BLUE WATER MENTAL HEALTH CLINIC (EIN 381518941) - Form 990 Financial Analysis & Trantor Score

🔒

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

1950

Legal Domicile

Principal Officer

MICHAEL DUFFY JR

Phone

8109855125

Tax Period

2023-01-01 to 2023-12-31

BLUE WATER MENTAL HEALTH CLINIC, founded in 1950, is a community nonprofit in the Mental Health sector that reported $2.8M in total revenue in fiscal year 2023.

Mission

TO PROVIDE MENTAL HEALTH COUNSELING SERVICES FOR INDIVIDUALS OF ALL AGES

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $2,743,171

Investment Income $0

Other Revenue $9,062

TOTAL REVENUE $2,802,233

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,407,175

Fundraising Expenses $0

Program Expenses $2,471,600

Other Expenses $449,450

TOTAL EXPENSES $2,856,625

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,802,233	$2,705,247	+0.0%
Expenses	$2,856,625	$2,545,897	+0.1%
Net Income	$-54,392	$159,350	-1.3%

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

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

$210,390

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR NIGAR HUSSAIN	DIRECTOR	1.00	Director	$0	$0	$0
KELLY SHAW	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS GODWIN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES CURRIER	PRESIDENT	1.00	Officer	$0	$0	$0
JIM JONES	VICE - PRESIDENT	1.00	Officer	$0	$0	$0
JEFF WINE	SECRETARY	1.00	Officer	$0	$0	$0
LINDA MCGRATH	TREASURER	1.00	Officer	$0	$0	$0
MICHAEL DUFFY JR	EXECUTIVE DIRECTOR	40.00	Officer	$210,390	$0	$210,390
JENNIFER HORBES	CLINICAL PSYCHOLOGIST	40.00	Highest	$120,758	$3,242	$124,000
AMY FABICK	CLINICAL SOCIAL WORKER	40.00	Highest	$118,939	$812	$119,751
ANNA MACLEOD	PHYSICIAN ASSISTANT	40.00	Highest	$114,633	$0	$114,633

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	No data	No data	No data	No data
2023	$2,802,233	$2,856,625	$1,048,307	$-54,392
2022	$2,705,247	$2,545,897	$1,108,801	$159,350
2021	$2,918,609	$2,447,140	$929,051	$471,469
2020	$2,643,156	$2,359,770	$974,655	$283,386
2019	$2,195,476	$2,246,251	$270,908	$-50,775
2018	$2,233,175	$2,194,358	$294,455	$38,817

BLUE WATER MENTAL HEALTH CLINIC