LeaderCare Inc (EIN 841506273) - 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

1999

Legal Domicile

Phone

3033246261

Tax Period

2024-01-01 to 2024-12-31

LeaderCare Inc, founded in 1999, is a small nonprofit in the Human Services sector that reported $127K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

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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 $0

Program Service Revenue $127,188

Investment Income $0

Other Revenue $0

TOTAL REVENUE $127,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,952

Fundraising Expenses $7,582

Program Expenses $115,097

Other Expenses $86,257

TOTAL EXPENSES $131,209

Year-over-Year Comparison

	2024	2023	Change
Revenue	$127,188	$146,704	-0.1%
Expenses	$131,209	$123,378	+0.1%
Net Income	$-4,021	$23,326	-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

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

$41,000

Total Directors

$41,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Ragsdale	President	50.00	Officer Director	$41,000	$0	$41,000
Stan Eastin	Director	1.00	Director	$0	$0	$0
Tracy Betts	Director	1.00	Director	$0	$0	$0
Loretta Ragsdale	VPSecretary	5.00	Officer Director	$0	$0	$0
Dave Meyer	Treasurer	1.00	Officer 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	$127,188	$131,209	$81,169	$-4,021
2023	$146,704	$123,378	$81,473	$23,326
2022	$127,181	$99,699	$55,814	$27,482
2021	$142,235	$151,938	$36,087	$-9,703
2020	$126,409	$133,896	$44,855	$-7,487
2019	$128,351	$133,011	$50,642	$-4,660
2018	$134,960	$138,539	$30,159	$-3,579

LeaderCare Inc