HOME-HEALTH CARE PARTNERS CORPORATION (EIN 141793415) - 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

1996

Legal Domicile

Principal Officer

KAREN CLARK

Phone

5188483277

Tax Period

2024-01-01 to 2024-12-31

HOME-HEALTH CARE PARTNERS CORPORATION, founded in 1996, is a small nonprofit in the Health Care sector that reported $201K in total revenue in fiscal year 2024. Revenue fell 87% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 438% operating deficit.

Mission

TO PROVIDE HOME HEALTH CARE SERVICES TO PRIVATE PAY INDIVIDUALS AND AGENCIES

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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 $193,871

Investment Income $7,016

Other Revenue $0

TOTAL REVENUE $200,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $440,779

Fundraising Expenses $0

Program Expenses $226,179

Other Expenses $640,996

TOTAL EXPENSES $1,081,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$200,887	$1,568,651	-0.9%
Expenses	$1,081,775	$2,135,624	-0.5%
Net Income	$-880,888	$-566,973	+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

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
KAREN CLARK	EXECUTIVE DI	40.00	Highest	$142,496	$0	$142,496
SARAH EIPP	PRESIDENT	N/A	Officer Director	$0	$0	$0
MEEGAN GOODMAN	TRUSTEE	N/A	Director	$0	$0	$0
MICHAEL OSTRANDER	TRUSTEE	N/A	Director	$0	$0	$0
GEOFF PECK	TRUSTEE	N/A	Director	$0	$0	$0
MARGARET ROWLEY	TRUSTEE	N/A	Director	$0	$0	$0
PATRICIA SANDERS	TRUSTEE	N/A	Director	$0	$0	$0
MELISSA STOCK	TRUSTEE	N/A	Director	$0	$0	$0
ALBERT TURO	TRUSTEE	N/A	Director	$0	$0	$0
KEITH WATERS	TRUSTEE	N/A	Director	$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	$200,887	$1,081,775	$7,765	$-880,888
2023	$1,568,651	$2,135,624	$995,365	$-566,973
2022	$1,598,226	$1,814,973	$1,738,112	$-216,747
2021	$2,369,547	$2,176,340	$2,177,120	$193,207
2020	$1,969,714	$2,292,855	$1,948,175	$-323,141
2019	$2,461,318	$2,503,341	$1,847,277	$-42,023

HOME-HEALTH CARE PARTNERS CORPORATION