Quanta Cares

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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

KIM RIDDLE

Phone

7136297600

Tax Period

2023-01-01 to 2023-12-31

Quanta Cares, founded in 2017, is a small nonprofit in the Human Services sector that reported $620K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $578K, a strong 93% operating margin.

Mission

QUANTA CARES PROVIDES SHORT-TERM RELIEF IN RESPONSE TO DISASTERS AND EMERGENCY HARDSHIPS SUFFERED BY EMPLOYEES OF QUANTA SERVICES, INC. AND/OR ITS SUBSIDIARIES AND AFFILIATES. SUCH RELIEF IS INTENDED TO ASSIST EACH RECIPIENT WITH PAYING FOR BASIC LIVING EXPENSES, INCLUDING FOOD, CLOTHING, TEMPORARY HOUSING, PROPERTY REPAIRS AND OTHER BASIC NECESSITIES RESULTING FROM SUCH DISASTERS OR EMERGENCY HARDSHIPS.

Program Service Accomplishments

Program 1

Expenses: $41,003 Revenue: $0

Quanta Cares provides short-term relief in response to disasters and emergency hardships suffered by employees of Quanta Services, Inc. and/or its subsidiaries and affiliates. In 2023, Quanta...

Quanta Cares provides short-term relief in response to disasters and emergency hardships suffered by employees of Quanta Services, Inc. and/or its subsidiaries and affiliates. In 2023, Quanta provided assistance to 9 individuals.

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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 $596,400

Program Service Revenue $0

Investment Income $23,888

Other Revenue $0

TOTAL REVENUE $620,288

Expense Breakdown

Grants Paid $41,003

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,003

Other Expenses $1,249

TOTAL EXPENSES $42,252

Year-over-Year Comparison

	2023	2022	Change
Revenue	$620,288	$804,022	-0.2%
Expenses	$42,252	$294,819	-0.9%
Net Income	$578,036	$509,203	+0.1%

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

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	Role	Reportable Comp	Other Comp	Total
KIM RIDDLE	PRESIDENT/DIRECTOR	Officer Director	$0	$0	$0
DOROTHY UPPERMAN	VICE PRESIDENT/DIRECTOR	Officer Director	$0	$0	$0
Moanica Caston	DIRECTOR	Director	$0	$0	$0
CLAUDIA C SANTOS	ASSISTANT SECRETARY	Officer	$0	$0	$0
BRETT A SCHRADER	VP/ASSISTANT SECRETARY	Officer	$0	$0	$0
HAOWEI YANG	VP/TREASURER	Officer	$0	$0	$0
JOSEPH G CORNELISON	ASSISTANT SECRETARY	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
2024	No data	No data	No data	No data
2023	$620,288	$42,252	$2,129,200	$578,036
2022	$804,022	$294,819	$1,551,164	$509,203
2021	$507,106	$367,290	$1,041,961	$139,816
2020	$373,869	$171,643	$902,145	$202,226
2019	$270,167	$94,066	$705,021	$176,101
2018	$191,804	$162,384	$523,818	$29,420