HMG CARES FOUNDATION (EIN 813931171) - 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

DEREK PRINCE

Phone

2814195520

Tax Period

2024-01-01 to 2024-12-31

HMG CARES FOUNDATION, founded in 2016, is a small nonprofit in the Human Services sector that reported $210K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $72K, a strong 34% operating margin.

Mission

TO ASSIST TEAM MEMBERS & COMMUNITIES WHICH ARE AFFECTED BY HARDSHIP DUE TO EVENTS BEYOND THEIR CONTROL.

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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 $211,916

Program Service Revenue $0

Investment Income $15,010

Other Revenue $-17,197

TOTAL REVENUE $209,729

Expense Breakdown

Grants Paid $103,037

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $122,996

Other Expenses $34,516

TOTAL EXPENSES $137,553

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,729	$179,085	+0.2%
Expenses	$137,553	$129,961	+0.1%
Net Income	$72,176	$49,124	+0.5%

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

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
DEREK PRINCE	PRESIDENT	1.50	Officer Director	$0	$0	$0
WAYNE CULP	SECRETARY	1.50	Officer Director	$0	$0	$0
LAURENCE DASPIT	TREASURER	1.50	Officer Director	$0	$0	$0
ANA PICO	CHIEF STRATEGY OFFICER	1.50	Director	$0	$0	$0
JACOBI THOMAS	DIRECTOR	0.75	Director	$0	$0	$0
DONNA FRAZIER	DIRECTOR	0.75	Director	$0	$0	$0
CEDRIC BOYD	DIRECTOR	1.25	Director	$0	$0	$0
KRISTINA BRUNNER	DIRECTOR	0.75	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	$209,729	$137,553	$457,088	$72,176
2023	$179,085	$129,961	$384,912	$49,124

HMG CARES FOUNDATION