VAC-VOLUNTEER AGING COUNCIL INC (EIN 582583666) - 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

2001

Legal Domicile

Principal Officer

GINA PENDLEY

Phone

6782304067

Tax Period

2024-01-01 to 2024-12-31

VAC-VOLUNTEER AGING COUNCIL INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $122K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 34% operating margin.

Mission

SERVE LOW INCOME SENIORS AND SENIOR VETERANS IN CHEROKEE COUNTY GA TO MAKE THEIR LIVES LESS STRESSFUL AND THEIR HOMES SAFE TO LIVE IN, PROVIDE FINANCAIL ASSISTANCE UP TO 600 PER SENIOR PER YEAR, INSTALL SAFETY FEATURES IN THEIR HOMES, AND PROVIDE LIQUID NUTRITIOANL SUPPLEMENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $85,981

Program Service Revenue $0

Investment Income $3,757

Other Revenue $32,422

TOTAL REVENUE $122,160

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $30,529

Program Expenses $32,512

Other Expenses $47,768

TOTAL EXPENSES $80,280

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,160	$90,979	+0.3%
Expenses	$80,280	$93,908	-0.1%
Net Income	$41,880	$-2,929	-15.3%

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

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
GINA PENDLEY	PRINCIPAL OF	N/A	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	$122,160	$80,280	$192,160	$41,880
2023	$90,979	$93,908	$150,279	$-2,929
2022	$107,037	$102,160	$153,209	$4,877
2021	$99,310	$68,017	$144,332	$31,293
2020	$63,965	$70,093	$113,559	$-6,128
2019	$104,331	$85,720	$121,860	$18,611
2018	$82,666	$72,645	$100,306	$10,021

VAC-VOLUNTEER AGING COUNCIL INC