MAGOFFIN COUNTY SENIOR CITIZENS INC (EIN 611161769) - 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

1989

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

MAGOFFIN COUNTY SENIOR CITIZENS INC, founded in 1989, is a small nonprofit in the Human Services sector that reported $273K in total revenue in fiscal year 2022. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $238K left a modest 13% surplus.

Mission

To enable those over the age of sixty to live independently in their own homes for as long as possible. To provide Meals/Transportation for Senior Citizens.

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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 (2022)

Revenue Breakdown

Contributions & Grants $65,008

Program Service Revenue $208,152

Investment Income $0

Other Revenue $0

TOTAL REVENUE $273,160

Expense Breakdown

Grants Paid $0

Salaries & Benefits $136,618

Fundraising Expenses $2,949

Program Expenses $207,260

Other Expenses $100,995

TOTAL EXPENSES $237,613

Year-over-Year Comparison

	2022	2021	Change
Revenue	$273,160	$210,941	+0.3%
Expenses	$237,613	$203,833	+0.2%
Net Income	$35,547	$7,108	+4.0%

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

$42,830

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARLENE HOWARD	EXEC DIR	40.00	Director Highest	$31,120	$11,710	$42,830
PHYLLIS ADAMS	BOARD MEMBER	2.00	Officer	$0	$0	$0
WALTER FITZPATRICK	BOARD MEMBER	2.00	Officer	$0	$0	$0
JOHNNA PRATER	SECRETARY-TREASURER	2.00	Officer	$0	$0	$0
NELLIE ARNETT	BOARD MEMBER	2.00	Officer	$0	$0	$0
JOANN ARNETT	VICE-CHAIR	2.00	Officer	$0	$0	$0
LINDA PRATER	BOARD MEMBER	2.00	Officer	$0	$0	$0
RUSSELL SPARKS	CHAIRPERSON	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$273,160	$237,613	$285,346	$35,547
2022	$210,941	$203,833	$249,440	$7,108
2021	$246,234	$187,334	$245,293	$58,900

MAGOFFIN COUNTY SENIOR CITIZENS INC