HABILITATION CENTER FOR THE HANDICAPPED INC (EIN 591859543) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

SHERRY HENRY

Tax Period

2023-10-01 to 2024-09-30

HABILITATION CENTER FOR THE HANDICAPPED INC, founded in 1978, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO EQUIP ADULTS WITH SPECIAL NEEDS WITH THE KNOWLEDGE, SKILLS AND BEHAVIOUR NEEDED TO LEAD USEFUL AND PRODUCTIVE LIVES WITH DIGNITY, RESPECT AND INDEPENDENCE. WE SERVE OVER 200 CLIENTS FROM BROWARD AND PALM BEACH COUNTIES, 97% OF WHICH ARE CONSIDERED AT OR BELOW THE POVERTY LEVEL

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,038,053

Program Service Revenue $1,127,820

Investment Income $453,578

Other Revenue $72,849

TOTAL REVENUE $3,692,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,619,757

Fundraising Expenses $0

Program Expenses $2,734,330

Other Expenses $1,120,074

TOTAL EXPENSES $3,739,831

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,692,300	$3,996,326	-0.1%
Expenses	$3,739,831	$4,032,892	-0.1%
Net Income	$-47,531	$-36,566	+0.3%

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

190

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

$487,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL OWEN	CHIEF FINANCIAL OFFICER	40.00	Officer	$133,900	$0	$133,900
SHERRY HENRY	EXECUTIVE DIRECTOR	40.00	Officer	$120,000	$0	$120,000
JOSEPH RENGEN	OPERATIONS MANAGER	40.00	Officer	$116,922	$0	$116,922
PAMELA BROWN	DIRECTOR OF SOCIAL SERVICES	40.00	Officer	$116,698	$0	$116,698
EMILY GRABELSKY	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MORACA	DIRECTOR	1.00	Director	$0	$0	$0
MINDY SHIKIAR	TREASURER	1.00	Director	$0	$0	$0
SARAH PEARSON	DIRECTOR	1.00	Director	$0	$0	$0
ANNA SASMIRESAN	DIRECTOR	1.00	Director	$0	$0	$0
SEPTEMBER MILLER	DIRECTOR	1.00	Director	$0	$0	$0
NORMAN ACKERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA CAMBIA	PRESIDENT	1.00	Officer	$0	$0	$0
STEVEN POLLART	PAST PRESIDENT	1.00		$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
2024	$3,692,300	$3,739,831	$4,505,914	$-47,531
2023	$3,996,326	$4,032,892	$4,713,642	$-36,566
2022	$3,526,909	$4,151,153	$4,985,524	$-624,244
2021	$3,265,461	$3,710,163	$5,972,307	$-444,702
2020	$3,217,214	$3,750,767	$6,146,946	$-533,553
2019	$3,192,108	$4,248,535	$6,330,405	$-1,056,427
2018	$3,331,129	$3,902,388	$7,225,905	$-571,259

HABILITATION CENTER FOR THE HANDICAPPED INC