SALT MINISTRIES

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Larry Plum

Phone

5133747831

Tax Period

2021-01-01 to 2021-12-31

SALT MINISTRIES, founded in 2019, is a small nonprofit in the Human Services sector that reported $204K in total revenue in fiscal year 2021.

Mission

To build into neighbors and provide support through mentoring, upgrading of property, and telling them about Jesus.

Program Service Accomplishments

Program 1

Expenses: $154,833 Revenue: $154,833

We purchased two homes which are being rehabbed, one of which will be use to house teen boys plus staff. We acquired a vacant lot which will have a flower garden and potentially a community garden...

We purchased two homes which are being rehabbed, one of which will be use to house teen boys plus staff. We acquired a vacant lot which will have a flower garden and potentially a community garden. The ministry has assisted neighbors with problem solving, food acquisition, and mentoring/tutoring. There have been neighborhood activities such as water fun day for the kids and grill night for the adults.

Program 2

Expenses: $1,504 Revenue: $1,504

Mentoring students by having them work one on one with coaches. This is done weekly throughout the school year.

Program 3

Expenses: $8,000 Revenue: $8,000

Paying for children and adults in the neighborhood to swim free at the local city pool. There is normally a daily charge for people to use the pool.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $204,113

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $204,113

Expense Breakdown

Grants Paid $26,365

Salaries & Benefits $0

Fundraising Expenses $1,500

Program Expenses $200,672

Other Expenses $174,307

TOTAL EXPENSES $202,172

Year-over-Year Comparison

	2021	2020	Change
Revenue	$204,113	$204,113	N/A
Expenses	$202,172	$202,172	N/A
Net Income	$1,941	$1,941	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Larry Plum	President/Treasurer	25	Officer Director Key Emp	$0	$0	$0
Patsy Plum	Vice President/Secretary	25	Officer Director Key Emp	$0	$0	$0
Dwight Young	Board member	1	Director	$0	$0	$0
Richard Plum	Board member	1	Director	$0	$0	$0
Karen Holtkamp	Board member	1	Director	$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
2021	$204,113	$202,172	$175,816	$1,941