Caregivers Helper Inc

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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

2005

Legal Domicile

Principal Officer

Ibifaa BobManuel Executive Director

Phone

6149867000

Tax Period

2024-01-01 to 2024-12-31

Caregivers Helper Inc, founded in 2005, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $968K left a modest 7% surplus.

Mission

Caregiver's Helper is to equip foster/respite parents with the proper tools and support to train children to become productive and fulfilled citizens, specializing in such services as counseling, foster care, independent living skills, parenting classes, and crisis management.

Program Service Accomplishments

Program 1

Expenses: $878,708 Revenue: $1,041,410

Caregivers Helpers mission is protection of children who have experienced different types of traumas from re-traumatization. We promote childrens best interest by placing them in safe, healthy...

Caregivers Helpers mission is protection of children who have experienced different types of traumas from re-traumatization. We promote childrens best interest by placing them in safe, healthy, nurturing, and theraputic foster homes, that we recruit and license; after the homes have successfully met all requirements including background checks and training. We ensure the families we license are thoroughly screened and can care for children as their own. The primary focus of the agency remains to consistently recruit, screen, train, assess, and license foster care applicants who are interested in helping children ages 0-18 years who are in temporary care, (continued on Schedule O)

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,041,410

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,041,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $361,668

Fundraising Expenses $0

Program Expenses $878,708

Other Expenses $606,568

TOTAL EXPENSES $968,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,041,410	$953,081	+0.1%
Expenses	$968,236	$950,837	+0.0%
Net Income	$73,174	$2,244	+31.6%

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

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

$118,310

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IBIFAA BOB-MANUEL	Executive Director	40.00	Officer	$118,310	$0	$118,310
WENDY WESTOVER	Board President	2.50	Officer Director	$0	$0	$0
KROKRUBO AUGUSTINE	Vice President I	2.50	Officer Director	$0	$0	$0
DARYN HUNT	Vice President II	2.50	Officer Director	$0	$0	$0
CLYDELL PILLERMAN	Treasurer	2.50	Officer Director	$0	$0	$0
THEENA ZIEMBO	Secretary	2.50	Officer Director	$0	$0	$0
YOLANDA ROBINSON	Board Member	2.50	Director	$0	$0	$0
LOLIA HOWARD ESQ	Board Member	2.50	Director	$0	$0	$0
PATRICK HADLEY PHD	Board Member	2.50	Director	$0	$0	$0
PAT IGE	Board Member	2.50	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
2024	$1,041,410	$968,236	$1,023,450	$73,174
2023	$1,018,984	$996,546	$984,820	$22,438
2022	$794,332	$845,526	$969,250	$-51,194
2021	$833,789	$928,762	$1,076,662	$-94,973
2020	$1,113,834	$1,027,890	$580,133	$85,944