GOLDEN AGE FOUNDATION INC

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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

Legal Domicile

Phone

5623015339

Tax Period

2023-07-01 to 2024-06-30

GOLDEN AGE FOUNDATION INC is a micro nonprofit that reported $98K in total revenue in fiscal year 2023. Expenses of $211K exceeded revenue, resulting in a 116% operating deficit.

Mission

PROVIDE SUPPORT SERVICES TO THE ELDERLY

Program Service Accomplishments

Program 1

Expenses: $166,529

PROVIDE SUPPORT TO THE SENIOR COMMUNITY THROUGH MAINTAINING AND PROVIDING EQUIPMENT FOR THE USE OF SENIORS IN NEED

Program 2

Expenses: $37,962

COMMUNITY SERVICE-PROVIDES SERVICES TO THE SENIOR COMMUNITY IN THE FORM OF MOBILITY AIDS. OTHER SERVICES INCLUDE COMPLIMENTARY FOOD AND BEVERAGE, FREE SHREDDING, TAX PREPARATION SUPPORT, RECYCLING...

COMMUNITY SERVICE-PROVIDES SERVICES TO THE SENIOR COMMUNITY IN THE FORM OF MOBILITY AIDS. OTHER SERVICES INCLUDE COMPLIMENTARY FOOD AND BEVERAGE, FREE SHREDDING, TAX PREPARATION SUPPORT, RECYCLING PROGRAM SPONSORSHIPP, VARIOUS MEDICAL SUPPORT, PUBLICITY OF SERVICES AVAILABLE, ETC AND PROVIDE SUPPORT TO OTHER ORGANIZATIONS THAT ASSIST SENIORS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $73,013

Program Service Revenue $0

Investment Income $24,909

Other Revenue $0

TOTAL REVENUE $97,922

Expense Breakdown

Grants Paid $166,529

Salaries & Benefits $0

Fundraising Expenses $105

Program Expenses $204,491

Other Expenses $44,748

TOTAL EXPENSES $211,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$97,922	$93,955	+0.0%
Expenses	$211,277	$226,272	-0.1%
Net Income	$-113,355	$-132,317	-0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNA DERBY	President	1.00	Officer	$0	$0	$0
HEEJA ALAMEIDA	Treasurer	1.00	Officer	$0	$0	$0
BETH GREELEY	Vice President	1.00	Officer	$0	$0	$0
DEBRA CAMPBELL	Corp Secretary	1.00	Officer	$0	$0	$0
ROBERTA JOHNSON	Corresp. Sec.	1.00	Officer	$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	No data	No data	No data	No data
2024	$97,922	$211,277	$623,190	$-113,355
2023	$93,955	$226,272	$736,545	$-132,317
2022	$510,887	$118,922	$868,862	$391,965
2020	$53,639	$79,667	$600,629	$-26,028
2019	$266,560	$48,607	$626,657	$217,953