KNOX CO COUNCIL ON AGING (EIN 431202909) - 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

Tax Period

2023-07-01 to 2024-06-30

KNOX CO COUNCIL ON AGING, founded in 1979, is a small nonprofit that reported $165K in total revenue in fiscal year 2023.

Mission

TO PROVIDE SERVICES FOR SENIOR CITIZENS IN KNOX 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 $13,973

Program Service Revenue $148,276

Investment Income $2,365

Other Revenue $847

TOTAL REVENUE $165,461

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,507

Fundraising Expenses $0

Program Expenses $168,974

Other Expenses $75,467

TOTAL EXPENSES $168,974

Year-over-Year Comparison

	2023	2022	Change
Revenue	$165,461	$164,951	+0.0%
Expenses	$168,974	$180,081	-0.1%
Net Income	$-3,513	$-15,130	-0.8%

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

N/A

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

Total Directors

Key Employees

$32,350

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH BACON	MANAGER	40.00	Key Emp Highest	$32,350	$0	$32,350
CLARA NICHOLS	MEMBER	0.00	Director	$0	$0	$0
TERRY CALLAHAN	MEMBER	0.00	Director	$0	$0	$0
MAURINE MAYER	MEMBER	0.00	Director	$0	$0	$0
BOB KINCAID	MEMBER	0.00	Director	$0	$0	$0
BRENT KARHOFF	PRESIDENT	0.00	Officer Director	$0	$0	$0
JANICE MCGINNIS	TREASURER	0.00	Officer Director	$0	$0	$0
KAREN HALL	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
JUDY GORDY	SECRETARY	0.00	Officer 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	$165,461	$168,974	$145,494	$-3,513
2023	$164,951	$180,081	$148,535	$-15,130
2022	$178,421	$162,844	$161,546	$15,577
2021	$193,938	$175,907	$147,170	$18,031
2020	$143,962	$158,213	$127,634	$-14,251
2019	$155,835	$144,536	$141,817	$11,299

KNOX CO COUNCIL ON AGING