ELK INSTITUTE FOR PSYCHOLOGICAL HEALTH (EIN 464359660) - 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

2014

Legal Domicile

Principal Officer

CARRIE A ELK

Phone

8133106686

Tax Period

2023-01-01 to 2023-12-31

ELK INSTITUTE FOR PSYCHOLOGICAL HEALTH, founded in 2014, is a micro nonprofit in the Mental Health sector that reported $76K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE INDIVIDUAL AND GROUP TRAINING, CONSULTATION, TREATMENT, AND CLINICAL RESEARCH SERVICE TO THE MILITARY AND VETERAN 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 (2023)

Revenue Breakdown

Contributions & Grants $75,981

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $75,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,894

Fundraising Expenses $1,592

Program Expenses $70,674

Other Expenses $25,070

TOTAL EXPENSES $76,964

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,981	$72,643	+0.0%
Expenses	$76,964	$65,143	+0.2%
Net Income	$-983	$7,500	-1.1%

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

N/A

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

$51,894

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE A ELK	EXECUTIVE DI	40.00	Officer	$51,894	$0	$51,894
PETER DUFFY	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER GAY	SECRETARY	2.00	Officer	$0	$0	$0
CLAY MOTLEY	VICE PRESIDE	5.00	Officer	$0	$0	$0
RAY SHIDELER	TREASURER	2.00	Officer	$0	$0	$0
RAYMOND STERLING	PRESIDENT	5.00	Officer	$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
2023	$75,981	$76,964	$25,037	$-983
2022	$72,643	$65,143	$26,020	$7,500
2019	$161,325	$132,178	$46,343	$29,147
2018	$114,617	$115,308	$18,749	$-691

ELK INSTITUTE FOR PSYCHOLOGICAL HEALTH