SEARCH FOR CHANGE INC

EIN: 132893548 501(c)(3) Human Services

VALHALLA, NY

Total Revenue
$13,529,589
Total Expenses
$12,999,448
Total Assets
$20,649,661
Net Assets
$5,764,201
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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
1975
Legal Domicile
NY
Principal Officer
ASHLEY BRODY
Phone
9144285600
Tax Period
2024-01-01 to 2024-12-31

SEARCH FOR CHANGE INC, founded in 1975, is a mid-sized nonprofit in the Human Services sector that reported $13.5M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $13.0M left a modest 4% surplus.

Mission

HELP EMOTIONALLY DISABLED INDIVIDUALS RE-ENTER SOCIETY AND PROVIDE HOUSING & SUPPORT AS WELL AS VOCATIONAL TRAINING.

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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 $5,654,572
Program Service Revenue $6,680,688
Investment Income $599,211
Other Revenue $595,118
TOTAL REVENUE $13,529,589

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,723,023
Fundraising Expenses $-32,565
Program Expenses $11,188,851
Other Expenses $6,276,425
TOTAL EXPENSES $12,999,448

Year-over-Year Comparison

2024 2023 Change
Revenue $13,529,589 $11,413,821 +0.2%
Expenses $12,999,448 $11,280,099 +0.2%
Net Income $530,141 $133,722 +3.0%
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

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Governance

Voting Members
10
Independent Members
10
Employees
163
Volunteers
N/A

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
5
$393,221
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH KRUGER CHAIRPERSON 0.50
Officer Director
$0 $0 $0
VALERIE MAZIARZ VICE CHAIRPERSON & SECRETARY 0.50
Officer Director
$0 $0 $0
MICHAEL CAMMAROTA TREASURER 0.50
Officer Director
$0 $0 $0
ROBERT COOPER DIRECTOR 0.50
Director
$0 $0 $0
GUY FESSENDEN DIRECTOR 0.50
Director
$0 $0 $0
JOEL FREYER DIRECTOR 0.50
Director
$0 $0 $0
JEFF ZITOFSKY DIRECTOR 0.50
Director
$0 $0 $0
SUSAN SALOMONE DIRECTOR 0.50
Director
$0 $0 $0
SUSAN SHEVLIN DIRECTOR 0.50
Director
$0 $0 $0
DR JAMES KELLEHER DIRECTOR 0.50
Director
$0 $0 $0
ASHLEY BRODY CEO 36.00
Officer
$183,606 $25,719 $209,325
THOMAS WATSON CFO THROUGH SEPT. 2025 36.00
Officer
$132,476 $51,420 $183,896
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 $13,529,589 $12,999,448 $20,649,661 $530,141
2023 $11,413,821 $11,280,099 $14,974,133 $133,722
2022 $10,235,345 $9,869,770 $13,125,764 $365,575
2021 $10,897,838 $9,867,059 $8,874,083 $1,030,779
2020 $9,094,743 $9,057,537 $7,772,395 $37,206
2019 $9,699,277 $9,142,399 $5,786,719 $556,878
2018 $9,408,683 $9,009,561 $5,691,229 $399,122
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