HHS CAREFUND FOUNDATION (EIN 843116679) - 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

DEREK KISSOS

Phone

5124781888

Tax Period

2023-01-01 to 2023-12-31

HHS CAREFUND FOUNDATION, founded in 2019, is a small nonprofit in the Human Services sector that reported $610K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

HHS CAREFUND FOUNDATION IS AN EMPLOYER SPONSORED PUBLIC CHARTIY THAT OPERATES TO ACCEPT DONATIONS AND MAKE DISBURSEMENTS OF EMERGENCY FINANCIAL ASSISTANCE TO PAST, PRESENT AND FUTURE EMPLOYEES OF HOSPITAL HOUSEKEEPING SYSTEMS, LLC, AND THEIR CURRENT SPOUSES AND MINOR CHILDREN WHO ARE IN NEED OF SUCH EMERGENCY FINANCIAL ASSISTANCE BECAUSE OF UNDUE HARDSHIPS EXPERIENCED BY SUCH ELIGIBLE APPLICANTS.

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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 $609,736

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $609,736

Expense Breakdown

Grants Paid $535,260

Salaries & Benefits $57,476

Fundraising Expenses $0

Program Expenses $599,753

Other Expenses $7,017

TOTAL EXPENSES $599,753

Year-over-Year Comparison

	2023	2022	Change
Revenue	$609,736	$700,543	-0.1%
Expenses	$599,753	$806,396	-0.3%
Net Income	$9,983	$-105,853	-1.1%

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

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

$57,476

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE BISHOP	TRUSTEE	5.00	Director	$0	$0	$0
DIANA OLMOS	TRUSTEE	5.00	Director	$0	$0	$0
MELISSA TERRY	TRUSTEE	1.00	Director	$0	$0	$0
TAMEKA HARMON	FOUNDATION MANAGER	40.00	Officer	$57,476	$0	$57,476
DEREK KISSOS	CHAIRMAN	2.00	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	$609,736	$599,753	$43,560	$9,983
2022	$700,543	$806,396	$35,535	$-105,853
2021	$698,687	$591,030	$140,481	$107,657
2020	$523,276	$719,760	$28,381	$-196,484
2019	$238,267	$14,481	$224,352	$223,786

HHS CAREFUND FOUNDATION