PRINCETON SENIOR RESOURCE CENTER D… - Form 990 Financial Data

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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

DREW DYSON

Phone

6097519699

Tax Period

2024-07-01 to 2025-06-30

PRINCETON SENIOR RESOURCE CENTER DBA CENTER FOR MODERN AGING PRINCETON, founded in 1978, is a community nonprofit in the Human Services sector that reported $6.2M in total revenue in fiscal year 2024. Revenue surged 321% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.2M, a strong 68% operating margin.

Mission

PSRC IS THE GO-TO RESOURCE WHERE AGING ADULTS AND THEIR FAMILIES FIND SUPPORT, GUIDANCE, EDUCATIONAL AND SOCIAL PROGRAMS TO HELP NAVIGATE LIFE TRANSITIONS AND CONTINUE TO BE ACTIVE, HEALTY AND ENGAGED IN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $764,932 Revenue: $205,730

SENIOR PROGRAMS-FITNESS, EDUCATION AND ENRICHMENT CLASSES, EVERGREEN FORUM LIFELONG LEARNING, RETIREMENT PROGRAMS: ENGAGED RETIREMENT AND ENCORE CAREERS, INFORMATION SEMINARS, PROGRAMS PROMOTING...

SENIOR PROGRAMS-FITNESS, EDUCATION AND ENRICHMENT CLASSES, EVERGREEN FORUM LIFELONG LEARNING, RETIREMENT PROGRAMS: ENGAGED RETIREMENT AND ENCORE CAREERS, INFORMATION SEMINARS, PROGRAMS PROMOTING WELLNESS, VOLUNTEER OPPORTUNITIES, GRANDPALS, AND RECREATIONAL AND SOCIAL EVENTS

Program 2

Expenses: $436,436 Revenue: $262,302

SOCIAL SERVICES-INFORMATION AND REFERRAL, MAINTAINING RESOURCE DIRECTORIES, ASSISTANCE WITH BENEFIT APPLICATIONS, CASE MANAGEMENT, TRANSITIONS, CONSULTATIONS AND COUNSELING, SUPPORT GROUPS, CAREGIVER...

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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 $5,843,854

Program Service Revenue $205,730

Investment Income $28,841

Other Revenue $74,818

TOTAL REVENUE $6,153,243

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,303,109

Fundraising Expenses $427,079

Program Expenses $1,201,368

Other Expenses $669,041

TOTAL EXPENSES $1,972,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,153,243	$1,461,346	+3.2%
Expenses	$1,972,150	$1,857,657	+0.1%
Net Income	$4,181,093	$-396,311	-11.6%

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

289

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

$177,020

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DREW A DYSON	CHIEF EXECUTIVE OFFICER	40.0	Key Emp	$177,020	$0	$177,020
JOAN GIRGUS	BOARD CHAIR	1.0	Officer Director	$0	$0	$0
LIZ CHARBONNEAU	TRUSTEE	1.0	Director	$0	$0	$0
JOSH LICHTBLAU	BOARD VICE CHAIR	1.0	Officer Director	$0	$0	$0
JOSEPH C MAIDA	TRUSTEE	1.0	Director	$0	$0	$0
KATHY ALES	TRUSTEE	1.0	Director	$0	$0	$0
DONALD BENJAMIN	TRUSTEE	1.0	Director	$0	$0	$0
BARBARA LAWRENCE	TRUSTEE	1.0	Director	$0	$0	$0
ROB BRATMAN	SECRETARY	1.0	Officer Director	$0	$0	$0
BRAD BARTOLINO	TREASURER	2.0	Officer Director	$0	$0	$0
PHIL CARCHMAN	TRUSTEE	1.0	Director	$0	$0	$0
JANE SILVERMAN	TRUSTEE	1.0	Director	$0	$0	$0
DEBORAH BLANKS	TRUSTEE	1.0	Director	$0	$0	$0
ELAINE JACOBY	TRUSTEE	1.0	Director	$0	$0	$0
NORMAN KLATH	TRUSTEE	1.0	Director	$0	$0	$0
BOB LEVITT	TRUSTEE	1.0	Director	$0	$0	$0
LANCE LIVERMAN	BOARD VICE CHAIR	1.0	Officer Director	$0	$0	$0
NANCY BECKER	TRUSTEE	1.0	Director	$0	$0	$0
SURESH CHUGH	TRUSTEE	1.0	Director	$0	$0	$0
MICHAEL KENNY	TRUSTEE	1.0	Director	$0	$0	$0
IONA HARDING	TRUSTEE	1.0	Director	$0	$0	$0
SANDY KURINSKY	TRUSTEE	1.0	Director	$0	$0	$0
HAROLD KUSKIN	TRUSTEE	1.0	Director	$0	$0	$0
DAVID LOEVNER	TRUSTEE	1.0	Director	$0	$0	$0
SONALI PATHIRANA	TRUSTEE	1.0	Director	$0	$0	$0
RHONA PORTER	TRUSTEE	1.0	Director	$0	$0	$0
MICHELE TUCK-PONDER	TRUSTEE	1.0	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
2025	$6,153,243	$1,972,150	$12,629,462	$4,181,093
2024	$1,461,346	$1,857,657	$7,782,050	$-396,311
2023	$1,676,952	$1,656,125	$8,011,853	$20,827
2022	$2,817,777	$1,400,782	$8,471,314	$1,416,995
2021	$2,771,575	$1,212,564	$7,821,469	$1,559,011
2020	$1,306,242	$970,715	$4,018,325	$335,527
2019	$899,777	$780,546	$3,610,919	$119,231

PRINCETON SENIOR RESOURCE CENTER DBA CENTER FOR MODERN AGING PRINCETON