GARCES RESIDENTIAL CARE SERVICES (EIN 330955048) - 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

2001

Legal Domicile

Phone

9093768151

Tax Period

2024-01-01 to 2024-12-31

GARCES RESIDENTIAL CARE SERVICES, founded in 2001, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024.

Mission

THIS ORGANIZATIONS MISSION IS TO PROVIDE RESIDENTIAL CARE FACILITIES TO CHILDREN WHO HAVE BEEN SEPARATED FROM THEIR BIOLOGICAL PARENTS. THEY PROVIDE 24 HOURS CHILDCARE SUPERVISION, HOUSING, FOOD AND CLOTHING

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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 $0

Program Service Revenue $1,762,357

Investment Income $0

Other Revenue $33,905

TOTAL REVENUE $1,796,262

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,341,914

Fundraising Expenses $0

Program Expenses $1,513,976

Other Expenses $492,878

TOTAL EXPENSES $1,834,792

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,796,262	$1,746,463	+0.0%
Expenses	$1,834,792	$1,732,139	+0.1%
Net Income	$-38,530	$14,324	-3.7%

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

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

$185,475

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLOS GARCES	PRESDIENT & CEO	40.00	Officer	$185,475	$0	$185,475
CHRIS GARCIA	DIRECTOR	0.00	Director	$0	$0	$0
ANNA MARIE SIMS	SECRETARY	0.00	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
2024	$1,796,262	$1,834,792	$436,640	$-38,530
2023	$1,746,463	$1,732,139	$505,357	$14,324
2022	$1,555,871	$1,459,064	$453,209	$96,807
2021	$1,289,257	$1,295,061	$351,959	$-5,804
2020	$1,138,597	$1,060,401	$213,469	$78,196
2019	$841,778	$825,750	$141,148	$16,028
2018	$699,746	$677,342	$105,223	$22,404

GARCES RESIDENTIAL CARE SERVICES