SALUTE INC (EIN 061718308) - 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

2004

Legal Domicile

Principal Officer

MARC GALLANT

Phone

8473598811

Tax Period

2024-04-01 to 2025-03-31

SALUTE INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 9% surplus.

Mission

ASSISTING THE NEEDS OF INJURED MILITARY SERVICE MEMBERS, VETERANS AND THEIR FAMILIES.

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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 $1,429,460

Program Service Revenue $0

Investment Income $72,832

Other Revenue $46,855

TOTAL REVENUE $1,549,147

Expense Breakdown

Grants Paid $965,215

Salaries & Benefits $289,741

Fundraising Expenses $149,179

Program Expenses $1,197,319

Other Expenses $152,260

TOTAL EXPENSES $1,407,216

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,549,147	$1,178,310	+0.3%
Expenses	$1,407,216	$1,374,215	+0.0%
Net Income	$141,931	$-195,905	-1.7%

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

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

$74,769

Total Directors

$74,769

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY BETH BEIERSDORF	Executive Dir.	50.00	Officer Director	$74,769	$0	$74,769
MARC GALLANT	President	3.00	Officer Director	$0	$0	$0
DAN CAPOZZI	Director	1.00	Director	$0	$0	$0
JIM COX	Director	1.00	Director	$0	$0	$0
WILLIAM BORST III	Secretary	1.00	Officer Director	$0	$0	$0
ANDREW HELLMAN	Director	1.00	Director	$0	$0	$0
SCOTT SKINGER	Director	1.00	Director	$0	$0	$0
CURT MATLIN	Vice President	5.00	Officer Director	$0	$0	$0
PETER MONAHAN	Director	1.00	Director	$0	$0	$0
RYAN EISENHARDT	Treasurer	5.00	Officer 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	$1,549,147	$1,407,216	$1,543,818	$141,931
2024	$1,178,310	$1,374,215	$1,401,887	$-195,905
2023	$1,397,803	$1,314,538	$1,597,792	$83,265
2022	$1,155,385	$1,075,528	$1,514,527	$79,857
2021	$939,781	$885,952	$1,434,670	$53,829
2020	$1,338,786	$1,168,421	$1,380,841	$170,365
2019	$1,182,023	$1,067,791	$1,210,476	$114,232

SALUTE INC