THE CENTER FOR SOCIAL GERONTOLOGY

EIN: 382875533 501(c)(3)

ANN ARBOR, MI

Total Revenue
$4,630
Total Expenses
$118,601
Total Assets
$86,440
Net Assets
$85,382
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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
1989
Legal Domicile
MI
Principal Officer
PENELOPE A HOMMEL
Phone
7346651126
Tax Period
2020-10-01 to 2021-09-30

THE CENTER FOR SOCIAL GERONTOLOGY, founded in 1989, is a micro nonprofit that reported $5K in total revenue in fiscal year 2020. Revenue surged 271% from the prior year, signaling strong growth momentum. Expenses of $119K exceeded revenue, resulting in a 2462% operating deficit.

Mission

ELDERLY ADVOCACY, LEGAL RESEARCH FOR ELDERLY CONCERNS

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,075
Investment Income $555
Other Revenue $0
TOTAL REVENUE $4,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $71,078
Fundraising Expenses $0
Other Expenses $47,523
TOTAL EXPENSES $118,601

Year-over-Year Comparison

2020 2019 Change
Revenue $4,630 $1,249 +2.7%
Expenses $118,601 $141,244 -0.2%
Net Income $-113,971 $-139,995 -0.2%
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

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Governance

Voting Members
3
Independent Members
2
Employees
2
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
2
$47,705
Total Directors
3
$47,705
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLIFFORD E DOUGLAS PRESIDENT 0.50
Officer Director
$0 $0 $0
PENELOPE A HOMMEL CO-EXEC DIR, 2.00
Officer Director
$40,904 $6,801 $47,705
JOHN OLINGER PHD CHAIRMAN 0.50
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
2021 $4,630 $118,601 $86,440 $-113,971
2020 $1,249 $141,244 $227,207 $-139,995
2019 $54,713 $196,678 $376,393 $-141,965
2018 $205,855 $293,554 $559,226 $-87,699
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