SERVING SENIORS INC (EIN 232170730) - 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

DAVID FALCHEK

Phone

5703443931

Tax Period

2022-07-01 to 2023-06-30

SERVING SENIORS INC, founded in 1981, is a small nonprofit in the Health Care sector that reported $672K in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $628K left a modest 7% surplus.

Mission

SERVING SENIORS, INC. PROVIDES SERVICES TO OLDER ADULTS, ASSISTING THEM IN REMAINING INDEPENDENT, MAKING DECISIONS, AND ADVOCATING FOR THEMSELVES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $225,565

Program Service Revenue $443,138

Investment Income $2,940

Other Revenue $0

TOTAL REVENUE $671,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $415,787

Fundraising Expenses $4,499

Program Expenses $609,884

Other Expenses $211,972

TOTAL EXPENSES $627,759

Year-over-Year Comparison

	2022	2021	Change
Revenue	$671,643	$596,503	+0.1%
Expenses	$627,759	$486,145	+0.3%
Net Income	$43,884	$110,358	-0.6%

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

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

$75,932

Total Directors

$2,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK LYNN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARYBETH DANDREA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR VIRGINIA DIKEMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
MIDGE MACARTHUR	TREASURER	1.00	Officer Director	$0	$0	$0
ROSEMARY BRODERICK	DIRECTOR	1.00	Director	$2,500	$0	$2,500
HOWARD EVANS	DIRECTOR	1.00	Director	$0	$0	$0
CAROL FISHER	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH X GARVEY JR CPA	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN GREBAS ESQ	DIRECTOR	1.00	Director	$0	$0	$0
ALICE MCDONNELL	DIRECTOR	1.00	Director	$0	$0	$0
MARY ANN O'BOYLE	DIRECTOR	1.00	Director	$0	$0	$0
CATHY PATRICK DO	DIRECTOR	1.00	Director	$0	$0	$0
DAN PENETAR III	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN STRAUSKULAGE	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN VITALI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID FALCHEK	EXECUTIVE DIRECTOR (3/7/23-6/30/23)	40.00	Officer	$0	$0	$0
MARY ANNE MALONEY-EVANS	EXECUTIVE DIRECTOR (7/1/22-11/4/22)	40.00	Officer	$75,932	$0	$75,932

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$671,643	$627,759	$492,867	$43,884
2022	$596,503	$486,145	$473,870	$110,358
2021	$308,923	$298,293	$503,194	$10,630
2020	$350,824	$342,974	$363,479	$7,850

SERVING SENIORS INC