QUALITY HOME CARE SERVICES INC (EIN 562480615) - 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

2005

Legal Domicile

Phone

7043948968

Tax Period

2024-07-01 to 2025-06-30

QUALITY HOME CARE SERVICES INC, founded in 2005, is a community nonprofit that reported $6.2M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

QUALITY HOME CARE SERVICES INC IS A NORTH CAROLINA NONPROFIT ORGANIZATION ESTABLIZED IN 2005. THIS COMPREHENSIVE HEALTH CARE CENTER WAS ORGANIZED TO PROVIDE PERSONAL CARE SERVICES TO INDIVIDUALS WITH MENTAL HEALTH, DISABILITIES, SUBSTANCE ABUSE, AND HIV/AIDS PREVENTION A

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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 $6,154,455

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $6,154,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,808,453

Fundraising Expenses $0

Program Expenses $5,518,433

Other Expenses $4,453,935

TOTAL EXPENSES $6,262,388

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,154,455	$7,189,251	-0.1%
Expenses	$6,262,388	$7,440,458	-0.2%
Net Income	$-107,933	$-251,207	-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

N/A

Employees

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

$101,396

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
RA Shawn Flournoy	Chief Executive Officer	Key Emp	$101,396	$0	$101,396
Angela Jeter	Board Chair	Director	$0	$0	$0
Jermaine Lee	Member	Director	$0	$0	$0
Prince Montez	Vice Chair	Officer Director	$0	$0	$0
Delisa Fields	Treasurer	Officer Director	$0	$0	$0
Towan Dicks	Secretary	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
2025	$6,154,455	$6,262,388	$2,111,636	$-107,933
2024	No data	No data	No data	No data
2023	$3,766,114	$4,462,661	$1,471,074	$-696,547
2022	$4,810,879	$4,509,776	$1,753,894	$301,103
2021	$11,696,501	$10,892,315	$2,555,355	$804,186
2020	$3,616,344	$3,432,564	$456,994	$183,780
2020	$3,616,345	$3,563,016	$501,099	$53,329
2019	$2,477,834	$2,468,485	$276,171	$9,349
2018	$1,132,418	$1,146,862	$182,602	$-14,444

QUALITY HOME CARE SERVICES INC