TCSPP Counseling Centers (EIN 952556403) - 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

1968

Legal Domicile

Principal Officer

Michael Horowitz

Phone

2136157200

Tax Period

2018-06-01 to 2019-05-31

TCSPP Counseling Centers, founded in 1968, is a small nonprofit that reported $259K in total revenue in fiscal year 2018. Revenue decreased 12% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 360% operating deficit.

Mission

TCSPP Counseling Centers provides counseling services to the public.

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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 (2018)

Revenue Breakdown

Contributions & Grants $252

Program Service Revenue $258,775

Investment Income $0

Other Revenue $0

TOTAL REVENUE $259,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $871,817

Fundraising Expenses $4,212

Program Expenses $1,137,444

Other Expenses $318,557

TOTAL EXPENSES $1,190,374

Year-over-Year Comparison

	2018	2017	Change
Revenue	$259,027	$294,430	-0.1%
Expenses	$1,190,374	$1,002,884	+0.2%
Net Income	$-931,347	$-708,454	+0.3%

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

N/A

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

$2,896,603

Total Directors

$1,856,387

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michele Nealon	Institution President/Trustee	2.00	Officer Director	$0	$77,433	$814,124
Michael Falotico	Chairperson	2.00	Director	$0	$45,286	$268,051
Donald Packham	Trustee	2.00	Director	$0	$39,845	$331,192
Jack Paduntin	Trustee	2.00	Director	$0	$24,761	$244,952
Heather Sheets	Trustee	2.00	Director	$0	$37,290	$198,068
Michael Horowitz	Corporate President	2.00	Officer	$0	$261,065	$1,366,806
Mehul Patel	Corporate Treasurer	2.00	Officer	$0	$25,473	$277,492
Shari Mikos	Asst. Corp. Secretary (As of 10/18)	2.00	Officer	$0	$21,142	$218,461
Louvenia Hardaway	Asst. Corp. Secretary (As of 6/18)	2.00	Officer	$0	$15,991	$94,279
Deborah Solmor	Corporate Secretary (As of 10/18)	2.00	Officer	$0	$898	$125,441
Jennifer DeMay	Former Officer (Left 4/2018)	0.00		$0	$18,691	$167,942

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
2019	$259,027	$1,190,374	$182,689	$-931,347
2018	$294,430	$1,002,884	$252,041	$-708,454

TCSPP Counseling Centers