FOUNDATION FOR CONTEMPORARY MENTAL HEALTH (EIN 520880522) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1967

Legal Domicile

Principal Officer

DR HOWARD HOFFMAN

Phone

2022967100

Tax Period

2022-01-01 to 2022-12-31

FOUNDATION FOR CONTEMPORARY MENTAL HEALTH, founded in 1967, is a small nonprofit that reported $358K in total revenue in fiscal year 2022. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 448% operating deficit.

Mission

TO PROVIDE SUBSTANCE ABUSE TREATMENT AND EDUCATION IN THE WASHINGTON METROPOLITAN AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $105,016

Investment Income $0

Other Revenue $252,561

TOTAL REVENUE $357,577

Expense Breakdown

Grants Paid $1,570,000

Salaries & Benefits $217,650

Fundraising Expenses $0

Program Expenses $1,790,634

Other Expenses $172,460

TOTAL EXPENSES $1,960,110

Year-over-Year Comparison

	2022	2021	Change
Revenue	$357,577	$2,095,055	-0.8%
Expenses	$1,960,110	$1,175,341	+0.7%
Net Income	$-1,602,533	$919,714	-2.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$216,000

Total Directors

$144,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR HOWARD HOFFMAN	PRESIDENT/CEO	40.00	Officer Director	$144,000	$0	$144,000
JOSHUA MUSS	SECRETARY	1.00	Officer Director	$0	$0	$0
FRANCINE LEVINSON	TREASURER	1.00	Officer Director	$0	$0	$0
CECELIA SCORAH	DIRECTOR	1.00	Director	$0	$0	$0
BRAD SPENCER	DIRECTOR	1.00	Director	$0	$0	$0
AUDREY CANNAMELA	EXECUTIVE DIRECTOR	40.00	Officer	$72,000	$0	$72,000

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
2022	$357,577	$1,960,110	$259,214	$-1,602,533
2021	$2,095,055	$1,175,341	$1,862,366	$919,714
2020	$3,950,479	$4,143,786	$1,524,794	$-193,307
2019	$4,008,593	$4,286,174	$1,370,322	$-277,581
2018	$4,271,805	$4,678,324	$1,562,111	$-406,519

FOUNDATION FOR CONTEMPORARY MENTAL HEALTH