SOUTHWEST REGIONAL MENTAL HEALTH BOARD INC

EIN: 060935934 501(c)(3)

NORWALK, CT

Total Revenue
$190,681
Total Expenses
$210,165
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
CT
Principal Officer
MARGARET WATT
Phone
2038401187
Tax Period
2018-07-01 to 2019-03-04

SOUTHWEST REGIONAL MENTAL HEALTH BOARD INC, founded in 1975, is a small nonprofit that reported $191K in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year. Expenses of $210K exceeded revenue, resulting in a 10% operating deficit.

Mission

OPERATES UNDER AN AGREEMENT WITH THE STATE OF CONNECTICUT DEPARTMENT OF MENTAL HEALTH AND ADDICTION SERVICES TO REVIEW SERVICES AND MAKE RECOMMENDATIONS FOR IMPROVED AND/OR INCREASED MENTAL HEALTH SERVICES.

Program Service Accomplishments

Program 1
Expenses: $100,567 Revenue: $65,550

MENTAL HEALTH - OPERATES UNDER AN AGREEMENT WITH THE STATE OF CONNECTICUT DEPARTMENT OF MENTAL HEALTH AND ADDICTION SERVICES TO REVIEW SERVICES AND MAKE RECOMMENDATIONS FOR IMPROVED AND/OR INCREASED...

Read more

MENTAL HEALTH - OPERATES UNDER AN AGREEMENT WITH THE STATE OF CONNECTICUT DEPARTMENT OF MENTAL HEALTH AND ADDICTION SERVICES TO REVIEW SERVICES AND MAKE RECOMMENDATIONS FOR IMPROVED AND/OR INCREASED MENTAL HEALTH SERVICES.

Program 2
Expenses: $90,769

YA TECH - THE YOUNG ADULT TECHNOLOGY PROJECT IS A TWO YEAR PROJECT FUNDED BY THE CONNECTICUT DEPARTMENT OF MENTAL HEALTH AND ADDICTION SERVICES. ITS GOAL IS TO USE TECHNOLOGY TO HELP YOUNG ADULTS AN...

Read more

YA TECH - THE YOUNG ADULT TECHNOLOGY PROJECT IS A TWO YEAR PROJECT FUNDED BY THE CONNECTICUT DEPARTMENT OF MENTAL HEALTH AND ADDICTION SERVICES. ITS GOAL IS TO USE TECHNOLOGY TO HELP YOUNG ADULTS AN UNDERSERVED BUT NEEDY POPULATION TO ACCESS AND GET INVOLVED IN MENTAL HEALTH SERVICES. THE PROJECT'S GOALS ARE TO RESEARCH YOUNG ADULTS PERCEPTIONS OF MENTAL HEALTH, THEIR USE OF TECHNOLOGY, AND THEIR PERCEPTIONS OF THE APPLICATIONS OF TECHNOLOGY TO MENTAL HEALTH, TO RESEARCH EXISTING TECHNOLOGIES WEBSITES, APPS, SOCIAL MEDIA THAT TARGET YOUNG ADULTS FOR MENTAL HEALTH AND TO DEVELOP A WEBSITE AND OUTREACH PROGRAM TO RESPOND TO THE IDENTIFIED NEEDS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $125,103
Program Service Revenue $65,550
Investment Income $28
Other Revenue $0
TOTAL REVENUE $190,681

Expense Breakdown

Grants Paid $0
Salaries & Benefits $132,165
Fundraising Expenses $0
Program Expenses $191,336
Other Expenses $78,000
TOTAL EXPENSES $210,165

Year-over-Year Comparison

2018 2017 Change
Revenue $190,681 $200,943 -0.1%
Expenses $210,165 $208,370 +0.0%
Net Income $-19,484 $-7,427 +1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
6
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
5
$76,000
Total Directors
20
$76,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBRA SLADE PRESIDENT 1.00
Officer Director
$0 $0 $0
TINA CORLETT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSAN BUCHSBAUM BOARD MEMBER 1.00
Director
$0 $0 $0
DENIQUE WEIDEMA-LEWIS CHAIR 1.00
Officer Director
$0 $0 $0
DEIRDRE EKHOLDT BOARD MEMBER 1.00
Director
$0 $0 $0
MARK BURI BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNE BUTLER BOARD MEMBER 1.00
Director
$0 $0 $0
LOUIS SCHULMAN TREASURER 1.00
Officer Director
$0 $0 $0
JEFF GREENBLATT BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET WATT EXECUTIVE DIRECTOR 60.00
Officer Director
$76,000 $0 $76,000
GENEVIEVE EASON BOARD MEMBER 1.00
Director
$0 $0 $0
GINA FLORENZANO BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE GUNZY BOARD MEMBER 1.00
Director
$0 $0 $0
ESTEBAN FRANCISCO SEBOURNE BOARD MEMBER 1.00
Director
$0 $0 $0
MARCEA KOFFSKY BOARD MEMBER 1.00
Director
$0 $0 $0
YANIA PADILLA BOARD MEMBER 1.00
Director
$0 $0 $0
CHLOE KELLY BOARD MEMBER 1.00
Director
$0 $0 $0
ALICIA FELLER BOARD MEMBER 1.00
Director
$0 $0 $0
GLENNA RAINS BOARD MEMBER 1.00
Director
$0 $0 $0
AMANDA SAGE BOARD MEMBER 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
2019 $190,681 $210,165 No data $-19,484
2018 $200,943 $208,370 $184,009 $-7,427
Explore More Nonprofits
→Top 100 Nonprofits in Connecticut →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SOUTHWEST REGIONAL MENTAL HEALTH BOARD INC with other nonprofits in Connecticut and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.