FRIENDS OF THE RETIRED AND SENIOR VOLUNTEER PROGRAM OF SUFFOLKINC (EIN 113493688) - Form 990 Financial Analysis & Trantor Score

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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

1972

Legal Domicile

Principal Officer

MARYFLORENCE BRENNAN

Phone

6319799490

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE RETIRED AND SENIOR VOLUNTEER PROGRAM OF SUFFOLKINC, founded in 1972, is a small nonprofit in the Human Services sector that reported $436K in total revenue in fiscal year 2023.

Mission

PROVIDE DIVERSE VOLUNTEER OPPORTUNITIES FOR PEOPLE OVER 55 YEARS OF AGE OR OLDER WHO WISH TO REMAIN ACTIVE AND MAKING A DIFFERENCE IN THEIR COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $436,173

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $436,186

Expense Breakdown

Grants Paid $0

Salaries & Benefits $308,327

Fundraising Expenses $30,632

Program Expenses $341,038

Other Expenses $131,622

TOTAL EXPENSES $439,949

Year-over-Year Comparison

	2023	2022	Change
Revenue	$436,186	$408,255	+0.1%
Expenses	$439,949	$408,762	+0.1%
Net Income	$-3,763	$-507	+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

Governance

Voting Members

Independent Members

Employees

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

$66,451

Total Directors

$66,451

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT ROSEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
KATHLEEN CORCORAN	TREASURER	1.00	Officer Director	$0	$0	$0
REV DR BERESFORD ADAMS	HONORARY DIRECTOR	5.00	Director	$0	$0	$0
ELIZABETH LAMBERT GULLO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
VICTORIA HUGHS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE MORELEY	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN DRISCOLL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SCHIACCHITANO	DIRECTOR	1.00	Director	$0	$0	$0
DENISE SNOW	DIRECTOR	1.00	Director	$0	$0	$0
MARYFLORENCE BRENNAN	EXECUTIVE DIRECTOR	35.00	Officer Director	$0	$0	$66,451

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	No data	No data	No data	No data
2023	$436,186	$439,949	$167,107	$-3,763
2022	$408,255	$408,762	$171,186	$-507
2021	$438,943	$373,409	$154,679	$65,534
2020	$310,216	$355,029	$147,611	$-44,813
2019	$402,218	$403,902	$138,752	$-1,684
2018	$409,300	$417,085	$160,802	$-7,785

FRIENDS OF THE RETIRED AND SENIOR VOLUNTEER PROGRAM OF SUFFOLKINC