ADULT CARE MANAGEMENT INC

EIN: 742428192 501(c)(3) Human Services

LAFAYETTE, CO

Total Revenue
$2,410,186
Total Expenses
$2,748,910
Total Assets
$836,053
Net Assets
$167,996
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CO
Principal Officer
PATRICK MAYNE
Phone
3034397011
Tax Period
2023-07-01 to 2024-06-30

ADULT CARE MANAGEMENT INC, founded in 1986, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2023. Expenses of $2.7M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE MISSION OF ADULT CARE MANAGEMENT, INC. (ACMI) IS TO ENABLE THE ELDERLY, THE CHRONICALLY ILL AND PERSONS WITH DISABILITIES TO MAINTAIN THEIR LIFESTYLE AND DIGNITY THROUGH CARE MANAGEMENT. ACMI PROVIDES FUNCTIONAL EVALUATIONS OF INDIVIDUALS' SELF-CARE STRENGTHS AND WEAKNESSES, ARRANGES FOR THE MOST APPROPRIATE LONG-TERM SUPPORTS AND CARE SERVICES, AND PROVIDES ONGOING MONITORING OF SERVICES AND NEEDS. SERVICES AND SUPPORTS MAY INCLUDE MEDICAID WAIVER SERVICES, GENERAL MEDICAID BENEFITS AND OTHER COMMUNITY-BASED RESOURCES. THE GOAL OF ACMI'S CARE MANAGEMENT SERVICE IS TO PREVENT INSTITUTIONAL STAYS AND SUPPORT THE INDIVIDUAL'S SUCCESS IN 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,349,785
Program Service Revenue $60,291
Investment Income $0
Other Revenue $110
TOTAL REVENUE $2,410,186

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,215,641
Fundraising Expenses $0
Program Expenses $2,462,039
Other Expenses $533,269
TOTAL EXPENSES $2,748,910

Year-over-Year Comparison

2023 2022 Change
Revenue $2,410,186 $2,300,258 +0.0%
Expenses $2,748,910 $2,288,411 +0.2%
Net Income $-338,724 $11,847 -29.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
45
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
4
$161,727
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA WILKINS-CROWDER EXECUTIVE DI 40.00
Officer
$147,590 $14,137 $161,727
PATRICK MAYNE PRESIDENT 1.00
Officer Director
$0 $0 $0
IAN ENGLE TREASURER 1.00
Officer Director
$0 $0 $0
KRIS DURSO SECRETARY 1.00
Officer Director
$0 $0 $0
SHERRY LEACH MEMBER 1.00
Director
$0 $0 $0
DOTTI LONGOBARDI MEMBER 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
2024 $2,410,186 $2,748,910 $836,053 $-338,724
2023 $2,300,258 $2,288,411 $813,936 $11,847
2022 $2,262,453 $2,248,088 $871,817 $14,365
2021 $2,064,383 $2,024,205 $906,531 $40,178
2020 $1,975,926 $1,960,441 $631,936 $15,485
2019 $1,989,657 $1,978,929 $740,995 $10,728
2018 $1,997,898 $1,980,682 $863,595 $17,216
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