JOURNEY FOUND 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

2013

Legal Domicile

Principal Officer

TRACEY WALKER

Phone

8606439844

Tax Period

2022-07-01 to 2023-06-30

JOURNEY FOUND INC, founded in 2013, is a mid-sized nonprofit in the Housing & Shelter sector that reported $16.9M in total revenue in fiscal year 2022.

Mission

THE MISSION OF JOURNEY FOUND, INC. IS TO ENABLE EACH INDIVIDUAL TO BECOME ALL THEY ARE CAPABLE OF BEING.

Program Service Accomplishments

Program 1

Expenses: $14,422,429 Revenue: $16,366,834

THE ORGANIZATION MANAGES INDIVIDUALIZED DAY PROGRAMS FOR INDIVIDUALS WITH SPECIAL NEEDS AND RESIDENTIAL FACILITIES IN NORTHCENTRAL AND SOUTHEASTERN CONNECTICUT. THE ORGANIZATION ALSO MANAGES IN-HOME...

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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 $181,059

Program Service Revenue $16,366,834

Investment Income $110,027

Other Revenue $258,806

TOTAL REVENUE $16,916,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,865,915

Fundraising Expenses $97,996

Program Expenses $14,422,429

Other Expenses $2,816,077

TOTAL EXPENSES $16,681,992

Year-over-Year Comparison

	2022	2021	Change
Revenue	$16,916,726	$16,713,110	+0.0%
Expenses	$16,681,992	$15,739,141	+0.1%
Net Income	$234,734	$973,969	-0.8%

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

378

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

$474,488

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACEY WALKER	CEO	40.00	Officer	$165,700	$19,872	$185,572
MARK PERKINS	COO	40.00	Officer	$114,650	$26,258	$140,908
PATRICIA LORD	PART YEAR CF	40.00	Officer	$82,145	$14,527	$96,672
RHOAN SCARLETT	PART YEAR CF	40.00	Officer	$41,039	$10,297	$51,336
LORRIE HIGGINS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN PRICE	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP MONTGOMERY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER PARADISO	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIE CARPINO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL ALQUIST	DIRECTOR	1.00	Director	$0	$0	$0
ROSANNE CRAEMER SHEA	DIRECTOR	1.00	Director	$0	$0	$0
JANET STICE	DIRECTOR	1.00	Director	$0	$0	$0
LIZA RAMACHANDRAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL KEENAN	DIRECTOR	1.00	Director	$0	$0	$0
ANN GRABOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
LARRY STOVALL III	CHAIR	1.00	Officer Director	$0	$0	$0
PIERRE WICKER	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT CAPPELLUCCI	TREASURER	1.00	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$16,916,726	$16,681,992	$6,814,522	$234,734
2022	$14,862,860	$15,924,151	$4,707,423	$-1,061,291
2021	$16,879,754	$15,779,898	$6,031,928	$1,099,856
2020	$15,575,437	$15,424,022	$6,241,249	$151,415
2019	$13,565,272	$13,863,410	$3,719,027	$-298,138
2018	$13,063,584	$12,960,520	$3,508,701	$103,064