SENIOR SERVICES OF VAN BUREN COUNTY (EIN 383200638) - 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

1994

Legal Domicile

Principal Officer

CLARE OLNEY

Tax Period

2023-01-01 to 2023-12-31

SENIOR SERVICES OF VAN BUREN COUNTY, founded in 1994, is a community nonprofit in the Human Services sector that reported $2.8M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. The organization ran a surplus of $680K, a strong 24% operating margin.

Mission

SSVBC PROVIDES SERVICES, OPPORTUNITIES, AND CARING SUPPORT FOR SENIORS OF VAN BUREN COUNTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,559,466

Program Service Revenue $166,462

Investment Income $2,232

Other Revenue $99,081

TOTAL REVENUE $2,827,241

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,080,433

Fundraising Expenses $42,589

Program Expenses $1,871,578

Other Expenses $1,066,348

TOTAL EXPENSES $2,146,781

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,827,241	$1,826,930	+0.5%
Expenses	$2,146,781	$1,625,836	+0.3%
Net Income	$680,460	$201,094	+2.4%

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

246

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
NATE BITELY	TRUSTEE	N/A	Director	$0	$0	$0
ANNIE BROWN	RECORDING SE	N/A	Director	$0	$0	$0
DICK CURTIS	TRUSTEE	N/A	Director	$0	$0	$0
REGINA HOOVER	CHAIRPERSON	N/A	Director	$0	$0	$0
KAREN KIRY	TRUSTEE	N/A	Director	$0	$0	$0
GERALD MUENZER	TRUSTEE	N/A	Director	$0	$0	$0
ROGER PAUL	VICE CHAIR	N/A	Director	$0	$0	$0
MARILYN RENDELL	TRUSTEE	N/A	Director	$0	$0	$0
TERRY TIBBS	TRUSTEE	N/A	Director	$0	$0	$0
JAMES ABSHAGEN	TREASURER	N/A	Officer	$0	$0	$0
CLARE OLNEY	TRUSTEE	N/A	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
2023	$2,827,241	$2,146,781	$6,436,150	$680,460
2022	$1,826,930	$1,625,836	$5,935,981	$201,094
2021	$1,271,253	$964,326	$6,027,507	$306,927
2020	$3,508,476	$1,172,185	$3,258,256	$2,336,291
2020	$245,339	$356,695	$2,980,808	$-111,356
2019	$1,278,731	$1,123,840	$525,148	$154,891

SENIOR SERVICES OF VAN BUREN COUNTY