CAROLINAS HOME CARE SERVICES INC

EIN: 030387484 501(c)(3) Human Services

Elizabethtown, NC

Total Revenue
$278,433
Total Expenses
$180,850
Total Assets
$1,032,073
Net Assets
$1,032,073
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NC
Principal Officer
Aletha Young
Phone
9108621515
Tax Period
2022-01-01 to 2022-12-31

CAROLINAS HOME CARE SERVICES INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $278K in total revenue in fiscal year 2022. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $98K, a strong 35% operating margin.

Mission

The organization's mission is to provide personal care services to indigent patients.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $45,676
Program Service Revenue $232,757
Investment Income $0
Other Revenue $0
TOTAL REVENUE $278,433

Expense Breakdown

Grants Paid $0
Salaries & Benefits $158,682
Fundraising Expenses $0
Program Expenses $180,850
Other Expenses $22,168
TOTAL EXPENSES $180,850

Year-over-Year Comparison

2022 2021 Change
Revenue $278,433 $385,032 -0.3%
Expenses $180,850 $209,278 -0.1%
Net Income $97,583 $175,754 -0.4%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
11
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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aletha Young President 15
Officer
$0 $0 $0
Erica Thompson Secretary 5
Officer
$0 $0 $0
Robert Smith Treasurer 5
Officer
$0 $0 $0
Betty Long Board Member 0
Officer
$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
2022 $278,433 $180,850 $1,032,073 $97,583
2021 $385,032 $209,278 $934,490 $175,754
2020 $239,851 $235,211 $641,589 $4,640
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CAROLINAS HOME CARE SERVICES INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.