The CARE Center (EIN 311745581) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

Andrea Bridges

Phone

2567232273

Tax Period

2024-01-01 to 2024-12-31

The CARE Center, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2018. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

The CARE Center seeks to empower our neighbors in southeastern Madison County, Alabama, through education, employment recovery, and crisis support.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,202,519

Program Service Revenue $1,031,643

Investment Income $3,082

Other Revenue $0

TOTAL REVENUE $2,237,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,460,756

Fundraising Expenses $53,222

Program Expenses $2,034,785

Other Expenses $772,069

TOTAL EXPENSES $2,232,825

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,237,244	$2,051,599	+0.1%
Expenses	$2,232,825	$2,054,254	+0.1%
Net Income	$4,419	$-2,655	-2.7%

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

325

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

$77,820

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Josh Meharg	President	4.00	Officer Director	$0	$0	$0
Andrea Bridges	Executive Director	40.00	Key Emp	$77,820	$0	$77,820
Joseph Conwell	President elect	4.00	Officer Director	$0	$0	$0
Steve Cayson	Past President	4.00	Officer Director	$0	$0	$0
Rob Hallet	Treasurer	4.00	Officer Director	$0	$0	$0
Bernadette Berens	Secretary	4.00	Officer Director	$0	$0	$0
Dr Matt Clayton	Member	2.00	Director	$0	$0	$0
Dr Alan Baggett	Past President	2.00	Director	$0	$0	$0
Lee Holland	Past President	2.00	Director	$0	$0	$0
Allan Waggoner	Member	2.00	Director	$0	$0	$0
Grant Preston	Member	2.00	Director	$0	$0	$0
Tanya Segars	Member	2.00	Director	$0	$0	$0
Matt Tandy	Member	2.00	Director	$0	$0	$0
Ben Rabb	Member	2.00	Director	$0	$0	$0
Shane DeBusk	Member	2.00		$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	$2,237,244	$2,232,825	$1,266,885	$4,419
2023	$2,051,599	$2,054,254	$1,276,821	$-2,655
2022	$1,737,261	$1,673,078	$1,562,783	$64,183
2021	$1,475,224	$1,171,260	$1,452,771	$303,964
2020	$1,125,770	$783,578	$979,601	$342,192
2019	$1,092,407	$1,143,882	$564,450	$-51,475
2018	$1,062,249	$1,047,374	$628,710	$14,875

The CARE Center