HEDGE FUNDS CARE INC (EIN 431959796) - 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

2002

Legal Domicile

Principal Officer

SUMUDU WAAS

Phone

2129919600

Tax Period

2024-01-01 to 2024-12-31

HEDGE FUNDS CARE INC, founded in 2002, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 27% operating deficit.

Mission

HFC IS A CHARITY WHOSE PRINCIPAL MISSION IS TO SUPPORT EFFORTS TO PREVENT AND TREAT CHILD ABUSE.

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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 $1,863,737

Program Service Revenue $0

Investment Income $833

Other Revenue $-205,731

TOTAL REVENUE $1,658,839

Expense Breakdown

Grants Paid $1,252,325

Salaries & Benefits $655,052

Fundraising Expenses $294,871

Program Expenses $1,488,926

Other Expenses $204,338

TOTAL EXPENSES $2,111,715

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,658,839	$1,930,628	-0.1%
Expenses	$2,111,715	$1,884,693	+0.1%
Net Income	$-452,876	$45,935	-10.9%

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

436

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

$189,581

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICE HACKETT	BOARD MEMBER	1.00	Director	$0	$0	$0
BARON JACOB	BOARD MEMBER	1.00	Director	$0	$0	$0
BASIL GODELLAS	BOARD MEMBER	1.00	Director	$0	$0	$0
BETH WIENER	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS ZABACK	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID MULLE	BOARD MEMBER	1.00	Director	$0	$0	$0
DEAN BACKER	PRESIDENT	7.00	Officer Director	$0	$0	$0
ERIC ROPER	BOARD MEMBER	1.00	Director	$0	$0	$0
EUGENE TETLOW	BOARD MEMBER	1.00	Director	$0	$0	$0
GEOFF RUDDICK	BOARD MEMBER	1.00	Director	$0	$0	$0
GLEN DAILEY	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
INGRID PIERCE	BOARD MEMBER	1.00	Director	$0	$0	$0
JACK INGLIS	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY PELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER COLLINS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL PRESS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN BROADHURST	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN TAVSS	BOARD MEMBER	1.00	Director	$0	$0	$0
JONATHAN BARRETT	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH FISHER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOSEPH PATELLARO	BOARD MEMBER	1.00	Director	$0	$0	$0
KARL COLE-FRIEMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
KARA FRIEDENBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
LANCE ZINMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LUCINDA HISLOP	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SALAMEH	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL VRANOS	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKAEL JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
NATALIE DEAK JAROS	TREASURER	1.00	Officer Director	$0	$0	$0
PETER NAISMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
RHONDA ELDRIDGE	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB DAVIS	FOUNDER & CHAIRMAN EMERITUS	1.00	Officer Director	$0	$0	$0
ROB LEONARD	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT MIRSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT SCHULTZ	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TODD GOLDMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
VANESSA HEMAVATHI	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM TAGGART JR	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSELLE POLO	CONTROLLER	40.00	Officer	$0	$0	$0
SUMUDU WAAS	EXECUTIVE DIRECTOR & COO	40.00	Officer	$159,412	$30,169	$189,581
LYNN FISHER	SENIOR DIRECTOR OF DEV & EVENT	40.00	Highest	$107,134	$10,613	$117,747

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	$1,658,839	$2,111,715	$2,631,282	$-452,876
2023	$1,930,628	$1,884,693	$3,024,414	$45,935
2022	$1,580,029	$1,391,442	$2,688,236	$188,587
2021	$1,649,272	$1,648,400	$2,665,422	$872
2020	$1,732,076	$1,660,283	$2,134,271	$71,793
2019	$2,759,718	$2,419,279	$2,646,720	$340,439
2018	$3,064,850	$3,284,672	$2,097,487	$-219,822

HEDGE FUNDS CARE INC