Philio Inc dba New Concepts (EIN 341759979) - 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

1994

Legal Domicile

Principal Officer

Janice Edwards

Tax Period

2021-07-01 to 2022-06-30

Philio Inc dba New Concepts, founded in 1994, is a community nonprofit in the Mental Health sector that reported $4.1M in total revenue in fiscal year 2021. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $3.9M left a modest 5% surplus.

Mission

To embrace equip and empower

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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 (2021)

Revenue Breakdown

Contributions & Grants $1,609,675

Program Service Revenue $2,475,709

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,085,384

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,188,277

Fundraising Expenses $0

Program Expenses $3,682,668

Other Expenses $1,693,555

TOTAL EXPENSES $3,881,832

Year-over-Year Comparison

	2021	2020	Change
Revenue	$4,085,384	$3,285,213	+0.2%
Expenses	$3,881,832	$3,320,916	+0.2%
Net Income	$203,552	$-35,703	-6.7%

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

N/A

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

$178,930

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janice Edwards	Executive Dire	50	Key Emp	$178,930	$0	$178,930
S Tisdale	President	4	Officer Director	$0	$0	$0
S Boyd	Member	2	Officer Director	$0	$0	$0
J Roberson	Treasurer	4	Officer Director	$0	$0	$0
M Holt	Member	2	Director	$0	$0	$0
D Neely	Member	2	Director	$0	$0	$0
L Reid	Member	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
2022	$4,085,384	$3,881,832	$1,686,984	$203,552
2021	$3,285,213	$3,320,916	$960,470	$-35,703
2020	$3,070,632	$2,986,862	$1,284,448	$83,770
2019	$2,888,715	$2,755,568	$431,887	$133,147

Philio Inc dba New Concepts