Elder Center Inc (EIN 581748252) - 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

1986

Legal Domicile

Principal Officer

Deborah Howell

Phone

7048730720

Tax Period

2023-10-01 to 2024-09-30

Elder Center Inc, founded in 1986, is a small nonprofit that reported $218K in total revenue in fiscal year 2023. Revenue surged 435% from the prior year, signaling strong growth momentum. Expenses of $290K exceeded revenue, resulting in a 33% operating deficit.

Mission

ELDERLY DAYCARE FACILITIES

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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 $62,265

Program Service Revenue $145,252

Investment Income $5,634

Other Revenue $4,552

TOTAL REVENUE $217,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $179,763

Fundraising Expenses $0

Program Expenses $191,937

Other Expenses $110,145

TOTAL EXPENSES $289,908

Year-over-Year Comparison

	2023	2022	Change
Revenue	$217,703	$40,709	+4.3%
Expenses	$289,908	$57,948	+4.0%
Net Income	$-72,205	$-17,239	+3.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH P HOWELL	MANAGER	40.00	Director Key Emp	$0	$0	$0
LISA WOOD	VICE CHAIRPERSON	1.00	Director	$0	$0	$0
MIKE SMITH	CHAIRPERSON	1.00	Director	$0	$0	$0
LYNN NOBEL	SECRETARY	1.00	Director	$0	$0	$0
JEFFREY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ALAN CARPENTER	DIRECTOR	1.00	Director	$0	$0	$0
SANDY C ALTHUM	TREASURER	1.00	Director	$0	$0	$0
SCOTT HAYNES	VICE CHAIRPERSON	1.00	Officer	$0	$0	$0
DOROTHY WOODARD	DIRECTOR	1.00	Officer	$0	$0	$0
HEISOL G ORTIZ	EMPLOYEE	30.00	Key Emp	$0	$0	$0
LIZZIE H SMYRE	EMPLOYEE	30.00	Key Emp	$0	$0	$0
MELISSA D CLEARY	HOUSEKEEPER	40.00	Key Emp	$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	$217,703	$289,908	$409,028	$-72,205
2023	$282,672	$244,669	$513,994	$38,003
2022	$186,907	$227,338	$482,645	$-40,431
2021	$198,084	$224,804	$530,660	$-26,720

Elder Center Inc