FSL REAL ESTATE SERVICES

EIN: 861006866 501(c)(3)

PHOENIX, AZ

Total Revenue
$2,279,148
Total Expenses
$2,855,361
Total Assets
$37,235,121
Net Assets
$9,431,377
🔒

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

Sign In — Free (10 views/day)

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

FSL REAL ESTATE SERVICES, founded in 1974, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $2.9M exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE HOME AND COMMUNITY-BASED SERVICES AND DEVELOP ENERGY-EFFICIENT, AFFORDABLE HOUSING TO PROMOTE HEALTH, INDEPENDENCE AND DIGNITY FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $1,043,467 Revenue: $935,907

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...

Read more

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. (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.FSL REAL ESTATE SERVICES (RES) DBA ALLTHRIVE365 RES MANAGES A PORTFOLIO OF AFFORDABLE AND SUBSIDIZED HOUSING THAT INCORPORATES GREEN BUILDING TECHNOLOGY AND, IN MANY CASES, PV SOLAR ELECTRICAL POWER, AND DEVELOPS NEW AFFORDABLE HOUSING FOR LOW-INCOME SENIORS, ADULTS WITH DISABILITIES, AND LOW TO MODERATE INCOME FAMILIES. DEVELOPMENTS UTILIZE SEVERAL FUNDING SOURCES INCLUDING LOW INCOME HOUSING TAX CREDITS, STATE OF ARIZONA HOUSING TRUST FUNDS, HOME INVESTMENT PARTNERSHIP FUNDS, LISC, ARIZONA COMMUNITY FOUNDATION, AMERICAN , RURAL DEVELOPMENT FUNDS, SAN FRANCISCO AND CHICAGO FEDERAL HOME LOAN BANKS AFFORDABLE HOUSING PROGRAM GRANTS, CONSTRUCTION LENDING, AMERICAN RESCUE PLAN ACT (ARPA) FUNDS, TAXABLE BONDS, AND PERMANENT COMMERCIAL DEBT. ONE ISSUE THAT MANY SENIORS EXPERIENCE IS DEPRESSION, OFTEN WITH SEVERE CONSEQUENCES. THIS DEPRESSION IS FREQUENTLY CAUSED BY SECLUSION, MOBILITY ISSUES OR LACK OF A SUPPORTIVE SOCIAL NETWORK. IN AN EFFORT TO ENSURE NOT ONLY THE SAFETY AND WELLBEING OF ITS RESIDENTS, ALLTHRIVE365 ALSO FOSTERS THEIR ANCILLARY NEEDS AND WELLBEING. AS PART OF THIS, ALLTHRIVE365 PROVIDES ACCESSIBLE VANS AT THE RESIDENTIAL PROPERTIES TO KEEP THE RESIDENTS ACTIVE, SOCIAL AND ENGAGED. FREQUENT SHOPPING TRIPS TO APPOINTMENTS AND STORES WHERE RESIDENTS RECEIVE SENIOR DISCOUNTS ESTABLISH THE RESIDENTS AS AN INTEGRAL PART OF THEIR RESPECTIVE COMMUNITIES. OTHER SOCIAL FACTORS THAT ALLTHRIVE365 SUPPORTS IN ITS PROPERTIES INCLUDE LARGE BOOK-LINED COMMUNITY ROOMS FOR RESIDENTS TO GATHER AND CONGREGATE AND ACTIVITY COORDINATORS TO HELP PLAN TRIPS AND ACTIVITIES. ON-SITE FOOD PANTRIES ALSO PROMOTE GOOD NUTRITION, HEALTHY HABITS AND ENSURE THAT VERY LOW-INCOME RESIDENTS NEVER GO HUNGRY. IN ADDITION, ALLTHRIVE365 PAYS THE RESIDENTS' UTILITIES TO PROMOTE BASIC SAFETY AND EASE OF BUDGETING, AS WELL AS TO ELIMINATE UNCERTAINTY. THE COMBINATION OF THESE SERVICES BUILDS SOCIAL COMMUNITIES WITH HAPPY, ACTIVE SENIORS. FIVE COMMUNITIES, LOCATED IN HOLBROOK, MAYER, PHOENIX, AND PRESCOTT, PROVIDE 102 AFFORDABLE HOMES. IN FISCAL YEAR 2024-25, 36,561 NIGHTS OF SAFE, AFFORDABLE HOUSING WERE PROVIDED TO 228 ARIZONANS, INCLUDING SENIORS, ADULTS WITH DISABILITIES, AND FAMILIES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,335,247
Program Service Revenue $957,839
Investment Income $-13,938
Other Revenue $0
TOTAL REVENUE $2,279,148

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,491,339
Fundraising Expenses $0
Program Expenses $1,043,467
Other Expenses $1,364,022
TOTAL EXPENSES $2,855,361

Year-over-Year Comparison

2024 2023 Change
Revenue $2,279,148 $1,344,418 +0.7%
Expenses $2,855,361 $2,676,017 +0.1%
Net Income $-576,213 $-1,331,599 -0.6%
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

Sign In

Governance

Voting Members
5
Independent Members
N/A
Employees
19
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
5
$926,892
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMARA BOHANNON CEO & BOARD PRESIDENT 1.00
Officer Director
$0 $18,034 $248,447
STEVE HASTINGS CHIEF OF REAL ESTATE & BOARD SECRETARY 40.00
Officer Director
$196,997 $8,227 $205,224
CHARNISE MOORE CPO & VICE PRESIDENT 1.00
Officer Director
$0 $0 $164,196
DAVID PADDISON CFO & TREASURER 1.00
Officer Director
$0 $27,880 $216,218
ELENA BURR BOARD MEMBER 1.00
Director
$0 $11,644 $92,807
JOHN BARRACLOUGH DIRECTOR, PORTFOLIO 40.00
Highest
$114,489 $17,990 $132,479
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 $2,279,148 $2,855,361 $37,235,121 $-576,213
2024 No data No data No data No data
2023 $1,307,406 $2,600,387 $24,281,438 $-1,292,981
2022 $1,439,632 $2,602,099 $25,011,883 $-1,162,467
2021 $3,669,904 $2,543,280 $24,737,393 $1,126,624
2020 $2,954,630 $2,167,382 $25,233,797 $787,248
2019 $2,506,992 $2,272,173 $21,178,882 $234,819
2018 $1,783,328 $2,303,451 $15,755,259 $-520,123
Explore More Nonprofits
Top 100 Nonprofits in Arizona Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FSL REAL ESTATE SERVICES with other nonprofits in Arizona and across the country.