GF ADULT FOSTER CARE HOMES INC (EIN 320163848) - 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

2007

Legal Domicile

Principal Officer

ETHEL AYORINDE

Phone

2489100575

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

Provide residential homecare for 3 adult mentally/physically challenged adults. Program includes meals, group activities, group therapy job training to prepare for independent living.

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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 $299,961

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $299,961

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,552

Fundraising Expenses $0

Program Expenses $239,475

Other Expenses $63,671

TOTAL EXPENSES $299,223

Year-over-Year Comparison

	2024	2023	Change
Revenue	$299,961	$427,576	-0.3%
Expenses	$299,223	$455,168	-0.3%
Net Income	$738	$-27,592	-1.0%

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

$62,134

Total Directors

Key Employees

$163,791

Highest Compensated

reported

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

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	$299,961	$299,223	$27,792	$738
2023	$427,576	$455,168	$27,054	$-27,592

GF ADULT FOSTER CARE HOMES INC