MASADA HOME CARE INC (EIN 650736904) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Phone

3056722648

Tax Period

2024-07-01 to 2025-06-30

MASADA HOME CARE INC, founded in 1997, is a mid-sized nonprofit in the Health Care sector that reported $14.0M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.6M, a strong 26% operating margin.

Mission

TO PROVIDE HOME CARE ASSISTANCE AND PERSONALIZED LIFE SUSTAINING SERVICES TO ELDERLY AND DISABLED CLIENTS RESIDING IN MIAMI, DADE COUNTY (SEE SCH O).

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,650,197

Program Service Revenue $12,333,939

Investment Income $0

Other Revenue $876

TOTAL REVENUE $13,985,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,692,343

Fundraising Expenses $0

Program Expenses $10,356,977

Other Expenses $664,634

TOTAL EXPENSES $10,356,977

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,985,012	$11,799,203	+0.2%
Expenses	$10,356,977	$10,649,777	0.0%
Net Income	$3,628,035	$1,149,426	+2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

357

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

$688,402

Total Directors

$346,845

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR HELEN SACHS CHASET	CHAIRPERSON	0.5	Officer Director	$0	$0	$0
ELINOR GANZ	TREASURER/SECRETARY	0.5	Officer Director	$0	$0	$0
LILIANE FUHRMAN	VICE CHAIR	0.5	Officer Director	$0	$0	$0
MARK W GORDON MD	IMMEDIATE PAST CHAIR	0.5	Officer Director	$0	$0	$0
MIRIAM SINGER	PRESIDENT & CEO	0.5	Officer Director	$0	$11,500	$346,845
ALISON DAVIS	DIRECTOR	0.5	Director	$0	$0	$0
MICHAEL BERMAN	DIRECTOR	0.5	Director	$0	$0	$0
ALTHEA MALONE	ADMINISTRATOR	40.0	Officer	$111,856	$0	$111,856
HECTOR RAMOS	CHIEF FINANCIAL OFFICER	0.5	Officer	$0	$0	$100,105
LEOPOLDO F CORONADO SADA	CHIEF OPERATING OFFICER	0.5	Officer	$0	$0	$129,596

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	$13,985,012	$10,356,977	$8,802,703	$3,628,035
2024	$11,799,203	$10,649,777	$6,121,086	$1,149,426
2023	$9,680,649	$9,662,324	$5,156,195	$18,325
2022	$10,155,063	$9,621,991	$4,929,292	$533,072
2021	$11,442,931	$8,839,829	$4,227,524	$2,603,102
2020	$8,874,351	$7,595,634	$2,800,541	$1,278,717
2019	$8,114,987	$6,892,852	$344,635	$1,222,135
2018	$5,322,280	$4,878,098	$162,805	$444,182

MASADA HOME CARE INC