DEPRESSION SOLUTIONS INC (EIN 853492211) - 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

2021

Legal Domicile

Principal Officer

Antonio Cubano MD

Phone

3212874986

Tax Period

2023-01-01 to 2023-12-31

DEPRESSION SOLUTIONS INC, founded in 2021, is a small nonprofit in the Mental Health sector that reported $570K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $394K, a strong 69% operating margin.

Mission

To assist families with mental and medical health issues care needs by providing informational resources.

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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 $570,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $570,000

Expense Breakdown

Grants Paid $56,225

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $175,899

Other Expenses $119,674

TOTAL EXPENSES $175,899

Year-over-Year Comparison

	2023	2022	Change
Revenue	$570,000	$320,000	+0.8%
Expenses	$175,899	$52,604	+2.3%
Net Income	$394,101	$267,396	+0.5%

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

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
Antonio Cubano MC	President	15	Officer	$0	$0	$0
Jaqueline Freyre-Cubano MD	VP	15	Officer	$0	$0	$0
Alan W Elam	Treasurer	1	Officer	$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
2024	No data	No data	No data	No data
2023	$570,000	$175,899	$745,014	$394,101
2022	$320,000	$52,604	$347,417	$267,396

DEPRESSION SOLUTIONS INC