CARING HANDS AFC (EIN 383706933) - 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

2012

Legal Domicile

Principal Officer

ZAD WHITE

Phone

2486709787

Tax Period

2023-01-01 to 2023-12-31

CARING HANDS AFC, founded in 2012, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $687K, a strong 36% operating margin.

Mission

THE ORGANIZATION WAS CREATED TO PROVIDE AND OPERATE RESIDENTIAL FACILITIES FOR INDIVIDUALS WHO QUALIFY AS REQUIRING ASSISTED CARE AND CONSTANT SUPERVISION. THESE INDIVIDUALS ARE GENERALLY UNABLE TO CARE FOR THEMSELVES DUE TO MENTAL AND PHYSICAL HANDICAPS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,920,842

Investment Income $2,124

Other Revenue $0

TOTAL REVENUE $1,922,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $338,707

Fundraising Expenses $0

Program Expenses $1,136,410

Other Expenses $897,600

TOTAL EXPENSES $1,236,307

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,922,966	$1,165,776	+0.6%
Expenses	$1,236,307	$1,003,652	+0.2%
Net Income	$686,659	$162,124	+3.2%

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

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

$92,600

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LUCILLE BRIDGES	DIRECTOR	2.00	Director	$0	$0	$0
GEORGE MURRAY	DIRECTOR	2.00	Director	$0	$0	$0
LISA ROBERTSON	DIRECTOR	2.00	Director	$0	$0	$0
ZAD WHITE	EXECUTIVE DIRECTOR	50.00	Officer	$92,600	$0	$92,600

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	No data	No data	No data
2023	$1,922,966	$1,236,307	$1,476,504	$686,659
2022	$1,165,776	$1,003,652	$791,745	$162,124
2021	$1,319,445	$1,174,555	$633,637	$144,890
2020	$983,972	$1,023,616	$589,644	$-39,644
2019	$1,098,662	$1,022,635	$537,275	$76,027
2018	$965,445	$895,145	$447,748	$70,300

CARING HANDS AFC