KENNEDY'S CARE ENTERPRISE INC

EIN: 382950017 501(c)(3) Human Services

INKSTER, MI

Total Revenue
$4,178,858
Total Expenses
$4,025,575
Total Assets
$1,097,781
Net Assets
$1,088,299
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MI
Principal Officer
NAOMI KENNEDY
Phone
3132740044
Tax Period
2023-10-01 to 2024-09-30

KENNEDY'S CARE ENTERPRISE INC, founded in 1992, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 4% surplus.

Mission

KENNEDY'S CARE ENTERPRISE'S, INC. MISSION IS TO PROVIDE STRONG LEADERSHIP IN A COMPREHENSIVE SYSTEM, AND EXCELLENT RESIDENTIAL CARE SERVICES TO THE DEVELOPMENTALLY DISABLED AND MENTALLY ILL CLIENTS FROM SURROUNDING COMMUNITIES. KENNEDY'S CARE ENTERPRISE'S INC. EMPLOYEES WILL CONTINUE TO BE COMMITTED TO PROFESSIONISM AND SERVE OUR CLIENTS AND OTHER WITH COMPASSION, CARING, DIGNITY AND TO BE COOPERATIVE. OUR VISION WILL UNFOLD BY DELIVERING EXCELLENT SERVICES AND BY PROVIDING POSITIVE CHANGE IN THE LIVES OF OUR CUSTOMERS. THIS WILL RESULT IN THE CONTINUOUS PROCESS TO IMPROVE AND WILL INCREASE THE VALUE OF OUR SERVICE. AS KENNEDY'S CARE ENTERPRISE INC. STRIVES TO EXHIBIT THE HIGH QUALITY OF CARE AND SERVICES, WE WILL CONTINUE TO ACHIEVE. THE CHARACTER OF OUR PROGRAM AND ORGANIZATION ARE MEASURED ON THE INTEGRITY AND SATISFACTION OF THOSE WE SERVE WITHIN, THEREFORE, OUR MISSION AND VISION WILL GUIDE OUR ACTIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,178,858
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,178,858

Expense Breakdown

Grants Paid $5,327
Salaries & Benefits $3,023,962
Fundraising Expenses $0
Program Expenses $3,901,425
Other Expenses $996,286
TOTAL EXPENSES $4,025,575

Year-over-Year Comparison

2023 2022 Change
Revenue $4,178,858 $3,689,517 +0.1%
Expenses $4,025,575 $3,825,881 +0.1%
Net Income $153,283 $-136,364 -2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
4
Employees
92
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
4
$399,964
Total Directors
7
$399,964
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAOMI KENNEDY CEO 40.00
Officer Director
$283,691 $0 $283,691
ROSLYN REEVES PRESIDENT 40.00
Officer Director
$116,273 $0 $116,273
TRICIA EDWARDS SECRETARY 1.00
Officer Director
$0 $0 $0
SYLVIA CHARLES TREASURER 1.00
Officer Director
$0 $0 $0
MATTIE ORR CHAPLIN 1.00
Director
$0 $0 $0
JAQUETTA REEVES MEMBER 1.00
Director
$0 $0 $0
KIMBERLY ROBINSON MEMBER 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
2024 $4,178,858 $4,025,575 $1,097,781 $153,283
2023 $3,689,517 $3,825,881 $957,285 $-136,364
2022 $3,511,814 $3,480,355 $1,088,208 $31,459
2021 $3,451,881 $3,107,580 $1,056,189 $344,301
2020 $2,782,905 $2,939,718 $1,043,390 $-156,813
2019 $3,190,278 $2,889,947 $922,606 $300,331
2018 $2,569,742 $2,302,954 $646,638 $266,788
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