ECP CARES INC

EIN: 844938374 501(c)(3) Health Care

BETHESDA, MD

Total Revenue
$135,535
Total Expenses
$128,359
Total Assets
$168,642
Net Assets
$160,442
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MD
Principal Officer
GREGORY LAUBACH
Phone
3147267602
Tax Period
2024-01-01 to 2024-12-31

ECP CARES INC, founded in 2020, is a small nonprofit in the Health Care sector that reported $136K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $128K left a modest 5% surplus.

Mission

TO RAISE FUNDS AND PAY FOR DIALYSIS PATIENTS AND CARETAKERS TO GO ON FREE CRUISE VACATIONS. TO RAISE FUNDS TO DONATE TO MILITARY, FIRST RESPONDER, EDUCATIONAL, CHILD RELATED SERVICES AND OTHER CHARITABLE ORGANIZATIONS.

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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 $34,020
Program Service Revenue $0
Investment Income $0
Other Revenue $101,515
TOTAL REVENUE $135,535

Expense Breakdown

Grants Paid $40,375
Salaries & Benefits $0
Fundraising Expenses $999
Program Expenses $123,861
Other Expenses $87,984
TOTAL EXPENSES $128,359

Year-over-Year Comparison

2024 2023 Change
Revenue $135,535 $168,202 -0.2%
Expenses $128,359 $163,165 -0.2%
Net Income $7,176 $5,037 +0.4%
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
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER HEARING TREASURER AN 2.00
Officer Director
$0 $0 $0
GREGORY LAUBACH PRESIDENT 2.00
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 $135,535 $128,359 $168,642 $7,176
2023 $168,202 $163,165 $194,985 $5,037
2022 $277,840 $129,611 $193,684 $148,229
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