Safer Corporate Endowment

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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

1983

Legal Domicile

Phone

3129222200

Tax Period

2023-07-01 to 2024-06-30

Safer Corporate Endowment, founded in 1983, is a community nonprofit in the Unknown sector that reported $2.9M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Net assets of $13.3M represent 54 months of operating reserves.

Mission

PROVIDE BUILDING SPACE AT MARKET RENTAL AND OTHER SUPPORT FOR THE SAFER FOUNDATION IN PROVIDING OPPORTUNITIES FOR INDIVIDUALS WITH ARREST AND CONVICTION RECORDS.

Program Service Accomplishments

Program 1

Expenses: $2,402,702 Revenue: $1,454,458

TO PROVIDE SUPPORT FOR THE ACTIVITIES OF THE SAFER FOUNDATION, A TAX EXEMPT ORGANIZATION WHICH PROVIDES OPPORTUNITIES TO INDIVIDUALS WITH ARREST AND CONVICTION RECORDS TO BECOME PRODUCTIVE CITIZENS. SUPPORT INCLUDES PROVIDING FACILITIES USED BY SAFER FOUNDATION UNDER RENTAL AGREEMENTS, INVEST IN AND PROVIDE HOUSING UNITS FOR AFFORDABLE HOUSING TO SUPPORT SAFER FOUNDATION'S COMMUNITIES AND CLIENTS, AND GRANTS FOR SAFER PROGRAMS.

Program 2

Expenses: $360,921 Revenue: $181,350

TO PROVIDE SUPPORT TO THE 4905 S MICHGAN BUILDING. SUPPORT INCLUDES PROVIDING LOW COST/AFFORDABLE HOUSING TO INDIVIDUALS RECENTLY RELEASED FROM PRISON AND THOSE WHO HAVE A CRIMINAL BACKGROUND...

TO PROVIDE SUPPORT TO THE 4905 S MICHGAN BUILDING. SUPPORT INCLUDES PROVIDING LOW COST/AFFORDABLE HOUSING TO INDIVIDUALS RECENTLY RELEASED FROM PRISON AND THOSE WHO HAVE A CRIMINAL BACKGROUND. SUPPORT INCLUDES PROVIDING FACILITIES TO PROVIDE HOUSING UNITS FOR AFFORDABLE HOUSING TO SUPPORT SAFER FOUNDATION'S COMMUNITIES AND CLIENTS.

Program 3

Expenses: $127,143 Revenue: $141,616

TO PROVIDE SUPPORT TO THE 8000 S PAXTON BUILDING. SUPPORT INCLUDES PROVIDING LOW COST/ AFFORDABLE HOUSING TO INDIVIDUALS RECENTLY RELEASED FROM PRISON AND THOSE WHO HAVE A CRIMINAL BACKGROUND...

TO PROVIDE SUPPORT TO THE 8000 S PAXTON BUILDING. SUPPORT INCLUDES PROVIDING LOW COST/ AFFORDABLE HOUSING TO INDIVIDUALS RECENTLY RELEASED FROM PRISON AND THOSE WHO HAVE A CRIMINAL BACKGROUND. SUPPORT INCLUDES PROVIDING FACILITIES TO PROVIDE HOUSING UNITS FOR AFFORDABLE HOUSING TO SUPPORT SAFER FOUNDATION'S COMMUNITIES AND CLIENTS.

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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 $950,000

Program Service Revenue $1,777,310

Investment Income $215,353

Other Revenue $114

TOTAL REVENUE $2,942,777

Expense Breakdown

Grants Paid $1,703,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,890,766

Other Expenses $1,187,366

TOTAL EXPENSES $2,890,766

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,942,777	$4,701,079	-0.4%
Expenses	$2,890,766	$2,763,183	+0.0%
Net Income	$52,011	$1,937,896	-1.0%

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

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

$790,864

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLEN KANTER	PRESIDENT/TREASURER	5.0	Officer Director	$0	$0	$0
DON GOENS	VICE PRESIDENT	3.0	Officer Director	$0	$0	$0
ETHAN ERENBERG	SECRETARY	3.0	Officer Director	$0	$0	$0
B DIANE WILLIAMS	DIRECTOR	1.0	Director	$0	$0	$0
JOHN LEVIN	DIRECTOR	1.0	Director	$0	$0	$0
MARK YATES	INTERIM CFO	3.0	Officer	$0	$46,006	$317,204
VICTOR DICKSON	EXECUTIVE DIRECTOR	1.0	Officer	$0	$43,090	$473,660
JOSEPH URBAN	CFO - LEFT 10/28/22	0.0		$0	$0	$188,805

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
2025	No data	No data	No data	No data
2024	$2,942,777	$2,890,766	$15,869,692	$52,011
2023	$4,701,079	$2,763,183	$13,950,211	$1,937,896
2022	$2,698,872	$2,959,620	$14,775,725	$-260,748
2021	$2,421,338	$2,486,248	$13,656,824	$-64,910
2020	$2,052,250	$2,737,288	$14,209,616	$-685,038
2019	$2,312,576	$3,069,835	$14,360,962	$-757,259
2018	$2,371,481	$2,457,004	$16,585,788	$-85,523