VOANS SENIOR COMMUNITY MEALS INC (EIN 270267491) - 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

2009

Legal Domicile

Principal Officer

JOSEPH BUDZYNSKI

Phone

6124287800

Tax Period

2024-07-01 to 2025-06-30

VOANS SENIOR COMMUNITY MEALS INC, founded in 2009, is a small nonprofit that reported $408K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $512K exceeded revenue, resulting in a 25% operating deficit.

Mission

VOANS SENIOR COMMUNITY MEALS, INC. IS A NOT-FOR-PROFIT CORPORATION THAT WAS FORMED IN 2009, FOR THE OPERATION OF A SENIOR NUTRITION PROGRAM IN WESTERN COLORADO. THE ORGANIZATION HAS CONTRACTED WITH THE REGION 10 LEAGUE FOR ECONOMIC ASSISTANCE & PLANNING INC. REGION 10 AREA AGENCY ON AGING TO PROVIDE NUTRITION SERVICES FOR SENIORS IN DELTA AND MONTROSE COUNTIES. SERVICES ARE AVAILABLE TO ALL PERSONS AGE 60 YEARS AND OLDER AND TARGETED TO THOSE WITH THE GREATEST SOCIAL AND ECONOMIC NEED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $57,450

Program Service Revenue $350,601

Investment Income $0

Other Revenue $0

TOTAL REVENUE $408,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,524

Fundraising Expenses $0

Program Expenses $427,255

Other Expenses $310,052

TOTAL EXPENSES $511,576

Year-over-Year Comparison

	2024	2023	Change
Revenue	$408,051	$541,895	-0.2%
Expenses	$511,576	$556,526	-0.1%
Net Income	$-103,525	$-14,631	+6.1%

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

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

$3,457,899

Total Directors

$868,407

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KING MICHAEL W	PRESIDENT	3.00	Officer Director	$0	$183,373	$868,407
RASE NANCY	CHAIRPERSON	0.10	Officer Director	$0	$0	$0
PERKINSDERRICK	VICE CHAIR	0.10	Officer Director	$0	$0	$0
ERICKSON KAREN	TREASURER	0.10	Officer Director	$0	$0	$0
HACKETT KAREN	SECRETARY	0.10	Officer Director	$0	$0	$0
ARNOLD PATTI	DIRECTOR	0.10	Director	$0	$0	$0
BLOOM SHAWN	DIRECTOR	0.10	Director	$0	$0	$0
JACKSON CARMEN	DIRECTOR	0.10	Director	$0	$0	$0
KNAPP KEITH	DIRECTOR	0.10	Director	$0	$0	$0
MULLEN BETH	DIRECTOR	0.10	Director	$0	$0	$0
PETERSON JEANNE	DIRECTOR	0.10	Director	$0	$0	$0
SHERIDAN PATRICK	DIRECTOR	0.10	Director	$0	$0	$0
STRINGFELLOW JANET	DIRECTOR	0.10	Director	$0	$0	$0
TEJADA J WALTER	DIRECTOR	0.10	Director	$0	$0	$0
VIGEE VORIS	DIRECTOR	0.10	Director	$0	$0	$0
BUDZYNSKI JOSEPH A	ASST. TREASURER/ASST. SECRETARY	3.00	Officer	$0	$116,809	$465,439
KING KIMBERLY B	ASST. TREASURER/ASST. SECRETARY - THROUGH 07/2024	3.00	Officer	$0	$33,529	$256,810
DESJARDINS PETER J	ASST. TREASURER/ASST. SECRETARY - THROUGH 04/2025	3.00	Officer	$0	$40,506	$319,503
PASKOFF DAVID W	ASST. TREASURER/ASST. SECRETARY	3.00	Officer	$0	$17,960	$197,896
GAVIN NANCY A	ASST. SECRETARY/ASST. TREASURER	3.00	Officer	$0	$87,852	$285,594
NUTZ FAITH A	ASST. SECRETARY/ASST. TREASURER	3.00	Officer	$0	$20,168	$169,200
NISIVOCCIA DAVID	ASST. TREASURER/ASST. SECRETARY	3.00	Officer	$0	$74,234	$516,603
SOCZYNSKI PAUL F	ASST. TREASURER/ASST. SECRETARY	3.00	Officer	$0	$30,221	$378,447

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	$408,051	$511,576	$130,470	$-103,525
2024	$541,895	$556,526	$272,934	$-14,631
2023	$567,330	$476,580	$305,398	$90,750
2022	$555,169	$514,130	$327,305	$41,039
2021	$802,504	$619,727	$260,341	$182,777
2020	$790,906	$741,229	$332,684	$49,677
2019	$741,027	$729,511	$279,850	$11,516
2018	$620,131	$621,875	$284,488	$-1,744

VOANS SENIOR COMMUNITY MEALS INC