FOUNDATION FOR MENTAL HEALTH & MENTAL RETARDATION (EIN 751607585) - 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

DANA ENGELSTAD

Tax Period

2023-07-01 to 2024-06-30

FOUNDATION FOR MENTAL HEALTH & MENTAL RETARDATION, founded in 1978, is a small nonprofit that reported $482K in total revenue in fiscal year 2023. The organization ran a surplus of $314K, a strong 65% operating margin.

Mission

THE FOUNDATION FURNISHES BY PROGRAM SERVICE CONTRACTS TO THE PERMIAN BASIN COMMUNITY CENTERS FOR MH/MR (75-1401776) THE USE OF VARIOUS BUILDINGS AS OFFICE SPACE IN THE FURTHERANCES OF ITS TAX-EXEMPT PURPOSE. THIS IS THE PRIMARY SOURCE OF PROGRAM SERVICE REVENUE FOR THE FOUNDATION

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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 $0

Program Service Revenue $187,041

Investment Income $295,205

Other Revenue $0

TOTAL REVENUE $482,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $168,350

Other Expenses $168,350

TOTAL EXPENSES $168,350

Year-over-Year Comparison

	2023	2022	Change
Revenue	$482,246	$491,327	0.0%
Expenses	$168,350	$294,520	-0.4%
Net Income	$313,896	$196,807	+0.6%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Larry Edgerton	VIce Pres Treas	1.00	Director	$0	$0	$0
DANA ENGELSTAD	President	1.00	Director	$0	$0	$0
Jim Alsup	Secretary	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	No data	No data	No data	No data
2024	$482,246	$168,350	$7,938,651	$313,896
2023	$491,327	$294,520	$7,624,757	$196,807
2022	$855,292	$129,998	$7,427,922	$725,294
2021	$595,475	$222,463	$6,702,629	$373,012

FOUNDATION FOR MENTAL HEALTH & MENTAL RETARDATION