ERIKA & ERIC HOME OF CARE II INC

EIN: 462810423 501(c)(3) Housing & Shelter

BALTIMORE, MD

Total Revenue
$304,899
Total Expenses
$314,237
Total Assets
$39,391
Net Assets
$39,391
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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
2013
Legal Domicile
MD
Principal Officer
QUEEN HARDY
Phone
4109031711
Tax Period
2023-01-01 to 2023-12-31

ERIKA & ERIC HOME OF CARE II INC, founded in 2013, is a small nonprofit in the Housing & Shelter sector that reported $305K in total revenue in fiscal year 2023.

Mission

Erika & Eric Home of Care II, Inc provides housing and assisted living services to senior citizens, and people with minor disabilities for nominal fees based on their ability to pay.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $304,899
Investment Income $0
Other Revenue $0
TOTAL REVENUE $304,899

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,760
Fundraising Expenses $0
Program Expenses $314,237
Other Expenses $294,477
TOTAL EXPENSES $314,237

Year-over-Year Comparison

2023 2022 Change
Revenue $304,899 $316,934 0.0%
Expenses $314,237 $275,901 +0.1%
Net Income $-9,338 $41,033 -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

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
6

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
QUEEN HARDY EXECUTIVE DIRECTOR 65.00
Director
$0 $0 $0
LOUIS GILL PRESIDENT 45.00
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 No data No data No data No data
2023 $304,899 $314,237 $39,391 $-9,338
2022 $316,934 $275,901 $48,729 $41,033
2021 $317,528 $278,031 $56,012 $39,497
2020 $371,231 $261,960 $56,036 $109,271
2019 $341,089 $228,921 $52,302 $112,168
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