Caring Residential Services IV Inc (EIN 261698575) - 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

2007

Legal Domicile

Principal Officer

Brian P Curran

Phone

6094847050

Tax Period

2022-04-01 to 2023-03-31

Caring Residential Services IV Inc, founded in 2007, is a micro nonprofit that reported $32K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $50K exceeded revenue, resulting in a 54% operating deficit.

Mission

Caring Residential Services IV, Inc. is a Christian based organization serving the frail, impaired aged and disabled, young adults.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $32,335

Investment Income $5

Other Revenue $0

TOTAL REVENUE $32,340

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,949

Fundraising Expenses $0

Program Expenses $39,825

Other Expenses $33,883

TOTAL EXPENSES $49,832

Year-over-Year Comparison

	2022	2021	Change
Revenue	$32,340	$35,010	-0.1%
Expenses	$49,832	$50,612	0.0%
Net Income	$-17,492	$-15,602	+0.1%

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

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

$2,391,824

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bob Conover	Board Vice Chair	0.50	Officer Director	$0	$0	$0
N Lynne Hughes Esq	Board Secretary	0.50	Officer Director	$0	$0	$0
James Darcy	Board Chair	0.50	Officer Director	$0	$0	$0
Joseph Dougherty Esq	Pres and Exec Director Ope	0.50	Officer	$0	$157,953	$760,062
Brian P Curran	VP and Exec Director Finan	0.50	Officer	$0	$147,741	$686,013
Thomas Thompson	Controller	0.50	Officer	$0	$112,516	$461,955
Barbara A Jewell	Director of Operations and	0.50	Officer	$0	$12,406	$44,191
Naomi Miller	Project Director	0.50	Officer	$0	$96,583	$439,603
Frank A Bellis Jr	Board Chair	0.50	Officer	$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
2023	$32,340	$49,832	$603,397	$-17,492

Caring Residential Services IV Inc