CONCERNED HOME MANAGERS FOR THE ELDERLY (EIN 133275504) - 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

1986

Legal Domicile

Principal Officer

LAURA RADENSKY

Phone

2125147147

Tax Period

2024-01-01 to 2024-12-31

CONCERNED HOME MANAGERS FOR THE ELDERLY, founded in 1986, is a community nonprofit in the Human Services sector that reported $5.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

PROVIDE HOME CARE SERVICES AS WELL AS EMPLOYMENT AND PROFESSIONAL OPPORTUNITIES FOR HEALTH AIDES.

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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 $123,141

Program Service Revenue $5,501,891

Investment Income $8,295

Other Revenue $32,894

TOTAL REVENUE $5,666,221

Expense Breakdown

Grants Paid $3,520

Salaries & Benefits $4,978,046

Fundraising Expenses $0

Program Expenses $4,719,371

Other Expenses $562,585

TOTAL EXPENSES $5,544,151

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,666,221	$4,987,365	+0.1%
Expenses	$5,544,151	$4,714,896	+0.2%
Net Income	$122,070	$272,469	-0.6%

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

188

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

$209,078

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE KELLEN	CHAIR	1.00	Officer Director	$0	$0	$0
NANCY AIKENS	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
LEONARD BAYER	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL CHALMER	DIRECTOR	1.00	Director	$0	$0	$0
LAURA COLIN KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN KENNEY	DIRECTOR	1.00	Director	$0	$0	$0
LUCIA MCBEE	DIRECTOR	1.00	Director	$0	$0	$0
ALICIA WEISSMEIER	DIRECTOR	1.00	Director	$0	$0	$0
ABBE UDOCHI	DIRECTOR	1.00	Director	$0	$0	$0
ANTONIA BOWRING	DIRECTOR	1.00	Director	$0	$0	$0
LAURA RADENSKY	EXECUTIVE DIRECTOR	40.00	Officer	$202,702	$6,376	$209,078

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	$5,666,221	$5,544,151	$1,842,300	$122,070
2023	$4,987,365	$4,714,896	$1,803,138	$272,469
2022	$4,457,385	$4,718,777	$1,767,380	$-261,392
2021	$5,094,691	$4,884,300	$1,534,477	$210,391
2020	$4,127,835	$4,260,240	$2,008,662	$-132,405
2019	$4,720,052	$4,553,235	$1,473,006	$166,817
2018	$4,221,104	$3,957,064	$1,247,634	$264,040

CONCERNED HOME MANAGERS FOR THE ELDERLY