CARESPARC COMMUNITY CONNECTIONS INC (EIN 872368394) - 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

2021

Legal Domicile

Principal Officer

MARGARET WOODS

Tax Period

2024-01-01 to 2024-12-31

CARESPARC COMMUNITY CONNECTIONS INC, founded in 2021, is a small nonprofit in the Health Care sector that reported $668K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $108K, a strong 16% operating margin.

Mission

TO COLLABORATE WITH UNDERSERVED COMMUNITIES, SERVICE PROVIDERS, AND THOUGHTS LEADERS ON EFFECTIVE SOLUTIONS TO ADVANCE HEALTH EQUITY AND IMPROVE POSITIVE PUBLIC HEALTH OUTCOMES.

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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 $667,260

Program Service Revenue $0

Investment Income $1,161

Other Revenue $0

TOTAL REVENUE $668,421

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,654

Fundraising Expenses $0

Program Expenses $503,055

Other Expenses $503,042

TOTAL EXPENSES $560,696

Year-over-Year Comparison

	2024	2023	Change
Revenue	$668,421	$512,695	+0.3%
Expenses	$560,696	$504,805	+0.1%
Net Income	$107,725	$7,890	+12.7%

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

275

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HINDS	BOARD MEMBER	15.00	Officer	$0	$0	$0
KEVIN SILVESTRINI-CORDERO	SECRETARY	15.00	Officer	$0	$0	$0
ROBIN DOUGHERTY	TREASURER	15.00	Officer	$0	$0	$0
LIBBY BAJGEROVA	BOARD MEMBER	15.00	Officer	$0	$0	$0
MARGARET WOODS	PRESIDENT	15.00	Officer	$0	$0	$0
LUZ RAMIREZ	BOARD MEMBER	15.00	Officer	$0	$0	$0
DR MONIQUE GRIFFITH	BOARD MEMBER	15.00	Officer	$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	$668,421	$560,696	$139,006	$107,725
2023	$512,695	$504,805	$133,258	$7,890
2023	$325,695	$317,805	$133,258	$7,890
2022	$245,731	$241,438	$104,293	$4,293

CARESPARC COMMUNITY CONNECTIONS INC