FRIENDS OF CHICOPEE SENIOR CITIZENSINC

EIN: 042745060 501(c)(3) Human Services

CHICOPEE, MA

Total Revenue
$77,861
Total Expenses
$62,693
Total Assets
$54,230
Net Assets
$54,230
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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
1981
Legal Domicile
MA
Principal Officer
STEPHEN MICHALIK
Phone
4135343698
Tax Period
2020-07-01 to 2021-06-30

FRIENDS OF CHICOPEE SENIOR CITIZENSINC, founded in 1981, is a micro nonprofit in the Human Services sector that reported $78K in total revenue in fiscal year 2020. Revenue fell 71% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 19% operating margin.

Mission

TO PROVIDE ASSISTANCE TO THE LOCAL ELDERLY COMMUNITY

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $33,635
Program Service Revenue $6,541
Investment Income $55
Other Revenue $37,630
TOTAL REVENUE $77,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,839
Program Expenses $56,145
Other Expenses $62,693
TOTAL EXPENSES $62,693

Year-over-Year Comparison

2020 2019 Change
Revenue $77,861 $270,563 -0.7%
Expenses $62,693 $292,372 -0.8%
Net Income $15,168 $-21,809 -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

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Governance

Voting Members
100
Independent Members
100
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT KUPIEC TREASURER 2.00
Director
$0 $0 $0
STEPHEN MICHALIK PRESIDENT 2.00
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
2021 $77,861 $62,693 $54,230 $15,168
2020 $270,563 $292,372 $39,062 $-21,809
2019 $207,585 $72,101 $508,018 $135,484
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