Care Ring Inc is located in Charlotte, NC. The organization was established in 1957. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 06/2024, Care Ring Inc employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care Ring 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 06/2024, Care Ring Inc generated $9.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $6.7m during the year ending 06/2024. While expenses have increased by 10.2% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPOWER INDIVIDUALS WITH LIMITED RESOURCES TO ESTABLISH AND MAINTAIN GOOD HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NFP - NURSE FAMILY PARTNERSHIP PROGRAMTHE ORGANIZATION'S NURSE-FAMILY PARTNERSHIP (NFP) PROGRAM IS AN EVIDENCE-BASED, INTENSIVE NURSE HOME-VISITATION PROGRAM FOR AT-RISK, LOW-INCOME MOTHERS LIVING IN MECKLENBURG COUNTY. VALIDATED BY FOUR DECADES OF RESEARCH, INCLUDING MULTIPLE RANDOMIZED-CONTROLLED TRIALS, NFP IS A PROVEN MODEL THAT BREAKS THE CYCLE OF POVERTY BY IMPROVING PREGNANCY OUTCOMES, IMPROVING CHILD HEALTH AND DEVELOPMENT, AND IMPROVING THE ECONOMIC SELF-SUFFICIENCY OF THE FAMILY. THE ORGANIZATION'S NFP PROGRAM SERVED 1022 MOTHERS AND BABIES DURING THE YEAR ENDED JUNE 30, 2024. THROUGH THE ADDITION OF A SECONDARY, MORE BROADLY FOCUSED MATERNAL CHILD HEALTH PROGRAM IN 2021, A GUIDED JOURNEY, NFP HAS BEEN SUCCESSFUL IN ENHANCING ITS SERVICE TO MOTHERS WHO ARE ESPECIALLY VULNERABLE, CLINICALLY-COMPLEX AND AT-RISK FOR POOR MATERNAL AND CHILD HEALTH OUTCOMES. IN 2024, CARE RINGS NFP PERFORMANCE OUTCOMES REACHED A HISTORIC HIGH, WITH 91% OF MOTHERS DELIVERING FULL TERM AND 91% OF BABIES BORN AT A HEALTHY BIRTH WEIGHT.
A GUIDED JOURNEY PROGRAM (MATERNAL HEALTH)LAUNCHED IN 2021, THE ORGANIZATIONS A GUIDED JOURNEY (AGJ), IS A MATERNAL-CHILD HEALTH INITIATIVE THAT EMPLOYS RESIDENTS LIVING IN SIX PRIORITY HEALTH ZIP CODES TO SERVE AS COMMUNITY HEALTH WORKERS. THESE STATE-CERTIFIED INDIVIDUALS WORK IN THEIR OWN COMMUNITIES TO EDUCATE AND SUPPORT PREGNANT AND NEW MOMS, PROVIDING INFORMATION, GUIDANCE AND CONNECTION TO NEEDED RESOURCES. AGJ IS A COMPLEMENT TO NFP AND FOR THE YEAR ENDED JUNE 30, 2024, SERVED 493 FAMILIES WHO MAY HAVE NOT QUALIFIED FOR OR NEEDED THE INTENSIVE, LONG-TERM SUPPORT PROVIDED THROUGH NFP. AGJ SEEKS TO INTENTIONALLY ADDRESS SOCIAL DETERMINANTS OF HEALTH NEEDS FOR FAMILIES, SUCH AS ACCESS TO TIMELY CARE, FOOD ASSISTANCE, TRANSPORTATION, CHILDCARE AND HOUSING. THROUGH THIS LONG-TERM CASE MANAGEMENT PROGRAM, FAMILIES ARE EMPOWERED AND PROVIDED WITH EDUCATION AND SUPPORT TO PROMOTE HEALTHY LIFESTYLES. THE PROGRAM IS SUPPORTED WITH AN ABUNDANCE OF COMMUNITY PARTNERSHIPS. IN 2024, AGJ WAS EXPANDED THROUGH THE RECEIPT OF A FEDERAL HEALTHY START ENHANCED GRANT FROM THE US DEPARTMENT OF HEALTH & HUMAN SERVICES. THIS EXPANSION SEEKS TO REDUCE THE WELL-DOCUMENTED RACIAL AND ETHNIC DIFFERENCES IN THE RATES OF INFANT DEATH AND ADVERSE MATERNAL HEALTH OUTCOMES IN THE CHARLOTTE-MECKLENBURG COMMUNITY. CARE RING WAS THE ONLY ORGANIZATION OF THE 10 NATIONALLY AWARDED THAT IDENTIFIES AS A STANDALONE NON-PROFIT, WITH OTHERS BEING HOUSED WITHIN GOVERNMENT FUNDED PUBLIC HEALTH INSTITUTIONS. IN 2024, 91% OF WOMEN COMPLETED POST-PARTUM VISITS WITHIN 6 WEEKS OF DELIVERY, HAVING ESTABLISHED A MEDICAL HOME. MATURING THE MODEL, AGJ ALSO BEGAN MEASURING EARLY CHILDHOOD OUTCOMES IN 2024. THROUGH STRONG LITERACY EDUCATION, 66% OF AGJ FAMILIES READ TO THEIR CHILD AT LEAST 3 DAYS A WEEK, COMPARED TO THE NATIONAL AVERAGE OF 55%.
