CONCEPT HEALTH SYSTEM INC (EIN 237063810) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1970

Legal Domicile

Principal Officer

CONNOLLY GLEESON D'SOUZA

Phone

3053986100

Tax Period

2023-07-01 to 2024-06-30

CONCEPT HEALTH SYSTEM INC, founded in 1970, is a community nonprofit in the Mental Health sector that reported $4.8M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

CONCEPT HEALTH SYSTEM INC PROVIDES COMPREHENSIVE AND SPECIALIZED RESIDENTIAL, OUTPATIENT, AND SUPPORTIVE PREVENTION SERVICES TO INDIVIDUALS AND FAMILIES WITH SUBSTANCE ABUSE, MENTAL HEALTH ILLNESSES, AND RELATED DISORDERS. IN ADDITION TO TREATMENT SERVICES, CONCEPT HEALTH SYSTEM INC ALSO PROVIDES COMMUNITY PREVENTION AND OUTREACH SERVICES TO ADULTS AND ADOLESCENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,670,460

Program Service Revenue $91,076

Investment Income $0

Other Revenue $513

TOTAL REVENUE $4,762,049

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,815,615

Fundraising Expenses $0

Program Expenses $4,092,902

Other Expenses $2,063,051

TOTAL EXPENSES $4,878,666

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,762,049	$4,166,598	+0.1%
Expenses	$4,878,666	$3,775,514	+0.3%
Net Income	$-116,617	$391,084	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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
VALERA JACKSON	CHAIR	0.50	Officer Director	$0	$0	$0
PIERRE RUTLEDGE	DIRECTOR	0.50	Officer Director	$0	$0	$0
ADAM SILVERMAN	DIRECTOR	0.50	Officer Director	$0	$0	$0
ADAM STOLZ	DIRECTOR	0.50	Officer Director	$0	$0	$0
CONNOLLY GLEESON D'SOUZA	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
DAVID A SALAMON	FORMER EXECUTIVE DIRECTOR	40.00		$111,697	$0	$111,697

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	$4,762,049	$4,878,666	$1,660,817	$-116,617
2023	$4,166,598	$3,775,514	$1,887,441	$391,084
2022	$3,063,520	$3,145,635	$1,323,366	$-82,115
2021	$2,586,116	$2,693,723	$1,048,778	$-107,607
2020	$2,399,560	$2,355,073	$936,593	$44,487
2019	$2,407,683	$2,331,673	$904,955	$76,010

CONCEPT HEALTH SYSTEM INC