SOUTHERN COLORADO THERAPY CARE INC (EIN 812187911) - 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

2016

Legal Domicile

Principal Officer

FRANK PALCIC

Phone

7192403128

Tax Period

2018-01-01 to 2018-12-31

SOUTHERN COLORADO THERAPY CARE INC, founded in 2016, is a small nonprofit that reported $231K in total revenue in fiscal year 2018. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $317K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO SERVE THE LOW-INCOME, DEVELOPMENTALLY-DELAYED, AND/OR FOSTER CHILD POPULATION OF SOUTHERN COLORADO THROUGH SPEECH THERAPY, OCCUPATIONAL THERAPY, AND PHYSICAL THERAPY SERVICES WITH THE GOAL OF INCREASING THEIR QUALITY OF DAILY LIFE.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $221,812

Investment Income $9,098

Other Revenue $0

TOTAL REVENUE $230,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $234,358

Fundraising Expenses $0

Program Expenses $228,459

Other Expenses $82,413

TOTAL EXPENSES $316,771

Year-over-Year Comparison

	2018	2017	Change
Revenue	$230,910	$445,489	-0.5%
Expenses	$316,771	$122,518	+1.6%
Net Income	$-85,861	$322,971	-1.3%

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

$219,299

Total Directors

$219,299

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK PALCIC	EXECUTIVE DIRECTOR - CEO	40.00	Officer Director	$63,212	$0	$63,212
MELANIE PALCIC	MANAGER - SEC./TREAS.	40.00	Officer Director	$156,087	$0	$156,087
TONY MORENO	DIRECTOR	1.00	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
2018	$230,910	$316,771	$399,541	$-85,861

SOUTHERN COLORADO THERAPY CARE INC