BALTIMORE CARES INC (EIN 208139136) - 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

2007

Legal Domicile

Principal Officer

MICHAEL DOUGLAS

Tax Period

2023-07-01 to 2024-06-30

BALTIMORE CARES INC, founded in 2007, is a small nonprofit in the Education sector that reported $257K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $408K exceeded revenue, resulting in a 59% operating deficit.

Mission

The exempt purpose of Baltimore Cares, Inc. is provided mental health care for underserved population in Baltimore City. The organization caters to approximately 450 patients with a range of mental issues with the goal of rehabilitation to become productive members of community.

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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 $256,566

Investment Income $0

Other Revenue $0

TOTAL REVENUE $256,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $196,869

Fundraising Expenses $0

Program Expenses $218,071

Other Expenses $210,713

TOTAL EXPENSES $407,582

Year-over-Year Comparison

	2023	2022	Change
Revenue	$256,566	$588,715	-0.6%
Expenses	$407,582	$524,251	-0.2%
Net Income	$-151,016	$64,464	-3.3%

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
ANTHOMY C KNIGHT	DIRECTOR	5.00	Director	$0	$0	$0
LEROY SMITH	DIRECTOR	5.00	Director	$0	$0	$0
JUSTINE n EARL	DIRECTOR	5.00	Director	$0	$0	$0
ANNE L ALLEN	DIRECTOR	5.00	Director	$0	$0	$0
THEODORE F WILLIAMS	VICE PRESIDENT	5.00	Director	$0	$0	$0
YVETTE JEFFERSON	SECRETARY	10.00	Director	$0	$0	$0
MICHAEL DOUGLAS	PRESIDENT	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	$256,566	$407,582	$73,238	$-151,016
2023	$588,715	$524,251	$259,801	$64,464
2022	$527,720	$545,137	$200,884	$-17,417
2021	$489,619	$506,891	$168,423	$-17,272
2020	$622,264	$558,375	$134,641	$63,889
2019	$600,518	$735,725	$60,742	$-135,207
2018	$358,315	$362,256	$225,811	$-3,941

BALTIMORE CARES INC