PROJECT SHARE VI INC

EIN: 113443065 501(c)(3) Mental Health

MEDFORD, NY

Total Revenue
$131,804
Total Expenses
$159,076
Total Assets
$629,131
Net Assets
$505,131
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
MATTHEW ARMANDI
Phone
6317580474
Tax Period
2025-01-01 to 2025-12-31

PROJECT SHARE VI INC, founded in 1997, is a small nonprofit in the Mental Health sector that reported $132K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $159K exceeded revenue, resulting in a 21% operating deficit.

Mission

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

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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 $74,399
Program Service Revenue $46,903
Investment Income $8
Other Revenue $10,494
TOTAL REVENUE $131,804

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,955
Other Expenses $159,076
TOTAL EXPENSES $159,076

Year-over-Year Comparison

2025 2024 Change
Revenue $131,804 $110,311 +0.2%
Expenses $159,076 $166,894 0.0%
Net Income $-27,272 $-56,583 -0.5%
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 $131,804 $159,076 $629,131 $-27,272
2024 No data No data No data No data
2023 $103,215 $160,192 $689,014 $-56,977
2022 $102,446 $144,628 $723,105 $-42,182
2021 $114,876 $131,002 $739,635 $-16,126
2020 $96,926 $139,937 $778,699 $-43,011
2019 $95,619 $128,958 $807,827 $-33,339
2018 $92,878 $146,967 $820,934 $-54,089
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