ADULT DAY SERVICES INC

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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

2002

Legal Domicile

Principal Officer

APRIL COLLMAN

Phone

2187511324

Tax Period

2023-01-01 to 2023-12-31

ADULT DAY SERVICES INC, founded in 2002, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 11% surplus.

Mission

TO PROMOTE HEALTHY AGING WITH THE FOCUS TO IMPROVE AND ENHANCE OVERALL WELLNESS. THROUGH A SYSTEM OF SUPPORTIVE SERVICES IN ONE LOCATION THE PROGRAM COST EFFECTIVELY ASSISTS PEOPLE EXPERIENCING ISOLATION DUE TO PHYSICAL AND PSYCHOSOCIAL DEMANDS, TO MAINTAIN AND/OR INCREASE INDEPENDENCE, AND REMAIN AN ACTIVE PART OF FAMILY AND COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $336,856 Revenue: $354,126

SOCIALIZATION, ASSISTANCE WITH PERSONAL CARE NEEDS, NURSING SUPERVISION, MEDICATION ADMINISTRATION, MONITORING OF HEALTH CARE NEEDS, DEVELOPMENT AND MAINTENANCE OF INDIVIDUAL CARE PLANS.

Program 2

Expenses: $163,616 Revenue: $172,004

SUGGESTED PHYSICAL, OCCUPATIONAL AND HORTICULTURAL THERAPIES, STRUCTURED EXERCISE PROGRAMS, AND THERAPEUTIC BATH FOR SAFETY AND PAIN MANAGEMENT.

Program 3

Expenses: $461,973 Revenue: $485,658

TRANSPORTATION, ADVOCATE FOR PARTICIPANTS, FAMILIES, AND CAREGIVERS. SENIOR OUTREACH AND REFERRAL. NUTRITIONAL MEALS AND SPECIAL DIET MODIFICATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $151,466

Program Service Revenue $975,365

Investment Income $38,371

Other Revenue $0

TOTAL REVENUE $1,165,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $642,763

Fundraising Expenses $8,359

Program Expenses $962,445

Other Expenses $398,795

TOTAL EXPENSES $1,041,558

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,165,202	$840,410	+0.4%
Expenses	$1,041,558	$798,190	+0.3%
Net Income	$123,644	$42,220	+1.9%

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

Volunteers

237

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDALL BURG	CHAIR	2.00	Officer Director	$0	$0	$0
KAREN OFTELIE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA BARTELS	SECRETARY	1.00	Officer Director	$0	$0	$0
TONY BURLINGAME	TREASURER	1.00	Officer Director	$0	$0	$0
ERNIE BEITEL	DIRECTOR	1.00	Director	$0	$0	$0
ALAN CURB	DIRECTOR	1.00	Director	$0	$0	$0
RYAN OKERLUND	VICE-CHAIR	1.00	Officer 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	No data	No data	No data	No data
2023	$1,165,202	$1,041,558	$1,075,242	$123,644
2022	$840,410	$798,190	$1,005,075	$42,220
2021	$795,158	$660,684	$1,051,678	$134,474
2020	$482,450	$403,012	$914,006	$79,438