WILMINGTON SENIOR CENTER

EIN: 510078398 501(c)(3) Human Services

WILMINGTON, DE

Total Revenue
$874,519
Total Expenses
$809,294
Total Assets
$7,318,039
Net Assets
$7,140,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
DE
Principal Officer
KATHLEEN PURCELL
Phone
3026513465
Tax Period
2020-01-01 to 2020-12-31

WILMINGTON SENIOR CENTER, founded in 1956, is a small nonprofit in the Human Services sector that reported $875K in total revenue in fiscal year 2020. Revenue decreased 7% compared to the prior year. Expenses of $809K left a modest 7% surplus.

Mission

WILMINGTON SENIOR CENTER PROVIDES LIFE-SUSTAINING AND LIFE-ENRICHING SERVICES, OPPORTUNITIES, AND PARTNERSHIPS THAT HAVE A POSITIVE IMPACT ON OLDER ADULTS' PHYSICAL, MENTAL, AND SOCIAL WELL-BEING AND THAT CONTRIBUTE TO FUTURE GENERATIONS.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $779,911
Program Service Revenue $2,828
Investment Income $253
Other Revenue $91,527
TOTAL REVENUE $874,519

Expense Breakdown

Grants Paid $0
Salaries & Benefits $440,946
Fundraising Expenses $4,429
Program Expenses $779,895
Other Expenses $368,348
TOTAL EXPENSES $809,294

Year-over-Year Comparison

2020 2019 Change
Revenue $874,519 $937,249 -0.1%
Expenses $809,294 $780,340 +0.0%
Net Income $65,225 $156,909 -0.6%
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

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Governance

Voting Members
14
Independent Members
14
Employees
19
Volunteers
37

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
6
$62,500
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAVETTE LANE PRESIDENT 1.00
Officer Director
$0 $0 $0
JEANIE HAYES VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KIMBERLY A CHAMBERS TREASURER 1.00
Officer Director
$0 $0 $0
JEREMY J ABELSON ASSISTANT TREASURER 1.00
Officer Director
$0 $0 $0
REGINA SIMS WRIGHT PHD SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID L BAUMBERGER ESQ DIRECTOR 1.00
Director
$0 $0 $0
HENRI V DUPONT DIRECTOR 1.00
Director
$0 $0 $0
JAMES M ELLISON MD DIRECTOR 1.00
Director
$0 $0 $0
REV DR CLIFFORD I JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
LINDA JULIUS DIRECTOR 1.00
Director
$0 $0 $0
EDITH E MENSER DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW TEDESCO DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN PURCELL EXECUTIVE DIRECTOR 40.00
Officer
$62,500 $0 $62,500
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 $874,519 $809,294 $7,318,039 $65,225
2019 $937,249 $780,340 $7,668,707 $156,909
2018 $807,407 $735,788 $7,480,375 $71,619
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