GOLDEN SLIPPER CENTER FOR SENIORS INC

EIN: 232793956 501(c)(3) Human Services

WYNNEWOOD, PA

Total Revenue
$249,833
Total Expenses
$388,774
Total Assets
$51,176
Net Assets
$46,728
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
PA
Principal Officer
MORIAH SIMONHAZANI
Phone
2158776667
Tax Period
2022-10-01 to 2023-09-30

GOLDEN SLIPPER CENTER FOR SENIORS INC, founded in 1995, is a small nonprofit in the Human Services sector that reported $250K in total revenue in fiscal year 2022. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $389K exceeded revenue, resulting in a 56% operating deficit.

Mission

GOLDEN SLIPPER GEMS IS ORGANIZED FOR THE PURPOSE OF INSPIRING OLDER ADULTS THROUGH PERSONALLY-DELIVERED PROGRAMS AND SERVICES THAT ENHANCE WELLBEING, INSPIRE ENGAGEMENT AND FOSTER COMMUNITY. GEMS OPERATES AT TWO MAJOR LOCATIONS IN PENNSYLVANIA: IN LOWER MERION ON THE MAIN LINE AT ADATH ISRAEL SYNAGOGUE AND IN BUCKS COUNTRY AT SHIR AMI IN NEWTOWN.

Program Service Accomplishments

Program 1
Expenses: $225,767 Revenue: $47,057

GEMS PROVIDES RECREATIONAL ACTIVITIES INCLUDING ARTS AND CRAFTS, MUSIC, GAMES, DANCING AND EXERCISE AT ITS FEDERATION HOUSING SITES. IT PROVIDES LIFELONG LEARNING IN THE FORM OF FOUR, SIX AND EIGHT...

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GEMS PROVIDES RECREATIONAL ACTIVITIES INCLUDING ARTS AND CRAFTS, MUSIC, GAMES, DANCING AND EXERCISE AT ITS FEDERATION HOUSING SITES. IT PROVIDES LIFELONG LEARNING IN THE FORM OF FOUR, SIX AND EIGHT WEEK COURSES ON A WIDE VARIETY OF TOPICS AT ITS SUBURBAN SITES. GEMS ALSO RUNS TRIPS TO LOCAL AND OTHER VENUES THROUGHOUT THE YEAR SO THAT IS MEMBERS CAN CONTINUE TO ENJOY TRAVEL.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $211,024
Program Service Revenue $47,057
Investment Income $-8,248
Other Revenue $0
TOTAL REVENUE $249,833

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,949
Fundraising Expenses $30,447
Program Expenses $225,767
Other Expenses $189,825
TOTAL EXPENSES $388,774

Year-over-Year Comparison

2022 2021 Change
Revenue $249,833 $490,517 -0.5%
Expenses $388,774 $381,848 +0.0%
Net Income $-138,941 $108,669 -2.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
22
Independent Members
21
Employees
5
Volunteers
21

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
8
$53,500
Total Directors
22
$53,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL CAINE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
NEIL HAIMM PRESIDENT 1.00
Officer Director
$0 $0 $0
MERLE HOLMAN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL SIMON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GAIL RUDNITZKY SECRETARY 1.00
Officer Director
$0 $0 $0
MARC FELLER ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
SHEARA HOLLIN TREASURER 1.00
Officer Director
$0 $0 $0
NAOMI GORSON DIRECTOR 1.00
Director
$0 $0 $0
NANCY GROSS DIRECTOR 1.00
Director
$0 $0 $0
SUSAN FREEDMAN DIRECTOR 1.00
Director
$0 $0 $0
JACQUELINE BANKS DIRECTOR 1.00
Director
$0 $0 $0
LAURA HAIMM DIRECTOR 1.00
Director
$0 $0 $0
ELAINE KRASNICK DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH GOLDEN DIRECTOR 1.00
Director
$0 $0 $0
BRIAN LEVINE DIRECTOR 1.00
Director
$0 $0 $0
IRA FELDMAN DIRECTOR 1.00
Director
$0 $0 $0
PATTY HARVITZ DIRECTOR 1.00
Director
$0 $0 $0
SHERMAN LEIS MD DIRECTOR 1.00
Director
$0 $0 $0
PETER KOLSON DIRECTOR 1.00
Director
$0 $0 $0
ED CAINE DIRECTOR 1.00
Director
$0 $0 $0
DIANE WENDER DIRECTOR 1.00
Director
$0 $0 $0
MORIAH SIMONHAZANI EXECUTIVE DIRECTOR 31.00
Officer Director
$49,100 $4,400 $53,500
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
2023 $249,833 $388,774 $51,176 $-138,941
2022 $490,517 $381,848 $521,947 $108,669
2021 $599,111 $409,417 $445,104 $189,694
2020 $415,926 $496,355 $315,236 $-80,429
2019 $556,049 $523,493 $337,065 $32,556
2018 $672,860 $680,973 $304,509 $-8,113
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