Civic Intelligence

Senior Services Foundation Inc

EIN 56-2220702 • 501(c)3 • Winstonsalem, NC

Profile

The senior services foundation, inc. Is a supporting organization of senior services, inc.

2895 Shorefair Drive NWWinstonsalem, NC 27105

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

85th percentile

40%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

13%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2025

Revenue Growth

86th percentile

50%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$6,942,392

Up $449,724 (+6.9%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$6,942,392

Up $449,724 (+6.9%) from 2024

Operations
Liabilities / Revenue10th percentileNet Margin85th percentile

Revenue

Up

$480,171

Up $25,650 (+5.6%) from 2024

Expenses

Up

$288,334

Up $68,213 (+31%) from 2024

Net Income

Down

$191,837

Down $42,563 (-18%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth69th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,525,412Liabilities 2011: $0Net Assets 2011: $2,525,4122011Assets 2012: $2,509,504Liabilities 2012: $0Net Assets 2012: $2,509,5042012Assets 2013: $3,544,320Liabilities 2013: $0Net Assets 2013: $3,544,3202013Assets 2014: $3,928,647Liabilities 2014: $0Net Assets 2014: $3,928,6472014Assets 2015: $3,809,264Liabilities 2015: $0Net Assets 2015: $3,809,2642015Assets 2016: $3,690,280Liabilities 2016: $0Net Assets 2016: $3,690,2802016Assets 2017: $3,922,893Liabilities 2017: $0Net Assets 2017: $3,922,8932017Assets 2018: $4,050,045Liabilities 2018: $0Net Assets 2018: $4,050,0452018Assets 2019: $4,273,037Liabilities 2019: $0Net Assets 2019: $4,273,0372019Assets 2020: $4,350,658Liabilities 2020: $0Net Assets 2020: $4,350,6582020Assets 2021: $5,463,002Liabilities 2021: $0Net Assets 2021: $5,463,0022021Assets 2022: $4,728,464Liabilities 2022: $0Net Assets 2022: $4,728,4642022Assets 2023: $5,482,559Liabilities 2023: $0Net Assets 2023: $5,482,5592023Assets 2024: $6,492,668Liabilities 2024: $0Net Assets 2024: $6,492,6682024Assets 2025: $6,942,392Liabilities 2025: $0Net Assets 2025: $6,942,3922025

Highlighted filing

2025

Assets$6,942,392
Liabilities$0
Net Assets$6,942,392
Open 2025 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $186,512Expenses 2011: $120,532Net Income 2011: $65,9802011Revenue 2012: $162,473Expenses 2012: $68,521Net Income 2012: $93,9522012Expenses 2013: $128,1852013Revenue 2014: $179,149Expenses 2014: $144,412Net Income 2014: $34,7372014Revenue 2015: $243,770Expenses 2015: $169,979Net Income 2015: $73,7912015Revenue 2016: $114,047Expenses 2016: $188,797Net Income 2016: -$74,7502016Revenue 2017: $207,269Expenses 2017: $216,493Net Income 2017: -$9,2242017Revenue 2018: $230,101Expenses 2018: $220,070Net Income 2018: $10,0312018Revenue 2019: $433,376Expenses 2019: $220,742Net Income 2019: $212,6342019Revenue 2020: $292,520Expenses 2020: $229,051Net Income 2020: $63,4692020Revenue 2021: $320,211Expenses 2021: $130,569Net Income 2021: $189,6422021Revenue 2022: $596,720Expenses 2022: $220,884Net Income 2022: $375,8362022Revenue 2023: $213,284Expenses 2023: $17,027Net Income 2023: $196,2572023Revenue 2024: $454,521Expenses 2024: $220,121Net Income 2024: $234,4002024Revenue 2025: $480,171Expenses 2025: $288,334Net Income 2025: $191,8372025

Highlighted filing

2025

Revenue$480,171
Expenses$288,334
Net Income$191,837
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,942,392
Liabilities
$0
Net assets
$6,942,392
Revenue
$480,171
Expenses
$288,334
Net income
$191,837
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.94$0.00$6.94$0.48$0.29$0.19
2024Detailed filing. Detailed filing data is available for this year.$6.49$0.00$6.49$0.45$0.22$0.23
2023Detailed filing. Detailed filing data is available for this year.$5.48$0.00$5.48$0.21$0.02$0.20
2022Detailed filing. Detailed filing data is available for this year.$4.73$0.00$4.73$0.60$0.22$0.38
2021Detailed filing. Detailed filing data is available for this year.$5.46$0.00$5.46$0.32$0.13$0.19
2020Detailed filing. Detailed filing data is available for this year.$4.35$0.00$4.35$0.29$0.23$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.27$0.00$4.27$0.43$0.22$0.21
2018Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.23$0.22$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$0.21$0.22$0.01
2016Detailed filing. Detailed filing data is available for this year.$3.69$0.00$3.69$0.11$0.19$0.07
2015Detailed filing. Detailed filing data is available for this year.$3.81$0.00$3.81$0.24$0.17$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.93$0.00$3.93$0.18$0.14$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.54$0.00$3.54$0.13
2012Summary only. Only limited summary data is available for this year.$2.51$0.00$2.51$0.16$0.07$0.09
2011Summary only. Only limited summary data is available for this year.$2.53$0.00$2.53$0.19$0.12$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 23, 2026
Return Version
2024v5.0
Gross Receipts
$480,171
Mission and Program Overview

