Senior Citizens Inc
- Assets
- $13.3m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 73
- Location
- Nashville, TN
- Founding
- 03/1958
- Data as of
- 06/2022
- EIN
- 62-0566419
Organization Overview
Senior Citizens Inc, operating under the name Fiftyforward, is located in Nashville, TN. The organization was established in 1958. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Fiftyforward employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fiftyforward is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Fiftyforward generated $3.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $4.7m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FIFTYFORWARD SUPPORTS, CHAMPIONS AND ENHANCES LIFE FOR THOSE 50 AND OLDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFELONG LEARNING CENTERS: OPERATION OF SEVEN LIFELONG LEARNING CENTERS ACROSS DAVIDSON AND WILLIAMSON COUNTIES IN TN PROVIDING PERSONAL GROWTH, HEALTH, RECREATIONAL, WELLNESS AND COMMUNITY OPPORTUNITIES TO OVER 3,660 ADULTS OVER 50.
SUPPORTIVE CARE: PROVISION OF INDEPENDENT LIVING SERVICES INCLUDING MEALS ON WHEELS, CONSERVATORSHIP, COMPANION CARE, ELDER CRIME VICTIM ADVOCACY, NEEDS ASSESSMENT, AND ADULT DAY SERVICE PROVIDE SUPPORT TO 966 ADULTS 50 AND OLDER. ADULT DAY SERVICES/CARE TEAM: SERVICES TO PROVIDE RELIEF TO CARE GIVERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sallie Hussey Executive Di | Officer | 40 | $118,555 |
Theresa Zuckowsky Chair | OfficerTrustee | 1 | $0 |
Lamar Moore Chair Elect | OfficerTrustee | 1 | $0 |
Debbie Crigger Secretary | OfficerTrustee | 1 | $0 |
Tracy Evers Treasurer | OfficerTrustee | 1 | $0 |
Jimmy Allen Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $307,218 |
| Membership dues | $0 |
| Fundraising events | $174,852 |
| Related organizations | $0 |
| Government grants | $1,266,819 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,335,504 |
| Noncash contributions included in lines 1a–1f | $13,803 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,084,393 |
| Total Program Service Revenue | $630,832 |
| Investment income | $113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $144,724 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$22,727 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,837,335 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,258 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,083 |
| Compensation of current officers, directors, key employees. | $27,683 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,094,408 |
| Pension plan accruals and contributions | $6,500 |
| Other employee benefits | $343,487 |
| Payroll taxes | $159,997 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,080 |
| Advertising and promotion | $23,165 |
| Office expenses | $546,615 |
| Information technology | $218,726 |
| Royalties | $0 |
| Occupancy | $558,386 |
| Travel | $54,472 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,726 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $469,071 |
| Insurance | $95,217 |
| All other expenses | $1,569 |
| Total functional expenses | $4,749,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $932,026 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $726,849 |
| Accounts receivable, net | $130,606 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $688,858 |
| Net Land, buildings, and equipment | $6,503,859 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,281,092 |
| Total assets | $13,263,290 |
| Accounts payable and accrued expenses | $171,241 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,281,092 |
| Total liabilities | $4,452,333 |
| Net assets without donor restrictions | $8,217,961 |
| Net assets with donor restrictions | $592,996 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,263,290 |
Grants Awarded
Over the last fiscal year, Senior Citizens Inc has awarded $107,570 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Johnson City, TN PURPOSE: GENERAL OPERATING | $50,000 |
KINGSPORT SENIOR CENTER PURPOSE: GENERAL OPERATING | $50,000 |
Nashville, TN PURPOSE: ASST W/ LIVING @ HOME PRGM | $7,570 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Senior Citizens Inc has recieved totaling $703,694.
| Awarding Organization | Amount |
|---|---|
United Way Of Middle Tennessee Inc Nashville, TN PURPOSE: PROGRAM OPNS (OBI) | $347,862 |
The West End Home Foundation Nashville, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $160,000 |
Young Mens Christian Association Of Nashville And Middle Tennessee Nashville, TN PURPOSE: TO FURTHER EXEMPT PURPOSE | $160,000 |
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: BENEFITING THE JANET JERNIGAN LEGACY ENDOWMENT FUND | $25,000 |
Jewish Federation Of Nashville & Middle Tennessee Nashville, TN PURPOSE: GENERAL | $7,090 |
Tennessee Titans Foundation Houston, TX PURPOSE: OPERATING BUDGET | $3,500 |
Endowment Analysis
| Beg. Balance | $5,491,524 |
| Earnings | -$721,680 |
| Admin Expense | $42,113 |
| Net Contributions | $244,439 |
| Other Expense | $3,458 |
| Grants | $234,789 |
| Ending Balance | $4,733,924 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Senior Life Inc Orange Beach, AL | $9,773,868 | $15,042,221 |
Mountain Empire Older Citizens Inc Big Stone Gap, VA | $8,808,055 | $17,898,946 |
Area Agency On Aging Of Southeast Arkansas Inc Pine Bluff, AR | $11,755,382 | $21,544,491 |
Seniorage Area Agency On Aging Springfield, MO | $4,839,400 | $16,732,131 |
Wellmont Wexford House Johnson City, TN | $11,769,586 | $11,612,147 |
Central Arkansas Area Agency On Aging Inc North Little Rock, AR | $17,585,557 | $16,583,289 |
Legacy Link Inc Oakwood, GA | $6,797,475 | $15,898,819 |
Appalachian Agency For Senior Citizens Cedar Bluff, VA | $13,226,617 | $17,944,269 |
Area Agency On Aging Of Northwest Arkansas Harrison, AR | $12,975,873 | $15,663,536 |
Area Agency On Aging Of Western Arkansas Inc Fort Smith, AR | $8,584,407 | $13,418,784 |
Boone County Senior Citizen Service Corporation Columbia, MO | $7,183,435 | $11,569,288 |
The 60 Plus Association Inc Alexandria, VA | $451,230 | $11,797,770 |