SPECIALIZED ALTERNATIVES FOR FAMIL… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

WILLIAM MATT

Phone

3342703181

Tax Period

2024-01-01 to 2024-12-31

SPECIALIZED ALTERNATIVES FOR FAMILIES & YOUTH OF ALABAMA INC, founded in 2010, is a community nonprofit in the Mental Health sector that reported $5.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

AT SAFY, OUR VISION IS TO CREATE THRIVING FAMILIES AND COMMUNITIES WHERE EVERY INDIVIDUAL, REGARDLESS OF BACKGROUND OR CIRCUMSTANCE, CAN REACH THEIR FULL POTENTIAL.

Program Service Accomplishments

Program 1

Expenses: $3,607,038 Revenue: $4,408,651

SAFY OF ALABAMA PROVIDES THERAPEUTIC/TREATMENT FOSTER CARE TO CHILDREN WHO EXPERIENCE TRAUMA AND ARE REMOVED FROM FAMILY VIA COURT ACTION. SAFY RECRUITS AND TRAINS FOSTER FAMILIES TO PROVIDE SAFE AND STABLE ENVIRONMENTS WHILE ADDRESSING THE EMOTIONAL AND BEHAVIORAL NEEDS OF THE CHILD AND MAKE POSITIVE CHANGES IN THEIR LIVES. OUR OVERALL GOAL IS TO ASSIST CHILDREN ACHIEVE PERMANANCY.

Program 2

Expenses: $1,230,543 Revenue: $1,138,720

EMPOWERING FAMILIES - SAFY OF ALABAMA'S FAMILY PRESERVATION SERVICES PROVIDES INTENSIVE IN-HOME SERVICES TO FAMILIES IN THE HUNTSVILLE, BIRMINGHAM, MONTGOMERY, AND MOBILE AREAS. THE PURPOSE OF THESE SERVICES IS TO PROVIDE CASE MANAGEMENT AND MENTAL HEALTH COUNSELING TO YOUTH AND FAMILIES IN ORDER TO PRESERVE THOSE FAMILIES OR REUNIFY THE YOUTH BACK INTO THE FAMILY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $212,361

Program Service Revenue $5,453,661

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,666,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,949,748

Fundraising Expenses $0

Program Expenses $4,837,581

Other Expenses $2,712,939

TOTAL EXPENSES $5,662,687

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,666,022	$4,978,476	+0.1%
Expenses	$5,662,687	$5,014,527	+0.1%
Net Income	$3,335	$-36,051	-1.1%

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

$1,408,180

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM MATT	PRESIDENT &	1.00	Officer	$0	$46,635	$422,881
DEMETRIA PARNELL-SCOTT	EXECUTIVE DI	40.00	Officer	$301,715	$19,439	$321,154
NATE LEONHARD	TREASURER	1.00	Officer	$0	$44,690	$306,694
TONYA BROOKS-THOMAS	VICE PRESIDE	1.00	Officer	$0	$8,282	$194,816
AMANDA DONNELLY	SECRETARY	1.00	Officer	$0	$12,373	$162,635
CHARMAINE BRITTAIN	VICE-CHAIR	0.20	Officer Director	$0	$0	$0
JEFFREY A CRAWFORD	DIRECTOR	0.20	Director	$0	$0	$0
ELISABETH B EVENSEN	DIRECTOR	0.20	Director	$0	$0	$0
ANTHONY GRAY	DIRECTOR	0.20	Director	$0	$0	$0
GLORIA HOLLOWAY	DIRECTOR	0.20	Director	$0	$0	$0
RICARDO PERRY	DIRECTOR	0.20	Director	$0	$0	$0
JAMES POZY	CHAIR	0.20	Officer Director	$0	$0	$0
FRANCISCO TORRES	DIRECTOR	0.20	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
2024	$5,666,022	$5,662,687	$767,934	$3,335
2023	$4,978,476	$5,014,527	$860,820	$-36,051
2022	$5,030,192	$4,971,230	$1,027,541	$58,962
2021	$4,809,540	$4,727,757	$500,764	$81,783
2020	$4,846,466	$5,772,254	$459,168	$-925,788
2019	$4,390,429	$3,677,800	$1,298,577	$712,629
2018	$3,378,634	$3,091,154	$545,479	$287,480

SPECIALIZED ALTERNATIVES FOR FAMILIES & YOUTH OF ALABAMA INC