TRS HEALTH INC (EIN 842546001) - 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

2019

Legal Domicile

Principal Officer

SHAIDA BHAYANI

Tax Period

2023-01-01 to 2023-12-31

TRS HEALTH INC, founded in 2019, is a small nonprofit in the Health Care sector that reported $877K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HOLISTIC HEALTHCARE SERVICES TO UNDERSERVED POPULATIONS BY OFFERING FREE AND/OR LOW-COST COMPREHENSIVE HEALTHCARE.

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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 $208,810

Program Service Revenue $829,801

Investment Income $31

Other Revenue $-161,202

TOTAL REVENUE $877,440

Expense Breakdown

Grants Paid $0

Salaries & Benefits $263,798

Fundraising Expenses $0

Program Expenses $825,059

Other Expenses $656,627

TOTAL EXPENSES $920,425

Year-over-Year Comparison

	2023	2022	Change
Revenue	$877,440	$1,119,610	-0.2%
Expenses	$920,425	$1,223,733	-0.2%
Net Income	$-42,985	$-104,123	-0.6%

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

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

$29,231

Total Directors

$29,231

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAROON WASEEM	DIRECTOR OF PHARMACY & COO	60.00	Officer Director	$29,231	$0	$29,231
SYED RIZVI	DIRECTOR OF MARKETING	5.00	Officer Director	$0	$0	$0
PARVEZ BHAYANI	DIRECTOR OF FINANCE	20.00	Officer Director	$0	$0	$0
MOOSA DHANJI	DIRECTOR HUMAN RESOURCE	20.00	Officer Director	$0	$0	$0
SHAIDA BHAYANI	DIRECTOR & PRESIDENT	50.00	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	No data	No data	No data	No data
2023	$877,440	$920,425	$280,394	$-42,985
2022	$1,119,610	$1,223,733	$325,311	$-104,123
2021	$947,402	$853,646	$350,465	$93,756
2020	$266,762	$155,676	$252,022	$111,086

TRS HEALTH INC