SOLUTIONS FOR CARE (EIN 237176798) - 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

1972

Legal Domicile

Principal Officer

ANDREW BARONE

Phone

7084472448

Tax Period

2023-10-01 to 2024-09-30

SOLUTIONS FOR CARE, founded in 1972, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $3.4M left a modest 13% surplus.

Mission

PROVIDES SERVICES TO OLDER ADULTS 60+ YEARS OF AGE AND INDIVIDUALS LIVING WITH DISABILITIES AGES 18 - 59 YEARS OF AGE

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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 $3,857,835

Program Service Revenue $0

Investment Income $49,379

Other Revenue $-1,848

TOTAL REVENUE $3,905,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,526,148

Fundraising Expenses $64,286

Program Expenses $2,932,684

Other Expenses $868,961

TOTAL EXPENSES $3,395,109

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,905,366	$3,280,238	+0.2%
Expenses	$3,395,109	$2,876,807	+0.2%
Net Income	$510,257	$403,431	+0.3%

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

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

$224,609

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW BARONE	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRANDY BOLER-DANIELS	VICE -PRESIDENT	2.00	Officer Director	$0	$0	$0
MIGUEL ALBA	DIRECTOR	1.00	Director	$0	$0	$0
TRACY F PATTON	SECRETARY	2.00	Officer Director	$0	$0	$0
OLIVIA BAEZ	DIRECTOR	1.00	Director	$0	$0	$0
ADELA CARLIN	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA HOWE	DIRECTOR	1.00	Director	$0	$0	$0
ERIN EMERY-TIBURCIO	DIRECTOR	1.00	Director	$0	$0	$0
JORGE VELAZQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
YADIRA MONTOYA	DIRECTOR	1.00	Director	$0	$0	$0
MARYLOU LINARES	TREASURER	2.00	Officer Director	$0	$0	$0
JAMES FLAGG	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD JUAREZ SR	EXECUTIVE DIRECTOR	40.00	Officer	$133,370	$241	$133,611
CHRISTINE KOMPERDA	ASST. EXECUTIVE DIRECTOR	40.00	Officer	$86,409	$4,589	$90,998

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	$3,905,366	$3,395,109	$3,005,225	$510,257
2023	$3,280,238	$2,876,807	$2,641,276	$403,431
2022	$2,637,510	$2,059,450	$1,897,199	$578,060
2021	$2,138,686	$1,741,413	$1,286,211	$397,273
2020	$1,583,276	$1,453,244	$1,068,088	$130,032
2019	$1,490,011	$1,549,388	$663,629	$-59,377

SOLUTIONS FOR CARE