SALUTE VETERANS (EIN 842016237) - 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

Principal Officer

Michael E O'Meara

Phone

7038635225

Tax Period

2022-01-01 to 2022-12-31

SALUTE VETERANS, founded in 2019, is a small nonprofit in the Human Services sector that reported $203K in total revenue in fiscal year 2022. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $32K, a strong 16% operating margin.

Mission

We help enable a successful transition and provide transition assistance resources and services to veterans, veteran dependents and active duty personnel via career development, job search, and comprehensive support.

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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 (2022)

Revenue Breakdown

Contributions & Grants $203,157

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $203,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $171,340

Other Expenses $171,340

TOTAL EXPENSES $171,340

Year-over-Year Comparison

	2022	2021	Change
Revenue	$203,157	$107,484	+0.9%
Expenses	$171,340	$89,165	+0.9%
Net Income	$31,817	$18,319	+0.7%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chiaki O'Meara	Treasurer	9	Director	$0	$0	$0
Michael E O'Meara	President	4	Director	$0	$0	$0
Richard Scott	Secretary	1	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
2022	$203,157	$171,340	$47,823	$31,817

SALUTE VETERANS