THE SENIOR LIVING FOUNDATION INC (EIN 581838041) - 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

2008

Legal Domicile

Principal Officer

WINSTON ALLEN PORTER III

Phone

7703999988

Tax Period

2023-01-01 to 2023-12-31

THE SENIOR LIVING FOUNDATION INC, founded in 2008, is a community nonprofit in the Housing & Shelter sector that reported $9.9M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $11.5M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE ORGANIZATION WAS FORMED TO PROMOTE HEALTH BY OFFERING ELDERLY CITIZENS VIABLE CHOICES IN ALTERNATE LIVING ARRANGEMENTS DESIGNED TO MEET THEIR VARIOUS LEVELS OF NEEDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,118,732

Program Service Revenue $8,756,958

Investment Income $-331

Other Revenue $12,889

TOTAL REVENUE $9,888,248

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,482,975

Fundraising Expenses $0

Program Expenses $9,726,313

Other Expenses $4,967,183

TOTAL EXPENSES $11,450,158

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,888,248	$8,645,539	+0.1%
Expenses	$11,450,158	$11,141,633	+0.0%
Net Income	$-1,561,910	$-2,496,094	-0.4%

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

270

Volunteers

546

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WINSTON ALLEN PORTER III	MANAGING DIRECTOR	12.00	Officer Director	$50,000	$0	$50,000
DAVID MARVIN	DIRECTOR	1.00	Director	$0	$0	$0
CHUCK POWELL	DIRECTOR	1.00	Director	$0	$0	$0
STEVE PICKIN	CHAIRMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
CHRIS MORRISON	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$9,888,248	$11,450,158	$11,720,299	$-1,561,910
2022	$8,645,539	$11,141,633	$12,111,057	$-2,496,094
2021	$11,238,892	$11,095,236	$12,804,149	$143,656
2020	$11,034,838	$11,894,824	$13,708,468	$-859,986
2019	$11,027,399	$11,796,734	$14,127,025	$-769,335
2018	$11,465,959	$12,348,880	$14,495,017	$-882,921

THE SENIOR LIVING FOUNDATION INC