Unicare Medical Solutions Inc (EIN 820620673) - 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

Vaughn Martirosyan

Phone

3016489186

Tax Period

2023-01-01 to 2023-12-31

Unicare Medical Solutions Inc, founded in 2016, is a micro nonprofit in the Education sector that reported $75K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $70K left a modest 7% surplus.

Mission

To provide Quality and accessible health care solutions, including innovative diagnostics and affordagle treatment options

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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 $62,577

Program Service Revenue $12,900

Investment Income $0

Other Revenue $0

TOTAL REVENUE $75,477

Expense Breakdown

Grants Paid $18,435

Salaries & Benefits $7,411

Fundraising Expenses $0

Program Expenses $51,469

Other Expenses $44,399

TOTAL EXPENSES $70,245

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,477	$245,150	-0.7%
Expenses	$70,245	$267,374	-0.7%
Net Income	$5,232	$-22,224	-1.2%

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

N/A

Independent Members

N/A

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
Vaughn Martirosyan	Executive Director	40.00	Officer	$0	$0	$0
Gennaro LaBella	Secretary	10.00	Key Emp	$0	$0	$0
Christian Walker	Treasurer	10.00	Key Emp	$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	$75,477	$70,245	$8,208	$5,232
2022	$245,150	$267,374	$2,976	$-22,224
2021	$231,090	$540,776	$25,200	$-309,686

Unicare Medical Solutions Inc