SOUTH SALEM SENIORS INC (EIN 931012930) - 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

1989

Legal Domicile

Principal Officer

JESSIE MARTIN

Phone

5035880748

Tax Period

2024-09-01 to 2025-08-31

SOUTH SALEM SENIORS INC, founded in 1989, is a small nonprofit in the Unknown sector that reported $164K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $140K left a modest 14% surplus.

Mission

THE OPERATION OF A SENIOR CENTER WHICH PROVIDES A VENUE FOR EDUCATION AND SOCIAL ACTIVITIES FOR SENIORS AGE 50 AND OVER.

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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 $38,450

Program Service Revenue $96,860

Investment Income $20,212

Other Revenue $8,355

TOTAL REVENUE $163,877

Expense Breakdown

Grants Paid $200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $137,969

Other Expenses $140,102

TOTAL EXPENSES $140,302

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,877	$132,108	+0.2%
Expenses	$140,302	$147,875	-0.1%
Net Income	$23,575	$-15,767	-2.5%

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

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
JESSIE MARTIN	Vice President	1.00	Officer Director	$0	$0	$0
KATE BAYNE	Secretary	2.00	Officer Director	$0	$0	$0
IRENE JOHNSON	Director	0.50	Director	$0	$0	$0
DOLLY ALLEN	Director	0.50	Director	$0	$0	$0
KAREN SLOAN	Treasurer	15.00	Officer Director	$0	$0	$0
YVONNE CORZILIUS	Director	0.50	Director	$0	$0	$0
JULIE AMEN	Director	0.50	Director	$0	$0	$0
MICHELLE MCMICHAEL	OFFICE MANAGER	20.00	Director	$0	$0	$0
GARY D METTS	President	2.00	Officer Director	$0	$0	$0
PAM PANTHER	OFFICE MANAGER	20.00	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
2025	$163,877	$140,302	$1,360,344	$23,575
2024	$132,108	$147,875	$1,337,033	$-15,767
2023	$112,973	$140,317	$1,352,536	$-27,344
2022	$109,426	$128,895	$1,380,181	$-19,469
2021	$34,041	$100,798	$1,399,577	$-66,757
2020	$92,867	$73,273	$1,466,105	$19,594
2019	$118,980	$75,377	$1,443,335	$43,603

SOUTH SALEM SENIORS INC