SALT AIR CLUB (EIN 951182715) - 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

1935

Legal Domicile

Principal Officer

TED KAHAN

Phone

8188941388

Tax Period

2024-01-01 to 2024-12-31

SALT AIR CLUB, founded in 1935, is a small nonprofit that reported $175K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $519K represent 36 months of operating reserves.

Mission

SALT AIR CLUB IS A SOCIAL/BEACH CLUB. MEMBERS UTILIZE FACILITIES TO ENJOY BEACH ACCESS.

🔒

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 $0

Program Service Revenue $172,000

Investment Income $2,800

Other Revenue $0

TOTAL REVENUE $174,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $174,609

TOTAL EXPENSES $174,609

Year-over-Year Comparison

	2024	2023	Change
Revenue	$174,800	$129,656	+0.3%
Expenses	$174,609	$218,444	-0.2%
Net Income	$191	$-88,788	-1.0%

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

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
TED KAHAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
VESA TONTTI	TREASURER	2.00	Officer Director	$0	$0	$0
ALEX PERSSON	BOARD MEMBER	0.25	Director	$0	$0	$0
BENJAMIN KRUGER	BOARD MEMBER	0.25	Director	$0	$0	$0
MONICA DAY VALTIERRA	BOARD MEMBER	0.25	Director	$0	$0	$0
SARAH SHETTER	BOARD MEMBER	0.25	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	$174,800	$174,609	$518,519	$191
2023	$129,656	$218,444	$518,328	$-88,788
2022	$153,514	$107,233	$607,116	$46,281
2021	$261,628	$106,495	$560,835	$155,133

SALT AIR CLUB