FAVOR INC

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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

2002

Legal Domicile

Principal Officer

JENNY BRIDGES

Phone

8605633232

Tax Period

2022-07-01 to 2023-06-30

FAVOR INC, founded in 2002, is a community nonprofit in the Mental Health sector that reported $2.4M in total revenue in fiscal year 2022.

Mission

FAVOR IS THE CONNECTICUT STATE ORGANIZATION OF THE NATIONAL FEDERATION OF FAMILIES FOR CHILDREN'S MENTAL HEALTH, PROVIDING DIRECT PEER SUPPORT SERVICES AND TRAINING TO FAMILIES WHO HAVE CHILDREN WITH MENTAL AND BEHAVIORAL HEALTH CHALLENGES AND WORKING WITH STATE AGENCIES AND SERVICE PROVIDERS TO CREATE A UNIFIED SYSTEM OF CARE THAT IS RESPONSIVE AND INCLUSIVE OF THE DIVERSITY OF FAMILIES ACROSS THE STATE.

Program Service Accomplishments

Program 1

Expenses: $1,539,392

FAVOR PROVIDES ONGOING TRAINING, ADVOCACY, AND TECHNICAL ASSISTANCE THROUGH ITS FAMILIY SYSTEMS MANAGEMENT, FAMILY PEER SUPPORT AND MEDICAL HOME PROGRAMS THAT TOUCH OVER 5,000 FAMILIES PER YEAR...

FAVOR PROVIDES ONGOING TRAINING, ADVOCACY, AND TECHNICAL ASSISTANCE THROUGH ITS FAMILIY SYSTEMS MANAGEMENT, FAMILY PEER SUPPORT AND MEDICAL HOME PROGRAMS THAT TOUCH OVER 5,000 FAMILIES PER YEAR. WORKING WITH AN EXTENSIVE NETWORK OF INDIVIDUALS, FAMILIES, SERVICE PROVIDERS, EDUCATIONAL INSTITUTIONS, MEDICAL PROFESSIONALS, AND LEGISLATORS, FAVOR DEVELOPS FAMILY LEADERS WHO WORK TO IMPROVE CHILDREN'S MENTAL HEALTH SERVICE DELIVERY IN THEIR COMMUNITIES AND ACROSS THE STATE.

Program 2

Expenses: $307,879

FAVOR'S FAMILY PEER SUPPORT SPECIALIST PROVIDE DIRECTOR SERVICES TO OVER 500 FAMILIES ANNUALLY. USING A WRAPAROUND APPROACH, THEY WORK WITH FAMILIES TO HELP THEM LEARN TO WORK EFFECTIVELY WITH...

FAVOR'S FAMILY PEER SUPPORT SPECIALIST PROVIDE DIRECTOR SERVICES TO OVER 500 FAMILIES ANNUALLY. USING A WRAPAROUND APPROACH, THEY WORK WITH FAMILIES TO HELP THEM LEARN TO WORK EFFECTIVELY WITH SCHOOLS AND OTHER SERVICE PROVIDERS SO THAT THEY CAN LEARN TO NAVIGATE SERVICE SYSTEMS AND OBTAIN SERVICES THAT THE CHILDREN WITH MENTAL AND BEHAVIORAL HEALTH CHALLENGES NEED TO SUCCEED IN LIFE.

Program 3

Expenses: $205,252

FAVOR COORDINATES TWO OF THE THREE FEDERALLY MANDATED CITIZEN REVIEW PANELS WITH FUNDING FROM THE DEPARTMENT OF CHILDREN AND FAMILIES. CITIZENS ARE RECRUITED TO REVIEW CHILD WELFARE POLICY AND...

FAVOR COORDINATES TWO OF THE THREE FEDERALLY MANDATED CITIZEN REVIEW PANELS WITH FUNDING FROM THE DEPARTMENT OF CHILDREN AND FAMILIES. CITIZENS ARE RECRUITED TO REVIEW CHILD WELFARE POLICY AND PRACTICE AND MAKE RECOMMENDATIONS TO THE COMMISSIONER ABOUT HOW TO IMPROVE CHILD PROTECTIVE SERVICES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,388,725

Program Service Revenue $0

Investment Income $12

Other Revenue $7,504

TOTAL REVENUE $2,396,241

Expense Breakdown

Grants Paid $184,760

Salaries & Benefits $1,682,283

Fundraising Expenses $0

Program Expenses $2,052,523

Other Expenses $521,583

TOTAL EXPENSES $2,388,626

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,396,241	$2,371,840	+0.0%
Expenses	$2,388,626	$2,366,128	+0.0%
Net Income	$7,615	$5,712	+0.3%

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

$85,915

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID PORTEOUS	CHAIR	1.00	Officer Director	$0	$0	$0
PENELOPE PETZOLD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SPRING RAYMOND	TREASURER	1.00	Officer Director	$0	$0	$0
ALDWIN THOMAS ALLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDRE SPENCE	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSELYN ROZ PACE	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL MIKE WHILBY	BOARD MEMBER	1.00	Director	$0	$0	$0
BERESFORD WILSON	EXECUTIVE DIRECTOR	40.00	Officer	$85,915	$0	$85,915

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	No data	No data	No data	No data
2023	$2,396,241	$2,388,626	$462,843	$7,615
2022	$2,371,840	$2,366,128	$428,029	$5,712
2021	$2,174,321	$2,164,053	$662,965	$10,268
2020	$2,090,657	$2,063,048	$620,438	$27,609
2019	$2,085,242	$2,062,947	$503,834	$22,295
2018	$2,355,485	$2,332,620	$340,961	$22,865