SARANAC LAKE ADULT CENTER INC (EIN 237440966) - 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

1975

Legal Domicile

Principal Officer

BARBARA HALLA

Phone

5188912980

Tax Period

2025-01-01 to 2025-12-31

SARANAC LAKE ADULT CENTER INC, founded in 1975, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2025. Net assets of $1.4M represent 71 months of operating reserves.

Mission

TO PROVIDE A MULTIPURPOSE FACILITY FOR SENIOR CITIZENS TO BECOME INFORMED ABOUT AND RECEIVE SERVICES UNIQUE TO THEIR NEEDS TO PROVIDE THEM WITH VITAL TRANSPORTATION SERVICES WHO DO NOT HAVE THE MEANS OR ABILITY TO TRANSPORT THEMSELVESPROVIDE A SPACE FOR SOCIAL ENGAGEMENT

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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 (2025)

Revenue Breakdown

Contributions & Grants $198,136

Program Service Revenue $0

Investment Income $5,594

Other Revenue $23,934

TOTAL REVENUE $227,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,266

Fundraising Expenses $0

Program Expenses $210,000

Other Expenses $98,670

TOTAL EXPENSES $222,936

Year-over-Year Comparison

	2025	2024	Change
Revenue	$227,664	$211,432	+0.1%
Expenses	$222,936	$178,577	+0.2%
Net Income	$4,728	$32,855	-0.9%

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

$4,325

Total Directors

$4,325

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL J ELLIS	TREASURER	20.00	Officer Director	$4,325	$0	$4,325
BARBARA HALLA	PRESIDENT	25.00	Officer Director	$0	$0	$0
CHERYL CULOTTA	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
BERYL SZWED	SECRETARY	5.00	Officer Director	$0	$0	$0
DOLORES COMMO	BOARD MEMBER	5.00	Director	$0	$0	$0
JAMES MURNANE	BOARD MEMBER	10.00	Director	$0	$0	$0
SUE PATTERSON	BOARD MEMBER	5.00	Director	$0	$0	$0
SUSAN WATERS	BOARD MEMBER	15.00	Director	$0	$0	$0
HILLARY RYAN	BOARD MEMBER	5.00	Director	$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	$227,664	$222,936	$1,359,113	$4,728
2024	$211,432	$178,577	$1,381,610	$32,855
2023	$59,508	$23,745	$1,395,482	$35,763
2022	$43,260	$40,194	$1,375,957	$3,066
2021	$47,540	$47,596	$1,388,739	$-56
2020	$72,193	$51,946	$1,367,322	$20,247
2019	$97,434	$75,715	$1,361,208	$21,719
2018	$89,197	$82,459	$1,267,992	$6,738

SARANAC LAKE ADULT CENTER INC