COMMONWEALTH LONG TERM CARE FOUNDATION INC (EIN 541850067) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

J KEITH HARE

Phone

8043539101

Tax Period

2024-01-01 to 2024-12-31

COMMONWEALTH LONG TERM CARE FOUNDATION INC, founded in 1997, is a micro nonprofit in the Civil Rights & Advocacy sector that reported $32K in total revenue in fiscal year 2018. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 37% operating margin.

Mission

SUPPORT EDUCATIONAL OPPORTUNITIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $550

Program Service Revenue $0

Investment Income $9,117

Other Revenue $43,727

TOTAL REVENUE $53,394

Expense Breakdown

Grants Paid $40,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,761

Other Expenses $3,291

TOTAL EXPENSES $43,291

Year-over-Year Comparison

	2024	2023	Change
Revenue	$53,394	$53,038	+0.0%
Expenses	$43,291	$40,261	+0.1%
Net Income	$10,103	$12,777	-0.2%

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

Governance

Voting Members

Independent Members

N/A

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

$425,922

Total Directors

$425,922

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J KEITH HARE	PRESIDENT	1.00	Officer Director	$0	$25,154	$425,922

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	No data	No data	No data	No data
2024	$53,394	$43,291	$335,862	$10,103
2023	$53,038	$40,261	$325,759	$12,777
2022	$33,581	$63,182	$312,982	$-29,601
2021	$1,895	$52,274	$342,582	$-50,379
2020	$6,993	$40,043	$392,961	$-33,050
2019	$45,030	$51,055	$428,427	$-6,025
2018	$31,673	$19,929	$431,340	$11,744

COMMONWEALTH LONG TERM CARE FOUNDATION INC