THE MAY INSTITUTE INC (EIN 042197449) - 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

1955

Legal Domicile

Principal Officer

LAUREN C SOLOTAR

Phone

7814400400

Tax Period

2024-07-01 to 2025-06-30

THE MAY INSTITUTE INC, founded in 1955, is a major nonprofit in the Mental Health sector that reported $163.9M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

MAY INSTITUTE PROUDLY SERVES INDIVIDUALS ACROSS THE LIFESPAN (SEE SCHEDULE O)WITH AUTISM, DEVELOPMENTAL DISABILITIES, INTELLECTUAL DISABILITIES, NEUROLOGICAL DISORDERS, AND BEHAVIOR DISORDERS TO PROMOTE INDEPENDENCE, CHOICE, DIGNITY, AND RESPECT. WE PROVIDE COMPASSIONATE AND CARING EDUCATIONAL, THERAPEUTIC, HABILITATIVE, AND CONSULTING SERVICES GROUNDED IN EVIDENCE-BASED PRACTICE.MAY INSTITUTE IS COMMITTED TO EXCELLENCE IN SPECIALIZED SERVICES THROUGH TRAINING, RESEARCH, AND THE HIGHEST LEVEL OF PROFESSIONAL EXPERTISE TO MEET THE BROAD RANGE OF NEEDS IN INDIVIDUALS, FAMILIES, SCHOOLS, AND COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,560,320

Program Service Revenue $161,046,760

Investment Income $1,102,625

Other Revenue $204,777

TOTAL REVENUE $163,914,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,839,920

Fundraising Expenses $570,500

Program Expenses $144,158,364

Other Expenses $29,656,160

TOTAL EXPENSES $160,496,080

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,914,482	$149,683,465	+0.1%
Expenses	$160,496,080	$145,469,460	+0.1%
Net Income	$3,418,402	$4,214,005	-0.2%

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

Governance

Voting Members

Independent Members

Employees

2489

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

$1,304,418

Total Directors

Key Employees

$1,512,691

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD WICHMANN	CHAIRPERSON	5.00	Officer Director	$0	$0	$0
NANCY NAGER	VICE CHAIRPERSON AND ASSISTANT TREASURER	1.00	Director	$0	$0	$0
Q SOPHIE YANG	SECRETARY	1.00	Officer Director	$0	$0	$0
DON RICCIATO	DIRECTOR	1.00	Director	$0	$0	$0
IKECHUKWU OKONKWO	DIRECTOR	1.00	Director	$0	$0	$0
JOAN GOLDBERG	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WESTWOOD	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN KATZ	DIRECTOR	1.00	Director	$0	$0	$0
LEE ANN FATALO	DIRECTOR	1.00	Director	$0	$0	$0
MARY LOU MALONEY	DIRECTOR	1.00	Director	$0	$0	$0
NEAL TODRYS	DIRECTOR	1.00	Director	$0	$0	$0
PETER FARRELL	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM RIEDERS	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN SOLOTAR	PRESIDENT & CEO	48.00	Officer	$560,656	$137,579	$698,235
MICHAEL TOBIN	TREASURER, CFO (UNTIL 12/28/24)	48.00	Officer	$345,034	$33,055	$378,089
NATASA VUCETIC	TREASURER, CFO (AS OF 07/15/24)	48.00	Officer	$127,597	$985	$128,582
HEATHER BOMBARD	CLERK	48.00	Officer	$81,868	$17,644	$99,512
DEBRA BLAIR	CHIEF OPERATING OFFICER	40.00	Key Emp	$428,429	$85,518	$513,947
BRIAN CARBONE	SVP ADULT SERVICES	40.00	Key Emp	$240,547	$30,037	$270,584
PAMELA RAYMOND	SVP EDUCATION SERVICES	40.00	Key Emp	$222,676	$23,657	$246,333
ROBERT PUTNAM	CLINICAL EXECUTIVE VP OF PBIS	40.00	Key Emp	$216,931	$34,084	$251,015
TOM STANTON	SR VP ADULT SVCS	40.00	Key Emp	$188,998	$41,814	$230,812
ELEMI OJEIKERE	SERVICE MANAGER	40.00	Highest	$233,936	$28,697	$262,633
JENNIFER ZARCONE	CCO	40.00	Highest	$248,819	$9,642	$258,461
SAMSON KALEMA	PROGRAM COORDINATOR	40.00	Highest	$195,912	$13,233	$209,145
HUSSEIN YAKUBU	DIRECT SUPPORT	40.00	Highest	$182,019	$12,894	$194,913
JULIE HOPPER	SR DIRECTOR OF HR	40.00	Highest	$170,693	$7,459	$178,152

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	$163,914,482	$160,496,080	$108,139,602	$3,418,402
2024	$149,683,465	$145,469,460	$105,023,384	$4,214,005
2023	$142,925,248	$140,927,016	$100,707,894	$1,998,232
2022	$141,934,180	$137,069,888	$81,888,199	$4,864,292
2021	$132,994,420	$127,960,032	$79,612,880	$5,034,388
2020	$131,566,926	$131,106,202	$63,879,887	$460,724
2019	$125,003,395	$123,901,140	$57,026,597	$1,102,255
2018	$121,417,752	$119,981,955	$57,433,082	$1,435,797

THE MAY INSTITUTE INC