SALEM, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE SCHOLARSHIP COMMITTEE INC OF THE SALEM HIGH SCHOOL ALUMNI ASSOC, founded in 1947, is a small nonprofit in the Education sector that reported $449K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $588K exceeded revenue, resulting in a 31% operating deficit.
THE MISSION OF THE SALEM HIGH SCHOOL ALUMNI ASSOCIATION OF OHIO SHALL BE TO AWARD SCHOLARSHIPS TO QUALIFIED STUDENTS; TO MANAGE ASSETS INCLUDING MEMORABILIA FOR FUTURE GENERATIONS, TO FOSTER STUDENT AND ALUMNI DEVELOPMENT, AND TO HONOR THE ORGANIZATION'S PAST BY NURTURING FRIENDSHIPS AND ENRICHING MEMORIES.
SCHOLARSHIPS PROVIDED TO SALEM HIGH SCHOOL GRADUATES ATTENDING POST SECONDARY INSTITUTIONS. SCHOLARSHIPS ARE GRANTED BASED ON ESTABLISHED CRITERIA, AND RECIPIENTS ARE SELECTED BY AN INDEPENDENT...
SCHOLARSHIPS PROVIDED TO SALEM HIGH SCHOOL GRADUATES ATTENDING POST SECONDARY INSTITUTIONS. SCHOLARSHIPS ARE GRANTED BASED ON ESTABLISHED CRITERIA, AND RECIPIENTS ARE SELECTED BY AN INDEPENDENT COMMITTEE OF THE BOARD OF TRUSTEES.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $449,354 | $826,827 | -0.5% |
| Expenses | $587,603 | $745,199 | -0.2% |
| Net Income | $-138,249 | $81,628 | -2.7% |
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 |
|---|---|---|---|---|---|---|
| MARY WINCH-KORFF | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR PETER APICELLA | 1ST VICE PRE | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICKEY COPE WEAVER | 2ND VICE PRE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM HARRINGTON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WENDY L SALTSMAN CPA | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEAN KILIMAN ESPOSITO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT BENDER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANDY CLUTTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN CROWELL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NATE MULLEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANE HARDING | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLYN GORDON JONES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KARLI UTT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MADELINE PATTON SHIVERS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRAD STEPHENS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM TAUS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $449,354 | $587,603 | $11,950,159 | $-138,249 |
| 2022 | $826,827 | $745,199 | $11,755,684 | $81,628 |
| 2021 | $846,781 | $555,263 | $13,741,127 | $291,518 |
| 2020 | $630,853 | $479,323 | $11,904,181 | $151,530 |
| 2019 | $837,412 | $518,831 | $11,719,666 | $318,581 |
| 2018 | $1,054,184 | $491,905 | $10,117,847 | $562,279 |
Compare THE SCHOLARSHIP COMMITTEE INC OF THE SALEM HIGH SCHOOL ALUMNI ASSOC with other nonprofits in Ohio and across the country.