IT'S A BLESSING ADULT DAY CARE INC (EIN 640930379) - 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

2002

Legal Domicile

Principal Officer

EMMA CARMICHEL

Tax Period

2022-01-01 to 2022-12-31

IT'S A BLESSING ADULT DAY CARE INC, founded in 2002, is a micro nonprofit in the Human Services sector that reported $61K in total revenue in fiscal year 2022. Expenses of $76K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE MISSION OF IT'S A BLESSING ADULT DAY CARE, INC., IS TO ENHANCE THE QUALITY OF LIFE FOR ELDERLY CITIZENS BY PROVIDING A SAFE STRUCTURED ENVIRONMENT THAT PROMOTES A BALANCE OF RECREATION AND RELAXATION AS WELL AS PROFESSIONAL MONITORING BY A CARING STAFF.

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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 (2022)

Revenue Breakdown

Contributions & Grants $61,046

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $61,046

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,324

Fundraising Expenses $0

Program Expenses $75,736

Other Expenses $21,412

TOTAL EXPENSES $75,736

Year-over-Year Comparison

	2022	2021	Change
Revenue	$61,046	$63,935	0.0%
Expenses	$75,736	$77,147	0.0%
Net Income	$-14,690	$-13,212	+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

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
VERA ADAMS	DIRECTOR	N/A	Director	$0	$0	$0
ADDIE DRILLER	DIRECTOR	N/A	Director	$0	$0	$0
CLAND MCKINNEY	DIRECTOR	N/A	Director	$0	$0	$0
EMMA CARMICHEL	OFFICER AND	N/A	Officer	$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
2022	$61,046	$75,736	$34,404	$-14,690
2021	$63,935	$77,147	$47,126	$-13,212
2020	$65,663	$55,528	$51,460	$10,135
2019	$52,710	$52,469	$29,351	$241
2018	$75,845	$85,297	$29,869	$-9,452

IT'S A BLESSING ADULT DAY CARE INC