SRCCO (EIN 562038762) - 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

1997

Legal Domicile

Phone

9199419400

Tax Period

2024-01-01 to 2024-12-31

SRCCO, founded in 1997, is a mid-sized nonprofit in the Community Improvement sector that reported $53.5M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $50.3M left a modest 6% surplus.

Mission

SEE PART III, LINE 1.

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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 $52,930,948

Program Service Revenue $0

Investment Income $617,389

Other Revenue $0

TOTAL REVENUE $53,548,337

Expense Breakdown

Grants Paid $47,057,336

Salaries & Benefits $1,885,023

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,320,113

TOTAL EXPENSES $50,262,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$53,548,337	$44,484,022	+0.2%
Expenses	$50,262,472	$61,911,717	-0.2%
Net Income	$3,285,865	$-17,427,695	-1.2%

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

$766,519

Total Directors

$1,379,803

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD YOUNKIN	PRESIDENT & CEO	17.0	Officer Director	$285,029	$105,842	$766,519
DAVID HENSHALL	VP OF BUSINESS DEVELOPMENT	16.0	Director	$107,131	$73,070	$334,218
KAREN DI SPIGNA	CHIEF ACCOUNTING OFFICER	19.0	Director	$89,691	$88,328	$279,066
ADAM KNAPP	PROGRAM MANAGER	29.0	Highest	$111,941	$34,492	$190,472

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	$53,548,337	$50,262,472	$44,126,161	$3,285,865
2023	$44,484,022	$61,911,717	$38,241,286	$-17,427,695
2022	$45,012,595	$39,505,984	$42,830,224	$5,506,611
2021	$49,465,239	$48,931,880	$42,497,453	$533,359
2020	$48,050,657	$51,521,998	$36,492,507	$-3,471,341
2019	$53,740,662	$48,880,546	$36,238,783	$4,860,116
2018	$40,972,236	$35,122,423	$34,246,347	$5,849,813

SRCCO