Salem NH Council on Aging Inc (EIN 020487541) - 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

1995

Legal Domicile

Principal Officer

Robert Dennis

Phone

6038931819

Tax Period

2024-01-01 to 2024-12-31

Salem NH Council on Aging Inc, founded in 1995, is a small nonprofit in the Human Services sector that reported $159K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 30% operating margin.

Mission

To promote, develop and reinforce the organization's programs and facilities which support and enhance the health, well-being, dignity and independence of the senior citizens of Salem, NH

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $40,029

Other Revenue $119,441

TOTAL REVENUE $159,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,577

Other Expenses $111,320

TOTAL EXPENSES $111,320

Year-over-Year Comparison

	2024	2023	Change
Revenue	$159,470	$101,238	+0.6%
Expenses	$111,320	$20,775	+4.4%
Net Income	$48,150	$80,463	-0.4%

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
Karen Bryant	Member at Large	1.00	Director	$0	$0	$0
Tracy Haynes	Member at Large	1.00	Director	$0	$0	$0
Pamela Russel	Member at Large	1.00	Director	$0	$0	$0
Connie Young	Member at Large	1.00	Director	$0	$0	$0
Lorraine Thompson	Member at Large	1.00	Director	$0	$0	$0
Angela Falcon	Alternate	1.00	Director	$0	$0	$0
Pat Qualter	Alternate	1.00	Director	$0	$0	$0
Robert Dennis	Chairman	3.00	Officer	$0	$0	$0
Patti Drelick	Vice-Chair	3.00	Officer	$0	$0	$0
Patricia Allen	Treasurer	3.00	Officer	$0	$0	$0
Sharon Savage	Secretary	3.00	Officer	$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	$159,470	$111,320	$947,048	$48,150
2023	$101,238	$20,775	$898,898	$80,463
2022	$116,309	$13,920	$815,386	$102,389
2021	$104,218	$24,394	$831,579	$79,824
2020	$72,156	$107,462	$743,892	$-35,306
2019	$116,797	$125,961	$695,371	$-9,164
2018	$203,155	$129,489	$662,547	$73,666

Salem NH Council on Aging Inc