Carebag Inc
- Assets
- $45.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Saint Lucie, FL
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-5073954
Organization Overview
Carebag Inc is located in Port Saint Lucie, FL. The organization was established in 2017. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, 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. Carebag 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, Carebag Inc generated $53.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $66.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PURCHASED A MOBILE SHOWER UNIT TO PROVIDE HOT SHOWERS TO THE HOMELESS AND THOSE IN NEED
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,150 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $23,500 |
| Professional fees and other payments to independent contractors | $2,371 |
| Occupancy, rent, utilities, and maintenance | $10,770 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $30,170 |
| Total expenses | $66,811 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,510 |
| Other assets | $0 |
| Total assets | $45,110 |
| Total liabilities | $6,758 |
| Net assets or fund balances | $38,352 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carebag Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Hobe Sound Community Chest Inc Hobe Sound, FL PURPOSE: ASSIST ORGANIZATION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Fulton Community Charities Inc Roswell, GA | $11,894,105 | $9,822,757 |
Guadalupe Center Inc Immokalee, FL | $34,725,247 | $10,336,236 |
Suwannee River Economic Council Inc Live Oak, FL | $11,040,915 | $10,809,729 |
The Center For Family Resources Inc Marietta, GA | $3,412,600 | $7,984,553 |
United Food Bank And Services Of Plant City Inc Plant City, FL | $2,071,779 | $8,259,212 |
Jesus House Of Hope Inc Stuart, FL | $4,353,557 | $8,126,486 |
Law Enforcement Officers Relief Fund Inc Sarasota, FL | $947,291 | $7,460,031 |
Tarpon Springs Shepherd Center Inc Tarpon Springs, FL | $1,718,168 | $6,908,224 |
Interfaith Emergency Services Inc Ocala, FL | $5,963,488 | $6,296,674 |
Beaches Emergency Assistance Ministry Inc Jacksonville Beach, FL | $4,037,553 | $5,462,867 |
Bread Of Life Development Ministries Inc Conyers, GA | $1,877,243 | $3,897,877 |
Alabama Rural Coalition Of The Homeless Inc Montgomery, AL | $10,314,328 | $2,605,908 |