LADACIN NETWORK INC (EIN 210674715) - 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

1952

Legal Domicile

Principal Officer

PATRICIA CARLESIMO

Phone

7324935900

Tax Period

2024-07-01 to 2025-06-30

LADACIN NETWORK INC, founded in 1952, is a mid-sized nonprofit in the Diseases & Disorders sector that reported $36.9M in total revenue in fiscal year 2024. Expenses of $35.7M left a modest 3% surplus.

Mission

TO PROVIDE EDUCATION, THERAPY, SOCIAL, RESIDENTIAL AND OTHER SUPPORT SERVICES TO PEOPLE WITH DEVELOPMENTAL AND OTHER PHYSICAL DISABILITIES.

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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 $1,784,102

Program Service Revenue $34,497,192

Investment Income $417,035

Other Revenue $245,020

TOTAL REVENUE $36,943,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,457,865

Fundraising Expenses $339,563

Program Expenses $34,042,832

Other Expenses $5,253,632

TOTAL EXPENSES $35,711,497

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,943,349	$35,550,374	+0.0%
Expenses	$35,711,497	$33,089,110	+0.1%
Net Income	$1,231,852	$2,461,264	-0.5%

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

593

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

$466,987

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN F BELL CPA	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
VICTOR SBAILO	MEMBER	1.00	Director	$0	$0	$0
NANCY KEGELMAN EDD	PRESIDENT	3.00	Officer Director	$0	$0	$0
WILLIAM COLLOPY	MEMBER	1.00	Director	$0	$0	$0
CHRISTINE RUSSELL GRAY	SECRETARY	3.00	Officer Director	$0	$0	$0
THOMAS F HAYES	MEMBER	1.00	Director	$0	$0	$0
STEPHAN LOWY	MEMBER	1.00	Director	$0	$0	$0
KANESHA JONES	MEMBER	1.00	Director	$0	$0	$0
PHILIP NISBET	TREASURER	3.00	Officer Director	$0	$0	$0
VINCENT J VIVONA DO JD	MEMBER	3.00	Director	$0	$0	$0
KELLY SIEGFRIED	MEMBER	1.00	Director	$0	$0	$0
JOEL GOLDFINGER	MEMBER	1.00	Director	$0	$0	$0
CRYSTAL FITZPATRICK	DIRECTOR OF FINANCE	35.00	Officer	$113,378	$14,257	$127,635
PATRICIA B CARLESIMO	EXECUTIVE DIRECTOR	35.00	Officer	$279,932	$59,420	$339,352
JUDITH A HILLA	SPEECH LANGUAGE PATHOLOGIST	40.00	Highest	$151,854	$8,008	$159,862
MICHELE P FINCHLER	SPEECH LANGUAGE PATHOLOGIST	40.00	Highest	$133,664	$25,566	$159,230
CELESTE SMITH	ASSOCIATE EXECUTIVE DIR	40.00	Highest	$174,199	$36,066	$210,265
LISA GRAUL	ASSOCIATE EXECUTIVE DIR	40.00	Highest	$131,553	$50,225	$181,778
TIYAEH MEPHIBOSHETH	DIRECT SUPPORT PROFESSIONAL	60.00	Highest	$118,244	$18,969	$137,213

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
2025	$36,943,349	$35,711,497	$30,531,268	$1,231,852
2024	$35,550,374	$33,089,110	$27,618,697	$2,461,264
2023	$32,275,164	$30,521,692	$24,926,387	$1,753,472
2022	$30,468,758	$26,609,108	$23,397,632	$3,859,650
2021	$28,683,732	$24,712,668	$18,550,993	$3,971,064
2020	$28,588,996	$27,248,946	$15,247,228	$1,340,050
2019	$28,102,292	$27,197,987	$14,144,671	$904,305
2018	$25,780,412	$25,805,690	$12,369,128	$-25,278

LADACIN NETWORK INC