VICTORY PROGRAMS INC (EIN 042575322) - 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

1975

Legal Domicile

Principal Officer

SARAH PORTER

Phone

6175410222

Tax Period

2023-07-01 to 2024-06-30

VICTORY PROGRAMS INC, founded in 1975, is a mid-sized nonprofit in the Mental Health sector that reported $30.6M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

VICTORY PROGRAMS OPENS DOORS TO RECOVERY, HOPE AND COMMUNITY FOR INDIVIDUALS AND FAMILIES FACING HOMELESSNESS, ADDICTION OR OTHER CHRONIC ILLNESS. WE ACCOMPLISH OUR MISSION THROUGH TWO DIVISIONS: VICTORY HEALTH AND VICTORY HOUSING. WE SPECIALIZE IN PROVIDING INNOVATIVE CARE AND SERVICES FOR VULNERABLE POPULATIONS IN AN URBAN SETTING, OUR PROGRAMMING INCLUDES RESIDENTIAL TREATMENT AND SUPPORTIVE HOUSING SERVICES TO MORE THAN 1,000 MEN, WOMEN AND CHILDREN EACH YEAR.

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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 $24,721,363

Program Service Revenue $5,461,424

Investment Income $11,693

Other Revenue $427,795

TOTAL REVENUE $30,622,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,640,054

Fundraising Expenses $441,496

Program Expenses $26,304,669

Other Expenses $12,192,046

TOTAL EXPENSES $29,832,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,622,275	$26,779,443	+0.1%
Expenses	$29,832,100	$23,474,483	+0.3%
Net Income	$790,175	$3,304,960	-0.8%

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

450

Volunteers

514

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

$559,017

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG ROBBINS	CHAIR	5.00	Officer Director	$0	$0	$0
DRUSILLA PRATT-OTTO	TREASURER	5.00	Officer Director	$0	$0	$0
ELIZABETH BECKHARDT	CO-CHAIR & CO-CLERK	5.00	Officer Director	$0	$0	$0
ELIZABETH DUGAN	CO-CLERK	5.00	Officer Director	$0	$0	$0
JANE BARROW	DIRECTOR	2.00	Director	$0	$0	$0
KELLY M BRAWN	DIRECTOR	2.00	Director	$0	$0	$0
MARIA DAMICO	DIRECTOR	2.00	Director	$0	$0	$0
MARTY MARTINEZ	DIRECTOR	2.00	Director	$0	$0	$0
JASON MEEHAN	DIRECTOR	2.00	Director	$0	$0	$0
DAN SCHUTT	DIRECTOR	2.00	Director	$0	$0	$0
POONAM SOI	DIRECTOR	2.00	Director	$0	$0	$0
DAVID WHITMAN	DIRECTOR	2.00	Director	$0	$0	$0
LYNN WEISSBERG	DIRECTOR	2.00	Director	$0	$0	$0
SARAH PORTER	EXECUTIVE DIRECTOR	40.00	Officer	$198,985	$15,784	$214,769
MELINDA GIOVENGO	CHIEF PROGRAMS OFFICER	40.00	Officer	$143,425	$11,995	$155,420
CHRISTOPHER LAWRENCE	CHIEF FINANCIAL OFFICER	40.00	Officer	$153,342	$13,947	$167,289
TAYLOR MORLEY	CHIEF OPERATING OFFICER	40.00	Officer	$18,462	$0	$18,462
KELLY WHALEN	CHIEF DEVELOPMENT DIRECTOR	40.00	Officer	$3,077	$0	$3,077
MARGARET VON LOSSNITZER	DIRECTOR OF PREVENTION	40.00	Highest	$101,491	$4,060	$105,551
ELIZABETH BLACKSTONE	DIRECTOR OF RESIDENTIAL SERVICES	40.00	Highest	$107,202	$23,460	$130,662
SAFFRON WALKER-JAGGAN	CHIEF HR DIRECTOR	40.00	Highest	$117,467	$174	$117,641
TAMMY SIMMON	DIRECTOR OF VICTORY HOUSING	40.00	Highest	$106,998	$19,996	$126,994

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	No data	No data	No data	No data
2024	$30,622,275	$29,832,100	$22,006,940	$790,175
2023	$26,779,443	$23,474,483	$23,566,692	$3,304,960
2022	$20,494,134	$18,584,952	$13,484,459	$1,909,182
2021	$14,272,475	$13,633,381	$10,702,976	$639,094
2020	$14,115,133	$13,987,989	$10,969,280	$127,144
2019	$13,125,684	$13,524,899	$9,553,086	$-399,215
2018	$12,994,278	$13,063,633	$9,937,589	$-69,355

VICTORY PROGRAMS INC