SALEM ACADEMY CHARTER SCHOOL FOUNDATION INC (EIN 830368169) - 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

2003

Legal Domicile

Principal Officer

STEPHANIE CALLAHAN

Phone

9787442105

Tax Period

2024-07-01 to 2025-06-30

SALEM ACADEMY CHARTER SCHOOL FOUNDATION INC, founded in 2003, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $342K, a strong 31% operating margin.

Mission

TO SUPPORT THE ACTIVITIES OF SALEM ACADEMY CHARTER SCHOOL

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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 $1,063,078

Program Service Revenue $0

Investment Income $53,586

Other Revenue $551

TOTAL REVENUE $1,117,215

Expense Breakdown

Grants Paid $774,386

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $775,032

Other Expenses $646

TOTAL EXPENSES $775,032

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,117,215	$1,100,120	+0.0%
Expenses	$775,032	$742,167	+0.0%
Net Income	$342,183	$357,953	0.0%

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

N/A

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

Total Directors

$199,838

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
W STEVENSON PALMER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JENNIFER LUSSIER	BOARD MEMBER	1.00	Director	$0	$0	$0
CONNIE BURKE	TREASURER	1.00	Officer Director	$0	$0	$0
EMILY O'BRIEN	CLERK	1.00	Officer Director	$0	$0	$0
RACHEL HUNT	BOARD MEMBER	1.00	Director	$0	$0	$0
NINA V COHEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHANIE CALLAHAN	BOARD MEMBER	1.00	Director	$0	$0	$199,838
CHRISTINE WYNNE	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM HENNING	BOARD MEMBER	1.00	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	$1,117,215	$775,032	$1,644,600	$342,183
2024	$1,100,120	$742,167	$1,303,843	$357,953
2023	$866,381	$725,446	$948,260	$140,935
2022	$1,469,394	$767,279	$939,626	$702,115
2020	$670,437	$643,399	$590,911	$27,038
2019	$659,633	$555,095	$563,873	$104,538

SALEM ACADEMY CHARTER SCHOOL FOUNDATION INC