THE SALON AND SPA RELIEF FUND INC

EIN: 203438301 501(c)(3) Public Safety

HAMMOND, LA

Total Revenue
$238,320
Total Expenses
$210,000
Total Assets
$73,334
Net Assets
$73,334
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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
2005
Legal Domicile
LA
Principal Officer
EDWIN H NEILL III
Phone
9859691653
Tax Period
2021-01-01 to 2021-12-31

THE SALON AND SPA RELIEF FUND INC, founded in 2005, is a small nonprofit in the Public Safety sector that reported $238K in total revenue in fiscal year 2021. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $210K left a modest 12% surplus.

Mission

ASSISTING THOSE IN THE SALON/SPA INDUSTRY FACING FINANCIAL CHALLENGES

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $238,320
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $238,320

Expense Breakdown

Grants Paid $210,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $210,000
Other Expenses $0
TOTAL EXPENSES $210,000

Year-over-Year Comparison

2021 2020 Change
Revenue $238,320 $708,437 -0.7%
Expenses $210,000 $690,185 -0.7%
Net Income $28,320 $18,252 +0.6%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
1

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBRA NEILL BAKER DIRECTOR 0.00
Director
$0 $0 $0
JIM PETRILLO DIRECTOR 0.00
Director
$0 $0 $0
JIM PACIFICO DIRECTOR 0.00
Director
$0 $0 $0
KATHLEEN TURPEL DIRECTOR 0.25
Director
$0 $0 $0
JENNIFER LEE DIRECTOR 0.50
Director
$0 $0 $0
EDWIN H NEILL III DIRECTOR 1.00
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
2021 $238,320 $210,000 $73,334 $28,320
2020 $708,437 $690,185 $45,014 $18,252
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