THE REHABILITATION INSTITUTE 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

1965

Legal Domicile

Principal Officer

ROBERT S BUDD

Phone

5168701600

Tax Period

2024-01-01 to 2024-12-31

THE REHABILITATION INSTITUTE INC, founded in 1965, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $527K, a strong 32% operating margin.

Mission

TO PROVIDE REHABILITATIVE SERVICES TO EMOTIONALLY AND MENTALLY DISABLED PERSONS BY PROVIDING VOCATIONAL EVALUATION, GUIDANCE, TRAINING AND PLACEMENT FACILITIES AND BY EXPLORATION AND RESEARCH INTO THE TECHNIQUES FOR SUCH REHABILITATION.

Program Service Accomplishments

Program 1

Expenses: $969,248 Revenue: $1,441,384

CAREER TRAINING PROGRAMS- TRAINING PROGRAMS ARE DESIGNED TO ENABLE INDIVIDUALS TO LEARN COMPETITIVE AND MARKETABLE SKILLS IN ORDER TO ENTER THE JOB MARKET AND ACHIEVE SUSTAINABILITY. INDIVIDUALS WITH DISABILITIES ARE REFERRED TO TRI BY ADULT CAREER AND CONTINUING EDUCATION SERVICES - VOCATIONAL REHABILITATION (ACCES-VR) FOR CORE REHABILITATIVE SERVICES AND THE OFFICE OF MENTAL HEALTH TO RECEIVE VOCATIONAL TRAINING FUNDED BY THESE AGENCIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $166,940

Program Service Revenue $1,441,384

Investment Income $33,190

Other Revenue $75

TOTAL REVENUE $1,641,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $570,012

Fundraising Expenses $0

Program Expenses $969,248

Other Expenses $544,945

TOTAL EXPENSES $1,114,957

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,641,589	$1,199,511	+0.4%
Expenses	$1,114,957	$1,045,184	+0.1%
Net Income	$526,632	$154,327	+2.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN GOLDIN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHARLES HYMAN	SECRETARY	1.00	Officer Director	$0	$0	$0
KENNETH L FRIEDMAN	TREASURER	1.00	Officer Director	$0	$0	$0
PAULA FROME	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER TONNA	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB QUINN	BOARD MEMBER	1.00	Director	$0	$0	$0
FREDDA ROSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
VINCENT CONA	CFO	5.00	Officer	$0	$0	$0
ROBERT BUDD	SENIOR CEO & PRESIDENT	5.00	Officer	$0	$0	$0
CHRISTOPHER LONG	CO-CEO & PRESIDENT	5.00	Officer	$0	$0	$0
NICOLE WOLF	CHIEF PROGRAM OFFICER	10.00	Officer	$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
2025	No data	No data	No data	No data
2024	$1,641,589	$1,114,957	$2,665,504	$526,632
2023	$1,199,511	$1,045,184	$2,083,604	$154,327
2022	$1,435,882	$1,221,310	$1,885,808	$214,572
2021	$1,371,795	$1,177,188	$1,680,721	$194,607
2020	$1,490,286	$1,438,276	$1,474,618	$52,010
2019	$2,030,568	$2,365,867	$1,793,307	$-335,299
2018	$3,800,572	$4,395,179	$3,457,220	$-594,607