PHOENIX ALTERNATIVES INC (EIN 411675509) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

MICHAEL MINER

Phone

6514077174

Tax Period

2024-01-01 to 2024-12-31

PHOENIX ALTERNATIVES INC, founded in 1990, is a community nonprofit in the Education sector that reported $6.9M in total revenue in fiscal year 2024.

Mission

PAI PROVIDES DAY, EMPLOYMENT AND COMMUNITY SUPPORTS TO ADULTS WITH DEVELOPMENTAL DISABILITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $149,656

Program Service Revenue $6,692,545

Investment Income $56,706

Other Revenue $0

TOTAL REVENUE $6,898,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,163,058

Fundraising Expenses $24,300

Program Expenses $5,860,855

Other Expenses $2,778,040

TOTAL EXPENSES $6,965,398

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,898,907	$6,572,393	+0.0%
Expenses	$6,965,398	$7,145,383	0.0%
Net Income	$-66,491	$-572,990	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

269

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$151,137

Total Directors

$151,137

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM GIBSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JAY BREIDINGER	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN KUHRMEYER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL MINER	PRESIDENT	40.00	Officer Director	$143,690	$7,447	$151,137
KIM STRANTZ	DIRECTOR	1.00	Director	$0	$0	$0
BEN KAPPELMAN	DIRECTOR	1.00	Director	$0	$0	$0
GREG HOLLY	DIRECTOR	1.00	Director	$0	$0	$0
CLIFF HANSON	DIRECTOR	1.00	Director	$0	$0	$0
BARB WHITE	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$6,898,907	$6,965,398	$5,486,587	$-66,491
2023	$6,572,393	$7,145,383	$5,104,284	$-572,990
2022	$6,558,738	$6,971,895	$5,901,678	$-413,157
2021	$7,421,750	$6,136,606	$5,941,141	$1,285,144
2020	$4,299,842	$4,491,166	$4,580,426	$-191,324
2019	$6,573,432	$6,615,948	$4,561,795	$-42,516
2018	$6,549,804	$6,371,800	$4,533,814	$178,004

PHOENIX ALTERNATIVES INC