FRIENDS OF ELDER CITIZENS

EIN: 742177168 501(c)(3) Human Services

PALACIOS, TX

Total Revenue
$959,878
Total Expenses
$995,349
Total Assets
$295,841
Net Assets
$278,979
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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
1979
Legal Domicile
TX
Principal Officer
LILLIAN SMITH
Phone
3619729921
Tax Period
2023-10-01 to 2024-09-30

FRIENDS OF ELDER CITIZENS, founded in 1979, is a small nonprofit in the Human Services sector that reported $960K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

PROVIDE MEALS AND TRANSPORTATION ASSISTANCE FOR ELDERLY IN LOCAL AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $955,482
Program Service Revenue $0
Investment Income $205
Other Revenue $4,191
TOTAL REVENUE $959,878

Expense Breakdown

Grants Paid $0
Salaries & Benefits $589,066
Fundraising Expenses $0
Program Expenses $935,707
Other Expenses $406,283
TOTAL EXPENSES $995,349

Year-over-Year Comparison

2023 2022 Change
Revenue $959,878 $1,035,572 -0.1%
Expenses $995,349 $1,013,927 0.0%
Net Income $-35,471 $21,645 -2.6%
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
3
Independent Members
3
Employees
26
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DRLILLIAN SMITH PRESIDENT 1.00
Officer
$0 $0 $0
DONNA COLEMAN VICE PRESIDENT 1.00
Officer
$0 $0 $0
EMILY GARCIA SECRETARY 1.00
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
2024 $959,878 $995,349 $295,841 $-35,471
2023 $1,035,572 $1,013,927 $305,558 $21,645
2022 $478,518 $646,200 $388,442 $-167,682
2021 $1,048,784 $905,515 $569,563 $143,269
2020 $923,277 $801,971 $544,883 $121,306
2018 $825,207 $828,949 $419,839 $-3,742
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