THE SALTER FAMILY CHARITABLE FOUNDATION (EIN 953924344) - 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

1983

Legal Domicile

Phone

3237618700

Tax Period

2023-01-01 to 2023-12-31

THE SALTER FAMILY CHARITABLE FOUNDATION, founded in 1983, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $68K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 4743% operating deficit.

Mission

GIVING IS DEDICATED TO THE JEWISH COMMUNITY & COMMUNITY AT LARGE TO BENEFIT PROGRAMS & INSTITUTIONS WHICH HAVE AN EMPHASIS ON HEALTH, ARTS & CULTURE, & SOCIAL SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $68,046

Other Revenue $0

TOTAL REVENUE $68,046

Expense Breakdown

Grants Paid $3,289,009

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,289,009

Other Expenses $6,491

TOTAL EXPENSES $3,295,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$68,046	$163,206	-0.6%
Expenses	$3,295,500	$294,252	+10.2%
Net Income	$-3,227,454	$-131,046	+23.6%

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

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

$1,068,297

Total Directors

$173,764

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	ASST SECRETARY/DIRECTOR	0.1	Officer Director	$0	$24,457	$173,764
N/A	PRESIDENT/DIRECTOR	0.1	Officer Director	$0	$0	$0
N/A	VICE PRESIDENT/DIRECTOR	0.1	Officer Director	$0	$0	$0
N/A	DIRECTOR	0.1	Director	$0	$0	$0
N/A	DIRECTOR	0.1	Director	$0	$0	$0
N/A	TREASURER (start 9/2023)	0.1	Officer	$0	$11,931	$336,152
N/A	SECRETARY	0.1	Officer	$0	$35,872	$258,997
N/A	Treasurer (Term 9/2023)	0.1	Officer	$0	$32,129	$299,384

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	No data	No data	No data	No data
2023	$68,046	$3,295,500	$3,326,286	$-3,227,454
2022	$163,206	$294,252	$6,075,376	$-131,046
2021	$349,945	$485,069	$7,853,053	$-135,124
2020	$499,275	$257,891	$7,277,335	$241,384
2019	$316,823	$301,709	$6,642,571	$15,114
2018	$177,606	$283,457	$5,771,012	$-105,851

THE SALTER FAMILY CHARITABLE FOUNDATION