Palladia Inc

EIN: 237089380 501(c)(3)

New York, NY

Total Revenue
$37,934,370
Total Expenses
$35,060,077
Total Assets
$12,909,216
Net Assets
$-1,125,810
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
NY
Principal Officer
DONNA COLONNA
Phone
2126336900
Tax Period
2017-07-01 to 2018-06-30

Palladia Inc, founded in 1970, is a mid-sized nonprofit that reported $37.9M in total revenue in fiscal year 2017. Expenses of $35.1M left a modest 8% surplus.

Mission

PALLADIA IS NATIONALLY RECOGNIZED FOR ITS INNOVATIVE SERVICE DELIVERY IN THE FIELDS OF SUBSTANCE ABUSE, HOUSING, HOMELESSNESS, HIV/AIDS, MENTAL ILLNESS, TRAUMA, DOMESTIC VIOLENCE, CRIMINAL JUSTICE SERVICES AND FAMILY SERVICES. PALLADIA OFFERS IT'S WIDE RANGE OF SERVICES ALONG A CONTINUUM OF CARE-FROM OUTREACH, PREVENTION AND TREATMENT THROUGH SUPPORTIVE, PERMANENT HOUSING. THESE SERVICES ARE DESIGNED TO PROMOTE INDEPENDENCE AND RESPONSIBLE LIVING. PALLADIA PURSUES ITS MISSION BY WORKING IN PARTNERSHIP WITH GOVERNMENT, COMMUNITIES, ACADEMIC INSTITUTIONS AND THE PRIVATE SECTOR.

Program Service Accomplishments

Program 1
Expenses: $15,280,051 Revenue: $2,313,977

HOUSING SERVICES - SUPPORTIVE HOUSING SERVICES PROVIDES ON-GOING CASE MANAGEMENT SERVICES TO ALL TENANTS LIVING IN OUR SCATTERED SITE AND CONGREGATE PERMANENT HOUSING. SERVICES FOCUS ON FAMILY...

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HOUSING SERVICES - SUPPORTIVE HOUSING SERVICES PROVIDES ON-GOING CASE MANAGEMENT SERVICES TO ALL TENANTS LIVING IN OUR SCATTERED SITE AND CONGREGATE PERMANENT HOUSING. SERVICES FOCUS ON FAMILY REUNIFICATION, RESIDENTIAL AND FAMILY STABILITY, INDEPENDENCE, SELF-SUFFICIENCY, RELAPSE PREVENTION AND RECOVERY ISSUES, MENTAL HEALTH ISSUES, EDUCATIONAL TRAINING AND RESPONSIBILITY IN THE MANAGEMENT OF OUR CLIENTS' LIVES.

Program 2
Expenses: $15,005,196 Revenue: $2,498,449

SUBSTANCE ABUSE SERVICES - TO BREAK THE CYCLE OF POVERTY AND CHEMICAL DEPENDENCE, PALLADIA OFFERS RESIDENTIAL AND OUTPATIENT TREATMENT FOR INDIVIDUALS AND FAMILIES STRUGGLING WITH CHEMICAL...

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SUBSTANCE ABUSE SERVICES - TO BREAK THE CYCLE OF POVERTY AND CHEMICAL DEPENDENCE, PALLADIA OFFERS RESIDENTIAL AND OUTPATIENT TREATMENT FOR INDIVIDUALS AND FAMILIES STRUGGLING WITH CHEMICAL DEPENDENCE. THESE SUBSTANCE ABUSE SERVICES ARE PROVIDED THROUGH FOUR RESIDENTIAL SERVICE PROGRAMS AND THREE OUTPATIENT PROGRAMS AND SERVE MORE THAN 600 INDIVIDUALS DAILY. THE RESIDENTIAL SERVICES ALSO PROVIDE SUPPLEMENTAL EDUCATION, VOCATIONAL TRAINING AND PLACEMENT AND FAMILY REUNIFICATION. PALLADIA HAS ALSO ASSUMED A LEADERSHIP ROLE IN DEVELOPING PROGRAMMING FOR MEN AND WOMEN WITH A CO-OCCURRENCE OF MENTAL ILLNESS AND SUBSTANCE ABUSE.

Program 3
Expenses: $1,351,770 Revenue: $0

HOMELESS PREVENTION SERVICES - PALLADIA PROVIDES HOMELESS PREVENTION SERVICES ON AN OUTPATIENT BASIS, AS WELL AS PERMANENT HOUSING TO ABOUT 800 CLIENTS DAILY. OUR PURPOSE IS TO KEEP FAMILIES TOGETHER...

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HOMELESS PREVENTION SERVICES - PALLADIA PROVIDES HOMELESS PREVENTION SERVICES ON AN OUTPATIENT BASIS, AS WELL AS PERMANENT HOUSING TO ABOUT 800 CLIENTS DAILY. OUR PURPOSE IS TO KEEP FAMILIES TOGETHER AND REUNITE THEM, TO PROVIDE JOB TRAINING AND ENCOURAGE CONTINUING EDUCATION, TO OFFER A SAFE HAVEN AND TO MAKE PERMANENT AND STABLE HOME A REALITY FOR HUNDREDS OF HOMELESS INDIVIDUALS AND FAMILIES.

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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%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $32,854,794
Program Service Revenue $4,735,160
Investment Income $7,132
Other Revenue $337,284
TOTAL REVENUE $37,934,370

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,746,187
Fundraising Expenses $0
Program Expenses $33,262,609
Other Expenses $17,313,890
TOTAL EXPENSES $35,060,077

Year-over-Year Comparison

2017 2016 Change
Revenue $37,934,370 $36,619,603 +0.0%
Expenses $35,060,077 $36,480,584 0.0%
Net Income $2,874,293 $139,019 +19.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
358
Volunteers
5

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
4
$1,019,176
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOANN SACKS CHAIRPERSON 1.0
Officer Director
$0 $0 $0
AMELIA WRIGHT BREWER DIRECTOR 1.0
Director
$0 $0 $0
EARL BROWN DIRECTOR 1.0
Director
$0 $0 $0
SCOTT DRENVIG DIRECTOR 1.0
Director
$0 $0 $0
ED HUBBARD DIRECTOR 1.0
Director
$0 $0 $0
DONNA COLONNA CHIEF EXECUTIVE OFFICER 1.0
Officer
$0 $56,607 $437,890
PERRY PERLMUTTER CHIEF FINANCIAL OFFICER 1.0
Officer
$0 $41,809 $354,897
JUDITH JACKSON CHIEF OF STAFF 1.0
Officer
$0 $31,737 $226,389
Lynda D Jones-Johnson VP OF BEHAVIORAL HEALTH 40.0
Highest
$121,046 $13,880 $134,926
SHARON DORR VP of Homeless Services 40.0
Highest
$120,661 $9,347 $130,008
Lisa Snider Regional Director 40.0
Highest
$105,807 $11,101 $116,908
JOAN SALMON REGIONAL DIRECTOR 40.0
Highest
$100,561 $13,852 $114,413
JONATHAN WERLIN ASSISTANT VP SIBI 40.0
Highest
$100,203 $21,865 $122,068
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
2018 $37,934,370 $35,060,077 $12,909,216 $2,874,293
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