Waterbury Area Senior Citizens Association (EIN 030342923) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

Maureen White

Phone

8022441234

Tax Period

2023-10-01 to 2024-09-30

Waterbury Area Senior Citizens Association, founded in 1993, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2023.

Mission

The purpose of the Waterbury Area Senior Citizens Association is to enrich the lives of older persons by providing services and activities that sharpen the minds and improve the physical and emotional health of its members and help keep them active and involved in the life of the community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $89,180

Program Service Revenue $104,825

Investment Income $2,719

Other Revenue $31,621

TOTAL REVENUE $228,345

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,166

Fundraising Expenses $1,488

Program Expenses $174,230

Other Expenses $129,251

TOTAL EXPENSES $225,417

Year-over-Year Comparison

	2023	2022	Change
Revenue	$228,345	$231,114	0.0%
Expenses	$225,417	$208,516	+0.1%
Net Income	$2,928	$22,598	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Justin Blackman	Chair	1.00	Officer Director	$0	$0	$0
Ron Gulyas	Vice Chair	1.00	Officer Director	$0	$0	$0
Maureen White	Treasurer	1.00	Officer Director	$0	$0	$0
Barbara Barra	Secretary	1.00	Officer Director	$0	$0	$0
Lindsey Bolger	Board Member	1.00	Director	$0	$0	$0
Gale Badeau	Board Member	1.00	Director	$0	$0	$0
Terri Higley	Board Member	0.00	Director	$0	$0	$0
Robert Seymour	Board Member	0.00	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	$228,345	$225,417	$105,381	$2,928
2023	$231,114	$208,516	$107,162	$22,598
2023	$231,114	$208,517	$107,162	$22,597
2022	$195,673	$194,775	$97,459	$898
2021	$313,628	$237,463	$109,390	$76,165
2020	$254,187	$240,498	$44,512	$13,689
2019	$212,032	$226,416	$38,014	$-14,384
2018	$256,243	$255,579	$42,970	$664

Waterbury Area Senior Citizens Association