FRIENDS OF HUMAN DEVELOPMENT SERVICES OF WESTCHESTER INC (EIN 133075081) - 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

1983

Legal Domicile

Principal Officer

DAVID RASMUSSEN

Phone

9148358906

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF HUMAN DEVELOPMENT SERVICES OF WESTCHESTER INC, founded in 1983, is a micro nonprofit in the Mental Health sector that reported $14K in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $24K exceeded revenue, resulting in a 65% operating deficit.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO RAISE FUNDS TO INCREASE THE KNOWLEDGE OF THE CAUSES OF MENTAL ILLNESS AND TO IMPROVE THE TECHNIQUES OF HELPING MENTALLY ILL PATIENTS AND THEIR FAMILLIES.

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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 $7,186

Program Service Revenue $0

Investment Income $7,146

Other Revenue $0

TOTAL REVENUE $14,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $23,717

TOTAL EXPENSES $23,717

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,332	$8,432	+0.7%
Expenses	$23,717	$36,392	-0.3%
Net Income	$-9,385	$-27,960	-0.7%

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

N/A

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
DAVID RASMUSSEN	PRESIDENT	0.25	Officer Director	$0	$0	$0
MARK LEEDS	SECRETARY	0.25	Officer Director	$0	$0	$0
THADDEUS KUCZINSKI	BOARD MEMBER	0.25	Director	$0	$0	$0
SUE SUSSKIND	BOARD MEMBER	0.25	Director	$0	$0	$0
STEPHEN SAHLEIN	BOARD MEMBER	0.25	Director	$0	$0	$0
ELIZABETH ROSSI	BOARD MEMBER	0.25	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
2024	$14,332	$23,717	$226,095	$-9,385
2023	$8,432	$36,392	$197,571	$-27,960
2022	$3,992	$19,001	$225,440	$-15,009
2021	$8,901	$23,137	$249,712	$-14,236
2020	$1,174	$64,515	$223,927	$-63,341
2019	$1,243	$81,379	$266,999	$-80,136
2018	$606	$52,246	$343,132	$-51,640

FRIENDS OF HUMAN DEVELOPMENT SERVICES OF WESTCHESTER INC