SALEM FOR REFUGEES

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

Luke Glaze

Phone

5037141339

Tax Period

2023-10-01 to 2024-09-30

SALEM FOR REFUGEES, founded in 2021, is a community nonprofit in the International Affairs sector that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $4.3M left a modest 7% surplus.

Mission

TO BRING PEOPLE & RESOURCES TOGETHER TO EMPOWER REFUGEES TO THRIVE.

Program Service Accomplishments

Program 1

Expenses: $2,559,843

RECEPTION, PLACEMENT & CULTURAL ORIENTATION, AND EXTENDED SERVICES THE US STATE DEPARTMENT REQUIRES ALL REFUGEE RESETTLEMENT AGENCIES TO COMPLETE A LIST OF SERVICES WITHIN 3 MONTHS OF ARRIVAL...

RECEPTION, PLACEMENT & CULTURAL ORIENTATION, AND EXTENDED SERVICES THE US STATE DEPARTMENT REQUIRES ALL REFUGEE RESETTLEMENT AGENCIES TO COMPLETE A LIST OF SERVICES WITHIN 3 MONTHS OF ARRIVAL. SERVICES SUCH AS SECURING HOUSING, ENGLISH ENROLLMENT, EMPLOYMENT SERVICES, ETC. CULTURAL ORIENTATION IS A SERIES OF INTERACTIVE CLASSES WHERE NEW FAMILIES CAN LEARN ABOUT IMPORTANT TOPICS SUCH AS US LAWS, FINANCES, LANGUAGE RESOURCES, MENTAL HEALTH, ETC. EXTENDED CASE MANAGEMENT IS A STATE FUNDED PROGRAM THAT ALLOWS RESETTLEMENT AGENCIES TO EXTEND THEIR SERVICES FOR UP TO 24 MONTHS. AT SFR WE PROVIDE LIMITED SERVICES FOR UP TO 5 YEARS. EDUCATION, ADVOCACY, AND AWARENESS WE TAKE OPPORTUNITIES TO ADVOCATE FOR THE CLIENTS WE SERVE AND HELP RAISE AWARENESS ABOUT ISSUES AFFECTING REFUGEES.

Program 2

Expenses: $1,009,276

DIRECT ASSISTANCE SALEM FOR REFUGEES PROVIDES DIRECT FINANCIAL SUPPORT TO FAMILIES RESETTLED IN SALEM. THIS FUND COVERS EXPENSES SUCH AS RENT AND UTILITIES AS NEEDED. SALEM FOR REFUGEES ALSO...

DIRECT ASSISTANCE SALEM FOR REFUGEES PROVIDES DIRECT FINANCIAL SUPPORT TO FAMILIES RESETTLED IN SALEM. THIS FUND COVERS EXPENSES SUCH AS RENT AND UTILITIES AS NEEDED. SALEM FOR REFUGEES ALSO COORDINATES DONATIONS OF FURNITURE AND HOME GOODS TO SETUP HOMES FOR NEWLY ARRIVING FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,577,726

Program Service Revenue $0

Investment Income $0

Other Revenue $92,967

TOTAL REVENUE $4,670,693

Expense Breakdown

Grants Paid $937,759

Salaries & Benefits $1,908,394

Fundraising Expenses $0

Program Expenses $3,569,119

Other Expenses $1,478,661

TOTAL EXPENSES $4,324,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,670,693	$3,500,530	+0.3%
Expenses	$4,324,814	$2,986,019	+0.4%
Net Income	$345,879	$514,511	-0.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

400

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

$142,546

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Luke Glaze	Executive Director	40.0	Officer	$80,428	$2,413	$82,841
Laurel Rightmer	Director of Operations	40.0	Officer	$57,616	$2,089	$59,705
DOUG HOLCOMB	Co-President	5.0	Officer Director	$0	$0	$0
WILLIAM SHIVANDA	Co-President	5.0	Officer Director	$0	$0	$0
Gerry Griffin	Treasurer	5.0	Officer Director	$0	$0	$0
Brittany Deckard	Secretary	5.0	Officer Director	$0	$0	$0
Dr Thu Vu	Board Member	1.0	Director	$0	$0	$0
Linda Myers	Board Member	1.0	Director	$0	$0	$0
Sam Skillern	Board Member	1.0	Director	$0	$0	$0
Michael Wilson	Board Member	1.0	Director	$0	$0	$0
Genevieve Halkett	Board Member	1.0	Director	$0	$0	$0
Jenny Barischoff	Board Member	1.0	Director	$0	$0	$0
Fatima Amiri	Board Member	1.0	Director	$0	$0	$0
Rahel Owenya	Board Member	1.0	Director	$0	$0	$0
Cosimo Storniolo	Board Member	1.0	Director	$0	$0	$0
Saghar Sadeghian	Board Member	1.0	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	$4,670,693	$4,324,814	$4,093,904	$345,879
2023	$3,500,530	$2,986,019	$3,264,588	$514,511
2022	$2,252,315	$1,540,082	$919,792	$712,233