ELDERCARE SOLUTIONS INC (EIN 233018057) - 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

RICHARD BERRIGAN

Tax Period

2023-01-01 to 2023-12-31

ELDERCARE SOLUTIONS INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 12% surplus.

Mission

ELDERCARE SOLUTIONS INC PROVIDES PA COURT APPOINTED GUARDIANSHIP SERVICES AND REPRESENTATIVE PAYEE POWER OF ATTORNEY SERVICES FOR ELDERLY INDIVIDUALS WHEN REQUESTED BY PA OFFICES OF AGING OR NURSING HOMES.

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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 $1,167,396

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,167,396

Expense Breakdown

Grants Paid $0

Salaries & Benefits $821,824

Fundraising Expenses $0

Program Expenses $743,391

Other Expenses $204,925

TOTAL EXPENSES $1,026,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,167,396	$681,632	+0.7%
Expenses	$1,026,749	$688,431	+0.5%
Net Income	$140,647	$-6,799	-21.7%

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

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

$54,587

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH L BERRIGAN	DIRECTOR	50.00	Highest	$96,800	$3,807	$100,607
RICHARD BERRIGAN	PRES TREAS	35.00	Officer	$48,000	$6,587	$54,587

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	No data	No data	No data	No data
2023	$1,167,396	$1,026,749	$260,316	$140,647
2022	$681,632	$688,431	$113,863	$-6,799
2021	$669,496	$678,749	$114,579	$-9,253
2020	$683,845	$657,156	$139,172	$26,689
2019	$630,717	$616,569	$131,331	$14,148
2018	$556,310	$564,424	$121,795	$-8,114

ELDERCARE SOLUTIONS INC