CARING ALTERNATIVES INC (EIN 382836571) - 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

1986

Legal Domicile

Principal Officer

SHARON WILLIAMS

Phone

7342428711

Tax Period

2020-01-01 to 2020-12-31

CARING ALTERNATIVES INC, founded in 1986, is a micro nonprofit that reported $5K in total revenue in fiscal year 2020. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $53K exceeded revenue, resulting in a 935% operating deficit.

Mission

IN HOME CARE, CHORE SERVICES AND WELLNESS SERVICES

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,064

Investment Income $208

Other Revenue $1,867

TOTAL REVENUE $5,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,937

Fundraising Expenses $0

Program Expenses $35,838

Other Expenses $43,245

TOTAL EXPENSES $53,182

Year-over-Year Comparison

	2020	2019	Change
Revenue	$5,139	$66,215	-0.9%
Expenses	$53,182	$113,391	-0.5%
Net Income	$-48,043	$-47,176	+0.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BUSHARAT AHMAD	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA DUSHANE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER BERRY	DIRECTOR	1.00	Director	$0	$0	$0
PETER FALES	CHAIRMAN	1.00	Officer	$0	$0	$0
BRAD SCHREIBER	VICE CHAIRMAN	1.00	Officer	$0	$0	$0
PATRICK BARLEY	SECRETARY	1.00	Officer	$0	$0	$0
EDDIE HARWOOD	TREASURER	1.00	Officer	$0	$0	$0
SHARON WILLIAMS	PRESIDENT	40.00	Officer	$0	$0	$0
DANIEL WILLIAMS	V PRESIDENT	1.00	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
2020	$5,139	$53,182	No data	$-48,043
2019	$66,215	$113,391	$49,659	$-47,176
2018	$79,677	$112,650	$94,973	$-32,973

CARING ALTERNATIVES INC