NEW YORK THERAPEUTIC COMMUNITIES INC (EIN 132899442) - Form 990 Financial Analysis & Trantor Score

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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

1977

Legal Domicile

Phone

2129716033

Tax Period

2024-07-01 to 2025-06-30

NEW YORK THERAPEUTIC COMMUNITIES INC, founded in 1977, is a community nonprofit that reported $6.4M in total revenue in fiscal year 2024. Net assets of $16.4M represent 31 months of operating reserves.

Mission

NYTC PROVIDES ALCOHOL AND SUBSTANCE ABUSE TREATMENT SERVICES IN THE CRIMINAL JUSTICE SYSTEM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,333,052

Program Service Revenue $2,065,713

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,398,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,969,487

Fundraising Expenses $0

Program Expenses $5,852,918

Other Expenses $2,645,335

TOTAL EXPENSES $6,614,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,398,765	$6,419,656	0.0%
Expenses	$6,614,822	$6,678,667	0.0%
Net Income	$-216,057	$-259,011	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sandeep Varma	President/CEO	40.00		$236,969	$51,168	$288,137
Eugene Rose	Executive VP/CFO	40.00		$195,729	$9,319	$205,048
Alejandro Herrera	Chief Accountant	40.00		$134,905	$49,424	$184,329
Keosha T Bond	Board Member	1.00	Director	$0	$0	$0
Sharon Jack	Board Member	1.00	Director	$0	$0	$0
Ronald Williams	Board Member	1.00	Director	$0	$0	$0
Krystal Lewis	Board Member	1.00	Director	$0	$0	$0
Larry Darnell Johnson	Board Member	1.00	Director	$0	$0	$0
Troy L Nelson	Board Member	1.00	Director	$0	$0	$0
Stanley Sacks	Board Member	1.00	Director	$0	$0	$0
Sidney Baumgarten	Chairman	1.00	Officer Director	$0	$0	$0
William Henry	Vice Chairman	1.00	Officer Director	$0	$0	$0
Ron Lehman	Treasurer	1.00	Officer Director	$0	$0	$0
Lisa C Averyhart	Secretary	1.00	Officer Director	$0	$0	$0

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	$6,398,765	$6,614,822	$19,699,280	$-216,057
2024	$6,419,656	$6,678,667	$20,244,171	$-259,011
2023	$6,017,099	$6,377,214	$19,283,438	$-360,115
2022	$5,832,544	$6,027,991	$18,565,844	$-195,447
2021	$5,769,863	$5,929,494	$18,764,916	$-159,631
2020	$6,723,457	$5,969,900	$18,809,210	$753,557
2019	$8,238,832	$5,975,349	$18,128,898	$2,263,483

NEW YORK THERAPEUTIC COMMUNITIES INC