SOUTH SHORE TRANSFORMATION 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

2014

Legal Domicile

Principal Officer

JOSEPH CARROLL

Phone

7813072962

Tax Period

2019-01-01 to 2019-12-31

SOUTH SHORE TRANSFORMATION INC, founded in 2014, is a small nonprofit that reported $589K in total revenue in fiscal year 2019. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

TO EDUCATE AND ASSIST MEN AND WOMEN AND THEIR FAMILIES ON THE SUBJECT OF RECOVERY FROM DRUG ADDICTION AND ALCOHOLISM AND THE TRANSFORMATION INTO PRODUCTIVE MEMBERS OF SOCIETY.

Program Service Accomplishments

Program 1

Expenses: $526,572 Revenue: $588,671

TO PROVIDE DRUG ADDICTION AND ALCOHOLISM COUNSELING.

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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 (2019)

Revenue Breakdown

Contributions & Grants $16,657

Program Service Revenue $572,014

Investment Income $0

Other Revenue $0

TOTAL REVENUE $588,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $316,006

Fundraising Expenses $5,733

Program Expenses $526,572

Other Expenses $302,539

TOTAL EXPENSES $618,545

Year-over-Year Comparison

	2019	2018	Change
Revenue	$588,671	$483,096	+0.2%
Expenses	$618,545	$454,589	+0.4%
Net Income	$-29,874	$28,507	-2.0%

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

$164,100

Total Directors

$90,561

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA HUSSEY	DIRECTOR	40.00	Director	$58,973	$0	$58,973
JEFFREY CHASEN	DIRECTOR	40.00	Director	$31,588	$0	$31,588
THOMAS J REILLY	PRESIDENT & DIRECTOR	40.00	Officer	$54,700	$0	$54,700
JOSEPH CARROLL	TREASURER & DIRECTOR	40.00	Officer	$54,700	$0	$54,700
MICHEAL GOEDICKE	CLERK & DIRECTOR	40.00	Officer	$54,700	$0	$54,700

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
2019	$588,671	$618,545	$124,338	$-29,874
2018	$483,096	$454,589	$109,343	$28,507