SERVICES FOR AGING INC (EIN 341108780) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

STEVE BEAL

Phone

4196686245

Tax Period

2023-01-01 to 2023-12-31

SERVICES FOR AGING INC, founded in 1972, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $2.4M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO AID SENIOR CITIZENS TO LIVE INDEPENDENTLY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,393,477

Program Service Revenue $569,740

Investment Income $38,670

Other Revenue $11,920

TOTAL REVENUE $2,013,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,157,076

Fundraising Expenses $0

Program Expenses $2,194,432

Other Expenses $1,257,499

TOTAL EXPENSES $2,414,575

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,013,807	$2,275,138	-0.1%
Expenses	$2,414,575	$2,282,429	+0.1%
Net Income	$-400,768	$-7,291	+54.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$76,249

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE BEAL	EXECUTIVE DI	40.00	Officer	$76,249	$0	$76,249
N/A	TREASURER	N/A	Officer Director	$0	$0	$0
TIM BETTAC	TRUSTEE	N/A	Director	$0	$0	$0
N/A	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JANICE KNADLER	PRESIDENT	N/A	Officer Director	$0	$0	$0
PATRICIA MOFFATT	TRUSTEE	N/A	Director	$0	$0	$0
JANE NOTTKE	TRUSTEE	N/A	Director	$0	$0	$0
ROSE PERRY	TRUSTEE	N/A	Director	$0	$0	$0
MICHAEL STEWART	TRUSTEE	N/A	Director	$0	$0	$0
NANCY WHITE	SECRETARY	N/A	Officer Director	$0	$0	$0
SHARON WINGERT	TRUSTEE	N/A	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
2024	No data	No data	No data	No data
2023	$2,013,807	$2,414,575	$1,412,861	$-400,768
2022	$2,275,138	$2,282,429	$1,639,498	$-7,291
2021	$2,101,429	$1,814,948	$1,435,101	$286,481
2021	$2,101,429	$1,604,447	$1,760,335	$496,982
2020	$1,621,523	$1,467,450	$1,443,765	$154,073
2020	$1,621,523	$1,582,183	$1,329,032	$39,340
2019	$1,970,388	$2,198,930	$1,121,489	$-228,542
2018	$2,014,735	$1,964,255	$1,248,434	$50,480

SERVICES FOR AGING INC