SOUTHEAST SENIOR CENTER FOR INDEPENDENT LIVING INC (EIN 223116070) - 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

1991

Legal Domicile

Principal Officer

MITCH SCHONFELD

Phone

2015694080

Tax Period

2018-07-01 to 2019-06-30

SOUTHEAST SENIOR CENTER FOR INDEPENDENT LIVING INC, founded in 1991, is a small nonprofit that reported $149K in total revenue in fiscal year 2018. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $224K exceeded revenue, resulting in a 51% operating deficit.

Mission

TO ENCOURAGE, SUSTAIN, AND SUPPORT MEANINGFUL, ACTIVE HEALTHY LIVES OF SENIOR CITIZENS WITH PROGRAMS AND SERVICES THAT ENRICH THE MIND, STRENGTHEN THE BODY AND LIST THE SPIRIT.

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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 (2018)

Revenue Breakdown

Contributions & Grants $99,486

Program Service Revenue $0

Investment Income $0

Other Revenue $49,054

TOTAL REVENUE $148,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,226

Fundraising Expenses $0

Program Expenses $183,429

Other Expenses $137,192

TOTAL EXPENSES $224,418

Year-over-Year Comparison

	2018	2017	Change
Revenue	$148,540	$235,448	-0.4%
Expenses	$224,418	$325,092	-0.3%
Net Income	$-75,878	$-89,644	-0.2%

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

$16,154

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SERENA CARSON	TRUSTEE	2.00	Director	$0	$0	$0
JACQUELINE EDWARDS	TRUSTEE	2.00	Director	$0	$0	$0
BETTY FRANK	TRUSTEE	2.00	Director	$0	$0	$0
NANCY MARKS	TRUSTEE	2.00	Director	$0	$0	$0
LOUISE SCHWARTZ	TRUSTEE	2.00	Director	$0	$0	$0
LARRY TONDEL	TRUSTEE	2.00	Director	$0	$0	$0
BARBARA RYDER	PRESIDENT	2.00	Officer Director	$0	$0	$0
SUSAN PROIETTI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES COLE	SECRETARY	2.00	Officer Director	$0	$0	$0
AL GUDITIS	TREASURER	2.00	Officer Director	$0	$0	$0
SCOTT REDDIN	EXECUTIVE DIRECTOR	35.00	Officer	$16,154	$0	$16,154

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
2019	$148,540	$224,418	$821,759	$-75,878
2018	$235,448	$325,092	$846,563	$-89,644

SOUTHEAST SENIOR CENTER FOR INDEPENDENT LIVING INC