FRAMINGHAM, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ADVOCATES INC, founded in 1975, is a major nonprofit in the Mental Health sector that reported $160.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.
WE PARTNER WITH INDIVIDUALS, FAMILIES, AND COMMUNITIES TO SHAPE CREATIVE SOLUTIONS TO EVEN THE GREATEST LIFE CHALLENGES. FIRST WE LISTEN. THEN, TOGETHER, WE DO WHAT IT TAKES TO HELP PEOPLE THRIVE.
BEHAVIORAL HEALTH - OPERATED RESIDENTIAL AND OUTREACH PROGRAMS THAT HELPED PEOPLE WITH PSYCHIATRIC ILLNESS, SUBSTANCE ABUSE AND OTHER CHALLENGES IN LIVING. DURING THE YEAR THE AGENCY DELIVERED...
BEHAVIORAL HEALTH - OPERATED RESIDENTIAL AND OUTREACH PROGRAMS THAT HELPED PEOPLE WITH PSYCHIATRIC ILLNESS, SUBSTANCE ABUSE AND OTHER CHALLENGES IN LIVING. DURING THE YEAR THE AGENCY DELIVERED SERVICES TO APPROXIMATELY 78,503 INDIVIDUALS THROUGH 73 DIFFERENT PROGRAM LOCATIONS.
DEVELOPMENTAL DISABILITIES - OPERATED RESIDENTIAL AND DAY PROGRAMS THAT HELPED PEOPLE WITH DEVELOPMENTAL DISABILITIES OR OTHER CHALLENGES IN LIVING. DURING THE YEAR THE AGENCY DELIVERED SERVICES AND...
DEVELOPMENTAL DISABILITIES - OPERATED RESIDENTIAL AND DAY PROGRAMS THAT HELPED PEOPLE WITH DEVELOPMENTAL DISABILITIES OR OTHER CHALLENGES IN LIVING. DURING THE YEAR THE AGENCY DELIVERED SERVICES AND SUPPORT TO APPROXIMATELY 1189 INDIVIDUALS THROUGH 93 DIFFERENT PROGRAM LOCATIONS.
ADULT FAMILY CARE - PROVIDED SUPPORT AND OVERSIGHT FOR INDIVIDUALS PROVIDING CARE TO FAMILY MEMBERS WITH DISABILITIES OR WHO ARE ELDERLY. THE PROGRAM PROVIDED SUPPORT TO APPROXIMATELY 3,500...
ADULT FAMILY CARE - PROVIDED SUPPORT AND OVERSIGHT FOR INDIVIDUALS PROVIDING CARE TO FAMILY MEMBERS WITH DISABILITIES OR WHO ARE ELDERLY. THE PROGRAM PROVIDED SUPPORT TO APPROXIMATELY 3,500 INDIVIDUALS AND FAMILIES THROUGH 7 PROGRAM LOCATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $160,372,498 | $147,477,334 | +0.1% |
| Expenses | $162,514,395 | $143,643,827 | +0.1% |
| Net Income | $-2,141,897 | $3,833,507 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DANIEL M WEIR | VICE CHAIR/DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL SHERIDAN | TREASURER/DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICIA G VINTER | VICE CHAIR/DIRECTOR (UNTIL 5/24) | 1.00 |
Director
|
$0 | $0 | $0 |
| KAY H HODGE ESQ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEX FIDALGO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLENE JACOBS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DENNIS MILLNER-HANLEY | ASSISTANT CLERK/DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA KEMP | CHAIR/DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE HUBBARD | CLERK/DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD ROVNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN GOULD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK O'REILLY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLENE MCENTEE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EDDIE FRAZIER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY BUBLY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE BOCZENOWSKI | DIRECTOR (UNTIL 10/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| DARREN TONG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAYA PANDEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL QUINK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DIANE GOULD | PRESIDENT/CEO | 40.00 |
Officer
|
$324,733 | $19,730 | $344,463 |
| JEFFREY KEILSON | SVP | 40.00 |
Officer
|
$254,943 | $13,148 | $268,091 |
| ANNE PARKER | SVP | 40.00 |
Officer
|
$245,520 | $9,108 | $254,628 |
| REGINA MARSHALL | EVP & COO | 40.00 |
Officer
|
$299,664 | $13,000 | $312,664 |
| KEITH NEAL | EVP & CFO | 40.00 |
Officer
|
$299,664 | $26,000 | $325,664 |
| MARK VIRON | CMO | 40.00 |
Officer
|
$319,747 | $1,763 | $321,510 |
| ROBERT KARR | PSYCHIATRIST | 40.00 |
Highest
|
$236,223 | $36,243 | $272,466 |
| BRENDA SOARES | SVP | 40.00 |
Highest
|
$191,257 | $18,879 | $210,136 |
| ROBERT JOHNSTON | PSYCHIATRIST | 40.00 |
Highest
|
$271,998 | $20,703 | $292,701 |
| KAREN WILLIAMS | SVP | 40.00 |
Highest
|
$203,590 | $6,926 | $210,516 |
| JANINE TAYLOR | SVP & CHRO | 40.00 |
Highest
|
$208,590 | $35,463 | $244,053 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $160,372,498 | $162,514,395 | $81,983,686 | $-2,141,897 |
| 2023 | $147,477,334 | $143,643,827 | $84,337,613 | $3,833,507 |
| 2022 | $134,086,629 | $128,936,045 | $68,889,354 | $5,150,584 |
| 2021 | $121,380,386 | $116,482,726 | $63,185,375 | $4,897,660 |
| 2020 | $110,066,513 | $107,448,357 | $56,331,755 | $2,618,156 |
| 2019 | $101,375,745 | $97,727,439 | $48,812,940 | $3,648,306 |
| 2018 | $89,009,345 | $88,104,004 | $43,443,352 | $905,341 |
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