SOCIAL SERVICES NETWORK INC

🔒

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

2010

Legal Domicile

Principal Officer

CHARLES CLIFFORD

Phone

5088971230

Tax Period

2024-07-01 to 2025-06-30

SOCIAL SERVICES NETWORK INC, founded in 2010, is a community nonprofit in the Human Services sector that reported $4.4M in total revenue in fiscal year 2024. Revenue surged 263% from the prior year, signaling strong growth momentum. Expenses of $4.3M left a modest 4% surplus.

Mission

TO PROVIDE SOCIAL SERVICES AND TREATMENT TO UNDERSERVED AND ECONOMICALLY DISADVANTAGED INDIVIDUALS AND FAMILIES IN THE COMMONWEALTH OF MASSACHUSETTS.

Program Service Accomplishments

Program 1

Expenses: $4,272,659

SOCIAL SERVICES NETWORK, INC. (SSN) PROVIDES SOCIAL SERVICES AND TREATMENT TO UNDERSERVED AND ECONOMICALLY DISADVANTAGED INDIVIDUALS AND FAMILIES IN THE COMMONWEALTH OF MASSACHUSETTS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $4,436,910

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,436,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,971,170

Fundraising Expenses $0

Program Expenses $4,272,659

Other Expenses $1,301,489

TOTAL EXPENSES $4,272,659

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,436,910	$1,221,240	+2.6%
Expenses	$4,272,659	$1,162,233	+2.7%
Net Income	$164,251	$59,007	+1.8%

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

N/A

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

$1,371,212

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM ROSA	PRESIDENT	2.50	Officer Director	$0	$0	$0
JOHN F CREEDON	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT SPENCER	CLERK	1.00	Officer Director	$0	$0	$0
THOMAS THIBEAULT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID FRENETTE	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES CLIFFORD	PRESIDENT, CEO	0.50	Officer	$0	$40,437	$455,925
KENNETH KLIER	EXECUTIVE VP, COO (UNTIL 4/25)	0.50	Officer	$0	$28,163	$307,758
DONNA J DESMOND	EXECUTIVE VP, CFO (UNTIL 9/24)	0.50	Officer	$0	$21,784	$231,164
LEANNE MELTO	SVP-CFO	0.50	Officer	$0	$37,398	$212,005
KATIE SCOTT	SVP SOCIAL SERVICE ENTERPRISE	0.50	Officer	$0	$32,587	$164,360

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	$4,436,910	$4,272,659	$2,028,684	$164,251
2024	$1,221,240	$1,162,233	$322,159	$59,007
2023	$933,687	$930,806	$493,235	$2,881
2022	$812,414	$742,256	$315,700	$70,158
2021	$891,245	$879,311	$167,779	$11,934
2020	$990,137	$986,851	$346,451	$3,286
2019	$423,274	$423,278	$428,009	$-4