SALINA FIELD HOUSE LENDER INC (EIN 813107575) - 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

2016

Legal Domicile

Principal Officer

KARL RYAN

Phone

7853095700

Tax Period

2023-01-01 to 2023-12-31

SALINA FIELD HOUSE LENDER INC, founded in 2016, is a micro nonprofit that reported $88K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $8.7M exceeded revenue, resulting in a 9828% operating deficit.

Mission

FOR ORGANIZATION'S MISSION. THE FUNCTION IS TO ASSIST IN PROMOTING ECONOMIC DEVELOPMENT IN THE CITY OF SALINA BY PROVIDING DEBT FINANCING TO ALLOW FOR INCREASED AVAILABILITY OF NEW MARKETS TAX CREDITS AS DEFINED IN SECTION 45D OF THE IRS CODE OF 1986.

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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 $87,533

Other Revenue $0

TOTAL REVENUE $87,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $8,690,589

Other Expenses $8,690,589

TOTAL EXPENSES $8,690,589

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,533	$119,494	-0.3%
Expenses	$8,690,589	$128	+67894.2%
Net Income	$-8,603,056	$119,366	-73.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRENT DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
TODD DAVIDSON	PRESIDENT	1.00	Officer	$0	$0	$0
SAMANTHA ANGELL	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MARK RITTER	SECRETARY	1.00	Officer	$0	$0	$0
MIKE HOPPOCK	TREASURER	1.00	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
2023	$87,533	$8,690,589	No data	$-8,603,056
2022	$119,494	$128	$9,457,854	$119,366
2021	$119,494	$128	$9,338,488	$119,366
2020	$119,494	$128	$9,219,122	$119,366
2019	$119,494	$128	$9,099,756	$119,366
2018	$119,496	$87	$8,980,390	$119,409

SALINA FIELD HOUSE LENDER INC