HYDE PARK MULTI-SERVICE CENTER FOR OLDER ADULTS (EIN 310857401) - 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

SHELLEY GOERING

Phone

5133216816

Tax Period

2022-01-01 to 2022-12-31

HYDE PARK MULTI-SERVICE CENTER FOR OLDER ADULTS, founded in 1975, is a small nonprofit that reported $609K in total revenue in fiscal year 2022. Revenue decreased 13% compared to the prior year. Expenses of $1.5M exceeded revenue, resulting in a 151% operating deficit.

Mission

TO EMPOWER ADULTS 55 AND OLDER TO BE INDEPENDENT, ACTIVE, HEALTHY, ENGAGED AND CONNECTED.

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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 $600,530

Program Service Revenue $7,361

Investment Income $13,463

Other Revenue $-12,167

TOTAL REVENUE $609,187

Expense Breakdown

Grants Paid $709,123

Salaries & Benefits $463,109

Fundraising Expenses $68,814

Program Expenses $1,331,040

Other Expenses $354,607

TOTAL EXPENSES $1,526,839

Year-over-Year Comparison

	2022	2021	Change
Revenue	$609,187	$702,625	-0.1%
Expenses	$1,526,839	$628,037	+1.4%
Net Income	$-917,652	$74,588	-13.3%

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

$146,449

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TONY FENNO	PRESIDENT	4.00	Officer Director	$0	$0	$0
GREG HARTLEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAN HENDRICKS	SECRETARY	1.00	Officer Director	$0	$0	$0
TOM COONEY	TREASURER	2.00	Officer Director	$0	$0	$0
BRIANNA FRAPPIER-SCHIRMANG	TRUSTEE	1.00	Director	$0	$0	$0
BRAD HOICOWITZ	TRUSTEE	1.00	Director	$0	$0	$0
GAYLE MATTSON	TRUSTEE	1.00	Director	$0	$0	$0
DAVID MCPHERSON	TRUSTEE	1.00	Director	$0	$0	$0
LOU MEYER	TRUSTEE	1.00	Director	$0	$0	$0
JEN ROTH	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL SCHWARTZ	TRUSTEE	1.00	Director	$0	$0	$0
GINNY UEHLIN	TRUSTEE	1.00	Director	$0	$0	$0
SHELLEY GOERING	EXECUTIVE DIRECTOR	40.00	Officer	$143,171	$3,278	$146,449

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
2022	$609,187	$1,526,839	No data	$-917,652
2021	$702,625	$628,037	$1,057,743	$74,588
2020	$549,179	$559,116	$908,894	$-9,937
2019	$490,209	$570,500	$867,139	$-80,291
2018	$433,353	$511,936	$915,530	$-78,583

HYDE PARK MULTI-SERVICE CENTER FOR OLDER ADULTS