SOUTHERN AREA AGENCY ON AGING (EIN 541018745) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

CHARLIE BOWMAN

Phone

2766326442

Tax Period

2024-10-01 to 2025-09-30

SOUTHERN AREA AGENCY ON AGING, founded in 1976, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2017.

Mission

TO PROVIDE SERVICES TO PERSONS OVER 55 IN PLANNING DISTRICT 12 OF VIRGINIA.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,886,344

Program Service Revenue $67,983

Investment Income $1,406

Other Revenue $38,574

TOTAL REVENUE $4,994,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,444,957

Fundraising Expenses $0

Program Expenses $5,403,840

Other Expenses $3,958,883

TOTAL EXPENSES $5,403,840

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,994,307	$5,972,491	-0.2%
Expenses	$5,403,840	$5,950,449	-0.1%
Net Income	$-409,533	$22,042	-19.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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
PAMELA ALFORD	SECRETARY	N/A	Director	$0	$0	$0
ANDRE BETHEA	DIRECTOR	N/A	Director	$0	$0	$0
CHARLIE BOWMAN	CHAIRMAN	N/A	Officer Director	$0	$0	$0
RICHARD COX	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
MANDY CROWDER	DIRECTOR	N/A	Director	$0	$0	$0
CRYSTAL DALLAS	DIRECTOR	N/A	Director	$0	$0	$0
LINDA HANDY	DIRECTOR	N/A	Director	$0	$0	$0
BRENDA METZ	DIRECTOR	N/A	Director	$0	$0	$0
KATHY REMSEY	DIRECTOR	N/A	Director	$0	$0	$0
DONNA MARIE STONE	TREASURER	N/A	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
2025	$4,994,307	$5,403,840	$937,468	$-409,533
2024	$5,972,491	$5,950,449	$1,214,739	$22,042
2023	$5,196,998	$5,440,294	$840,543	$-243,296
2022	$5,349,811	$5,520,533	$933,315	$-170,722
2021	$5,180,983	$5,194,358	$746,312	$-13,375
2020	$4,241,902	$4,344,317	$940,109	$-102,415
2019	$4,435,934	$4,512,297	$417,528	$-76,363
2018	$4,179,874	$4,236,279	$491,254	$-56,405

SOUTHERN AREA AGENCY ON AGING