SOLUTIONS FOR LIVING INC

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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

1994

Legal Domicile

Principal Officer

MARGARET DICORI

Phone

9788575583

Tax Period

2021-07-01 to 2022-06-30

SOLUTIONS FOR LIVING INC, founded in 1994, is a small nonprofit that reported $887K in total revenue in fiscal year 2021. Revenue decreased 14% compared to the prior year.

Mission

THE ORGANIZATION PROVIDES COUNSELING AND MEDIATION SERVICES TO CHILDREN, ADOLESCENTS, AND THEIR FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $468,879 Revenue: $667,966

THE PARENT MENTOR PROGRAM IS A HOME-BASED SERVICE FOCUSING ON BUILDING PARENTING SKILLS THROUGH THE DEVELOPMENT OF A NURTURING, NON-AUTHORITARIAN RELATIONSHIP BETWEEN THE PARENT-MENTOR AND THE...

THE PARENT MENTOR PROGRAM IS A HOME-BASED SERVICE FOCUSING ON BUILDING PARENTING SKILLS THROUGH THE DEVELOPMENT OF A NURTURING, NON-AUTHORITARIAN RELATIONSHIP BETWEEN THE PARENT-MENTOR AND THE CLIENT. THE PROGRAM REPRESENTS A DIVERSE APPROACH TO PREVENTION AND TREATMENT OF CHILD ABUSE AND NEGLECT BY BEING FLEXIBLE AND ADAPTING TO THE NEEDS OF THE PARENTS. THE PROGRAM PROVIDED SERVICE TO 113 PUBLICLY SPONSORED CLIENTS IN FISCAL YEAR 2022.

Program 2

Expenses: $120,659 Revenue: $59,491

THE CONFLICT OF INTEREST PROGRAM OFFERS DISPUTE RESOLUTION SERVICES TO INDIVIDUALS WHO SEEK AN ALTERNATIVE PROCESS IN THE COURT SYSTEM. THE PROGRAM DELIVERED 12 CASES IN FISCAL YEAR 2022 BEFORE...

THE CONFLICT OF INTEREST PROGRAM OFFERS DISPUTE RESOLUTION SERVICES TO INDIVIDUALS WHO SEEK AN ALTERNATIVE PROCESS IN THE COURT SYSTEM. THE PROGRAM DELIVERED 12 CASES IN FISCAL YEAR 2022 BEFORE CLOSING ON SEPTEMBER 10, 2021.

Program 3

Expenses: $113,321 Revenue: $55,900

THE MEDIATION PROGRAM OFFERS DISPUTE RESOLUTION SERVICES TO HIGH SCHOOL STUDENTS WHO SEEK AN ALTERNATIVE PROCESS TO THE COURT SYSTEM. DISPUTES AMONG PEERS MAY BE RESOLVED IN CONFIDENTIAL MEDIATION...

THE MEDIATION PROGRAM OFFERS DISPUTE RESOLUTION SERVICES TO HIGH SCHOOL STUDENTS WHO SEEK AN ALTERNATIVE PROCESS TO THE COURT SYSTEM. DISPUTES AMONG PEERS MAY BE RESOLVED IN CONFIDENTIAL MEDIATION SESSIONS. THE SERVICE PROVIDES INTAKE FOR THE PURPOSE OF EXPLAINING THE MEDIATION PROCESS AND HELPING PARTICIPANTS DEVELOP REALISTIC EXPECTATIONS; A NON-THREATENING, INFORMATION ATMOSPHERE CONDUCIVE TO DIRECT AND OPEN COMMUNICATION; A TRAINED VOLUNTEER MEDIATOR CAPABLE OF IMPARTIALITY, SKILLED IN MODELING POSITIVE, CONSTRUCTIVE COMMUNICATION AND EXPERIENCED IN HELPING MEDIATION PARTICIPANTS TO DRAW UPON THEIR OWN STRENGTHS; AND FOLLOW-UP FOR THE PURPOSE OF SUPPORTING PARTICIPANTS IN FOLLOWING THROUGH WITH ANY AGREEMENTS REACHED.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $887,447

Investment Income $0

Other Revenue $0

TOTAL REVENUE $887,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $724,619

Fundraising Expenses $0

Program Expenses $776,749

Other Expenses $204,055

TOTAL EXPENSES $928,674

Year-over-Year Comparison

	2021	2020	Change
Revenue	$887,447	$1,032,513	-0.1%
Expenses	$928,674	$957,487	0.0%
Net Income	$-41,227	$75,026	-1.5%

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

Volunteers

N/A

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

$59,727

Total Directors

$162,579

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANNE SCHWALBACH	CLINICAL DIR	39.50	Director	$96,159	$6,693	$102,852
MARGARET DICORI	DIRECTOR AND	18.00	Officer Director	$59,727	$0	$59,727
MARC BEDINE	PRESIDENT &	2.00	Officer Director	$0	$0	$0
ZACH BEDINE	DIRECTOR	1.00	Director	$0	$0	$0

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
2022	$887,447	$928,674	$401,809	$-41,227
2021	$1,032,513	$957,487	$500,608	$75,026
2020	$1,077,987	$975,408	$425,549	$102,579
2019	$989,446	$943,819	$302,422	$45,627
2018	$1,009,118	$934,305	$296,185	$74,813