STEAMBOAT READING INC (EIN 832970520) - 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

2019

Legal Domicile

Phone

9703677670

Tax Period

2024-01-01 to 2024-12-31

STEAMBOAT READING INC, founded in 2019, is a small nonprofit in the Education sector that reported $440K in total revenue in fiscal year 2024.

Mission

CREATING A COMMUNITY OF SUPPORT FOR STRUGGLING READERS AND THEIR FAMILIES THROUGH ONE-ON-ONE TUTORING, FORMAL EVALUATIONS, ADVOCACY, PARENT EDUCATION, AND DYSLEXIA AWARENESS.

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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 $257,187

Program Service Revenue $177,728

Investment Income $5,500

Other Revenue $0

TOTAL REVENUE $440,415

Expense Breakdown

Grants Paid $57,349

Salaries & Benefits $248,818

Fundraising Expenses $47,451

Program Expenses $340,529

Other Expenses $111,601

TOTAL EXPENSES $427,518

Year-over-Year Comparison

	2024	2023	Change
Revenue	$440,415	$419,588	+0.0%
Expenses	$427,518	$312,371	+0.4%
Net Income	$12,897	$107,217	-0.9%

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

Governance

Voting Members

Independent Members

Employees

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

$83,213

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM SCHULZ	Executive Dir.	45.00	Officer	$83,213	$0	$83,213
GLEN TRAYLOR	President	1.00	Officer Director	$0	$0	$0
LORYN DUKE	Vice President	1.00	Officer Director	$0	$0	$0
MICHAEL MADIGAN	Treasurer	1.00	Officer Director	$0	$0	$0
ELIZABETH DIAMOND	Secretary	1.00	Officer Director	$0	$0	$0
SALLY MESSINGER	Director	1.00	Director	$0	$0	$0
TIM HOPPIN	Director	1.00	Director	$0	$0	$0
MARY HICKOK	Director	1.00	Director	$0	$0	$0
PAM MORGAN	Director	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
2024	$440,415	$427,518	$256,772	$12,897
2023	$419,588	$312,371	$225,913	$107,217
2022	$247,740	$208,848	$115,331	$38,892
2021	$219,709	$175,341	$72,356	$44,368
2020	$129,651	$116,121	$27,375	$13,530
2019	$108,238	$97,483	$13,140	$10,755

STEAMBOAT READING INC