WORKING FOR INDEPENDENT LIVING INC (EIN 731120620) - 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

1998

Legal Domicile

Principal Officer

JEANNE MALSON

Phone

9183332244

Tax Period

2024-10-01 to 2025-09-30

WORKING FOR INDEPENDENT LIVING INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $583K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $128K, a strong 22% operating margin.

Mission

TO PROVIDE HANDICAPPED AND ELDERLY PERSONS WITH AFFORDABLE HOUSING AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $582,652

Investment Income $434

Other Revenue $0

TOTAL REVENUE $583,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $416,634

Other Expenses $455,355

TOTAL EXPENSES $455,355

Year-over-Year Comparison

	2024	2023	Change
Revenue	$583,086	$539,669	+0.1%
Expenses	$455,355	$443,000	+0.0%
Net Income	$127,731	$96,669	+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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANNE MALSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELLE JACKSON	SECRETARY	2.00	Officer Director	$0	$0	$0
POLLY CHRISTIAN	BOARD MEMBER	2.00	Director	$0	$0	$0
PAULA MCKELVEY	BOARD MEMBER	2.00	Director	$0	$0	$0
CYNDY MILLEFOGLIE	BOARD MEMBER	2.00	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
2025	$583,086	$455,355	$622,700	$127,731
2024	$539,669	$443,000	$611,109	$96,669
2023	$525,618	$488,822	$653,471	$36,796
2022	$498,230	$509,769	$686,069	$-11,539
2021	$516,895	$462,217	$743,457	$54,678
2020	$494,161	$464,624	$773,139	$29,537
2019	$466,064	$427,274	$825,558	$38,790
2018	$491,334	$445,524	$839,005	$45,810

WORKING FOR INDEPENDENT LIVING INC