SPRING MEADOW RESOURCES INC (EIN 810352330) - 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

1974

Legal Domicile

Principal Officer

MICK LEARY

Phone

4064432376

Tax Period

2024-07-01 to 2025-06-30

SPRING MEADOW RESOURCES INC, founded in 1974, is a community nonprofit in the Human Services sector that reported $5.7M in total revenue in fiscal year 2024.

Mission

PROVIDES INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES A HIGHER QUALITY OF LIFE.

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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 $18,962

Program Service Revenue $5,639,598

Investment Income $12,987

Other Revenue $0

TOTAL REVENUE $5,671,547

Expense Breakdown

Grants Paid $500

Salaries & Benefits $4,377,872

Fundraising Expenses $18,211

Program Expenses $4,587,536

Other Expenses $1,153,239

TOTAL EXPENSES $5,531,611

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,671,547	$5,520,365	+0.0%
Expenses	$5,531,611	$5,111,152	+0.1%
Net Income	$139,936	$409,213	-0.7%

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

Employees

156

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

$207,651

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICK LEARY	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID KETTMAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KAY GRAY	TREASURER	1.00	Officer Director	$0	$0	$0
RACHEL CATTREL	DIRECTOR	1.00	Director	$0	$0	$0
MIKE KAKUK	DIRECTOR	1.00	Director	$0	$0	$0
JEAN MORGAN	EXECUTIVE DIRECTOR	40.00	Officer	$101,422	$13,738	$115,160
REBECCA NORRIS	CFO	40.00	Officer	$88,409	$4,082	$92,491

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	$5,671,547	$5,531,611	$8,222,604	$139,936
2024	$5,520,365	$5,111,152	$7,620,434	$409,213
2023	$5,455,300	$4,980,673	$7,028,143	$474,627
2022	$5,709,952	$4,876,604	$6,746,492	$833,348
2021	$5,769,452	$4,888,009	$5,916,709	$881,443
2020	$5,055,108	$4,514,053	$5,536,762	$541,055
2019	$4,846,654	$4,367,700	$4,630,099	$478,954
2018	$4,407,772	$4,138,714	$4,195,941	$269,058

SPRING MEADOW RESOURCES INC