CENTER OF CARE FOUNDATION INC (EIN 814202757) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

JOSEPH FIALA

Phone

6143786253

Tax Period

2024-01-01 to 2024-12-31

CENTER OF CARE FOUNDATION INC, founded in 2016, is a micro nonprofit in the Health Care sector that reported $51K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $45K left a modest 12% surplus.

Mission

TO RAISE FUNDS AND PROVIDE GRANTS FOR ORGANIZATIONS THAT PROVIDE FOR THE MEDICAL AND OTHER NEEDS OF THE POOR AND SICK THROUGH VARIOUS DOMESTIC AND INTERNATIONAL CHARITABLE PROJECTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $42,950

Program Service Revenue $0

Investment Income $4,906

Other Revenue $2,666

TOTAL REVENUE $50,522

Expense Breakdown

Grants Paid $26,338

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,586

Other Expenses $18,166

TOTAL EXPENSES $44,504

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,522	$79,440	-0.4%
Expenses	$44,504	$60,995	-0.3%
Net Income	$6,018	$18,445	-0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
LEONARD BARBE	DIRECTOR/PRE	2.00	Officer Director	$0	$0	$0
DONALD BREY	DIRECTOR/SEC	2.00	Officer Director	$0	$0	$0
JOSEPH FIALA	DIRECTOR/TRE	2.00	Officer Director	$0	$0	$0
JEFFREY KAMAN	DIRECTOR/CHA	2.00	Officer Director	$0	$0	$0
CHARLES MIFSUD	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL PARKER	DIRECTOR	2.00	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	$50,522	$44,504	$166,677	$6,018
2023	$79,440	$60,995	$160,659	$18,445
2022	$75,338	$23,261	$142,214	$52,077
2021	$41,958	$28,088	$90,137	$13,870
2020	$20,978	$2,039	$76,267	$18,939
2019	$11,237	$1,005	$57,328	$10,232
2018	$46,674	$716	$47,096	$45,958

CENTER OF CARE FOUNDATION INC