Sabu Shake Sr Memorial Foundation (EIN 824765764) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Sabu Shake

Phone

8316459124

Tax Period

2024-01-01 to 2024-12-31

Sabu Shake Sr Memorial Foundation, founded in 2018, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $39K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

To develop partnerships with local individuals and businesses and to engage in financial support and commitment that will sustain long-term fundraising to help raise awareness with the homeless and people in need in our community through the conduit of the salvation army - Monterey Peninsula Corp.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,800

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $38,800

Expense Breakdown

Grants Paid $39,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,000

Other Expenses $1,817

TOTAL EXPENSES $40,817

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,800	$23,100	+0.7%
Expenses	$40,817	$27,140	+0.5%
Net Income	$-2,017	$-4,040	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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
Susan A Conley-Boutonnet	Director	5.00	Director	$0	$0	$0
Sabu Shake	President	5.00	Officer	$0	$0	$0
Chris Shake	Vice President	5.00	Officer	$0	$0	$0
Betty Whittle	Treasurer	5.00	Officer	$0	$0	$0
Karen Rodriguez	Secretary	5.00	Officer	$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
2024	$38,800	$40,817	$1,965	$-2,017
2023	$23,100	$27,140	$2,997	$-4,040
2022	$378,007	$384,699	$7,037	$-6,692
2021	$283,953	$287,065	$13,951	$-3,112
2020	$181,251	$191,372	$16,841	$-10,121
2019	$274,867	$259,542	$36,962	$15,325

Sabu Shake Sr Memorial Foundation