ENHANCE INC (EIN 382580202) - 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

1984

Legal Domicile

Principal Officer

SCOTT A CARTER

Phone

2489803312

Tax Period

2024-10-01 to 2025-09-30

ENHANCE INC, founded in 1984, is a small nonprofit in the Human Services sector that reported $510K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $571K exceeded revenue, resulting in a 12% operating deficit.

Mission

ADULT FOSTER CARE SERVICES IN SOUTHEAST MICHIGAN TO DEVELOP MENTALLY DISABLED INDIVIDUALS AND RECREATIONAL SERVICES TO DISABLED VETERANS.

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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 $0

Investment Income $510,497

Other Revenue $0

TOTAL REVENUE $510,497

Expense Breakdown

Grants Paid $0

Salaries & Benefits $347,392

Fundraising Expenses $0

Program Expenses $2,829

Other Expenses $223,549

TOTAL EXPENSES $570,941

Year-over-Year Comparison

	2024	2023	Change
Revenue	$510,497	$1,002,997	-0.5%
Expenses	$570,941	$560,972	+0.0%
Net Income	$-60,444	$442,025	-1.1%

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

$248,525

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT A CARTER	PRESIDENT	40.00	Officer	$248,525	$0	$248,525
KRISTIE KOZARA	TREASURER	N/A	Officer	$0	$0	$0
MICHAEL KOZARA	SECRETARY	N/A	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
2025	$510,497	$570,941	$5,804,541	$-60,444
2024	$1,002,997	$560,972	$5,864,985	$442,025
2023	$437,969	$720,968	$5,422,914	$-282,999
2022	$31	$1,527,628	$5,705,997	$-1,527,597
2021	$760,149	$453,777	$7,232,595	$306,372
2020	$373,003	$768,529	$6,926,223	$-395,526
2019	$1,464,836	$1,614,981	$7,354,782	$-150,145
2018	$8,265,573	$8,048,489	$7,719,364	$217,084

ENHANCE INC