ShareCare of Leelanau Inc (EIN 383094734) - 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

1993

Legal Domicile

Phone

2312560221

Tax Period

2024-01-01 to 2024-12-31

ShareCare of Leelanau Inc, founded in 1993, is a small nonprofit in the Human Services sector that reported $332K in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $317K left a modest 4% surplus.

Mission

To facilitate connecting the Leelanau county community of seniors with services and activities that promote a healthy independent and fulfilled lifestyle while aging.

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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 $216,423

Program Service Revenue $93,907

Investment Income $18,713

Other Revenue $2,770

TOTAL REVENUE $331,813

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,146

Fundraising Expenses $0

Program Expenses $211,544

Other Expenses $117,876

TOTAL EXPENSES $317,022

Year-over-Year Comparison

	2024	2023	Change
Revenue	$331,813	$199,297	+0.7%
Expenses	$317,022	$272,060	+0.2%
Net Income	$14,791	$-72,763	-1.2%

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

105

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
Dawn Bousamara	Executive Director	35.00		$70,326	$0	$70,326
Pamela Agee	Director	1.00	Director	$0	$0	$0
Pam Bradshaw	Director	1.00	Director	$0	$0	$0
Diana Burton	Secretary	1.00	Officer Director	$0	$0	$0
Juliet Hafford	Director	1.00	Director	$0	$0	$0
Cliff Hale	Vice President	1.00	Officer Director	$0	$0	$0
Dale Lersch	President	2.00	Officer Director	$0	$0	$0
Karen Mulvahill	Director	1.00	Director	$0	$0	$0
Thomas Peterson	Treasurer	1.00	Officer Director	$0	$0	$0
Jan Rygwelski	Director	1.00	Director	$0	$0	$0
Michael Sheehan	Director	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	$331,813	$317,022	$347,127	$14,791
2023	$199,297	$272,060	$320,503	$-72,763
2022	$236,723	$282,498	$389,792	$-45,775
2021	$406,226	$282,943	$497,060	$123,283
2020	$300,062	$255,417	$381,910	$44,645
2019	$215,496	$231,196	$275,849	$-15,700

ShareCare of Leelanau Inc