SARASOTA INSTITUTE OF LIFETIME LEARNING INC (EIN 592344325) - 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

1970

Legal Domicile

Principal Officer

Jeffry Olesen

Phone

9413656404

Tax Period

2024-07-01 to 2025-06-30

SARASOTA INSTITUTE OF LIFETIME LEARNING INC, founded in 1970, is a small nonprofit that reported $528K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $183K, a strong 35% operating margin.

Mission

Provide a lecture series on global issues and a music series for the community.

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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 $74,084

Program Service Revenue $329,114

Investment Income $124,511

Other Revenue $0

TOTAL REVENUE $527,709

Expense Breakdown

Grants Paid $102,000

Salaries & Benefits $7,500

Fundraising Expenses $0

Program Expenses $344,931

Other Expenses $235,431

TOTAL EXPENSES $344,931

Year-over-Year Comparison

	2024	2023	Change
Revenue	$527,709	$390,254	+0.4%
Expenses	$344,931	$330,603	+0.0%
Net Income	$182,778	$59,651	+2.1%

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

100

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

$7,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Holt	Director	15	Director	$5,500	$0	$5,500
Betsy Traba	Director	10	Director	$2,000	$0	$2,000
Robert Barylski	Director	6	Director	$0	$0	$0
Nancy Cabral	Director	6	Director	$0	$0	$0
Adrienne Cipolla	Director	6	Director	$0	$0	$0
Robert DeFillippi	Director	10	Director	$0	$0	$0
Gordon Garrett	Director	10	Director	$0	$0	$0
Susan Hook	Director	6	Director	$0	$0	$0
Gerald Luhman II	Director	15	Director	$0	$0	$0
Craig Marion	Director	6	Director	$0	$0	$0
Karen Brown	Director	15	Director	$0	$0	$0
Teresa Morris	Director	15	Director	$0	$0	$0
Jeffrey Olesen	President	15	Officer Director	$0	$0	$0
C Beth Cotner	Director	10	Director	$0	$0	$0
Robert Deutsch	Director	10	Director	$0	$0	$0
Susan Lewis	Assistant Treasurer	10	Director	$0	$0	$0
Michael Boorstein	Vice President	10	Officer Director	$0	$0	$0
Jane DeFillippi	Director	10	Director	$0	$0	$0
Craig Kennedy	Director	10	Director	$0	$0	$0
Robert Lieber	Director	6	Director	$0	$0	$0
Richard Rose	Director	6	Director	$0	$0	$0
Kathie Westphaling	Director	15	Director	$0	$0	$0
Marshall Greenwald	Treasurer	15	Officer	$0	$0	$0
Robert Germain	Secretary	15	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	$527,709	$344,931	$1,953,432	$182,778
2024	$390,254	$330,603	$1,655,613	$59,651
2023	$301,628	$365,165	$1,465,811	$-63,537
2022	$293,467	$343,323	$1,428,112	$-49,856
2021	$205,533	$178,815	$1,707,971	$26,718

SARASOTA INSTITUTE OF LIFETIME LEARNING INC