PARENTS' FOUNDATION FOR TRANSITIONAL LIVING INC

EIN: 061308203 501(c)(3) Mental Health

NEW HAVEN, CT

Total Revenue
$3,051,130
Total Expenses
$2,458,630
Total Assets
$2,099,808
Net Assets
$1,888,600
🔒

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
1990
Legal Domicile
CT
Principal Officer
TAHNESHA BONNER
Phone
2037763236
Tax Period
2024-01-01 to 2024-12-31

PARENTS' FOUNDATION FOR TRANSITIONAL LIVING INC, founded in 1990, is a community nonprofit in the Mental Health sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $592K, a strong 19% operating margin.

Mission

THE MISSION OF PFTL IS TO PROVIDE, ON A NOT-FOR-PROFIT BASIS, TRANSITIONAL LIVING FACILITIES AND LONG TERM, PERMANENT, SUPPORTED HOUSING FOR PERSONS WITH CHRONIC PSYCHIATRIC ILLNESSES, TO PROMOTE GREATER PUBLIC UNDERSTANDING OF MENTAL ILLNESS AND TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR MENTAL HEALTH PRACTITIONERS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $488,790
Program Service Revenue $2,533,562
Investment Income $28,778
Other Revenue $0
TOTAL REVENUE $3,051,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,780,268
Fundraising Expenses $137,496
Program Expenses $1,879,654
Other Expenses $678,362
TOTAL EXPENSES $2,458,630

Year-over-Year Comparison

2024 2023 Change
Revenue $3,051,130 $2,290,318 +0.3%
Expenses $2,458,630 $2,563,164 0.0%
Net Income $592,500 $-272,846 -3.2%
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
6
Independent Members
6
Employees
65
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
6
$301,050
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA SESSIONS-GRAY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL VOLLMAR MD BOARD MEMBER 1.00
Director
$0 $0 $0
MONICA MCKAY CHAIRPERSON 1.00
Officer Director
$0 $0 $0
HELEN HADLEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
PETER LAMPKE TREASURER 1.00
Officer Director
$0 $0 $0
PRINCESS HYATT SECRETARY 1.00
Officer Director
$0 $0 $0
KEREN CLARIZIO DIR OF FINANCE AND OPERATI 40.00
Officer
$128,546 $12,338 $140,884
TAHNESHA BONNER EXEC DIR 40.00
Officer
$143,669 $16,497 $160,166
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
2024 $3,051,130 $2,458,630 $2,099,808 $592,500
2023 $2,290,318 $2,563,164 $1,490,998 $-272,846
2022 $2,358,814 $2,394,090 $1,783,065 $-35,276
2021 $2,017,546 $2,146,276 $1,811,254 $-128,730
2020 $1,640,992 $1,937,565 $1,911,890 $-296,573
2019 $1,554,077 $1,535,753 $2,065,535 $18,324
2018 $1,445,999 $1,375,919 $1,964,875 $70,080
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PARENTS' FOUNDATION FOR TRANSITIONAL LIVING INC with other nonprofits in Connecticut and across the country.