THE FORTUNE SOCIETY INC

EIN: 132645436 501(c)(3) Mental Health

LONG ISLAND CITY, NY

Total Revenue
$81,875,710
Total Expenses
$82,328,855
Total Assets
$105,293,512
Net Assets
$26,682,429
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NY
Principal Officer
ROBERT DELEON
Phone
2126917554
Tax Period
2024-07-01 to 2025-06-30

THE FORTUNE SOCIETY INC, founded in 1967, is a mid-sized nonprofit in the Mental Health sector that reported $81.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE FORTUNE SOCIETY'S MISSION IS TO SUPPORT SUCCESSFUL RE-ENTRY FROM INCARCERATION. PROMOTE ALTERNATIVES TO INCARCERATION, THUS STRENGTHENING THE FABRIC OF OUR COMMUNITIES. WE DO THIS BY OFFERING A COMPREHENSIVE ARRAY OF SERVICES, INCLUDING CAREER DEVELOPMENT, EDUCATION, HEALTH SERVICES, HOUSING, SUBSTANCE ABUSE TREATMENT, COUNSELING, DROP-IN-SERVICES AND ADVOCACY, TO SUPPORT EACH INDIVIDUAL'S NEEDS AND EXPERIENCES AS THEY ENTER THE FORTUNE SOCIETY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $79,257,793
Program Service Revenue $2,361,455
Investment Income $3,939
Other Revenue $252,523
TOTAL REVENUE $81,875,710

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,678,015
Fundraising Expenses $1,532,593
Program Expenses $71,018,797
Other Expenses $32,567,840
TOTAL EXPENSES $82,328,855

Year-over-Year Comparison

2024 2023 Change
Revenue $81,875,710 $75,321,932 +0.1%
Expenses $82,328,855 $74,443,306 +0.1%
Net Income $-453,145 $878,626 -1.5%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
28
Independent Members
28
Employees
972
Volunteers
55

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
8
$882,473
Total Directors
31
$0
Key Employees
2
$476,008
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN PATRICOF DIRECTOR 0.30
Director
$0 $0 $0
ALPHONZO ELDER VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ANDREA SHAPRIO DAVIS DIRECTOR 0.30
Director
$0 $0 $0
ANTHONY M MASTELLONE DIRECTOR 0.30
Director
$0 $0 $0
BETTY P RAUCH DIRECTOR 0.30
Director
$0 $0 $0
CARLOS POLANCO DIRECTOR (OUTGOING) 0.30
Director
$0 $0 $0
CAROLINE MARSHALL DIRECTOR 0.30
Director
$0 $0 $0
DANNY FRANKLIN DIRECTOR (OUTGOING) 0.30
Director
$0 $0 $0
DAVID A KOCHMAN DIRECTOR 0.30
Director
$0 $0 $0
DAVID SICHER DIRECTOR (OUTGOING) 0.30
Director
$0 $0 $0
DYJUAN TATRO DIRECTOR 0.30
Director
$0 $0 $0
E PATRICIA HAVERSHAM-BROWN DIRECTOR 0.30
Director
$0 $0 $0
ERIC A SEIFF DIRECTOR 0.30
Director
$0 $0 $0
FEMI AUSTIN-FREDERICKS DIRECTOR 0.30
Director
$0 $0 $0
FERNANDO MARTINEZ DIRECTOR 0.30
Director
$0 $0 $0
GABRIEL S OBERFIELD DIRECTOR 0.30
Director
$0 $0 $0
JEAN JEREMIE DIRECTOR 0.30
Director
$0 $0 $0
JEFF THAMKITTIKASEM DIRECTOR 0.30
Director
$0 $0 $0
JOHN H ELEY TREASURER 1.00
Officer Director
$0 $0 $0
LDENNIS KOZLOWSKI CHAIRPERSON 1.00
Officer Director
$0 $0 $0
MARK LEBOW SECRETARY 1.00
Officer Director
$0 $0 $0
MIKELL GREEN-GRAND DIRECTOR 0.30
Director
$0 $0 $0
MONIQUE CARTER DIRECTOR 0.30
Director
$0 $0 $0
NALIKA NANAYAKKARA DIRECTOR 0.30
Director
$0 $0 $0
PAMELA JARVIS DIRECTOR 0.30
Director
$0 $0 $0
RAY TEBOUT DIRECTOR 0.30
Director
$0 $0 $0
ROLAND NICHOLSON JR DIRECTOR 0.30
Director
$0 $0 $0
SAMUEL HAMILTON DIRECTOR 0.30
Director
$0 $0 $0
SHU'AIB ABDUR-RAHEEM DIRECTOR 0.30
Director
$0 $0 $0
STEPHANE HOWZE DIRECTOR 0.30
Director
$0 $0 $0
YVETTE BRISSETT-ANDRE DIRECTOR 0.30
Director
$0 $0 $0
EDWARD LADA CFO (INCOMING 2025) 0.00
Officer
$0 $0 $0
ROBERT DELEON INTERIM PRESIDENT & CEO 35.00
Officer
$231,801 $25,247 $257,048
STANLEY RICHARDS PRESIDENT & CEO (OUTGOING) 35.00
Officer
$280,356 $52,126 $332,482
STEVEN HICKMAN CFO (OUTGOING) 35.00
Officer
$223,735 $69,208 $292,943
MARC PIPARO CHIEF TECHNOLOGY OFFICER 35.00
Key Emp
$205,243 $23,173 $228,416
SHERRY GOLDSTEIN VP AGENCY OPERATIONS 35.00
Key Emp
$219,875 $27,717 $247,592
BENJAMIN METSCH CHIEF STRATEGY OFFICER 35.00
Highest
$200,230 $2,171 $202,401
BRIAN ROBINSON VP, DEVELOPMENT & COMMUNICATIONS 35.00
Highest
$161,183 $28,583 $189,766
LEONARD CHAVIS VP ADMINISTRATION 35.00
Highest
$198,485 $50,955 $249,440
RANDI ROTHSCHILD CHIEF PROGRAM OFFICER 35.00
Highest
$194,263 $63,135 $257,398
RONALD DAY SENIOR VICE PRESIDENT 35.00
Highest
$179,166 $24,106 $203,272
JOANNE PAGE PRESIDENT & CEO (FORMER) 35.00
$227,450 $11,874 $239,324
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 $81,875,710 $82,328,855 $105,293,512 $-453,145
2024 No data No data No data No data
2024 $75,321,932 $74,443,306 $66,635,473 $878,626
2023 $65,270,782 $62,740,538 $63,177,719 $2,530,244
2023 $64,890,501 $62,397,419 $63,177,717 $2,493,082
2022 $59,216,910 $44,779,426 $33,781,145 $14,437,484
2021 $41,268,534 $39,047,482 $19,683,060 $2,221,052
2021 $41,268,534 $39,047,482 $19,683,060 $2,221,052
2020 $39,833,881 $38,951,849 $16,630,898 $882,032
2019 $34,574,097 $34,437,220 $15,409,655 $136,877
2018 $34,591,065 $34,308,413 $14,906,596 $282,652
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