ALLIANCE FOR SENIOR HEALTH CARE FI… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

SHAWN SMEALLIE

Phone

2023278100

Tax Period

2022-01-01 to 2022-06-30

Mission

ADVOCATING ON BEHALF OF SENIOR CITIZENS WITH HEALTH CARE ISSUES TO THE EXECUTIVE BRANCH AND MEMBERS OF CONGRESS IN ORDER TO HELP AMERICANS SECURE THEIR LONG TERM CARE. ASHCF EDUCATES KEY STAKEHOLDERS IN OUR NATIONS CAPITAL ABOUT THE LIFE SETTLEMENT INDUSTRY, WITH THE GOAL OFINCREASING AWARENESS OF LIFE SETTLEMENTS AS AN OPTION FOR SENIORS LOOKING FOR CREATIVE SOLUTIONS TO HEALTH CARE PROBLEMS.

Program Service Accomplishments

Program 1

DEVELOPING AND ADVOCATING FOR A FEDERAL LEGISLATIVE PROPOSAL THAT WOULD CREATE SENIOR HEALTH PLANNING ACCOUNTS (SHPA). THE PROPOSAL WOULD PERMIT SENIORS WHO SELL THEIR LIFE INSURANCE POLICIES TO ROLL OVER SOME OR ALL OF THOSE PROCEEDS TAX-FREE INTO A SHPA. THE PROPOSED LEGISLATION WOULD ALLOW SENIORS TO MAKE BETTER USE OF EXISTING ASSETS THEY ALREADY OWN TO PAY FOR HEALTH CARE COSTS, INCLUDING LONG-TERM CARE, AND WOULD PROVIDE ADDITIONAL FUNDS TO SENIORS AND SAVE TAXPAYER COSTS. TO DEVELOP THIS PROPOSAL, ASHCF CONSULTED WITH POLICY MAKERS AND THEIR STAFF, AND THIRD-PARTY ORGANIZATIONS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,144

TOTAL EXPENSES $5,144

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	N/A	N/A
Expenses	$5,144	$1,590	+2.2%
Net Income	N/A	$-1,590	N/A

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
MICHAEL FREEDMAN	DIRECTOR	3.00	Director	$0	$0	$0
SHAWN SMEALLIE	DIRECTOR	3.00	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
2022	No data	$5,144	No data	No data
2021	No data	$1,590	$5,144	No data
2020	No data	$1,857	$6,734	No data
2019	No data	No data	$8,591	No data
2018	No data	$113,337	$8,591	No data

ALLIANCE FOR SENIOR HEALTH CARE FINANCING INC