SALEM VILLAGES INCORPORATED (CENTRAL ORG C/O F FRANK MACY JR (EIN 631005947) - 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

1989

Legal Domicile

Principal Officer

JUDITH HAIZLIP

Phone

3367943845

Tax Period

2023-01-01 to 2023-12-31

SALEM VILLAGES INCORPORATED (CENTRAL ORG C/O F FRANK MACY JR, founded in 1989, is a micro nonprofit that reported $4K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $281K exceeded revenue, resulting in a 7839% operating deficit.

Mission

CHARITABLE ORGANIZATION THAT IS THE ADMINISTRATIVE HOLDER OF THE GROUP TAX EXEMPTION FOR MULTIPLE TAX-EXEMPT SUBORDINATES THAT INDIVIDUALLY PROVIDE SKILLED LONG-TERM CARE SERVICES OR FUNCTIONS FOR THE ELDERLY.

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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 $0

Program Service Revenue $0

Investment Income $3,545

Other Revenue $0

TOTAL REVENUE $3,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,650

Fundraising Expenses $0

Program Expenses $281,430

Other Expenses $279,780

TOTAL EXPENSES $281,430

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,545	$81,538	-1.0%
Expenses	$281,430	$10,552	+25.7%
Net Income	$-277,885	$70,986	-4.9%

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

$1,650

Total Directors

$1,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JUDITH HAIZLIP	PRESIDENT	1.00	Officer Director	$550	$0	$550
MADELINE D'HEILLY	VICE PRESIDENT	1.00	Officer Director	$550	$0	$550
LINDA KOONS	VICE PRESIDENT	1.00	Officer Director	$550	$0	$550

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	$3,545	$281,430	$49,726	$-277,885
2022	$81,538	$10,552	$325,597	$70,986
2021	$289	$283,301	$254,611	$-283,012
2020	$1,409	$119,587	$537,623	$-118,178
2019	$6,794	$60,068	$655,801	$-53,274
2018	$701,184	$71,013	$709,075	$630,171

SALEM VILLAGES INCORPORATED (CENTRAL ORG C/O F FRANK MACY JR