THE ALCOVE CENTER FOR GRIEVING CHILDREN AND FAMILIES INC (EIN 223808649) - 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

Principal Officer

KRISTEN RARING

Phone

6096534177

Tax Period

2023-07-01 to 2024-06-30

THE ALCOVE CENTER FOR GRIEVING CHILDREN AND FAMILIES INC is a small nonprofit in the Mental Health sector that reported $795K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $166K, a strong 21% operating margin.

Mission

THE ALCOVE'S MISSION IS TO PROVIDE A SAFE PLACE WHERE CHILDREN AND THEIR FAMILIES WHO ARE GRIEVING THE DEATH OF A LOVED ONE CAN RECEIVE COMFORT AND SUPPORT THROUGH THE HEALING PROCESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $632,278

Program Service Revenue $41,720

Investment Income $204

Other Revenue $120,679

TOTAL REVENUE $794,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $481,833

Fundraising Expenses $0

Program Expenses $566,240

Other Expenses $147,323

TOTAL EXPENSES $629,156

Year-over-Year Comparison

	2023	2022	Change
Revenue	$794,881	$563,399	+0.4%
Expenses	$629,156	$511,227	+0.2%
Net Income	$165,725	$52,172	+2.2%

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

$101,300

Total Directors

$101,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTEN RARING	Executive Dir.	40.00	Officer Director	$101,300	$0	$101,300
MICHELE MASTERMAN	President	2.00	Officer Director	$0	$0	$0
BETH BLUMBERG	Trustee	1.00	Director	$0	$0	$0
AMY WEINTROB ESQ	Trustee	1.00	Director	$0	$0	$0
KELLY BATZ CPA	Trustee	1.00	Director	$0	$0	$0
KEITH DAVIS	Trustee	1.00	Director	$0	$0	$0
TRACEY REIGHARD MSN RN	Trustee	1.00	Director	$0	$0	$0
MARC LUDWIG	Trustee	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	No data	No data	No data	No data
2024	$794,881	$629,156	$795,976	$165,725
2023	$563,399	$511,227	$627,973	$52,172
2022	$417,216	$453,855	$105,420	$-36,639
2021	$400,992	$420,929	$198,239	$-19,937
2020	$444,036	$388,427	$186,824	$55,609
2019	$394,738	$353,570	$123,626	$41,168

THE ALCOVE CENTER FOR GRIEVING CHILDREN AND FAMILIES INC