Encircle Therapy (EIN 834336091) - 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

2019

Legal Domicile

Principal Officer

Alexandre Cutini

Phone

3853008365

Tax Period

2024-01-01 to 2024-12-31

Encircle Therapy, founded in 2019, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 7% surplus.

Mission

We provide life-affirming mental health services to the LGBTQIA+ community.

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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 $1,135,878

Program Service Revenue $262,699

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,398,577

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,069,386

Fundraising Expenses $0

Program Expenses $1,138,574

Other Expenses $228,804

TOTAL EXPENSES $1,298,190

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,398,577	$1,189,847	+0.2%
Expenses	$1,298,190	$942,973	+0.4%
Net Income	$100,387	$246,874	-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

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

$203,173

Total Directors

$203,173

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mike Levinthal	Board Chair	1.00	Officer Director	$0	$0	$0
Curtis Anderson	Director	1.00	Director	$0	$0	$0
Stacey Miller	Director	1.00	Director	$0	$0	$0
Mike Ostermiller	Director	1.00	Director	$0	$0	$0
Rick Atkin	Vice Chair	1.00	Officer Director	$0	$0	$0
Jenny Hannon	Director	1.00	Director	$0	$0	$0
George Cardon-Bystry	Director	1.00	Director	$0	$0	$0
Isaac Westwood	Director	1.00	Director	$0	$0	$0
Scott Ladner	Director	1.00	Director	$0	$0	$0
Marty Erickson	Director	1.00	Director	$0	$0	$0
Betsy Kanarowski	Director	1.00	Director	$0	$0	$0
Darek Cooper	Director	1.00	Director	$0	$0	$0
Dan Reynolds	Director	1.00	Director	$0	$0	$0
Brian Spittler	Director	1.00	Director	$0	$0	$0
Jordan Sgro	CEO	1.00	Officer Director	$0	$8,442	$111,942
Alexandre Cutini	Executive Director	1.00	Officer Director	$0	$0	$91,231

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	$1,398,577	$1,298,190	$649,308	$100,387
2023	$1,189,847	$942,973	$391,878	$246,874
2022	$586,882	$626,342	$130,092	$-39,460
2021	$558,735	$499,095	$71,260	$59,640
2020	$292,672	$293,064	$11,620	$-392

Encircle Therapy