Caritas Inc
- Assets
- $671.7k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- Beloit, WI
- Founding
- 10/1978
- Data as of
- 12/2021
- EIN
- 39-1304689
Organization Overview
Caritas Inc is located in Beloit, WI. The organization was established in 1978. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 12/2021, Caritas Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caritas 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 12/2021, Caritas Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $958.1k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CARITAS ASSISTS FAMILIES IN NEED OF FOOD, CHILDREN'S CLOTHING, DIAPERS, AND PERSONAL CARE ITEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARITAS SERVED HOUSEHOLDS BY DISTRIBUTING FOOD, CLOTHING, AND PERSONAL CARE ITEMS TO NEEDY FAMILIES. DURING THE COVID-19 PANDEMIC, CARITAS' PANTRY WAS CONVERTED TO A DRIVE-THRU FORMAT AND CONTINUED TO SERVE FAMILIES IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Max Dodson Executive Director | Officer | 40 | $43,656 |
Chris Behling President | OfficerTrustee | 1 | $0 |
Loren Sass Chief Financial Officer | OfficerTrustee | 1 | $0 |
Rev Emmett Kaske Vice President | OfficerTrustee | 1 | $0 |
Rev David Ewing Secretary | OfficerTrustee | 1 | $0 |
Jackie Jackson Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $316,162 |
| All other contributions, gifts, grants, and similar amounts not included above | $734,794 |
| Noncash contributions included in lines 1a–1f | $755,367 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,050,956 |
| Total Program Service Revenue | $0 |
| Investment income | $211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,286 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,047,881 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $796,772 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,656 |
| Compensation of current officers, directors, key employees. | $10,914 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,554 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,557 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,581 |
| Advertising and promotion | $836 |
| Office expenses | $17,247 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,748 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $402 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,198 |
| Insurance | $5,080 |
| All other expenses | $1,137 |
| Total functional expenses | $958,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,094 |
| Savings and temporary cash investments | $270,552 |
| 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 | $4,217 |
| Net Land, buildings, and equipment | $381,032 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,788 |
| Total assets | $671,683 |
| Accounts payable and accrued expenses | $8,629 |
| 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 | $8,629 |
| Net assets without donor restrictions | $619,277 |
| Net assets with donor restrictions | $43,777 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $671,683 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Caritas Inc has recieved totaling $206,404.
| Awarding Organization | Amount |
|---|---|
Community Action Inc Of Rock And Walworth Counties Beloit, WI PURPOSE: PROGRAM SUPPORT | $146,080 |
The Stateline Community Foundation Inc Beloit, WI PURPOSE: FOUNDATION GRANTS | $27,175 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: COMMUNITY GRANT | $15,000 |
American Endowment Foundation Hudson, OH PURPOSE: FOOD, NUTRITION | $10,000 |
Muskegon County Community Foundation Muskegon, MI PURPOSE: HANDICAP (ADA) ENTRY DOORS; WEST SHORE BANK SPIRIT OF GIVING CHRISTMAS MEALS | $5,388 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $2,130 |
Endowment Analysis
| Beg. Balance | $8,510 |
| Earnings | $1,278 |
| Net Contributions | $1,000 |
| Ending Balance | $10,788 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helping Hand For Relief & Development Inc Southfield, MI | $53,026,737 | $80,329,408 |
Union Gospel Mission Association Of St Paul St Paul, MN | $40,255,655 | $20,223,644 |
Sharing And Caring Hands Inc Minneapolis, MN | $58,635,104 | $16,707,341 |
Walgreens Assistance Inc Deerfield, IL | $30,000,000 | $38,440,000 |
Community Crisis Services And Food Bank Iowa City, IA | $4,710,995 | $6,794,967 |
Chicago Chesed Fund Inc Lincolnwood, IL | $12,767,122 | $8,152,645 |
People Responding In Social Ministry Golden Valley, MN | $1,368,675 | $5,466,280 |
Unitedhealthcare Childrens Foundation Inc Minneapolis, MN | $12,202,952 | $7,262,493 |
South Suburban Pads Chicago Heights, IL | $5,384,114 | $5,744,283 |
The Good Samaritan Ministries Holland, MI | $6,761,787 | $5,714,896 |
Emergency Community Help Organization Echo Mankato, MN | $2,641,378 | $5,204,945 |
Many Hands For Haiti Pella, IA | $2,649,683 | $5,112,564 |