Salvage Assurance 3-23 Inc
Only null% goes to programs Growing revenue
Salvage Assurance 3-23 Inc is a 501(c)(3) organization based in Cullman, Alabama, registered in 2016, with $2,000 in FY2022 revenue. CharityIndex grades it C.
308 2nd Ave Se, Cullman, AL, 35055 EIN 46-4233797 Since 2016
Revenue (FY2022)
$2,000
▼ 13.0% vs prior year
Public Benefit median: $140K
Expenses (FY2022)
$2,312
Net assets
$318
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Salvage Assurance 3-23 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating2 mo reserves · -16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Salvage Assurance 3-23 Inc: 2 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Salvage Assurance 3-23 Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Salvage Assurance 3-23 Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
- Address
- 308 2nd Ave Se, Cullman, AL, 35055
- City
- Cullman
- State
- Alabama
- Category
- Public & Societal Benefit
- Subcategory
- Public Benefit Programs
Financial trends
Revenue grew from $1,585 (FY2016) to $2,000 (FY2022) across 7 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $318
Operating margin
-15.6%
Spent more than it raised in the latest fiscal year.
Total assets
$318
Total liabilities
$0
Net assets
$318
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $2,000▼13.0% | $2,312▲0.4% | $318▼49.5% | $318▼49.5% | 990PF |
| 2021 | $2,300▲8.3% | $2,303▲56.6% | $630▼0.5% | $630▼0.5% | 990PF |
| 2020 | $2,123▲41.5% | $1,471▼8.4% | $633▲3432% | $633 | 990PF |
| 2019 | $1,500▼5.1% | $1,606▼7.6% | -$19▼122% | $0▼100% | 990PF |
| 2018 | $1,580▼12.2% | $1,739▼9.9% | $87▼64.6% | $87▼64.6% | 990PF |
| 2017 | $1,800▲13.6% | $1,931▲50.2% | $246▼34.7% | $246▼34.7% | 990PF |
| 2016 | $1,585 | $1,286 | $377 | $377 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Salvage Assurance 3-23 Inc
Frequently asked questions
- Is Salvage Assurance 3-23 Inc a legitimate nonprofit?
- Yes. Salvage Assurance 3-23 Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4233797, based in Cullman, Alabama. Donations are tax-deductible.
- What is Salvage Assurance 3-23 Inc's EIN?
- Salvage Assurance 3-23 Inc's Employer Identification Number (EIN) is 46-4233797.
- How much revenue does Salvage Assurance 3-23 Inc report?
- Salvage Assurance 3-23 Inc reported $2,000 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Salvage Assurance 3-23 Inc have?
- CharityIndex grades Salvage Assurance 3-23 Inc C, based on financial health (reserves and operating margin).
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Data for Salvage Assurance 3-23 Inc (EIN 46-4233797) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.