SILO WORKS (EIN 822595175) - 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

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.

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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

SILO WORKS