Severe Weather Shelter Network

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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

Christy Smith

Tax Period

2024-01-01 to 2024-12-31

Severe Weather Shelter Network, founded in 2016, is a small nonprofit that reported $184K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $264K exceeded revenue, resulting in a 43% operating deficit.

Mission

Serving the homeless community

Program Service Accomplishments

Program 1

Expenses: $216,161

To partner with community organizations and agencies to provide emergency, overnight shelter on life threatening winter nights for individuals living on the streets.

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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 $182,079

Program Service Revenue $0

Investment Income $0

Other Revenue $2,029

TOTAL REVENUE $184,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,600

Fundraising Expenses $1,034

Program Expenses $216,161

Other Expenses $38,076

TOTAL EXPENSES $263,676

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,108	$479,927	-0.6%
Expenses	$263,676	$470,564	-0.4%
Net Income	$-79,568	$9,363	-9.5%

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

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
Steve Persichetti	President Board of Directors	15.00	Officer	$0	$0	$0
Corey Garris	Vice PresidentBoard of Directors	8.00	Officer	$0	$0	$0
Bob Stewart	Treasurer Board of Directors	8.00	Officer	$0	$0	$0
Elizabeth Catalan	Secretary Board of Directors	8.00	Officer	$0	$0	$0
Christy Smith	Executive Director of Operations	40.00	Officer Key Emp	$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	$184,108	$263,676	No data	$-79,568
2023	$479,927	$470,564	$80,231	$9,363
2022	$773,929	$771,263	$316,235	$2,666
2021	$781,197	$784,323	$372,400	$-3,126
2020	$400,570	$333,523	$118,669	$67,047
2019	$100,022	$102,885	$9,495	$-2,863