ALZHEIMER'S PROJECT INC (EIN 593163907) - 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

1992

Legal Domicile

Principal Officer

BRIAN DELANEY

Phone

8503862778

Tax Period

2023-01-01 to 2023-12-31

ALZHEIMER'S PROJECT INC, founded in 1992, is a small nonprofit in the Mental Health sector that reported $802K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $947K exceeded revenue, resulting in a 18% operating deficit.

Mission

PROVIDE SERVICES TO INDIVIDUALS WHO HAVE ALZHEIMER'S DISEASE OR A RELATED DEMENTIA IN THE TALLAHASSEE, FLORIDA AREA

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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 $810,635

Program Service Revenue $12,969

Investment Income $526

Other Revenue $-22,554

TOTAL REVENUE $801,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $381,842

Fundraising Expenses $13,270

Program Expenses $839,389

Other Expenses $564,882

TOTAL EXPENSES $946,724

Year-over-Year Comparison

	2023	2022	Change
Revenue	$801,576	$870,604	-0.1%
Expenses	$946,724	$879,422	+0.1%
Net Income	$-145,148	$-8,818	+15.5%

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

$93,870

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUIS J TROMBETTA	EXECUTIVE DI	40.00	Officer	$88,015	$5,855	$93,870
WENDI CANNON	DIRECTOR	1.00	Director	$0	$0	$0
LORI CLEMMONS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN DELANEY	INTERIM EXEC	5.00	Officer Director	$0	$0	$0
BILL EICHOFFER	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET FARRIS	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER FROST	DIRECTOR	1.00	Director	$0	$0	$0
RAY MCCALLISTER	TREASURER	1.00	Officer Director	$0	$0	$0
PATRICK O'BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
MEG POWALSKI	DIRECTOR	1.00	Director	$0	$0	$0
AUDREY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
KELLI SPEARS	DIRECTOR	1.00	Director	$0	$0	$0
NIHARIKA SUCHAK	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WICKER	DIRECTOR	1.00	Director	$0	$0	$0
CATHY CRAIG-MYERS	BOARD CHAIR	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$801,576	$946,724	$563,089	$-145,148
2022	$870,604	$879,422	$448,137	$-8,818
2021	$569,233	$632,534	$460,564	$-63,301
2020	$594,129	$560,452	$524,504	$33,677
2019	$757,997	$673,307	$482,058	$84,690
2018	$692,432	$579,486	$419,631	$112,946

ALZHEIMER'S PROJECT INC