SPECIALIZED HEALTH SERVICES INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

PATRICK KNIGHT

Phone

8187623855

Tax Period

2024-07-01 to 2025-06-30

SPECIALIZED HEALTH SERVICES INC, founded in 1986, is a community nonprofit in the Human Services sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $539K, a strong 21% operating margin.

Mission

INCREASE THE SELF-SUFFICIENCY OF PEOPLE WITH DEVELOPMENTAL DISABILITIES AND MENTAL ILLNESS.

Program Service Accomplishments

Program 1

Expenses: $451,443 Revenue: $939,026

NORTH HOLLYWOOD DAY PROGRAM: CONSUMERS WERE COUNSELED AND TAUGHT COPING SKILLS DURING OUTINGS IN THE COMMUNITY, INCLUDING PUBLIC LIBRARIES, MOVIES, BOWLING, GROCERY AND DRUG STORES, TO LEARN...

NORTH HOLLYWOOD DAY PROGRAM: CONSUMERS WERE COUNSELED AND TAUGHT COPING SKILLS DURING OUTINGS IN THE COMMUNITY, INCLUDING PUBLIC LIBRARIES, MOVIES, BOWLING, GROCERY AND DRUG STORES, TO LEARN APPROPRIATE BEHAVIOR IN THE COMMUNITY AS WELL AS INDEPENDENT SKILLS. CONSUMERS PARTICIPATED AT PREVOCATIONAL/VOLUNTEER SITES IN THE COMMUNITY SUCH AS PET ORPHANS, OPERATION GRATITUDE, AND HOLLYWOOD CARES, TO BUILD SELF-ESTEEM AND LEARN WORK SKILLS. CLASSES HELD AT THE CENTER ADDRESSED DECISION MAKING, ANGER MANAGEMENT, AND COMMUNICATION SKILLS. CONSUMERS ALSO PARTICIPATED IN JOB TASKS AT THE CENTER, AND CUSTODIAL DUTIES.

Program 2

Expenses: $400,124 Revenue: $404,412

HAWTHORNE DAY PROGRAM: CONSUMERS PARTICIPATED IN (1) COMMUNITY WORK SUCH AS SERVING LUNCH TO SENIORS, CARING FOR SHELTER ANIMALS, AND MAINTAINING A COMMUNITY GARDEN; (2) CLASSES HELD AT THE CENTER...

HAWTHORNE DAY PROGRAM: CONSUMERS PARTICIPATED IN (1) COMMUNITY WORK SUCH AS SERVING LUNCH TO SENIORS, CARING FOR SHELTER ANIMALS, AND MAINTAINING A COMMUNITY GARDEN; (2) CLASSES HELD AT THE CENTER COVERING TOPICS SUCH AS ANGER AND STRESS MANAGEMENT, MONEY MANAGEMENT, SAFETY AND HEALTHY EATING; (3) TASKS AT THE CENTER TO GAIN WORK SKILLS AND EXPERIENCE, INCLUDING MAKING COFFEE, WASHING DISHES, SWEEPING, ETC.

Program 3

Expenses: $295,858 Revenue: $854,710

GRANADA HILLS COMMUNITY BASED DAY PROGRAM: CONSUMERS WERE TRANSPORTED TO A VARIETY OF COMMUNITY SITES WITH A PREVOCATIONAL, SOCIAL, AND RECREATIONAL EMPHASIS, INCLUDING MUSEUMS, LIBRARIES, MOVIE...

GRANADA HILLS COMMUNITY BASED DAY PROGRAM: CONSUMERS WERE TRANSPORTED TO A VARIETY OF COMMUNITY SITES WITH A PREVOCATIONAL, SOCIAL, AND RECREATIONAL EMPHASIS, INCLUDING MUSEUMS, LIBRARIES, MOVIE THEATERS, LEARNING CENTERS, SPECIALTY STORES, ANIMAL SHELTERS, NON-PROFIT VOLUNTEER SITES, AND PARKS. WHILE AT THESE SITES, CONSUMERS SPENT THE DAY ACQUIRING SKILLS RELATED TO SOCIALIZATION, COMMUNICATION, STRESS-MANAGEMENT, INDEPENDENT LIVING AND COMMUNITY INTEGRATION.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,313

Program Service Revenue $2,486,350

Investment Income $15,494

Other Revenue $0

TOTAL REVENUE $2,516,157

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,385,860

Fundraising Expenses $0

Program Expenses $1,350,464

Other Expenses $591,530

TOTAL EXPENSES $1,977,390

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,516,157	$2,375,723	+0.1%
Expenses	$1,977,390	$1,815,497	+0.1%
Net Income	$538,767	$560,226	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$262,623

Total Directors

$132,958

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK KNIGHT	EXECUTIVE DIRECTOR	40.00	Officer Director	$116,063	$16,895	$132,958
SUSAN KENYON	CHAIR (UNTIL 01/2025)	0.20	Officer Director	$0	$0	$0
YOLANDA LAS MARIAS	SECRETARY (UNTIL 01/2025)	0.20	Officer Director	$0	$0	$0
TINA LENZ	CHAIR	0.20	Officer Director	$0	$0	$0
SETH KURZBAN	SECRETARY	0.20	Officer Director	$0	$0	$0
MARIA VERDIN	TREASURER	0.80	Officer Director	$0	$0	$0
YANIV GELLER	DIRECTOR OF OPERATIONS	40.00	Officer	$111,323	$18,342	$129,665

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
2025	$2,516,157	$1,977,390	$4,047,717	$538,767
2024	$2,375,723	$1,815,497	$3,251,600	$560,226
2023	$2,230,641	$1,688,610	$2,786,041	$542,031
2022	$1,877,230	$1,587,590	$2,126,253	$289,640
2021	$1,827,159	$1,457,125	$1,836,353	$370,034
2020	$1,857,214	$1,692,233	$1,641,071	$164,981
2019	$1,766,144	$1,741,903	$1,274,005	$24,241
2018	$1,746,621	$1,707,291	$1,244,749	$39,330
2017	$1,747,862	$1,675,350	$1,227,162	$72,512