HOME CARE INC

EIN: 042854358 501(c)(3) Health Care

LAWRENCE, MA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1978
Legal Domicile
MA
Principal Officer
PATRICIA O'BRIEN
Phone
9785524000
Tax Period
2023-10-01 to 2024-09-30

Mission

PROVIDED HOME HEALTH CARE, HOMEMAKER AND PERSONAL CARE SERVICES.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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
10
Independent Members
6
Employees
N/A
Volunteers
9

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
8
$1,923,393
Total Directors
14
$3,530,189
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KARA DOYLE CHAIR 0.50
Officer Director
$0 $0 $0
BARBARA B SAGER VICE CHAIR (UNTIL 7/24) 0.50
Officer Director
$0 $0 $0
SCOTT A COLLINS TRUSTEE 0.50
Director
$0 $0 $0
SUSAN GREEN TREASURER (UNTIL 12/23) 0.50
Officer Director
$0 $38,808 $1,085,892
DANIEL A HAYES JR SECRETARY 0.50
Officer Director
$0 $0 $0
MICHAEL DANDORPH TRUSTEE 0.50
Director
$0 $359,711 $2,085,861
EDA GEORGE RN PH D TRUSTEE 0.50
Director
$0 $0 $0
DEBRA S GRABOWSKI TRUSTEE (UNTIL 1/24) 0.50
Director
$0 $0 $0
KEITH N SOUCIE TRUSTEE (UNTIL 1/24) 0.50
Director
$0 $0 $0
DR RAYMOND H LEWIS JR TRUSTEE 0.50
Director
$0 $0 $0
PATRICIA O'BRIEN PRESIDENT 0.50
Officer Director
$0 $4,850 $163,658
ANDREW DEVOE TREASURER 0.50
Officer Director
$0 $0 $0
TOVAH GILRAY ASSISTANT SECRETARY 0.50
Officer Director
$0 $5,142 $194,778
BOBBY TUGBIYELE TRUSTEE 0.50
Director
$0 $0 $0
CHARLES WHIPPLE ESQ ASSISTANT SECRETARY (UNTIL 4/24) 0.50
Officer
$0 $77,182 $479,065
KAREN E GOMES FORMER PRESIDENT/CEO 0.50
$0 $2,087 $262,351
JOSEPH WHITE FORMER TRUSTEE (UNTIL 9/23) 0.00
$0 $23,483 $1,140,951
DIANE FARRAHER-SMITH FORMER CHIEF CIO 1.00
$0 $3,101 $303,162
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
2024 No data No data No data No data
2023 No data No data No data No data
2022 No data No data No data No data
2021 No data No data No data No data
2020 $54,082 $1,661 No data $52,421
2019 $4,895,781 $6,169,432 $343,729 $-1,273,651
2018 $7,120,534 $8,994,580 $1,481,102 $-1,874,046
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