MCCORMICK CHILDRENS HOME INC (EIN 311502578) - 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

1997

Legal Domicile

Principal Officer

TOM LOVE

Tax Period

2017-07-01 to 2018-06-30

MCCORMICK CHILDRENS HOME INC, founded in 1997, is a small nonprofit that reported $352K in total revenue in fiscal year 2017. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $336K left a modest 4% surplus.

Mission

MCCORMICK COUNTY CHILDRENS HOME PROVIDES EMERGENCY RESIDENTIAL CARE FOR ABUSED, NEGLECTED OR ABANDONED CHILDREN FROM THROUGHOUT THE STATE OF SOUTH CAROLINA. THE CHILDREN AT THE HOME RANGE IN AGE FROM BIRTH TO 17 YEARS OLD.

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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 (2017)

Revenue Breakdown

Contributions & Grants $29,628

Program Service Revenue $318,150

Investment Income $29

Other Revenue $4,049

TOTAL REVENUE $351,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $247,540

Fundraising Expenses $4,228

Program Expenses $289,852

Other Expenses $88,906

TOTAL EXPENSES $336,446

Year-over-Year Comparison

	2017	2016	Change
Revenue	$351,856	$229,532	+0.5%
Expenses	$336,446	$340,514	0.0%
Net Income	$15,410	$-110,982	-1.1%

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

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

$48,925

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN BAILEY	MEMBER	1.00	Director	$0	$0	$0
EVELYN WARDLAW	MEMBER	1.00	Director	$0	$0	$0
FAYE PUCKETT	MEMBER	1.00	Director	$0	$0	$0
M JAY HANNA	MEMBER	1.00	Director	$0	$0	$0
LAURIE FRANKLIN	EXECUTIVE DIRECTOR	40.00	Officer	$48,925	$0	$48,925
JUDY REICHARD	SECRETARY	1.00	Officer	$0	$0	$0
KATHY LOVE	TREASURER	1.00	Officer	$0	$0	$0
TOM LOVE	CHAIRPERSON	1.00	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
2018	$351,856	$336,446	$292,945	$15,410

MCCORMICK CHILDRENS HOME INC