PROSPECTUS ASSOCIATES INC (EIN 232023612) - 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

1977

Legal Domicile

Principal Officer

NIKKI ROMAN-CRUZ

Phone

6103724637

Tax Period

2024-07-01 to 2025-06-30

PROSPECTUS ASSOCIATES INC, founded in 1977, is a mid-sized nonprofit in the Human Services sector that reported $24.1M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $20.8M left a modest 14% surplus.

Mission

ENRICHES THE LIVES OF PEOPLE WITH DISABILITIES AND THEIR FAMILIES BY PROVIDING SUPPORT SERVICES

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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 $163,294

Program Service Revenue $23,581,574

Investment Income $403,850

Other Revenue $-15,130

TOTAL REVENUE $24,133,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,248,436

Fundraising Expenses $123,374

Program Expenses $17,644,874

Other Expenses $4,592,229

TOTAL EXPENSES $20,840,665

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,133,588	$20,161,963	+0.2%
Expenses	$20,840,665	$19,535,463	+0.1%
Net Income	$3,292,923	$626,500	+4.3%

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

351

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

$545,821

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHEL DETURCK	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS J WENTZEL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
C ROBERT RICE JR ESQ CPA	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN HUNTER	SECRETARY	1.00	Officer Director	$0	$0	$0
DR AMANDA CIPOLLA	BOARD MEMBER	1.00	Director	$0	$0	$0
BEVERLY CUMMINGS	BOARD MEMBER	1.00	Director	$0	$0	$0
DALE G DERR	BOARD MEMBER	1.00	Director	$0	$0	$0
ANN MARIE K HAUS	BOARD MEMBER AS OF JANUARY	1.00	Director	$0	$0	$0
HEATHER HILLMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER MATTEN	BOARD MEMBER	1.00	Director	$0	$0	$0
GAVIN MILLIGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSHUA A OSWALD	BOARD MEMBER	1.00	Director	$0	$0	$0
CORY PORRINO	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIE SCHMEHL	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY K VAUGHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JODY WAGNER	CEO	40.00	Officer	$161,581	$20,408	$181,989
JONATHAN COLON-COLON	COO	40.00	Officer	$157,312	$33,893	$191,205
NIKKI ROMAN-CRUZ	CFO	40.00	Officer	$137,536	$35,091	$172,627
KRISTY VIGO	COMMUNITY SERVICES ADMINISTRATOR	40.00	Highest	$128,346	$34,687	$163,033
MARIE REMY	RESIDENTIAL DIRECT SUPPORT PROF.	48.00	Highest	$114,102	$17,874	$131,976
BROOKE WAGNER	HEALTHCARE COORDINATOR	40.00	Highest	$110,182	$34,145	$144,327

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	$24,133,588	$20,840,665	$21,917,017	$3,292,923
2024	$20,161,963	$19,535,463	$19,303,901	$626,500
2023	$18,902,658	$18,240,457	$19,624,227	$662,201
2022	$22,583,253	$17,650,434	$18,973,994	$4,932,819
2021	$19,094,960	$17,929,395	$14,671,721	$1,165,565
2020	$20,476,021	$18,797,335	$17,183,602	$1,678,686
2019	$19,979,390	$18,591,892	$14,111,153	$1,387,498
2018	$19,079,171	$17,057,196	$12,950,315	$2,021,975

PROSPECTUS ASSOCIATES INC