COLONIE SENIOR SERVICES CENTERS INC (EIN 222366576) - 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

1981

Legal Domicile

Principal Officer

DIANE CONROY-LACIVITA

Phone

5184592857

Tax Period

2024-01-01 to 2024-12-31

COLONIE SENIOR SERVICES CENTERS INC, founded in 1981, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2024. The organization ran a surplus of $656K, a strong 22% operating margin.

Mission

THE MISSION OF COLONIE SENIOR SERVICE CENTERS, INC. (CSSC) IS TO PROVIDE COMPREHENSIVE SERVICES TO THOSE IN OUR COMMUNITY WHO ARE IN OR APPROACHING THEIR MATURE YEARS, AND TO PROVIDE SUPPORT AND SERVICES TO THEIR FAMILIES AND CAREGIVERS. THROUGH THESE SERVICES, CSSC STRIVES TO ENSURE THE PHYSICAL, MENTAL, EMOTIONAL AND FINANCIAL WELLBEING OF OUR PARTICIPANTS, IMPROVE THE QUALITY OF LIFE, AND TO ENHANCE THE STRUCTURE AND STABILITY OF OUR COMMUNITY AS A WHOLE.

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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 $756,191

Program Service Revenue $1,256,800

Investment Income $645,513

Other Revenue $326,286

TOTAL REVENUE $2,984,790

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,351,342

Fundraising Expenses $121,357

Program Expenses $1,920,020

Other Expenses $977,572

TOTAL EXPENSES $2,328,914

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,984,790	$2,905,485	+0.0%
Expenses	$2,328,914	$2,256,384	+0.0%
Net Income	$655,876	$649,101	+0.0%

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

460

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

$165,270

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL W WILKES	DIRECTOR	0.25	Director	$0	$0	$0
FREDRICK ERLICH	DIRECTOR	0.25	Director	$0	$0	$0
AIMEE ROBICHAUD	DIRECTOR	0.25	Director	$0	$0	$0
CHRIS MCCABE	DIRECTOR	0.25	Director	$0	$0	$0
MICHAEL J BIANCHINO	DIRECTOR	0.25	Director	$0	$0	$0
CAMILLE HOHEB	DIRECTOR	0.25	Director	$0	$0	$0
KEVIN B COSTELLO MD	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
ALICIA KELLEY	SECRETARY	0.25	Officer Director	$0	$0	$0
ERIC KING	DIRECTOR	0.25	Director	$0	$0	$0
PETER CAMPITO	PRESIDENT	0.25	Officer Director	$0	$0	$0
JIM MORRELL	DIRECTOR	0.25	Director	$0	$0	$0
NANCY O'CONNOR	DIRECTOR	0.25	Director	$0	$0	$0
MARY BRIZZELL	DIRECTOR	0.25	Director	$0	$0	$0
STEVEN MUTH	TREASURER	0.25	Officer Director	$0	$0	$0
MARY BETH HOFMEISTER	PAST DIRECTOR	0.25	Director	$0	$0	$0
DR RUSSELL WARD	PAST VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
DIANE CONROY-LACIVITA	EXECUTIVE DIRECTOR	40.00	Key Emp	$160,603	$4,667	$165,270

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	$2,984,790	$2,328,914	$55,695,988	$655,876
2023	$2,905,485	$2,256,384	$47,632,864	$649,101
2022	$2,429,828	$1,998,761	$34,962,904	$431,067
2021	$2,596,068	$1,650,086	$35,492,843	$945,982
2020	$2,896,264	$1,744,323	$35,817,167	$1,151,941
2019	$2,695,888	$2,048,599	$35,400,119	$647,289
2018	$2,583,014	$2,243,100	$35,485,557	$339,914

COLONIE SENIOR SERVICES CENTERS INC