DORCHESTER SENIORS INC (EIN 570703785) - Form 990 Financial Analysis & Trantor Score

🔒

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

1980

Legal Domicile

Principal Officer

LAQUINTA WEST

Phone

8438715053

Tax Period

2023-07-01 to 2024-06-30

DORCHESTER SENIORS INC, founded in 1980, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $564K, a strong 23% operating margin.

Mission

TO PROVIDE PROGRAMS AND SERVICES TO PROMOTE THE WELFARE OF ELDERLY CITIZENS IN DORCHESTER COUNTY, SC.

🔒

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 $2,163,307

Program Service Revenue $55,299

Investment Income $155,437

Other Revenue $131,112

TOTAL REVENUE $2,505,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,341,568

Fundraising Expenses $0

Program Expenses $1,572,526

Other Expenses $599,822

TOTAL EXPENSES $1,941,390

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,505,155	$2,277,965	+0.1%
Expenses	$1,941,390	$2,035,570	0.0%
Net Income	$563,765	$242,395	+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

Volunteers

172

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

$157,316

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM LEWIS	DIRECTOR	0.50	Director	$0	$0	$0
PAMELA KELLY	DIRECTOR	0.50	Director	$0	$0	$0
MALIKA WATSON	DIRECTOR	0.50	Director	$0	$0	$0
KATHENE WINSTON	DIRECTOR	0.50	Director	$0	$0	$0
JAN PARSONS	DIRECTOR	0.50	Director	$0	$0	$0
SINCLAIR BROWN	DIRECTOR	0.50	Director	$0	$0	$0
RUSSELL CORNETTE	DIRECTOR	0.50	Director	$0	$0	$0
DON BAUS	DIRECTOR	0.50	Director	$0	$0	$0
DIANNE THOMAS	DIRECTOR	0.50	Director	$0	$0	$0
CAROL DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
KARIE CALHOUN	DIRECTOR	0.50	Director	$0	$0	$0
SHIRLEY CHAPMAN	DIRECTOR	0.50	Director	$0	$0	$0
MARGARET GOODWINE	DIRECTOR	0.50	Director	$0	$0	$0
RUTH SOJOURNER TRIPP	DIRECTOR	0.50	Director	$0	$0	$0
EMILY WATTS	CHAIR	1.00	Officer Director	$0	$0	$0
DIANE JONES	SECRETARY	1.00	Officer Director	$0	$0	$0
HAREN MAIN	TREASURER	1.00	Officer Director	$0	$0	$0
LAQUINTA WEST	EXECUTIVE DIRECTOR(BEGIN AUGUST 2023)	40.00	Officer	$70,537	$25,461	$95,998
LEIGH THOMPSON	EXECUTIVE DIRECTOR(THROUGH AUGUST 2023)	40.00	Officer	$52,216	$9,102	$61,318

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	No data	No data	No data	No data
2024	$2,505,155	$1,941,390	$3,494,732	$563,765
2023	$2,277,965	$2,035,570	$2,951,039	$242,395
2022	$2,669,476	$2,237,503	$2,679,456	$431,973
2021	$2,139,419	$2,053,043	$2,231,329	$86,376
2020	$2,108,958	$2,018,097	$2,139,162	$90,861
2019	$2,103,760	$2,073,109	$2,048,736	$30,651

DORCHESTER SENIORS INC