COLUMBIACARE SERVICES INC (EIN 810609831) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

STACY FERRELL

Phone

5418588170

Tax Period

2023-01-01 to 2023-12-31

COLUMBIACARE SERVICES INC, founded in 2004, is a mid-sized nonprofit in the Mental Health sector that reported $57.2M in total revenue in fiscal year 2023. Expenses of $55.2M left a modest 3% surplus.

Mission

TO PROMOTE THE MENTAL HEALTH AND WELFARE OF INDIVIDUALS AND COMMUNITIES BY DEVELOPING PROGRESSIVE, REGIONAL SYSTEMS OF BEHAVIORAL HEALTH CARE FACILITIES AND SERVICE PROGRAMS IN COLLABORATION WITH PUBLIC AND PRIVATE PROVIDERS OF SOCIAL,JUDICIAL AND HEALTH CARE SERVICES. PROVIDE VETERANS WITH HOUSING AND CASE MANAGEMENT TO REDUCE HOMELESSNESS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $55,436,620

Investment Income $319,334

Other Revenue $1,404,037

TOTAL REVENUE $57,159,991

Expense Breakdown

Grants Paid $0

Salaries & Benefits $40,566,125

Fundraising Expenses $0

Program Expenses $55,160,941

Other Expenses $14,594,816

TOTAL EXPENSES $55,160,941

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,159,991	$56,685,157	+0.0%
Expenses	$55,160,941	$50,319,452	+0.1%
Net Income	$1,999,050	$6,365,705	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

805

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

$1,000

Total Directors

$4,775

Key Employees

$1,587,065

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN M WORK	CHAIRPERSON	2.00	Director	$700	$0	$700
GINGER SWAN	MEMBER	2.00	Director	$900	$0	$900
DAVID MCDANIEL	VICE CHAIRPERSON	2.00	Officer Director	$1,000	$0	$1,000
KATHY BECKETT	MEMBER	2.00	Director	$800	$0	$800
LOLA POWERS	TREASURER	2.00	Director	$700	$0	$700
KYLE RODRIGUEZ-HUDSON	MEMBER	2.00	Director	$675	$0	$675
SUNNY Y KIM	PSYCHIATRIST	40.00	Key Emp	$262,917	$18,720	$281,637
STACY FERRELL	PRESIDENT	40.00	Key Emp	$381,440	$30,000	$411,440
BENJAMIN SOLHEIM	CLINICAL DIRECTOR	40.00	Key Emp	$157,046	$0	$157,046
TAMARA L HOUSTON	PSYCHIATRIC PHYSICIAN'S AS	40.00	Key Emp	$160,824	$0	$160,824
FRED GARNICA	PSYCHIATRIC PHYSICIAN'S AS	40.00	Key Emp	$177,871	$22,134	$200,005
SHILO SMITH	DEPUTY DIRECTOR	40.00	Key Emp	$165,796	$9,899	$175,695
MATTHEW BOIRE	MEDICAL DIRECTOR	40.00	Key Emp	$200,418	$0	$200,418
KEVIN MCCHESNEY	RESIDENTIAL PROGRAM DIRECT	40.00	Highest	$129,176	$0	$129,176
JOSEPH CHICK	VETERANS SVC & SH PROGRAM	40.00	Highest	$138,255	$0	$138,255
MICHELLE GRIGSBY	HUMAN RESOURCES DIRECTOR	40.00	Highest	$138,770	$0	$138,770
JEFFREY HUNTER	EMPLOYEE	40.00	Highest	$147,014	$0	$147,014
MICHAEL SEWITSKY	FINANACE MANAGER	40.00	Highest	$125,224	$0	$125,224

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	$57,159,991	$55,160,941	$78,398,723	$1,999,050
2022	$56,685,157	$50,319,452	$77,948,819	$6,365,705
2021	$50,994,814	$45,705,112	$70,571,097	$5,289,702
2020	$45,738,779	$39,534,320	$64,632,899	$6,204,459
2019	$42,172,749	$37,984,604	$58,115,570	$4,188,145
2018	$41,951,829	$37,322,797	$55,767,898	$4,629,032

COLUMBIACARE SERVICES INC