CHOICES INC

EIN: 883618712 501(c)(3) Youth Development

WORCESTER, MA

Total Revenue
$448,576
Total Expenses
$448,576
Total Assets
$756,416
Net Assets
$128
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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
MA
Principal Officer
WILLIAM BEERS
Phone
5084555053
Tax Period
2023-01-01 to 2023-12-31

CHOICES INC, founded in 2022, is a small nonprofit in the Youth Development sector that reported $449K in total revenue in fiscal year 2023. Revenue surged 227604% from the prior year, signaling strong growth momentum.

Mission

CHOICES, INC.'S (CHOICES) MISSION IS TO CREATE A SAFE, SUPPORTIVE, RESPECTFUL RECOVERY COMMUNITY WHERE ADOLESCENTS STRUGGLING WITH ADDICTION AND CO-OCCURRING DISORDERS CAN RECLAIM AND RESTORE ALL ASPECTS OF THEIR LIVES.

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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 $445,201
Program Service Revenue $3,375
Investment Income $0
Other Revenue $0
TOTAL REVENUE $448,576

Expense Breakdown

Grants Paid $0
Salaries & Benefits $184,701
Fundraising Expenses $63,296
Program Expenses $337,836
Other Expenses $232,375
TOTAL EXPENSES $448,576

Year-over-Year Comparison

2023 2022 Change
Revenue $448,576 $197 +2276.0%
Expenses $448,576 $69 +6500.1%
Net Income $0 $128 -1.0%
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
7
Independent Members
6
Employees
16
Volunteers
10

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
$83,844
Total Directors
7
$93,844
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM BEERS PRESIDENT 1.00
Officer Director
$0 $46,164 $46,164
SUSAN STRONG CLERK 1.00
Officer Director
$37,680 $0 $37,680
MICHELLE LIPINSKI DIRECTOR 1.00
Director
$10,000 $0 $10,000
WILLIAM MANZI DIRECTOR 1.00
Director
$0 $0 $0
MARGARET CHANG DIRECTOR 1.00
Director
$0 $0 $0
BOB SPELLANE TREASURER 1.00
Officer Director
$0 $0 $0
JIM O'DAY VICE PRESIDENT 1.00
Officer 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
2023 $448,576 $448,576 $756,416 No data
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