THE LONG TERM CARE FOUNDATION (EIN 832707374) - 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

2018

Legal Domicile

Principal Officer

KAREN CORDERO

Phone

2062914428

Tax Period

2024-07-01 to 2025-06-30

THE LONG TERM CARE FOUNDATION, founded in 2018, is a community nonprofit in the Health Care sector that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 43% operating margin.

Mission

TO IMPROVE ACCESS TO AND FUND HIGH QUALITY TRAINING FOR CAREGIVERS WORKING IN (CONT. ON SCH. O) ADULT FAMILY HOMES, AND TO SUPPORT HOMES THROUGH WEBINARS AND COMMUNITY OUTREACH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,374,325

Program Service Revenue $3,073

Investment Income $4,548

Other Revenue $0

TOTAL REVENUE $5,381,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $901,544

Fundraising Expenses $0

Program Expenses $2,455,921

Other Expenses $2,160,874

TOTAL EXPENSES $3,062,418

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,381,946	$3,345,244	+0.6%
Expenses	$3,062,418	$2,271,073	+0.3%
Net Income	$2,319,528	$1,074,171	+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

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

$235,783

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB LEROY	EXECUTIVE DIRECTOR (THRU 3/25)	40.00	Officer	$128,770	$7,726	$136,496
SHEREICE BROWN	DIRECTOR OF WORKFORCE DEVELOPMENT	40.00	Officer	$97,408	$1,879	$99,287
KAREN CORDERO	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
DORIS ELKINS	DIRECTOR OF FINANCE & OPERATIONS	40.00	Officer	$0	$0	$0
ADINA ANGLE	PRESIDENT	10.00	Officer Director	$0	$0	$0
LAURA VAILLANCOURT	VICE-PRESIDENT	8.00	Officer Director	$0	$0	$0
MULU HABTYIMER	SECRETARY	8.00	Officer Director	$0	$0	$0
ANDERSON JOLLY	TREASURER	8.00	Officer Director	$0	$0	$0
JENNA HESTER	DIRECTOR	8.00	Director	$0	$0	$0
ELIZEBETH JEWETT	DIRECTOR	8.00	Director	$0	$0	$0
EUGENE NASSEN	DIRECTOR	8.00	Director	$0	$0	$0
ELIZEBETH PAGE	DIRECTOR	8.00	Director	$0	$0	$0
MARIANA PINEDA	DIRECTOR	8.00	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
2025	$5,381,946	$3,062,418	$4,567,309	$2,319,528
2024	$3,345,244	$2,271,073	$1,239,775	$1,074,171
2023	$1,614,857	$1,891,932	$164,526	$-277,075
2022	$835,043	$831,190	$441,295	$3,853
2021	$715,362	$344,824	$441,591	$370,538
2020	$203,658	$137,365	$70,031	$66,293

THE LONG TERM CARE FOUNDATION