Mission

The senior services foundation, inc. Is a supporting organization of senior services, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,070,158$6,509,466▲ $439,308
Savings and Temporary Cash Investments$422,510$432,926▲ $10,416
Total Assets$6,492,668$6,942,392▲ $449,724
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,492,668$6,942,392▲ $449,724
Total Net Assets Fund Balance$6,492,668$6,942,392▲ $449,724
Total Liabilities and Net Assets / Fund Balance$6,492,668$6,942,392▲ $449,724

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$6,492,668$127,926▲ $610,132-$6,942,392
2023$5,482,559$408,919▲ $821,311-$6,492,668
2022$4,728,464$176,023▲ $595,099-$5,482,559
2021$5,463,002$296,652▼ $810,306-$4,728,464
2020$4,350,658$159,634▲ $1,083,279-$5,463,002
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
T Lee CovingtonExecutive Di$245,021$245,021

Board Members and Trustees

NameTitle
Davida MartinChair
Kay ChalkChair-elect
Cheryl LindsayBoard Member
Cynthia AndersonBoard Member
Dr Dudley ChandlerBoard Member
Ed ShawBoard Member
Evelyn AcreeBoard Member
Gwynne TaylorBoard Member
James DecristoBoard Member
Jay FordBoard Member
Jimbo HardisonBoard Member
Katherine WattsBoard Member
Letitia WallBoard Member
Lynn EisenbergBoard Member
Marybeth TerryBoard Member
Mike JeskeBoard Member
Russell ArmisteadBoard Member
Sam MetzlerBoard Member
Sandlin DouglasBoard Member
Sandra AdamsBoard Member
Spencer BennettBoard Member
Talitha VickersBoard Member
William DavisBoard Member
Wilson Weaver IiBoard Member
T Lee CovingtonExecutive Director
Marie ArcuriImmediate Pa
Kriss DinkinsSecretary
Ted GoinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$127,926
Program Service Revenue
$0
Investment Income
$352,245
Other Revenue
$0
All Other Contributions
$127,926
Change in Net Assets
$191,837

Audited Revenue Reconciliation

Revenue per Audited Statements
$456,837
Revenue Not Reported on Financial Statements
$23,334
Revenue Not Reported on Form 990
$257,887
Total Revenue per Audited Statements
$714,724
Total Revenue per Form 990
$480,171
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$265,000
Other Expenses$23,334
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$265,000--$265,000
Fees for Service Investment Mgmnt Fees-$23,334-$23,334
Total Functional Expenses$265,000$23,334$0$288,334

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$288,334
Expenses per Audited Statements$265,000
Total Expenses per Audited Statements$265,000
Expenses Not Reported on Financial Statements$23,334
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Senior Services IncWinstonsalem, NC501c3Operations$265,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Senior services foundation, inc.'s form 990 is completed by the organization's external auditors with assistance and review by the organization's finance director. The final draft is delivered to senior services foundation, inc. For review and approval by management and the audit committee following the review of the annual audit. After the form 990 is finalized, the entire board of directors will receive a copy of the full final form 990, which will be distributed either by secure email or at the february/march 2026 meeting of the full board of directors.”

Form 990, Page 6, Part VI, Line 12C

“On an annual basis, all board members are required to review and sign a conflict of interest statement, which includes making a written disclosure of all potential conflicts of interest. The chair of the board will review all disclosure statements completed by directors to determine appropriate resolution in accordance with the procedure in the fiscal operating policy. The chair of the board will be responsible for making all decisions concerning resolution of conflicts involving directors.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are all available upon request.”

Filing and Contact Details

Filer

Filer Name
Senior Services Foundation Inc
EIN
56-2220702
Phone
3367250907
Address
2895 SHOREFAIR DRIVE NW, WINSTONSALEM, NC 27105

Signing Officer

Name
T Lee Covington
Title
Executive Director
Phone
3367250907
Signed
2026-01-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
T Lee Covington
Formed
1999
Legal Domicile
Nc
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
27

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Endowment funds are used to support senior services, inc. Through the following activities: to provide operating and maintenance reserves for senior services, inc., to endow meals on wheels and williams adult day center.”

Schedule D, Page 3, Part X

“The foundation is a not-for-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, income tax expense is limited to activities that are deemed by the internal revenue service to be unrelated to their exempt purpose. The foundation's primary tax positions relate to its status as a not-for- profit entity exempt from income taxes and classification of activities related to its exempt purpose. It is the opinion of management that the foundation has no uncertain tax positions that would be subject to change upon examination. The foundation is required to file a federal exempt organization tax return (form 990) annually to retain its exempt status. The foundation is also required to file an exempt organization business income tax return (form 990-t) for any year gross unrelated business income exceeds 1,000. The foundation's form 990 filings are generally subject to examination by the internal revenue service for three years after they are filed.”

Raw XML AppendixShowing 400 of 586 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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