POSITIVEAGE

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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

Principal Officer

MELISSA ANDREWS

Phone

8049252540

Tax Period

2022-07-01 to 2023-06-30

POSITIVEAGE is a micro nonprofit in the Human Services sector that reported $62K in total revenue in fiscal year 2022. The organization ran a surplus of $57K, a strong 92% operating margin.

Mission

TRANSFORMING THE AGING EXPERIENCE IN VIRGINIA BY SECURING FUNDS TO BUILD COALITIONS AND DEVELOP INNOVATIVE SOLUTIONS TO PROMOTE POSITIVE AGING.

Program Service Accomplishments

Program 1

RVA VOICES FOR OLDER ADULT ADVOCACY - COLLABORATION OF A DIVERSE GROUP OF NONPROFIT ORGANIZATIONS IN THE RICHMOND AREA TO EXPLORE PUBLIC POLICY AND ADVOCACY NEEDS AND DESIRES.

Program 2

FOOD JUSTICE FOR OLDER ADULTS IN THE RICHMOND REGION - TO SUPPORT ADVOCACY FOR POLICIES AND/OR LEGISLATION THAT WILL EASE THE IMPACT OF REDUCED SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM BENEFITS FOR...

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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 (2022)

Revenue Breakdown

Contributions & Grants $61,957

Program Service Revenue $0

Investment Income $0

Other Revenue $33

TOTAL REVENUE $61,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,971

TOTAL EXPENSES $4,971

Year-over-Year Comparison

	2022	2021	Change
Revenue	$61,990	N/A	N/A
Expenses	$4,971	N/A	N/A
Net Income	$57,019	N/A	N/A

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

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
DAVID ABRAHAM	DIRECTOR	0.10	Director	$0	$0	$0
MELISSA ANDREWS	EXECUTIVE DI	0.10	Officer Director	$0	$0	$0
GLEN BERKEL	DIRECTOR	0.10	Director	$0	$0	$0
JOHN BURNS	TREASURER	0.10	Officer Director	$0	$0	$0
CARRIE DAVIS	DIRECTOR	0.10	Director	$0	$0	$0
HEATHER GEARHART	VICE CHAIR	0.10	Officer Director	$0	$0	$0
MARTA HILL GRAY	DIRECTOR	0.10	Director	$0	$0	$0
TRACEY JENNINGS	DIRECTOR	0.10	Director	$0	$0	$0
COURTNEY NUZZO	SECRETARY	0.10	Officer Director	$0	$0	$0
SCOTT RICHARDSON	DIRECTOR	0.10	Director	$0	$0	$0
ANDREA STASKIEL	DIRECTOR	0.10	Director	$0	$0	$0
GREG STORER	CHAIR	0.10	Officer Director	$0	$0	$0
BEN UNKLE	DIRECTOR	0.10	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
2023	$61,990	$4,971	$58,386	$57,019