THE INSTITUTE

EIN: 874287656 501(c)(3) Human Services

WILKES BARRE, PA

Total Revenue
$1,053,688
Total Expenses
$774,912
Total Assets
$1,009,663
Net Assets
$1,009,663
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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
2022
Legal Domicile
PA
Principal Officer
TERESA OOMS
Phone
5704089851
Tax Period
2023-01-01 to 2023-12-31

THE INSTITUTE, founded in 2022, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $279K, a strong 26% operating margin.

Mission

COMMUNITY BASED RESEARCH MADE AVAILABLE TO COMMUNITIES AND ORGANIZATIONS NEEDING RELIABLE, OBJECTIVE DATA, RESEARCH AND BEST PRACTICES TO MAKE INFORMED DECISIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $221,450
Program Service Revenue $818,008
Investment Income $14,230
Other Revenue $0
TOTAL REVENUE $1,053,688

Expense Breakdown

Grants Paid $0
Salaries & Benefits $693,404
Fundraising Expenses $35,670
Program Expenses $558,349
Other Expenses $81,508
TOTAL EXPENSES $774,912

Year-over-Year Comparison

2023 2022 Change
Revenue $1,053,688 $1,015,870 +0.0%
Expenses $774,912 $352,109 +1.2%
Net Income $278,776 $663,761 -0.6%
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

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Governance

Voting Members
8
Independent Members
8
Employees
10
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
4
$186,702
Total Directors
8
$0
Key Employees
1
$186,702
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERESA OOMS PRESIDENT 040.00
Officer Key Emp Highest
$186,702 $0 $186,702
CHARLES KASKO CHAIR 006.00
Officer Director
$0 $0 $0
ALANA ROBERTS VICE CHAIR 002.00
Officer Director
$0 $0 $0
WILLIAM SORDONI SECRETARY TREASURER 002.00
Officer Director
$0 $0 $0
ROB LUCIANI DIRECTOR 001.00
Director
$0 $0 $0
ROBERT KORJESKI DIRECTOR 001.00
Director
$0 $0 $0
GREG CANT DIRECTOR 001.00
Director
$0 $0 $0
DON BROMINSKI DIRECTOR 001.00
Director
$0 $0 $0
PAUL RUSHTON DIRECTOR 001.00
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
2024 No data No data No data No data
2023 $1,053,688 $774,912 $1,009,663 $278,776
2022 $1,015,870 $352,109 $733,131 $663,761
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