CLINIC PROGRAM THE CLINIC IS A PRIMARY CARE MEDICAL HOME FOR THE UNINSURED AND UNDERSERVED, SERVING 1,674 PATIENTS FOR THE YEAR ENDED JUNE 30, 2024. THE CLINIC HAS A SPECIAL FOCUS ON SUPPORTING PATIENTS TO SUCCESSFULLY MANAGE CHRONIC ILLNESSES SUCH AS DIABETES AND HYPERTENSION, REDUCING DISPARITIES IN HEALTH OUTCOMES AND PREVENTING UNNECESSARY UTILIZATION OF THE EMERGENCY ROOM AND INPATIENT HOSPITAL STAYS. IN 2024, CARE RING WAS AWARDED A GOLD STANDARD FROM THE NATIONAL ASSOCIATION OF FREE CLINICS, A MEASURE OF THE CLINICS HIGH STANDARD OF CARE AND QUALITY OUTCOMES. IN THE LAST FISCAL YEAR, 75% OF PATIENTS WITH DIABETES DEMONSTRATED IMPROVED CONTROL AND A HEMOGLOBIN A1C OF LESS THAN 9%. ADDITIONALLY, 69% OF PATIENTS WITH HYPERTENSION HAD CONTROLLED BLOOD PRESSURE. CARE RINGS CLINIC ENSURES ITS PATIENTS HAVE ACCESS TO RECOMMENDED PREVENTIVE SCREENINGS TO ADDRESS DISPARITIES IN EARLY DETECTION AND CANCER MORTALITY. AS AN EXAMPLE, IN THE LAST FISCAL YEAR, 80% OF CARE RING PATIENTS WERE UP TO DATE ON CERVICAL CANCER SCREENING. LASTLY, IN ADDITION TO PHYSICAL HEALTH CARE, PATIENTS ARE SCREENED FOR SOCIAL DETERMINANTS OF HEALTH NEEDS USING A STATE-SUPPORTED, STANDARDIZED ASSESSMENT TOOL. THIS SERVICE ENSURES HOLISTIC CARE IS PROVIDED, ADDRESSING ISSUES SUCH AS FOOD INSECURITY, HOUSING INSTABILITY AND TRANSPORTATION - ALL BARRIERS TO ACCESSING TIMELY CARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tchernavia Montgomery Executive Dir. | Officer | 40 | $169,171 |
Anabel Paniagua-Doyle Board Member | Trustee | 0 | $0 |
Andrea Wages Board Member | Trustee | 0 | $0 |
Andrew Bradshaw Board Member | Trustee | 0 | $0 |
Chasty Underwood Board Member | Trustee | 0 | $0 |
Dean F Cikins Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $55,175 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,250,882 |
All other contributions, gifts, grants, and similar amounts not included above | $4,309,703 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,615,760 |
Total Program Service Revenue | $370,615 |
Investment income | $7,244 |
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 | $9,088,748 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $223,731 |
Compensation of current officers, directors, key employees. | $78,306 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,792,250 |
Pension plan accruals and contributions | $103,114 |
Other employee benefits | $656,837 |
Payroll taxes | $312,108 |
Fees for services: Management | $596,579 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $166,941 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $12,747 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $159,149 |
Travel | $64,616 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $250,102 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,913 |
Insurance | $35,127 |
All other expenses | $30,777 |
Total functional expenses | $6,707,643 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,397,823 |
Savings and temporary cash investments | $191,014 |
Pledges and grants receivable | $417,272 |
Accounts receivable, net | $504,751 |
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 | $63,372 |
Net Land, buildings, and equipment | $94,622 |
Investments—publicly traded securities | $0 |
Investments—other securities | $306,685 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,160,954 |
Total assets | $8,136,493 |
Accounts payable and accrued expenses | $162,215 |
Grants payable | $0 |
Deferred revenue | $581,987 |
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 | $2,940,262 |
Total liabilities | $3,684,464 |
Net assets without donor restrictions | $1,278,037 |
Net assets with donor restrictions | $3,173,992 |
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 | $8,136,493 |