Salem Saddle Club (EIN 930273168) - 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

1937

Legal Domicile

Principal Officer

Ron Bascue

Phone

5033781463

Tax Period

2024-07-01 to 2025-06-30

Salem Saddle Club, founded in 1937, is a small nonprofit that reported $124K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $148K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE A PLACE WHERE HORSE MINDED PEOPLE CAN GATHER IN ALL KINDS OF WEATHER TO TRAIN AND EXERCISE THEIR HORSE. TO LEARN METHODS OF TRAINING AND CARE OF THE HORSES, AND TO PROVIDE A PLACE FOR MEMBERS TO STALL THEIR HORSES.

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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 $0

Program Service Revenue $120,597

Investment Income $71

Other Revenue $3,516

TOTAL REVENUE $124,184

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,302

Other Expenses $148,331

TOTAL EXPENSES $148,331

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,184	$147,185	-0.2%
Expenses	$148,331	$157,924	-0.1%
Net Income	$-24,147	$-10,739	+1.2%

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
Teri Thomson	Director	5.00	Director	$0	$0	$0
Sue Benjamin	Director	0.00	Director	$0	$0	$0
Brian Watson	Director	0.00	Director	$0	$0	$0
Justin Lopez	Director	0.00	Director	$0	$0	$0
Lori Stancik	Director	0.00	Director	$0	$0	$0
Casey Bergerson	Vice President	4.00	Officer	$0	$0	$0
Ron Bascue	President	10.00	Officer	$0	$0	$0
Melodie Osteen	Treasurer	10.00	Officer	$0	$0	$0
Christine Borchers	Secretary	5.00	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
2025	$124,184	$148,331	$636,566	$-24,147
2024	$147,185	$157,924	$669,978	$-10,739
2023	$154,088	$169,820	$728,200	$-15,732
2022	$149,334	$148,400	$756,111	$934
2021	$127,682	$138,411	$749,764	$-10,729
2020	$86,774	$117,178	$696,904	$-30,404
2019	$82,529	$151,464	$722,488	$-68,935

Salem Saddle Club