FARMINGTON HILLS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GF ADULT FOSTER CARE HOMES INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $300K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring.
Provide residential care for 3 to 8 mentally/physically challenged adults. The program includes 3 daily meals, group activities, group therapy, job training and related workshops and seminars. Our ultimate goal is to prepare the adults for independent living.
We successfully provided residential care to 3 adult mentally and physically challenged individuals. Our program provided three nutritional daily meals and snacks,job training, group...
We successfully provided residential care to 3 adult mentally and physically challenged individuals. Our program provided three nutritional daily meals and snacks,job training, group therapy/activities, work shop and seminars. We also provided bi-monthly in-house movies, bingo, card games and shopping trips as well as visits to grocers and fruit markets. We held monthly meetings repeating the proper way to wash hand, cough and sneeze along with wearing masks and keeping proper distances. Our goals are for everyone to practice the necessary precautions to eliminate/reduce the spread of congagious illness and to someday have tghe ability to live independently.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $299,961 | $427,576 | -0.3% |
| Expenses | $299,223 | $455,168 | -0.3% |
| Net Income | $738 | $-27,592 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ETHEL AYORINDE | PRESIDENT/CEO | 70 |
Officer
Highest
|
$62,134 | $0 | $62,134 |
| EMANUEL AYORINDE | CHAIRMAN BRD OF DIRECTOR | 48 |
Director
|
$0 | $0 | $0 |
| TEMITOPE FATIREGON | TREASURER | 32 |
Director
|
$0 | $0 | $0 |
| DANIEL AYORINDE | ADVISOR | 24 |
Director
|
$0 | $0 | $0 |
| BUSOLA ZANNU | SECRETARY | 24 |
Director
|
$0 | $0 | $0 |
| JUDE AYORINDE | SITE MANAGER | 60 |
Key Emp
|
$50,121 | $0 | $50,121 |
| ELIZABETH AYORINDE | CLINICAL INTAKE SPECIALIST | 60 |
Key Emp
|
$41,641 | $0 | $41,641 |
| MARY OBI | PATIENT DIRECT CARE LEADER | 48 |
Key Emp
|
$26,715 | $0 | $26,715 |
| KINGSLEY NWAKA | PATIENT DIRECT CARE | 40 |
Key Emp
|
$27,977 | $0 | $27,977 |
| PRECIOUS ALAWURU | PATIENT CARE ASSISTANT | 32 |
Key Emp
|
$17,337 | $0 | $17,337 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $299,961 | $299,223 | $27,792 | $738 |
| 2023 | $427,576 | $455,168 | $27,054 | $-27,592 |
Compare GF ADULT FOSTER CARE HOMES INC with other nonprofits in Michigan and across the country.