AMARILLO SENIOR CITIZENS ASSOCIATION (EIN 751427812) - 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

1973

Legal Domicile

Principal Officer

TOM SCHERLEN

Phone

8063745500

Tax Period

2024-01-01 to 2024-12-31

AMARILLO SENIOR CITIZENS ASSOCIATION, founded in 1973, is a micro nonprofit that reported $10K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $15K exceeded revenue, resulting in a 49% operating deficit.

Mission

AMARILLO SENIOR CITIZENS ASSOCIATION'S MISSION IS TO HELP SENIOR CITIZENS MAINTAIN INDEPENDENCE, WELLNESS, AND QUALITY OF LIFE THROUGH PROGRAMS AND SERVICES THAT MEET THEIR PRESENT AND FUTURE NEEDS.

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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 $5,184

Program Service Revenue $0

Investment Income $4,327

Other Revenue $300

TOTAL REVENUE $9,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $14,585

TOTAL EXPENSES $14,585

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,811	$206,513	-1.0%
Expenses	$14,585	$16,934	-0.1%
Net Income	$-4,774	$189,579	-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

N/A

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
BARBARA CROMER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BILL HOY	MEMBER	2.00	Director	$0	$0	$0
CINDY PRICE	MEMBER	1.00	Director	$0	$0	$0
DEBBIE TURLEY	MEMBER	3.00	Director	$0	$0	$0
DON COLLINS	MEMBER	1.00	Director	$0	$0	$0
JUDY JACKMAN	MEMBER	1.00	Director	$0	$0	$0
SHERRIE FERGUSON	MEMBER	2.00	Director	$0	$0	$0
LANELL BERRY	SECRETARY	2.00	Officer Director	$0	$0	$0
LEN WALKER	MEMBER	0.00	Director	$0	$0	$0
TOM SCHERLEN	PRESIDENT	8.00	Officer Director	$0	$0	$0
KENNY BATES	MEMBER	1.00	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	$9,811	$14,585	$348,851	$-4,774
2023	$206,513	$16,934	$353,625	$189,579
2022	$35,471	$88,452	$164,046	$-52,981
2020	$212,824	$230,061	$338,530	$-17,237

AMARILLO SENIOR CITIZENS ASSOCIATION