RESOURCE CENTER FOR INDEPENDENT LIVING INC (EIN 480999139) - Form 990 Financial Analysis & Trantor Score

🔒

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

DEONE M WILSON

Phone

7855283105

Tax Period

2023-10-01 to 2024-09-30

RESOURCE CENTER FOR INDEPENDENT LIVING INC, founded in 1984, is a community nonprofit in the Human Services sector that reported $3.4M in total revenue in fiscal year 2023. The organization ran a surplus of $576K, a strong 17% operating margin.

Mission

THE ORGANIZATION IS COMMITTED TO WORKING WITH INDIVIDUALS, FAMILIES, AND COMMUNITIES TO PROMOTE INDEPENDENT LIVING AND INDIVIDUAL CHOICE TO PERSONS WITH DISABILITIES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $709,801

Program Service Revenue $2,503,083

Investment Income $141,231

Other Revenue $17,718

TOTAL REVENUE $3,371,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,949,711

Fundraising Expenses $0

Program Expenses $2,156,240

Other Expenses $846,136

TOTAL EXPENSES $2,795,847

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,371,833	$3,222,142	+0.0%
Expenses	$2,795,847	$2,727,155	+0.0%
Net Income	$575,986	$494,987	+0.2%

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

115

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

$341,173

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE HAGEMANN	DIRECTOR	1.00	Director	$0	$0	$0
DANA PINKSTON	DIRECTOR	1.00	Director	$0	$0	$0
LOREN DEBAUN	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE SUNDAY	VICE-CHAIRPERSON	1.00	Officer Director	$0	$0	$0
KRAIG KETTLER	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
TIM REESER	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA BREWER	SECRETARY	40.00	Officer	$80,951	$15,749	$96,700
MICHAEL PITTS	V.P. & TREASURER	40.00	Officer	$99,929	$16,305	$116,234
DEONE WILSON	PRESIDENT	40.00	Officer	$110,949	$17,290	$128,239

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	$3,371,833	$2,795,847	$6,221,521	$575,986
2023	$3,222,142	$2,727,155	$5,270,153	$494,987
2022	$4,145,574	$3,755,176	$5,542,117	$390,398
2021	$2,685,358	$2,412,814	$4,867,019	$272,544
2020	$2,225,061	$2,073,987	$4,573,835	$151,074
2019	$19,708,621	$19,569,322	$4,634,960	$139,299
2018	$18,710,111	$19,089,076	$4,764,556	$-378,965

RESOURCE CENTER FOR INDEPENDENT LIVING INC