BELMONT INDEPENDENT LIVING INC (EIN 521298841) - 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

1983

Legal Domicile

Principal Officer

STEPHEN BERNSTEIN

Phone

9197341111

Tax Period

2024-07-01 to 2025-06-30

BELMONT INDEPENDENT LIVING INC, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $651K in total revenue in fiscal year 2024. Expenses of $620K left a modest 5% surplus.

Mission

PROVIDE HOUSING TO LOW INCOME HANDICAPPED INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $648,296

Investment Income $149

Other Revenue $2,840

TOTAL REVENUE $651,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,696

Fundraising Expenses $0

Program Expenses $478,597

Other Expenses $473,068

TOTAL EXPENSES $619,764

Year-over-Year Comparison

	2024	2023	Change
Revenue	$651,285	$637,783	+0.0%
Expenses	$619,764	$609,955	+0.0%
Net Income	$31,521	$27,828	+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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
STEPHEN BERNSTEIN	PRESIDENT/CH	1.00	Officer Director	$0	$0	$0
SYLVESTER FIERS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KAY PEARSON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MICHAEL SPEAKES	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID WEIL	MANAGING AGE	1.00		$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
2025	$651,285	$619,764	$647,823	$31,521
2024	$637,783	$609,955	$550,682	$27,828
2023	$618,273	$589,809	$561,792	$28,464
2022	$585,372	$563,671	$543,763	$21,701
2021	$609,083	$596,411	$532,026	$12,672
2020	$582,095	$537,259	$556,943	$44,836
2019	$571,617	$592,105	$625,564	$-20,488

BELMONT INDEPENDENT LIVING INC