SERENITY CARE INC (EIN 721518821) - 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

2002

Legal Domicile

Phone

2516399561

Tax Period

2024-01-01 to 2024-12-31

SERENITY CARE INC, founded in 2002, is a small nonprofit in the Mental Health sector that reported $114K in total revenue in fiscal year 2018. Revenue fell 33% from the prior year — a significant decline worth monitoring.

Mission

PROVIDE A LIVING ENVIRONMENT FOR MEN WITH SUBSTANCE ABUSE PROBLEMS INCLUDING ROOM, BOARD, MEALS, TRANSPORTATION AND EMPLOYMENT RESOURCES AND RECOVERY PROGRAMS/MEETINGS

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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 $2,622

Program Service Revenue $97,221

Investment Income $0

Other Revenue $247

TOTAL REVENUE $100,090

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $107,284

Other Expenses $107,284

TOTAL EXPENSES $107,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,090	$99,413	+0.0%
Expenses	$107,284	$126,936	-0.2%
Net Income	$-7,194	$-27,523	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN F PAYNE	VICE PRESIDENT	2.00	Director	$0	$0	$0
CLINTON L BELL	SECRETARY	2.00	Director	$0	$0	$0
H LEESHORT	EXECUTIVE DIRECTOR	10.00	Director	$0	$0	$0
MELVIN RICHARDSON	PRESIDENT	40.00	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
2024	$100,090	$107,284	$34,722	$-7,194
2023	$99,413	$126,936	$36,698	$-27,523
2022	$76,664	$128,706	$62,151	$-52,042
2021	$100,832	$156,197	$28,226	$-55,365
2020	$116,523	$115,198	$25,002	$1,325
2019	$126,585	$105,730	$-649	$20,855
2018	$114,431	$111,824	$348,321	$2,607

SERENITY CARE INC