Franklin County Home Health Agency Inc (EIN 237076401) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

Sara King

Phone

8025277531

Tax Period

2023-07-01 to 2024-06-30

Franklin County Home Health Agency Inc, founded in 1969, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $4.9M exceeded revenue, resulting in a 13% operating deficit.

Mission

We provide high quality health care programs and related support services in a community setting. We are committed to excellence in service. We strive to meet the needs of our clients in a professional manner that promotes health, independence, comfort, dignity and quality of life.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $69,261

Program Service Revenue $3,838,073

Investment Income $393,950

Other Revenue $1,890

TOTAL REVENUE $4,303,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,001,037

Fundraising Expenses $0

Program Expenses $2,190,856

Other Expenses $1,869,897

TOTAL EXPENSES $4,870,934

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,303,174	$9,665,729	-0.6%
Expenses	$4,870,934	$9,209,531	-0.5%
Net Income	$-567,760	$456,198	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

102

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

$150,570

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Corey Parent	Chair	2.00	Officer Director	$0	$0	$0
Jennifer Archambault	Vice Chair	2.00	Officer Director	$0	$0	$0
Chip Sawyer	Director	2.00	Director	$0	$0	$0
Elizabeth Gamache	Director	2.00	Director	$0	$0	$0
Stacey Remillard	Director	2.00	Director	$0	$0	$0
Ashley Bartley	Past Director	2.00	Director	$0	$0	$0
Lesley Hendry	Past Director	2.00	Director	$0	$0	$0
Derek Hoy	Past Director	2.00	Director	$0	$0	$0
Lorraine Jenne	Past Director	2.00	Director	$0	$0	$0
Michelle Sawyer	Past Director	2.00	Director	$0	$0	$0
Judy Zsoldos	Past Director	2.00	Director	$0	$0	$0
Jason Dessureault	FD/Treasuer	40.00	Officer	$128,361	$22,209	$150,570
Sara King	CEO	5.00	Officer	$0	$0	$0
Emma Cushing	Past RN	40.00	Highest	$116,225	$36,093	$152,318
Lynn Dodd	Past RN Mgr	40.00	Highest	$111,757	$22,860	$134,617
Heather Hughes	RN/Hospice	40.00	Highest	$105,095	$14,510	$119,605

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	$4,303,174	$4,870,934	$1,046,054	$-567,760
2023	$9,665,729	$9,209,531	$3,034,165	$456,198
2022	$8,692,379	$9,399,400	$2,521,274	$-707,021
2021	$10,716,919	$9,650,738	$4,422,259	$1,066,181
2020	$9,422,284	$9,277,963	$4,658,357	$144,321
2019	$8,746,326	$8,715,517	$2,150,449	$30,809

Franklin County Home Health Agency Inc