SALISBURY FOUNDATION FOR RESEARCH AND EDUCATION INC (EIN 205582784) - 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

2006

Legal Domicile

Principal Officer

LAWRENCE SAMA

Phone

7046389000

Tax Period

2024-10-01 to 2025-09-30

SALISBURY FOUNDATION FOR RESEARCH AND EDUCATION INC, founded in 2006, is a small nonprofit in the Medical Research sector that reported $440K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $123K, a strong 28% operating margin.

Mission

COMMITMENT TO GROWING THE RESEARCH PROGRAM IN ORDER TO BETTER SERVE ALL MILITARY VETERANS.

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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 $25,000

Program Service Revenue $343,842

Investment Income $70,670

Other Revenue $0

TOTAL REVENUE $439,512

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,719

Fundraising Expenses $0

Program Expenses $299,272

Other Expenses $252,195

TOTAL EXPENSES $316,914

Year-over-Year Comparison

	2024	2023	Change
Revenue	$439,512	$380,895	+0.2%
Expenses	$316,914	$346,212	-0.1%
Net Income	$122,598	$34,683	+2.5%

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

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

$43,988

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBIN HURLEY MD	PRESIDENT	2.00	Officer	$0	$0	$0
TERRY HALES	SECRETARY/TREASURER	2.00	Officer	$0	$0	$0
LAWRENCE M SAMA	EXECUTIVE DIRECTOR	16.00	Key Emp	$43,988	$0	$43,988
RANDALL D GEHLE	MEMBER	2.00	Director	$0	$0	$0
JOHN MELTON	MEMBER	2.00	Director	$0	$0	$0
WILLARD R THOMPSON JR	VP	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	$439,512	$316,914	$2,506,674	$122,598
2024	$380,895	$346,212	$2,383,278	$34,683
2023	$553,341	$271,497	$2,393,698	$281,844
2022	$528,168	$284,845	$2,112,699	$243,323
2021	$306,291	$97,987	$1,866,721	$208,304
2020	$319,327	$65,522	$1,622,531	$253,805
2019	$512,935	$109,897	$1,369,895	$403,038
2018	$431,130	$98,614	$980,915	$332,516

SALISBURY FOUNDATION FOR RESEARCH AND EDUCATION INC