EVERETT TRANSITIONAL CARE SERVICES FOUNDATION (EIN 850593047) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

JOSEPH SCRIVENS

Tax Period

2024-01-01 to 2024-12-31

EVERETT TRANSITIONAL CARE SERVICES FOUNDATION, founded in 2020, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $745K, a strong 23% operating margin.

Mission

TO ENHANCE AND FINANCIALLY SUPPORT HEALTHCARE SERVICES OF PATIENTS SERVED BY EVERETT TRANSITIONAL CARE SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,291,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,291,000

Expense Breakdown

Grants Paid $2,546,125

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,546,125

Other Expenses $0

TOTAL EXPENSES $2,546,125

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,291,000	$2,160,000	+0.5%
Expenses	$2,546,125	$2,383,079	+0.1%
Net Income	$744,875	$-223,079	-4.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,046,836

Total Directors

$669,678

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT COMBS	TREASURER	1.00	Officer Director	$0	$33,100	$422,787
JOSEPH SCRIVENS	CEO	1.00	Officer	$0	$27,762	$377,158
JASON PETERSON	CHAIR	1.00	Officer Director	$0	$13,560	$246,891
PAUL ONERHEIM	SECRETARY	1.00	Officer Director	$0	$0	$0
KEVIN CLAY	VC (ENDED 11	1.00	Officer Director	$0	$0	$0
ALLISON BLOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
PATTY DEGROODT	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB CAMPBELL	BOARD MEMBER	1.00	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	$3,291,000	$2,546,125	$4,943	$744,875
2023	$2,160,000	$2,383,079	$5,644	$-223,079
2022	$1,200,000	$1,959,621	$5,644	$-759,621
2021	$1,247,170	$1,130,526	$205,000	$116,644
2020	$1,152,830	$1,147,830	$52,170	$5,000

EVERETT TRANSITIONAL CARE SERVICES FOUNDATION