SAFE & LEGAL INC (EIN 842589051) - 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

NICK HANSEN

Phone

8132543369

Tax Period

2020-01-01 to 2020-12-31

SAFE & LEGAL INC, founded in 2019, is a micro nonprofit that reported $13K in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $449K exceeded revenue, resulting in a 3399% operating deficit.

Mission

THE CORPORATION IS ORGANIZED AND SHALL OPERATE EXCLUSIVELY FOR THE PROMOTION OF SOCIAL WELFARE AS PERMITTED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE OF THE UNITED STATES, BY, INCLUDING BUT NOT LIMITED TO, RESEARCH, EDUCATION AND COMMUNICATION WITH CITIZENS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $12,833

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,000

Fundraising Expenses $0

Program Expenses $448,996

Other Expenses $438,996

TOTAL EXPENSES $448,996

Year-over-Year Comparison

	2020	2019	Change
Revenue	$12,833	$8,768,039	-1.0%
Expenses	$448,996	$7,879,326	-0.9%
Net Income	$-436,163	$888,713	-1.5%

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

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
NICK HANSEN	CHAIRMAN, PRESIDENT	20.00	Officer Director	$0	$0	$0
JOHN MAGUIRE	TREASURER	2.00	Officer	$0	$0	$0
MIKE FISCHER	SECRETARY	2.00	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
2020	$12,833	$448,996	$52,550	$-436,163
2019	$8,768,039	$7,879,326	$888,713	$888,713

SAFE & LEGAL INC