Bemorecaring Inc (EIN 812840846) - 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

Khristine Leach

Phone

4433006292

Tax Period

2024-01-01 to 2024-12-31

Bemorecaring Inc, founded in 2016, is a small nonprofit in the Human Services sector that reported $364K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

AS AN ORGANIZATION BEMORECARING FOCUSES ON CONSISTENT OUTREACH COMMUNITY COLLABORATION AND EMPOWERING THOSE IN NEED. WE PROVIDE HOT MEALS ESSENTIAL SUPPLIES AND EMOTIONAL SUPPORT,TO THE HOMELESS WHILE FOSTERING RELATIONSHIPS AND ASSISTING WITH ADDICTION RECOVERY AND PERSONAL NEEDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $353,723

Program Service Revenue $0

Investment Income $0

Other Revenue $10,147

TOTAL REVENUE $363,870

Expense Breakdown

Grants Paid $0

Salaries & Benefits $111,482

Fundraising Expenses $11,684

Program Expenses $365,537

Other Expenses $242,240

TOTAL EXPENSES $353,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$363,870	$316,356	+0.2%
Expenses	$353,722	$169,011	+1.1%
Net Income	$10,148	$147,345	-0.9%

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

N/A

Employees

Volunteers

100

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
KHRISTINE LEACH	EXEC DIRECTOR PRESIDENT	30.00	Officer Director Key Emp	$0	$0	$0
JERAMY UTARA	CHAIRMAN	1.00	Director	$0	$0	$0
RICK SOURS	VICE CHAIRMAN	1.00	Director	$0	$0	$0
ERIC LISICA	BOARD MEMBER	1.00	Director	$0	$0	$0
PASQUALE CARANNANTE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK PULSIFER	BOARD MEMBER	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
2024	$363,870	$353,722	$41,713	$10,148
2023	$316,356	$169,011	$7,330	$147,345

Bemorecaring Inc