JOSEPH AND SARAH CARING FOR VETS INC (EIN 272312130) - 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

2010

Legal Domicile

Principal Officer

Denise Grayer

Phone

4043691141

Tax Period

2022-01-01 to 2022-12-31

JOSEPH AND SARAH CARING FOR VETS INC, founded in 2010, is a micro nonprofit in the Human Services sector that reported $22K in total revenue in fiscal year 2022. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 57% operating deficit.

Mission

PROVIDE TRANSITIONAL HOUSING TO CHRONICALLY HOMELESS VETERANS IN AN EFFORT TO ASSIST THEM IN RETURNING TO PERMANENT HOUSING.

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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 $19,239

Program Service Revenue $2,655

Investment Income $0

Other Revenue $0

TOTAL REVENUE $21,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,144

Program Expenses $30,132

Other Expenses $34,354

TOTAL EXPENSES $34,354

Year-over-Year Comparison

	2022	2021	Change
Revenue	$21,894	$56,068	-0.6%
Expenses	$34,354	$36,606	-0.1%
Net Income	$-12,460	$19,462	-1.6%

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

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
LAN NGYUEN	BOARD VICE PRESIDENT	6	Director	$0	$0	$0
JAMES DAVENPORT	TREASURER	5	Director	$0	$0	$0
ROBERT JONES	SECRETARY	6	Director	$0	$0	$0
JOHN EDGECOMBE	BOARD MEMBER	5	Director	$0	$0	$0
CURTIS GRAYER	BOARD MEMBER	3	Director	$0	$0	$0
CYNTHIA BARREN	BOARD MEMBER	5	Director	$0	$0	$0
DENISE LEAK	EXECUTIVE DIRECTOR	40	Director	$0	$0	$0
BRANDY HORTON	BOARD PRESIDENT	10		$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	No data	No data	No data	No data
2022	$21,894	$34,354	$72,898	$-12,460
2021	$56,068	$36,606	$85,358	$19,462
2020	$61,897	$23,055	$77,684	$38,842

JOSEPH AND SARAH CARING FOR VETS INC