SENIOR FINANCIAL AID ADVOCATES (EIN 863514332) - 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

2021

Legal Domicile

Principal Officer

MARK HASLAM

Phone

8019510500

Tax Period

2024-01-01 to 2024-12-31

SENIOR FINANCIAL AID ADVOCATES, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $231K, a strong 17% operating margin.

Mission

HELPING SENIORS WITH MEDICAL AND CARE SUPPORT AS WELL AS EDUCATE AND HELP THEM ACCESS RESOURCES AND PROVIDERS AVAILABLE TO THEM.

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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 $1,339,990

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,339,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $504,609

Fundraising Expenses $0

Program Expenses $569,502

Other Expenses $604,629

TOTAL EXPENSES $1,109,238

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,339,990	$907,994	+0.5%
Expenses	$1,109,238	$568,709	+1.0%
Net Income	$230,752	$339,285	-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

N/A

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

$266,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADAM STEPHEN HENSLEY	VICE PRESIDENT	40.00	Officer	$134,000	$0	$134,000
CHAD ALLEN HILLIER	TRUSTEE	40.00	Officer	$0	$0	$0
ROBERT TERRY WINWARD	TRUSTEE	40.00	Officer	$0	$0	$0
MARK HASLAM	PRESIDENT	40.00	Officer	$132,000	$0	$132,000
JASON GILGEN	TRUSTEE	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
2024	$1,339,990	$1,109,238	$478,062	$230,752
2023	$907,994	$568,709	$253,546	$339,285

SENIOR FINANCIAL AID ADVOCATES