Silver Sage Foundation (EIN 301031818) - 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

2019

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Silver Sage Foundation, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $134K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. Expenses of $156K exceeded revenue, resulting in a 17% operating deficit.

Mission

Silver Sage Foundations mission is to develop social capital by creating and extending positive connections within and between disparate social networks to achieve mutual understanding and common commitments to enriching the social good in the Western US States.

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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 (2023)

Revenue Breakdown

Contributions & Grants $133,917

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $133,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,169

Fundraising Expenses $0

Other Expenses $69,153

TOTAL EXPENSES $156,322

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,917	$86,765	+0.5%
Expenses	$156,322	$62,361	+1.5%
Net Income	$-22,405	$24,404	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$78,684

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Bekir Ergag	Executive Director	Director	$78,684	$0	$78,684
Ahmet Dulger	President	Officer	$0	$0	$0
Mehmet Dulger	Treasurer	Officer	$0	$0	$0
Ismail Kocabiyik	Secretary	Officer	$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
2024	No data	No data	No data	No data
2023	$133,917	$156,322	$10,337	$-22,405
2022	$86,765	$62,361	$32,608	$24,404
2021	$107,021	$106,059	$7,972	$962
2020	$78,103	$82,784	$10,198	$-4,681
2019	$29,845	$20,384	$10,393	$9,461

Silver Sage Foundation