Holistic Community Outreach Center Inc (EIN 364021862) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

THELMA CONNER

Phone

7734346370

Tax Period

2023-01-01 to 2023-12-31

Holistic Community Outreach Center Inc, founded in 1995, is a small nonprofit in the Health Care sector that reported $355K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $413K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE PRIMARY MISSION OF THE ORGANIZATION IS TO PROVIDE QUALITY DAY CARE SERVICES TO SENIORS IN THE COMMUNITY, MOSTLY INDIGENT. WE STRIVE TO PROVIDE QUALITY THERAPEUTIC SERVICES AND EDUCATIONAL ACTIVITIES IN WHICH EACH PERSON WILL BENEFIT & INDEPENDENTLY FUNCTION WE ALSO PROVIDE TRAINING FOR NURSING STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $230,301

Program Service Revenue $120,579

Investment Income $0

Other Revenue $4,150

TOTAL REVENUE $355,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,936

Fundraising Expenses $0

Program Expenses $312,122

Other Expenses $197,518

TOTAL EXPENSES $413,454

Year-over-Year Comparison

	2023	2022	Change
Revenue	$355,030	$318,272	+0.1%
Expenses	$413,454	$394,268	+0.0%
Net Income	$-58,424	$-75,996	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Mildred Jones	Director	1.00	Officer Director	$0	$0	$0
Aasia Khan	Director	1.00	Officer Director	$0	$0	$0
THELMA CONNER	Executive Dir.	40.00	Officer 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
2024	No data	No data	No data	No data
2023	$355,030	$413,454	$124,167	$-58,424
2022	$318,272	$394,268	$162,923	$-75,996
2021	$319,177	$326,184	$85,954	$-7,007
2020	$268,866	$320,967	$74,592	$-52,101
2019	$365,171	$358,405	$110,113	$6,766
2018	$391,456	$437,796	$69,919	$-46,340
2017	$453,173	$439,583	$165,263	$13,590

Holistic Community Outreach Center Inc