SUPPORT OUR VETERANS ORGANIZATION

EIN: 270496150 501(c)(3)

CENTRAL VILLAGE, CT

Total Revenue
$127,733
Total Expenses
$172,236
Total Assets
$173,283
Net Assets
$169,480
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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
2009
Legal Domicile
CT
Principal Officer
ELAINE SALONY
Phone
8603171025
Tax Period
2020-01-01 to 2020-12-31

SUPPORT OUR VETERANS ORGANIZATION, founded in 2009, is a small nonprofit that reported $128K in total revenue in fiscal year 2020. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $172K exceeded revenue, resulting in a 35% operating deficit.

Mission

TO HELP VETERANS NEEDS AND PROVIDE FREE MEDICAL TRANSPORTATION TO VA HOSPITALS

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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 (2020)

Revenue Breakdown

Contributions & Grants $127,731
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $127,733

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,419
Fundraising Expenses $55,917
Program Expenses $101,247
Other Expenses $80,817
TOTAL EXPENSES $172,236

Year-over-Year Comparison

2020 2019 Change
Revenue $127,733 $253,604 -0.5%
Expenses $172,236 $253,685 -0.3%
Net Income $-44,503 $-81 +548.4%
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
3
Independent Members
3
Employees
21
Volunteers
4

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
2
$0
Total Directors
3
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AL COLBURN VICE PRESIDENT 0.25
Officer Director
$0 $0 $0
JUDY CARLSON TREASURER 0.25
Officer Director
$0 $0 $0
ERNIE GAUDREAU DIRECTOR 0.25
Director
$0 $0 $0
ELAINE SALONEY PRESIDENT/CEO 30.00
Key Emp
$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
2020 $127,733 $172,236 $173,283 $-44,503
2019 $253,604 $253,685 $217,039 $-81
2018 $230,335 $258,504 $214,757 $-28,169
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