HOME CENTERED CARE INSTITUTE (EIN 472070461) - 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

2014

Legal Domicile

Principal Officer

JULIE SACKS

Phone

6302839200

Tax Period

2023-01-01 to 2023-12-31

HOME CENTERED CARE INSTITUTE, founded in 2014, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $3.3M exceeded revenue, resulting in a 28% operating deficit.

Mission

IMPROVE ACCESS/QUALITY TO PATIENTS/CAREGIVERS, AND TO REDUCE COSTS BY ADVANCING HOME CARE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,465,019

Program Service Revenue $103,934

Investment Income $22,230

Other Revenue $0

TOTAL REVENUE $2,591,183

Expense Breakdown

Grants Paid $371,928

Salaries & Benefits $1,675,938

Fundraising Expenses $514,925

Program Expenses $2,295,885

Other Expenses $1,152,757

TOTAL EXPENSES $3,326,831

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,591,183	$2,388,313	+0.1%
Expenses	$3,326,831	$2,847,098	+0.2%
Net Income	$-735,648	$-458,785	+0.6%

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

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

$319,018

Total Directors

Key Employees

$223,694

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER WHINFREY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RICHARD MAYBURY	CHARIMAN OF THE BOARD	1.00	Officer Director	$0	$0	$0
THOMAS CORNWELL MD	EXECUTIVE CHAIRMAN & SECRETARY	1.00	Officer Director	$0	$0	$0
RICHARD MARK	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES BRAMSEN	CHAIRMAN EMERITUS	1.00	Director	$0	$0	$0
ANDREA REDMOND	MEMBER	1.00	Director	$0	$0	$0
KERMIT CRAWFORD	MEMBER	1.00	Director	$0	$0	$0
MARGHERITA LABSON	MEMBER	1.00	Director	$0	$0	$0
REBECCA RAMSAY	MEMBER	1.00	Director	$0	$0	$0
SIDNEE PECK	MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER DODD MD	MEMBER	1.00	Director	$0	$0	$0
DEBORAH GILLOTTI	MEMBER	1.00	Director	$0	$0	$0
JULIE SACKS	CEO/COO	50.00	Officer	$278,360	$40,658	$319,018
MELISSA SINGLETON	CHIEF PROGRAMS OFFICER	50.00	Key Emp	$205,254	$18,440	$223,694
JAMES WARDA	VP OF EXT. AFFAIRS & BUS DEV	40.00	Highest	$157,976	$1,680	$159,656
DANA CROSBY	SR. DIR ENAGE. & PRAC. DEV	40.00	Highest	$153,475	$0	$153,475
NENGLIANG YAO	DIR. OF RESEARCH & ANALYTICS	40.00	Highest	$187,860	$28,961	$216,821

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	$2,591,183	$3,326,831	$2,579,668	$-735,648
2022	$2,388,313	$2,847,098	$3,397,710	$-458,785
2021	$2,799,847	$3,481,368	$3,863,726	$-681,521
2020	$1,827,578	$2,797,175	$4,263,578	$-969,597
2019	$3,657,057	$3,299,147	$5,548,151	$357,910
2018	$3,952,048	$4,406,455	$5,355,333	$-454,407

HOME CENTERED CARE INSTITUTE