Alternative Living Inc
- Assets
- $925.1k
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 94
- Location
- Fort Walton Beach, FL
- Founding
- 07/1988
- Data as of
- 12/2023
- EIN
- 59-2749572
Organization Overview
Alternative Living Inc is located in Fort Walton Beach, FL. The organization was established in 1988. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2023, Alternative Living Inc employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alternative Living Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Alternative Living Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. While expenses have increased by 3.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CONGREGATE LIVING FACILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN/OPERATE CONGREGATE LIVING FACILITES FOR ELDERLY. PROVIDE MEALS AND OTHER SERVICES TO RESIDENTS AND PROVIDE ON-SITE MEALS TO NON-RESIDENT ELDERLY CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Muntzner President | OfficerTrustee | 1 | $0 |
Mary Blackell Vice -President | OfficerTrustee | 1 | $0 |
Debra Riley-Broadnax Secretary/treasurer | OfficerTrustee | 1 | $0 |
Barry Gray Director | Trustee | 1 | $0 |
Jacqueline Spencer Director | Trustee | 1 | $0 |
Kathy Dillon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $86,659 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,129 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,788 |
| Total Program Service Revenue | $2,238,335 |
| Investment income | $42,227 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $600 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,037,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,429,925 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $71,776 |
| Payroll taxes | $110,133 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $62,256 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $146,701 |
| Travel | $6,183 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,784 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,779 |
| Insurance | $0 |
| All other expenses | $436,563 |
| Total functional expenses | $2,918,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,043 |
| Savings and temporary cash investments | $420,003 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,521 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $427,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,155 |
| Total assets | $925,063 |
| Accounts payable and accrued expenses | $101,139 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $329,635 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $149,324 |
| Total liabilities | $580,098 |
| Net assets without donor restrictions | $344,965 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $925,063 |