SENIOR ASSISTANCE CENTER (EIN 742270678) - 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

1980

Legal Domicile

Principal Officer

GARY SCHIRMACHER

Tax Period

2023-04-01 to 2024-03-31

SENIOR ASSISTANCE CENTER, founded in 1980, is a small nonprofit that reported $209K in total revenue in fiscal year 2023. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $256K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE SENIOR ASSISTANCE CENTER PROVIDES ONE-STOP EMERGENCY SERVICES FOR SENIORS. THE ORGANIZATIONS MISSION IS TO PROMOTE THE SELF-SUFFICIENCY OF ALL SENIORS IN COLORADO AND TO ENSURE THAT NO SENIOR GOES WITHOUT THE NECESSITIES OF LIFE.

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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 $177,510

Program Service Revenue $0

Investment Income $31,303

Other Revenue $0

TOTAL REVENUE $208,813

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,777

Fundraising Expenses $20,849

Program Expenses $210,054

Other Expenses $141,236

TOTAL EXPENSES $256,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,813	$1,328,068	-0.8%
Expenses	$256,013	$242,324	+0.1%
Net Income	$-47,200	$1,085,744	-1.0%

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

$53,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN BLACK	EXECUTIVE DIRECTOR	40.00	Officer	$53,600	$0	$53,600
DAVID NILA	DIRECTOR	5.00	Director	$0	$0	$0
DAVID BOYD	DIRECTOR	5.00	Director	$0	$0	$0
KIMBERLY POLICH	DIRECTOR	5.00	Director	$0	$0	$0
CARISSA PLUMERY	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL SHEPPERD	DIRECTOR	5.00	Director	$0	$0	$0
KEN ARELLANO	DIRECTOR	5.00	Director	$0	$0	$0
GARY SCHIRMACHER	CHAIRPERSON	8.00	Officer Director	$0	$0	$0
ROBERT SPENCER	SECRETARY	5.00	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
2025	No data	No data	No data	No data
2024	$208,813	$256,013	$1,383,962	$-47,200
2023	$1,328,068	$242,324	$1,427,687	$1,085,744
2022	$185,993	$217,547	$342,644	$-31,554
2021	$214,423	$204,805	$380,511	$9,618
2020	$223,209	$210,415	$337,215	$12,794
2019	$174,827	$205,285	$319,151	$-30,458

SENIOR ASSISTANCE CENTER