SPECTRUM YOUTH AND FAMILY SERVICES INC (EIN 030253232) - 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

1970

Legal Domicile

Principal Officer

MARK REDMOND

Phone

8028647423

Tax Period

2023-10-01 to 2024-09-30

SPECTRUM YOUTH AND FAMILY SERVICES INC, founded in 1970, is a community nonprofit in the Human Services sector that reported $8.7M in total revenue in fiscal year 2023.

Mission

TO EMPOWER TEENAGERS, YOUNG ADULTS, AND THEIR FAMILIES TO MAKE AND SUSTAIN POSTIVE CHANGES THROUGH PREVENTION, INTERVENTION, AND LIFE SKILLS 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 $7,640,253

Program Service Revenue $1,019,550

Investment Income $73,464

Other Revenue $-9,288

TOTAL REVENUE $8,723,979

Expense Breakdown

Grants Paid $92,469

Salaries & Benefits $5,846,539

Fundraising Expenses $759,300

Program Expenses $7,290,677

Other Expenses $3,119,908

TOTAL EXPENSES $9,058,916

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,723,979	$8,747,586	0.0%
Expenses	$9,058,916	$8,494,856	+0.1%
Net Income	$-334,937	$252,730	-2.3%

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

115

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

$194,120

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATE MACLACHLAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MATT MURRAY	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
TOM CLAVELLE	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELLE MILLER	SECRETARY	2.00	Officer Director	$0	$0	$0
TRACI GRIFFITH	MEMBER AT LA	2.00	Director	$0	$0	$0
SHAP SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
CHOL DHOOR	BOARD MEMBER	2.00	Director	$0	$0	$0
MATT FRAZEE	BOARD MEMBER	2.00	Director	$0	$0	$0
THATO RATSEBE	BOARD MEMBER	2.00	Director	$0	$0	$0
JANET MCLAUGHLIN	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN MOORHEAD	BOARD MEMBER	N/A	Director	$0	$0	$0
MARY M LEE	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLES HEMINGWAY	BOARD MEMBER	N/A	Director	$0	$0	$0
MARLON FISHER	BOARD MEMBER	2.00	Director	$0	$0	$0
TAYLOR SMALL	BOARD MEMBER	N/A	Director	$0	$0	$0
JONATHAN BILLINGS	BOARD MEMBER	2.00	Director	$0	$0	$0
MARGARET BASS	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN ANTONUCCI	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK REDMOND	EXECUTIVE DI	40.00	Officer	$162,191	$31,929	$194,120
SARAH WOODARD	CHIEF DEV, O	40.00	Highest	$113,335	$30,556	$143,891
MICHAEL GRANT	CFO	40.00	Highest	$102,202	$22,544	$124,746
WILLIAM TOWNE	COO	40.00	Highest	$101,476	$14,418	$115,894

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	$8,723,979	$9,058,916	$11,805,620	$-334,937
2023	$8,747,586	$8,494,856	$11,295,477	$252,730
2022	$10,231,367	$8,204,726	$10,291,050	$2,026,641
2021	$7,605,859	$7,254,761	$8,854,477	$351,098
2020	$6,922,061	$6,096,656	$8,143,315	$825,405
2019	$5,625,300	$5,099,781	$7,115,707	$525,519
2018	$3,899,836	$3,860,453	$6,406,030	$39,383

SPECTRUM YOUTH AND FAMILY SERVICES INC