AROOSTOOK MENTAL HEALTH SERVICES INC (EIN 010276859) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

TANYA SLEEPER

Phone

2074986431

Tax Period

2023-10-01 to 2024-09-30

AROOSTOOK MENTAL HEALTH SERVICES INC is a 501(c)(3) with EIN 010276859, based in PRESQUE ISLE, ME. Founded in 1972, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $27,162,713 in total revenue and $26,095,566 in total expenses, with net assets of $12,714,414.

Mission

TO WORK TOGETHER TO PROMOTE THE WELL BEING OF THE COMMUNITY BY PROVIDING HEALTH CARE, SOCIAL AND EDUCATIONAL SERVICES, PROVIDING MENTAL HEALTH SUBSTANCE ABUSE AND RESIDENTIAL SERVICES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,902,602

Program Service Revenue $19,259,185

Investment Income $530,890

Other Revenue $470,036

TOTAL REVENUE $27,162,713

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,517,927

Fundraising Expenses $0

Program Expenses $22,371,771

Other Expenses $5,577,639

TOTAL EXPENSES $26,095,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$27,162,713	$25,945,203	+0.0%
Expenses	$26,095,566	$23,289,470	+0.1%
Net Income	$1,067,147	$2,655,733	-0.6%

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

483

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

$418,037

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELLEN BEMIS	CHIEF EXECUT	40.00	Officer	$247,890	$38,568	$286,458
DAVID HARLAN	LCSW	60.00	Highest	$213,306	$13,030	$226,336
HAROLD AMSEL	PSYCHIATRIST	25.00	Highest	$187,844	$0	$187,844
CHRISTY DAGGETT	CHIEF FINANC	40.00	Officer	$116,998	$14,581	$131,579
SHAWN BABIN	DIRECTOR	1.00	Director	$0	$0	$0
GREG DISY	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA GRASS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HAYES	DIRECTOR	1.00	Director	$0	$0	$0
DICK MARSTON	DIRECTOR	1.00	Director	$0	$0	$0
TRACI PEABODY	CHAIR	1.00	Officer Director	$0	$0	$0
PETER SIROIS	DIRECTOR	1.00	Director	$0	$0	$0
TANYA SLEEPER	DIRECTOR	1.00	Director	$0	$0	$0
TIM VERNON	VICE CHAIR	1.00	Officer 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	$27,162,713	$26,095,566	$17,415,470	$1,067,147
2023	$25,945,203	$23,289,470	$17,550,736	$2,655,733
2022	$24,657,168	$23,438,385	$11,940,044	$1,218,783
2021	$24,033,044	$20,473,485	$9,472,541	$3,559,559
2020	$20,417,383	$19,106,600	$8,359,936	$1,310,783
2019	$19,715,565	$18,514,384	$4,249,276	$1,201,181
2018	$18,282,495	$17,808,723	$3,349,197	$473,772

AROOSTOOK MENTAL HEALTH SERVICES INC