Quality Care Home Facilities (EIN 850699684) - 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

2020

Legal Domicile

Principal Officer

William Phillips

Phone

4805103510

Tax Period

2024-01-01 to 2024-12-31

Quality Care Home Facilities, founded in 2020, is a micro nonprofit in the Human Services sector that reported $1K in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $328K exceeded revenue, resulting in a 23056% operating deficit.

Mission

Engaged in the activities to provide elderly personal homes supporting the elderly.

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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 $0

Program Service Revenue $0

Investment Income $1,418

Other Revenue $0

TOTAL REVENUE $1,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,109

Fundraising Expenses $16,417

Program Expenses $279,099

Other Expenses $214,242

TOTAL EXPENSES $328,351

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,418	$649,698	-1.0%
Expenses	$328,351	$350,887	-0.1%
Net Income	$-326,933	$298,811	-2.1%

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

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

$106,000

Total Directors

$106,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Phillips	President	40.00	Officer Director	$106,000	$0	$106,000
Mihaela Phillips	Vice President	40.00	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	$1,418	$328,351	No data	$-326,933
2023	$649,698	$350,887	$326,933	$298,811
2022	$247,327	$244,288	$28,127	$3,039
2021	$324,606	$1,063,584	$25,083	$-738,978
2020	$1,058,862	$324,908	$1,163,954	$733,954

Quality Care Home Facilities