Cr Cares Inc
- Assets
- $4.4k
- Revenue
- $725.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 11/2016
- Data as of
- 12/2020
- EIN
- 81-1280250
Organization Overview
Cr Cares Inc is located in Virginia Beach, VA. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cr Cares 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 12/2020, Cr Cares Inc generated $725.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $727.8k during the year ending 12/2020. While expenses have increased by 41.9% per year over the past 5 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.
Since 2017, Cr Cares Inc has awarded 49 individual grants totaling $1,446,428. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
CR CARES ACTS AS A SOURCE OF SUPPORT TO THOSE EMPLOYED AT CHANTEL RAY REAL ESTATE AND ITS AFFILIATED COMPANIES. CR CARES EXISTS TO HELP PROVIDE LOCAL CHURCHES CHRISTIAN ORGANIZATIONS AND NON-PROFIT ORGANIZATIONS WITH FOOD CLOTHING SHELTER AND FREE MEDICAL CARE FOR PEOPLE IN NEED. LASTLY CR CARES EXISTS TO HELP LOCAL CHURCHES AND ORGANIZATIONS THAT ARE TRYING TO REACH PEOPLE FOR CHRIST. THE ULTIMATE FOCUS IS TO HELP THE PEOPLE OF HAMPTON ROADS TRANSFORM THEIR LIVES BY MEETING THEM AND SHARING A GOD THAT LOVES THEM AND WANTS A RELATIONSHIP WITH THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SUPPORT TO MORE THAN 26 CHURCHES AND ORGANIZATIONS IN THE HAMPTON ROADS AREA.
PROVIDED SUPPORT TO MORE THAN 26 CHURCHES AND ORGANIZATIONS IN THE HAMPTON ROADS AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tomasina Hood Chairman | Officer | 3 | $0 |
Chantel Ray Finch Director | Officer | 3 | $0 |
Marjorie Kane Treasurer | Officer | 3 | $0 |
Heather Roemnich Chairman | Officer | 3 | $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 | $725,606 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $725,606 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $725,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $724,802 |
| Grants and other assistance to domestic individuals. | $411 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $497 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,552 |
| Interest | $15 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $727,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,392 |
| 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 | $4,392 |
| Accounts payable and accrued expenses | $1,894 |
| 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 | $1,894 |
| Net assets without donor restrictions | $2,498 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,392 |
Grants Awarded
Over the last fiscal year, Cr Cares Inc has awarded $1,094,786 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Yorktown, VA | | $174,500 |
Yorktown, VA | | $174,500 |
Virginia Beach, VA | | $110,000 |
Virginia Beach, VA | | $110,000 |
Virginia Bch, VA | | $54,205 |
Virginia Bch, VA | | $54,205 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Dismas Charities Inc Louisville, KY | $50,549,022 | $73,995,842 |
Democracy Fund Inc Washington, DC | $93,636,268 | $59,747,292 |
Interchurch Medical Assistance Inc Washington, DC | $35,417,903 | $56,104,166 |
Mag America Inc Washington, DC | $11,970,594 | $53,429,692 |
Friends Of The World Food Program Inc Washington, DC | $25,343,754 | $59,828,688 |
Catholic Charities Of The Archdiocese Of Washington Inc Washington, DC | $69,271,644 | $52,757,033 |
Audubon Area Community Services Inc Owensboro, KY | $41,933,406 | $49,214,124 |
City First Enterprises Inc Washington, DC | $50,642,589 | $41,161,285 |
United Planning Organization Washington, DC | $21,957,692 | $39,543,643 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Jewish Social Service Agency Rockville, MD | $78,004,250 | $40,027,018 |