Northeast Ohio Home Care (EIN 341560246) - 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

1987

Legal Domicile

Principal Officer

Richard M Boyson Jr

Phone

4402358489

Tax Period

2022-07-01 to 2023-06-30

Northeast Ohio Home Care, founded in 1987, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 8% surplus.

Mission

Northeast Ohio Home Care both facilitates and synergizes At Home services so that individuals residing in their homes in the community can maintain their independence and continue to live full, satisfying lives for as long as possible.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,275,210

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,275,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $962,838

Fundraising Expenses $0

Program Expenses $1,820,587

Other Expenses $1,131,080

TOTAL EXPENSES $2,093,918

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,275,210	$1,971,973	+0.2%
Expenses	$2,093,918	$1,711,596	+0.2%
Net Income	$181,292	$260,377	-0.3%

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

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
Richard M Boyson Jr	Treasurer	1.00	Officer Director	$0	$0	$0
Allison Q Salopeck	President	1.00	Officer Director	$0	$0	$0
David A Oster	Secretary	1.00	Officer Director	$0	$0	$0
John Stoner	Trustee	1.00	Director	$0	$0	$0
Phyllis Dillman	Trustee	1.00	Director	$0	$0	$0
Pam Macura	Trustee	1.00	Director	$0	$0	$0
Ken Misener	Trustee	1.00	Director	$0	$0	$0
Margaret Weitzel	Trustee	1.00	Director	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,275,210	$2,093,918	$666,819	$181,292
2022	$1,971,973	$1,711,596	$502,094	$260,377
2021	$1,428,377	$2,878,697	$432,104	$-1,450,320
2020	$1,183,683	$1,890,559	$1,002,138	$-706,876
2019	$5,839,645	$2,251,836	$971,002	$3,587,809
2018	$2,333,975	$3,031,687	$1,237,168	$-697,712

Northeast Ohio Home Care