INNOVATIONS HOME CARE 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

2012

Legal Domicile

Principal Officer

DOREEN L HESPELL

Phone

6102783592

Tax Period

2020-07-01 to 2021-06-30

Mission

None

Program Service Accomplishments

Program 1

Expenses: $1,200 Revenue: $0

TO PROVIDE SERVICES TO FACILITATE THE PHYSICAL AND MENTAL WELL-BEING OF OLDER PENNSYLVANIANS AND ALLOW THEM TO AGE AT HOME. THESE SERVICES INCLUDE HOME CARE, ASSISTED TRANSPORTATION, HOME MAINTENANCE...

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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 (2020)

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 $1,200

Other Expenses $1,200

TOTAL EXPENSES $1,200

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	N/A	N/A
Expenses	$1,200	N/A	N/A
Net Income	N/A	$0	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

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
DOREEN L HESPELL	PRESIDENT - BOARD OF DIREC	3.00	Director	$0	$0	$0
NORMAN A KROPP	TREASURER - BOARD OF DIREC	3.00	Director	$0	$0	$0
BARBARA NICOLARDI	SECRETARY - BOARD OF DIREC	3.00	Director	$0	$0	$0
KATHY M BENNETT	MEMBER - BOARD OF DIRECTOR	3.00	Director	$0	$0	$0
ROBERT SLUTSKY	MEMBER - BOARD OF DIRECTOR	3.00	Director	$0	$0	$0
SANDRA MURPHY	MEMBER - BOARD OF DIRECTOR	3.00	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
2021	No data	$1,200	$20,202	No data
2020	No data	No data	$21,402	No data
2019	No data	$1,486	$21,402	No data