Healing with CAARE Inc (EIN 561963988) - 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

1996

Legal Domicile

Tax Period

2020-07-01 to 2021-06-30

Healing with CAARE Inc, founded in 1996, is a small nonprofit that reported $832K in total revenue in fiscal year 2020. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $925K exceeded revenue, resulting in a 11% operating deficit.

Mission

education and transitional housing

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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 (2020)

Revenue Breakdown

Contributions & Grants $434,002

Program Service Revenue $389,744

Investment Income $0

Other Revenue $8,301

TOTAL REVENUE $832,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $430,512

Fundraising Expenses $0

Program Expenses $778,532

Other Expenses $494,712

TOTAL EXPENSES $925,224

Year-over-Year Comparison

	2020	2019	Change
Revenue	$832,047	$686,305	+0.2%
Expenses	$925,224	$774,649	+0.2%
Net Income	$-93,177	$-88,344	+0.1%

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

$64,171

Total Directors

$64,171

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Harvey Hinton	Executive Director	40.00	Officer Director	$64,171	$0	$64,171
Raymond Smith	Director	4.00	Director	$0	$0	$0
Linda King	Director	4.00	Director	$0	$0	$0
Ebony Elliott-Covington	Director	5.00	Director	$0	$0	$0
Thomas Spivey	Treasurer	4.00	Officer Director	$0	$0	$0
Shelton Harris	Chariman	5.00	Officer Director	$0	$0	$0
Natahsa Kenan	Secretary	3.00	Officer 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
2021	$832,047	$925,224	$568,904	$-93,177
2020	$686,305	$774,649	$525,139	$-88,344
2019	$684,611	$683,976	$595,834	$635
2018	$823,430	$746,388	$621,095	$77,042

Healing with CAARE Inc