NORMAN CARE ASSOCIATION VANS (EIN 873688229) - 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

Worker Collective

Phone

4055326436

Tax Period

2024-01-01 to 2024-12-31

NORMAN CARE ASSOCIATION VANS, founded in 2021, is a small nonprofit in the Human Services sector that reported $101K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $95K left a modest 6% surplus.

Mission

Charitable services for the unhoused - primarily point-to-point transportation of people and things.

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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 $100,913

Program Service Revenue $0

Investment Income $10

Other Revenue $0

TOTAL REVENUE $100,923

Expense Breakdown

Grants Paid $20,942

Salaries & Benefits $54,404

Fundraising Expenses $1,510

Program Expenses $92,872

Other Expenses $19,994

TOTAL EXPENSES $95,340

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,923	$224,606	-0.6%
Expenses	$95,340	$125,701	-0.2%
Net Income	$5,583	$98,905	-0.9%

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

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
Mike Davis	driver	20	Highest	$25,000	$0	$25,000
Jacob Hale	driver	20	Highest	$11,600	$0	$11,600
Alan Hatcher	driver	20	Highest	$7,425	$0	$7,425
Stephen Lett	driver	20	Highest	$3,400	$0	$3,400
Kirsten Howard	board chair	20	Director	$0	$0	$0
Ashley Creed	board secretary	10	Director	$0	$0	$0
Stephen Ellis	board treasurer	10	Director	$0	$0	$0
Caleb McGee	board member	10	Director	$0	$0	$0
Robert Norman	board member	10	Director	$0	$0	$0
Peggy Wallin	board member	15	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	$100,923	$95,340	$208,892	$5,583
2023	$224,606	$125,701	$158,073	$98,905

NORMAN CARE ASSOCIATION VANS