ASSOCIATION FOR MENTAL HEALTH & WELLNESS INC (EIN 113012392) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Principal Officer

COLLEEN MERLO LMSW

Phone

6314717242

Tax Period

2024-01-01 to 2024-12-31

ASSOCIATION FOR MENTAL HEALTH & WELLNESS INC, founded in 1990, is a mid-sized nonprofit in the Mental Health sector that reported $11.3M in total revenue in fiscal year 2024.

Mission

TO PROVIDE PSYCHOSOCIAL AND VOCATIONAL REHABILITATION TO PERSONS WITH PSYCHIATRIC ILLNESSES.

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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 $3,804,062

Program Service Revenue $7,413,143

Investment Income $42,014

Other Revenue $21,055

TOTAL REVENUE $11,280,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,754,189

Fundraising Expenses $40,423

Program Expenses $9,051,218

Other Expenses $3,449,814

TOTAL EXPENSES $11,204,003

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,280,274	$11,449,869	0.0%
Expenses	$11,204,003	$11,807,025	-0.1%
Net Income	$76,271	$-357,156	-1.2%

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

147

Volunteers

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

$590,071

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR KRISTIE GOLDEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT DETOR LCSW	SECRETARY	1.00	Officer Director	$0	$0	$0
ROSEMARY SPECIALE BS	TREASURER	1.00	Officer Director	$0	$0	$0
JENNIFER MARTIN	MEMBER	1.00	Director	$0	$0	$0
ANDREW GARBARINO ESQ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON SATTLER	MEMBER	1.00	Director	$0	$0	$0
LORAINE BOTTI	MEMBER	1.00	Director	$0	$0	$0
MIKE ST PIERRE	MEMBER	1.00	Director	$0	$0	$0
SAADIA YUNNUS	MEMBER	1.00	Director	$0	$0	$0
DAPHNE PERRY	MEMBER	1.00	Director	$0	$0	$0
MARIANELA CASAS	COO THROUGH 11/4/2024	37.50	Officer	$127,426	$55,731	$183,157
KIM KOSTER CPA	CFO THROUGH JUNE 2024	37.50	Officer	$103,150	$22,939	$126,089
COLLEEN MERLO	CEO	37.50	Officer	$215,230	$65,595	$280,825
SANJAY DUTT	OUTSOURCED INTERIM CFO EFF. JUNE 2024	0.00	Officer	$0	$0	$0
VERONICA DE KONING	DEPUTY DIRECTOR	37.50	Highest	$132,979	$19,602	$152,581
KATHLEEN ELFERS	HUMAN RESOURCES DIRECTOR	37.50	Highest	$130,292	$7,317	$137,609
SUZANNE KONTAK	PSYCHIATRIC NURSE PRACTITI	37.50	Highest	$181,437	$7,986	$189,423
GINA FATTIBENE	ADULT CARE MANAGEMENT DIRE	37.50	Highest	$103,271	$4,607	$107,878
TARA LARKIN-FREDERICKS	DIRECTOR OF SPECIAL PROJECTS	37.50	Highest	$107,598	$4,811	$112,409

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	$11,280,274	$11,204,003	$18,490,122	$76,271
2023	$11,449,869	$11,807,025	$17,007,668	$-357,156
2022	$14,924,962	$13,752,373	$17,687,085	$1,172,589
2021	$15,531,532	$15,773,436	$16,761,391	$-241,904
2020	$17,276,237	$16,090,285	$17,022,068	$1,185,952
2019	$17,363,883	$14,871,539	$15,285,898	$2,492,344
2018	$12,733,049	$12,226,180	$11,863,857	$506,869

ASSOCIATION FOR MENTAL HEALTH & WELLNESS INC