THE CARING PLACE INC (EIN 232859960) - 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

MARRY ELLEN GRIFFIN

Phone

6104335683

Tax Period

2024-01-01 to 2024-12-31

THE CARING PLACE INC, founded in 1996, is a small nonprofit in the Youth Development sector that reported $109K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $174K exceeded revenue, resulting in a 60% operating deficit.

Mission

THE ORGANIZATIONS MISSION IS TO PROVIDE A YOUTH DEVELOPMENT CENTER FOR TEENS AND YOUNG CHILDREN AGES 6 TO 18

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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 $108,955

Program Service Revenue $0

Investment Income $28

Other Revenue $0

TOTAL REVENUE $108,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,583

Fundraising Expenses $0

Program Expenses $113,905

Other Expenses $120,638

TOTAL EXPENSES $174,221

Year-over-Year Comparison

	2024	2023	Change
Revenue	$108,983	$71,209	+0.5%
Expenses	$174,221	$260,581	-0.3%
Net Income	$-65,238	$-189,372	-0.7%

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

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
STEPHEN GRIFFIN	BOARD MEMBER	2.00	Director	$0	$0	$0
LUIS BARDALES	BOARD MEMBER	2.00	Director	$0	$0	$0
URIEL TRUJI DR	BOARD MEMBER	2.00	Director	$0	$0	$0
TREMAYNE TATUM	BOARD MEMBER	2.00	Director	$0	$0	$0
RONALD FOSTER	BOARD MEMBER	2.00	Director	$0	$0	$0
DORNA FLASH ARMBRISTER	VICE PRESIDENT	1.00	Director	$0	$0	$0
MARY GRIFFIN	SECRETARY	40.00	Officer Director	$0	$0	$0
STEPHEN WALKER	PRESIDENT	2.00	Officer Director	$0	$0	$0
RODNEY BELL	TREASURER	2.00	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
2024	$108,983	$174,221	$291,116	$-65,238
2023	$71,209	$260,581	$290,823	$-189,372
2022	$140,399	$329,110	$350,947	$-188,711
2021	$443,590	$269,588	$526,285	$174,002
2020	$257,606	$123,600	$360,099	$134,006
2018	$74,456	$163,933	$163,667	$-89,477
2017	$173,074	$177,762	$145,924	$-4,688

THE CARING PLACE INC