GOLDEN STATE RECUPERATIVE CARE INC (EIN 843519874) - 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

Legal Domicile

Principal Officer

EPHREM TILAHUN

Phone

3106866748

Tax Period

2024-01-01 to 2024-12-31

GOLDEN STATE RECUPERATIVE CARE INC is a community nonprofit in the Health Care sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $358K, a strong 17% operating margin.

Mission

PROVIDE SUPPORT AND PLACE FOR CONTINUED HEALING YET ARE NOT ILL ENOUGH TO REQUIRE HOSPITALIZATION. PROVIDE DEPENDABLE SOURCE OF NON MEDICAL AID AND ACCESS TO RESOURCES FOR PRIMARY CARE, MENTAL HEALTH AND TEMPORARY/PERMANENT HOUSING.

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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 $2,076,110

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,076,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $970,535

Fundraising Expenses $0

Program Expenses $1,717,659

Other Expenses $747,124

TOTAL EXPENSES $1,717,659

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,076,110	$1,909,506	+0.1%
Expenses	$1,717,659	$1,703,414	+0.0%
Net Income	$358,451	$206,092	+0.7%

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

$387,912

Total Directors

$387,912

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY HOLTON	V.P AND SECR	40.00	Officer Director	$193,956	$0	$193,956
EPHREM TILAHUN	CEO AND CHAI	40.00	Officer Director	$193,956	$0	$193,956
ZION WORK ALEMAHU	CFO AND TREA	2.00	Officer Director	$0	$0	$0
JASON WONG	BOARD MEMBER	2.00	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
2024	$2,076,110	$1,717,659	$2,714,340	$358,451
2023	$1,909,506	$1,703,414	$390,759	$206,092
2022	$1,194,298	$1,069,097	$155,762	$125,201
2021	$830,577	$818,655	$31,177	$11,922
2020	$387,611	$686,471	$11,925	$-298,860

GOLDEN STATE RECUPERATIVE CARE INC