PARTNERSHIP FOR QUALITY HOME HEALTHCARE

EIN: 271784517 Community Improvement

WASHINGTON, DC

Total Revenue
$2,345,000
Total Expenses
$2,382,382
Total Assets
$337,293
Net Assets
$251,947
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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
2010
Legal Domicile
DC
Principal Officer
DAVID BAIADA
Phone
2026845497
Tax Period
2024-01-01 to 2024-12-31

PARTNERSHIP FOR QUALITY HOME HEALTHCARE, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

THE PARTNERSHIP IS DEDICATED TO WORKING WITH GOVERNMENT OFFICIALS TO DEVELOP INNOVATIVE REFORMS THAT WILL IMPROVE THE PROGRAM QUALITY AND EFFICIENCY OF HOME HEALTHCARE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,345,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,345,000

Expense Breakdown

Grants Paid $36,079
Salaries & Benefits $544,144
Fundraising Expenses $0
Other Expenses $1,802,159
TOTAL EXPENSES $2,382,382

Year-over-Year Comparison

2024 2023 Change
Revenue $2,345,000 $2,895,000 -0.2%
Expenses $2,382,382 $3,124,046 -0.2%
Net Income $-37,382 $-229,046 -0.8%
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

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Governance

Voting Members
10
Independent Members
10
Employees
1
Volunteers
10

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
3
$521,910
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW AGWUNOBI OUTGOING DIRECTOR 2.00
Director
$0 $0 $0
BARBARA JACOBSMEYER SECRETARY 2.00
Director
$0 $0 $0
CHRISTOPHER RINN DIRECTOR 2.00
Director
$0 $0 $0
DAVID BAIADA CHAIR 2.00
Officer Director
$0 $0 $0
DAVID KLEMENTZ OUTGOING DIRECTOR 2.00
Director
$0 $0 $0
EVERETT NEAL DIRECTOR 2.00
Director
$0 $0 $0
KEITH MYERS TREASURER 2.00
Officer Director
$0 $0 $0
KIRK ALLEN DIRECTOR 2.00
Director
$0 $0 $0
MIKE MCMAUDE DIRECTOR 2.00
Director
$0 $0 $0
NEIL PRUITT DIRECTOR 2.00
Director
$0 $0 $0
PAUL MASTRAPA DIRECTOR 2.00
Director
$0 $0 $0
TINA CONLON DIRECTOR 2.00
Director
$0 $0 $0
JOANNE E CUNNINGHAM CHIEF EXECUTIVE OFFICER 35.00
Officer
$521,910 $0 $521,910
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 $2,345,000 $2,382,382 $337,293 $-37,382
2023 $2,895,000 $3,124,046 $565,836 $-229,046
2022 $3,067,500 $3,654,533 $718,681 $-587,033
2021 $2,932,500 $2,619,166 $1,236,106 $313,334
2020 $2,780,000 $2,437,995 $898,524 $342,005
2019 $2,500,000 $2,387,873 $540,986 $112,127
2018 $1,885,760 $2,076,572 $442,184 $-190,812
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