SAFENET INC

EIN: 251269524 501(c)(3) Human Services

ERIE, PA

Total Revenue
$1,629,520
Total Expenses
$1,728,680
Total Assets
$3,545,085
Net Assets
$3,163,179
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
PA
Principal Officer
ROBYN YOUNG
Phone
8144548161
Tax Period
2024-07-01 to 2025-06-30

SAFENET INC, founded in 1973, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION PROVIDES SHELTER AND SAFETY TO VICTIMS OF INTERPERSONAL VIOLENCE AND HELPS TO ELIMINATE ABUSE THROUGH EDUCATION AND TRAINING OF COMMUNITY PARTNERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,448,413
Program Service Revenue $6,539
Investment Income $60,913
Other Revenue $113,655
TOTAL REVENUE $1,629,520

Expense Breakdown

Grants Paid $0
Salaries & Benefits $753,014
Fundraising Expenses $200,047
Program Expenses $969,191
Other Expenses $975,666
TOTAL EXPENSES $1,728,680

Year-over-Year Comparison

2024 2023 Change
Revenue $1,629,520 $2,084,343 -0.2%
Expenses $1,728,680 $1,975,861 -0.1%
Net Income $-99,160 $108,482 -1.9%
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
12
Independent Members
12
Employees
29
Volunteers
250

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
5
$84,131
Total Directors
12
$84,131
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBYN YOUNG EXECUTIVE DI 40.00
Officer Director
$84,131 $0 $84,131
MARY BOLDT MEMBER 1.00
Director
$0 $0 $0
SCOTT COUGHENOUR MEMBER 1.00
Director
$0 $0 $0
JEFF FROESS VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JOSHUA GDANETZ TREASURER 1.00
Officer Director
$0 $0 $0
KRISTY GNIBUS MEMBER 1.00
Director
$0 $0 $0
KARI GROLEMUND ADVISOR 1.00
Director
$0 $0 $0
DEBRA HAYES PRESIDENT 1.00
Officer Director
$0 $0 $0
LYNETTE HUGHES MEMBER 1.00
Director
$0 $0 $0
NATHAN KOBLE MEMBER 1.00
Director
$0 $0 $0
CHERYL MITCHELL SECRETARY 1.00
Officer Director
$0 $0 $0
WAYNE PATTERSON MEMBER 1.00
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 $1,629,520 $1,728,680 $3,545,085 $-99,160
2024 $2,084,343 $1,975,861 $3,515,856 $108,482
2023 $1,541,993 $2,054,310 $3,841,937 $-512,317
2022 $2,165,822 $1,989,463 $4,359,329 $176,359
2021 $1,871,189 $2,023,426 $4,245,186 $-152,237
2020 $1,772,952 $1,871,272 $4,370,194 $-98,320
2019 $1,977,031 $1,989,054 $3,966,468 $-12,023
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