POTENTIA LIVING INC (EIN 852541543) - 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

2020

Legal Domicile

Phone

5028300030

Tax Period

2023-10-01 to 2024-09-30

Mission

THE PURPOSE OF THE ORGANIZATION IS THE DEVELOPMENT OF A LIFE PLAN COMMUNITY DBA BRIGHTEN HEIGHTS. THE FOCUS WILL BE TO SERVICE AND SUPPORT SENIORS WITH LIFESTYLE-FOCUSED PROGRAMMING. OUR MISSION IS TO EMPOWER SENIORS TO LIVE HEALTHY, ACTIVE, AND PURPOSEFUL LIFESTYLES. IT IS BUILT ON THE FOUR PILLARS TO POSITIVIE CHANGE - EDUCATION, HOPE, CHOICE AND SUPPORT.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $5,111

TOTAL EXPENSES $5,111

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$106,553	-1.0%
Expenses	$5,111	$10,288	-0.5%
Net Income	N/A	$96,265	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

$82,441

Total Directors

$82,441

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL RABUKA	President	9.00	Officer Director	$0	$0	$82,441
TOM CLARK	Vice President	1.00	Officer Director	$0	$0	$0
DANNY DUBOSQUE	Secretary	1.00	Officer Director	$0	$0	$0
PAUL ADEOGUN	Director	1.00	Director	$0	$0	$0
MELVIN KIRKWOOD	Director	1.00	Director	$0	$0	$0
LIZ B MUHLENBECK	Director	1.00	Director	$0	$0	$0
RICHARD WILSON	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	$5,111	$2,578,519	No data
2023	$106,553	$10,288	$2,489,132	$96,265
2022	No data	$16,462	$2,504,993	No data
2021	No data	$162,323	$2,176,172	No data

POTENTIA LIVING INC