CARE NEST HOMES LIMITED

EIN: 842045108 501(c)(3) Health Care

PHILADELPHIA, PA

Total Revenue
$581,242
Total Expenses
$581,242
Total Assets
N/A
Net Assets
N/A
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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
2019
Legal Domicile
PA
Principal Officer
RASHIDAH M ROBINSON
Phone
2675287777
Tax Period
2024-01-01 to 2024-12-31

CARE NEST HOMES LIMITED, founded in 2019, is a small nonprofit in the Health Care sector that reported $581K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE A HOME LIKE ENVIRONMENT AND ACTIVITIES FOR THE ELDERLY WHO HAVE LIMITED RESOURCES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $581,242
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $581,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $304,381
Fundraising Expenses $0
Program Expenses $581,242
Other Expenses $276,861
TOTAL EXPENSES $581,242

Year-over-Year Comparison

2024 2023 Change
Revenue $581,242 $430,865 +0.3%
Expenses $581,242 $430,865 +0.3%
Net Income $0 N/A N/A
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

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Governance

Voting Members
1
Independent Members
N/A
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
0
$0
Total Directors
0
$0
Key Employees
1
$112,922
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMIKA LIONS MANAGER 40
Key Emp Highest
$112,922 $0 $112,922
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 $581,242 $581,242 No data No data
2023 No data No data No data No data
2022 $597,614 $597,614 No data No data
2020 $204,000 $204,000 No data No data
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