SQLC Charitable Foundation

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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

2008

Legal Domicile

Principal Officer

JOSEPH ANDERSON

Phone

9259630013

Tax Period

2019-01-01 to 2019-12-31

SQLC Charitable Foundation, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $242K in total revenue in fiscal year 2019. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $583K exceeded revenue, resulting in a 141% operating deficit.

Mission

Primarily to make grants and otherwise support programs and services that advance the interests of the elderly

Program Service Accomplishments

Program 1

Expenses: $347,983

Donation to Northwest Senior Housing Corporation to support its charitable foundation for its residents, who are elderly

Program 2

Expenses: $88,163

Donation to Mayflower Communities, Inc. to support its services to its residents, who are elderly

Program 3

Expenses: $69,964

Donation to Buckingham Senior Living Community, Inc., to support its services to its residents, who are elderly

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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 (2019)

Revenue Breakdown

Contributions & Grants $32,885

Program Service Revenue $0

Investment Income $209,150

Other Revenue $0

TOTAL REVENUE $242,035

Expense Breakdown

Grants Paid $562,361

Salaries & Benefits $15,000

Fundraising Expenses $0

Program Expenses $562,360

Other Expenses $5,924

TOTAL EXPENSES $583,285

Year-over-Year Comparison

	2019	2018	Change
Revenue	$242,035	$358,925	-0.3%
Expenses	$583,285	$1,028	+566.4%
Net Income	$-341,250	$357,897	-2.0%

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

N/A

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

$5,000

Total Directors

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH ANDERSON	President	1.000	Officer	$5,000	$0	$5,000
DAVID GOBBLE	Director	1.000	Director	$5,000	$0	$5,000
WARD WUESTE	Director	1.000	Director	$5,000	$0	$5,000

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
2019	$242,035	$583,285	$1,759,152	$-341,250
2018	$358,925	$1,028	$2,100,401	$357,897