SENIOR NETWORK SERVICES INC (EIN 942259716) - 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

1981

Legal Domicile

Principal Officer

COREY F AZEVEDO

Phone

8314621433

Tax Period

2023-07-01 to 2024-06-30

SENIOR NETWORK SERVICES INC, founded in 1981, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

Senior Network Services is a nonprofit agency providing senior citizens and persons with disabilities with information, guidance and assistance in coordinating existing resources to promote independence and the highest quality of life.

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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 $1,856,854

Program Service Revenue $98,300

Investment Income $1,111

Other Revenue $0

TOTAL REVENUE $1,956,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,361,858

Fundraising Expenses $0

Program Expenses $1,309,396

Other Expenses $674,777

TOTAL EXPENSES $2,036,635

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,956,265	$1,309,700	+0.5%
Expenses	$2,036,635	$1,215,501	+0.7%
Net Income	$-80,370	$94,199	-1.9%

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

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

$176,000

Total Directors

$176,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COREY F AZEVEDO	Executive Dir.	40.00	Officer Director	$140,000	$36,000	$176,000
KRISTIN KOENIG	Director	0.75	Director	$0	$0	$0
MARLENE BENNETT	Director	0.75	Director	$0	$0	$0
CAROL SCURICH	Director	0.75	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
2024	$1,956,265	$2,036,635	$912,961	$-80,370
2023	$1,309,700	$1,215,501	$1,010,043	$94,199
2022	$810,888	$678,719	$900,643	$132,169
2021	$1,198,137	$608,395	$770,090	$589,742
2020	$608,166	$561,045	$179,498	$47,121
2019	$610,750	$615,144	$137,519	$-4,394

SENIOR NETWORK SERVICES INC