FOUNDATION FOR SENIOR LIVING (EIN 860298945) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$464,665

Total Directors

Key Employees

Highest Compensated

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

FOUNDATION FOR SENIOR LIVING