Foundation for Senior Living

Nonprofit profile at a glance

EIN
860298945
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Phoenix, AZ, USA
Phone
6022851800
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard

Official website

Reported finances

Revenue
$4,848,453
Expenses
$6,492,244
Assets
$42,817,421
Liabilities
$29,580,615

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • TAMARA BOHANNON (CEO & PRESIDENT)

Highest reported compensation

  • TAMARA BOHANNON (CEO & PRESIDENT): $248,447 total reported compensation
  • DAVID PADDISON (CFO): $216,218 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our holistic approach prepares and embraces individuals to age independently, safely and with peace of mind.

What it reported doing in 2024

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. (continued on 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.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 71
  • Accountability: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.4%; rating input score 89
  • Program expense ratio: 65.8%; rating input score 66
  • Fundraising efficiency: $4.19 raised per $1 spent on fundraising; rating input score 13; 13th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 10th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.2%; rating input score 99; 38th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -33.9%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 6.6; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.69; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0.7%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: 2.9% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings

Details

  • Where the money goes: 89.4% of revenue deployed · 65.8% of spending went to programs
  • Governance: 18 of 18 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.3M in reported program spending
  • Leadership: top reported pay $248K · 21 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $863K reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 64 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 13/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.