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Caringworks Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562370081 ✦ Decatur, GA ✦ Designated as a 501(c)(3)

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Overview

What is Caringworks Inc?

Caringworks Inc, located in Decatur, Georgia, is a dedicated nonprofit organization striving to combat homelessness. With a mission to empower the marginalized, they offer access to housing and services that promote dignity, self-sufficiency, and well-being. Their programs encompass transitional housing, permanent supportive housing, and behavioral health services. In 2022, they served over 1,000 clients at 24 sites across six counties in the Metropolitan Atlanta area, achieving a remarkable 90% stability rate in housing. Their work includes providing chronically homeless clients with housing and case management support, aiming to enhance their lives and support their journey towards self-sufficiency. The organization employs 102 individuals in its mission to reduce homelessness.


Official website here: www.caringworksinc.org

What are the reviews and ratings of this charity?

CaringWorks Inc has been awarded a Four-Star out of Four Star rating by Charity Navigator, with an impressive score of 99%. This rating is primarily based on the organization's accountability and financial health, highlighting a strong ethical foundation and fiscal responsibility. The nonprofit's commitment to transparency is evidenced by positive assessments across various parameters, including independent board composition, a thorough conflict of interest policy, and robust financial oversight mechanisms.

The organization's financial integrity is further reinforced by a high program expense ratio of 88.06%, showing that a major portion of its funds is directed towards its core programs. The organization has maintained excellent governance practices, with its liabilities to assets ratio and independent audit processes adding to its impressive financial credibility. Having majority independent board members underscores the nonprofit's commitment to unbiased governance and decision-making.

While some metrics, like impact measurement and cultural assessment, haven't been scored, CaringWorks Inc demonstrates a solid foundation in financial practices and accountability. The absence of user feedback from GreatNonprofits precludes an evaluation of community engagement or qualitative impact, but the outstanding accountability metrics suggest a dedication to ethical operation and financial stewardship.


This AI summary has been generated from information found on Charity Navigator.

Is Caringworks Inc legitimate?

Caringworks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Caringworks Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $544,277
Professional Fundraising Fees: $31,140
Other Salaries and Wages: $3,066,528

For more financial information, click here


Official website here: www.caringworksinc.org

What is the mission statement of Caringworks Inc?

Caringworks Inc's mission is centered around reducing homelessness and empowering marginalized individuals. They achieve this by providing access to housing and supportive services, fostering dignity, self-sufficiency, and overall well-being. Their programs encompass transitional housing, permanent supportive housing, and behavioral health services. In 2022, Caringworks served over 1,000 clients across 24 sites in six metropolitan Atlanta counties, with 90% of them maintaining stable housing throughout the year.


Official website here: www.caringworksinc.org

Who is the CEO of Caringworks Inc?

Carol S Collard is the Ceo of Caringworks Inc. The CEO's salary of Caringworks Inc is $186,048 and their total compensation is $202,094.


Official website here: www.caringworksinc.org

What is the revenue of Caringworks Inc?

Caringworks Inc's revenue in 2022 was $11,480,133.


Official website here: www.caringworksinc.org

Who are the executives of Caringworks Inc and what are their salaries?

The average compensation at Caringworks Inc during 2022 was $35,400. There are 102 employees and 15 volunteers at Caringworks Inc.


Here are 22 key members and their salaries (Caringworks Inc's CEO's salary is $186,048 and their total compensation is $202,094):


Dr Carol Collard (Ceo)
  • Compensation: $186,048
  • Related: $0
  • Other: $16,046
Chris Hester (Cfo)
  • Compensation: $150,209
  • Related: $0
  • Other: $5,519
Ashlee Starr (Coo)
  • Compensation: $108,707
  • Related: $0
  • Other: $14,875
Barbara Peters (Dir Of External Affairs)
  • Compensation: $107,086
  • Related: $0
  • Other: $15,795
Stephanie Burkes (Dir Of Residential Services)
  • Compensation: $109,504
  • Related: $0
  • Other: $12,755
Sophia Franklin (Clinical Director)
  • Compensation: $108,229
  • Related: $0
  • Other: $12,834
Ohelia Brown (Cfo - March-August 2022)
  • Compensation: $55,120
  • Related: $0
  • Other: $7,752
Tyron Rachal (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allyson Mccarthy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aisha Tucker-Brown Phd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Showell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Edelstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Elder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Hight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Kuniansky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mackelfresh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Addison Meriweather (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Mills (Director Through May 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunil Nicholas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anwar Reddick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Coughlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.caringworksinc.org

Where can I find the form 990 for Caringworks Inc?

Caringworks Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.caringworksinc.org

Learn more at the official website: www.caringworksinc.org

Mission Statement of Caringworks Inc

Caringworks Inc, an organization dedicated to reducing homelessness, aims to empower the marginalized by providing access to housing and services that promote dignity, self-sufficiency, and well-being. Their mission is to help individuals overcome homelessness, ensuring they regain their independence and live fulfilling lives. The nonprofit accomplishes this by offering a range of programs, including transitional housing, permanent supportive housing, and behavioral health services. These initiatives provide a supportive environment for their clients, enabling them to stabilize their living situations and work towards self-sufficiency. In 2022, Caringworks Inc served over 1,000 clients at 24 sites located across six counties in the metropolitan Atlanta area, with 90% of these clients maintaining stable housing throughout the year.

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Impact




July, 2024

Caringworks Inc's impact is significant in reducing homelessness and empowering marginalized individuals by providing access to housing and services that foster dignity, self-sufficiency, and well-being. Their programs, including transitional housing, permanent supportive housing, and behavioral health services, have positively impacted over 1,000 clients across six counties in the metropolitan Atlanta area in 2022. Notably, 90% of their clients remained stably housed during that period, demonstrating the effectiveness of their approach. Through their efforts, Caringworks is making a tangible difference in the lives of those in need, embodying their mission to reduce homelessness and empower marginalized individuals.




This information is meant to be a general summary of Caringworks Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,480,133 (2022)
Expenses
$12,161,488 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $135
  • Program Service Revenue: $669,290
  • Gross Receipts: $11,480,133

Assets and Liabilities:

  • Total Assets: $2,606,004
  • Total Liabilities: $999,522
  • Net Assets: $1,606,482

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CLIENT RENTAL FEES

Revenue

$551,582

THERAPY, HEALTH & WELLNESS SERVICES

Revenue

$104,268

AFFILIATE MANAGEMENT FEES

Revenue

$13,440

Organization Details

Founding Year

2002

Principal Officer

Carol S Collard

Main Address

2785 LAWRENCEVILLE HWY STE 205, DECATUR, GA, 30033

NTEE Category

Code: P20 - Human services

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