THE SALISBURY SCHOOL EDUCATIONAL FOUNDATION INC (EIN 452080993) - 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

2011

Legal Domicile

Principal Officer

MINDY MYRICK

Phone

4107424464

Tax Period

2024-07-01 to 2025-06-30

THE SALISBURY SCHOOL EDUCATIONAL FOUNDATION INC, founded in 2011, is a small nonprofit in the Education sector that reported $274K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $188K, a strong 69% operating margin.

Mission

TO SUPPORT THE SALISBURY SCHOOL

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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 $192,816

Program Service Revenue $0

Investment Income $80,827

Other Revenue $0

TOTAL REVENUE $273,643

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $43,944

Fundraising Expenses $1,170

Program Expenses $76,096

Other Expenses $1,273

TOTAL EXPENSES $85,217

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,643	$371,461	-0.3%
Expenses	$85,217	$74,350	+0.1%
Net Income	$188,426	$297,111	-0.4%

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

$61,650

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MINDY MYRICK	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$61,650
KEVIN MYERS	PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM ROBINSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DENISE BILLING	TREASURER	1.00	Officer Director	$0	$0	$0
NEOKLIS KYPREOS	SECRETARY	1.00	Officer Director	$0	$0	$0
CARLOS AYALA	INVESTMENT COMMITTEE	1.00	Director	$0	$0	$0
RYAN FITZGERALD	DONOR DEVELOPMENT	1.00	Director	$0	$0	$0
TOM JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
HOPE MORGAN	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT ROBERTSON	TRUSTEE	1.00	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
2025	$273,643	$85,217	$2,670,271	$188,426
2024	$371,461	$74,350	$2,381,722	$297,111
2023	$74,130	$20,850	$2,023,935	$53,280
2022	$1,358,345	$49,156	$1,907,803	$1,309,189
2021	$38,725	$21,042	$641,398	$17,683

THE SALISBURY SCHOOL EDUCATIONAL FOUNDATION INC