CAPE ATLANTIC INK INC (EIN 223843135) - 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

2001

Legal Domicile

Principal Officer

ALAN DESTEFANO

Phone

6098292038

Tax Period

2024-07-01 to 2025-06-30

CAPE ATLANTIC INK INC, founded in 2001, is a mid-sized nonprofit in the Mental Health sector that reported $14.9M in total revenue in fiscal year 2024. Expenses of $13.7M left a modest 8% surplus.

Mission

CAPE ATLANTIC INK PROVIDES CARE MANAGEMENT SERVICES TO YOUTH WITH SERIOUS MENTAL HEALTH AND BEHAVIORAL HEALTH CHALLENGES.

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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 $786,559

Program Service Revenue $13,926,966

Investment Income $145,203

Other Revenue $0

TOTAL REVENUE $14,858,728

Expense Breakdown

Grants Paid $522,026

Salaries & Benefits $11,592,412

Fundraising Expenses $0

Program Expenses $10,576,438

Other Expenses $1,628,062

TOTAL EXPENSES $13,742,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,858,728	$13,950,623	+0.1%
Expenses	$13,742,500	$12,719,063	+0.1%
Net Income	$1,116,228	$1,231,560	-0.1%

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

144

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

$362,035

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARYA PARRAL	BOARD CHAIRPERSON	2.00	Officer Director	$0	$0	$0
STEVE MARCHIANO	TREASURER (TO 04/25)/ CFO (AS OF 05/25)	2.00	Officer Director	$0	$0	$0
GREGORY SPEED	VICE CHAIRPERSON	2.00	Director	$0	$0	$0
MARIA GALLAGHER	BOARD DIRECTOR	2.00	Director	$0	$0	$0
LAURA MARCY	BOARD DIRECTOR	2.00	Director	$0	$0	$0
RAYMOND TONEY	BOARD DIRECTOR	2.00	Director	$0	$0	$0
ALAN DESTEFANO	EXECUTIVE DIRECTOR	40.00	Officer	$185,435	$23,337	$208,772
WAYNE RICHTER	CHIEF FINANCIAL OFFICER	40.00	Officer	$132,226	$21,037	$153,263
PATRICIA ORAPALLO	OPERATIONS ADMINISTRATOR	40.00	Highest	$144,594	$21,557	$166,151
GLORIST MOORE	SENIOR PROGRAM MANAGER	40.00	Highest	$131,407	$7,216	$138,623
CATHLEEN HUTCHISON	PROGRAM MANAGER	40.00	Highest	$113,701	$20,243	$133,944
ANDREA FOGG	QUALITY ADMINISTRATOR	40.00	Highest	$114,073	$17,715	$131,788
KATHARINE JUZWIAK-THOMPSON	BHH PROGRAM MANAGER	40.00	Highest	$109,160	$27,905	$137,065

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	$14,858,728	$13,742,500	$13,615,464	$1,116,228
2024	$13,950,623	$12,719,063	$11,663,016	$1,231,560
2023	$13,442,668	$11,987,379	$10,509,172	$1,455,289
2022	$12,672,612	$10,593,179	$7,877,915	$2,079,433
2022	$12,672,612	$10,593,179	$7,877,915	$2,079,433
2021	$10,989,819	$9,333,501	$6,062,564	$1,656,318

CAPE ATLANTIC INK INC