NEW CANAAN, CT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)COLLABORATION HEALTHCARE CORP, founded in 2021, is a small nonprofit in the Mental Health sector that reported $605K in total revenue in fiscal year 2023. Revenue surged 1308% from the prior year, signaling strong growth momentum. The organization ran a surplus of $507K, a strong 84% operating margin.
PROVIDE FREE HEALTH SERVICES THROUGH A RANGE OF CARE. CARE PROVIDED INCLUDES PRIMARY CARE, BEHAVIORAL AND MENTAL HEALTH SERVICES, SUBSTANCE ABUSE COUNSELING, AND MEDICATION MANAGEMENT. A COMMUNITY OF VOLUNTEERS PROVIDES SERVICES TO ADULTS, EXPECTANT MOTHERS, TEENS, AND CHILDREN.
CLINIC - SAGE HEALTHCARE SEEKS OUT THE HOMELESS, SUBSTANCE USERS, VICTIMS OF DOMESTIC VIOLENCE AND THE POOR TO PROVIDE HEALTHCARE SERVICES INCLUDING MEDICAL, BEHAVIORAL HEALTH, PHYSICAL THERAPY, AND...
CLINIC - SAGE HEALTHCARE SEEKS OUT THE HOMELESS, SUBSTANCE USERS, VICTIMS OF DOMESTIC VIOLENCE AND THE POOR TO PROVIDE HEALTHCARE SERVICES INCLUDING MEDICAL, BEHAVIORAL HEALTH, PHYSICAL THERAPY, AND LAB SERVICES AT NO COST TO THE PATIENT. THIS IS ACCOMPLISHED THROUGH OUR VOLUNTEER NETWORK. THE COSTS ARE ASSOCIATED WITH MAINTENANCE AND RENOVATION OF THE HOUSE USED FOR SCHIZOPHRENIA OUTPATIENT TREATMENT, MALPRACTICE INSURANCE, MEDICAL SUPPLIES, ELECTRONIC MEDICAL RECORD AND OTHER ANCILLARY SUPPLIES NEEDED TO PROVIDE CARE IN A CLINIC SUCH AS EVALUATION EQUIPMENT, MEDICINE, PAPER RECORD AND DATA KEEPING/STORAGE, WEBSITE MAINTENANCE, PRINTER/COPIER COSTS AND OTHER INCIDENTALS. FREE SERVICES PROVIDED FOR 2024 INCLUDES OVER 4000 MEDICAL AND BEHAVIORAL HEALTH VISITS AT A MARKET VALUE OF OVER $800,000.
SCHOLARSHIP - SAGE PROVIDES EDUCATIONAL OPPORTUNITIES THROUGH INDIVIDUAL GRANTS, SCHOLARSHIP AND FELLOWSHIP AWARDS TO 1) INDIVIDUALS WISHING TO SERVE THIS POPULATION IN THE LONGER TERM [NURSING OR...
SCHOLARSHIP - SAGE PROVIDES EDUCATIONAL OPPORTUNITIES THROUGH INDIVIDUAL GRANTS, SCHOLARSHIP AND FELLOWSHIP AWARDS TO 1) INDIVIDUALS WISHING TO SERVE THIS POPULATION IN THE LONGER TERM [NURSING OR OTHER HEALTHCARE SCHOOL SCHOLARSHIPS, COMMUNITY RESEARCH PROJECTS; SUPPORTING OTHER 501C3 ENTITIES THAT OFFER SERVICES TO OUR POPULATION. 2) CLIENTS OF SAGE SERVICES IN NEED OF FUNDING TO MOVE FORWARD IN THEIR LIFE GOALS (I.E. DRIVERS LICENSE RENEWALS, WORK LICENSE RENEWALS, TUITION PAYMENTS, ETC.); 3) CONTINUING EDUCATION OR RESEARCH STIPEND FOR STAFF, VOLUNTEERS, CLIENTS WHO NEED ASSISTANCE IN GAINING OR EXPANDING KNOWLEDGE ON HOW TO BETTER SERVE THIS POPULATION. IN 2024, WE SPONSORED 3 UNDERGRADUATE COLLEGE STUDENTS, 2 CERTIFICATE STUDENTS, 9 DOCTORAL STUDENT PROJECTS AND OVER 15 INDIVIDUALS IN THERE PREPARATION FOR JOB PLACEMENT.
EDUCATION - SAGE HEALTHCARE AFFILIATES WITH LOCAL UNIVERSITIES TO PROVIDE DIDACTIC AND CLINICAL EXPERIENCES FOR NURSE PRACTITIONER, SOCIAL WORK AND OTHER HEALTH DISCIPLINE STUDENTS SUPERVISED BY...
EDUCATION - SAGE HEALTHCARE AFFILIATES WITH LOCAL UNIVERSITIES TO PROVIDE DIDACTIC AND CLINICAL EXPERIENCES FOR NURSE PRACTITIONER, SOCIAL WORK AND OTHER HEALTH DISCIPLINE STUDENTS SUPERVISED BY EITHER UNIVERSITY FACULTY OR SAGE VOLUNTEERS. FOLLOW-UP AND RESEARCH IS PERFORMED TO ASSESS COMMUNITY WELLNESS IMPROVEMENT BASED ON OUR FREE SERVICES PROVIDED. COSTS INCLUDE MAINTAINING STAFFING IN THE CLINIC THAT CAN COORDINATE SCHEDULING. ADDITIONAL COSTS INCLUDE DATA COLLECTION AND MAINTENANCE, REPORT WRITING AND RESULTS DISSEMINATION. SAGE HAS AFFILIATIONS VIA MEMORANDUMS OF UNDERSTANDING (MOUS) WITH 9 UNIVERSITIES INCLUDING YALE, FAIRFIELD, SACRED HEART, QUINNIPIAC, IONA, ALBERTUS MAGNUS, BRIDGEPORT, CAPELLA, WILKES AND IS PURSUING OTHER AFFILIATIONS. THIS HAS ALLOWED US TO HOST OVER 160 HEALTHCARE STUDENTS IN 2024 TO PERFORM THERE CLINICAL EDUCATION HOURS.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $605,348 | $43,005 | +13.1% |
| Expenses | $98,016 | $43,826 | +1.2% |
| Net Income | $507,332 | $-821 | -618.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CYNTHIA JEFFREY | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| AKENMISIRE MUSA | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CRAIG ADLER | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| SUE DENISCO | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| NOAH HENDLER | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CAROLINE FARRELL | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| ROBERT MITCHELL | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JOANA LAUTURE | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| DOROTHEA ESPOSITO | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CONSTANCE GLENN | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| MACKENZIE GORDON | SECRETARY | 0.00 |
Director
|
$0 | $0 | $0 |
| KATE WHEELER | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| KAREN BAUCE | CHAIR | 0.00 |
Director
|
$0 | $0 | $0 |
| VICTORIA HOEY | VICE CHAIR | 0.00 |
Director
|
$0 | $0 | $0 |
| SUE PENQUE | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| HEATHER FERRILLO | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| MARILYN FARBER | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| LUANN ETCHER | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| SALLY GERARD | AT LARGE BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| IRENE BIHL | ADMINISTRATORTREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $605,348 | $98,016 | $493,742 | $507,332 |
| 2024 | $241,420 | $190,089 | $545,073 | $51,331 |
Compare COLLABORATION HEALTHCARE CORP with other nonprofits in Connecticut and across the country.