CCARC INC (EIN 066011543) - 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

1952

Legal Domicile

Principal Officer

LINDA IOVANNA

Phone

8602296665

Tax Period

2022-07-01 to 2023-06-30

CCARC INC, founded in 1952, is a mid-sized nonprofit that reported $14.5M in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

OUR VISION IS TO PROVIDE PERSONALIZED SERVICES TO PEOPLE WITH DISABILITIES. OUR MISSION IS TO MAKE DREAMS HAPPEN. THROUGH RESIDENTIAL AND SUPPORTED LIVING ARRANGEMENTS, EMPLOYMENT, VOCATIONAL TRAINING, RECREATION, CLINICAL SERVICES, ADVOCACY AND INTERVENTION CCARC, INC. HAS IMPROVED THE LIVES OF INDIVIDUALS AND THEIR FAMILIES, AND ENHANCED THE COMMUNITY'S UNDERSTANDING ABOUT INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $584,935

Program Service Revenue $13,953,864

Investment Income $8,347

Other Revenue $2,543

TOTAL REVENUE $14,549,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,424,619

Fundraising Expenses $154,975

Program Expenses $11,443,130

Other Expenses $2,888,602

TOTAL EXPENSES $14,313,221

Year-over-Year Comparison

	2022	2021	Change
Revenue	$14,549,689	$13,106,692	+0.1%
Expenses	$14,313,221	$12,935,166	+0.1%
Net Income	$236,468	$171,526	+0.4%

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

352

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

$215,241

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY BERGSTROM	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN BOYLE	OUTGOING TRUSTEE	1.00	Director	$0	$0	$0
DAMARIS BURGOS	DIRECTOR	1.00	Director	$0	$0	$0
STACEY CAFIERO	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CARRIER	DIRECTOR	1.00	Director	$0	$0	$0
JULIE CESTARO	DIRECTOR	1.00	Director	$0	$0	$0
LAURA FORAN	TREASURER	1.00	Officer Director	$0	$0	$0
MELISSA GAGNE	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JACK ISAAC	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CLAUDIA MCGHEE	DIRECTOR	1.00	Director	$0	$0	$0
GAIL MILLERICK	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MILLS	SECRETARY	1.00	Officer Director	$0	$0	$0
STEPHEN NIMS	DIRECTOR	1.00	Director	$0	$0	$0
DR WILLIAM PETIT	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS REUTHER	DIRECTOR	1.00	Director	$0	$0	$0
LYNN RICCI	PRESIDENT	1.00	Officer Director	$0	$0	$0
GREGORY STAFSTROM	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
CATHY VACCHELLI	DIRECTOR	1.00	Director	$0	$0	$0
LINDSLEY WELLMAN	DIRECTOR	1.00	Director	$0	$0	$0
LINDA IOVANNA	CEO	38.00	Officer	$193,164	$22,077	$215,241
LISA SABATINI	SENIOR VICE PRESIDENT \ RESIDENTIAL SERVICES	40.00	Highest	$105,936	$1,950	$107,886

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$14,549,689	$14,313,221	$11,735,618	$236,468
2022	$13,106,692	$12,935,166	$10,508,144	$171,526
2021	$13,885,771	$12,661,488	$12,566,719	$1,224,283
2020	$13,857,412	$12,266,275	$12,682,636	$1,591,137
2019	$12,445,476	$11,480,156	$8,587,268	$965,320
2018	$11,359,813	$10,905,066	$7,661,263	$454,747

CCARC INC