FOUNDATION FOR SENIOR CITIZENS INC (EIN 840530388) - 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

1964

Legal Domicile

Principal Officer

MATT SMITH

Phone

9702426682

Tax Period

2024-07-01 to 2025-06-30

FOUNDATION FOR SENIOR CITIZENS INC, founded in 1964, is a small nonprofit that reported $238K in total revenue in fiscal year 2024. Expenses of $217K left a modest 9% surplus.

Mission

ORIGINGALLY A HUD PROJECT. HUD LOAN PAID OFF. ENTITY IS NOW OPERATING ON ITS OWN, BUT STILL RENTS ONLY TO ELDERLY INDIVIDUAL USING HUD GUIDELINES FOR ELIGIBLITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $213,483

Investment Income $6,591

Other Revenue $18,055

TOTAL REVENUE $238,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $68,609

Fundraising Expenses $0

Program Expenses $190,820

Other Expenses $148,880

TOTAL EXPENSES $217,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$238,129	$236,193	+0.0%
Expenses	$217,489	$200,634	+0.1%
Net Income	$20,640	$35,559	-0.4%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BALLAGH	DIRECTOR	0.50	Director	$0	$0	$0
GORDON BARKER	DIRECTOR	0.50	Director	$0	$0	$0
TREVOR JOHNSON	SEC / TREAS	0.50	Director	$0	$0	$0
KIRK KNOWLES	VICE PRESIDE	0.50	Director	$0	$0	$0
PAM PARIS	DIRECTOR	0.50	Director	$0	$0	$0
MATT SMITH	PRESIDENT	0.50	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
2025	$238,129	$217,489	$832,483	$20,640
2024	$236,193	$200,634	$808,465	$35,559
2023	$222,336	$241,089	$745,685	$-18,753
2022	$225,121	$190,244	$849,518	$34,877
2021	$222,627	$196,373	$1,005,063	$26,254
2020	$211,423	$202,650	$990,100	$8,773
2019	$215,854	$196,184	$987,009	$19,670

FOUNDATION FOR SENIOR CITIZENS INC