SLK HEALTH SERVICES CORPORATION

EIN: 824124830 501(c)(3) Diseases & Disorders

LANHAM, MD

Total Revenue
$514,105
Total Expenses
$594,466
Total Assets
$79,276
Net Assets
$65,080
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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
MD
Principal Officer
SHARON E COKER
Phone
3014532334
Tax Period
2022-07-01 to 2023-06-30

SLK HEALTH SERVICES CORPORATION, founded in 2018, is a small nonprofit in the Diseases & Disorders sector that reported $514K in total revenue in fiscal year 2022. Expenses of $594K exceeded revenue, resulting in a 16% operating deficit.

Mission

Promote the prevention eradication of illnesses infections amongst the HIV LGBTQ HighRisk Negative and all vulnerable communities

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $514,105
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $514,105

Expense Breakdown

Grants Paid $0
Salaries & Benefits $432,463
Fundraising Expenses $0
Program Expenses $432,023
Other Expenses $162,003
TOTAL EXPENSES $594,466

Year-over-Year Comparison

2022 2021 Change
Revenue $514,105 $522,935 0.0%
Expenses $594,466 $436,500 +0.4%
Net Income $-80,361 $86,435 -1.9%
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

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Governance

Voting Members
5
Independent Members
3
Employees
15
Volunteers
25

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
2
$77,953
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON E COKER EXECUTIVE DIRECTOR 50.00
Officer
$40,790 $0 $40,790
KENNETH A ROBINSON COMPLIANCE DATA MGR 50.00
Officer
$37,163 $0 $37,163
BERNARD E ROBINSON DIRETOR N/A
Director
$0 $0 $0
HARRIETT BENNETT VICE CHAIR N/A
Director
$0 $0 $0
DUSTIN B BAKER SECRETARYTREASURER N/A
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
2023 $514,105 $594,466 $79,276 $-80,361
2022 $522,935 $436,500 $214,393 $86,435
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