LABAKCARE ORGANIZATION INC

EIN: 460542725 501(c)(3) International Affairs

Sicklerville, NJ

Total Revenue
$146,858
Total Expenses
$144,311
Total Assets
$44,643
Net Assets
$44,643
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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
NJ
Principal Officer
OMOLABAKE FADEYIBI
Tax Period
2022-01-01 to 2022-12-31

LABAKCARE ORGANIZATION INC, founded in 2012, is a small nonprofit in the International Affairs sector that reported $147K in total revenue in fiscal year 2022.

Mission

The mission of Labakcare is to improve the health of underserved communities by providing no cost preventive health care services. Most of the local health fairs take place in the Philadelphia, South Jersey, and Delaware

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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 (2022)

Revenue Breakdown

Contributions & Grants $9,510
Program Service Revenue $137,348
Investment Income $0
Other Revenue $0
TOTAL REVENUE $146,858

Expense Breakdown

Grants Paid $0
Salaries & Benefits $37,232
Fundraising Expenses $0
Program Expenses $136,357
Other Expenses $107,079
TOTAL EXPENSES $144,311

Year-over-Year Comparison

2022 2021 Change
Revenue $146,858 N/A N/A
Expenses $144,311 N/A N/A
Net Income $2,547 N/A 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

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Governance

Voting Members
4
Independent Members
4
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
1
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OMOLABAKE FADEYIBI PRESIDENT 025.00
Officer Director Key Emp
$0 $0 $0
OLORUNTOSIN ADEYANJU MEDICAL DIRECTOR 005.00
Director
$0 $0 $0
BITRUS GWAMNA EXECUTIVE DIRECTOR 005.00
Director
$0 $0 $0
ENYIN NWAMUO VICE PRESIDENT 005.00
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
2022 $146,858 $144,311 $44,643 $2,547
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