TOTALCARE FOUNDATION (EIN 922455495) - 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

2023

Legal Domicile

Principal Officer

WALID SAADE

Phone

8173463313

Tax Period

2024-01-01 to 2024-12-31

TOTALCARE FOUNDATION, founded in 2023, is a small nonprofit in the Health Care sector that reported $552K in total revenue in fiscal year 2024. Revenue surged 186% from the prior year, signaling strong growth momentum.

Mission

THE CORPORATION WILL PROVIDE SUPPORT AND AID TO UNDERSERVED POPULATIONS IN THE UNITED STATES AND AROUND THE WORLD THROUGH HEALTHCARE AND OTHER FORMS OF HUMANITARIAN RELIEF. THE CORPORATION HOPES TO AID IN SUPPLYING MEDICAL GOODS AND SERVICES, FOOD, CLOTHING, AND OTHER GOODS AND SERVICES THAT HAVE A POSITIVE IMPACT ON THE COMMUNITIES IT PLANS TO SERVE. AT THIS TIME, IT IS ANTICIPATED THAT THE CORPORATION WILL PROVIDE FINANCIAL AND OTHER ASSISTANCE TO AN ESTABLISTED CLINIC (OWNED BY DELIVERANCE CHURCH) IN ELDORET, KENYA (THE FIFTH LARGEST CITY IN KENYA). THE CLINIC OFFERS MULTI-SPECIALTY CARE, INCLUDING PRIMARY CARE, IMMUNIZATIONS, MATERNAL SERVICES, CANCER SCREENING AND COUNSELING.

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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 $552,495

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $552,495

Expense Breakdown

Grants Paid $83,354

Salaries & Benefits $0

Fundraising Expenses $14,714

Program Expenses $269,706

Other Expenses $481,253

TOTAL EXPENSES $564,607

Year-over-Year Comparison

	2024	2023	Change
Revenue	$552,495	$193,031	+1.9%
Expenses	$564,607	$123,534	+3.6%
Net Income	$-12,112	$69,497	-1.2%

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

$2,982,334

Total Directors

$2,982,334

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALID SAADE	PRESIDENT	10.00	Officer Director	$0	$4,564	$587,915
FOUAD SAADE	VICE PRESIDENT	0.25	Officer Director	$0	$3,748	$1,478,640
STEPHANIE LEBLANC	SECRETARY, TREASURER	1.00	Officer Director	$0	$0	$915,779

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	$552,495	$564,607	$65,730	$-12,112
2023	$193,031	$123,534	$90,964	$69,497

TOTALCARE FOUNDATION