SELF STORAGE ASSOCIATION FOUNDATION

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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

1975

Legal Domicile

Principal Officer

DEREK KNIGHTS

Phone

7035758000

Tax Period

2025-01-01 to 2025-12-31

SELF STORAGE ASSOCIATION FOUNDATION, founded in 1975, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2025. The organization ran a surplus of $1.3M, a strong 49% operating margin.

Mission

THE PURPOSE OF THE CORPORATION IS TO OPERATE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS AMENDED.

Program Service Accomplishments

Program 1

Expenses: $568,711 Revenue: $578,198

EXPENSES INCURRED IN CONNECTION WITH THE PROGRAM MISSION

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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 (2025)

Revenue Breakdown

Contributions & Grants $462,299

Program Service Revenue $1,346,809

Investment Income $160,363

Other Revenue $787,968

TOTAL REVENUE $2,757,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $568,711

Other Expenses $1,417,729

TOTAL EXPENSES $1,417,729

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,757,439	$2,707,668	+0.0%
Expenses	$1,417,729	$1,922,343	-0.3%
Net Income	$1,339,710	$785,325	+0.7%

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

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
DAVE BENSON	BOARD MEMBER	2.00	Director	$0	$0	$0
CURT FLEMMING	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN GILLILAND	BOARD MEMBER	2.00	Director	$0	$0	$0
SHAWN HILL	BOARD MEMBER	2.00	Director	$0	$0	$0
NATALIA JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM KENNEY	BOARD MEMBER	2.00	Director	$0	$0	$0
MAUREEN LEE	BOARD MEMBER	2.00	Director	$0	$0	$0
ARLEN NORDHAGEN	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICK REILLY	BOARD MEMBER	2.00	Director	$0	$0	$0
LAURIE SHADER SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
KEN WOOLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
BILL HOBIN	CHAIR	2.00	Director	$0	$0	$0
BOB DAILEY	VICE CHAIR	2.00	Director	$0	$0	$0
ROBERT CHITI	TREASURER	2.00	Director	$0	$0	$0
RYAN ROGERS	SECRETARY	2.00	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
2025	$2,757,439	$1,417,729	$10,483,899	$1,339,710
2024	$2,707,668	$1,922,343	$8,864,235	$785,325
2023	$2,505,668	$1,585,731	$8,369,517	$919,937
2022	$2,546,189	$1,504,239	$6,677,770	$1,041,950
2021	$2,330,620	$1,243,961	$6,163,793	$1,086,659
2020	$1,932,278	$1,389,501	$5,071,470	$542,777
2019	$3,007,427	$1,493,005	$4,378,430	$1,514,422
2018	$2,618,220	$1,341,968	$2,873,418	$1,276,252