SALUTING COMMUNITY HEROES

EIN: 834241992 501(c)(3) Public & Societal Benefit

HUTCHINSON, MN

Total Revenue
$267,905
Total Expenses
$89,151
Total Assets
$383,513
Net Assets
$383,513
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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
MN
Principal Officer
SHAD RAY KETCHER
Phone
3205870459
Tax Period
2022-01-01 to 2022-12-31

SALUTING COMMUNITY HEROES, founded in 2019, is a small nonprofit in the Public & Societal Benefit sector that reported $268K in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $179K, a strong 67% operating margin.

Mission

CREATING A VISION AND A PATH FOR A SUCCESSFUL MILITARY EXPERIENCE WHILE PROVIDING A SELF-STRUCTURED PLAN FOR THEIR FUTURE.

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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 $267,500
Program Service Revenue $0
Investment Income $405
Other Revenue $0
TOTAL REVENUE $267,905

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,000
Fundraising Expenses $31,500
Program Expenses $57,555
Other Expenses $59,151
TOTAL EXPENSES $89,151

Year-over-Year Comparison

2022 2021 Change
Revenue $267,905 $232,824 +0.2%
Expenses $89,151 $56,926 +0.6%
Net Income $178,754 $175,898 +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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIM BURLEY TREASURER 25.00
Director
$30,000 $0 $30,000
SHAD RAY KETCHER PRESIDENT 1.00
Director
$0 $0 $0
CLAIRE LENZ 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
2022 $267,905 $89,151 $383,513 $178,754
2021 $232,824 $56,926 $204,759 $175,898
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