AGAPE CARES INC (EIN 201028159) - 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

2004

Legal Domicile

Principal Officer

Uchenna Ndubuisi

Tax Period

2023-01-01 to 2023-12-31

AGAPE CARES INC, founded in 2004, is a small nonprofit in the Human Services sector that reported $933K in total revenue in fiscal year 2023.

Mission

To provide quality residential services to adults with mental disability and illness in the Wayne County and surrounding areas.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $933,382

Investment Income $0

Other Revenue $0

TOTAL REVENUE $933,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $562,392

Fundraising Expenses $0

Program Expenses $820,771

Other Expenses $346,366

TOTAL EXPENSES $908,758

Year-over-Year Comparison

	2023	2022	Change
Revenue	$933,382	$905,483	+0.0%
Expenses	$908,758	$928,195	0.0%
Net Income	$24,624	$-22,712	-2.1%

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
Joachim Nwogu	Treasurer	0.00	Officer Director	$0	$0	$0
Francis Gilliam	Secretary	0.00	Officer Director	$0	$0	$0
Princess kennedy	Chairperson	0.00	Officer Director	$0	$0	$0
Uchenna Ndubuisi	Preident	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
2023	$933,382	$908,758	$249,244	$24,624
2022	$905,483	$928,195	$199,644	$-22,712
2021	$800,726	$747,250	$222,356	$53,476
2020	$573,800	$896,005	$10,000	$-322,205
2019	$560,000	$574,718	$500	$-14,718
2018	$577,000	$586,470	$5,803	$-9,470

AGAPE CARES INC