SWANC INC (EIN 631144071) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

Seth Skalnik

Phone

2054254401

Tax Period

2024-06-01 to 2025-05-31

SWANC INC, founded in 1995, is a micro nonprofit in the Education sector that reported $43K in total revenue in fiscal year 2017. The organization ran a surplus of $39K, a strong 91% operating margin.

Mission

Post Secondary Educational Funding

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $41,672

Program Service Revenue $0

Investment Income $645

Other Revenue $0

TOTAL REVENUE $42,317

Expense Breakdown

Grants Paid $34,210

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,210

Other Expenses $3,769

TOTAL EXPENSES $37,979

Year-over-Year Comparison

	2024	2023	Change
Revenue	$42,317	$41,363	+0.0%
Expenses	$37,979	$21,339	+0.8%
Net Income	$4,338	$20,024	-0.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
Lowell Atcheson	Director / Corp Assist Secretary	1.00	Officer Director	$0	$0	$0
Eleanor Beavers	Director / Corp Assist Bus Manager	1.00	Officer Director	$0	$0	$0
Kathy Brooks-Stegall	Director / Corp Treasurer	2.00	Officer Director	$0	$0	$0
Tellis Groom	Director / Corp Assist Bus Manager	1.00	Officer Director	$0	$0	$0
Wayne Rice	Corp Assist Treasurer	1.00	Officer	$0	$0	$0
Seth Skalnik	Director / Corp Vice President	1.00	Officer Director	$0	$0	$0
Wesley Stripling	Director / Corp Assist Secretary	1.00	Officer Director	$0	$0	$0
Lamar Wilkerson	Director / Corp Assist Bus Manager	1.00	Officer Director	$0	$0	$0
Reginald Williams	Director / Corporate Secretary	2.00	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
2025	$42,317	$37,979	$1,112,612	$4,338
2024	$41,363	$21,339	$1,114,400	$20,024
2023	$40,027	$16,268	$1,098,930	$23,759
2022	$44,656	$2,608	$1,079,255	$42,048
2021	$36,954	$11,948	$1,048,868	$25,006
2020	$49,453	$3,090	$1,029,824	$46,363
2019	$41,804	$2,902	$988,866	$38,902
2018	$43,268	$3,981	$949,964	$39,287

SWANC INC