GOLDEN AGE INC

EIN: 640339632 501(c)(3)

GREENWOOD, MS

Total Revenue
$10,686,177
Total Expenses
$10,360,573
Total Assets
$15,548,143
Net Assets
$14,473,809
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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
1954
Legal Domicile
MS
Principal Officer
TABATHA WATKINS
Phone
6624536323
Tax Period
2024-01-01 to 2024-12-31

GOLDEN AGE INC, founded in 1954, is a mid-sized nonprofit that reported $10.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $10.4M left a modest 3% surplus.

Mission

PATIENT CARE FOR THE AGED

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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 $0
Program Service Revenue $10,018,776
Investment Income $428,181
Other Revenue $239,220
TOTAL REVENUE $10,686,177

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,310,988
Fundraising Expenses $0
Program Expenses $9,615,403
Other Expenses $4,049,585
TOTAL EXPENSES $10,360,573

Year-over-Year Comparison

2024 2023 Change
Revenue $10,686,177 $11,410,423 -0.1%
Expenses $10,360,573 $9,922,536 +0.0%
Net Income $325,604 $1,487,887 -0.8%
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
14
Independent Members
12
Employees
216
Volunteers
30

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
5
$116,951
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE WARE NURSE PRACTI 40.00
Highest
$112,281 $17,729 $130,010
VALERIE RICHARDSON NURSE 40.00
Highest
$106,483 $15,939 $122,422
TABATHA WATKINS ADMINISTRATO 40.00
Officer
$103,015 $13,936 $116,951
TYNISHA STANSBERRY NURSE 40.00
Highest
$100,701 $11,530 $112,231
JOHN BEARD BOARD MEMBER 1.00
Director
$0 $0 $0
REV CALVIN COLLIN 2ND VICE PRE 1.00
Officer Director
$0 $0 $0
DWIGHT DUNN BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY GRANTHAM BOARD MEMBER 1.00
Director
$0 $0 $0
ALLAN HAMMONS BOARD MEMBER 1.00
Director
$0 $0 $0
ABBY JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD KIMMEL BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINE LYMON BOARD MEMBER 1.00
Director
$0 $0 $0
BARRY MAKAMSON BOARD MEMBER 1.00
Director
$0 $0 $0
GAY MOSS 1ST VICE PRE 1.00
Officer Director
$0 $0 $0
RUSSELL ROBERTSON PRESIDENT 2.00
Officer Director
$0 $0 $0
TIM STANCIEL BOARD MEMBER 1.00
Director
$0 $0 $0
LEROY WARE BOARD MEMBER 1.00
Director
$0 $0 $0
GRACE WHITES TREASURER 1.00
Officer 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
2024 $10,686,177 $10,360,573 $15,548,143 $325,604
2023 $11,410,423 $9,922,536 $16,044,470 $1,487,887
2022 $10,994,787 $10,660,427 $14,536,863 $334,360
2021 $11,163,899 $10,936,203 $15,675,602 $227,696
2020 $12,047,591 $11,955,079 $15,724,019 $92,512
2019 $13,043,423 $12,034,321 $13,999,687 $1,009,102
2018 $12,658,911 $12,084,375 $12,964,441 $574,536
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