Commonwealth Home Health Network
Nonprofit profile at a glance
- EIN
- 881002023
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Clinton Township, MI, USA
- Phone
- 3126272296
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Home Health Care
Reported finances
- Revenue
- $68,053
- Expenses
- $211,552
- Assets
- $337,783
- Liabilities
- $838,986
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ANTHONY IAQUINTO (PRESIDENT/DIRECTOR)
People named in this filing
- ANTHONY IAQUINTO (PRESIDENT/DIRECTOR)
- TREVOR GRAYEB (SECRETARY/DIRECTOR)
- KIMBERLEY ALLEMAN (TREASURER/DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Commonwealth home health network is committed to providing private duty home health care and senior medical aid services to communities across Alabama, Illinois, Indiana, Kentucky, Massachusetts, Michigan, Ohio, Tennessee, and West Virginia . Our agency provides educational programming, including experiential learning opportunities to ross medical education centers/ross college students. The skills obtained are put into practice serving our clients, while providing peace and comfort to achieve the highest quality of life possible.
What it reported doing in 2024
Home health agency
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 20
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -210.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 1.6; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 2.48; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 48.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $212K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 5/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 3/100.