SNAC (EIN 465629799) - 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

2014

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

SNAC, founded in 2014, is a micro nonprofit in the Housing & Shelter sector that reported $9K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $54K exceeded revenue, resulting in a 532% operating deficit.

Mission

SNAC IS A NON-PROFIT ORGANIZATION DEDICATED TO DECREASING THE NUMBER OF HOMELESS, INDIGENT, AND HUNGRY CHILDREN IN FLORENCE SCHOOL DISTRICT ONE BY PROVIDING AID TO FAMILIES FOR HOUSEHOLD BILLS OR HOTEL/RESTAURANT VOUCHERS IN EMERGENCY SITUATIONS.

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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 $8,541

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,541

Expense Breakdown

Grants Paid $47,711

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,711

Other Expenses $6,259

TOTAL EXPENSES $53,970

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,541	$14,255	-0.4%
Expenses	$53,970	$20,893	+1.6%
Net Income	$-45,429	$-6,638	+5.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA BALLENGER	MEMBER	1.00	Director	$0	$0	$0
LORAINE STEVENS	MEMBER	1.00	Director	$0	$0	$0
BLAKE BRANHAM	MEMBER	1.00	Director	$0	$0	$0
JANICE HOWARD	MEMBER	1.00	Director	$0	$0	$0
BRENT TILLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JACQUELINE K GRICH	PRESIDENT	4.00	Officer Director	$0	$0	$0
MEREDITH DODGEN	TREASURER	1.00	Officer Director	$0	$0	$0
CINDY WOOD	SECRETARY	1.00	Officer 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
2023	$8,541	$53,970	$8,108	$-45,429
2022	$14,255	$20,893	$53,537	$-6,638
2021	$10,125	$27,977	$60,175	$-17,852
2020	$77,394	$49,345	$78,027	$28,049
2019	$31,602	$36,372	$49,978	$-4,770
2018	$42,272	$63,549	$54,748	$-21,277

SNAC