PROJECT SHARE II INC

EIN: 113119992 501(c)(3) Unknown

MEDFORD, NY

Total Revenue
$168,799
Total Expenses
$188,322
Total Assets
$528,014
Net Assets
$407,043
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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
NY
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.

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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%)

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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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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
1

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
3
$1,196,042
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
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
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