BEMIDJI SENIOR CENTER (EIN 411470043) - 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

1977

Legal Domicile

Principal Officer

SANDY GREGORY

Phone

2187518836

Tax Period

2024-01-01 to 2024-12-31

BEMIDJI SENIOR CENTER, founded in 1977, is a small nonprofit that reported $252K in total revenue in fiscal year 2024. Revenue surged 148% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 52% operating margin.

Mission

TO PROVIDE A WELCOMING ENVIRONMENT ENCOMPASSING ACTIVITIES AND PROGRAMS PRIMARILY FOR SENIOR CITIZENS OF THE BEMIDJI AREA

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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 $172,436

Program Service Revenue $3,750

Investment Income $6,041

Other Revenue $70,183

TOTAL REVENUE $252,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,222

Fundraising Expenses $71,333

Program Expenses $3,750

Other Expenses $71,917

TOTAL EXPENSES $122,139

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,410	$101,703	+1.5%
Expenses	$122,139	$87,198	+0.4%
Net Income	$130,271	$14,505	+8.0%

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
VERNA LENKER	CENTER MANAGER	20.00	Highest	$35,056	$0	$35,056
SANDY GREGORY	PRESIDENT	4.00	Officer Director	$0	$0	$0
JOSIE PROULX	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
KATHY SANDERS	TREASURER	4.00	Officer Director	$0	$0	$0
CAROL GILBERTSON	SECRETARY	4.00	Officer Director	$0	$0	$0
BOB LARSON	PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
DONNA KIMMES	DIRECTOR	4.00	Director	$0	$0	$0
DARICE DWYER	DIRECTOR	4.00	Director	$0	$0	$0
BILL ERDMANN	DIRECTOR	4.00	Director	$0	$0	$0
LINDA SHUTTER	DIRECTOR	4.00	Director	$0	$0	$0
BARB ZENTEK	DIRECTOR	4.00	Director	$0	$0	$0
TOM HALDEMAN	DIRECTOR	4.00	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	$252,410	$122,139	$478,624	$130,271
2023	$101,703	$87,198	$348,508	$14,505

BEMIDJI SENIOR CENTER