SENIOR SERVICES INC OF WICHITA

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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

1968

Legal Domicile

Principal Officer

WYATT SHEEDER

Phone

3162670302

Tax Period

2024-10-01 to 2025-09-30

SENIOR SERVICES INC OF WICHITA, founded in 1968, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2024. Net assets of $7.7M represent 31 months of operating reserves.

Mission

SENIOR SERVICES, INC. OF WICHITA IS DEDICATED TO DELIVERING SERVICES THAT ALLOW OLDER ADULTS THE OPPORTUNITY TO LEAD QUALITY LIVES WHILE CONTINUING TO MAKE POSITIVE CONTRIBUTIONS TO THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,753,707 Revenue: $112,269

MEALS ON WHEELS DELIVERED OVER 180,241 HOT AND NUTRITIOUS MEALS TO 1,155 HOMEBOUND SENIORS FIVE DAYS A WEEK AND SEVEN DAYS A WEEK FOR INDIVIDUALS WITH THE MOST NEED. VOLUNTEERS WHO DELIVER THE MEALS...

Program 2

Expenses: $466,500 Revenue: $46,963

FOUR SENIOR CENTERS ARE OPERATED THROUGH SENIOR SERVICES, PROVIDING PEOPLE AGED 55+ WITH OPPORTUNITIES TO LEARN, GROW AND STAY PHYSICALLY, MENTALLY AND SOCIALLY ACTIVE. THE CENTERS OFFER A VAST ARRAY OF EVENTS AND PROGRAMS SUCH AS PICKLEBALL, EXERCISE CLASSES, EDUCATIONAL AND CRAFT OPPORTUNITIES. THE GOAL OF SENIOR CENTERS IS TO HELP THOSE 55+ REMAIN INDEPENDENT AND CONNECTED TO OTHERS. THE SENIOR CENTERS SERVED 2,385 SENIORS WITH 40,507 CONTACTS DURING THE YEAR.

Program 3

Expenses: $196,702 Revenue: $99

THE SENIOR EMPLOYMENT PROGRAM ASSISTS SENIORS, AGED 55+, TO FIND MEANINGFUL EMPLOYMENT IN BUSINESS AND/OR IN HOME SUPPORT PLACEMENTS. THE PROGRAM WAS ABLE TO MAKE THESE CONNECTIONS VIA EMAIL, PHONE...

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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 $2,747,525

Program Service Revenue $139,742

Investment Income $113,964

Other Revenue $22,570

TOTAL REVENUE $3,023,801

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,316,640

Fundraising Expenses $78,384

Program Expenses $2,661,368

Other Expenses $1,649,517

TOTAL EXPENSES $2,966,157

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,023,801	$3,150,693	0.0%
Expenses	$2,966,157	$3,064,211	0.0%
Net Income	$57,644	$86,482	-0.3%

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

226

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

$187,482

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET BORDEWICK	TREASURER	1.00	Officer Director	$0	$0	$0
MARTA CURRY	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GEAR	DIRECTOR	1.00	Director	$0	$0	$0
HELLEN HAAG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
HOLLY HATTEN	DIRECTOR	1.00	Director	$0	$0	$0
DONNA JOHNSON	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
KIMBERLY KLOCEK	DIRECTOR	1.00	Director	$0	$0	$0
BOBBY MCCRARY	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL PARKER-JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
WYATT SHEEDER	DIRECTOR	1.00	Director	$0	$0	$0
KEN SHOCKLEY	DIRECTOR	1.00	Director	$0	$0	$0
RICK THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN TIMSAH	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN WEBER	DIRECTOR	1.00	Director	$0	$0	$0
LAUREL ALKIRE	EXECUTIVE DIRECTOR	40.00	Officer	$103,918	$0	$103,918
KAREN MARKWELL	BUSINESS MANAGER	40.00	Officer	$28,065	$0	$28,065
ANGIE SWIFT	DIRECTOR OF FINANCE	40.00	Officer	$55,499	$0	$55,499

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
2025	$3,023,801	$2,966,157	$7,927,214	$57,644
2024	$3,150,693	$3,064,211	$7,610,747	$86,482
2023	$3,282,866	$2,952,509	$7,321,112	$330,357
2022	$3,084,981	$2,993,959	$6,791,754	$91,022
2021	$2,844,210	$2,805,292	$7,213,670	$38,918
2020	$2,474,588	$2,731,668	$7,147,607	$-257,080
2019	$2,590,290	$2,610,307	$7,401,090	$-20,017
2018	$3,147,452	$2,627,811	$7,892,838	$519,641