FAMILYWORKS INC (EIN 850445939) - 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

1996

Legal Domicile

Principal Officer

RICHARD MALCOLM

Phone

5058367330

Tax Period

2018-07-01 to 2019-06-30

FAMILYWORKS INC, founded in 1996, is a small nonprofit that reported $522K in total revenue in fiscal year 2018. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $708K exceeded revenue, resulting in a 36% operating deficit.

Mission

PLACEMENT AND TREATMENT OF SEVERELY EMOTIONALLY DISTURBED CHILDREN AND ADOLESCENTS AGES 4 TO 21.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $521,980

Investment Income $187

Other Revenue $40

TOTAL REVENUE $522,207

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $692,448

Other Expenses $707,632

TOTAL EXPENSES $707,632

Year-over-Year Comparison

	2018	2017	Change
Revenue	$522,207	$2,859,776	-0.8%
Expenses	$707,632	$3,053,897	-0.8%
Net Income	$-185,425	$-194,121	0.0%

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

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

$161,866

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD MALCOLM	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL GIRLAMO	PRESIDENT	6.00	Officer	$0	$0	$90,735
YVONNE NUNEZ	VICE PRESIDE	40.00	Officer	$0	$0	$34,319
KACIE SKINNER	SECRETARY	6.00	Officer	$0	$0	$36,812
CAROL BICKELMAN	DIRECTOR	1.00	Director	$0	$0	$0
LAURA MASON	DIRECTOR	1.00	Director	$0	$0	$0
MITCH LEVICK	DIRECTOR	1.00	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
2019	$522,207	$707,632	$5,509	$-185,425
2018	$2,859,776	$3,053,897	$395,805	$-194,121

FAMILYWORKS INC