AMENS CARE INC

EIN: 861149431 501(c)(3) Human Services

REDFORD, MI

Total Revenue
$1,589,739
Total Expenses
$1,695,184
Total Assets
$178,551
Net Assets
$112,455
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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
2007
Legal Domicile
MI
Principal Officer
OSARETIN UWAIFO
Tax Period
2023-11-01 to 2024-10-31

AMENS CARE INC, founded in 2007, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PROVIDER OF HOUSING AND SERVICES TO INDIGENT INDIVIDUALS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,589,739
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,589,739

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,055,337
Fundraising Expenses $0
Program Expenses $1,656,577
Other Expenses $639,847
TOTAL EXPENSES $1,695,184

Year-over-Year Comparison

2023 2022 Change
Revenue $1,589,739 $1,460,092 +0.1%
Expenses $1,695,184 $1,422,123 +0.2%
Net Income $-105,445 $37,969 -3.8%
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
3
Independent Members
1
Employees
31
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
1
$71,600
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
OSARETIN UWAIFO CEO 040.00
Officer Highest
$71,600 $0 $71,600
SAMUEL IMARHIAGBE CHAIRMAN 001.00
Director
$0 $0 $0
BOSEDE JIBRIL-UWAIFO SEC/TREA 002.00
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 $1,589,739 $1,695,184 $178,551 $-105,445
2023 $1,460,092 $1,422,123 $292,402 $37,969
2022 $1,228,380 $1,178,891 $268,833 $49,489
2021 $989,703 $958,229 $228,694 $31,474
2020 $756,014 $782,880 $248,868 $-26,866
2019 $618,603 $637,574 $125,834 $-18,971
2018 $773,220 $745,514 $144,805 $27,706
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