GREATER SALISBURY COMMITTEE INC

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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

1967

Legal Domicile

Principal Officer

MICHAEL DUNN

Phone

4107425161

Tax Period

2024-09-01 to 2025-08-31

GREATER SALISBURY COMMITTEE INC, founded in 1967, is a small nonprofit that reported $300K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

WE SEEK TO COOPERATE WITH AND ASSIST GOVERNMENT AUTHORITIES AND OTHER PRIVATE ORGANIZATIONS TO FIND BROAD AND SOUND SOLUTIONS FOR PROBLEMS IN THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $219,571 Revenue: $299,934

WE SEEK TO BRING SMALL BUSINESSES AND LOCAL LEADERS TOGETHER TO HELP RESOLVE ISSUES IN THE COMMUNITY.

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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 $0

Program Service Revenue $295,191

Investment Income $4,743

Other Revenue $0

TOTAL REVENUE $299,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,054

Fundraising Expenses $0

Program Expenses $219,571

Other Expenses $81,706

TOTAL EXPENSES $292,760

Year-over-Year Comparison

	2024	2023	Change
Revenue	$299,934	$256,628	+0.2%
Expenses	$292,760	$276,166	+0.1%
Net Income	$7,174	$-19,538	-1.4%

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

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

$115,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS ECCLESTON	CHAIR	0.00	Director	$0	$0	$0
DONNA DEFINO	IMMEDIATE PAST CHAIR	0.00	Director	$0	$0	$0
GREG TAWES	SECRETARY/TREASURER	0.00	Director	$0	$0	$0
KATHERINE JONES	1ST VICE CHAIR	0.00	Director	$0	$0	$0
JONATHAN HOLLOWAY	2ND VICE CHAIR	0.00	Director	$0	$0	$0
MICHAEL DUNN	PRESIDENT/CEO	40.00	Officer	$115,000	$0	$115,000

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	$299,934	$292,760	$151,228	$7,174
2024	$256,628	$276,166	$142,506	$-19,538
2023	$256,244	$275,316	$167,928	$-19,072
2022	$238,356	$231,802	$181,286	$6,554
2021	$239,894	$222,751	$174,732	$17,143
2020	$226,066	$227,650	$157,489	$-1,584
2019	$244,274	$226,720	$159,034	$17,554
2018	$249,371	$220,527	$145,169	$28,844