TREASURE HEALTH SYSTEMS INC

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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

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.

Program Service Accomplishments

Program 1

Treasure Health systems, Inc provides accessible, high-quality mental and behavioral health services to children. adolescents. adults and their families in the baltimore community. Through its...

Treasure Health systems, Inc provides accessible, high-quality mental and behavioral health services to children. adolescents. adults and their families in the baltimore community. Through its ourpatient mental Health Clinic (OMHC) and Psychiatric Rehabilitation Program (PRP), the organization delivers person centered, culturally responsive care focsued on improving mental health outcomes, daily functioning, and community integration. During the reporting year, the organization maintained strong client enagement, ensured timely access to services and demonstrated measurable progress in client stability and overall wellbeing while upholidng standards f trust, respect, confidentiality and compasion.

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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 $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

Governance

Voting Members

Independent Members

N/A

Employees

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

$60,000

Total Directors

Key Employees

Highest Compensated

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