SALEM EDUCATION FOUNDATION (EIN 541253003) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

THOMAS M MCDONALD III

Phone

5403896021

Tax Period

2025-01-01 to 2025-12-31

SALEM EDUCATIONAL FOUNDATION AND ALUMNI ASSOCIATION, founded in 1983, is a small nonprofit in the Education sector that reported $279K in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $91K, a strong 33% operating margin.

Mission

DEVELOP AND MAINTAIN ENDOWMENTS WITH CONTRIBUTIONS FROM GRADUATES OF SALEM HIGH SCHOOL AND OTHER INTERESTED PARTIES. PROVIDE SCHOLARSHIPS FOR GRADUATING SENIORS OF SALEM HIGH SCHOOL. CREATE AN ALUMNI HALL OF FAME TO RECOGNIZE OUTSTANDING ACHIEVEMENTS BY GRADUATES OF SALEM HIGH SCHOOL.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $448,880

Program Service Revenue $0

Investment Income $396,820

Other Revenue $0

TOTAL REVENUE $845,700

Expense Breakdown

Grants Paid $216,809

Salaries & Benefits $6,750

Fundraising Expenses $0

Program Expenses $216,809

Other Expenses $51,996

TOTAL EXPENSES $275,555

Year-over-Year Comparison

	2025	2024	Change
Revenue	$845,700	$431,926	+1.0%
Expenses	$275,555	$250,796	+0.1%
Net Income	$570,145	$181,130	+2.1%

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

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

$6,750

Total Directors

$6,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS M MCDONALD III	DIRECTOR, PRESIDENT	8.00	Officer Director	$0	$0	$0
MG JAMES ARCHER	DIRECTOR & VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
JAMES A ROBERTSON	DIRECTOR & TREASURER	10.00	Officer Director	$0	$0	$0
JENNY PARRISH	DIRECTOR & SECRETARY	5.00	Officer Director	$6,750	$0	$6,750
RICHARD HEDLEY	DIRECTOR	0.10	Director	$0	$0	$0
WAYNE ATKINS	DIRECTOR	0.10	Director	$0	$0	$0
TOMMY BARBER	DIRECTOR	0.10	Director	$0	$0	$0
STEPHEN JANOFCHKA	DIRECTOR	0.10	Director	$0	$0	$0
KELLEY LINKENHOKER	DIRECTOR	0.10	Director	$0	$0	$0
MATT POLLARD	DIRECTOR	0.10	Director	$0	$0	$0
ABBY COLEMAN	DIRECTOR	0.10	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	$845,700	$275,555	$6,643,763	$570,145
2024	No data	No data	No data	No data
2023	$287,998	$225,715	$5,301,948	$62,283
2022	$302,441	$231,354	$4,900,844	$71,087
2021	$333,099	$193,328	$5,510,575	$139,771
2020	$94,227	$135,659	$4,723,867	$-41,432
2019	$176,075	$178,769	$4,431,901	$-2,694
2018	$278,652	$187,998	$3,798,315	$90,654

SALEM EDUCATION FOUNDATION