NET TREATMENT SERVICES INC (EIN 222697033) - 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

1970

Legal Domicile

Principal Officer

CHRISTOPHER WAITERS

Phone

2154517000

Tax Period

2022-07-01 to 2023-06-30

NET TREATMENT SERVICES INC, founded in 1970, is a mid-sized nonprofit in the Mental Health sector that reported $18.1M in total revenue in fiscal year 2022.

Mission

PROVIDE COMPASSIONATE CARE TO HELP INDIVIDUALS AND FAMILIES HEAL, RECOVER, AND REBUILD THEIR LIVES

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $18,088,446

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $18,088,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,214,510

Fundraising Expenses $36,555

Program Expenses $16,956,085

Other Expenses $7,302,317

TOTAL EXPENSES $18,516,827

Year-over-Year Comparison

	2022	2021	Change
Revenue	$18,088,446	$18,333,510	0.0%
Expenses	$18,516,827	$19,161,191	0.0%
Net Income	$-428,381	$-827,681	-0.5%

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

248

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

$795,808

Total Directors

$603,438

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REGAN KELLY	PRESIDENT/CEO	1.00	Officer Director	$0	$23,810	$436,310
CHRISTOPHER WAITERS	EXECUTIVE DIRECTOR	40.00	Officer	$175,500	$16,870	$192,370
JAMES STRAUSS	TREASURER (UNTIL 08/22)	1.00	Officer Director	$0	$13,197	$167,128
CHUCK KENNEDY	TREASURER (FROM 01/23)	1.00	Officer Director	$0	$0	$0
WILLIAM G SMITH	CHAIRMAN	0.10	Officer Director	$0	$0	$0
LUCIA B WILLIAMS	BOARD MEMBER	0.10	Officer Director	$0	$0	$0
MARY ELLIS SANTIAGO	BOARD MEMBER	0.10	Director	$0	$0	$0
BONITA CUMMINGS	BOARD MEMBER	0.10	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
2023	No data	No data	No data	No data
2023	$18,088,446	$18,516,827	$6,376,467	$-428,381
2022	$18,333,510	$19,161,191	$6,962,097	$-827,681
2021	$17,590,215	$17,896,876	$7,104,223	$-306,661
2020	$17,057,382	$17,171,801	$5,285,849	$-114,419
2019	$18,103,330	$18,418,195	$7,365,713	$-314,865
2018	$17,941,965	$18,164,423	$7,610,214	$-222,458

NET TREATMENT SERVICES INC