SALT INSTITUTE (EIN 362235413) - 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

1914

Legal Domicile

Principal Officer

LORI ROMAN

Phone

2392313305

Tax Period

2019-01-01 to 2019-12-31

SALT INSTITUTE, founded in 1914, is a micro nonprofit that reported $15K in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 17276% operating deficit.

Mission

THE ORGANIZATION TERMINATED OPERATIONS IN DECEMBER 2019.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $94,439

Investment Income $-79,624

Other Revenue $0

TOTAL REVENUE $14,815

Expense Breakdown

Grants Paid $89,173

Salaries & Benefits $1,927,064

Fundraising Expenses $0

Other Expenses $558,053

TOTAL EXPENSES $2,574,290

Year-over-Year Comparison

	2019	2018	Change
Revenue	$14,815	$3,291,996	-1.0%
Expenses	$2,574,290	$3,286,893	-0.2%
Net Income	$-2,559,475	$5,103	-502.6%

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

N/A

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

$1,333,402

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES O'DONNELL	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN HERMANN	DIRECTOR	1.00	Director	$0	$0	$0
MARCELO MONTERO	DIRECTOR	1.00	Director	$0	$0	$0
DAN ERTEL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANTHONY SEPICH	DIRECTOR	1.00	Director	$0	$0	$0
LORI ROMAN	PRESIDENT	40.00	Officer	$1,287,128	$46,274	$1,333,402
WILFRED NIXON	VICE PRESIDENT	40.00	Highest	$211,961	$41,462	$253,423

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
2019	$14,815	$2,574,290	No data	$-2,559,475
2018	$3,291,996	$3,286,893	$2,677,169	$5,103

SALT INSTITUTE