OPERATION LIFE SENIOR CITIZENS CORP (EIN 880197148) - 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

1983

Legal Domicile

Principal Officer

RUBY DUNCAN

Phone

7023991424

Tax Period

2023-01-01 to 2023-12-31

OPERATION LIFE SENIOR CITIZENS CORP, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $269K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $325K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE ACCESSIBLE HOUSING FOR ADULTS WITH DISABILITIES AND SENIORS. ALSO TO PROVIDE SUPPORTIVE CARE SERVICES FOR ADULTS WITH TRAUMATIC BRAIN INJURY AND MOBILITY IMPAIRMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $189,877

Program Service Revenue $78,554

Investment Income $246

Other Revenue $0

TOTAL REVENUE $268,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $43,248

Fundraising Expenses $0

Program Expenses $292,457

Other Expenses $281,332

TOTAL EXPENSES $324,580

Year-over-Year Comparison

	2023	2022	Change
Revenue	$268,677	$288,857	-0.1%
Expenses	$324,580	$343,200	-0.1%
Net Income	$-55,903	$-54,343	+0.0%

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

N/A

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
RUBY DUNCAN	PRESIDENT	5.00	Officer Director	$0	$0	$0
EDDIE JEAN FINKS	TREASURER	5.00	Officer Director	$0	$0	$0
MARSHA M HYMAN	DIRECTOR	5.00	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
2023	$268,677	$324,580	$778,066	$-55,903
2022	$288,857	$343,200	$878,248	$-54,343
2021	$278,962	$381,392	$988,454	$-102,430
2020	$293,339	$366,016	$1,109,685	$-72,677
2019	$269,772	$343,453	$1,225,156	$-73,681

OPERATION LIFE SENIOR CITIZENS CORP