SILO WORKS

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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

2018

Legal Domicile

Principal Officer

EDWIN HERR

Phone

6107159952

Tax Period

2024-08-01 to 2025-07-31

SILO WORKS, founded in 2018, is a small nonprofit in the Human Services sector that reported $481K in total revenue in fiscal year 2024. Expenses of $561K exceeded revenue, resulting in a 17% operating deficit.

Mission

SERVING AND PROVIDING MEALS, HELP, SUPPORT AND LOVE TO LOCAL COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $108,201

SILO HOSTS A MONTHLY FREE MEAL FOR THE COMMUNITY. THE MEAL ATTRACTS 250-400 PEOPLE IN THE AREA WHO ARE IN NEED OF A FRIEND OR A FREE MEAL. GUESTS SPAN A WIDE RANGE OF EXPERIENCES AND BACKGROUNDS...

SILO HOSTS A MONTHLY FREE MEAL FOR THE COMMUNITY. THE MEAL ATTRACTS 250-400 PEOPLE IN THE AREA WHO ARE IN NEED OF A FRIEND OR A FREE MEAL. GUESTS SPAN A WIDE RANGE OF EXPERIENCES AND BACKGROUNDS INCLUDING FOLKS WITH LIMITED PHYSICAL OR MENTAL ABILITY, SENIORS, FAMILIES, SINGLE PARENTS, IMMIGRANTS, AND FOLKS WHO ARE HOMELESS. THE MEAL CREATES A SAFE SPACE WHERE PEOPLE FROM ALL WALKS OF LIFE COME TOGETHER AND FORM COMMUNITY.

Program 2

Expenses: $297,801

THE DELIVERING HOPE PROGRAM ENSURES NO ONE IN THE OXFORD COMMUNITY IS ISOLATED OR EXPERIENCING FOOD INSECURITY. WE SUPPORT OUR FRIENDS THROUGH RELATIONSHIP BUILDING AND ONGOING FOOD DELIVERIES. TWICE PER WEEK, GROCERY BAGS OF FRESH PRODUCE, MEAT, CANNED GOODS AND HYGIENE SUPPLIES ARE DELIVERED TO THE FRONT DOOR OF VULNERABLE PEOPLE IN OUR COMMUNITY. THIS ENSURES NO OBSTACLES, LIKE TRANSPORTATION, STAND IN THE WAY OF PEOPLE RECEIVING THE FOOD THEY NEED. WHEN DELIVERING FOOD, WE FIND THAT RELATIONAL CONNECTION IS ONE OF THE MOST HOPEFUL THINGS WE BRING TO PEOPLE'S DOORSTEP.

Program 3

Expenses: $19,563

TO HELP OUR FRIENDS FURTHER STABILIZE THEIR FOOD SOURCE, WE LAUNCHED GROWING WITH SILO, A BACKYARD GARDENING PROGRAM THAT HAS MADE, INSTALLED AND FILLED 286 RAISED GARDEN BEDS IN THE BACKYARDS OF THE MOST VULNERABLE PEOPLE IN OXFORD. THESE MINI VEGETABLE GARDENS EMPOWER OUR FRIENDS TO GROW THEIR OWN FOOD. TO INCREASE FOOD GROWING CAPACITY, SILO CREATED THE GROWING TOGETHER COMMUNITY GARDEN- A PLACE WHERE FRIENDS AND NEIGHBORS COME TOGETHER TO GROW FOOD FOR THEMSELVES AND OTHERS. THE 1,500 POUNDS OF PRODUCE GROWN IN THE GARDEN LAST YEAR WAS GIVEN AWAY ON THE FREE PRODUCE STAND. AN AVERAGE OF 130 PEOPLE VISIT THE GARDEN EACH MONTH TO VOLUNTEER, ATTEND AN EDUCATIONAL WORKSHOP OR LIVE MUSIC EVENT. THE GARDEN HAS EXPANDED TO A SECOND LOCATION, ADDING AN ADDITION 10,000 SQUARE FEET OF GROWING SPACE. THE NEW COMMUNITY ORCHARD WILL INCREASE THE AMOUNT OF FRUIT WE ARE ABLE TO GROW AND GIVE AWAY TO THOSE FACING FOOD INSECURITY.

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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 $482,578

Program Service Revenue $0

Investment Income $140

Other Revenue $-1,286

TOTAL REVENUE $481,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $203,663

Fundraising Expenses $41,326

Program Expenses $471,544

Other Expenses $357,682

TOTAL EXPENSES $561,345

Year-over-Year Comparison

	2024	2023	Change
Revenue	$481,432	$497,744	0.0%
Expenses	$561,345	$450,046	+0.2%
Net Income	$-79,913	$47,698	-2.7%

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

Volunteers

161

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
EDWIN HERR	CHAIRMAN	1.50	Officer Director	$0	$0	$0
DANIEL HULSE	TREASURER	0.50	Officer Director	$0	$0	$0
ELIZABETH RICHNER	SECRETARY	0.25	Officer Director	$0	$0	$0
AJENE LIVINGSTON	DIRECTOR	0.50	Director	$0	$0	$0
KENNETH PITTS	DIRECTOR	0.50	Director	$0	$0	$0
HILLARY SHERIDAN	DIRECTOR	0.25	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
2025	$481,432	$561,345	$187,245	$-79,913
2024	$497,744	$450,046	$267,160	$47,698
2023	$324,379	$302,870	$224,319	$21,509
2022	$351,060	$320,504	$201,688	$30,556
2021	$242,056	$178,645	$157,955	$63,411
2020	$224,697	$132,124	$111,510	$92,573