CHESAPEAKE CARE RESOURCES INC (EIN 521595861) - 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

1988

Legal Domicile

Principal Officer

Peter Wood

Phone

4102875040

Tax Period

2024-07-01 to 2025-06-30

CHESAPEAKE CARE RESOURCES INC, founded in 1988, is a community nonprofit in the Mental Health sector that reported $5.7M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $6.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

To provide quality services that enhance and improve life for individuals who have a developmental disability

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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 $1,137

Program Service Revenue $5,299,420

Investment Income $442,925

Other Revenue $3,084

TOTAL REVENUE $5,746,566

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,428,741

Fundraising Expenses $0

Program Expenses $4,278,890

Other Expenses $2,150,263

TOTAL EXPENSES $6,579,004

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,746,566	$4,921,568	+0.2%
Expenses	$6,579,004	$6,356,218	+0.0%
Net Income	$-832,438	$-1,434,650	-0.4%

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

109

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

$161,807

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janet L Kelly	President/CEO	40.00	Officer	$150,000	$11,807	$161,807
Peter J Wood	Chairperson	1.00	Officer Director	$0	$0	$0
Brian C Connolly	Vice Chair	1.00	Officer Director	$0	$0	$0
Eileen V Leaman	Secty/Treasurer	1.00	Officer Director	$0	$0	$0
Kenneth Hoffman	Director	1.00	Director	$0	$0	$0
Shelley L Hawkins	Director	1.00	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
2025	$5,746,566	$6,579,004	$7,608,882	$-832,438
2024	No data	No data	No data	No data
2023	$5,702,634	$6,078,674	$8,936,226	$-376,040
2022	$7,444,473	$5,283,435	$9,115,087	$2,161,038
2021	$5,858,766	$5,219,178	$8,926,872	$639,588
2020	$5,672,731	$5,639,668	$6,423,432	$33,063
2019	$5,553,846	$6,081,184	$6,767,655	$-527,338

CHESAPEAKE CARE RESOURCES INC