NEDERLAND AREA SENIORS INC (EIN 841363334) - 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

1997

Legal Domicile

Principal Officer

GUY FALSETTI

Phone

3032580799

Tax Period

2024-01-01 to 2024-12-31

NEDERLAND AREA SENIORS INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $136K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $161K exceeded revenue, resulting in a 19% operating deficit.

Mission

ASSIST SENIOR CITIZENS IN ENHANCING THEIR QUALITY OF LIFE, ENABLING THEM TO LIVE A LIFE OF RESPECT AND HONOR.

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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 $42,694

Program Service Revenue $60,236

Investment Income $29,135

Other Revenue $3,975

TOTAL REVENUE $136,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,520

Fundraising Expenses $375

Program Expenses $121,863

Other Expenses $72,898

TOTAL EXPENSES $161,418

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,040	$197,792	-0.3%
Expenses	$161,418	$200,394	-0.2%
Net Income	$-25,378	$-2,602	+8.8%

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

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
SUSAN KELLY	MEMBER	2.00	Director	$0	$0	$0
MARK STRINGFELLOW	MEMBER	2.00	Director	$0	$0	$0
REBA MITCHELL	EXECUTIVE DIRECTOR	20.00	Director	$0	$0	$0
JIM HUBBARD	MEMBER	2.00	Officer Director	$0	$0	$0
BARBARA DAVIS	MEMBER	2.00	Director	$0	$0	$0
JAMES NAVRATIL	MEMBER	2.00	Director	$0	$0	$0
GUY FALSETTI	PRESIDENT	3.00	Officer	$0	$0	$0
MARGARET FREEMAN	VICE PRESIDENT	2.00	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
2024	$136,040	$161,418	$254,561	$-25,378
2023	$197,792	$200,394	$289,214	$-2,602
2022	$166,476	$197,985	$277,780	$-31,509
2021	$188,216	$179,421	$305,374	$8,795
2020	$306,868	$152,212	$296,257	$154,656

NEDERLAND AREA SENIORS INC