GOLDEN BRIDGES ASSISTED LIVING INC

EIN: 475544300 501(c)(3) Health Care

LITHONIA, GA

Total Revenue
$225,294
Total Expenses
$214,356
Total Assets
$75,449
Net Assets
$17,809
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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
2010
Legal Domicile
GA
Tax Period
2020-01-01 to 2020-12-31

GOLDEN BRIDGES ASSISTED LIVING INC, founded in 2010, is a small nonprofit in the Health Care sector that reported $225K in total revenue in fiscal year 2020. Expenses of $214K left a modest 5% surplus.

Mission

TO PROVIDE LOW INCOME ELDERLY RESIDENTS AND THOSE WITH VARIOUS DISABILITIES WITH AN ARRAY OF SUPPORTIVE AND ESSENTIAL SERVICES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $225,294
Investment Income $0
Other Revenue $0
TOTAL REVENUE $225,294

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,313
Fundraising Expenses $0
Program Expenses $188,428
Other Expenses $174,043
TOTAL EXPENSES $214,356

Year-over-Year Comparison

2020 2019 Change
Revenue $225,294 $209,004 +0.1%
Expenses $214,356 $198,820 +0.1%
Net Income $10,938 $10,184 +0.1%
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

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Governance

Voting Members
2
Independent Members
1
Employees
5
Volunteers
5

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
2
$23,500
Total Directors
2
$23,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHELTON D SHATTEEN EXECUTIVE DIRECTORCEO 40.00
Officer Director
$23,500 $0 $23,500
SALINIA SHATTEEN SECRETARYCFO 40.00
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
2020 $225,294 $214,356 $75,449 $10,938
2019 $209,004 $198,820 $6,637 $10,184
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