ALLEGANY COUNCIL ON ALCOHOLISM - SUBSTANCE ABUSE INC (EIN 161023362) - 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

1973

Legal Domicile

Principal Officer

CHAD SEBASTIAN

Phone

5855936738

Tax Period

2024-01-01 to 2024-12-31

ALLEGANY COUNCIL ON ALCOHOLISM - SUBSTANCE ABUSE INC, founded in 1973, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TREATMENT AND PREVENTION OF ADDICTION.

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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 $2,088,634

Program Service Revenue $1,735,603

Investment Income $2,515

Other Revenue $9,220

TOTAL REVENUE $3,835,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,333,338

Fundraising Expenses $0

Program Expenses $3,463,647

Other Expenses $1,548,015

TOTAL EXPENSES $3,881,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,835,972	$3,085,164	+0.2%
Expenses	$3,881,353	$3,062,281	+0.3%
Net Income	$-45,381	$22,883	-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

Governance

Voting Members

Independent Members

Employees

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

$197,076

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE SCOTT	SECRETARY/ TREASURER	1.00	Officer Director	$0	$0	$0
KERRY CLARK	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMIE WILLSON	CHAIRPERSON	4.00	Officer Director	$0	$0	$0
STEVE PRESUTTI	VICE- CHAIRPERSON	1.00	Officer Director	$0	$0	$0
WALTER D MACKNEY UNDERSHERIFF	BOARD MEMBER	1.00	Director	$0	$0	$0
VIRGINIA ELLIOT	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT STARKS	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM J PENMAN	EXECUTIVE DIRECTOR	40.00	Officer	$128,790	$17,628	$146,418
CHRISTINE SLOCUM	DIRECTOR OF FINANCE	40.00	Officer	$49,202	$1,456	$50,658

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	$3,835,972	$3,881,353	$2,591,222	$-45,381
2023	$3,085,164	$3,062,281	$2,646,213	$22,883
2022	$2,431,900	$2,509,885	$2,323,020	$-77,985
2021	$2,321,276	$2,408,291	$2,344,348	$-87,015
2020	$2,749,912	$2,452,851	$2,491,126	$297,061
2019	$2,393,906	$2,620,304	$2,553,460	$-226,398
2018	$2,020,340	$2,110,122	$2,581,582	$-89,782

ALLEGANY COUNCIL ON ALCOHOLISM - SUBSTANCE ABUSE INC