FAMILY PREMIUM CARE INC

EIN: 933278220 501(c)(3) Human Services

MIAMI, FL

Total Revenue
$251,900
Total Expenses
$273,243
Total Assets
$2,501
Net Assets
$2,501
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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
FL
Principal Officer
ELIZABETH FERNANDEZ
Tax Period
2024-01-01 to 2024-12-31

FAMILY PREMIUM CARE INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $252K in total revenue in fiscal year 2024. Revenue surged 148% from the prior year, signaling strong growth momentum.

Mission

FAMILY PREMIUM CARE, INC IS ORGANIZED AND OPERATED FOR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. SPECIFICALLY, THE CORPORATION'S MISSION IS TO GIVE SUPPORT, PROVIDE FOOD AND BASIC PERSONAL CARE SUPPLIES TO ELDERLY HOME CARE FACILITIES.

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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 $251,900
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $251,900

Expense Breakdown

Grants Paid $236,755
Salaries & Benefits $10,807
Fundraising Expenses $0
Program Expenses $273,243
Other Expenses $25,681
TOTAL EXPENSES $273,243

Year-over-Year Comparison

2024 2023 Change
Revenue $251,900 $101,500 +1.5%
Expenses $273,243 $77,656 +2.5%
Net Income $-21,343 $23,844 -1.9%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
1
Volunteers
N/A

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH FERNANDEZ DIRECTOR N/A
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 $251,900 $273,243 $2,501 $-21,343
2023 $101,500 $77,656 $23,844 $23,844
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