Ourcare Inc (EIN 455345598) - 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

Phone

2408253806

Tax Period

2024-01-01 to 2024-12-31

Ourcare Inc, founded in 2012, is a mid-sized nonprofit in the Health Care sector that reported $26.5M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.0M, a strong 34% operating margin.

Mission

To support individuals with disabilities and autism to live independent fulfilling lives creating opportunities for members of the communities in we live.

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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 $0

Program Service Revenue $26,527,152

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,527,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,523,357

Fundraising Expenses $0

Program Expenses $17,554,576

Other Expenses $12,031,219

TOTAL EXPENSES $17,554,576

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,527,152	$17,670,833	+0.5%
Expenses	$17,554,576	$13,662,511	+0.3%
Net Income	$8,972,576	$4,008,322	+1.2%

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

N/A

Employees

325

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
MOHAMED KAMARA	DIRECTOR	40.00	Officer	$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
2024	$26,527,152	$17,554,576	$26,868,745	$8,972,576
2023	$17,670,833	$13,662,511	$17,913,157	$4,008,322
2022	$11,588,636	$10,091,878	$11,561,382	$1,496,758
2021	$9,696,242	$8,542,629	$6,448,467	$1,153,613
2020	$7,588,022	$5,598,675	$5,176,958	$1,989,347
2019	$4,602,862	$4,395,596	$1,170,748	$207,266
2018	$2,726,715	$2,375,454	$530,085	$351,261

Ourcare Inc