Nevins 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

1959

Legal Domicile

Principal Officer

Davan Cloninger

Phone

7045961372

Tax Period

2024-07-01 to 2025-06-30

Nevins Inc, founded in 1959, is a community nonprofit in the Employment sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

Provide vocational training and employment opportunities to individuals with developmental disabilities to achieve their fullest potential.

Program Service Accomplishments

Program 1

Expenses: $1,070,554

Innovations 1915 B1 Waiver/CAP Medicaid; B3 Alternative Employment TrainingCommunity Alternatives Program (CAP) Innovations Waiver: A special Medicaid program to serve individuals who otherwise...

Innovations 1915 B1 Waiver/CAP Medicaid; B3 Alternative Employment TrainingCommunity Alternatives Program (CAP) Innovations Waiver: A special Medicaid program to serve individuals who otherwise require care in an immediate care facility for people with developmental disabilities. Services include Individual and Group Day Supports, Supported Employment, Respite and Personal Care.

Program 2

Expenses: $540,838

Abilities and Possibilities: Private pay, skill based programs designed to give individuals with developmental disabilities and other related impairments opportunities to participate in community and site based activities and provide additional supervision and structured activities during the day.

Program 3

Expenses: $183,455

Employment Group: A private contract to provide a group of individuals with developmental disabilities the opportunity to work in an integrated work environment.

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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 $34,302

Program Service Revenue $1,966,404

Investment Income $54,331

Other Revenue $0

TOTAL REVENUE $2,055,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,649,573

Fundraising Expenses $76,081

Program Expenses $1,794,847

Other Expenses $595,763

TOTAL EXPENSES $2,245,336

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,055,037	$1,825,155	+0.1%
Expenses	$2,245,336	$2,043,429	+0.1%
Net Income	$-190,299	$-218,274	-0.1%

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

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

$139,853

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Davan Cloninger	Executive Dir.	40.00	Officer	$127,362	$12,491	$139,853
Jade Boling	Vice Chair	1.00	Officer Director	$0	$0	$0
Jason Evans	Director	1.00	Director	$0	$0	$0
Kathleen Zicari	Secretary	1.00	Officer Director	$0	$0	$0
Tracey Suggs	Director	1.00	Director	$0	$0	$0
Greg Brown	Chair	1.00	Officer Director	$0	$0	$0
Skip Tappy	Director	1.00	Director	$0	$0	$0
Crecia Keller	Director	1.00	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	$2,055,037	$2,245,336	$1,536,748	$-190,299
2024	$1,825,155	$2,043,429	$1,727,327	$-218,274
2023	$1,750,150	$2,033,587	$1,960,169	$-283,437
2022	$2,081,115	$1,860,749	$2,202,348	$220,366
2021	$2,121,096	$1,744,795	$2,345,068	$376,301
2020	$2,108,336	$2,207,189	$1,898,838	$-98,853
2019	$2,237,130	$2,327,134	$1,845,739	$-90,004