TOUCHSTONE COUNSELING SERVICE INC (EIN 942679663) - 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

1974

Legal Domicile

Principal Officer

MICHAEL CAROLLA

Phone

9259320150

Tax Period

2022-09-01 to 2023-08-31

TOUCHSTONE COUNSELING SERVICE INC, founded in 1974, is a small nonprofit in the Mental Health sector that reported $338K in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $373K exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDE COMPREHENSIVE GROUP OR INDIVIDUAL COUNSELING TO INDIVIDUALS BASED ON THE ABILITY TO PAY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $337,945

Investment Income $0

Other Revenue $0

TOTAL REVENUE $337,945

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,248

Fundraising Expenses $0

Program Expenses $355,534

Other Expenses $283,579

TOTAL EXPENSES $372,827

Year-over-Year Comparison

	2022	2021	Change
Revenue	$337,945	$474,314	-0.3%
Expenses	$372,827	$497,431	-0.3%
Net Income	$-34,882	$-23,117	+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

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

$13,351

Total Directors

$13,351

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARSHA RUSBY	Secretary	30.00	Officer Director	$13,351	$0	$13,351
MICHAEL CAROLLA	Executive Direc	40.00	Officer Director	$0	$0	$0
ED ANDREWS	President	0.00	Officer Director	$0	$0	$0
PAUL MCGEHEE	Treasurer	0.00	Officer Director	$0	$0	$0
JOHN THOMAS	MEMBER	0.00	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
2023	$337,945	$372,827	$24,575	$-34,882
2022	$474,314	$497,431	$61,164	$-23,117
2021	$445,213	$474,109	$82,605	$-28,896
2020	$474,071	$478,536	$111,470	$-4,465
2019	$442,840	$459,002	$115,935	$-16,162
2018	$373,717	$354,789	$132,097	$18,928

TOUCHSTONE COUNSELING SERVICE INC