Innovative Home Care Foundation

EIN: 821196573 501(c)(3) Health Care

Oklahoma City, OK

Total Revenue
$1,607,476
Total Expenses
$1,518,100
Total Assets
$234,836
Net Assets
$196,637
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
OK
Principal Officer
Ramesh Etta
Phone
4059422600
Tax Period
2024-01-01 to 2024-12-31

Innovative Home Care Foundation, founded in 2018, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 6% surplus.

Mission

To provide health care services.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,607,476
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,607,476

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,293,446
Fundraising Expenses $0
Program Expenses $1,518,100
Other Expenses $224,654
TOTAL EXPENSES $1,518,100

Year-over-Year Comparison

2024 2023 Change
Revenue $1,607,476 $1,221,082 +0.3%
Expenses $1,518,100 $1,244,072 +0.2%
Net Income $89,376 $-22,990 -4.9%
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

Sign In

Governance

Voting Members
2
Independent Members
2
Employees
108
Volunteers
N/A

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
1
$260,000
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ramesh Etta Executive Director 40.00
Officer
$260,000 $0 $260,000
Latrice Owens Board Member 0.00
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 $1,607,476 $1,518,100 $234,836 $89,376
2023 $1,221,082 $1,244,072 $146,809 $-22,990
2022 $394,643 $483,094 $69,185 $-88,451
2021 $1,144,426 $1,028,828 $198,733 $115,598
Explore More Nonprofits
→Top 100 Nonprofits in Oklahoma →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Innovative Home Care Foundation with other nonprofits in Oklahoma and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.