WALTON COUNTY CITIZENS ADVISORY COUNCIL ON AGING INC

EIN: 591145224 501(c)(3) Human Services

DEFUNIAK SPRINGS, FL

Total Revenue
$912,292
Total Expenses
$1,288,510
Total Assets
$575,831
Net Assets
$503,569
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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
1967
Legal Domicile
FL
Principal Officer
ALICIA BRACKINS
Phone
8508928165
Tax Period
2024-01-01 to 2024-12-31

WALTON COUNTY CITIZENS ADVISORY COUNCIL ON AGING INC, founded in 1967, is a small nonprofit in the Human Services sector that reported $912K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 41% operating deficit.

Mission

TO ASSIST THE OLDER POPULATION IN NEED TO REMAIN INDEPENDENT WITH DIGNITY IN THEIR OWN HOME ENVIRONMENT AND TO SERVE AS AN ADVOCATE FOR THOSE WHO HAVE NO ONE TO SPEAK ON THEIR BEHALF; PROVIDING NUTRITION AND ASSISTANCE TO 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $866,696
Program Service Revenue $819
Investment Income $44,777
Other Revenue $0
TOTAL REVENUE $912,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $957,275
Fundraising Expenses $0
Program Expenses $1,170,953
Other Expenses $331,235
TOTAL EXPENSES $1,288,510

Year-over-Year Comparison

2024 2023 Change
Revenue $912,292 $1,519,232 -0.4%
Expenses $1,288,510 $1,523,026 -0.2%
Net Income $-376,218 $-3,794 +98.2%
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

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Governance

Voting Members
5
Independent Members
5
Employees
45
Volunteers
11

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
3
$279,794
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THEODORE TOETE BOARD MEMBER 1.50
Director
$0 $0 $0
CHRISSY HOWELL BOARD MEMBER 1.50
Director
$0 $0 $0
NOLA THOMAS BOARD MEMBER 1.50
Director
$0 $0 $0
KRISTINA CASWELL SECRETARY 1.50
Director
$0 $0 $0
LOTHAR NEWSOME TREASURER 1.50
Director
$0 $0 $0
CHRIS BURGESS CHAIRMAN 1.50
Director
$0 $0 $0
ALICIA BRACKINS EXECUTIVE DIRECTOR 40.00
Officer
$62,575 $0 $62,575
KYLE TEBBS FINANCE DIRECTOR 40.00
Officer
$61,421 $0 $61,421
SHAYNE BETTS FORMER EXECUTIVE DIRECTOR 40.00
Officer
$155,798 $0 $155,798
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 $912,292 $1,288,510 $575,831 $-376,218
2023 $1,519,232 $1,523,026 $1,582,644 $-3,794
2022 $1,950,454 $1,367,415 $1,540,682 $583,039
2021 $1,287,523 $930,369 $910,955 $357,154
2020 $1,399,573 $1,190,256 $839,776 $209,317
2019 $1,016,899 $1,029,939 $608,995 $-13,040
2018 $1,307,036 $1,279,496 $601,794 $27,540
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