CARESTL HEALTH (EIN 430917230) - 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

1969

Legal Domicile

Principal Officer

ANGELA CLABON

Phone

3143675820

Tax Period

2023-01-01 to 2023-12-31

CARESTL HEALTH, founded in 1969, is a mid-sized nonprofit that reported $35.5M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $32.7M left a modest 8% surplus.

Mission

TO PROVIDE HEALTHCARE SERVICES, MEDICAL COUNSELING AND WELLNESS EDUCATION FOR LOW INCOME INDIVIDUALS.

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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 $10,304,260

Program Service Revenue $24,828,861

Investment Income $17,821

Other Revenue $372,209

TOTAL REVENUE $35,523,151

Expense Breakdown

Grants Paid $3,132

Salaries & Benefits $21,567,191

Fundraising Expenses $0

Program Expenses $25,574,324

Other Expenses $11,114,279

TOTAL EXPENSES $32,684,602

Year-over-Year Comparison

	2023	2022	Change
Revenue	$35,523,151	$30,721,549	+0.2%
Expenses	$32,684,602	$28,664,823	+0.1%
Net Income	$2,838,549	$2,056,726	+0.4%

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

292

Volunteers

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

$2,741,186

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARA WEBB	SECRETARY (TERM END)	1.00	Officer Director	$0	$0	$0
CHRISENA BROWN	TREASURER	1.00	Officer Director	$0	$0	$0
FLORA ROBINSON	MEMBER	1.00	Director	$0	$0	$0
DARRELL HUDSON	MEMBER	1.00	Director	$0	$0	$0
TIFFANY PAUL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
VIDA PAUL-PERRY	SECRETARY	1.00	Officer Director	$0	$0	$0
BONNIE WOODS	MEMBER	1.00	Director	$0	$0	$0
KAREN JONES	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DR EVA AAGAARD	MEMBER	1.00	Director	$0	$0	$0
LATRELL HAYES	MEMBER	1.00	Director	$0	$0	$0
DR RANDI FORAKER	MEMBER	1.00	Director	$0	$0	$0
FLOYD LEWIS	MEMBER (TERM END 9/23)	1.00	Director	$0	$0	$0
AARON CRAIG	MEMBER	1.00	Director	$0	$0	$0
WILLIAM DAILEY	MEMBER	1.00	Director	$0	$0	$0
CORLISS HUDDLESTON	MEMBER	1.00	Director	$0	$0	$0
SHIELA STUART	MEMBER	1.00	Director	$0	$0	$0
ANGELA CLABON	CEO	40.00	Officer	$480,720	$29,515	$510,235
HARI NALLAPANENI	CMO	40.00	Officer	$417,867	$34,778	$452,645
CAROL HORTON-HENLEY	CDO	40.00	Officer	$257,384	$25,603	$282,987
RENEE FOOTE JONES	CIO	40.00	Officer	$193,440	$25,603	$219,043
JASMINE BRATTON	CAO	40.00	Officer	$68,202	$12,320	$80,522
DAMON BRAGGS	CFO (TERM END)	40.00	Officer	$198,934	$21,860	$220,794
RUTH LEE	CHIEF MARKETING & DEVELOPMENT	40.00	Officer	$180,000	$29,515	$209,515
MICHELLE GRIMES	CNO	40.00	Officer	$212,835	$0	$212,835
DERRICK MELTON	COO (TERM END 9/23)	40.00	Officer	$156,544	$23,718	$180,262
ANDREA SPATES	INTERIM COO	40.00	Officer	$61,218	$10,668	$71,886
PAMELA MALONE	CHIEF COMPLIANCE OFFICER	40.00	Officer	$248,899	$40,659	$289,558
KAYLEE HUELSING	CFO	40.00	Officer	$10,904	$0	$10,904
DR LESLIE MCCRARY-ETUK	PHYSICIAN	40.00	Highest	$277,777	$0	$277,777
DR SRILAKSHMI VUYYURU	PHYSICIAN	40.00	Highest	$351,152	$0	$351,152
DR MICHAEL SPEARMAN	PHYSICIAN	40.00	Highest	$256,272	$0	$256,272
DR SALWAT SHAMI	PHYSICIAN	40.00	Highest	$247,844	$0	$247,844
DR AARON PILE	PHYSICIAN	40.00	Highest	$226,473	$0	$226,473

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
2023	$35,523,151	$32,684,602	$9,723,840	$2,838,549
2022	$30,721,549	$28,664,823	$8,085,859	$2,056,726
2021	$32,582,166	$29,162,699	$7,654,005	$3,419,467
2020	$26,895,522	$28,672,767	$6,364,566	$-1,777,245
2019	$24,602,523	$24,556,558	$5,243,776	$45,965

CARESTL HEALTH