THE COUNCIL ON AGING INC (EIN 581299095) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Principal Officer

DIANE WILLIAMSON

Phone

4046247560

Tax Period

2020-07-01 to 2021-06-30

THE COUNCIL ON AGING INC, founded in 1977, is a small nonprofit that reported $100K in total revenue in fiscal year 2020. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $129K exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROVIDE EDUCATION, INFORMATION, AND REFERRAL SERVICES FOR THE ELDERLY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $100,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $100,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $98,702

Fundraising Expenses $0

Program Expenses $128,719

Other Expenses $30,017

TOTAL EXPENSES $128,719

Year-over-Year Comparison

	2020	2019	Change
Revenue	$100,000	$259,079	-0.6%
Expenses	$128,719	$184,438	-0.3%
Net Income	$-28,719	$74,641	-1.4%

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

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

$45,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANE WILLIAMSON	EXECUTIVE DI	40.00	Officer	$45,000	$0	$45,000
HARRY BOWDEN	BOARD MEMBER	N/A	Director	$0	$0	$0
RONALD CLARK	BOARD MEMBER	N/A	Director	$0	$0	$0
CHRISTEL FINLEY	BOARD MEMBER	N/A	Director	$0	$0	$0
EDITH GREEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
QUEENIE JORDAN	SECRETARY	N/A	Officer Director	$0	$0	$0
JOAN LEE	BOARD MEMBER	N/A	Director	$0	$0	$0
HELENE MILLS	TREASURER	N/A	Officer Director	$0	$0	$0
EARNISTINE MITCHELL	BOARD MEMBER	N/A	Director	$0	$0	$0
TAMMY PALMGRENE	BOARD MEMBER	N/A	Director	$0	$0	$0
COLUMBUS WARD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ROBIN WASHINGTON	BOARD MEMBER	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
2021	$100,000	$128,719	$70,470	$-28,719
2020	$259,079	$184,438	$99,189	$74,641
2019	$198,349	$200,664	$24,548	$-2,315
2018	$178,000	$180,776	$61,224	$-2,776
2018	$171,912	$208,738	$26,863	$-36,826

THE COUNCIL ON AGING INC