Fsl Management

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.we were overwhelmed with support from our community partners, including the roman catholic diocese of phoenix, area agency on aging, maricopa county, Virginia g. Piper charitable trust, Arizona public service, the diane and bruce halle foundation, wellik foundation, and banner health foundation. We continued to engage our customers in a feedback loop called listen for good and maintained a high net promotor score of 72+. We used this valuable tool to survey employees, receiving valuable feedback from our team throughout the organization. We maintained an operating budget of $46m for the year. Our resource navigation and community action teams provided an overwhelming amount of rental, mortgage, and utility assistance to help people remain in their homes. In october of 2024, allthrive365 hosted its 50th anniversary celebration, honoring 50 changemakers over the age of 50. Additionally, we launched our rebrand publicly on april 21, 2025 which was received with overwhelming positivity and support by the community. Finally, we remained in the 5th position on the phoenix business journal's healthcare book of lists.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 92.3%; rating input score 92
• Fundraising efficiency: $0.37 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -14.9%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 0.52; rating input score 18; 18th percentile among comparable filings
• Liabilities to assets ratio: 2.38; rating input score 1; 1st percentile among comparable filings
• Officer compensation ratio: 19%; rating input score 13; 13th percentile among comparable filings

Growth

• Program expense growth: 4% per year; rating input score 100; 33rd percentile among comparable filings
• Revenue growth: 2.8% per year; rating input score 100; 26th percentile among comparable filings
• Asset growth: -0% per year; rating input score 0; 12th percentile among comparable filings