Carepossible Inc
- Assets
- $34.9k
- Revenue
- $852.3k
- Investments
- $0.0
- Employees
- 1
- Location
- Laguna Niguel, CA
- Founding
- 10/2013
- Data as of
- 12/2023
- EIN
- 37-1734582
Organization Overview
Carepossible Inc is located in Laguna Niguel, CA. The organization was established in 2013. According to its NTEE Classification (F19) the organization is classified as: Support N.E.C., under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carepossible Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Carepossible Inc generated $852.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $819.9k during the year ending 12/2023. While expenses have increased by 31.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MENTAL HEALTH AND ADDICTION CARE TO VETERANS AND LOW INCOME FAMILIES, INCLUDING INPATIENT TREATMENT,INTENSIVE OUTPATIENT TREATMENT,PSYCHIATRIC SUPPORT AND THERAPY. EDUCATE THE PUBLIC ABOUT MENTAL HEALTH AND ADDICTION ISSUES TO PREVENT SUICIDES & OVERDOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATED OVER 50,000 PEOPLE THROUGH SOCIAL MEDIA AND EMAIL CAMPAIGNS TO RAISE AWARENESS AND EDUCATE THE PUBLIC ABOUT ISSUES RELATED TO VETERANS MENTAL HEALTH AND ADDICTION.HOSTED A SOLD-OUT EVENT THAT RAISED AWARENESS OF VETERANS MENTAL HEALTH ISSUES.
PROVIDE INPATIENT AND OUTPATIENT MENTAL HEALTH AND ADDICTION TREATMENT SERVICES AND COUNSELING. EDUCATE THE PUBLIC ABOUT VETERENS ISSUES OF MENTAL HEALTH AND ADDICTION AT NUMEROUS COMMUNITY MENTAL HEALTH EVENTS.
PROGRAM SERVICE EXPENSE OF $650,000 REPRESENTS THE VALUE RECEIVED FOR IN KIND DONATIONS OF SCHOLARSHIPS FROM MENTAL HEALTH TREATMENT CENTERS IN 2023.THE ORGANIZATION PROCURED THESE SCHOLARSHIPS WHICH ARE USED TO PROVIDE FREE MENTAL HEALTH TREATMENT SERVICES.CAREPOSSIBLE MAINTAINED A CONSTANT SOCIAL MEDIA CAMPAIGN ON MULTIPLE SOCIAL MEDIA PLATFORMS TO RAISE AWARENESS AND EDUCATE THE PUBLIC ABOUT VETERANS ISSUES AND MENTAL HEALTH AND ADDICTION ISSUES THAT WAS VIEWED BY THOUSANDS OF PEOPLE.CAREPOSSIBLE SERVED AS A GO-TO BEHAVIORAL HEALTH RESOURCE FOR LONG BEACH VA,ORANGE COUNTY VETERENS CENTER (OC4VETS) AND THE TIERNEY CENTER FOR VETERANS FOR THEIR VETS WITH MENTAL HEALTH AND ADDICTION ISSUES.DISTRIBUTED OVER 1000 DOSES OF THE LIFE-SAVING OPIOID OVERDOSE REVERSAL DRUG NARCAN.PROVIDED OVER 500 COUNSELING AND THERAPY SESSIONS TO VETERANS AND LOW INCOME FAMILIES IN CRISIS. TAUGHT AN ANXIETY AND DEPRESSION SUPPORT GROUP TO OVER 100 PEOPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Moraitis Director | Trustee | 1 | $0 |
David Sanfilippo Director | Trustee | 1 | $0 |
Mark Russell Director | Trustee | 1 | $0 |
Roland Beverly MD Director | Trustee | 1 | $0 |
Mark Thieme Director | Trustee | 1 | $0 |
Paul Alexander Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $852,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $852,235 |
| Total Program Service Revenue | $0 |
| Investment income | $112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $852,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $695,728 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,867 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,363 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,141 |
| Advertising and promotion | $5,242 |
| Office expenses | $10,156 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,440 |
| Travel | $639 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,700 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,165 |
| All other expenses | $2 |
| Total functional expenses | $819,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,915 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,915 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $34,915 |
| Total liabilities and net assets/fund balances | $34,915 |