Golden Age Council Inc

EIN: 840571861 501(c)(3) Human Services

Canon City, CO

Total Revenue
$593,326
Total Expenses
$470,575
Total Assets
$623,585
Net Assets
$605,606
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
CO
Principal Officer
Mack Word
Phone
7192755177
Tax Period
2025-01-01 to 2025-12-31

Golden Age Council Inc, founded in 1961, is a small nonprofit in the Human Services sector that reported $593K in total revenue in fiscal year 2025. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $123K, a strong 21% operating margin.

Mission

To provide activities, meals, a meeting place and transportation services for senior citizens and all residents of the community. The organization relies heavily on volunteers who gave approximately 4,493 hours in 2025.

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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 (2025)

Revenue Breakdown

Contributions & Grants $551,388
Program Service Revenue $17,873
Investment Income $19,233
Other Revenue $4,832
TOTAL REVENUE $593,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $254,640
Fundraising Expenses $0
Program Expenses $470,575
Other Expenses $215,935
TOTAL EXPENSES $470,575

Year-over-Year Comparison

2025 2024 Change
Revenue $593,326 $378,481 +0.6%
Expenses $470,575 $403,337 +0.2%
Net Income $122,751 $-24,856 -5.9%
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

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Governance

Voting Members
13
Independent Members
13
Employees
9
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
4
$0
Total Directors
13
$48,000
Key Employees
1
$48,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mack Word Executive director 040.00
Director Key Emp
$48,000 $0 $48,000
Bryce Nelson Vice President 002.00
Officer Director
$0 $0 $0
Dorene Mitchell Member 002.00
Director
$0 $0 $0
Laura Ricord Secretary 002.00
Officer Director
$0 $0 $0
Diane Chipperfield Member 002.00
Director
$0 $0 $0
Pam Gaunt Secretary 002.00
Officer Director
$0 $0 $0
Phyllis Baden Member 002.00
Director
$0 $0 $0
Regina Usnick Treasurer 002.00
Officer Director
$0 $0 $0
Eugene Barrington Member 002.00
Director
$0 $0 $0
Ruth Farmer Member 002.00
Director
$0 $0 $0
Jake Francis Member 002.00
Director
$0 $0 $0
Pamela Simmons Member 002.00
Director
$0 $0 $0
Jennifer Trenhaile Member 002.00
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
2025 $593,326 $470,575 $623,585 $122,751
2024 No data No data No data No data
2023 $456,624 $410,595 $496,923 $46,029
2022 $513,276 $382,843 $466,123 $130,433
2022 $513,276 $382,843 $444,312 $130,433
2021 $379,657 $426,381 $360,888 $-46,724
2020 $438,740 $422,406 $368,959 $16,334
2019 $393,874 $386,476 $336,029 $7,398
2018 $289,688 $337,797 $317,395 $-48,109
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