Salem Inc (EIN 411782105) - 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

2009

Legal Domicile

Principal Officer

Jerry McAfee

Phone

6128011048

Tax Period

2024-01-01 to 2024-12-31

Salem Inc, founded in 2009, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 194% from the prior year, signaling strong growth momentum. Expenses of $2.4M left a modest 4% surplus.

Mission

Salem Inc mission is to providing safe and accessible programming which includes safety youth mentoring individual and development the underserved

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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 $539,725

Program Service Revenue $1,928,244

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,467,969

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,539,288

Fundraising Expenses $0

Program Expenses $1,553,690

Other Expenses $831,698

TOTAL EXPENSES $2,370,986

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,467,969	$840,599	+1.9%
Expenses	$2,370,986	$766,069	+2.1%
Net Income	$96,983	$74,530	+0.3%

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

N/A

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

$152,930

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARLON MOORE	Executive Director	40.00	Director	$92,050	$0	$92,050
KESSA FORD	Secretary	40.00	Director	$60,880	$0	$60,880
JERRY MCAFEE	President	0.00	Director	$0	$0	$0
BILL ENGLISH	Board Member	4.00	Director	$0	$0	$0
MAURICE MCAFEE	Board Member	0.00	Director	$0	$0	$0
ANNA JOHNSON BABBINGTON	Board Member	5.00	Director	$0	$0	$0
SAMUEL OWENS	Board Member	15.00	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
2024	$2,467,969	$2,370,986	$1,879,528	$96,983
2023	$840,599	$766,069	$1,904,541	$74,530
2022	$521,447	$461,911	$1,880,578	$59,536
2021	$306,201	$221,981	$658,362	$84,220
2020	$251,766	$235,538	$1,200,236	$16,228
2019	$350,519	$290,347	$293,390	$60,172
2019	$350,519	$290,347	$293,390	$60,172

Salem Inc