PROJECT SHARE II 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

1992

Legal Domicile

Principal Officer

MATTHEW ARMANDI

Phone

6317580474

Tax Period

2025-01-01 to 2025-12-31

PROJECT SHARE II INC, founded in 1992, is a small nonprofit in the Unknown sector that reported $169K in total revenue in fiscal year 2025. Expenses of $188K exceeded revenue, resulting in a 12% operating deficit.

Mission

COMMUNITY RESIDENCE PROGRAM WHICH ESTABLISHES, OPERATES, AND MAINTAINS RESIDENCES FOR PERSONS WITH PSYCHIATRIC DISABILITIES.

Program Service Accomplishments

Program 1

Expenses: $149,552 Revenue: $64,418

COMMUNITY RESIDENCE PROGRAM WHICH ESTABLISHES, OPERATES, AND MAINTAINS RESIDENCES FOR PERSONS WITH PSYCHIATRIC DISABILITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $103,393

Program Service Revenue $64,418

Investment Income $7

Other Revenue $981

TOTAL REVENUE $168,799

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,552

Other Expenses $188,322

TOTAL EXPENSES $188,322

Year-over-Year Comparison

	2025	2024	Change
Revenue	$168,799	$159,155	+0.1%
Expenses	$188,322	$211,605	-0.1%
Net Income	$-19,523	$-52,450	-0.6%

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

N/A

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

$1,196,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA PIAZZA MD	DIRECTOR	0.20	Director	$0	$0	$0
KRISTIE GOLDEN	DIRECTOR	0.20	Director	$0	$0	$0
CAROL PERES	DIRECTOR	0.20	Director	$0	$0	$0
ROBERT DETOR	DIRECTOR	0.20	Director	$0	$0	$0
TIM SMITH	DIRECTOR	0.20	Director	$0	$0	$0
STEPHON HOLLMAN	DIRECTOR	0.20	Director	$0	$0	$0
SAMUEL MILLER	DIRECTOR	0.20	Director	$0	$0	$0
RALPH FASANO	EXECUTIVE DIRECTOR	0.20	Officer	$0	$68,641	$519,852
ELIZABETH LUNDE	CHIEF OPERATING OFFICER	0.20	Officer	$0	$63,725	$361,658
MATTHEW ARMANDI	CHIEF FINANCIAL OFFICER	0.50	Officer	$0	$34,804	$314,532
JAMES MUTTON	DIRECTOR OF NYC OPERATIONS	0.50	Highest	$0	$33,023	$193,298
ELIZABETH WEINBAUM	ASSOCIATE ED OF QUALITY ASSURANCE	0.50	Highest	$0	$48,317	$223,248
ROBIN SMITH	DIRECTOR OF LI PROGRAM OPERATIONS	0.50	Highest	$0	$46,332	$206,802
SANDRA CARRASQUILLO	ASSOCIATE ED OF HR	0.50	Highest	$0	$47,592	$208,780
STEVEN ALPERT	DIRECTOR OF PROPERTY MANAGEMENT	0.50	Highest	$0	$58,992	$219,585

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	$168,799	$188,322	$528,014	$-19,523
2024	$159,155	$211,605	$615,211	$-52,450
2023	$170,756	$181,712	$603,796	$-10,956
2022	$153,934	$191,594	$633,112	$-37,660
2021	$151,798	$171,589	$656,648	$-19,791
2020	$147,529	$164,861	$686,773	$-17,332
2019	$162,842	$166,355	$740,773	$-3,513
2018	$151,526	$153,200	$760,635	$-1,674