SENIOR LIFE MIDLAND INC (EIN 751899190) - 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

1982

Legal Domicile

Principal Officer

Kathleen Kirwan Haynie

Phone

4326896693

Tax Period

2023-01-01 to 2023-12-31

SENIOR LIFE MIDLAND INC, founded in 1982, is a community nonprofit in the Human Services sector that reported $7.3M in total revenue in fiscal year 2023. The organization ran a surplus of $4.1M, a strong 56% operating margin.

Mission

Provide and administer services for seniors of Midland through programs such as Meals on Wheels, Foster Grandparents, SeniorCompanions, Retired Senior Volunteers, and Homebound Services.

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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 $6,338,629

Program Service Revenue $0

Investment Income $39,619

Other Revenue $940,216

TOTAL REVENUE $7,318,464

Expense Breakdown

Grants Paid $67,653

Salaries & Benefits $1,905,027

Fundraising Expenses $95,398

Program Expenses $2,366,554

Other Expenses $1,245,766

TOTAL EXPENSES $3,218,446

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,318,464	$6,905,897	+0.1%
Expenses	$3,218,446	$3,057,177	+0.1%
Net Income	$4,100,018	$3,848,720	+0.1%

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

1500

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

$274,797

Total Directors

Key Employees

$171,684

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN KIRWAN-HAYNIE	Executive director	040.00	Officer Key Emp	$163,488	$8,196	$171,684
WENDY LYNSKEY	Finance director	040.00	Officer	$90,613	$12,500	$103,113
ERIC GRIFFIN	Board President	002.00	Officer Director	$0	$0	$0
DEAN BYROM	Administration VP	002.00	Officer Director	$0	$0	$0
ZAHIR NOORMOHAMED	Finance VP	002.00	Officer Director	$0	$0	$0
JAY HENDRICKS	Resource Develpment VP	002.00	Officer Director	$0	$0	$0
ANDY SHAFFER	Secretary	002.00	Officer Director	$0	$0	$0
TOMMY REYNOLDS	Past President	002.00	Officer Director	$0	$0	$0
STEPHEN BOWERMAN	Director	001.00	Director	$0	$0	$0
ADRIAN CARRASCO	Director	001.00	Director	$0	$0	$0
JAMES HAEST	Director	001.00	Director	$0	$0	$0
BLANE HEFLIN	Director	001.00	Director	$0	$0	$0
PAT HENDERSON	Director	001.00	Director	$0	$0	$0
BOB MCNAUGHTON	Director	001.00	Director	$0	$0	$0
JOHN MOESCH	Director	001.00	Director	$0	$0	$0
CHRIS NOLAN	Director	001.00	Director	$0	$0	$0
MELODY PRICHARD	Director	001.00	Director	$0	$0	$0
ORLAND PURCELL	Director	001.00	Director	$0	$0	$0
THERESA RODRIGUEZ	Director	001.00	Director	$0	$0	$0
DR ROBERT SHEETS	Director	001.00	Director	$0	$0	$0
LIN TURNER	Director	001.00	Director	$0	$0	$0
TRAVIS WHITE	Director	001.00	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	No data	No data	No data	No data
2023	$7,318,464	$3,218,446	$26,533,678	$4,100,018
2022	$6,905,897	$3,057,177	$21,684,844	$3,848,720
2021	$11,750,744	$2,580,875	$18,661,451	$9,169,869
2020	$3,397,602	$2,954,255	$9,254,146	$443,347
2019	$3,059,395	$3,034,848	$7,755,594	$24,547

SENIOR LIFE MIDLAND INC