ELDERSOURCE INSTITUTE INC (EIN 475221862) - 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

2015

Legal Domicile

Principal Officer

LINDA LEVIN

Phone

9043916610

Tax Period

2023-01-01 to 2023-12-31

ELDERSOURCE INSTITUTE INC, founded in 2015, is a micro nonprofit that reported $9K in total revenue in fiscal year 2023. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 23% operating margin.

Mission

ELDERSOURCE INSTITUTE INNOVATES AND REACHES MORE PEOPLE WITH MISSION ALIGNED SERVICES AND GENERATES NET INCOME TO REINVEST AND SERVE MORE PEOPLE THROUGH THE ELDERSOURCE FAMILY.

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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 $11

Program Service Revenue $8,990

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,338

Other Expenses $6,897

TOTAL EXPENSES $6,897

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,001	$13,962	-0.4%
Expenses	$6,897	$19,262	-0.6%
Net Income	$2,104	$-5,300	-1.4%

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

N/A

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

$166,705

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE JORGENSEN	CHAIR	1.00	Officer Director	$0	$0	$0
STUART GAINES	PAST CHAIR	1.00	Officer Director	$0	$0	$0
DR ASHLEY JENNINGS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ALAN FRASER	TREASUER	1.00	Officer Director	$0	$0	$0
DR WILLIAM ATERNENT	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA LEVIN	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$166,705

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	$9,001	$6,897	$56,189	$2,104
2022	$13,962	$19,262	$68,005	$-5,300
2021	$1,500	$13,987	$62,060	$-12,487
2020	$8,744	$20,968	$71,822	$-12,224
2019	$16,188	$29,311	$88,367	$-13,123
2018	$56,276	$60,184	$107,327	$-3,908

ELDERSOURCE INSTITUTE INC