PHS Commissioned Officers Foundation for the

EIN: 522258463 501(c)(3) Education

Hyattsville, MD

Total Revenue
$273,391
Total Expenses
$1,258,127
Total Assets
$5,625,553
Net Assets
$5,074,991
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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
2000
Legal Domicile
MD
Principal Officer
Jacqueline Rychnovsky
Phone
3017319080
Tax Period
2024-07-01 to 2025-06-30

PHS Commissioned Officers Foundation for the, founded in 2000, is a small nonprofit in the Education sector that reported $273K in total revenue in fiscal year 2024. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 360% operating deficit.

Mission

Building leadership in public health through advocacy, education, research partnership and program support.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $124,117
Program Service Revenue $15,821
Investment Income $133,453
Other Revenue $0
TOTAL REVENUE $273,391

Expense Breakdown

Grants Paid $129,605
Salaries & Benefits $0
Fundraising Expenses $34,028
Program Expenses $1,015,392
Other Expenses $1,128,522
TOTAL EXPENSES $1,258,127

Year-over-Year Comparison

2024 2023 Change
Revenue $273,391 $1,255,129 -0.8%
Expenses $1,258,127 $1,764,796 -0.3%
Net Income $-984,736 $-509,667 +0.9%
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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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
40

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
5
$223,074
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jacqueline Rychnovsky Executive Director 20.00
Officer
$0 $18,281 $223,074
James Imholte Member 1.00
Director
$0 $0 $0
Holly Williams Member 1.00
Director
$0 $0 $0
Michelle Dunwoody Member 1.00
Director
$0 $0 $0
Aaron Middlekauff Member 1.00
Director
$0 $0 $0
Daniel Beck Member 1.00
Director
$0 $0 $0
Paul Seligman Member 1.00
Director
$0 $0 $0
Tine Hansen-Turton Member 1.00
Director
$0 $0 $0
Margaret Riggs Member 1.00
Director
$0 $0 $0
Harlem Gunness Member 1.00
Director
$0 $0 $0
David Goldman Member 1.00
Director
$0 $0 $0
Terrell Hoffeld Member 1.00
Director
$0 $0 $0
Karen Watkins Treasurer 1.00
Officer Director
$0 $0 $0
Kerry Paige Nesseler Chair 1.00
Officer Director
$0 $0 $0
Steven Solomon Chair-Elect 1.00
Officer Director
$0 $0 $0
Eugene Migliaccio Past Chair 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 $273,391 $1,258,127 $5,625,553 $-984,736
2024 $1,255,129 $1,764,796 $6,088,886 $-509,667
2023 $940,193 $1,666,683 $6,184,554 $-726,490
2022 $932,592 $1,701,305 $6,068,550 $-768,713
2021 $213,835 $656,407 $8,063,508 $-442,572
2020 $308,338 $719,397 $6,776,589 $-411,059
2019 $936,238 $1,094,863 $6,719,657 $-158,625
2018 $5,487,816 $890,634 $6,568,724 $4,597,182
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