Seniors Coalition Inc

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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

1990

Legal Domicile

Principal Officer

Sean Ferritor

Phone

2022613594

Tax Period

2023-01-01 to 2023-12-31

Seniors Coalition Inc, founded in 1990, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

DISSEMINATING INFORMATION TO SENIOR CITIZENS AND THE GENERAL PUBLIC THROUGH MAIL SOLICITATIONS, PUBLIC EVENTS, A NEWSLETTER, AND A WEBSITE. THE COALITION PERFORMS GRASSROOTS LOBBYING BY TELEPHONE AND BY SUBMITTING PETITIONS AND SURVEYS TO THE PRESIDENT OF THE UNITED STATES AND MEMBERS OF CONGRESS.

Program Service Accomplishments

Program 1

Expenses: $1,235,875 Revenue: $0

PUBLIC EDUCATION - THE COALITION DISSEMINATES INFORMATION TO THE GENERAL PUBLIC, AND SENIOR CITIZENS IN PARTICULAR, THROUGH MAIL SOLICITATIONS, PUBLIC EVENTS, A NEWSLETTER PUBLICATION, AND A WEBSITE. SINCE INCEPTION OVER 2.9 MILLION INDIVIDUALS HAVE PARTICIPATED IN THESE VARIOUS RESOURCES.

Program 2

Expenses: $411,961 Revenue: $0

LOBBYING ACTIVITIES - THE COALITION ACTIVELY PERFORMS GRASSROOTS LOBBYING BY COORDINATING TELEPHONE CAMPAIGNS AND BY SUBMITTING PETITIONS TO THE PRESIDENT OF THE UNITED STATES AND MEMBERS OF...

LOBBYING ACTIVITIES - THE COALITION ACTIVELY PERFORMS GRASSROOTS LOBBYING BY COORDINATING TELEPHONE CAMPAIGNS AND BY SUBMITTING PETITIONS TO THE PRESIDENT OF THE UNITED STATES AND MEMBERS OF CONGRESS. THE COALITION COLLECTED AND PROCESSED SIGNED PETITIONS FROM SENIOR CITIZENS ACROSS THE UNITED STATES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,737,160

Program Service Revenue $0

Investment Income $0

Other Revenue $41,895

TOTAL REVENUE $2,779,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,800

Fundraising Expenses $486,195

Program Expenses $1,647,836

Other Expenses $2,639,947

TOTAL EXPENSES $2,741,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,779,055	$3,985,746	-0.3%
Expenses	$2,741,918	$4,033,670	-0.3%
Net Income	$37,137	$-47,924	-1.8%

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

N/A

Volunteers

N/A

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

$7,200

Total Directors

$16,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH L BRIDGES	PRESIDENT, CEO	2.00	Officer Director	$7,200	$0	$7,200
JOEL C HARRIS	CHAIRMAN	2.00	Director	$4,800	$0	$4,800
BRIAN ANDERSON	BOARD MEMBER	2.00	Director	$4,800	$0	$4,800
SEAN FERRITOR	ASST SECRETARY-TREAS	20.00	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
2024	No data	No data	No data	No data
2023	$2,779,055	$2,741,918	$48,827	$37,137
2022	$3,985,746	$4,033,670	$62,040	$-47,924
2021	$5,116,241	$5,934,619	$93,790	$-818,378
2020	$4,888,331	$4,638,050	$103,778	$250,281
2019	$5,187,401	$6,028,445	$57,233	$-841,044