EDGEWATER SYSTEMS FOR BALANCED LIV… - Form 990 Financial Data

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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

1974

Legal Domicile

Principal Officer

DR DANITA JOHNSON-WOODS

Phone

2198854264

Tax Period

2024-07-01 to 2025-06-30

EDGEWATER SYSTEMS FOR BALANCED LIVING INC, founded in 1974, is a mid-sized nonprofit in the Mental Health sector that reported $16.2M in total revenue in fiscal year 2024.

Mission

TO ESTABLISH AND OPERATE A COMPREHENSIVE MENTAL HEALTH SERVICES PROVIDER ORGANIZATION THAT WILL PROVIDE PRIMARY CARE SERVICES AND SERVICES DIRECTED TO THE TREATMENT AND PREVENTION OF MENTAL ILLNESS AND OTHER PSYCHIATRIC DISORDERS.

Program Service Accomplishments

Program 1

Expenses: $10,845,105 Revenue: $5,539,735

THERE ARE FOUR MAJOR SERVICE PROGRAMS AT EDGEWATER SYSTEMS FOR BALANCED LIVING; MEDICAL SERVICES, FAMILY & YOUTH SERVICES, ADDICTION SERVICES AND MENTAL HEALTH SERVICES.MEDICAL SERVICES: THIS PROGRAM PROVIDES IN DEPTH MEDICAL CARE. FAMILY & YOUTH SERVICES: THIS PROGRAM OFFERS DIAGNOSTIC EVALUATION, INDIVIDUAL TREATMENT, FAMILY TREATMENT, AND CONSULTATION. THE PROGRAM COMPONENTS INCLUDE THE OUTPATIENT PROGRAMS.

Program 2

ADDICTION SERVICES: IT INCLUDES NEW INDIVIDUALS AND FAMILIES WITH PROBLEMS RELATING TO AN ADDICTION. THIS PROGRAM PROVIDES HELP TO NEW LIFE CENTER, A METHADONE MAINTENANCE PROGRAM.LONG MENTAL HEALTH SERVICES: THIS PROGRAM PROVIDES COMPREHENSIVE COMMUNITY SUPPORT FOR SERIOUSLY AND PERSISTENTLY MENTALLY ILL PERSONS WHO HAVE HAD A HISTORY OF FREQUENT AND/OR TERM HOSPITALIZATION. IT ALSO CONSISTS OF AN ADULT TERM HOSPITALIZATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,468,440

Program Service Revenue $5,440,993

Investment Income $0

Other Revenue $262,563

TOTAL REVENUE $16,171,996

Expense Breakdown

Grants Paid $1,010

Salaries & Benefits $10,506,281

Fundraising Expenses $0

Program Expenses $10,845,105

Other Expenses $5,643,431

TOTAL EXPENSES $16,150,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,171,996	$16,313,511	0.0%
Expenses	$16,150,722	$13,765,894	+0.2%
Net Income	$21,274	$2,547,617	-1.0%

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

185

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

$613,837

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON JOHNSON-SHIRLEY EDD	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
LONNIE M RANDOLPH SR	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MATTHEW SCHUFFERT	TREASURER	1.00	Officer Director	$0	$0	$0
CAROL J CODY	SECRETARY	1.00	Officer Director	$0	$0	$0
RANDY BOARDEN	MEMBER	1.00	Director	$0	$0	$0
TRACY WILLIAMS	MEMBER	1.00	Director	$0	$0	$0
JEROME L EZELL JD	MEMBER	1.00	Director	$0	$0	$0
BERNARD CARTER	MEMBER	1.00	Director	$0	$0	$0
KARIMA HASEN BEY	MEMBER	1.00	Director	$0	$0	$0
COLLEEN RAMQUIST	MEMBER	1.00	Director	$0	$0	$0
JOSE G VALTIERRA	MEMBER	1.00	Director	$0	$0	$0
ANDRE K ARTIS MD	MEMBER	1.00	Director	$0	$0	$0
DEANNA PRINCE	MEMBER	1.00	Director	$0	$0	$0
LARRY BREWER	MEMBER PARTIAL TERM	1.00	Director	$0	$0	$0
DANITA JOHNSON-WOODS	PRESIDENT/CEO	40.00	Officer	$392,886	$34,143	$427,029
JOSEPH P WINTERHALER	CFO	40.00	Officer	$147,180	$39,628	$186,808
GERRI BROWNING	CMO	37.50	Highest	$300,000	$30,000	$330,000
MARSHALL JAMES	MEDICAL DOCTOR	37.50	Highest	$230,030	$45,926	$275,956
MATHEW CASTELINO	PSYCHIATRIST	37.50	Highest	$212,308	$51,754	$264,062
CHIEDU NCHEKWUBE	OB/GYN	37.50	Highest	$295,168	$20,102	$315,270
DEWNZAR HOWARD-JONES	PSYCHIATRIST	37.50	Highest	$349,500	$0	$349,500

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	$16,171,996	$16,150,722	$9,694,962	$21,274
2024	$16,313,511	$13,765,894	$11,614,084	$2,547,617
2023	$13,866,194	$13,544,593	$8,801,253	$321,601
2022	$15,084,081	$15,533,330	$8,200,078	$-449,249
2021	$14,786,160	$12,929,167	$8,858,430	$1,856,993
2020	$12,866,785	$11,376,173	$8,353,700	$1,490,612
2019	$10,220,096	$11,236,871	$7,154,486	$-1,016,775
2018	$11,941,459	$13,076,522	$7,550,704	$-1,135,063
2018	$12,031,333	$13,118,954	$7,416,571	$-1,087,621

EDGEWATER SYSTEMS FOR BALANCED LIVING INC