Senior Living Alternatives Inc (EIN 521452587) - 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

1985

Legal Domicile

Phone

3017333008

Tax Period

2024-07-01 to 2025-06-30

Senior Living Alternatives Inc, founded in 1985, is a small nonprofit in the Housing & Shelter sector that reported $719K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $883K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVISION OF LOW COST ASSISTED LIVING SERVICES TO SENIORS WITH LIMITED OR NO FAMILY SUPPORT WHO ARE UNABLE TO OBTAIN AFFORDABLE SERVICES ELSEWHERE

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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 $357,132

Program Service Revenue $361,295

Investment Income $346

Other Revenue $0

TOTAL REVENUE $718,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $732,725

Fundraising Expenses $0

Program Expenses $797,105

Other Expenses $150,138

TOTAL EXPENSES $882,863

Year-over-Year Comparison

	2024	2023	Change
Revenue	$718,773	$896,105	-0.2%
Expenses	$882,863	$839,006	+0.1%
Net Income	$-164,090	$57,099	-3.9%

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

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

$101,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE DAVIS	EXECUTIVE DIRECTOR	001.00	Key Emp Highest	$101,000	$0	$101,000
DOUG WRIGHT JR	PRESIDENT	002.00	Officer Director	$0	$0	$0
RICHARD MYERS	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
ELAINE WEAVER	SECRETARY	002.00	Officer Director	$0	$0	$0
CAROL MILLER	TREASURER	001.00	Director	$0	$0	$0
LINDA IRVIN-CRAIG	DIRECTOR	001.00	Director	$0	$0	$0
HOWARD LONG	DIRECTOR	001.00	Director	$0	$0	$0
ANN METHENA	DIRECTOR	001.00	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
2025	$718,773	$882,863	$116,644	$-164,090
2024	$896,105	$839,006	$230,849	$57,099
2023	$828,193	$775,060	$183,096	$53,133
2022	$664,050	$700,470	$177,921	$-36,420
2021	$725,910	$657,373	$178,616	$68,537
2020	$668,450	$662,992	$233,954	$5,458
2019	$620,297	$627,336	$186,002	$-7,039

Senior Living Alternatives Inc