TREASURE HEALTH SYSTEMS INC

EIN: 823951281 501(c)(3)

Baltimore, MD

Total Revenue
$609,813
Total Expenses
$646,995
Total Assets
$4,460
Net Assets
$-433,417
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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
2022
Legal Domicile
MD
Tax Period
2023-01-01 to 2023-12-31

TREASURE HEALTH SYSTEMS INC, founded in 2022, is a small nonprofit that reported $610K in total revenue in fiscal year 2023.

Mission

Treasure Health Systems, inc is dedicated to promoting the well-being of clients and families within the Baltimore cumminity and area by povidingggg accessible, high-quality mental and behavioral health services to children, adolescents, adults and their familities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $609,813
Investment Income $0
Other Revenue $0
TOTAL REVENUE $609,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $511,173
Fundraising Expenses $0
Other Expenses $135,822
TOTAL EXPENSES $646,995

Year-over-Year Comparison

2023 2022 Change
Revenue $609,813 N/A N/A
Expenses $646,995 N/A N/A
Net Income $-37,182 N/A N/A
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
1
Independent Members
N/A
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
1
$60,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AKINJIDE ADEWOYE CHIEF EXECUTIVE OFFICER 50.00
Officer
$60,000 $0 $60,000
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
2023 $609,813 $646,995 $4,460 $-37,182
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