COHOES MULTI-SERVICE SENIOR CITIZENS CENTER INC (EIN 141499330) - 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

1978

Legal Domicile

Principal Officer

GARY MARCH

Phone

5182352420

Tax Period

2023-01-01 to 2023-12-31

COHOES MULTI-SERVICE SENIOR CITIZENS CENTER INC, founded in 1978, is a small nonprofit that reported $439K in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $404K left a modest 8% surplus.

Mission

PROVIDE EFFECTIVE PROGRAMS AND SUPPORTS TO HELP OUR OLDER NEIGHBORS AND FRIENDS STAY CONNECTED TO OUR 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 $67,585

Program Service Revenue $350,667

Investment Income $0

Other Revenue $20,255

TOTAL REVENUE $438,507

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,098

Program Expenses $336,717

Other Expenses $404,281

TOTAL EXPENSES $404,281

Year-over-Year Comparison

	2023	2022	Change
Revenue	$438,507	$341,973	+0.3%
Expenses	$404,281	$382,073	+0.1%
Net Income	$34,226	$-40,100	-1.9%

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

$184,571

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALANA SPARROW	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM HINRICHS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PJ HOSNER JR	TREASURER	1.00	Officer Director	$0	$0	$0
MARY BITEL	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA MCCONKEY	CO-INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$69,401
MARIA JONES	CO-INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$60,990
HOLLY CARGILL-CRAMER	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$54,180

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	$438,507	$404,281	No data	$34,226
2022	$341,973	$382,073	$112,451	$-40,100
2021	$287,532	$267,084	$110,931	$20,448
2020	$168,455	$164,841	$67,032	$3,614
2019	$384,970	$376,215	$93,712	$8,755
2018	$403,740	$399,429	$137,407	$4,311

COHOES MULTI-SERVICE SENIOR CITIZENS CENTER INC