ASSISTED LIVING FOUNDATION OF AMERICA (EIN 752641221) - 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

1996

Legal Domicile

Principal Officer

ELLIOT L SHELTON

Phone

3102015990

Tax Period

2023-01-01 to 2023-12-31

ASSISTED LIVING FOUNDATION OF AMERICA, founded in 1996, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. The organization ran a surplus of $1.1M, a strong 61% operating margin.

Mission

ORGANIZED TO ACQUIRE, REHABILITATE, SELL OR OPERATE AFFORDABLE HOUSING FOR MODERATE TO LOW-INCOME, ELDERLY OR FAMILIES.

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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 $0

Program Service Revenue $1,177,438

Investment Income $1,091,074

Other Revenue $-525,522

TOTAL REVENUE $1,742,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $227,958

Fundraising Expenses $0

Program Expenses $684,461

Other Expenses $460,193

TOTAL EXPENSES $688,151

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,742,990	$-287,774	-7.1%
Expenses	$688,151	$274,299	+1.5%
Net Income	$1,054,839	$-562,073	-2.9%

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

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
JOSHUA GENET	DIRECTOR	10.00	Director	$0	$0	$0
ISAAC SALZBERG	DIRECTOR	1.00	Director	$0	$0	$0
ELLIOT L SHELTON	PRESIDENT &	1.00	Officer 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	$1,742,990	$688,151	$42,583,950	$1,054,839
2022	$-287,774	$274,299	$41,752,048	$-562,073
2021	$1,962,277	$336,007	$42,900,409	$1,626,270
2020	$1,255,204	$105,937	$42,120,696	$1,149,267
2019	$1,276,843	$115,945	$41,056,108	$1,160,898
2018	$-39,559	$288,200	$40,070,634	$-327,759

ASSISTED LIVING FOUNDATION OF AMERICA