DEARBORN ADULT CENTER INC (EIN 351861737) - 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

1993

Legal Domicile

Principal Officer

KEN MADDIN

Phone

8125393113

Tax Period

2024-01-01 to 2024-12-31

DEARBORN ADULT CENTER INC, founded in 1993, is a small nonprofit in the Recreation & Sports sector that reported $358K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $333K left a modest 7% surplus.

Mission

TO GIVE FELLOWSHIP AND FUN TO ACTIVE SENIOR CITIZENS OF DEARBORN COUNTY AND SURROUNDING AREAS, ACTIVITIES, RECREATION, HEALTH SERVICES AND OTHER COMMUNITY SERVICES ARE AVAILABLE TO THE OVER 50 POPULATION

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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 $354,957

Program Service Revenue $2,674

Investment Income $69

Other Revenue $0

TOTAL REVENUE $357,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,326

Fundraising Expenses $0

Program Expenses $333,298

Other Expenses $216,972

TOTAL EXPENSES $333,298

Year-over-Year Comparison

	2024	2023	Change
Revenue	$357,700	$269,692	+0.3%
Expenses	$333,298	$251,587	+0.3%
Net Income	$24,402	$18,105	+0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PG GENTRUP	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH LANSING	EXECUTIVE DIRECTOR	40.00	Director Key Emp	$0	$0	$0
KEVIN WANG	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNN DEDDENS	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM ROWLETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
BRETT BONDURANT	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY MOLLAUN	BOARD MEMBER AD HOC	1.00	Director	$0	$0	$0
KEN MADDIN	PRESIDENT	4.00	Officer	$0	$0	$0
ALLEN GOODMAN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
RUTHANN STENGER	TREASURER	2.00	Officer	$0	$0	$0
LORETTA DAY	SECRETARY	2.00	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
2024	$357,700	$333,298	$724,882	$24,402
2023	$269,692	$251,587	$700,480	$18,105
2022	$196,246	$195,659	$682,375	$587
2021	$165,594	$170,119	$681,788	$-4,525
2020	$116,278	$118,815	$734,337	$-2,537
2019	$519,525	$564,547	$736,874	$-45,022
2018	$536,145	$581,504	$770,125	$-45,359

DEARBORN ADULT CENTER INC