ASSISTANCE TO THE ELDERLY INC (EIN 650925681) - 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

1999

Legal Domicile

Principal Officer

GEORGE ABADIE

Phone

3052672700

Tax Period

2023-01-01 to 2023-12-31

ASSISTANCE TO THE ELDERLY INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $708K, a strong 23% operating margin.

Mission

ASSISTED LIVING FACILITY - RENTAL SERVICES

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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 $1,033,048

Program Service Revenue $1,938,011

Investment Income $1,181

Other Revenue $65,448

TOTAL REVENUE $3,037,688

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,750

Program Expenses $2,237,295

Other Expenses $2,329,251

TOTAL EXPENSES $2,329,251

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,037,688	$1,678,205	+0.8%
Expenses	$2,329,251	$2,162,259	+0.1%
Net Income	$708,437	$-484,054	-2.5%

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

N/A

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
GEORGE ABADIE	CHAIRMAN	3.00	Director	$0	$0	$0
PATRICIA CARLIN	TRUSTEE	3.00	Director	$0	$0	$0
ALICIA CLARK	TRUSTEE	3.00	Director	$0	$0	$0
LUCIE DLUGASCH	TRUSTEE	3.00	Director	$0	$0	$0
VIVIAN T FIGUERAS	TRUSTEE	3.00	Director	$0	$0	$0
KEVIN FOX	TRUSTEE	3.00	Director	$0	$0	$0
ELBA HERNANDEZ	TRUSTEE	3.00	Director	$0	$0	$0
RUTH JIMENEZ	TRUSTEE	3.00	Director	$0	$0	$0
DR ATARA KANE	TRUSTEE	3.00	Director	$0	$0	$0
ROBERTO PONCELEON	TREASURER	3.00	Director	$0	$0	$0
ERIK WAGNER	SECRETARY	3.00	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	$3,037,688	$2,329,251	$12,259,109	$708,437
2022	$1,678,205	$2,162,259	$11,546,781	$-484,054
2021	$2,041,200	$1,825,462	$12,246,829	$215,738
2020	$3,151,274	$1,997,342	$12,235,702	$1,153,932
2019	$2,551,561	$2,064,596	$11,335,226	$486,965
2018	$1,838,642	$1,916,275	$11,054,303	$-77,633

ASSISTANCE TO THE ELDERLY INC