WESTCARE OHIO INC (EIN 311508554) - 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

RICHARD STEINBERG

Phone

9372591898

Tax Period

2024-07-01 to 2025-06-30

WESTCARE OHIO INC, founded in 1997, is a community nonprofit in the Health Care sector that reported $7.3M in total revenue in fiscal year 2024. Revenue surged 200% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.5M, a strong 61% operating margin.

Mission

TO PROVIDE SERVICES THAT HELP TO CLOSE THE ACADEMIC ACHIEVEMENT GAP, AND PROMOTE POSITVE SOCIAL AND EMOTIONAL DEVELOPMENT IN ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS; PROVIDE PARENT EDUCATION AND WRAP AROUND SOCIAL SERVICES FOR FAMILIES WITH CHILDREN; PROVIDE SOCIAL SUPPORTS FOR FRAIL ELEDERLY PERSONS;PROVIDE PROGRAMS THAT BUILD SOCIAL CAPITAL AMONG RESIDNETS; ENABLE PERSONS WTH PHYSICAL, MENTAL HEALTH AND SUBSTANCE ABUSE ISSUES TO ACCESS TREATMENT; PROVIDE PEER SUPPORTERS FOR PERSONS STRUGGLING WITH RECOVERY; PROVIDE WORK READINESS SERVICES FOR JOB SEEKERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,293,653

Program Service Revenue $0

Investment Income $114

Other Revenue $0

TOTAL REVENUE $7,293,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,444,775

Fundraising Expenses $0

Program Expenses $2,131,744

Other Expenses $1,397,547

TOTAL EXPENSES $2,842,322

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,293,767	$2,431,507	+2.0%
Expenses	$2,842,322	$2,640,407	+0.1%
Net Income	$4,451,445	$-208,900	-22.3%

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

Employees

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
DR GARY LEROY	Chairman	1.00	Officer Director	$0	$0	$0
JAMES WADHAMS	Director	1.00	Director	$0	$0	$0
THOMAS WALSH II	Director	1.00	Director	$0	$0	$0
FRANK V SURICO	VICE CHAIRMAN	40.00	Director	$0	$0	$0
MARY AY OKADA	Director	1.00	Director	$0	$0	$0
SCOTT MUMPOWER	VICE CHAIRMAN	1.00	Director	$0	$0	$0
WILLIAM EKSTROM JR	Director	1.00	Director	$0	$0	$0
RICHARD STEINBERG	President	1.00	Officer Director	$0	$0	$0
KEN ORTBALS	CEO	1.00	Officer Director	$0	$0	$0
LINDA ERATH	SEC.TREASURER	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
2025	$7,293,767	$2,842,322	$6,551,941	$4,451,445
2024	$2,431,507	$2,640,407	$4,309,190	$-208,900
2023	$2,329,708	$2,449,265	$3,398,647	$-119,557
2022	$2,032,788	$2,063,827	$2,120,892	$-31,039
2021	$2,051,954	$2,008,421	$1,552,756	$43,533
2021	$2,051,954	$2,008,421	$1,552,756	$43,533
2020	$1,934,345	$1,816,674	$1,388,052	$117,671
2020	$1,934,345	$1,816,674	$1,388,052	$117,671
2019	$1,682,545	$1,836,443	$1,049,353	$-153,898
2018	$1,476,199	$1,730,039	$1,018,915	$-253,840

WESTCARE OHIO INC