SENIOR CITIZENS LEAGUE OF FLATBUSH INC

EIN: 112347331 501(c)(3)

BROOKLYN, NY

Total Revenue
$1,899,125
Total Expenses
$2,028,612
Total Assets
$196,100
Net Assets
$37,102
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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
1982
Legal Domicile
NY
Principal Officer
LENORE FRIEDMAN
Phone
7184387771
Tax Period
2019-07-01 to 2020-06-30

SENIOR CITIZENS LEAGUE OF FLATBUSH INC, founded in 1982, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2019. Revenue decreased 8% compared to the prior year.

Mission

SENIOR CITIZENS LEAGUE OF FLATBUSH IS A MULTI-PURPOSE SENIOR CITIZENS CENTER. IT IS COMPRISED OF TWO SENIOR CENTERS AND HOMEBOUND MEALS PROGRAM.

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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 (2019)

Revenue Breakdown

Contributions & Grants $1,368,781
Program Service Revenue $530,344
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,899,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $874,314
Fundraising Expenses $0
Program Expenses $1,757,770
Other Expenses $1,154,298
TOTAL EXPENSES $2,028,612

Year-over-Year Comparison

2019 2018 Change
Revenue $1,899,125 $2,056,612 -0.1%
Expenses $2,028,612 $2,032,747 0.0%
Net Income $-129,487 $23,865 -6.4%
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
13
Independent Members
13
Employees
23
Volunteers
37

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
7
$223,303
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LENORE FRIEDMAN EXECUTIVE DIRECTOR 32.50
Officer
$74,654 $11,604 $86,258
DAVID KRELL ASSOCIATE EXECUTIVE DIRECT 40.00
Officer
$58,956 $10,996 $69,952
DIANA PARDILOVA FISCAL OFFICER 40.00
Officer
$49,279 $17,814 $67,093
MURIEL KESTER PRESIDENT 2.00
Director
$0 $0 $0
ROSEMARY MILITELLO VICE PRESIDENT 2.00
Director
$0 $0 $0
OLGA OLIVER SECRETARY 2.00
Officer Director
$0 $0 $0
FORTUNE LEVI TREASURER 2.00
Officer Director
$0 $0 $0
IDA DRUCKER MEMBER 2.00
Officer Director
$0 $0 $0
ANNE GAROFALO MEMBER 2.00
Officer Director
$0 $0 $0
SARA GARBER MEMBER 2.00
Director
$0 $0 $0
LARRY GOLDSTEIN MEMBER 2.00
Director
$0 $0 $0
RENEE LERNER MEMBER 2.00
Director
$0 $0 $0
CAROL RABBACH MEMBER 2.00
Director
$0 $0 $0
PEARL RUBIN MEMBER 2.00
Director
$0 $0 $0
AL FINKELSTEIN MEMBER 2.00
Director
$0 $0 $0
ALLA BEKERMAN MEMBER 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
2020 $1,899,125 $2,028,612 $196,100 $-129,487
2019 $2,056,612 $2,032,747 $229,219 $23,865
2018 $2,034,090 $2,021,478 $330,383 $12,612
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