Care Center Ministries Inc (EIN 752306428) - 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

1986

Legal Domicile

Principal Officer

Eldred Sawyer

Phone

2148249852

Tax Period

2023-01-01 to 2023-12-31

Care Center Ministries Inc, founded in 1986, is a community nonprofit in the Religion sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $2.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

Care Center Ministries mission is to rescue the least, the lost and the lonely through faith-based programs that strengthen the hand of the poor. It serves and raises up poor urban residents.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,386,770

Program Service Revenue $223,336

Investment Income $2,203

Other Revenue $0

TOTAL REVENUE $1,612,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $513,605

Fundraising Expenses $5,137

Program Expenses $1,762,748

Other Expenses $1,517,076

TOTAL EXPENSES $2,030,681

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,612,309	$1,800,779	-0.1%
Expenses	$2,030,681	$1,786,668	+0.1%
Net Income	$-418,372	$14,111	-30.6%

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

Employees

Volunteers

250

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

$208,831

Total Directors

$208,831

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Eldred L Sawyer	President	040.00	Officer Director	$150,000	$0	$150,000
Jeremy Crane	Treasurer	040.00	Officer Director	$58,831	$0	$58,831
Merideth DePriest	Director	040.00	Officer Director	$0	$0	$0
N/A	Secretary	005.00	Officer Director	$0	$0	$0
N/A	Chairman	005.00	Officer Director	$0	$0	$0
N/A	Director	005.00	Director	$0	$0	$0
N/A	Director	005.00	Director	$0	$0	$0
N/A	Director	005.00	Director	$0	$0	$0
N/A	Director	005.00	Director	$0	$0	$0
N/A	Director	005.00	Director	$0	$0	$0
N/A	Director	005.00	Director	$0	$0	$0
N/A	Director	005.00	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	No data	No data	No data	No data
2023	$1,612,309	$2,030,681	$1,896,890	$-418,372
2022	$1,800,779	$1,786,668	$2,240,769	$14,111
2021	$2,039,892	$1,440,583	$2,075,742	$599,309
2020	$1,470,613	$1,248,362	$1,653,269	$222,251
2019	$1,320,782	$1,342,177	$1,512,693	$-21,395
2018	$1,411,484	$1,416,029	$1,611,230	$-4,545

Care Center Ministries Inc