FOUNDATION FOR EXCELLENCE IN LONG TERM CARE (EIN 251744103) - 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

1993

Legal Domicile

Principal Officer

MICHAEL JACOBS

Phone

7172217925

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR EXCELLENCE IN LONG TERM CARE, founded in 1993, is a small nonprofit in the Education sector that reported $385K in total revenue in fiscal year 2024. Expenses of $356K left a modest 7% surplus.

Mission

THE FOUNDATION FOR EXCELLENCE IN LONG TERM CARE, D/B/A THE "PHCA FOUNDATION" WAS ESTABLISHED IN 1993 AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO COLLECT FUNDS FROM GIFTS AND DONATIONS. THE PROCEEDS OF THE PHCA FOUNDATION ARE TO BE UTILIZED FOR THE EDUCATIONAL PURPOSES AND FOR FUNDING PROGRAMS AND PROJECTS TO ENHANCE THE QUALITY OF LIFE FOR THOSE INDIVIDUALS IN NEED OF LONG-TERM CARE SERVICES AS WELL AS TO ASSIST INDIVIDUALS WHO WISH TO PURSUE OR HAVE A CAREER IN LONG-TERM CARE TO THE BENEFIT OF PENNSYLVANIA'S VULNERABLE SENIORS.

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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 $0

Program Service Revenue $384,565

Investment Income $0

Other Revenue $0

TOTAL REVENUE $384,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303

Fundraising Expenses $0

Program Expenses $356,353

Other Expenses $356,050

TOTAL EXPENSES $356,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$384,565	$395,115	0.0%
Expenses	$356,353	$492,615	-0.3%
Net Income	$28,212	$-97,500	-1.3%

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

N/A

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

$495,420

Total Directors

$495,420

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACHARY SHAMBERG	PRESIDENT & CEO	1.00	Officer Director	$0	$45,420	$495,420
STEVEN TACK	CHAIR	0.50	Officer Director	$0	$0	$0
BILL WEISBERG	VICE CHAIR	0.50	Officer Director	$0	$0	$0
KERRI ROMES	SECRETARY/TREASURER	0.50	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	$384,565	$356,353	$68,004	$28,212
2023	$395,115	$492,615	$10,758	$-97,500
2022	$438,025	$483,620	$11,616	$-45,595
2021	$197,353	$246,560	$194,192	$-49,207
2020	$97,431	$126,424	$243,103	$-28,993
2019	$529,917	$427,942	$371,616	$101,975
2018	$412,864	$385,652	$278,885	$27,212

FOUNDATION FOR EXCELLENCE IN LONG TERM CARE