MONADNOCK FAMILY SERVICES

EIN: 026012230 501(c)(3) Human Services

KEENE, NH

Total Revenue
$15,862,773
Total Expenses
$14,369,562
Total Assets
$4,949,631
Net Assets
$3,884,544
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NH
Principal Officer
KAREN JOHNSON
Phone
6033574400
Tax Period
2024-07-01 to 2025-06-30

MONADNOCK FAMILY SERVICES, founded in 1967, is a mid-sized nonprofit in the Human Services sector that reported $15.9M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $14.4M left a modest 9% surplus.

Mission

MONADNOCK FAMILY SERVICES' MISSION IS TO BE A SOURCE OF HEALTH AND HOPE FOR PEOPLE IN THE COMMUNITIES IN WHICH THEY LIVE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,579,826
Program Service Revenue $12,148,882
Investment Income $94,043
Other Revenue $40,022
TOTAL REVENUE $15,862,773

Expense Breakdown

Grants Paid $19,605
Salaries & Benefits $11,240,671
Fundraising Expenses $0
Program Expenses $12,114,354
Other Expenses $3,109,286
TOTAL EXPENSES $14,369,562

Year-over-Year Comparison

2024 2023 Change
Revenue $15,862,773 $13,614,930 +0.2%
Expenses $14,369,562 $14,850,549 0.0%
Net Income $1,493,211 $-1,235,619 -2.2%
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

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Governance

Voting Members
14
Independent Members
14
Employees
218
Volunteers
70

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
7
$412,125
Total Directors
14
$0
Key Employees
2
$381,361
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA CLOUGH CHAIR 2.00
Officer Director
$0 $0 $0
ALFRED JOHN SANTOS VICE CHAIR 2.00
Officer Director
$0 $0 $0
GLENN GALLOWAY TREASURER 2.00
Officer Director
$0 $0 $0
LAURIE APPEL SECRETARY 2.00
Officer Director
$0 $0 $0
HEATHER SCHECK ASSISTANT SECRETARY 2.00
Officer Director
$0 $0 $0
CHRIS SPRAGUE BOARD MEMBER 2.00
Director
$0 $0 $0
LISA FOOTE BOARD MEMBER 2.00
Director
$0 $0 $0
ED WALKER BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH LEDUC BOARD MEMBER 2.00
Director
$0 $0 $0
JOE SCHAPIRO BOARD MEMBER 2.00
Director
$0 $0 $0
HARRY POLLOCK BOARD MEMBER 2.00
Director
$0 $0 $0
JINSOOK SONG BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW PARSLEY BOARD MEMBER 2.00
Director
$0 $0 $0
JULIE GREEN BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN JOHNSON CHIEF OPERATING OFFICER 40.00
Officer
$0 $0 $0
MELINDA ASBURY CHIEF MEDICAL OFFICER 40.00
Officer
$399,716 $12,409 $412,125
DEBRA COLTEY ADVANCED PRACTICE REGISTER 40.00
Key Emp
$173,943 $24,360 $198,303
TONYA CORNELL ADVANCED PRACTICE REGISTER 40.00
Key Emp
$161,052 $22,006 $183,058
GEORGE PIERS DIRECTOR OF COUNSELING SER 40.00
Highest
$111,035 $36,922 $147,957
PATRICIA DILLE NURSE 40.00
Highest
$142,276 $768 $143,044
KEVIN STEVENSON DIRECTOR OF ACUTE CARE SER 40.00
Highest
$106,811 $2,060 $108,871
PHILIP WYZIK FORMER CHIEF EXECUTIVE OFFICER 40.00
$179,035 $13,851 $192,886
GIGI PRATT FORMER CHIEF FINANCIAL OFFICER 40.00
$126,798 $12,302 $139,100
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 $15,862,773 $14,369,562 $4,949,631 $1,493,211
2024 $13,614,930 $14,850,549 $5,207,200 $-1,235,619
2023 $15,227,517 $14,692,513 $6,495,439 $535,004
2023 $15,235,611 $14,714,974 $6,709,912 $520,637
2022 $15,904,741 $15,971,152 $7,316,671 $-66,411
2021 $14,102,715 $13,434,042 $5,699,911 $668,673
2020 $12,886,475 $12,644,756 $4,446,040 $241,719
2019 $11,145,633 $11,224,592 $3,138,070 $-78,959
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