Savecom

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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

2007

Legal Domicile

Principal Officer

Kenneth Bow President

Tax Period

2023-01-01 to 2023-12-31

Savecom, founded in 2007, is a small nonprofit in the Religion sector that reported $908K in total revenue in fiscal year 2023. Revenue surged 374% from the prior year, signaling strong growth momentum. The organization ran a surplus of $595K, a strong 66% operating margin.

Mission

To receive and disburse charitable contributions for ministry services and the furtherance of the Apostolic Faith.

Program Service Accomplishments

Program 1

Expenses: $313,077 Revenue: $908,409

We disburse contributions to various religious and charitable ministry services as approved by our board of directors.

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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 $908,409

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $908,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,209

Fundraising Expenses $0

Program Expenses $313,077

Other Expenses $283,868

TOTAL EXPENSES $313,077

Year-over-Year Comparison

	2023	2022	Change
Revenue	$908,409	$191,523	+3.7%
Expenses	$313,077	$179,551	+0.7%
Net Income	$595,332	$11,972	+48.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vaughn Reece	Treasurer	0.00	Director	$0	$0	$0
Preston Brank	Secretary	0.00	Director	$0	$0	$0
Kendra Purtell	Vice President	0.00	Director	$0	$0	$0
Kenneth Bow	President	10.00	Officer	$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
2024	No data	No data	No data	No data
2023	$908,409	$313,077	$2,376,430	$595,332
2022	$191,523	$179,551	$1,781,098	$11,972
2021	$450,089	$196,584	$1,762,203	$253,505
2020	$376,356	$180,199	$1,498,645	$196,157
2019	$293,983	$185,528	$1,363,419	$108,455
2018	$210,365	$161,548	$1,253,359	$48,817