McDermott Center (EIN 237249912) - 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

1972

Legal Domicile

Principal Officer

Dan Lustig

Phone

3122267984

Tax Period

2023-07-01 to 2024-06-30

McDermott Center, founded in 1972, is a mid-sized nonprofit that reported $32.4M in total revenue in fiscal year 2023.

Mission

THE MISSION OF HAYMARKET CENTER IS TO AID PEOPLE WITH SUBSTANCE USE DISORDERS IN THEIR RECOVERY BY PROVIDING COMPREHENSIVE BEHAVIORAL HEALTH SOLUTIONS.

🔒

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 $996,428

Program Service Revenue $30,779,205

Investment Income $764,117

Other Revenue $-99,525

TOTAL REVENUE $32,440,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,232,064

Fundraising Expenses $0

Program Expenses $30,049,589

Other Expenses $12,466,148

TOTAL EXPENSES $34,698,212

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,440,225	$30,857,647	+0.1%
Expenses	$34,698,212	$29,607,019	+0.2%
Net Income	$-2,257,987	$1,250,628	-2.8%

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

333

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

$622,679

Total Directors

$622,679

Key Employees

$977,399

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dan Lustig	President, CEO	40.0	Officer Director	$379,686	$35,905	$415,591
Robert Edstrom	Chief Financial Officer	40.0	Officer Director	$188,898	$18,190	$207,088
Kenyatta Cathey	Vice President of Clinical Ser	40.0	Key Emp	$178,538	$18,530	$197,068
Jeffrey Collord	Vice President of Operations	40.0	Key Emp	$143,000	$24,481	$167,481
Jesse Taylor	VP of Facilities and Business	40.0	Key Emp	$133,652	$32,860	$166,512
Sarah English	VP of Development	40.0	Key Emp	$120,700	$32,292	$152,992
Anna Kuzak	Controller	40.0	Key Emp	$116,500	$33,878	$150,378
Linda Maranda	VP of Strategic Partnership	40.0	Key Emp	$123,625	$19,343	$142,968
Lee Daniels	Chairman	10.0	Officer Director	$0	$0	$0
Matt Powers	Board Secretary	1.0	Officer Director	$0	$0	$0
Thomas J Stack	Board Director	1.0	Director	$0	$0	$0
Steve Davis	Board Director	3.0	Director	$0	$0	$0
Tanya Davis	Board Director	2.0	Director	$0	$0	$0
Susan Rose	Board Chairman	1.5	Officer Director	$0	$0	$0
JOSEPH STACK	Board Director	2.0	Director	$0	$0	$0
Harmony D Harrington	Board Director - SINCE 3/20/19	3.0	Director	$0	$0	$0
Michelle Andreoli	Board Director	1.0	Director	$0	$0	$0
Erin Cabonargi	Board Director	3.0	Director	$0	$0	$0
William Martin	Board Director	3.0	Director	$0	$0	$0
John T Mcarthy	Board Director	3.0	Director	$0	$0	$0
Daniel Nudelman	Board Director	1.5	Director	$0	$0	$0
Dan Sullivan	Board Director	2.0	Director	$0	$0	$0
Heather Way Kitzes	Board Director	3.0	Director	$0	$0	$0

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	$32,440,225	$34,698,212	$58,526,570	$-2,257,987
2023	$30,857,647	$29,607,019	$58,286,621	$1,250,628
2022	$28,602,188	$27,270,829	$49,884,769	$1,331,359
2021	$37,712,444	$25,902,584	$51,001,445	$11,809,860
2020	$29,487,424	$24,738,700	$43,810,758	$4,748,724
2019	$24,181,350	$23,000,056	$34,442,760	$1,181,294
2018	$38,125,074	$22,351,898	$33,311,351	$15,773,176

McDermott Center