FSL MANAGEMENT

EIN: 860462786 501(c)(3) Housing & Shelter

PHOENIX, AZ

Total Revenue
$4,102,631
Total Expenses
$4,713,209
Total Assets
$2,470,745
Net Assets
$-3,410,784
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
AZ
Principal Officer
TAMARA BOHANNON
Phone
6022851800
Tax Period
2024-07-01 to 2025-06-30

FSL MANAGEMENT, founded in 1982, is a community nonprofit in the Housing & Shelter sector that reported $4.1M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $4.7M exceeded revenue, resulting in a 15% 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: $4,350,355 Revenue: $4,076,357

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.WE WERE OVERWHELMED WITH SUPPORT FROM OUR COMMUNITY PARTNERS, INCLUDING THE ROMAN CATHOLIC DIOCESE OF PHOENIX, AREA AGENCY ON AGING, MARICOPA COUNTY, VIRGINIA G. PIPER CHARITABLE TRUST, ARIZONA PUBLIC SERVICE, THE DIANE AND BRUCE HALLE FOUNDATION, WELLIK FOUNDATION, AND BANNER HEALTH FOUNDATION. WE CONTINUED TO ENGAGE OUR CUSTOMERS IN A FEEDBACK LOOP CALLED LISTEN FOR GOOD AND MAINTAINED A HIGH NET PROMOTOR SCORE OF 72+. WE USED THIS VALUABLE TOOL TO SURVEY EMPLOYEES, RECEIVING VALUABLE FEEDBACK FROM OUR TEAM THROUGHOUT THE ORGANIZATION. WE MAINTAINED AN OPERATING BUDGET OF $46M FOR THE YEAR. OUR RESOURCE NAVIGATION AND COMMUNITY ACTION TEAMS PROVIDED AN OVERWHELMING AMOUNT OF RENTAL, MORTGAGE, AND UTILITY ASSISTANCE TO HELP PEOPLE REMAIN IN THEIR HOMES. IN OCTOBER OF 2024, ALLTHRIVE365 HOSTED ITS 50TH ANNIVERSARY CELEBRATION, HONORING 50 CHANGEMAKERS OVER THE AGE OF 50. ADDITIONALLY, WE LAUNCHED OUR REBRAND PUBLICLY ON APRIL 21, 2025 WHICH WAS RECEIVED WITH OVERWHELMING POSITIVITY AND SUPPORT BY THE COMMUNITY. FINALLY, WE REMAINED IN THE 5TH POSITION ON THE PHOENIX BUSINESS JOURNAL'S HEALTHCARE BOOK OF LISTS.

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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 $26,274
Program Service Revenue $4,076,357
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,102,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,222,327
Fundraising Expenses $70,309
Program Expenses $4,350,355
Other Expenses $1,490,882
TOTAL EXPENSES $4,713,209

Year-over-Year Comparison

2024 2023 Change
Revenue $4,102,631 $3,586,009 +0.1%
Expenses $4,713,209 $4,412,270 +0.1%
Net Income $-610,578 $-826,261 -0.3%
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
4
Independent Members
N/A
Employees
61
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
4
$834,085
Total Directors
4
$834,085
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMARA BOHANNON CEO & PRESIDENT 40.00
Officer Director
$230,413 $18,034 $248,447
STEVE HASTINGS CHIEF OF REAL ESTATE AND SECRETARY 0.25
Officer Director
$0 $8,227 $205,224
DAVID PADDISON CFO & TREASURER 40.00
Officer Director
$188,338 $27,880 $216,218
CHARNISE MOORE CPO & VICE PRESIDENT 40.00
Officer Director
$164,196 $0 $164,196
MATTHEW BRITTS DIRECTOR OF HUMAN RESOURCES 40.00
Highest
$119,782 $16,121 $135,903
BLANCA RUIZ ASSISTANT DIRECTOR OF AUDITS, GRANTS AND FUND ACCT 40.00
Highest
$108,280 $14,297 $122,577
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 $4,102,631 $4,713,209 $2,470,745 $-610,578
2024 No data No data No data No data
2023 $3,847,744 $4,212,290 $1,714,508 $-364,546
2022 $4,340,503 $4,207,395 $1,173,302 $133,108
2021 $3,581,134 $3,454,837 $1,067,860 $126,297
2020 $3,296,311 $3,508,220 $760,460 $-211,909
2019 $3,146,406 $3,083,823 $430,997 $62,583
2018 $3,099,165 $2,962,322 $733,511 $136,843
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