FAMILY ALTERNATIVES INC (EIN 561360087) - 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

1982

Legal Domicile

Principal Officer

NATHAN FARMER

Phone

4043642937

Tax Period

2024-07-01 to 2025-06-30

FAMILY ALTERNATIVES INC, founded in 1982, is a micro nonprofit in the Human Services sector that reported $43K in total revenue in fiscal year 2024. The organization ran a surplus of $20K, a strong 47% operating margin.

Mission

SUPPORTING ORGANIZATION FOR CHARITABLE HEALTHCARE AND HOUSING ORGANIZATIONS

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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 $0

Investment Income $0

Other Revenue $42,628

TOTAL REVENUE $42,628

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $22,700

TOTAL EXPENSES $22,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,628	$44,700	0.0%
Expenses	$22,700	$16,436	+0.4%
Net Income	$19,928	$28,264	-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

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

$5,345,255

Total Directors

$4,206,371

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYANT G COATS	CO-CEO/DIRECTOR	0.00	Officer Director	$0	$55,404	$2,241,349
JAMES D LOFTIN JR	DIRECTOR	0.00	Director	$0	$0	$40,762
CHARLES NORTHCUTT III	SECRETARY	0.00	Officer Director	$0	$0	$43,214
WILLIAM H OAKES	DIRECTOR	0.00	Director	$0	$0	$39,456
WILLIAM P WALKER	DIRECTOR	0.00	Director	$0	$0	$34,811
ALISON DRUMMOND	DIRECTOR	0.00	Director	$0	$0	$30,000
JOHN WEST	DIRECTOR	0.00	Director	$0	$0	$90,000
JOHN HAMILTON	DIRECTOR	0.00	Director	$0	$0	$43,256
CHASE NORTHCUTT	CO-CEO/DIRECTOR	0.00	Officer Director	$0	$78,814	$1,597,603
BRUCE STREET	DIRECTOR	0.00	Director	$0	$0	$45,920
SAMIT PATEL	PRESIDENT	0.00	Officer	$0	$53,195	$424,695
NATHAN FARMER	CFO	0.10	Officer	$0	$53,195	$691,795
SAMUEL COATS	DIRECTOR	0.00	Officer	$0	$55,099	$346,599

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	$42,628	$22,700	$155,854	$19,928
2024	$44,700	$16,436	$135,926	$28,264
2023	$48,900	$106,362	$107,662	$-57,462
2022	$44,700	$427,692	$165,124	$-382,992
2021	$45,200	$21,837	$548,116	$23,363
2020	$139,797	$15,026	$524,753	$124,771
2019	$42,876	$38,614	$492,799	$4,262
2018	$31,395	$18,442	$488,537	$12,953

FAMILY ALTERNATIVES INC