HOURCAR (EIN 814740695) - 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

PAUL SCHROEDER

Phone

6123432277

Tax Period

2023-01-01 to 2023-12-31

HOURCAR, founded in 2016, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

HOURCAR'S MISSION IS TO CONNECT PEOPLE TO THEIR COMMUNITIES WITH CONVENIENT, EQUITABLE, AND SUSTAINABLE MULTIMODAL TRANSPORTATION.

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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 $1,959,909

Program Service Revenue $1,966,370

Investment Income $0

Other Revenue $284,334

TOTAL REVENUE $4,210,613

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,737,256

Fundraising Expenses $179,932

Program Expenses $3,562,335

Other Expenses $2,455,756

TOTAL EXPENSES $4,193,012

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,210,613	$3,345,040	+0.3%
Expenses	$4,193,012	$3,008,184	+0.4%
Net Income	$17,601	$336,856	-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

Employees

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

$171,617

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN LAWLESS	CHAIR	2.00	Officer Director	$0	$0	$0
SAIF BENJAAFAR	DIRECTOR	2.00	Director	$0	$0	$0
ANJALI BAINS	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN JEPSON	DIRECTOR	2.00	Director	$0	$0	$0
WILL SCHROEDER	SECRETARY	2.00	Officer Director	$0	$0	$0
ALEXANDER POTTER	TREASURER	2.00	Officer Director	$0	$0	$0
JOHANNA SMRCINA	DIRECTOR	2.00	Director	$0	$0	$0
FERNANDA DE LA TORRE MARIN	DIRECTOR	2.00	Director	$0	$0	$0
PAUL SCHROEDER	CEO	40.00	Officer	$91,844	$10,410	$102,254
MELISSA SUMMERS	COO	40.00	Officer	$69,363	$0	$69,363

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	$4,210,613	$4,193,012	$2,246,653	$17,601
2022	$3,345,040	$3,008,184	$1,761,100	$336,856
2021	$1,812,523	$1,849,322	$749,324	$-36,799
2020	$1,035,349	$1,166,018	$477,075	$-130,669
2019	$1,018,797	$1,127,857	$392,639	$-109,060

HOURCAR