THE THERAPY PLACE INC (EIN 262197304) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

Dawn Darby

Phone

8037873033

Tax Period

2023-07-01 to 2024-06-30

THE THERAPY PLACE INC, founded in 2009, is a community nonprofit in the Youth Development sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $389K, a strong 17% operating margin.

Mission

To provide traditional and innovative therapies and recreational opportunities for special needs children in an environment that is family-friendly, to include resources and education for the parents/caregivers.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,052,141

Program Service Revenue $1,207,002

Investment Income $0

Other Revenue $429

TOTAL REVENUE $2,259,572

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,582,632

Fundraising Expenses $0

Program Expenses $1,544,612

Other Expenses $288,237

TOTAL EXPENSES $1,870,869

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,259,572	$1,483,952	+0.5%
Expenses	$1,870,869	$1,514,442	+0.2%
Net Income	$388,703	$-30,490	-13.7%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

$87,370

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dawn Darby	Executive Director	40	Key Emp	$87,370	$0	$87,370
Heather McDonald	President	2	Officer Director	$0	$0	$0
Charles Foster	Vice President	2	Officer Director	$0	$0	$0
Adam Odom	Treasurer	2	Officer Director	$0	$0	$0
Liza Morris	Secretary	2	Officer Director	$0	$0	$0
Ginger Ervin	Director	2	Director	$0	$0	$0
Alex Sturgis	Director	2	Director	$0	$0	$0
Carlynn Cary	Director	2	Director	$0	$0	$0
Jack Oliver	Director	2	Director	$0	$0	$0
Carolina Stomski	Director	2	Director	$0	$0	$0
Steven Ferrufino	Director	2	Director	$0	$0	$0
Virginia Boland	Director	2	Director	$0	$0	$0
Carla Harkness	Director	2	Director	$0	$0	$0
Sierra Artemus	Director	2	Director	$0	$0	$0
Mee-Jean Sasine	Director	2	Director	$0	$0	$0
Faye Kuperman	Director	2	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	$2,259,572	$1,870,869	$1,254,223	$388,703
2023	$1,483,952	$1,514,442	$601,547	$-30,490
2022	$1,417,353	$1,250,587	$744,291	$166,766
2021	$1,011,558	$1,088,400	$603,460	$-76,842

THE THERAPY PLACE INC