MIDWEST AFC HOMES INC (EIN 113812004) - 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

2006

Legal Domicile

Principal Officer

Ifeoma Uwachue

Phone

7343654707

Tax Period

2024-01-01 to 2024-12-31

MIDWEST AFC HOMES INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To provide a residential care services to adults with mental illness

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,499,292

Investment Income $12,065

Other Revenue $0

TOTAL REVENUE $1,511,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,082,075

Fundraising Expenses $0

Program Expenses $1,201,406

Other Expenses $395,003

TOTAL EXPENSES $1,477,078

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,511,357	$1,378,789	+0.1%
Expenses	$1,477,078	$1,347,673	+0.1%
Net Income	$34,279	$31,116	+0.1%

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

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
Caroline Onye	Treasurer	0.00	Director	$0	$0	$0
Walden Mabel	Director	0.00	Director	$0	$0	$0
Ifeoma Uwachue	CEO	40.00	Officer	$0	$0	$0
Okechukwu Wachuku	Secretary	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	$1,511,357	$1,477,078	$246,759	$34,279
2023	$1,378,789	$1,347,673	$212,480	$31,116
2022	$1,237,921	$1,205,423	$181,365	$32,498
2021	$963,013	$970,315	$148,868	$-7,302
2020	$852,899	$869,705	$160,268	$-16,806
2019	$809,928	$793,695	$172,975	$16,233
2018	$791,127	$724,526	$156,742	$66,601

MIDWEST AFC HOMES INC