THE MAIN PLACE

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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

2000

Legal Domicile

Principal Officer

CARY LOUGHMAN

Phone

7403456874

Tax Period

2024-07-01 to 2025-06-30

THE MAIN PLACE, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024.

Mission

THE MAIN PLACE, INC. IS A CONSUMER-OPERATED MENTAL HEALTH RECOVERY CENTER THAT PROMOTES RECOVERY THROUGH PEER SUPPORT, SOCIALIZATION, EDUCATION AND TRAINING. BY WORKING TOGETHER, CONSUMERS BUILD BETTER LIVES FOR THEMSELVES, GAIN EMPLOYMENT, MAINTAIN INDEPENDENCE AND EARN ACCEPTANCE WITHIN THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $825,497

PEER SERVICES: THIS PROGRAM PROVIDES INDIVIDUAL OR GROUP INTERACTIONS CONDUCTED BY PERSONS RECEIVING SERVICES, PERSONS WHO HAVE RECEIVED SERVICES, OR THEIR FAMILIES OR SIGNIFICANT OTHERS, FOR THE...

PEER SERVICES: THIS PROGRAM PROVIDES INDIVIDUAL OR GROUP INTERACTIONS CONDUCTED BY PERSONS RECEIVING SERVICES, PERSONS WHO HAVE RECEIVED SERVICES, OR THEIR FAMILIES OR SIGNIFICANT OTHERS, FOR THE PURPOSE OF PROVIDING EMOTIONAL SUPPORT AND UNDERSTANDING, SHARING EXPERIENCES IN COPING WITH PROBLEMS, AND DEVELOPING A NETWORK OF PEOPLE THAT PROVIDES ONGOING SUPPORT OUTSIDE THE FORMAL MENTAL HEALTH SERVICE SYSTEM.

Program 2

Expenses: $390,759 Revenue: $140,328

HOUSING: TO PROVIDE HOUSING AND HOUSING SUPPORT TO ADULTS EXPERIENCING SERIOUS AND PERSISTENT MENTAL ILLNESS WHOSE ABILITY TO GET AND MAINTAIN HOUSING HAS BEEN DISRUPTED BY THEIR DISABILITY, AND WHO...

Program 3

Expenses: $230,509 Revenue: $1,646,816

COMMUNITY SUPPORTIVE TREATMENT: TO PROVIDE SPECIFIC, MEASURABLE AND INDIVIDUALIZED SERVICES TO EACH PERSON SERVED. THESE SERVICES SHOULD BE FOCUSED ON THE INDIVIDUAL'S ABILITY TO SUCCEED IN THE...

COMMUNITY SUPPORTIVE TREATMENT: TO PROVIDE SPECIFIC, MEASURABLE AND INDIVIDUALIZED SERVICES TO EACH PERSON SERVED. THESE SERVICES SHOULD BE FOCUSED ON THE INDIVIDUAL'S ABILITY TO SUCCEED IN THE COMMUNITY, TO IDENTIFY AND ACCESS NEEDED SERVICES AND TO SHOW IMPROVEMENT IN SCHOOL, WORK AND FAMILY AND INTEGRATION AND CONTRIBUTIONS WITHIN THE COMMUNITY.

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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 $148,685

Program Service Revenue $1,784,847

Investment Income $10,451

Other Revenue $5,812

TOTAL REVENUE $1,949,795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,369,651

Fundraising Expenses $70,488

Program Expenses $1,532,081

Other Expenses $688,979

TOTAL EXPENSES $2,058,630

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,949,795	$1,970,326	0.0%
Expenses	$2,058,630	$1,896,666	+0.1%
Net Income	$-108,835	$73,660	-2.5%

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

$131,798

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISABELLE NEISWANDER	PRESIDENT	0.00	Officer Director	$0	$0	$0
EMMA BROWN	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
PEGGY SETTLES	SECRETARY	0.00	Officer Director	$0	$0	$0
DESIREE BLAKE	DIRECTOR	0.00	Director	$0	$0	$0
LIZ BECK	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS REZOS	DIRECTOR	0.00	Director	$0	$0	$0
SUSAN CHALFANT	DIRECTOR	0.00	Director	$0	$0	$0
STACY BECK-TAYLOR	DIRECTOR	0.00	Director	$0	$0	$0
JAMES DURANT	DIRECTOR	0.00	Director	$0	$0	$0
CARY LOUGHMAN	EXECUTIVE DIRECTOR	40.00	Officer	$108,276	$23,522	$131,798
TONY CUNNINGHAM	HOUSING DIRECTOR	55.00	Highest	$101,360	$20,254	$121,614
ALEXA WENTE	PEER SUPPORT DIRECTOR	60.00	Highest	$101,585	$13,559	$115,144

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	$1,949,795	$2,058,630	$2,334,554	$-108,835
2024	$1,970,326	$1,896,666	$2,440,870	$73,660
2023	$1,938,826	$1,797,386	$2,457,730	$141,440
2022	$1,662,011	$1,616,914	$2,365,318	$45,097
2021	$1,497,883	$1,429,201	$2,496,554	$68,682
2020	$1,354,285	$1,327,330	$2,469,211	$26,955
2019	$1,227,661	$1,322,019	$2,539,535	$-94,358
2018	$1,379,469	$1,339,763	$2,476,652	$39,706