DISCOVERY CARES INC

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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

Principal Officer

JAMES HUDSON JR

Phone

3129802948

Tax Period

2023-01-01 to 2023-12-31

DISCOVERY CARES INC, founded in 2022, is a small nonprofit in the Human Services sector that reported $336K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO EMPLOYEES OF DISCOVERY LIFE SCIENCES ("DLS") WHO NEED ASSISTANCE DUE TO DISASTERS OR EVENTS BEYOND THEIR CONTROL.

Program Service Accomplishments

Program 1

Expenses: $331,507

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO EMPLOYEES OF DISCOVERY LIFE SCIENCES ("DLS") WHO NEED ASSISTANCE DUE TO DISASTERS OR EVENTS BEYOND THEIR...

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO EMPLOYEES OF DISCOVERY LIFE SCIENCES ("DLS") WHO NEED ASSISTANCE DUE TO DISASTERS OR EVENTS BEYOND THEIR CONTROL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $336,374

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $336,374

Expense Breakdown

Grants Paid $331,507

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $331,507

Other Expenses $2,166

TOTAL EXPENSES $333,673

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,374	$807,526	-0.6%
Expenses	$333,673	$797,149	-0.6%
Net Income	$2,701	$10,377	-0.7%

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

N/A

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
JAMES HUDSON JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
ADEL MIKHAIL	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN BENNETT	SECRETARY	1.00	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	No data	No data	No data	No data
2023	$336,374	$333,673	$13,078	$2,701
2022	$807,526	$797,149	$10,377	$10,377