MEMPHIS & SHELBY COUNTY COUNCIL ON AGING INC (EIN 621141978) - 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

1976

Legal Domicile

Principal Officer

JEFF HANOVER

Phone

9017300528

Tax Period

2023-01-01 to 2023-12-31

MEMPHIS & SHELBY COUNTY COUNCIL ON AGING INC, founded in 1976, is a small nonprofit in the Community Improvement sector that reported $119K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 20% operating margin.

Mission

THE PROFESSIONAL NETWORK ON AGING (PNA) LINKS INDIVIDUALS AND PROFESSIONAL ORGANIZATIONS SERVING SENIORS TO PROMOTE PROFESSIONAL DEVELOPMENT AND ELEVATE THE QUALITY OF LIFE IN THE MID-SOUTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $22,470

Program Service Revenue $95,504

Investment Income $155

Other Revenue $849

TOTAL REVENUE $118,978

Expense Breakdown

Grants Paid $3,200

Salaries & Benefits $25,181

Fundraising Expenses $0

Program Expenses $84,456

Other Expenses $66,453

TOTAL EXPENSES $94,834

Year-over-Year Comparison

	2023	2022	Change
Revenue	$118,978	$91,423	+0.3%
Expenses	$94,834	$102,536	-0.1%
Net Income	$24,144	$-11,113	-3.2%

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

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	Role	Reportable Comp	Other Comp	Total
ANDREW VETETO	DIRECTOR	Director	$0	$0	$0
CHRIS KNUDSEN	DIRECTOR	Director	$0	$0	$0
DENISE HAMBY	CO-CHAIR	Director	$0	$0	$0
DAN LUND	VP MARKETING	Officer Director	$0	$0	$0
DENISE WARD	DIRECTOR	Director	$0	$0	$0
DONNA ROACH	PRESIDENT	Officer Director	$0	$0	$0
JAN HAMILTON	TREASURER	Officer Director	$0	$0	$0
JEFF HANOVER	VP PROGRAMS	Officer Director	$0	$0	$0
JUDY HALL	DIRECTOR	Officer Director	$0	$0	$0
KENNY HUTTO	DIRECTOR	Director	$0	$0	$0
KRISTI OWENS	SECRETARY	Officer Director	$0	$0	$0
LISA SHURDEN	PAST PRESIDENT	Director	$0	$0	$0
LYNN DOYLE	DIRECTOR	Director	$0	$0	$0
SHERI WAMMACK	DIRECTOR	Director	$0	$0	$0
WILLIAM MITCHUM	VP MEMBERSHIP	Officer Director	$0	$0	$0
MARY GILLESPIE	DIRECTOR	Director	$0	$0	$0
JOHN GOLDIN	DIRECTOR	Director	$0	$0	$0
KRISTINA JONES	DIRECTOR	Director	$0	$0	$0
GENELL HOLLOWAY	DIRECTOR	Director	$0	$0	$0
KELLY INMAN	DIRECTOR	Director	$0	$0	$0
JULIE TRAYAL	DIRECTOR	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$118,978	$94,834	$79,416	$24,144
2022	$91,423	$102,536	$55,511	$-11,113
2021	$40,882	$67,769	$66,656	$-26,887
2020	$37,662	$82,648	$90,944	$-44,986
2019	$116,664	$108,492	$134,551	$8,172
2018	$112,921	$103,584	$126,379	$9,337

MEMPHIS & SHELBY COUNTY COUNCIL ON AGING INC