GOLDEN HOUR SENIOR CENTER INC (EIN 830231618) - 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

1971

Legal Domicile

Principal Officer

JOHN FREEMAN

Phone

3078723223

Tax Period

2023-10-01 to 2024-09-30

GOLDEN HOUR SENIOR CENTER INC, founded in 1971, is a small nonprofit in the Human Services sector that reported $845K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $800K left a modest 5% surplus.

Mission

TO FUNCTION AS A MEETING PLACE FOR OUR SENIOR CITIZENS AND ONE IN WHICH ALL CITIZENS ARE WELCOME.

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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 $793,491

Program Service Revenue $41,524

Investment Income $9,200

Other Revenue $689

TOTAL REVENUE $844,904

Expense Breakdown

Grants Paid $0

Salaries & Benefits $326,176

Fundraising Expenses $2,162

Program Expenses $670,065

Other Expenses $473,436

TOTAL EXPENSES $799,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$844,904	$892,229	-0.1%
Expenses	$799,612	$831,259	0.0%
Net Income	$45,292	$60,970	-0.3%

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

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

$61,070

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHY McCORMICK	PRESIDENT	2.00	Officer Director	$0	$0	$0
VIVIAN SHEDDEN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN FREEMAN	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
MARK PLEASANT	MEMBER	1.00	Director	$0	$0	$0
ARON BRADY	MEMBER	1.00	Director	$0	$0	$0
GAYLE BACILA	MEMBER	1.00	Director	$0	$0	$0
GAIL HEIKKINEN	MEMBER	1.00	Director	$0	$0	$0
STACEY NELSON	MEMBER	1.00	Director	$0	$0	$0
HELENA ALBERS	MEMBER	1.00	Director	$0	$0	$0
MARCIA DRIGGS	EX-DIRECTOR	40.00	Key Emp	$61,070	$0	$61,070

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	$844,904	$799,612	$1,110,574	$45,292
2023	$892,229	$831,259	$1,072,917	$60,970
2022	$710,977	$736,548	$1,007,501	$-25,571
2021	$780,006	$735,428	$1,037,064	$44,578
2020	$898,946	$818,803	$995,345	$80,143
2019	$692,299	$616,895	$905,090	$75,404
2018	$759,762	$709,275	$811,970	$50,487

GOLDEN HOUR SENIOR CENTER INC