LIVING RESOURCES HOME CARE AGENCY INC (EIN 141827190) - 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

1999

Legal Domicile

Principal Officer

ELIZABETH MARTIN

Phone

5182180000

Tax Period

2020-01-01 to 2020-12-31

LIVING RESOURCES HOME CARE AGENCY INC, founded in 1999, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2020. Revenue decreased 6% compared to the prior year. Expenses of $1.2M left a modest 12% surplus.

Mission

PROVIDE HOME CARE SERVICES TO INDIVIDUALS WHO ARE DEVELOPMENTALLY DISABLED, AND OTHERS WHO COULD BENEFIT FROM HOME CARE SERVICES PURSUANT TO ARTICLE 36 OF THE NEW YORK HEALTH LAW.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $929,480

Investment Income $428,940

Other Revenue $0

TOTAL REVENUE $1,358,420

Expense Breakdown

Grants Paid $0

Salaries & Benefits $908,799

Fundraising Expenses $0

Program Expenses $999,056

Other Expenses $289,467

TOTAL EXPENSES $1,198,266

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,358,420	$1,447,425	-0.1%
Expenses	$1,198,266	$1,655,885	-0.3%
Net Income	$160,154	$-208,460	-1.8%

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

$400,944

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED ERLICH	PRIOR CEO	5.00	Officer	$30,449	$17,974	$285,322
CLARE GRAHAM	CFO	2.00	Officer	$0	$0	$115,622
JOAN HEALEY	DIRECTOR	1.00	Director	$0	$0	$0
MARC LUSTICK	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH MARTIN	CEO	0.00	Director	$0	$0	$0
RICHARD MEREDAY	SECRETARY	1.00	Officer Director	$0	$0	$0
AMI SCHNAUBER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SMINGLER	DIRECTOR	1.00	Director	$0	$0	$0
DARRYL TEAL	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN WALSH	PRESIDENT	1.00	Officer 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
2020	$1,358,420	$1,198,266	$52,662	$160,154
2019	$1,447,425	$1,655,885	$233,352	$-208,460
2018	$1,506,180	$1,588,281	$206,359	$-82,101

LIVING RESOURCES HOME CARE AGENCY INC