SONG FOR CHARLIE 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

2020

Legal Domicile

Principal Officer

EDWARD TERNAN

Phone

6266441708

Tax Period

2025-01-01 to 2025-12-31

SONG FOR CHARLIE INC, founded in 2020, is a community nonprofit in the Mental Health sector that reported $4.1M in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $3.9M left a modest 4% surplus.

Mission

THE ORGANIZATIONS MISSION IS TO ENCOURAGE YOUNG PEOPLE TO CHOOSE HEALTHY COPING STRATEGIES OVER SELF-MEDICATION.

Program Service Accomplishments

Program 1

Expenses: $3,208,292 Revenue: $1,962,500

THE ORGANIZATION WORKS WITH PARENTS, CAREGIVERS, MIDDLE SCHOOL, HIGH SCHOOL, AND COLLEGE STUDENTS TO RAISE AWARENESS ABOUT THE DANGERS INHERENT IN THE USE AND ABUSE OF PHARMACEUTICAL AND SYNTHETHIC DRUGS. OUR GOAL IS TO WARN PEOPLE ABOUT THE PREVALENCE OF COUNTERFEIT PRESCRIPTION PILLS, WHICH ARE MADE OF FENTANYL AND ARE FREQUENTLY DEADLY. THE ORGANIZATIONS PROGRAMS WILL COMMUNICATE RISKS VIA POPULAR MEDIA AND ART FILM, MUSIC, GAMES, GRAPHIC ARTS, ETC.

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,036,564

Program Service Revenue $1,962,500

Investment Income $60,669

Other Revenue $0

TOTAL REVENUE $4,059,733

Expense Breakdown

Grants Paid $41,450

Salaries & Benefits $1,778,261

Fundraising Expenses $337,531

Program Expenses $3,208,292

Other Expenses $2,083,982

TOTAL EXPENSES $3,903,693

Year-over-Year Comparison

	2025	2024	Change
Revenue	$4,059,733	$3,713,744	+0.1%
Expenses	$3,903,693	$3,659,490	+0.1%
Net Income	$156,040	$54,254	+1.9%

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

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

$995,222

Total Directors

$432,320

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD TERNAN	President	40.00	Officer Director	$230,000	$16,270	$246,270
KAILA SASSANO	Vice President	40.00	Officer	$185,000	$17,293	$202,293
MARY TERNAN	Vice President	40.00	Officer Director	$170,000	$16,050	$186,050
KRISTEN GIORDANI	COO	40.00	Officer	$182,625	$121	$182,746
JILL SIGLER	CFO	40.00	Officer	$177,500	$363	$177,863
GINA MALAGOLD	DIRECTOR	40.00		$157,625	$768	$158,393
DENISE MARIANO	VP PARTNERSHIPS	40.00		$124,527	$24,009	$148,536
KRISTA FEIERABEND	CREATIVE DIRECTOR	40.00		$130,725	$8,006	$138,731
J BRIAN TERNAN	Chairman	2.00	Officer Director	$0	$0	$0
PATRICIA MARINELLI-CASEY PHD	Director	2.00	Director	$0	$0	$0
ALEXIS ANVEKAR MD	Trustee	2.00	Director	$0	$0	$0
PATRICK NALLY	Director	2.00	Director	$0	$0	$0
JACK SYMES	Director	2.00	Director	$0	$0	$0
BRIDGET LATTIMER	Director	2.00	Director	$0	$0	$0
BRENNAN MULLIN	Director	2.00	Director	$0	$0	$0
GARTH GRAHAM MD	Director	2.00	Director	$0	$0	$0
ANDREA MACK	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	$4,059,733	$3,903,693	$1,631,760	$156,040
2024	$3,713,744	$3,659,490	$1,603,587	$54,254
2023	$3,220,047	$2,701,771	$1,389,097	$518,276
2022	$891,409	$1,003,486	$687,809	$-112,077
2022	$891,409	$1,003,486	$687,809	$-112,077
2021	$1,054,173	$366,550	$801,081	$687,623