Aim to inspire care forever limited

EIN: 873888250 501(c)(3) Health Care

BALTIMORE, MD

Total Revenue
$262,398
Total Expenses
$126,450
Total Assets
N/A
Net Assets
N/A
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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
2022
Legal Domicile
MD
Principal Officer
Daquan Thomas
Phone
4433602632
Tax Period
2024-01-01 to 2024-12-31

Aim to inspire care forever limited, founded in 2022, is a small nonprofit in the Health Care sector that reported $262K in total revenue in fiscal year 2024. Revenue surged 402% from the prior year, signaling strong growth momentum. The organization ran a surplus of $136K, a strong 52% operating margin.

Mission

TO PROVIDE TEMPORARY HOUSING TO HOMELESS INDIVIDUALS USING HOSPITALS AS SHELTER WHO NEED TEMPORARY HOUSING TO TREAT MEDICAL NEEDS SUCH AS RADIATION FOR CANCER BUT HAVE NO HOUSING TO RECIEVE TREATMENT OR ANY FINANCIAL MEANS TO DO SO.

Program Service Accomplishments

Program 1
Expenses: $18,000 Revenue: $82,000

621610 TEMPORARY HOUSING

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $442,398
Investment Income $0
Other Revenue $-180,000
TOTAL REVENUE $262,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $110,000
Fundraising Expenses $0
Program Expenses $18,000
Other Expenses $16,450
TOTAL EXPENSES $126,450

Year-over-Year Comparison

2024 2023 Change
Revenue $262,398 $52,258 +4.0%
Expenses $126,450 $40,000 +2.2%
Net Income $135,948 $12,258 +10.1%
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
13

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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAQUAN THOMAS DIRECTOR 25.00
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 $262,398 $126,450 No data $135,948
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