ALDERSLY (EIN 941156461) - 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

1921

Legal Domicile

Principal Officer

SHANNON BROWN

Phone

4154537425

Tax Period

2023-10-01 to 2024-09-30

ALDERSLY, founded in 1921, is a mid-sized nonprofit in the Human Services sector that reported $11.1M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $12.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVISION OF HOUSING AND NURSING SERVICES TO SENIOR CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,098,758

Program Service Revenue $8,125,258

Investment Income $1,899,146

Other Revenue $-6,848

TOTAL REVENUE $11,116,314

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,101,047

Fundraising Expenses $254,484

Program Expenses $9,836,932

Other Expenses $7,262,182

TOTAL EXPENSES $12,363,229

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,116,314	$12,731,299	-0.1%
Expenses	$12,363,229	$10,974,557	+0.1%
Net Income	$-1,246,915	$1,756,742	-1.7%

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

101

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

$262,105

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNON BROWN	EXECUTIVE DIRECTOR	40.00	Officer	$227,208	$34,897	$262,105
MELANIE FENN	HEALTH & WELLNESS DIRECTOR	40.00	Highest	$135,586	$11,284	$146,870
FRANK FERRONI	DIRECTOR OF PLANT OPERATIONS	40.00	Highest	$110,468	$11,790	$122,258
SOURABH SINGH	RESIDENT CARE MANAGER	40.00	Highest	$114,022	$4,541	$118,563
JOSHUA SEIBERT	DIRECTOR OF FOOD SERVICES	40.00	Highest	$110,841	$4,258	$115,099
PETER SCHAKOW	PRESIDENT	10.00	Officer Director	$0	$0	$0
PAUL CASTRO	SENIOR VP	10.00	Officer Director	$0	$0	$0
PER CAROE	VP	8.00	Officer Director	$0	$0	$0
SUSAN PETERSEN	TREASURER	8.00	Officer Director	$0	$0	$0
RUTH ANN VOSMEK	SECRETARY	8.00	Officer Director	$0	$0	$0
MARK DAVIS	DIRECTOR	8.00	Director	$0	$0	$0
MICHAEL B HANSEN	DIRECTOR	8.00	Director	$0	$0	$0
BIRGIT JACOBSON	DIRECTOR	8.00	Director	$0	$0	$0
NIELSEN KVAAVIK	DIRECTOR	8.00	Director	$0	$0	$0
JEPPE LARSEN	DIRECTOR	8.00	Director	$0	$0	$0
ED LEWIS	DIRECTOR	8.00	Director	$0	$0	$0
ROBERT WILHELM	DIRECTOR (THROUGH JULY 24)	8.00	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	$11,116,314	$12,363,229	$113,293,437	$-1,246,915
2023	$12,731,299	$10,974,557	$106,254,004	$1,756,742
2022	$17,581,570	$9,732,466	$43,324,427	$7,849,104
2021	$11,862,143	$10,191,944	$40,109,136	$1,670,199
2020	$11,029,511	$11,061,185	$38,205,152	$-31,674
2019	$9,946,984	$10,172,258	$36,361,569	$-225,274
2018	$9,933,486	$9,471,628	$36,070,429	$461,858

ALDERSLY