GREATER READING MENTAL HEALTH ALLIANCE (EIN 231522636) - 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

1986

Legal Domicile

Principal Officer

WENDY SEIDEL

Phone

6107753000

Tax Period

2024-01-01 to 2024-12-31

GREATER READING MENTAL HEALTH ALLIANCE, founded in 1986, is a community nonprofit in the Mental Health sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 23% operating deficit.

Mission

MENTAL HEALTH WELLNESS AND RECOVERY IN BERKS COUNTY THROUGH ADVOCACY, EDUCATION AND SUPPORT

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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 $198,281

Program Service Revenue $810,003

Investment Income $43,061

Other Revenue $4,115

TOTAL REVENUE $1,055,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,041,618

Fundraising Expenses $0

Program Expenses $1,240,542

Other Expenses $254,893

TOTAL EXPENSES $1,296,511

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,055,460	$887,311	+0.2%
Expenses	$1,296,511	$1,248,057	+0.0%
Net Income	$-241,051	$-360,746	-0.3%

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

$99,584

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS FERRY	PRESIDENT THRU MARCH ; DIRECTOR THRU OCT	1.00	Officer Director	$0	$0	$0
NICHOLAS HILL	DIRECTOR; PRESIDENT AS OF MARCH	1.00	Officer Director	$0	$0	$0
CONNIE MITCHELL-BATES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR LAUREN MOSS PHD	SECRETARY THRU JUNE ; DIRECTOR	1.00	Officer Director	$0	$0	$0
MARY FAVINGER	DIRECTOR; SECRETARY AS OF JUNE	1.00	Officer Director	$0	$0	$0
LORI BRACKEN	TREASURER	1.00	Officer Director	$0	$0	$0
ANN DERISO	DIRECTOR THRU OCTOBER	1.00	Director	$0	$0	$0
REV TOM SCORNAVACCHI	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA MOREY	DIRECTOR THRU JANUARY	1.00	Director	$0	$0	$0
BARBARA WERNER	DIRECTOR	1.00	Director	$0	$0	$0
CURIN ROMICH	DIRECTOR	1.00	Director	$0	$0	$0
WENDY SEIDEL	EXECUTIVE DIRECTOR	40.00	Officer	$99,584	$0	$99,584

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
2024	$1,055,460	$1,296,511	$1,751,886	$-241,051
2023	$887,311	$1,248,057	$1,990,090	$-360,746
2022	$1,202,308	$1,103,018	$2,341,359	$99,290
2021	$1,333,935	$1,095,346	$2,246,092	$238,589
2020	$1,598,002	$1,355,258	$2,048,223	$242,744
2019	$1,392,896	$1,527,702	$1,793,379	$-134,806
2018	$1,573,506	$1,481,556	$1,927,618	$91,950

GREATER READING MENTAL HEALTH ALLIANCE