SALTY LIFE (EIN 873919074) - 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

2021

Legal Domicile

Principal Officer

WILLIAM LAUER

Phone

7604209498

Tax Period

2024-01-01 to 2024-12-31

SALTY LIFE, founded in 2021, is a small nonprofit in the Religion sector that reported $524K in total revenue in fiscal year 2024. Revenue surged 2488% from the prior year, signaling strong growth momentum. The organization ran a surplus of $384K, a strong 73% operating margin.

Mission

TO HELP UNDERPRIVILEGED OR IMPOVERISHED PEOPLE WITH A FOCUS ON CHILDREN SO THAT THEY CAN LEAD A MORE MEANINGFUL AND PURPOSEFUL LIFE.

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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 $4,000

Program Service Revenue $0

Investment Income $520,261

Other Revenue $0

TOTAL REVENUE $524,261

Expense Breakdown

Grants Paid $135,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,000

Other Expenses $5,430

TOTAL EXPENSES $140,430

Year-over-Year Comparison

	2024	2023	Change
Revenue	$524,261	$20,259	+24.9%
Expenses	$140,430	$305	+459.4%
Net Income	$383,831	$19,954	+18.2%

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

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
WILLIAM LAUER	PRESIDENT AND SECRETARY	1.00	Officer Director	$0	$0	$0
PATRICA LAUER	VICE PRESIDENT AND TREASUR	1.00	Officer 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	$524,261	$140,430	$2,368,019	$383,831
2023	$20,259	$305	$1,946,185	$19,954
2022	$38,127	No data	$1,926,231	No data
2021	$2,000,885	$885	$2,000,000	$2,000,000

SALTY LIFE