FAIRWAYCARES INC (EIN 814590885) - 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

SHERRI ANDERSON

Phone

6088341333

Tax Period

2023-01-01 to 2023-12-31

FAIRWAYCARES INC, founded in 2016, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $1.1M left a modest 10% surplus.

Mission

TO PROVIDE SUPPORT, SERVICES, GIFTS, AND SPECIAL EXPERIENCES TO INDIVIDUALS SUFFERING FROM SERIOUS OR TERMINAL ILLNESS OR LOSS OF A LOVED ONE; TO RELIEVE DISTRESS CAUSED BY SERIOUS OR TERMINAL ILLNESS OR LOSS OF A LOVED ONE.

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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 $1,107,665

Program Service Revenue $0

Investment Income $114,107

Other Revenue $24,266

TOTAL REVENUE $1,246,038

Expense Breakdown

Grants Paid $1,000,956

Salaries & Benefits $0

Fundraising Expenses $17,655

Program Expenses $1,074,777

Other Expenses $115,052

TOTAL EXPENSES $1,116,008

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,246,038	$1,389,603	-0.1%
Expenses	$1,116,008	$1,524,068	-0.3%
Net Income	$130,030	$-134,465	-2.0%

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
SHERRI ANDERSON	PRESIDENT & CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DYLAN ANDERSON	TREASURER	1.00	Officer Director	$0	$0	$0
LEONARD KRUPINSKI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHANIE GILBERT	SECRETARY	1.00	Officer Director	$0	$0	$0
MARLENE SORENSON	DIRECTOR	1.00	Director	$0	$0	$0
DAVE SHAW	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN JACOBSON	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
2024	No data	No data	No data	No data
2023	$1,246,038	$1,116,008	$4,079,884	$130,030
2022	$1,389,603	$1,524,068	$4,057,738	$-134,465
2021	$2,059,491	$1,934,247	$4,640,276	$125,244
2020	$2,666,895	$1,055,024	$4,000,844	$1,611,871
2019	$1,464,097	$1,055,656	$2,368,563	$408,441
2018	$949,500	$649,340	$1,921,258	$300,160

FAIRWAYCARES INC