Salem, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Salem Worlds War Memorial Building Association, founded in 1946, is a micro nonprofit in the Human Services sector that reported $83K in total revenue in fiscal year 2024. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $74K left a modest 12% surplus.
The organization maitains a building used exclusively for social, recreational, educational and other activities promoting the welfare of Salem area residents.
The organization maintains a building used exclusively for social,recreational, educational and other activities promoting the welfare of Salem area residents. In 2023, the organization provided...
The organization maintains a building used exclusively for social,recreational, educational and other activities promoting the welfare of Salem area residents. In 2023, the organization provided kitchen and meeting facilities for numerous events including The Banquet in Salem, where over 14,000 free community meals were served.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $83,447 | $169,796 | -0.5% |
| Expenses | $73,519 | $68,939 | +0.1% |
| Net Income | $9,928 | $100,857 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Steven M Faber | Secretary | 20.00 |
Director
|
$10,000 | $0 | $10,000 |
| William O Wilkins | President & CEO | 5.00 |
Director
|
$0 | $0 | $0 |
| Gary Alkire | Vice President | 5.00 |
Director
|
$0 | $0 | $0 |
| Joseph P Sedzmak | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Ryan Barrett | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Gary Greenisen | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| James Taus | Treasurer | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $83,447 | $73,519 | $742,344 | $9,928 |
| 2023 | $169,796 | $68,939 | $731,195 | $100,857 |
| 2022 | $54,314 | $76,713 | $634,017 | $-22,399 |
| 2021 | $80,482 | $81,953 | $652,134 | $-1,471 |
| 2020 | $51,603 | $63,087 | $653,605 | $-11,484 |
Compare The Salem Worlds War Memorial Building Association with other nonprofits in Ohio and across the country.