Abundant Life Adult Day Health Nonprofit Corp (EIN 921670198) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

Herlanius Tate

Phone

5042402900

Tax Period

2024-01-01 to 2024-12-31

Abundant Life Adult Day Health Nonprofit Corp, founded in 2010, is a small nonprofit in the Human Services sector that reported $511K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

The mission of Adult Life Adult Day Health Care Center is to provide individualized care to the participants enrolled in services to maintain or enhance the quality of their lives. Adult Life Adult Day Health Care Center is dedicated to improving the quality of life providing a c

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,771

Program Service Revenue $485,169

Investment Income $0

Other Revenue $0

TOTAL REVENUE $510,940

Expense Breakdown

Grants Paid $0

Salaries & Benefits $194,528

Fundraising Expenses $2,103

Program Expenses $331,903

Other Expenses $338,828

TOTAL EXPENSES $533,356

Year-over-Year Comparison

	2024	2023	Change
Revenue	$510,940	$640,073	-0.2%
Expenses	$533,356	$640,073	-0.2%
Net Income	$-22,416	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

$36,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Herlanius Tate	Chief Executive Officer	Officer	$36,800	$0	$36,800
Keisha Wright	Board Member	Director	$0	$0	$0
Tiffany Crawford	Board Member	Director	$0	$0	$0

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
2024	$510,940	$533,356	$50,088	$-22,416
2023	$640,073	$640,073	No data	No data

Abundant Life Adult Day Health Nonprofit Corp