SPECTRUM LIVING SOLUTIONS INC (EIN 810759430) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

ASHTON MCCOMBS

Phone

4792518606

Tax Period

2024-04-01 to 2025-03-31

Spectrum Living Solutions Inc, founded in 2015, is a small nonprofit in the Human Services sector that reported $393K in total revenue in fiscal year 2019. Revenue surged 150% from the prior year, signaling strong growth momentum.

Mission

PROVIDING HIGH QUALITY, PERSON-CENTERED, COMMUNITY-BASED SERVICES FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $426,913

Program Service Revenue $337,637

Investment Income $0

Other Revenue $3,077

TOTAL REVENUE $767,627

Expense Breakdown

Grants Paid $0

Salaries & Benefits $610,637

Fundraising Expenses $3,185

Program Expenses $727,370

Other Expenses $153,836

TOTAL EXPENSES $764,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$767,627	$800,860	0.0%
Expenses	$764,473	$823,443	-0.1%
Net Income	$3,154	$-22,583	-1.1%

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
BETTS MCCOMBS	CO-FOUNDER, BOARD MEMBER	2.00	Director	$0	$0	$0
MARILYN BENOIT MD	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JEFF AMERINE	DIRECTOR	2.00	Director	$0	$0	$0
MATT ZAKARAS	DIRECTOR	2.00	Director	$0	$0	$0
AMY KELLY	DIRECTOR	2.00	Director	$0	$0	$0
RON COOK	DIRECTOR	2.00	Director	$0	$0	$0
RICK SMITH	DIRECTOR	2.00	Director	$0	$0	$0
ASHTON MCCOMBS IV	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
LEE WACHTEL	DIRECTOR	2.00	Director	$0	$0	$0
MARY ANN MCINTRYE	DIRECTOR OF CLINICAL SERVI	40.00	Highest	$113,166	$0	$113,166

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	$767,627	$764,473	$23,318	$3,154
2024	$800,860	$823,443	$15,164	$-22,583
2023	$654,260	$777,773	$12,351	$-123,513
2022	$887,334	$788,711	$50,996	$98,623
2021	$832,091	$959,241	$81,139	$-127,150
2020	$393,469	$422,941	$68,347	$-29,472

SPECTRUM LIVING SOLUTIONS INC