SOUTHEASTERN VIRGINIA AREAWIDE MOD… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1972

Legal Domicile

Principal Officer

STEPHEN ZOLLOS

Phone

7574619481

Tax Period

2023-10-01 to 2024-09-30

SOUTHEASTERN VIRGINIA AREAWIDE MODEL PROGRAM INC, founded in 1972, is a mid-sized nonprofit in the Recreation & Sports sector that reported $11.4M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $10.4M left a modest 9% surplus.

Mission

SEVAMP ENCOMPASSES THE OVERALL MANAGEMENT AND SUPERVISORY FUNCTIONS OF THE AREA AGENCY ON AGING, AS WELL AS THE LEAD ROLE FOR PROVIDING A COORDINATED COMPREHENSIVE SYSTEM FOR OLDER PERSONS TO LOCATE AND ACCESS NEEDED SERVICES.

Program Service Accomplishments

Program 1

Expenses: $2,517,822 Revenue: $27,984

SUPPORTIVE SERVICES FUNDED BY TITLE III-B OF THE OLDER AMERICANS ACT:PROVIDED THE FOLLOWING SERVICES: LEGAL SERVICES FOR 47 INDIVIDUALS FOR 166 HOURS; PROVIDED TRANSPORTATION TO 1,101 INDIVIDUALS FOR 26,805 ONE WAY TRIPS, INFORMATION ASSISTANCE AND REFERRALS TO 3,519 INDIVIDUALS FOR 5,323 CONTACTS, PROVIDED LONG TERM CARE COORDINATING AND PLANNING ACTIVITIES FOR 3,554 HOURS, PROVIDED PUBLIC INFORMATION AND EDUCATION FOR 250 EVENTS, PROVIDED SOCIALIZATION EVENTS FOR 239 INDIVIDUALS FOR 12,942 HOURS OF ACTIVITY, AND WE HELPED 123 INDIVIDUALS WITH EMERGENCY NEEDS.

Program 2

Expenses: $1,526,745 Revenue: $30,331

CONGREGATE MEALS C-1PROVIDED 59,537 MEALS TO 898 INDIVDUALS IN A SOCIAL CONGREGATE SETTING.

Program 3

Expenses: $1,182,014 Revenue: $38,293

HOME DELIVERED MEALS FUNDED BY TITLE C-2 OF THE OLDER AMERICANS ACT PROVIDED 135,084 MEALS DELIVERED TO THE HOME OF 977 INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,894,776

Program Service Revenue $429,801

Investment Income $4,207

Other Revenue $21,284

TOTAL REVENUE $11,350,068

Expense Breakdown

Grants Paid $1,889,214

Salaries & Benefits $5,711,458

Fundraising Expenses $106,093

Program Expenses $8,695,616

Other Expenses $2,772,190

TOTAL EXPENSES $10,372,862

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,350,068	$10,168,492	+0.1%
Expenses	$10,372,862	$9,739,803	+0.1%
Net Income	$977,206	$428,689	+1.3%

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

104

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

$333,954

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAM BARTON	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
BARBARA BOOKER-WILLIAMS	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
FRAN RICHARDSON	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
ROBERT HOLT	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
SONDRA KENDRICK	SECRETARY	10.00	Officer Director	$0	$0	$0
GREG GROOTENDORST	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
WILLIAM BANE	TREASURER	10.00	Officer Director	$0	$0	$0
THELMA DRAKE	PRESIDENT	10.00	Officer Director	$0	$0	$0
DICK GRICE	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
AMY PUCCI	1ST VICE-PRESIDENT	10.00	Officer Director	$0	$0	$0
CARYN WEST	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
GARY ZALAS	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
CHANDA CHANN	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
JOHN MIHALY	BOARD OF DIRECTORS	10.00	Director	$0	$0	$0
STEPHEN ZOLLOS	CEO & EX-OFFICIO	40.00	Officer	$158,314	$40,920	$199,234
BRIGID MILLER	CFO	40.00	Officer	$105,350	$29,370	$134,720

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	$11,350,068	$10,372,862	$6,506,975	$977,206
2023	$10,168,492	$9,739,803	$5,987,015	$428,689
2022	$10,438,771	$9,979,620	$3,175,335	$459,151
2021	$8,738,729	$8,675,228	$2,843,692	$63,501
2021	$8,734,133	$8,675,228	$2,843,692	$58,905
2020	$8,077,775	$8,198,684	$2,509,830	$-120,909
2019	$7,507,990	$7,536,537	$2,196,636	$-28,547
2018	$7,549,653	$7,402,565	$2,086,864	$147,088

SOUTHEASTERN VIRGINIA AREAWIDE MODEL PROGRAM INC