FOUNDATION FOR QUALITY CARE INC (EIN 100004451) - Form 990 Financial Analysis & Trantor Score

🔒

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

2002

Legal Domicile

Principal Officer

STEPHEN B HANSE

Phone

5184624800

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR QUALITY CARE INC, founded in 2002, is a community nonprofit in the Crime & Legal sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 4% surplus.

Mission

EDUCATIONAL CONFERENCES AND SEMINARS TO DISSEMINATE INFORMATION ON ISSUES AFFECTING QUALITY OF CARE IN LONG-TERM HEALTHCARE FACILITIES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,022,057

Program Service Revenue $431,334

Investment Income $10

Other Revenue $0

TOTAL REVENUE $1,453,401

Expense Breakdown

Grants Paid $10,368

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,187,180

Other Expenses $1,386,138

TOTAL EXPENSES $1,396,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,453,401	$1,113,507	+0.3%
Expenses	$1,396,506	$1,093,613	+0.3%
Net Income	$56,895	$19,894	+1.9%

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

N/A

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

$653,678

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMIR ABRAMCHIK	DIRECTOR	5.00	Director	$0	$0	$0
JOSEPHINE BOTTITTA	DIRECTOR	5.00	Director	$0	$0	$0
VINCENT MANISCALCO	DIRECTOR	5.00	Director	$0	$0	$0
PATRICK PULLANO	DIRECTOR	5.00	Director	$0	$0	$0
JUDITH N SCARDILLO	DIRECTOR	5.00	Officer Director	$0	$0	$0
GLENDA KELMAN	CHAIR	5.00	Officer Director	$0	$0	$0
ROGER BERNIER	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
STEPHEN HANSE	PRESIDENT	10.00	Officer	$0	$66,209	$480,618
JACKIE PAPPALARDI	EXECUTIVE DIRECTOR	15.00	Officer	$0	$26,346	$173,060

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	$1,453,401	$1,396,506	$346,840	$56,895
2022	$1,113,507	$1,093,613	$170,534	$19,894
2021	$1,086,918	$763,474	$212,876	$323,444
2020	$716,041	$677,311	$175,817	$38,730
2019	$889,077	$703,716	$259,658	$185,361
2018	$846,552	$846,195	$177,732	$357

FOUNDATION FOR QUALITY CARE INC