VOLUNTEERS IN SERVICE TO THE ELDERLY INC (EIN 592625297) - 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

1983

Legal Domicile

Principal Officer

STEVE BISSONNETTE

Phone

8632840828

Tax Period

2024-07-01 to 2025-06-30

VOLUNTEERS IN SERVICE TO THE ELDERLY INC, founded in 1983, is a community nonprofit in the Human Services sector that reported $3.5M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.2M, a strong 36% operating margin.

Mission

TO PROVIDE SERVICES TO THE ELDERLY POPULATION.

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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 $3,424,554

Program Service Revenue $0

Investment Income $166,651

Other Revenue $-136,239

TOTAL REVENUE $3,454,966

Expense Breakdown

Grants Paid $528,152

Salaries & Benefits $859,884

Fundraising Expenses $112,854

Program Expenses $1,874,067

Other Expenses $832,936

TOTAL EXPENSES $2,220,972

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,454,966	$3,046,140	+0.1%
Expenses	$2,220,972	$2,027,257	+0.1%
Net Income	$1,233,994	$1,018,883	+0.2%

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

1580

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

$84,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE BISSONNETTE	PRESIDENT	40.00	Officer	$84,250	$0	$84,250
BRUCE ABELS	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN ALBAUM	DIRECTOR	5.00	Director	$0	$0	$0
CHRIS ASBILL	DIRECTOR	5.00	Director	$0	$0	$0
SENATOR COLLEEN BURTON	DIRECTOR	5.00	Director	$0	$0	$0
DAYNA CASSIDY	DIRECTOR	5.00	Director	$0	$0	$0
DREW CLEGHORN	DIRECTOR	5.00	Director	$0	$0	$0
TOM COLLINS	DIRECTOR	5.00	Director	$0	$0	$0
GRETA DUPUY	DIRECTOR	5.00	Director	$0	$0	$0
PATRICK FAGAN	DIRECTOR	5.00	Director	$0	$0	$0
LU FITZWATER	DIRECTOR	5.00	Director	$0	$0	$0
TROY GARCIA	DIRECTOR	5.00	Director	$0	$0	$0
STEVE MADDEN	DIRECTOR	5.00	Director	$0	$0	$0
BOB MAX	DIRECTOR	5.00	Director	$0	$0	$0
PAULA MIMS	DIRECTOR	5.00	Director	$0	$0	$0
SUSIE PENN	DIRECTOR	5.00	Director	$0	$0	$0
BRUCE PHILLIPS	DIRECTOR	5.00	Director	$0	$0	$0
DAVID ROSS	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT E SAMPSON	DIRECTOR	5.00	Director	$0	$0	$0
GREG SANOBA	DIRECTOR	5.00	Director	$0	$0	$0
ROGER SNYDER	DIRECTOR	5.00	Director	$0	$0	$0
ALAINA SOUTHERN	DIRECTOR	5.00	Director	$0	$0	$0
KAREN VOLKMANN	DIRECTOR	5.00	Director	$0	$0	$0
KELSEY ELMHORST WESCHE	DIRECTOR	5.00	Director	$0	$0	$0
NATALIE WILSON	DIRECTOR	5.00	Director	$0	$0	$0
RACHEL CASHDOLLAR	BOARD CHAIR	5.00	Officer	$0	$0	$0
ANGEL DAVIS	SECRETARY	5.00	Officer	$0	$0	$0
TERRY HAMILTON	VICE CHAIR	5.00	Officer	$0	$0	$0
ANNIE SULLIVAN	TREASURER	5.00	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
2025	$3,454,966	$2,220,972	$6,649,050	$1,233,994
2024	$3,046,140	$2,027,257	$5,198,003	$1,018,883
2024	$3,046,140	$2,027,257	$5,198,003	$1,018,883
2023	$2,687,924	$1,837,538	$4,036,809	$850,386
2022	$2,184,960	$1,648,508	$3,149,518	$536,452
2021	$2,133,485	$1,626,157	$2,785,254	$507,328
2020	$1,733,939	$1,612,408	$2,133,768	$121,531
2019	$1,464,399	$1,625,324	$1,989,647	$-160,925

VOLUNTEERS IN SERVICE TO THE ELDERLY INC