EDUCARE SERVICES INC (EIN 770332438) - 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

1993

Legal Domicile

Principal Officer

VI CHUCK

Phone

5592283232

Tax Period

2023-07-01 to 2024-06-30

EDUCARE SERVICES INC, founded in 1993, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

DEVELOP SUCCESSFUL PARTNERSHIPS WITH SCHOOLS AND COMMUNITIES IN THE DELIVERY OF QUALITY PRESCHOOL DAY CARE SERVICES.

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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 $5,136,836

Program Service Revenue $0

Investment Income $5,680

Other Revenue $0

TOTAL REVENUE $5,142,516

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,989,920

Fundraising Expenses $0

Program Expenses $4,467,212

Other Expenses $1,030,933

TOTAL EXPENSES $5,020,853

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,142,516	$4,393,051	+0.2%
Expenses	$5,020,853	$4,425,609	+0.1%
Net Income	$121,663	$-32,558	-4.7%

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

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

$333,985

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIOLET L CHUCK	EXEC. OFFICER	40.00	Officer	$282,735	$51,250	$333,985
GABRIEL MENDHAM	PROG DIRECTOR	40.00		$177,089	$38,563	$215,652
LOU RENA LEE	Director	3.00	Director	$0	$0	$0
JERI YANDELL	Vice President	3.00	Officer Director	$0	$0	$0
SANDRA CHANEY	President	3.00	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
2025	No data	No data	No data	No data
2024	$5,142,516	$5,020,853	$4,010,270	$121,663
2023	$4,393,051	$4,425,609	$1,879,031	$-32,558
2022	$4,086,105	$4,134,263	$1,840,611	$-48,158
2021	$3,380,441	$3,428,599	$1,601,993	$-48,158
2020	$3,626,864	$3,675,022	$1,470,361	$-48,158
2019	$3,791,521	$3,678,898	$1,394,634	$112,623

EDUCARE SERVICES INC