BETTERCARE AFC INC (EIN 822768796) - 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

2017

Legal Domicile

Principal Officer

STELLA AGONOR

Tax Period

2023-01-01 to 2023-12-31

BETTERCARE AFC INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $255K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $290K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDING AN ENVIRONMENT OF CARE TO THE ELDERLY, DISABLED AND MENTALLY ILL COMMUNITY

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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 $0

Program Service Revenue $257,355

Investment Income $-3,660

Other Revenue $1,325

TOTAL REVENUE $255,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,607

Fundraising Expenses $0

Program Expenses $266,884

Other Expenses $116,101

TOTAL EXPENSES $289,708

Year-over-Year Comparison

	2023	2022	Change
Revenue	$255,020	$291,198	-0.1%
Expenses	$289,708	$265,037	+0.1%
Net Income	$-34,688	$26,161	-2.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIUS AGONOR	BOARD MEMBER	10.00	Director	$0	$0	$0
MICHAEL EKWUAJU	BOARD MEMBER	10.00	Director	$0	$0	$0
BRENDA STOCK	BOARD MEMBER	10.00	Director	$0	$0	$0
STELLA AGONOR	DIRECTOR	60.00	Officer	$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
2023	$255,020	$289,708	$190,265	$-34,688
2022	$291,198	$265,037	$220,580	$26,161
2021	$256,810	$139,024	$197,469	$117,786

BETTERCARE AFC INC