SPARTA, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDEPENDENT LIVING REALITIES INC, founded in 2022, is a micro nonprofit in the Housing & Shelter sector that reported $75K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 25% operating margin.
INDEPENDENT LIVING REALITIES INC.S MISSION IS TO CREATE A COMMUNITY-BASED DAYTIME LOCATION AND/OR RESIDENCE TO GIVE THE ABILITY TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES WHO HAVE THE DREAM OF LIVING INDEPENDENTLY TO MAKE IT A REALITY. INDEPENDENT LIVING REALITIES INC.S RESIDENCE WILL NOT ONLY PROVIDE A HOME FOR INDEPENDENT LIVING BUT WILL STRENGTHEN AND EMPOWER THESE INDIVIDUALS TO ALLOW THEM PERSONAL FULFILLMENT AND THE ABILITY TO CONTRIBUTE TO THE COMMUNITY. WE BELIEVE THAT EVERY ADULT CAN LIVE A HAPPIER, PRODUCTIVE, AND MORE INDEPENDENT LIFE. WE PRIDE OURSELVES ON BEING A PREMIUM PROVIDER OF SUPPORT TO INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. WE WORK WITH ADULTS TO HELP THEM MAKE STRIDES IN THEIR LIFE WHETHER IT IS IN SELF-HELP OR COMMUNITY ACTIVITIES. OUR MOTTO IS WE NEVER SAY DONE, WE ONLY ASK WHATS NEXT, AS WE BELIEVE GROWTH AND LEARNING SHOULD NEVER STOP. INDEPENDENT LIVING REALITIES INC.S ACTIVITIES ARE FUNDED BY DONATIONS, FUNDRAISING
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $74,729 | $45,977 | +0.6% |
| Expenses | $55,809 | $39,777 | +0.4% |
| Net Income | $18,920 | $6,200 | +2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STEPHEN CODIGNOTTO | EXECUTIVE DI | 5.00 |
Director
|
$0 | $0 | $0 |
| JOEL SANCHEZ | PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| CLIFFORD CARPENTER | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| PAVEL ALVAREZ | TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $74,729 | $55,809 | $614,554 | $18,920 |
Compare INDEPENDENT LIVING REALITIES INC with other nonprofits in New Jersey and across the country.