VERSAILLES NUTRITION SITE INC (EIN 431362318) - 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

GERALD HAMLET

Phone

5733786232

Tax Period

2024-01-01 to 2024-12-31

VERSAILLES NUTRITION SITE INC, founded in 1977, is a small nonprofit that reported $101K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $121K exceeded revenue, resulting in a 19% operating deficit.

Mission

PROVIDE MEALS AT THE CENTER AND TO HOUSEBOUND SENIORS

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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 $92,868

Program Service Revenue $0

Investment Income $7,041

Other Revenue $1,165

TOTAL REVENUE $101,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $120,704

TOTAL EXPENSES $120,704

Year-over-Year Comparison

	2024	2023	Change
Revenue	$101,074	$73,426	+0.4%
Expenses	$120,704	$171,971	-0.3%
Net Income	$-19,630	$-98,545	-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

Employees

N/A

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
GERALD HAMLET	PRESIDENT	35.00	Officer	$0	$0	$0
ROGER OWEN	VICE PRESIDENT	35.00	Officer	$0	$0	$0
ROBERT MCGHEE	TREASURER	35.00	Officer	$0	$0	$0
DONNA VEST	SECRETARY	35.00	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	$101,074	$120,704	$953,569	$-19,630
2023	$73,426	$171,971	$983,963	$-98,545
2022	$76,208	$208,869	$924,963	$-132,661
2021	$128,867	$67,159	$981,897	$61,708
2020	$118,057	$56,850	$1,175,433	$61,207
2019	$187,403	$91,433	$1,126,984	$95,970
2018	$98,461	$89,431	$920,958	$9,030

VERSAILLES NUTRITION SITE INC