New Salem Counseling Inc (EIN 923511690) - Form 990 Financial Analysis & Trantor Score

🔒

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

2023

Legal Domicile

Principal Officer

Don Schmidt

Phone

3367145500

Tax Period

2024-01-01 to 2024-12-31

New Salem Counseling Inc, founded in 2023, is a small nonprofit in the Religion sector that reported $273K in total revenue in fiscal year 2024. The organization ran a surplus of $129K, a strong 47% operating margin.

Mission

New Salem Counseling exists to point people to the hope and healing found in Jesus Christ Provide conseling to restore marriages strenghten families and encourage individuals

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $136,014

Program Service Revenue $137,092

Investment Income $0

Other Revenue $0

TOTAL REVENUE $273,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,872

Fundraising Expenses $0

Program Expenses $121,119

Other Expenses $26,385

TOTAL EXPENSES $144,257

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,106	N/A	N/A
Expenses	$144,257	N/A	N/A
Net Income	$128,849	N/A	N/A

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

N/A

Employees

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	Role	Reportable Comp	Other Comp	Total
DONALD SCHMIDT	Pastor	Director	$0	$0	$0
DR STEVEN ACKLEY	Pastor	Director	$0	$0	$0
ANNA MITCHELL	BOD Member	Officer Director	$0	$0	$0
JOSH HANES	BOD Member	Director	$0	$0	$0
DR LIBBY WOLOSIEWICZ	BOD Member	Director	$0	$0	$0
JESSICA EPPLEY	BOD Member	Director	$0	$0	$0
DR NATHAN MOORE	BOD Member	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	$273,106	$144,257	$151,955	$128,849

New Salem Counseling Inc