SOUTHERN STATES EQUINE SAVERS

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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

LEE ANNE KORTUS

Phone

8322488101

Tax Period

2019-01-01 to 2019-12-31

SOUTHERN STATES EQUINE SAVERS, founded in 2016, is a micro nonprofit that reported $76K in total revenue in fiscal year 2019. Revenue fell 54% from the prior year — a significant decline worth monitoring.

Mission

TO RESCUE HORSES DONKEYS and MULES FROM LIFE THREATENING SITUATIONS INCLUDING THOSE ANIMALS IN KILLPENS DESIGNATED FOR SLAUGTERHOUSES AND PLACE THEM IN SAFE and LOVING PERMANENT HOMES

Program Service Accomplishments

Program 1

Expenses: $74,367 Revenue: $76,268

PURCHASE AND RESCUE OF EQUINE ANIMALS INCLUDING FEED AND

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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 (2019)

Revenue Breakdown

Contributions & Grants $76,268

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $76,268

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,367

Other Expenses $76,152

TOTAL EXPENSES $76,152

Year-over-Year Comparison

	2019	2018	Change
Revenue	$76,268	$164,605	-0.5%
Expenses	$76,152	$155,868	-0.5%
Net Income	$116	$8,737	-1.0%

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

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
LEE A KORTUS	PRESIDENT	24	Officer Director	$0	$0	$0
BELNDA STEWART	SEC/TREAS	10	Officer Director	$0	$0	$0
JNFR McCLEVE	DIRECTOR	10	Director	$0	$0	$0
SUSAN BROWN	DIRECTOR	10	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
2019	$76,268	$76,152	$7,458	$116
2018	$164,605	$155,868	$7,442	$8,737