SALEM FIELDS LEARNING CENTER (EIN 251918820) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

MICHELE HOFMANN

Tax Period

2021-06-01 to 2022-05-31

SALEM FIELDS LEARNING CENTER, founded in 2005, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2021. Revenue surged 96% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 11% surplus.

Mission

EDUCATIONAL ACTIVITIES DESIGNED TO MEET THE PHYSICAL, MENTAL, SOCIAL, EMOTIONAL AND SPIRITUAL NEEDS OF CHILDREN AGES 6 WEEKS TO 8TH GRADE WHILE THEIR PARENTS WORK.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $342,115

Program Service Revenue $1,348,917

Investment Income $0

Other Revenue $6,684

TOTAL REVENUE $1,697,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $887,667

Fundraising Expenses $0

Program Expenses $1,372,965

Other Expenses $621,233

TOTAL EXPENSES $1,508,900

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,697,716	$868,182	+1.0%
Expenses	$1,508,900	$863,089	+0.7%
Net Income	$188,816	$5,093	+36.1%

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

$51,102

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HEYWARD	PRESIDENT	10.00	Officer Director	$0	$0	$0
HOWARD WINCE	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELE HOFMANN	DIRECTOR	40.00	Officer	$51,102	$0	$51,102

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
2022	$1,697,716	$1,508,900	$311,953	$188,816

SALEM FIELDS LEARNING CENTER