Access Independence Inc

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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

5406624452

Tax Period

2024-07-01 to 2025-06-30

Access Independence Inc, founded in 1985, is a small nonprofit that reported $994K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $955K left a modest 4% surplus.

Mission

Access Independences mission is to promote independent living by providing services that enhance the quality of life for people with disabilities living in the Commonwealth of Virginia.

Program Service Accomplishments

Program 1

Expenses: $359,024

Access Independence provided direct services to 691 consumers during the year. These services included information and referral, peer monitoring, independent living skills training, transition...

Access Independence provided direct services to 691 consumers during the year. These services included information and referral, peer monitoring, independent living skills training, transition assistance, and advocacy.

Program 2

Expenses: $293,743

Access Independences outreach efforts include community education, training, and technical support, empowering people with disabilities and their families to become better advocates for independent living. Access Independence also provides an array of services to businesses, other community organizations, and government entities. Access Independence provided 1,365 hours of community services and 1,289 hours of information and referral.

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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 $716,127

Program Service Revenue $243,603

Investment Income $32,633

Other Revenue $2,106

TOTAL REVENUE $994,469

Expense Breakdown

Grants Paid $0

Salaries & Benefits $689,486

Fundraising Expenses $8,542

Program Expenses $652,767

Other Expenses $265,092

TOTAL EXPENSES $954,578

Year-over-Year Comparison

	2024	2023	Change
Revenue	$994,469	$896,962	+0.1%
Expenses	$954,578	$840,727	+0.1%
Net Income	$39,891	$56,235	-0.3%

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

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
Will Lawrence	Director	2.00	Director	$0	$0	$0
Harolynn Wiley	Director	2.00	Director	$0	$0	$0
Lisa Boone	Director	2.00	Director	$0	$0	$0
Anne Brewster	Director	2.00	Director	$0	$0	$0
Kelly Canterbury	Director	2.00	Director	$0	$0	$0
Pat Johnson	Director	2.00	Director	$0	$0	$0
Sue Jones	Director	2.00	Director	$0	$0	$0
Patricia Dick	Treasurer	2.00	Officer	$0	$0	$0
Fay Dutton	Secretary	2.00	Officer	$0	$0	$0
David Booth	Vice-President	2.00	Officer	$0	$0	$0
Irene Hardesty	President	2.00	Officer	$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	$994,469	$954,578	$2,125,103	$39,891
2024	$896,962	$840,727	$1,946,048	$56,235
2024	No data	No data	No data	No data
2023	$816,452	$764,026	$1,602,021	$52,426
2022	$684,848	$691,242	$1,117,784	$-6,394
2021	$621,388	$610,457	$1,188,315	$10,931
2020	$613,107	$618,742	$1,014,764	$-5,635
2019	$586,545	$557,550	$781,218	$28,995