SVRC Industries Inc (EIN 381740297) - 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

1962

Legal Domicile

Principal Officer

Denise Berry

Phone

9892457184

Tax Period

2024-01-01 to 2024-12-31

SVRC Industries Inc, founded in 1962, is a mid-sized nonprofit in the Employment sector that reported $11.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $17.5M exceeded revenue, resulting in a 51% operating deficit.

Mission

Create and sustain opportunities and support systems for persons with barrier to employment and community access.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,953,404

Program Service Revenue $3,012,951

Investment Income $-934,509

Other Revenue $1,550,632

TOTAL REVENUE $11,582,478

Expense Breakdown

Grants Paid $19,178

Salaries & Benefits $4,763,724

Fundraising Expenses $0

Program Expenses $11,144,143

Other Expenses $12,764,010

TOTAL EXPENSES $17,546,912

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,582,478	$10,107,653	+0.1%
Expenses	$17,546,912	$10,059,566	+0.7%
Net Income	$-5,964,434	$48,087	-125.0%

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

177

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

$389,727

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charleen Boland	Trustee	1.00	Director	$0	$0	$0
John Dunn	Trustee	1.00	Director	$0	$0	$0
Brian Keeler	Trustee	1.00	Director	$0	$0	$0
Gilberto Guevara	Ex Officio	1.00	Officer Director	$0	$0	$0
Danielle Marsrow	Chairperson	1.00	Officer Director	$0	$0	$0
Shelley E Norris	Ex Officio	1.00	Director	$0	$0	$0
Greg Mair	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Amy Mikolaiczik	Vice Chairperson	1.00	Officer Director	$0	$0	$0
Jimmy Greene	Trustee	1.00	Director	$0	$0	$0
Denise Berry	CEO	40.00	Officer	$146,090	$7,280	$153,370
Jayne Roth	Controller	40.00	Officer	$102,500	$5,126	$107,626
Yolanda Bellinger	Chief Clinical Offic	14.00	Officer	$122,600	$6,131	$128,731

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
2024	$11,582,478	$17,546,912	$28,429,110	$-5,964,434
2023	$10,107,653	$10,059,566	$30,369,647	$48,087
2022	$12,194,625	$11,055,403	$31,187,008	$1,139,222
2022	$12,194,625	$11,055,403	$31,187,008	$1,139,222
2021	$10,824,855	$8,710,131	$26,910,154	$2,114,724
2020	$6,770,603	$8,079,211	$21,568,351	$-1,308,608
2019	$9,965,183	$9,839,714	$21,578,269	$125,469
2018	$10,781,545	$10,872,026	$21,224,387	$-90,481

SVRC Industries Inc