SENIORS' RESOURCE CENTER INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

CHRIS LYNN

Phone

3032388151

Tax Period

2024-01-01 to 2024-12-31

SENIORS' RESOURCE CENTER INC, founded in 1982, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Net assets of $12.0M represent 35 months of operating reserves.

Mission

THE SENIORS' RESOURCE CENTER (THE ORGANIZATION) IS A COLORADO NONPROFIT ORGANIZATION AND A COMMUNITY PARTNER PROVIDING PERSON-FOCUSED, COORDINATED SERVICES TO ENHANCE INDEPENDENCE, DIGNITY AND QUALITY OF LIFE.

Program Service Accomplishments

Program 1

Expenses: $1,823,677 Revenue: $1,455,052

COMMUNITY SERVICES: 1) IN-HOME CARE - PROVIDE CARE TO "HOME AND COMMUNITY BASED SERVICE" ELIGIBLE SENIORS TO ENABLE THEM TO STAY IN THEIR HOME RATHER THAN BEING INSTITUTIONALIZED. CAREGIVERS PROVIDE SERVICES SUCH AS PERSONAL CARE, MINOR TREATMENT, NUTRITION AND LIGHT HOUSEKKEEPING. 2) CARE MANAGEMENT - LICENSED OR DEGREED M.S.W. AND TRAINED STAFF PROVIDE INFORMATION AND REFERRALS, EMERGENCY AND VICTIM'S ASSISTANCE AND COUNSELING TO SENIORS INCLUDING TRAINED VOLUNTEERS WHO SERVE AS PEER COUNSELORS FOR SENIORS EXPERIENCING ADJUSTMENT OR EMOTIONAL PROBLEMS.

Program 2

Expenses: $1,957,438 Revenue: $1,641,968

ADULT DAY & RESPITE CARE SERVICE - ADULT DAYCARE FOR SENIORS REQUIRING SPECIAL ATTENTION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,545,216

Program Service Revenue $415,210

Investment Income $216,761

Other Revenue $-37,897

TOTAL REVENUE $4,139,290

Expense Breakdown

Grants Paid $336,960

Salaries & Benefits $2,920,571

Fundraising Expenses $0

Program Expenses $3,781,115

Other Expenses $1,259,683

TOTAL EXPENSES $4,517,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,139,290	$4,647,855	-0.1%
Expenses	$4,517,214	$4,646,116	0.0%
Net Income	$-377,924	$1,739	-218.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$208,321

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ED HAFNER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
RASHELLE SHONE	TREASURER	2.00	Officer Director	$0	$0	$0
JESSICA DUNBAR	CHAIR	1.00	Director	$0	$0	$0
LITA GIL-SMITH	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
ROCHELLE FLAYTER	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS LYNN	CEO	40.00	Officer	$200,220	$8,101	$208,321
KEVIN LARSON	PRESIDENT/ARCHITECT	40.00	Officer	$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	No data	No data	No data	No data
2024	$4,139,290	$4,517,214	$12,293,665	$-377,924
2023	$4,647,855	$4,646,116	$12,703,496	$1,739
2022	$4,780,080	$4,581,889	$12,597,750	$198,191
2021	$6,452,054	$4,604,191	$12,607,515	$1,847,863
2020	$7,382,551	$7,805,025	$12,894,079	$-422,474
2019	$12,428,060	$11,646,613	$14,436,918	$781,447
2018	$9,465,903	$10,626,044	$12,783,151	$-1,160,141