FEDCAP REHABILITATION SERVICES INC (EIN 135645879) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1935

Legal Domicile

Principal Officer

CHRISTINE MCMAHON

Phone

2127274200

Tax Period

2023-10-01 to 2024-09-30

FEDCAP REHABILITATION SERVICES INC, founded in 1935, is a major nonprofit that reported $106.0M in total revenue in fiscal year 2023.

Mission

OUR MISSION IS TO CREATE OPPORTUNITIES FOR PEOPLE WITH BARRIERS TO ECONOMIC WELL-BEING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,187,526

Program Service Revenue $103,857,996

Investment Income $2,264

Other Revenue $905,752

TOTAL REVENUE $105,953,538

Expense Breakdown

Grants Paid $655,952

Salaries & Benefits $65,852,993

Fundraising Expenses $1,180,677

Program Expenses $94,581,562

Other Expenses $40,697,344

TOTAL EXPENSES $107,206,289

Year-over-Year Comparison

	2023	2022	Change
Revenue	$105,953,538	$103,264,175	+0.0%
Expenses	$107,206,289	$96,951,379	+0.1%
Net Income	$-1,252,751	$6,312,796	-1.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

1059

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

$1,890,599

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURENCE ACH	CO-CHAIR	1.00	Officer Director	$0	$0	$0
PETER PANKEN	CO-CHAIR	1.00	Officer Director	$0	$0	$0
NANCY SETTERGREN	TREASURER	1.00	Officer Director	$0	$0	$0
JANICE OURSLER PHD	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER ASCHKENASY	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL DAVIS	BOARD MEMBER	1.00	Director	$0	$0	$0
MALVINA KAY	BOARD MEMBER	1.00	Director	$0	$0	$0
KAREN MILTON	BOARD MEMBER (AS OF 11/2023)	1.00	Director	$0	$0	$0
CHRISTINE MCMAHON	PRESIDENT & CEO, FEDCAP GROUP	4.00	Officer	$0	$151,561	$891,926
STEVEN COONS	PRESIDENT, FEDCAP REHAB	40.00	Officer	$378,316	$10,262	$388,578
CAROL KHOURY	CFO	1.00	Officer	$0	$8,517	$347,920
KENNETH BREZENOFF	GEN. COUNSEL & VP STRAT. INIT.	1.00	Officer	$0	$18,802	$262,175
JERRY FERDINAND	ASSISTANT CHIEF ENGINEER	40.00	Highest	$203,242	$171	$203,413
KRZYSZTOF BODZIUCH	CHIEF ENGINEER	40.00	Highest	$194,260	$237	$194,497
DANIEL KAZALSKI	ENGINEER	40.00	Highest	$187,858	$171	$188,029
GEORGE RIOS	DIRECTOR OF OPERATIONS	40.00	Highest	$180,006	$171	$180,177
TERRENCE SAMWAYS	ENGINEER	40.00	Highest	$179,223	$171	$179,394

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	$105,953,538	$107,206,289	$128,412,424	$-1,252,751
2023	$103,264,175	$96,951,379	$127,745,308	$6,312,796
2022	$140,007,796	$138,073,708	$185,751,602	$1,934,088
2021	$151,071,826	$152,406,675	$145,385,414	$-1,334,849
2020	$147,545,604	$145,247,731	$141,691,238	$2,297,873
2019	$183,684,677	$181,725,813	$142,628,685	$1,958,864
2018	$200,725,658	$209,908,158	$137,056,185	$-9,182,500

FEDCAP REHABILITATION SERVICES INC