FARNAM SENIOR COMMUNITY CENTER (EIN 470759424) - 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

1993

Tax Period

2021-07-01 to 2022-06-30

FARNAM SENIOR COMMUNITY CENTER, founded in 1993, is a micro nonprofit that reported $36K in total revenue in fiscal year 2021. Expenses of $41K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE CENTER EXISTS TO OPERATE A FOOD BANK AND PREPARE AND SERVE MEALS. THEY ALSO PROVIDE RECREATIONAL ACTIVITIES FOR THE ELDERLY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,950

Program Service Revenue $30,537

Investment Income $54

Other Revenue $2,305

TOTAL REVENUE $35,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,320

Fundraising Expenses $0

Program Expenses $41,270

Other Expenses $19,950

TOTAL EXPENSES $41,270

Year-over-Year Comparison

	2021	2020	Change
Revenue	$35,846	$35,841	+0.0%
Expenses	$41,270	$42,829	0.0%
Net Income	$-5,424	$-6,988	-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
REYNOLDS WIDICK	PRESIDENT/CHAIRMAN	2.00	Officer Director	$0	$0	$0
RUTH ANN HESS	TREASURER	2.00	Officer Director	$0	$0	$0
NANCY OBERG	SECRETARY	2.00	Officer Director	$0	$0	$0
KENNETH BELLAMY	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
BRENDA DAVIS	DIRECTOR	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
2022	$35,846	$41,270	$44,153	$-5,424
2021	$36,275	$43,090	$42,762	$-6,815
2020	$35,841	$42,829	$49,577	$-6,988
2019	$35,202	$38,507	$56,565	$-3,305

FARNAM SENIOR COMMUNITY CENTER