CONCORD, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE PSYCHOLOGICAL SERVICES INC, founded in 1990, is a small nonprofit in the Unknown sector that reported $212K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $202K left a modest 4% surplus.
Providing outpatient mental health counseling
Hope Psychological Services provided 1875 therapy sessions were provided in the form of individual group and couple modalities. The staff also provided approximately 10 free consultation hours to...
Hope Psychological Services provided 1875 therapy sessions were provided in the form of individual group and couple modalities. The staff also provided approximately 10 free consultation hours to area pastors as well as community members with questions about therapy as a community service.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $211,758 | $241,990 | -0.1% |
| Expenses | $202,363 | $212,321 | 0.0% |
| Net Income | $9,395 | $29,669 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Andrew Sonnekalb | Executive Director | 32.00 |
Officer
Director
|
$64,073 | $0 | $64,073 |
| Charles Slagen | Board Chair | 1.00 |
Officer
|
$0 | $0 | $0 |
| Dorothy Slagen | Clerk | 1.00 |
Officer
|
$0 | $0 | $0 |
| Jeff Hwang | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $211,758 | $202,363 | $88,283 | $9,395 |
| 2024 | $241,990 | $212,321 | $71,937 | $29,669 |
| 2023 | $166,439 | $186,602 | $28,666 | $-20,163 |
| 2022 | $113,985 | $121,957 | $27,822 | $-7,972 |
| 2021 | $124,834 | $142,535 | $46,378 | $-17,701 |
Compare HOPE PSYCHOLOGICAL SERVICES INC with other nonprofits in Massachusetts and across the country.