SOMERVELL COUNTY COMMITTEE ON AGING INC (EIN 751546789) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

JERRY WAIT

Phone

2548972139

Tax Period

2023-10-01 to 2024-09-30

SOMERVELL COUNTY COMMITTEE ON AGING INC, founded in 1976, is a small nonprofit in the Human Services sector that reported $847K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $138K, a strong 16% operating margin.

Mission

TO SERVE THE ELDERLY OF SOMERVELL COUNTY, TX PROVIDING INFORMATION ON AGING AND ASSISTING FAMILY AND FRIENDS WHO CARE FOR OLDER CITIZENS, WITH EMPHASIS ON MINORITY AND LOW INCOME PERSONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $802,056

Program Service Revenue $32,905

Investment Income $10,645

Other Revenue $961

TOTAL REVENUE $846,567

Expense Breakdown

Grants Paid $0

Salaries & Benefits $402,156

Fundraising Expenses $0

Program Expenses $562,646

Other Expenses $306,606

TOTAL EXPENSES $708,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$846,567	$781,413	+0.1%
Expenses	$708,762	$643,227	+0.1%
Net Income	$137,805	$138,186	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
JERRY WAIT	CHAIRMAN	2.00	Officer Director	$0	$0	$0
LINDA SHAW	ADVISOR	1.00	Director	$0	$0	$0
JOHN STOUT	ADVISOR	1.00	Director	$0	$0	$0
DWAIN SANDLIN	DIRECTOR	1.00	Director	$0	$0	$0
EVERETT STATLER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE ADIN	ADVISOR	1.00	Director	$0	$0	$0
BARBARA INGRAM	ADVISOR	1.00	Director	$0	$0	$0
JOYCE SELBY	ADVISOR	1.00	Director	$0	$0	$0
LINDA MCARTHUR	SECRETARY	2.00	Officer Director	$0	$0	$0
JENNY GEARHART	DIRECTOR	1.00	Director	$0	$0	$0
GLENDA RASMUSSEN	DIRECTOR	1.00	Director	$0	$0	$0
DWIN STAPLES	DIRECTOR	1.00	Director	$0	$0	$0
T J WALKER	DIRECTOR	1.00	Director	$0	$0	$0
LOU COCITA	ADVISOR	1.00	Director	$0	$0	$0
NANCY ISBELL	ADVISOR	1.00	Director	$0	$0	$0
LYNN MCBETH	ADVISOR	1.00	Director	$0	$0	$0
WALTER MAYNARD	ADVISOR	1.00	Director	$0	$0	$0
ROSIE MIMMS	ADVISOR	1.00	Director	$0	$0	$0
CONNIE SCOTT	ADVISOR	1.00	Director	$0	$0	$0
DALE WALKER	ADVISOR	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	$846,567	$708,762	$726,799	$137,805
2023	$781,413	$643,227	$631,112	$138,186
2022	$665,633	$619,498	$491,964	$46,135
2020	$551,913	$488,788	$349,185	$63,125
2019	$506,146	$516,701	$283,769	$-10,555
2018	$505,068	$496,425	$291,010	$8,643

SOMERVELL COUNTY COMMITTEE ON AGING INC