SENIOR BENEFITS FOUNDATION

EIN: 813465847 501(c)(3) Education

Nashville, TN

Total Revenue
$183,468
Total Expenses
$183,491
Total Assets
$815
Net Assets
$815
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TN
Phone
6158444244
Tax Period
2019-01-01 to 2019-12-31

SENIOR BENEFITS FOUNDATION, founded in 2016, is a small nonprofit in the Education sector that reported $183K in total revenue in fiscal year 2019. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

WE COMMUNICATE WITH SENIORS AGE 60 TO 64 INFORMING THEM OF OUR FREE SERVICE THAT PROVIDES INFORMATIONAL LITERATURE TO HELP THEM UNDERSTAND AND CHOOSE THE APPROPRIATE OPTIONS FOR THE SOCIAL SECURITY AND MEDICARE PROGRAMS. WE MAIL LETTERS TO THESE PEOPLE INFORMING THEM OF OUR PROGRAM AVAILABILITY. WE ALSO CONDUCT SEMINARS AT PUBLIC LIBRARIES UNDER THE PROGRAM NAME "SOCIAL SECURITY LIBRARY LEARNING.

Program Service Accomplishments

Program 1
Expenses: $183,347 Revenue: $0

WE SEND DIRECT MAIL LETTERS TO PEOPLE AGE 60 TO 64, OFFERING TO PROVIDE THEM WITH A 40-PAGE HANDBOOK OF INFORMATION CONCERNING THE FEDERAL SOCIAL SECURITY AND MEDICARE PROGRAMS. IN THIS BOOK, WE...

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WE SEND DIRECT MAIL LETTERS TO PEOPLE AGE 60 TO 64, OFFERING TO PROVIDE THEM WITH A 40-PAGE HANDBOOK OF INFORMATION CONCERNING THE FEDERAL SOCIAL SECURITY AND MEDICARE PROGRAMS. IN THIS BOOK, WE EXPLAIN THEIR CHOICES USING SIMPLE ENGLISH, WRITTEN AT A 5TH GRADE READING LEVEL. THIS IS FAR EASIER FOR THEM TO UNDERSTAND THAN THE COMPLICATED GOVERNMENT PUBLICATIONS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $183,468
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $183,468

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,819
Fundraising Expenses $0
Program Expenses $183,347
Other Expenses $136,672
TOTAL EXPENSES $183,491

Year-over-Year Comparison

2019 2018 Change
Revenue $183,468 $167,465 +0.1%
Expenses $183,491 $166,627 +0.1%
Net Income $-23 $838 -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

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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
1
Employees
3
Volunteers
5

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
1
$27,000
Total Directors
2
$0
Key Employees
1
$27,000
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTOR GEORGE PUTALA TREASURER 2
Director
$0 $0 $0
VERONICA ANNA PUTALA SECRETARY 1
Director
$0 $0 $0
RANDOLPH JOHN PUTALA CEO 40
Officer Key Emp Highest
$27,000 $0 $27,000
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
2019 $183,468 $183,491 $815 $-23
2018 $167,465 $167,465 $838 No data
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