FOUNDATION FOR SENIOR LIVING

EIN: 860298945 501(c)(3)

PHOENIX, AZ

Total Revenue
$4,848,453
Total Expenses
$6,492,244
Total Assets
$42,817,421
Net Assets
$13,236,806
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
AZ
Principal Officer
TAMARA BOHANNON
Phone
6022851800
Tax Period
2024-07-01 to 2025-06-30

FOUNDATION FOR SENIOR LIVING, founded in 1974, is a community nonprofit that reported $4.8M in total revenue in fiscal year 2024. Revenue surged 124% from the prior year, signaling strong growth momentum. Expenses of $6.5M exceeded revenue, resulting in a 34% operating deficit.

Mission

OUR HOLISTIC APPROACH PREPARES AND EMBRACES INDIVIDUALS TO AGE INDEPENDENTLY, SAFELY AND WITH PEACE OF MIND.

Program Service Accomplishments

Program 1
Expenses: $4,274,076 Revenue: $65,708

THROUGH ITS AFFILIATES, FOUNDATION FOR SENIOR LIVING (FSL) HAS BEEN MAKING ARIZONA A SAFE PLACE TO AGE SINCE 1974. FSL UNDERWENT A REBRAND IN APRIL 2025 AND IS DOING BUSINESS AS ALLTHRIVE365...

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THROUGH ITS AFFILIATES, FOUNDATION FOR SENIOR LIVING (FSL) HAS BEEN MAKING ARIZONA A SAFE PLACE TO AGE SINCE 1974. FSL UNDERWENT A REBRAND IN APRIL 2025 AND IS DOING BUSINESS AS ALLTHRIVE365. ALLTHRIVE365 ASSISTS OVER 38,000 ARIZONANS ANNUALLY THROUGH MORE THAN 25 PROGRAMS CENTERED AROUND THREE PRIMARY FOCUS AREAS: HEALTH, HOUSING AND CONNECTION. IN THE FISCAL YEAR 2024-25, ALLTHRIVE365 CONTINUED ITS COMMITMENT TO PROVIDING SECURE HOUSING BY OFFERING SHELTER TO OVER 1,300 ARIZONANS EACH NIGHT. THIS ENCOMPASSED VARIOUS HOUSING OPTIONS, INCLUDING SINGLE- AND MULTI-FAMILY HOMES, AFFORDABLE HOUSING COMPLEXES, AND RESIDENTIAL BEHAVIORAL HEALTH GROUP HOMES. (CONTINUED ON SCHEDULE O)ALLTHRIVE365 ALSO ACTIVELY TRAINED AND MONITORED SPONSORS INVOLVED IN ADULT FOSTER CARE AND ADULT BEHAVIORAL HEALTH THERAPEUTIC HOME PROGRAMS.AS THE LARGEST PROVIDER OF WEATHERIZATION SERVICES IN ARIZONA, ALLTHRIVE365'S WEATHERIZATION AND HOME IMPROVEMENT INITIATIVES CUT ENERGY BILLS AND IMPROVED HEALTH FOR OVER 8,000 HOMEOWNERS. IN THE AREA OF NUTRITION, ALLTHRIVE365 PROVIDED 200,000 MEALS TO FAMILIES IN NEED VIA FOOD PANTRIES, CONGREGATE AND HOME-DELIVERED MEAL PROGRAMS. HEALTH AND WELLNESS INITIATIVES PROVIDED TRANSITIONAL CARE FOR OVER 2,400 PATIENTS UPON HOSPITAL DISCHARGE AND OPERATED ADULT DAY HEALTH FACILITIES, DELIVERING OVER 133,000 HOURS OF RESPITE CARE TO FAMILY CAREGIVERS. THROUGHOUT THE FISCAL YEAR 2024-25, ALLTHRIVE365 REMAINED STEADFAST IN ITS MISSION, MAKING SIGNIFICANT STRIDES IN ENSURING THE SAFETY, HEALTH, AND WELL-BEING OF ARIZONANS OF ALL AGES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,283,072
Program Service Revenue $65,708
Investment Income $499,673
Other Revenue $0
TOTAL REVENUE $4,848,453

Expense Breakdown

Grants Paid $4,274,076
Salaries & Benefits $790,530
Fundraising Expenses $1,021,560
Program Expenses $4,274,076
Other Expenses $1,427,638
TOTAL EXPENSES $6,492,244

Year-over-Year Comparison

2024 2023 Change
Revenue $4,848,453 $2,168,507 +1.2%
Expenses $6,492,244 $4,102,633 +0.6%
Net Income $-1,643,791 $-1,934,126 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
18

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
7
$464,665
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED FISCHER CHAIR 1.00
Officer Director
$0 $0 $0
CAMERON OMOTO VICE CHAIR 1.00
Officer Director
$0 $0 $0
ROBERT ZIMMERMAN SECRETARY 1.00
Officer Director
$0 $0 $0
RHONDA JONES TREASURER (THROUGH DEC 2024) 1.00
Officer Director
$0 $0 $0
ANDREW CROPPER TREASURER 1.00
Officer Director
$0 $0 $0
ALEXUS ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
GILBERT ARVIZU DIRECTOR 1.00
Director
$0 $0 $0
JULIA BROOKS DIRECTOR 1.00
Director
$0 $0 $0
ERIC CHAMBERS DIRECTOR 1.00
Director
$0 $0 $0
SCOTT CHAMOFF DIRECTOR 1.00
Director
$0 $0 $0
NORMAN GORDON DIRECTOR 1.00
Director
$0 $0 $0
DEBBIE GROSS DIRECTOR 1.00
Director
$0 $0 $0
DAVID GRYP DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE HARLAND DIRECTOR 1.00
Director
$0 $0 $0
SR EDITH HART DIRECTOR 1.00
Director
$0 $0 $0
ROBERT OLSEN DIRECTOR 1.00
Director
$0 $0 $0
PAULA OSTERDAY DIRECTOR 1.00
Director
$0 $0 $0
DEBRA PREACH DIRECTOR 1.00
Director
$0 $0 $0
BOB ROTH DIRECTOR 1.00
Director
$0 $0 $0
TAMARA BOHANNON CEO & PRESIDENT 1.00
Officer
$0 $18,034 $248,447
DAVID PADDISON CFO 1.00
Officer
$0 $27,880 $216,218
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 $4,848,453 $6,492,244 $42,817,421 $-1,643,791
2024 $2,168,507 $4,102,633 $39,432,531 $-1,934,126
2023 $6,062,313 $3,393,647 $45,417,565 $2,668,666
2022 $5,820,680 $3,629,398 $41,164,409 $2,191,282
2021 $2,913,741 $2,545,764 $40,133,135 $367,977
2020 $4,808,330 $2,578,477 $38,277,705 $2,229,853
2019 $4,007,457 $2,527,102 $37,303,055 $1,480,355
2018 $3,577,721 $3,091,293 $35,232,604 $486,428
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