GOLDEN YEARS CENTER INC (EIN 470616553) - 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

1988

Legal Domicile

Principal Officer

GARY SANDERS

Phone

3089384945

Tax Period

2019-07-01 to 2020-06-30

GOLDEN YEARS CENTER INC, founded in 1988, is a micro nonprofit that reported $37K in total revenue in fiscal year 2019. Expenses of $53K exceeded revenue, resulting in a 44% operating deficit.

Mission

OFFER PROGRAMS & SERVICES TO OLDER PERSONS, SPECIFICALLY TO SERVE A NUTRITIOUS AND TASTY MEAL TO THE TOWN'S SENIOR CITIZENS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $35,050

Program Service Revenue $0

Investment Income $1,604

Other Revenue $0

TOTAL REVENUE $36,654

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,874

Fundraising Expenses $0

Program Expenses $44,484

Other Expenses $23,047

TOTAL EXPENSES $52,921

Year-over-Year Comparison

	2019	2018	Change
Revenue	$36,654	$36,369	+0.0%
Expenses	$52,921	$50,103	+0.1%
Net Income	$-16,267	$-13,734	+0.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY SANDERS	PRESIDENT	1.00	Officer Director	$0	$0	$0
DALE LOSCHEN	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY STATES	SECRETARY	1.00	Officer Director	$0	$0	$0
KAREN HAWLEY	TREASURER	1.00	Officer Director	$0	$0	$0
MILDRED ADAMS	BOARDMEMBER	1.00	Director	$0	$0	$0
WAYNE HINRICH	BOARDMEMBER	1.00	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
2020	$36,654	$52,921	$203,260	$-16,267
2019	$36,369	$50,103	$223,315	$-13,734

GOLDEN YEARS CENTER INC