ASANPEE CARE 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

Princess kennedy

Phone

7349562107

Tax Period

2024-01-01 to 2024-12-31

ASANPEE CARE INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $777K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

To operate a 24hr residential facility caring for adults with mental illness and or physical retardation, homelessness.

Program Service Accomplishments

Program 1

Expenses: $637,547 Revenue: $777,091

We provided safe environment, meals, medication management, total health management, socialization, schooling and support to all residents in our facility. All care provided are per psychiatrist...

We provided safe environment, meals, medication management, total health management, socialization, schooling and support to all residents in our facility. All care provided are per psychiatrist order.

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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 $777,091

Investment Income $0

Other Revenue $0

TOTAL REVENUE $777,091

Expense Breakdown

Grants Paid $0

Salaries & Benefits $395,339

Fundraising Expenses $0

Program Expenses $637,547

Other Expenses $412,214

TOTAL EXPENSES $807,553

Year-over-Year Comparison

	2024	2023	Change
Revenue	$777,091	$892,764	-0.1%
Expenses	$807,553	$995,090	-0.2%
Net Income	$-30,462	$-102,326	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Finber Felix	Treasurer	0.00	Officer Director	$0	$0	$0
Michael Savola	Director	0.00	Officer Director	$0	$0	$0
Francess Felix	Secretary	0.00	Officer Director	$0	$0	$0
Princess kennedy	President	40.00	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
2024	$777,091	$807,553	$4,280	$-30,462
2023	$892,764	$995,090	$18,801	$-102,326
2022	$1,014,096	$1,060,776	$73,498	$-46,680
2021	$888,567	$918,973	$70,604	$-30,406
2020	$716,653	$802,782	$53,946	$-86,129
2019	$489,406	$536,679	$91,293	$-47,273
2018	$445,541	$468,516	$138,566	$-22,975