MIAMI FOUNDATION FOR MENTAL HEALTH INC (EIN 832898069) - 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

2018

Legal Domicile

Principal Officer

PAUL SINGERMAN

Phone

3057144343

Tax Period

2024-07-01 to 2025-06-30

MIAMI FOUNDATION FOR MENTAL HEALTH INC, founded in 2018, is a small nonprofit in the Mental Health sector that reported $808K in total revenue in fiscal year 2024. Revenue surged 213% from the prior year, signaling strong growth momentum. The organization ran a surplus of $638K, a strong 79% operating margin.

Mission

TO IMPROVE THE PUBLIC MENTAL HEALTH AND SUBSTANCE ABUSE SYSTEM OF CARE IN SOUTH FLORIDA

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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 (2024)

Revenue Breakdown

Contributions & Grants $808,282

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $808,282

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,296

Other Expenses $170,296

TOTAL EXPENSES $170,296

Year-over-Year Comparison

	2024	2023	Change
Revenue	$808,282	$258,214	+2.1%
Expenses	$170,296	$255,912	-0.3%
Net Income	$637,986	$2,302	+276.1%

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

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
PAUL SINGERMAN	DIRECTOR, CHAIRMAN OF THE BOARD	2.00	Director	$0	$0	$0
TIM COFFEY	DIRECTOR	2.00	Director	$0	$0	$0
PATRICK MORRIS	DIRECTOR, TREASURER	2.00	Director	$0	$0	$0
JERI BETH COHEN	PRESIDENT, SECRETARY	2.00	Director	$0	$0	$0
ALICIA CERVERA LAMADRID	DIRECTOR	2.00	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	$808,282	$170,296	$731,273	$637,986
2024	$258,214	$255,912	$93,287	$2,302
2023	$185	$198,200	$90,985	$-198,015
2022	$405,445	$209,319	$289,000	$196,126
2021	$254,520	$181,247	$85,024	$73,273
2020	$229,631	$220,262	$191,578	$9,369

MIAMI FOUNDATION FOR MENTAL HEALTH INC