Caringworks Inc
- Assets
- $2.6m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 89
- Location
- Decatur, GA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 56-2370081
Organization Overview
Caringworks Inc is located in Decatur, GA. The organization was established in 2004. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Caringworks Inc employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caringworks 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, Caringworks Inc generated $11.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $10.4m during the year ending 12/2021. While expenses have increased by 12.4% 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
CARINGWORKS OFFERS CHRONICALLY HOMELESS CLIENTS ACCESS TO HOUSING, CASE MANAGEMENT SUPPORT, COMPREHENSIVE MENTAL HEALTH TREATMENT, AND SUBSTANCE ABUSE SERVICES " ALL UNDER ONE ROOF AND SERVED OVER 1,000 PEOPLE AT OVER 20 SITES THROUGHOUT SIX METRO ATLANTA AREA COUNTIES IN 2021.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARINGWORKS STRIVES TO REDUCE HOMELESSNESS AND EMPOWER THE MARGINALIZED BY PROVIDING ACCESS TO HOUSING AND SERVICES THAT FOSTER DIGNITY, SELF-SUFFICIENCY, AND WELL-BEING. PROGRAMS INCLUDE TRANSITIONAL HOUSING, PERMANENT SUPPORTIVE HOUSING, AND BEHAVIORAL HEALTH SERVICES. IN 2021, CARINGWORKS WORKED WITH OVER 1,000 CLIENTS AT 24 SITES LOCATED THROUGHOUT SIX COUNTIES IN THE METROPOLITAN ATLANTA AREA. DURING 2021, 90% OF OUR CLIENTS REMAINED STABLY HOUSED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Collard President | Officer | 40 | $179,125 |
Chris Hester CFO | Officer | 40 | $142,800 |
Stephanie Burkes Director Of Residential Services | 40 | $104,384 | |
Barbara Peters Director Of External Affairs | 40 | $102,769 | |
Allyson Mccarthy Secretary | OfficerTrustee | 2 | $0 |
Colin Edelstein Chair | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Institute For Mind Wellness Psychiatric Services | 12/30/20 | $166,793 |
Visions Of Life Counseling & Consulting Therapy And Services | 12/30/20 | $132,373 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,549,912 |
| All other contributions, gifts, grants, and similar amounts not included above | $850,991 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,400,903 |
| Total Program Service Revenue | $684,118 |
| Investment income | $1,245 |
| 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 | $11,086,266 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,674,324 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $349,417 |
| Compensation of current officers, directors, key employees. | $263,562 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,737,906 |
| Pension plan accruals and contributions | $15,750 |
| Other employee benefits | $575,917 |
| Payroll taxes | $254,743 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $160 |
| Fees for services: Accounting | $53,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $21,140 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,417,994 |
| Advertising and promotion | $5,743 |
| Office expenses | $235,678 |
| Information technology | $45,514 |
| Royalties | $0 |
| Occupancy | $175,460 |
| Travel | $35,496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,856 |
| Insurance | $119,249 |
| All other expenses | $65,083 |
| Total functional expenses | $10,366,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $881,016 |
| Savings and temporary cash investments | $149,909 |
| Pledges and grants receivable | $1,157,226 |
| Accounts receivable, net | $34,575 |
| 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 | $280,961 |
| Net Land, buildings, and equipment | $64,894 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,568,581 |
| Accounts payable and accrued expenses | $241,518 |
| Grants payable | $0 |
| Deferred revenue | $14,400 |
| 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 | $24,826 |
| Total liabilities | $280,744 |
| Net assets without donor restrictions | $1,824,537 |
| Net assets with donor restrictions | $463,300 |
| 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 | $2,568,581 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Caringworks Inc has recieved totaling $634,585.
| Awarding Organization | Amount |
|---|---|
Joseph B Whitehead Foundation Atlanta, GA PURPOSE: CAPACITY-BUILDING SUPPORT TO EXPAND HOUSING AND BEHAVIORAL HEALTH SERVICES FOR HOMELESS AND LOW-INCOME CLIENTS. | $350,000 |
The Community Foundation For Greater Atlanta Inc Atlanta, GA PURPOSE: HUMAN SERVICES | $125,000 |
Greene-Sawtell Foundation Ua 03-14-1963 041201114422 Orlando, FL PURPOSE: HOPE HOUSE CAPITAL | $50,000 |
Second Helpings Atlanta Inc Atlanta, GA PURPOSE: FEED THE FOOD INSECURE | $49,128 |
Atlanta Foundation Las Vegas, NV PURPOSE: GENERAL SUPPORT | $25,000 |
Georgia Health Foundation Inc Atlanta, GA PURPOSE: PROGRAM SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Community Partnership For Children Inc Daytona Beach, FL | $7,398,466 | $42,384,599 |
Palmetto Goodwill North Charleston, SC | $100,114,143 | $50,949,954 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Mid Florida Community Services Inc Brooksville, FL | $8,295,258 | $33,232,002 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Catholic Charities Of The Archdiocese Of Miami Inc Wilton Manors, FL | $36,927,794 | $28,326,480 |
Miccosukee Corporation Miami, FL | $15,325,636 | $27,086,119 |
Jefferson County Committee For Economic Opportunity Birmingham, AL | $11,300,936 | $24,764,139 |