Aldersgate Enrichment Center Inc (EIN 752213280) - 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

1987

Legal Domicile

Principal Officer

Robert Porter

Phone

3256465608

Tax Period

2023-01-01 to 2023-12-31

Aldersgate Enrichment Center Inc, founded in 1987, is a community nonprofit in the Religion sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

Providing an innovative and family oriented, Christian community that provides opportunities in all aspects of life for adults with special needs. Services include vocational programs and housing.

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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 $148,096

Program Service Revenue $1,540,353

Investment Income $14,107

Other Revenue $21,296

TOTAL REVENUE $1,723,852

Expense Breakdown

Grants Paid $3,121

Salaries & Benefits $947,792

Fundraising Expenses $13,142

Program Expenses $1,610,598

Other Expenses $966,543

TOTAL EXPENSES $1,917,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,723,852	$2,219,902	-0.2%
Expenses	$1,917,456	$1,913,747	+0.0%
Net Income	$-193,604	$306,155	-1.6%

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

Governance

Voting Members

Independent Members

Employees

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michelle Thomas	Executive Director	40.00		$100,000	$0	$100,000
Laurie Bishop	Director	1.00	Director	$0	$0	$0
Mike Pinson	Director	1.00	Director	$0	$0	$0
Joseph Boatman	Director	1.00	Director	$0	$0	$0
Robert Porter	Treasurer	1.00	Officer Director	$0	$0	$0
Rob King	Vice President	1.00	Officer Director	$0	$0	$0
Mike Stumbaugh	Director	1.00	Director	$0	$0	$0
Deborah Hutchinson	Director	1.00	Director	$0	$0	$0
Jesse Lindsey	Director	1.00	Director	$0	$0	$0
Fred Vuksan	Director	1.00	Director	$0	$0	$0
Buddy Roberts	President	1.00	Officer Director	$0	$0	$0
Ed Cauley	Director	1.00	Director	$0	$0	$0
Bill Shelton	Secretary	1.00	Officer Director	$0	$0	$0
Jayme St Ama	Director	1.00	Director	$0	$0	$0
David Smith	Director	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
2023	$1,723,852	$1,917,456	$5,978,299	$-193,604
2022	$2,219,902	$1,913,747	$5,996,037	$306,155
2021	$2,090,508	$1,955,258	$4,857,224	$135,250
2020	$1,764,381	$1,844,250	$4,767,329	$-79,869

Aldersgate Enrichment Center Inc