GOLDEN AGE SENIOR CITIZENS CENTER (EIN 620943035) - 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

1974

Legal Domicile

Principal Officer

NANCY CATES

Phone

7317722438

Tax Period

2024-07-01 to 2025-06-30

GOLDEN AGE SENIOR CITIZENS CENTER, founded in 1974, is a micro nonprofit that reported $59K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $73K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE ORGANIZATIONS' MISSION IS TO PROVIDE COMPANIONSHIP, ENTERTAINMENT, AND SOCIAL OPPORTUNITY FOR PEOPLE AGE 60 AND OVER, AS WELL AS SELF-EXPRESSION IN GOOD CITIZENSHIP REGARDLESS OF RACE, COLOR, OR ETHNIC BACKGROUND. IT IS ALSO A FOCAL POINT FOR DELIVERY OF BASIC SERVICES.

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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 $51,056

Program Service Revenue $8,076

Investment Income $0

Other Revenue $0

TOTAL REVENUE $59,132

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,862

Fundraising Expenses $0

Program Expenses $39,688

Other Expenses $41,388

TOTAL EXPENSES $73,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$59,132	$70,259	-0.2%
Expenses	$73,250	$78,755	-0.1%
Net Income	$-14,118	$-8,496	+0.7%

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

N/A

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
NANCY CATES	EXECUTIVE DI	N/A	Director	$0	$0	$0
ROBERT CONNERLEY	VICE CHAIRMA	N/A	Director	$0	$0	$0
EMMA DELK	DIRECTOR	N/A	Director	$0	$0	$0
SONNY HOWSE	CHAIRMAN	N/A	Director	$0	$0	$0
CHARLES JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
RAY JONES	DIRECTOR	N/A	Director	$0	$0	$0
DAVID LIVINGSTON	DIRECTOR	N/A	Director	$0	$0	$0
BILL RAWLS	DIRECTOR	N/A	Director	$0	$0	$0
DARE SIMPSON	DIRECTOR	N/A	Director	$0	$0	$0
STEVE SMITH	DIRECTOR	N/A	Director	$0	$0	$0
JERILYN THORNTON	DIRECTOR	N/A	Director	$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	$59,132	$73,250	$31,747	$-14,118
2024	$70,259	$78,755	$45,865	$-8,496
2023	$81,273	$87,805	$54,361	$-6,532
2022	$68,321	$58,616	$60,893	$9,705
2021	$76,097	$54,128	$51,188	$21,969
2020	$52,074	$50,410	$29,219	$1,664
2019	$53,309	$52,616	$27,896	$693

GOLDEN AGE SENIOR CITIZENS CENTER