Hudson, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Community Aging and Retirement Services Inc, founded in 1973, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 12% operating deficit.
CARES promotes the quality of life and independence for adults and seniors through health social and supportive services.
This program funded by grants and fees offers in-home support services to elderly clients to avoid institutionalization. Services provided encompass homemaking personal care respite care for...
This program funded by grants and fees offers in-home support services to elderly clients to avoid institutionalization. Services provided encompass homemaking personal care respite care for caregivers companionship home-delivered meals emergency alert response units medical transportation and financial risk reduction. In total 65,252 units of service were delivered to 642 clients.
CARES Senior Centers enrich the lives of older adults by providing diverse social recreational wellness computer literacy and educational programs. In 2023 1200 clients were served.
This program is funded by Federal State and local sources. It offers a variety of health social and related support services to adults with functional or cognitive impairments. These services are...
This program is funded by Federal State and local sources. It offers a variety of health social and related support services to adults with functional or cognitive impairments. These services are provided at community-based Adult Day Care Centers situated in East Pasco Dade City and West Pasco New Port Richey in Pasco County.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,995,268 | $3,791,468 | -0.2% |
| Expenses | $3,368,634 | $4,349,071 | -0.2% |
| Net Income | $-373,366 | $-557,603 | -0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jemith Rosa | President and CEO | 45.00 |
Officer
Director
|
$123,601 | $0 | $130,473 |
| Michael Neumann | CFO | 40.00 |
Officer
Director
|
$103,331 | $0 | $110,858 |
| Rick Sorriano | Chairman of the Boarf | 1.00 |
Director
|
$0 | $0 | $0 |
| Barbara Sharp | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Clark | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lisa Parisi | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chris Kaduk | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Martin Macyszyn | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Longspaugh | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Alvin Hagerich CPA | Treasurer | 1.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $2,995,268 | $3,368,634 | $2,594,573 | $-373,366 |
| 2022 | $3,779,153 | $4,349,071 | $2,862,129 | $-569,918 |
| 2021 | $3,286,951 | $3,529,215 | $3,181,335 | $-242,264 |
| 2020 | $3,725,758 | $3,199,357 | $3,581,863 | $526,401 |
| 2019 | $4,580,829 | $3,486,939 | $3,056,263 | $1,093,890 |
| 2018 | $4,628,089 | $4,852,521 | $2,452,175 | $-224,432 |
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