FINGER LAKES & SOUTHERN TIER BHCC IPA I (EIN 871641286) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

CATHY LOVEJOY

Phone

3155218088

Tax Period

2024-01-01 to 2024-12-31

FINGER LAKES & SOUTHERN TIER BHCC IPA I, founded in 2020, is a small nonprofit in the Health Care sector that reported $131K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $307K exceeded revenue, resulting in a 134% operating deficit.

Mission

TO IDENTIFY OPPORTUNITIES, RESOURCES, AND LEADERSHIP FOR THE ORGANIZATION'S BEHAVIORAL HEALTH MEMBER ORGANIZATIONS TO IMPROVE THE INTEGRATION, QUALITY, AND EFFICIENCY OF SERVICES DELIVERED TO THEIR CLIENTS, AND TO INCREASE ACCESS TO CRITICALLY NEEDED BEHAVIORAL HEALTH SERVICES IN OUR COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $120,804

Program Service Revenue $0

Investment Income $9,951

Other Revenue $0

TOTAL REVENUE $130,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $217,139

Fundraising Expenses $0

Program Expenses $228,363

Other Expenses $89,473

TOTAL EXPENSES $306,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$130,755	$1,054,874	-0.9%
Expenses	$306,612	$308,687	0.0%
Net Income	$-175,857	$746,187	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$133,229

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER CARLSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
TIM VANDAMME	SECRETARY AND VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CATHY LOVEJOY	TREASURER	2.00	Officer Director	$0	$0	$0
ANN DOMINGOS	DIRECTOR	1.00	Director	$0	$0	$0
RON THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
YALITZA MARRERO DE JESUS	DIRECTOR	1.00	Director	$0	$0	$0
BETHANNE WHITE	EXECUTIVE OFFICER	35.00	Officer	$125,853	$7,376	$133,229

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	$130,755	$306,612	$473,194	$-175,857
2023	$1,054,874	$308,687	$652,326	$746,187

FINGER LAKES & SOUTHERN TIER BHCC IPA I