Fund for the Advancement of Mental Health Inc

EIN: 136161245 501(c)(3) Mental Health

Staten Island, NY

Total Revenue
$185,084
Total Expenses
$25,402
Total Assets
$1,653,021
Net Assets
$757,437
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
NY
Principal Officer
Robert Helbock
Phone
7184422225
Tax Period
2023-01-01 to 2023-12-31

Fund for the Advancement of Mental Health Inc, founded in 1957, is a small nonprofit in the Mental Health sector that reported $185K in total revenue in fiscal year 2023. The organization ran a surplus of $160K, a strong 86% operating margin.

Mission

TO PROMOTE THE ADVANCEMENT OF KNOWLEDGE AND THE UNDERSTANDING OF MENTAL HEALTH BY PROVIDING FUNDS AND FACILITIES,DISSEMINATING INFORMATION, PROVIDING RESEARCH AND ASSISTANCE TO OTHER ORGANIZATIONS IN FORMULATING AND IMPLEMENTING MENTAL HEALTH PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $485
Other Revenue $184,599
TOTAL REVENUE $185,084

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $25,402
TOTAL EXPENSES $25,402

Year-over-Year Comparison

2023 2022 Change
Revenue $185,084 $189,803 0.0%
Expenses $25,402 $17,780 +0.4%
Net Income $159,682 $172,023 -0.1%
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
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Robert Helbock President 1.00
Officer Director
$0 $0 $0
Elaine Lanham Vice President 1.00
Officer Director
$0 $0 $0
Carmella Brandofino Treasurer 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
2024 No data No data No data No data
2023 $185,084 $25,402 $1,653,021 $159,682
2022 $189,803 $17,780 $1,915,561 $172,023
2021 $349,714 $180,446 $1,805,293 $169,268
2020 $317,071 $351,408 $1,716,902 $-34,337
2019 $334,399 $94,248 $1,825,677 $240,151
2018 $273,626 $54,075 $1,589,915 $219,551
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