FREDERICA SENIOR CENTER INC

EIN: 510208779 501(c)(3) Human Services

FREDERICA, DE

Total Revenue
$573,132
Total Expenses
$557,068
Total Assets
$665,519
Net Assets
$107,616
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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
1974
Legal Domicile
DE
Tax Period
2024-07-01 to 2025-06-30

FREDERICA SENIOR CENTER INC, founded in 1974, is a small nonprofit in the Human Services sector that reported $573K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

PROVIDE A FACILITY FOR PERSONS OVER AGE 55 TO RECEIVE NUTRITIOUS MEALS AND PARTICIPATE IN SOCIAL/RECREATIONAL ACTIVITIES. 478 MEMBERS. MONTHLY NEWSLETTER AND OUTREACH TO HOMEBOUND MEMBERS

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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 (2024)

Revenue Breakdown

Contributions & Grants $486,334
Program Service Revenue $34,671
Investment Income $30
Other Revenue $52,097
TOTAL REVENUE $573,132

Expense Breakdown

Grants Paid $0
Salaries & Benefits $258,138
Fundraising Expenses $11,131
Program Expenses $510,365
Other Expenses $296,517
TOTAL EXPENSES $557,068

Year-over-Year Comparison

2024 2023 Change
Revenue $573,132 $489,934 +0.2%
Expenses $557,068 $624,976 -0.1%
Net Income $16,064 $-135,042 -1.1%
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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Governance

Voting Members
12
Independent Members
12
Employees
11
Volunteers
20

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
13
$55,000
Total Directors
0
$0
Key Employees
1
$55,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MORGAN HUDSON PRESIDENT 0.00
Officer
$55,000 $0 $55,000
KRISTINE LANGLEY DIRECTOR 40.00
Key Emp
$55,000 $0 $55,000
RAYMOND HARRIS SECRETARY 0.00
Officer
$0 $0 $0
BRYAN JACKSON MEMBER 0.00
Officer
$0 $0 $0
CHARLES POSTLES COMMUNITY RELATIONS 0.00
Officer
$0 $0 $0
MARK NETTLESHIP 2ND V PRESIDENT 0.00
Officer
$0 $0 $0
SAM BEYARD V PRESIDENT 0.00
Officer
$0 $0 $0
SUSAN WELCH TRESURER 0.00
Officer
$0 $0 $0
BEVERLY BEEBE MEMBER 0.00
Officer
$0 $0 $0
LINDA GAUDET MEMBERSHIP REPRESENTATIVE 0.00
Officer
$0 $0 $0
MILLE BOC MEMBER 0.00
Officer
$0 $0 $0
DEBORAH CORBETT MEMBER 0.00
Officer
$0 $0 $0
CHARLES CURRY MEMBER 0.00
Officer
$0 $0 $0
TELFORD RAGER MEMBER 0.00
Officer
$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
2025 $573,132 $557,068 $665,519 $16,064
2024 No data No data No data No data
2023 $684,228 $660,417 $956,342 $23,811
2022 $526,281 $579,392 $844,717 $-53,111
2021 $537,366 $467,230 $919,407 $70,136
2020 $548,508 $551,668 $916,446 $-3,160
2019 $486,823 $586,447 $871,147 $-99,624
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