COFAR INC

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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

1987

Legal Domicile

Principal Officer

WILLIAM STEFANIAK

Phone

5083393379

Tax Period

2025-01-01 to 2025-12-31

COFAR INC, founded in 1987, is a micro nonprofit that reported $92K in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $122K exceeded revenue, resulting in a 33% operating deficit.

Mission

COFAR ADVOCATES FOR CHOICE IN, AND ACCESS TO COMPREHENSIVE AND HIGH-QUALITY CARE FOR PERSONS WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES. THROUGH THE EFFORTS OF OUR FAMILY MEMBERS AND VOLUNTEERS, WE ADVOCATE FOR ADEQUATE FUNDING AND STAFFING FOR RESIDENTIAL AND OTHER PROGRAMS PROVIDED BY THE DEPARTMENT OF DEVELOPMENTAL SERVICES. WE ALSO PROVIDE ADVOCACY INFORMATION AND ADVICE TO FAMILIES AND GUARDIANS OF THOSE WITH INTELLECTUAL AND OTHER DEVELOPMENTAL DISABILITIES, WHEREVER THEY MAY LIVE.

Program Service Accomplishments

Program 1

Expenses: $103,500 Revenue: $130

PROVIDE ADVOCACY AND SUPPORT FOR FAMILIES OF INDIVIDUALS DIAGNOSED WITH DEVELOPMENTAL DISABILITIES THROUGH REVIEWING GOVERNMENT PERFORMANCE OF REGULATIONS, PROVIDING THE PUBLIC WITH INFORMATION...

PROVIDE ADVOCACY AND SUPPORT FOR FAMILIES OF INDIVIDUALS DIAGNOSED WITH DEVELOPMENTAL DISABILITIES THROUGH REVIEWING GOVERNMENT PERFORMANCE OF REGULATIONS, PROVIDING THE PUBLIC WITH INFORMATION REGARDING GOVERNMENT REGULATION PERFORMANCE, PROVIDING THE PUBLIC WITH INFORMATION AND EDUCATION ON RELATED SYSTEMIC ISSUES, AND SUPPORT FOR FAMILIES REGARDING BILLING COSTS ASSOCIATED WITH SUPPORTING THOSE WITH DEVELOPMENTAL 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 (2025)

Revenue Breakdown

Contributions & Grants $7,707

Program Service Revenue $0

Investment Income $83,997

Other Revenue $0

TOTAL REVENUE $91,704

Expense Breakdown

Grants Paid $0

Salaries & Benefits $100,040

Fundraising Expenses $0

Program Expenses $103,500

Other Expenses $21,606

TOTAL EXPENSES $121,646

Year-over-Year Comparison

	2025	2024	Change
Revenue	$91,704	$78,656	+0.2%
Expenses	$121,646	$135,264	-0.1%
Net Income	$-29,942	$-56,608	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS J FRAIN ESQ	PRESIDENT	4.00	Officer Director	$0	$0	$0
JOHANNA SMITH	VICE-PRESIDENT	4.00	Officer Director	$0	$0	$0
WILLIAM STEFANIAK	TREASURER	4.00	Officer Director	$0	$0	$0
MITCH SIKORA	DIRECTOR	2.00	Director	$0	$0	$0
KIM MEEHAN	DIRECTOR	2.00	Director	$0	$0	$0
TIMOTHY O'CONNELL	DIRECTOR	2.00	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
2025	$91,704	$121,646	$1,896,562	$-29,942
2024	No data	No data	No data	No data
2023	$51,478	$126,892	$1,701,296	$-75,414
2022	$78,735	$145,749	$1,583,233	$-67,014
2021	$125,270	$146,500	$2,059,050	$-21,230
2020	$312,997	$58,130	$1,925,089	$254,867