ELIZABETH H FAULK FOUNDATION INC

EIN: 237153172 501(c)(3) Mental Health

BOCA RATON, FL

Total Revenue
$1,976,125
Total Expenses
$1,966,130
Total Assets
$1,357,357
Net Assets
$1,234,175
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
FL
Principal Officer
JONATHAN PRICE
Phone
5614835300
Tax Period
2024-07-01 to 2025-06-30

ELIZABETH H FAULK FOUNDATION INC, founded in 1972, is a community nonprofit in the Mental Health sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

THE ELIZABETH H. FAULK FOUNDATION, INC. (THE "FOUNDATION") IS A NONPROFIT CORPORATION ORGANIZED TO PROMOTE EMOTIONAL WELL-BEING THROUGH A VARIETY OF FREE AND LOW-COST MENTAL HEALTH PROGRAMS. THE FOUNDATION'S SERVICES ARE PROVIDED THROUGH THE FAULK CENTER FOR COUNSELING. THE FAULK CENTER FOR COUNSELING'S PRIMARY MODEL OF CARE UTILIZES DOCTORAL (PH.D. & PSY.D) INTERNS, GRADUATE STUDENTS, AND VOLUNTEER MENTAL HEALTH PROFESSIONALS TO PROVIDE PERSONALIZED INDIVIDUAL, COUPLE, FAMILY, AND GROUP COUNSELING SERVICES. ALL STUDENTS AND VOLUNTEERS ARE OVERSEEN, MANAGED, AND EVALUATED BY LICENSED CLINICIANS WHO ENSURE SERVICES ALIGN WITH THE AMERICAN PSYCHOLOGICAL ASSOCIATION (APA) EVIDENCE-BASED RECOMMENDATIONS FOR THE ASSESSMENT AND TREATMENT OF PSYCHIATRIC DISORDERS. STUDENTS WHO PROVIDE CLIENT SERVICES COME FROM ACCREDITED UNIVERSITIES AND ARE RIGOROUSLY VETTED AND REGULARLY EVALUATED TO ENSURE THAT THE QUALITY OF SERVICES MEETS OR EXCEEDS THE SERVICES YOU WOULD GET FROM A LICENSED PSYCHOLOGIST

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,043,651
Program Service Revenue $932,209
Investment Income $265
Other Revenue $0
TOTAL REVENUE $1,976,125

Expense Breakdown

Grants Paid $0
Salaries & Benefits $965,519
Fundraising Expenses $86,739
Program Expenses $1,725,424
Other Expenses $1,000,611
TOTAL EXPENSES $1,966,130

Year-over-Year Comparison

2024 2023 Change
Revenue $1,976,125 $2,156,011 -0.1%
Expenses $1,966,130 $1,914,298 +0.0%
Net Income $9,995 $241,713 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
18
Volunteers
35

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
5
$176,731
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GWENESIA S COLLINS PHARMD CPH PRESIDENT 2.00
Officer Director
$0 $0 $0
LOIS WEISMAN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
JASON TROCK TREASURER 2.00
Officer Director
$0 $0 $0
BILL HARPER SECRETARY 2.00
Officer Director
$0 $0 $0
GARY S BETENSKY ESQ TRUSTEE 2.00
Director
$0 $0 $0
JEFFREY S BOVARNICK ESQ TRUSTEE 2.00
Director
$0 $0 $0
LAURIE DUBOW CDPE REOS CLHMS TRUSTEE 2.00
Director
$0 $0 $0
CINDY WINTER TRUSTEE 2.00
Director
$0 $0 $0
LEANN ELDER TRUSTEE 2.00
Director
$0 $0 $0
JONATHAN PRICE CEO 36.00
Officer
$169,933 $6,798 $176,731
DR HOLLY KATZ CLINICAL & T 40.00
Highest
$151,821 $5,839 $157,660
DR CHRISTINA ELKIND CLINICAL&TRN 40.00
Highest
$100,690 $4,073 $104,763
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 $1,976,125 $1,966,130 $1,357,357 $9,995
2024 $2,156,011 $1,914,298 $1,341,896 $241,713
2023 $1,407,312 $1,648,138 $1,057,231 $-240,826
2022 $1,662,059 $1,280,583 $10,167,484 $381,476
2021 $2,513,663 $1,100,824 $11,536,077 $1,412,839
2020 $1,177,981 $1,232,323 $8,497,053 $-54,342
2019 $4,594,599 $1,161,301 $8,824,814 $3,433,298
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