MENTAL HEALTH AND ADDICTION NETWORK INC

EIN: 201358397 501(c)(3) Mental Health

SALEM, MA

Total Revenue
$141,790
Total Expenses
$139,259
Total Assets
$84,564
Net Assets
$72,338
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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
2004
Legal Domicile
MD
Principal Officer
JUDI HOLLEY
Phone
9785486539
Tax Period
2021-05-01 to 2022-04-30

MENTAL HEALTH AND ADDICTION NETWORK INC, founded in 2004, is a small nonprofit in the Mental Health sector that reported $142K in total revenue in fiscal year 2021. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

TO HELP MENTAL HEALTH FOCUSED GROUPS AND CHARITIES INCREASE THEIR FUNDRAISING CAPACITY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $115,085
Program Service Revenue $26,705
Investment Income $0
Other Revenue $0
TOTAL REVENUE $141,790

Expense Breakdown

Grants Paid $87,755
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $132,692
Other Expenses $51,504
TOTAL EXPENSES $139,259

Year-over-Year Comparison

2021 2020 Change
Revenue $141,790 $180,480 -0.2%
Expenses $139,259 $171,210 -0.2%
Net Income $2,531 $9,270 -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

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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
JUDI HOLLEY PRESIDENT 1.00
Officer Director
$0 $0 $0
ED NOVAK TREASURER 1.00
Officer Director
$0 $0 $0
DUKE HUTCHINSON 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
2022 $141,790 $139,259 $84,564 $2,531
2021 $180,480 $171,210 $78,249 $9,270
2020 $172,806 $177,378 $67,361 $-4,572
2019 $140,629 $158,304 $78,492 $-17,675
2018 $306,922 $312,230 $144,834 $-5,308
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