ALTERNATIVES FOR THE OLDER ADULT INC

EIN: 421231219 501(c)(3)

MOLINE, IL

Total Revenue
$5,457,912
Total Expenses
$5,889,359
Total Assets
$2,762,737
Net Assets
$997,761
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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
1984
Legal Domicile
IA
Principal Officer
ARISTOTLE PAPANIKOLAOU
Phone
3092770167
Tax Period
2024-07-01 to 2025-06-30

ALTERNATIVES FOR THE OLDER ADULT INC, founded in 1984, is a community nonprofit that reported $5.5M in total revenue in fiscal year 2024.

Mission

ALTERNATIVES PROMOTES THE INDEPENDENCE AND QUALITY OF LIFE FOR OLDER ADULTS, ADULTS WITH DISABILITIES, AND THEIR FAMILIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,448,280
Program Service Revenue $0
Investment Income $7,582
Other Revenue $2,050
TOTAL REVENUE $5,457,912

Expense Breakdown

Grants Paid $96,964
Salaries & Benefits $4,749,327
Fundraising Expenses $1,600
Program Expenses $4,974,610
Other Expenses $1,043,068
TOTAL EXPENSES $5,889,359

Year-over-Year Comparison

2024 2023 Change
Revenue $5,457,912 $5,356,715 +0.0%
Expenses $5,889,359 $5,075,341 +0.2%
Net Income $-431,447 $281,374 -2.5%
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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Governance

Voting Members
11
Independent Members
11
Employees
95
Volunteers
31

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
5
$138,900
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMANDA CURLESS BOARD MEMBER 0.50
Director
$0 $0 $0
SARAH SNYDER BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN FINKES BOARD MEMBER 0.50
Director
$0 $0 $0
KIM MCMAHILL BOARD MEMBER 0.50
Director
$0 $0 $0
RACHEL SECRIST BOARD MEMBER 0.50
Director
$0 $0 $0
MARY JANE CLARK BOARD MEMBER 0.50
Director
$0 $0 $0
NATHAN NEIGHBOUR BOARD MEMBER 0.50
Director
$0 $0 $0
REV YOLANDA KRK BOARD MEMBER 0.50
Director
$0 $0 $0
TRISTA FOSTER PRESIDENT 1.00
Officer
$0 $0 $0
JUSTIN PETERSON TREASURER 0.50
Officer
$0 $0 $0
DAVID MCCAULEY SECRETARY 0.50
Officer
$0 $0 $0
TARA FELD VICE PRESIDENT 0.50
Officer
$0 $0 $0
ARISTOTLE PAPANIKOLAOU CEO 40.00
Officer
$134,186 $4,714 $138,900
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
2025 $5,457,912 $5,889,359 $2,762,737 $-431,447
2024 $5,356,715 $5,075,341 $2,072,605 $281,374
2023 $5,077,310 $5,199,909 $1,872,085 $-122,599
2022 $4,809,234 $4,726,111 $1,671,434 $83,123
2021 $5,130,823 $4,398,045 $1,520,520 $732,778
2020 $4,869,199 $4,707,346 $1,442,415 $161,853
2019 $4,254,466 $4,210,526 $831,102 $43,940
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