CONCEPT THERAPY INSTITUTE INC (EIN 741213124) - 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

1954

Legal Domicile

Principal Officer

RAYMOND GRAVELLE

Phone

2106982254

Tax Period

2023-01-01 to 2023-12-31

CONCEPT THERAPY INSTITUTE INC, founded in 1954, is a small nonprofit that reported $447K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $749K exceeded revenue, resulting in a 68% operating deficit.

Mission

COMPREHENSIVE LEARNING FOR PEOPLE ASPIRING TO A LIFE OF HEALTH, HAPPINESS, SUCCESS AND PEACE.

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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 $36,074

Program Service Revenue $100,054

Investment Income $215,149

Other Revenue $95,932

TOTAL REVENUE $447,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $285,270

Fundraising Expenses $1,358

Program Expenses $559,244

Other Expenses $463,917

TOTAL EXPENSES $749,187

Year-over-Year Comparison

	2023	2022	Change
Revenue	$447,209	$264,615	+0.7%
Expenses	$749,187	$610,494	+0.2%
Net Income	$-301,978	$-345,879	-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

$122,970

Total Directors

$54,712

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND GRAVELLE	PRESIDENT	10.00	Officer Director	$0	$0	$0
BONNIE CHASTAIN	SECRETARY	10.00	Officer Director	$0	$0	$0
MARK OHOLENDT	FINANCIAL CONSULTANT/TREASURER	30.00	Officer Director	$54,712	$0	$54,712
LEIGH ZACHARY	CHAIRMAN	10.00	Director	$0	$0	$0
ROBIN BRUNK-DAWSON	BOARD MEMBER	10.00	Director	$0	$0	$0
DR CASSIE MATTOX	BOARD MEMBER	10.00	Director	$0	$0	$0
TRED RISSACHER DC	BOARD MEMBER	10.00	Director	$0	$0	$0
JACK HODGES	EXECUTIVE DIRECTOR	40.00	Officer	$58,269	$9,989	$68,258

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	No data	No data	No data	No data
2023	$447,209	$749,187	$3,139,649	$-301,978
2022	$264,615	$610,494	$3,442,802	$-345,879
2021	$409,286	$580,377	$3,841,498	$-171,091
2020	$361,139	$608,498	$4,009,123	$-247,359
2019	$464,673	$717,522	$4,274,304	$-252,849
2018	$781,805	$1,086,468	$4,452,851	$-304,663

CONCEPT THERAPY INSTITUTE INC