THE MODERN MATURITY CENTER INC (EIN 510108568) - 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

1969

Legal Domicile

Principal Officer

CAROLYN FREDRICKS

Phone

3027341200

Tax Period

2024-01-01 to 2024-12-31

THE MODERN MATURITY CENTER INC, founded in 1969, is a mid-sized nonprofit in the Human Services sector that reported $12.3M in total revenue in fiscal year 2024. Expenses of $11.4M left a modest 7% surplus.

Mission

MODERN MATURITY CENTER, INC. IS A NON-PROFIT ORGANIZATION COMMITTED TO PROVIDING PROGRAMS AND SERVICES THAT ENHANCE THE QUALITY OF LIFE WITH RESPECT AND DIGNITY FOR INDIVIDUALS AGE 50 AND OLDER.

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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 $7,041,994

Program Service Revenue $3,632,094

Investment Income $74,750

Other Revenue $1,563,096

TOTAL REVENUE $12,311,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,062,636

Fundraising Expenses $81,167

Program Expenses $9,471,801

Other Expenses $6,376,294

TOTAL EXPENSES $11,438,930

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,311,934	$12,355,430	0.0%
Expenses	$11,438,930	$10,234,907	+0.1%
Net Income	$873,004	$2,120,523	-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

Governance

Voting Members

Independent Members

Employees

259

Volunteers

600

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

$461,739

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK BIDDLE	CHAIR	1.00	Officer Director	$0	$0	$0
JUSTIN STRICKLAND	1ST VICE CHA	1.00	Officer Director	$0	$0	$0
BETHANY LEWIS	TREASURER	1.00	Officer Director	$0	$0	$0
TROY ADAMS	SECRETARY	1.00	Officer Director	$0	$0	$0
TERRI NELLANS BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DR LINDSAY RHODENBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
DR ALETA HANNAH-BROWN	DIRECTOR	1.00	Director	$0	$0	$0
BILL HOLMES	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER PEPPER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LAWSON	DIRECTOR	1.00	Director	$0	$0	$0
ADAM GERBER	DIRECTOR	1.00	Director	$0	$0	$0
ANU KASAT	DIRECTOR	1.00	Director	$0	$0	$0
NANCY WAGNER	DIRECTOR	1.00	Director	$0	$0	$0
RENEE SLAUGHTER	DIRECTOR	1.00	Director	$0	$0	$0
LISA MARINO	DIRECTOR	1.00	Director	$0	$0	$0
RYAN BOWMAN	DIRECTOR	1.00	Director	$0	$0	$0
BOBBY JONES	DIRECTOR	1.00	Director	$0	$0	$0
DR BEATRICE GAYNOR	DIRECTOR	1.00	Director	$0	$0	$0
NANCY MCCOY	DIRECTOR	1.00	Director	$0	$0	$0
JOYCE BREASURE-HERRICK	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN FREDRICKS	EXECUTIVE DI	40.00	Officer	$170,918	$0	$170,918
JEFFREY SAVIN	CFO	40.00	Officer	$104,731	$3,072	$107,803
CATHARINE L LYONS	VP/ MARKETIN	40.00	Officer	$69,615	$2,265	$71,880
JOHN W TRIBBITT	VP/BLDGS & G	40.00	Officer	$108,623	$2,515	$111,138

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	$12,311,934	$11,438,930	$16,764,462	$873,004
2023	$12,355,430	$10,234,907	$15,163,448	$2,120,523
2022	$10,258,745	$9,327,829	$12,793,315	$930,916
2021	$7,663,411	$7,231,760	$11,944,802	$431,651
2020	$7,143,288	$6,675,649	$10,909,067	$467,639
2019	$7,909,344	$7,844,617	$10,356,256	$64,727
2018	$8,112,614	$7,520,775	$10,035,057	$591,839

THE MODERN MATURITY CENTER INC