QUALITY AFC HOMES INC

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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

1999

Legal Domicile

Principal Officer

DEGASHAW DENEKE

Phone

2484966904

Tax Period

2024-01-01 to 2024-12-31

Mission

ADULT FOSTER CARE FACILTY FOR THE DISABLED PERSONS

Program Service Accomplishments

Program 1

Expenses: $3,100

ORGANIZATION PROVIDES ROOM AND BOARD FOR OVER 35 DISABLED PERSONS. DUE TO FACILITY FIVE IN DEC 2020, NO PROGRAM SERVICES WERE PERFORMED IN 2022 WHILE FACILITY WAS RECONSTRUCTED.

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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 $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,100

Other Expenses $3,100

TOTAL EXPENSES $3,100

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	N/A	N/A
Expenses	$3,100	N/A	N/A
Net Income	N/A	N/A	N/A

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

N/A

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
BIGASHAW DENEKE	PRESIDENT	005.00	Officer Director	$0	$0	$0
KONJIT BITEW	VICE PRESIDENT	050.00	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	$3,100	$55,560	No data
2023	No data	No data	$61,760	No data
2022	No data	No data	$61,760	No data
2021	No data	$78,341	$61,760	No data
2020	$297,874	$312,055	$125,436	$-14,181
2019	$322,025	$318,318	$8,765	$3,707
2018	$258,999	$294,981	$10,839	$-35,982