Centers For Care Health Plan co Centers for Care LLC (EIN 263625698) - 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

2009

Legal Domicile

Principal Officer

Kenneth Rozenberg

Phone

7189319700

Tax Period

2023-10-01 to 2024-09-30

Centers For Care Health Plan co Centers for Care LLC, founded in 2009, is a mid-sized nonprofit in the Mutual Benefit sector that reported $32.4M in total revenue in fiscal year 2023. The organization ran a surplus of $9.2M, a strong 28% operating margin.

Mission

To Fund Benefit Expenses

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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 $0

Program Service Revenue $29,233,644

Investment Income $3,153,107

Other Revenue $0

TOTAL REVENUE $32,386,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,236,055

Other Expenses $2,101,362

TOTAL EXPENSES $23,236,055

Year-over-Year Comparison

	2023	2022	Change
Revenue	$32,386,751	$34,018,702	0.0%
Expenses	$23,236,055	$20,402,436	+0.1%
Net Income	$9,150,696	$13,616,266	-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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Rozenberg	Trustee	5.00	Director	$0	$0	$0
Amir Abramchik	Trustee	5.00	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	$32,386,751	$23,236,055	$82,347,890	$9,150,696
2023	$34,018,702	$20,402,436	$72,495,371	$13,616,266
2023	$33,835,978	$20,219,712	$72,495,371	$13,616,266
2022	$27,328,693	$18,674,824	$58,089,772	$8,653,869
2021	$33,212,808	$17,780,560	$49,972,187	$15,432,248
2020	$24,931,286	$17,138,869	$35,833,339	$7,792,417

Centers For Care Health Plan co Centers for Care LLC