Oldtown Salinas Foundation

EIN: 770552946 501(c)(3) Human Services

Salinas, CA

Total Revenue
$74,667
Total Expenses
$82,107
Total Assets
$24,195
Net Assets
$21,146
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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
2000
Legal Domicile
CA
Principal Officer
Frank Savino
Phone
8317585966
Tax Period
2024-07-01 to 2025-06-30

Oldtown Salinas Foundation, founded in 2000, is a micro nonprofit in the Human Services sector that reported $75K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

To preserve and promote the development and rehabilitation of the historic downtown area of Salinas within the context of historic preservation, through fundraising, public relations, and community education.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $74,667
TOTAL REVENUE $74,667

Expense Breakdown

Grants Paid $1,775
Salaries & Benefits $16,005
Fundraising Expenses $69,086
Program Expenses $9,005
Other Expenses $64,327
TOTAL EXPENSES $82,107

Year-over-Year Comparison

2024 2023 Change
Revenue $74,667 $65,323 +0.1%
Expenses $82,107 $55,159 +0.5%
Net Income $-7,440 $10,164 -1.7%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
6

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
2
$16,005
Total Directors
2
$16,005
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joel Panzer Vice President 3.00
Officer Director
$16,005 $0 $16,005
Frank Savino President 1.00
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 $74,667 $82,107 $24,195 $-7,440
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