ALTERNATIVES FOR THE OLDER ADULT I… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $2,911,131

CARE COORDINATION - PROVIDES ONGOING ASSESSMENT AND SERVICE COORDINATION FOR OLDER ADULTS TO REMAIN INDEPENDENT. IN FY25, ALTERNATIVES RECEIVED 14,187 REFERRALS FOR SUPPORT. ALTERNATIVES MANAGES AN ONGOING CASELOAD OF CLOSE TO 2,979 PARTICIPANTS. AS A PROGRAM, CARE COORDINATION WAS ABLE TO SUCCESSFULLY ASSIST 81% OF SENIORS ELIGIBLE FOR NURSING HOME TO CARE TO REMAIN IN THEIR HOME. 96% OF PARTICIPANTS AND CAREGIVERS INDICATE THEY WOULD RECOMMEND ALTERNATIVES' SERVICES TO OTHERS.

Program 2

Expenses: $826,480

ADULT PROTECTIVE SERVICES - CONDUCTS INTAKE, INVESTIGATION, CASEWORK, AND INTERVENTION TO PREVENT FURTHER ABUSE, NEGLECT, OR FINANCIAL EXPLOITATION OF OLDER ADULTS OR OF ADULTS WITH DISABILITIES (AGE 18 59). IN FY25, ADULT PROTECTIVE SERVICES INVESTIGATED 1094 CASES OF WHICH 403 WERE SUBSTANTIATED FOR ABUSE, NEGLECT, OR EXPLOITATION.

Program 3

Expenses: $471,067

OMBUDSMAN - PROVIDE A REGULAR PRESENCE IN 123 FACILITIES IN A SIXTEEN-COUNTY SERVICE AREA TO ADDRESS SYSTEMIC CHALLENGES IN THE CARE OF LONG-TERM CARE RESIDENTS. PROVIDES ADVOCACY, CONSULTATION, AND FOLLOW-UP FOR 3,149 LONG-TERM RESIDENTS, FAMILIES, AND STAFF. THE OMBUDSMAN PROVIDED DIRECT ASSISTANCE TO 386 LONG-TERM CARE RESIDENTS TO RESOLVE COMPLAINTS ABOUT THEIR CARE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$138,900

Total Directors

Key Employees

Highest Compensated

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

ALTERNATIVES FOR THE OLDER ADULT INC