ALBEMARLE CARE FUND

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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

2015

Legal Domicile

Phone

9802995531

Tax Period

2024-01-01 to 2024-12-31

Mission

TO PROVIDE FINANCIAL ASSISTANCE FOR EMPLOYEES AND RETIREES OF ALBEMARLE CORP AND ITS AFFILIATES AND THEIR FAMILIES FOR BASIC NECESSITIES WHEN DISASTERS OR HARDSHIPS OCCUR.

Program Service Accomplishments

Program 1

Expenses: $1,500

THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO EMPLOYEES, RETIREES AND FAMILY MEMBERS OF ALBEMARLE CORPORATION AND ITS AFFILIATES WHO SUFFER CATASTROPHIC LOSSES AS A RESULT OF NATURAL DISASTERS OR WHO SUFFER FINANCIAL HARDSHIP DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL. During 2024 the Organization became inactive.

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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 $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,500

Other Expenses $0

TOTAL EXPENSES $1,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	$36,107	-1.0%
Expenses	$1,500	$250,546	-1.0%
Net Income	N/A	$-214,439	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
Sandra Holub	President	2.0	Officer Director	$0	$0	$0
Scott Tozier	Director and Treasurer	0.3	Officer Director	$0	$0	$0
Stefanie M Holland	Secretary	0.3	Officer Director	$0	$0	$0
Hazel Davis	Director	0.3	Director	$0	$0	$0
Tina Craft	Director	0.3	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
2024	No data	$1,500	No data	No data
2023	$36,107	$250,546	$1,500	$-214,439
2022	No data	$32,696	$215,939	No data
2021	$1,500	$101,072	$257,060	$-99,572
2020	$7,200	$120,992	$313,030	$-113,792
2019	$135,541	$68,606	$412,677	$66,935
2018	$101,720	$42,070	$345,743	$59,650