THE GLASSER SCHOENBAUM HUMAN SERVICES CENTER

EIN: 592707877 501(c)(3) Human Services

SARASOTA, FL

Total Revenue
$3,369,835
Total Expenses
$3,479,450
Total Assets
$14,025,027
Net Assets
$14,018,631
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Phone
9413654545
Tax Period
2024-07-01 to 2025-06-30

THE GLASSER SCHOENBAUM HUMAN SERVICES CENTER is a community nonprofit in the Human Services sector that reported $3.4M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $14.0M represent 50 months of operating reserves.

Mission

Our regions growth and the abundant needs in our community create opportunities for our organization to provide more and expand our impact. While staying true to our commitment to the human services sector, our Campus of Caring agencies, and our community partnerships, Caring Collective and our evolved missionto achieve better lives and livelihoods for all our neighborswill allow our organization to utilize our expertise and expand our partnerships beyond human services.Caring Collective accomplishes our mission by breaking down barriers to make it easier for nonprofits to operate; bringing changemakers together across organizations to collaborate; and being a trusted nonprofit voice and advocate. Through the clear vision of our co-founders, Dr.Kay Glasser and Betty Schoenbaum, we became a place for diverse human services nonprofits to operate side-by-side. Since 1990, our programs, services, and partnership have resulted inover $9 million in savings for our Campus agencies.

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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 $2,315,351
Program Service Revenue $425,016
Investment Income $592,861
Other Revenue $36,607
TOTAL REVENUE $3,369,835

Expense Breakdown

Grants Paid $0
Salaries & Benefits $683,306
Fundraising Expenses $142,738
Program Expenses $3,102,444
Other Expenses $2,796,144
TOTAL EXPENSES $3,479,450

Year-over-Year Comparison

2024 2023 Change
Revenue $3,369,835 $3,087,286 +0.1%
Expenses $3,479,450 $3,108,894 +0.1%
Net Income $-109,615 $-21,608 +4.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
10
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLENE ALTENHIN DIRECTOR 50.00
$109,120 $0 $109,120
ANN OLSON Secretary 2.00
Officer Director
$0 $0 $0
JEANNE ARMOUR Treasurer 2.00
Officer Director
$0 $0 $0
BARBARA COLEMAN BOARD MEMBER 2.00
Director
$0 $0 $0
GAIL WELCH President 4.00
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 $3,369,835 $3,479,450 $14,025,027 $-109,615
2024 $3,087,286 $3,108,894 $13,579,968 $-21,608
2023 $4,048,603 $3,855,216 $12,820,040 $193,387
2022 $2,564,680 $2,372,878 $12,094,089 $191,802
2021 $2,757,822 $1,996,069 $13,312,629 $761,753
2020 $1,994,020 $2,038,041 $11,386,334 $-44,021
2019 $1,025,230 $945,083 $11,415,162 $80,147
2018 $1,611,800 $836,765 $11,143,600 $775,035
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