SOCIAL SECURITY SERVICES OF ARIZONA

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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

2009

Legal Domicile

Principal Officer

Philip J Dovico

Phone

6234144425

Tax Period

2024-01-01 to 2024-12-31

SOCIAL SECURITY SERVICES OF ARIZONA, founded in 2009, is a small nonprofit in the Human Services sector that reported $327K in total revenue in fiscal year 2024. Expenses of $315K left a modest 3% surplus.

Mission

Provide Representative Payee services to those members of society that are in need of financial guidance and can not manage their own finances

Program Service Accomplishments

Program 1

Organization is Social Security Adminstrations representative payee for approximatrely 450 individuals who can not manage their own finances. Most of these individuals are indigent. Many of them have...

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $326,865

Investment Income $0

Other Revenue $1

TOTAL REVENUE $326,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $250,874

Fundraising Expenses $0

Other Expenses $64,578

TOTAL EXPENSES $315,452

Year-over-Year Comparison

	2024	2023	Change
Revenue	$326,866	$326,866	N/A
Expenses	$315,452	$305,994	+0.0%
Net Income	$11,414	$20,872	-0.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Philip J Dovico	PRESIDENT	40.00	Officer Key Emp	$0	$0	$0
Carmine Dovico	SECRETARY	70.00	Officer	$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
2024	$326,866	$315,452	$143,841	$11,414
2023	$295,775	$281,141	$146,163	$14,634
2022	$284,884	$271,735	$146,246	$13,149
2021	$266,428	$259,809	$142,503	$6,619