FRIENDS OF AGAWAM SENIOR CENTER INC

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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

1985

Principal Officer

DANNY STALLONE

Phone

4138210605

Tax Period

2021-06-01 to 2022-05-31

FRIENDS OF AGAWAM SENIOR CENTER INC, founded in 1985, is a micro nonprofit in the Housing & Shelter sector that reported $1K in total revenue in fiscal year 2021. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $1K left a modest 4% surplus.

Mission

TO PROVIDE ACTIVITIES TO LOCAL SENIOR CITIZENS.

Program Service Accomplishments

Program 1

TO PROVIDE FINANCIAL SUPPORT AND SERVICES TO THE TOWN OF AGAWAM, MA SENIOR CENTER, WHICH ARE NOT PROVIDED BY THE MUNICIPAL BUDGET OF THE CITY.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $1,547

Program Service Revenue $220

Investment Income $697

Other Revenue $-994

TOTAL REVENUE $1,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $329

Other Expenses $1,405

TOTAL EXPENSES $1,405

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,470	$2,359	-0.4%
Expenses	$1,405	$3,988	-0.6%
Net Income	$65	$-1,629	-1.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

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
WILLIAM BEAUDRY	TREASURER	N/A	Officer Director	$0	$0	$0
THERESA CHARKIEWICZ	DIRECTOR	N/A	Director	$0	$0	$0
EDWARD EKMALIAN	DIRECTOR	N/A	Director	$0	$0	$0
JANIS GRIMALDI	DIRECTOR	N/A	Director	$0	$0	$0
DIANA HENDERSON	DIRECTOR	N/A	Director	$0	$0	$0
BOB KADIS	DIRECTOR	N/A	Director	$0	$0	$0
LORIE A MARSH	SECRETARY	N/A	Officer Director	$0	$0	$0
REIDAR NORDAL	DIRECTOR	N/A	Director	$0	$0	$0
GERALDINE SCHILLING-NORDAL	DIRECTOR	N/A	Director	$0	$0	$0
ERNEST SPANILO	DIRECTOR	N/A	Director	$0	$0	$0
AL FENNY SR	DIRECTOR	N/A	Director	$0	$0	$0
DANNY STALLONE	PRESIDENT	N/A	Officer Director	$0	$0	$0
DIANE R STALLONE	VICE PRESIDE	N/A	Officer 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
2022	$1,470	$1,405	$141,717	$65
2021	$2,359	$3,988	$141,723	$-1,629
2020	$-2,055	$33,714	$144,719	$-35,769
2019	$12,833	$11,963	$182,602	$870