EVANGEL HEALTHCARE CHARITIES INC

EIN: 412034881 501(c)(3) Human Services

Houston, TX

Total Revenue
$4,218,864
Total Expenses
$4,309,604
Total Assets
$262,449
Net Assets
$-409,408
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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
2003
Legal Domicile
TX
Principal Officer
NNAEMEKA ODUNZE
Phone
7139236620
Tax Period
2023-01-01 to 2023-12-31

EVANGEL HEALTHCARE CHARITIES INC, founded in 2003, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2023.

Mission

Served approximately 395 healthcare patients. Was able to provide much needed assisstance with medication, supplies and therapy 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,138,265
Investment Income $80,599
Other Revenue $0
TOTAL REVENUE $4,218,864

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,786,018
Fundraising Expenses $0
Program Expenses $4,000,178
Other Expenses $1,523,586
TOTAL EXPENSES $4,309,604

Year-over-Year Comparison

2023 2022 Change
Revenue $4,218,864 $4,304,832 0.0%
Expenses $4,309,604 $4,045,129 +0.1%
Net Income $-90,740 $259,703 -1.3%
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

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Governance

Voting Members
5
Independent Members
N/A
Employees
240
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
2
$126,824
Total Directors
0
$0
Key Employees
2
$126,824
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERCY IROH PRESIDENT 040.00
Officer Key Emp Highest
$96,108 $0 $96,108
HANNAH HONEYCUTT ADMINISTRATOR 020.00
Officer Key Emp
$30,716 $0 $30,716
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 $4,218,864 $4,309,604 $262,449 $-90,740
2022 $4,304,832 $4,045,129 $525,032 $259,703
2021 $3,859,603 $4,036,281 $305,934 $-176,678
2020 $3,866,830 $3,903,897 $676,700 $-37,067
2019 $3,229,793 $3,203,412 $426,402 $26,381
2018 $3,400,882 $3,529,312 $422,822 $-128,430
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