DOUG & CARLA SALMON FOUNDATION INC (EIN 820566250) - 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

2002

Legal Domicile

Principal Officer

CARLA SALMON

Phone

9208301290

Tax Period

2024-01-01 to 2024-12-31

DOUG & CARLA SALMON FOUNDATION INC, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $503K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $118K, a strong 24% operating margin.

Mission

PROVIDE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS AS DETERMINED BY THE BOARD OF DIRECTORS

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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 $445,250

Program Service Revenue $0

Investment Income $57,486

Other Revenue $0

TOTAL REVENUE $502,736

Expense Breakdown

Grants Paid $359,561

Salaries & Benefits $13,089

Fundraising Expenses $0

Program Expenses $371,329

Other Expenses $11,735

TOTAL EXPENSES $384,385

Year-over-Year Comparison

	2024	2023	Change
Revenue	$502,736	$326,606	+0.5%
Expenses	$384,385	$350,790	+0.1%
Net Income	$118,351	$-24,184	-5.9%

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

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

$6,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLA SALMON	PRESIDENT	1.00	Officer Director	$0	$0	$0
BECKY GILBERT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SUE DETIENNE	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
KARA NOWAK	DIRECTOR	0.50	Director	$0	$0	$0
BOB ELLIS	DIRECTOR	0.50	Director	$0	$0	$0
DAN SALMON	DIRECTOR	0.50	Director	$0	$0	$0
THERESA BRAATZ	EXECUTIVE DIRECTOR	4.00	Officer	$0	$186	$6,400

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	$502,736	$384,385	$981,970	$118,351
2023	$326,606	$350,790	$798,827	$-24,184
2022	$463,655	$384,877	$737,751	$78,778
2021	$15,533	$212,443	$624,129	$-196,910
2021	$727,737	$237,384	$912,721	$490,353
2020	$484,728	$295,895	$414,459	$188,833
2019	$349,896	$305,114	$258,675	$44,782
2018	$173,348	$191,585	$202,867	$-18,237

DOUG & CARLA SALMON FOUNDATION INC