FRIENDS OF THE SENIORS (EIN 954017314) - Form 990 Financial Analysis & Trantor Score

🔒

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

1985

Legal Domicile

Principal Officer

JOHN Y WONG

Phone

5622434784

Tax Period

2023-09-01 to 2024-08-31

FRIENDS OF THE SENIORS, founded in 1985, is a micro nonprofit in the Human Services sector that reported $28K in total revenue in fiscal year 2023. The organization ran a surplus of $22K, a strong 78% operating margin.

Mission

TO RAISE FUNDS TO SUPPORT THE ACTIVITIES AND OPERATIONS OF LANGLEY CENTER, MONTEREY PARK'S SENIOR CITIZENS CENTER.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $27,867

Other Revenue $0

TOTAL REVENUE $27,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,152

TOTAL EXPENSES $6,152

Year-over-Year Comparison

	2023	2022	Change
Revenue	$27,867	N/A	N/A
Expenses	$6,152	$977	+5.3%
Net Income	$21,715	$-977	-23.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN Y GEE	Vice President	0.50	Officer Director	$0	$0	$0
TAK MAU	Director	0.00	Director	$0	$0	$0
JOHN Y WONG	President	0.50	Officer Director	$0	$0	$0
BETTY T CHU	Secretary	0.50	Officer Director	$0	$0	$0
BETTY T CHU	Treasurer	0.50	Officer Director	$0	$0	$0
KIM WANG	Director	0.00	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
2024	$27,867	$6,152	$596,160	$21,715
2023	No data	$977	$573,547	No data
2022	No data	$2,080	$606,914	No data
2021	No data	$715	$711,257	No data
2020	$4,000	$7,562	$614,598	$-3,562
2019	$2,851	$21,231	$564,007	$-18,380

FRIENDS OF THE SENIORS