Survivors of Suicide 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

1998

Legal Domicile

Phone

9897815260

Tax Period

2023-01-01 to 2023-12-31

Survivors of Suicide Inc, founded in 1998, is a small nonprofit in the Mental Health sector that reported $337K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $398K exceeded revenue, resulting in a 18% operating deficit.

Mission

To prevent suicide through education, advocacy, connection to resources, and support for those impacted by suicide.

Program Service Accomplishments

Program 1

Expenses: $284,656 Revenue: $97,969

Delivered 100 suicide prevention trainings and hosted suicide awareness events to over 16,000 people. These events were held throughout the state of Michigan training healthcare providers, students, educators, first responders and the community at large. The Network answered over 500 calls to assist the callers in navigating resources for mental health care or in support of their grief. Our postvention activities included bi-monthly survivors of suicide loss support group meetings, LOSS (local outreach for survivors of suicide) phone support, debriefing following a suicide in a workplace/school and hosting an annual event "Hope Starts Here" supporting over 2,000 survivors of suicide loss in 2023.

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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 (2023)

Revenue Breakdown

Contributions & Grants $208,557

Program Service Revenue $97,969

Investment Income $2,067

Other Revenue $28,048

TOTAL REVENUE $336,641

Expense Breakdown

Grants Paid $0

Salaries & Benefits $205,807

Fundraising Expenses $18,568

Program Expenses $284,656

Other Expenses $192,411

TOTAL EXPENSES $398,218

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,641	$361,366	-0.1%
Expenses	$398,218	$374,694	+0.1%
Net Income	$-61,577	$-13,328	+3.6%

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

$92,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barb Smith	President	40.00	Officer	$92,000	$0	$92,000
Craig Voorheis	Chairman	1.50	Officer Director	$0	$0	$0
Greg Dorrien	Director	1.50	Officer Director	$0	$0	$0
Dr Donald Steele	Director	1.50	Director	$0	$0	$0
Lisa Sullivan	Secretary	1.50	Officer Director	$0	$0	$0
Jenean Coughlin	Director	1.50	Director	$0	$0	$0
Julie Hart	Director	1.50	Director	$0	$0	$0
Jacqueline List	Director	1.50	Director	$0	$0	$0
Joan Cramer	Director	1.50	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	No data	No data	No data	No data
2023	$336,641	$398,218	$507,537	$-61,577
2022	$361,366	$374,694	$561,499	$-13,328
2021	$467,022	$419,586	$572,721	$47,436
2020	$395,795	$309,125	$491,429	$86,670
2019	$151,262	$272,999	$385,718	$-121,737
2018	$373,369	$264,916	$506,067	$108,453