RED WING ARE SENIORS INC (EIN 411367092) - 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

1979

Legal Domicile

Principal Officer

TOM WALSH

Phone

6513272255

Tax Period

2024-01-01 to 2024-12-31

RED WING ARE SENIORS INC, founded in 1979, is a small nonprofit that reported $330K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $396K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO ENHANCE, STIMULATE, ACCOMODATE AND SUPPORT EVER-CHANGING AND ACTIVE LIVES OF OUR MEMBERS

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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 $45,073

Program Service Revenue $58,940

Investment Income $53

Other Revenue $225,477

TOTAL REVENUE $329,543

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,139

Fundraising Expenses $3,568

Program Expenses $392,761

Other Expenses $185,622

TOTAL EXPENSES $396,329

Year-over-Year Comparison

	2024	2023	Change
Revenue	$329,543	$380,549	-0.1%
Expenses	$396,329	$368,903	+0.1%
Net Income	$-66,786	$11,646	-6.7%

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

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

$45,832

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM WOJCIK	EXECUTIVE DI	40.00	Officer	$0	$0	$45,832
TODD AVERY	DIRECTOR	N/A	Director	$0	$0	$0
JULIE BIRK-BETCHER	DIRECTOR	40.00	Director	$0	$0	$0
CHAR ROGNESS	DIRECTOR	40.00	Director	$0	$0	$0
BEN STEPHANI	DIRECTOR	40.00	Director	$0	$0	$0
DOUG BLAKESLEY	SECRETARY	40.00	Officer	$0	$0	$0
ROSE BURKE	TREASURER	40.00	Officer	$0	$0	$0
JEFF MARCUS	VICE PRESIDE	40.00	Officer	$0	$0	$0
TOM WALSH	PRESIDENT	40.00	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	$329,543	$396,329	$601,832	$-66,786
2023	$380,549	$368,903	$672,881	$11,646
2022	$349,448	$313,051	$699,091	$36,397
2021	$304,943	$273,723	$678,957	$31,220
2020	$189,116	$196,758	$615,314	$-7,642
2019	$262,960	$270,795	$604,086	$-7,835
2018	$288,136	$277,501	$613,134	$10,635

RED WING ARE SENIORS INC