CAREITY FOUNDATION

EIN: 061704800 501(c)(3) Diseases & Disorders

FORT WORTH, TX

Total Revenue
$1,151,305
Total Expenses
$670,400
Total Assets
$3,534,425
Net Assets
$3,510,451
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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
TX
Principal Officer
BEVERLY BRANCH
Phone
8178824100
Tax Period
2023-01-01 to 2023-12-31

CAREITY FOUNDATION, founded in 2003, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $481K, a strong 42% operating margin.

Mission

THE DIAGNOSIS IS JUST THE BEGINNING OF A VERY LONG JOURNEY FOR MANY CANCER PATIENTS. OUR GOAL IS TO SAVE LIVES AND STAY INVOLVED, HELPING AND SUPPORTING PATIENTS THROUGH THEIR JOURNEY, GIVING FAMILIES HOPE AND KEEPING THEM FOCUSED ON HEALING.

Program Service Accomplishments

Program 1
Expenses: $482,780

INDIVIDUALIZED PROGRAMS AND SERVICESFOR THE CANCER PATIENTCANCER PATIENTS AND THEIR FAMILIES CONFRONT A MYRIAD OF NEEDS, FROM MEDICAL CARE TO PSYCHOLOGICAL, SPIRITUAL AND EMOTIONAL ISSUES. EACH...

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INDIVIDUALIZED PROGRAMS AND SERVICESFOR THE CANCER PATIENTCANCER PATIENTS AND THEIR FAMILIES CONFRONT A MYRIAD OF NEEDS, FROM MEDICAL CARE TO PSYCHOLOGICAL, SPIRITUAL AND EMOTIONAL ISSUES. EACH PATIENT FACES A UNIQUE SET OF NEEDS. CAREITY FOUNDATION HELPS TO IDENTIFY SPECIFIC NEEDS AND PROVIDE INDIVIDUALIZED CARE THROUGH SUPPORTIVE CLINICAL SERVICES. IMPACTFUL PROGRAMS AND BENEFICIAL SERVICESPROVIDED BY CAREITY FOUNDATIONNUTRITIONAL COUNSELING AND SUPPLEMENTSA TRAINED DIETICIAN AND PERSONALIZED NUTRITION PLAN ASSIST EACH CANCER PATIENT WITH THE WEIGHT AND NUTRITION ISSUES THAT ARE OFTEN CAUSED BY CHEMOTHERAPY, HORMONAL THERAPY AND RADIATION THERAPY.COMMUNITY AWARENESS PROGRAMS AND OUTREACH.OPENED THE CAREITY BREAST CARE CENTER CIRCLE OF CARE TREATMENT WITH THE GOAL OF HAVING A COMPLETE TREATMENT PLAN WITHIN 72 HOURS RATHER THAN MULTIPLE MEETINGS OVER WEEKS WITH DIFFERENT SPECIALISTS. CLINICAL TRIALS:WHEN POSSIBLE, CANCER PATIENTS ARE GIVEN ACCESS TO CLINICAL TRIALS.PSYCHOTHERAPY COUNSELING: DEALING WITH THE EMOTIONAL ISSUES RELATED TO CANCER DIAGNOSIS, ANXIETY, GRIEF, STRESS, ANGER AND FEAR.PAIN MANAGEMENTPAIN, ANXIETY AND DRUG SENSITIVITIES CAN COMPLICATE OR INTENSIFY THE RIGOR OF CANCER TREATMENT. ACUPUNCTURE AND ONCOLOGY MASSAGE, NATURAL TREATMENTS FOR PAIN AND ANXIETY, EASE THE PATIENT'S JOURNEY THROUGH TREATMENT.TRAINING AND EDUCATIONA CANCER DIAGNOSIS THRUSTS CAREGIVERS AND PATIENTS INTO A COMPLICATED AND EXPENSIVE WORLD OF MEDICAL PROTOCOLS, DIAGNOSTIC TESTS, AND MORE. RESOURCES AND SUPPORT PROVIDE URGENT INFORMATION AND CARING GUIDANCE.CANCERGUIDE NAVIGATIONDEVELOPED BY THE CENTER FOR MIND-BODY MEDICINE IN WASHINGTON, D.C., THE CANCERGUIDE PROGRAM PROVIDES RELIABLE INFORMATION ON COMPLEMENTARY AND ALTERNATIVE (CAM) THERAPIES. A CANCERGUIDE EXPLAINS OPTIONS AND PROVIDES INFORMATION ABOUT THERAPIES AND TREATMENTS, DURING AND AFTER CANCER TREATMENT.CHAPLAIN SERVICESAVAILABLE FOR COUNSELING AND COMFORT FOR ALL OF OUR PATIENTS.ALL PROGRAMS AND SERVICES ARE PROVIDED BY LICENSED AND/OR ACCREDITED PROFESSIONALS. IN ALMOST ALL CASES, SERVICES ARE NOT COVERED BY INSURANCE, OR ARE COST-PROHIBITIVE. CAREITY FOUNDATION BELIEVES THAT THESE SERVICES ARE ESSENTIAL TO EFFECTIVE CARE FOR ALL CANCER PATIENTS.DIRECT PATIENT SERVICES1. OVER 7,900 CANCER PATIENT VISITS2. 800 GAS CARDS @ $50 EACH3. OVER 900 MAMMOGRAMS, DIAGNOSTICS, BIOPSIES, AND SURGICAL4. 1,500 PATIENTS HELPED WITH DIETARY AND NUTRITIONAL SERVICES5. 2,500 PATIENT SERVICES FOR PSYCHOTHERAPY, SOCIAL WORKER AND CHAPLAIN

Program 2
Expenses: $141,443

3-D MAMMOGRAMS, DIAGNOSTIC PROCEDURES INCLUDING ULTRASOUNDS, BIOPSIES, SURGERIES, FOOD AND GAS CARDS. EARLY DETECTION BEING CRITICAL FOR THE SUCCESSFUL TREATMENT OF CANCER PATIENTS, THIS PROGRAM IS A...

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3-D MAMMOGRAMS, DIAGNOSTIC PROCEDURES INCLUDING ULTRASOUNDS, BIOPSIES, SURGERIES, FOOD AND GAS CARDS. EARLY DETECTION BEING CRITICAL FOR THE SUCCESSFUL TREATMENT OF CANCER PATIENTS, THIS PROGRAM IS A CORNERSTONE FOR THE SUCCESS OF THE FOUNDATION.

Program 3

CAREITY FOUNDERS HAVE FORMED A NETWORK OF SERVICE PROVIDERS IN 5 COUNTIES. THIS COLLABORATION OF MEDICAL PROFESSIONALS HAS ENABLED CAREITY TO NEGOTIATE PAYMENTS FOR PATIENT NEEDS TO MANY FACILITIES...

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CAREITY FOUNDERS HAVE FORMED A NETWORK OF SERVICE PROVIDERS IN 5 COUNTIES. THIS COLLABORATION OF MEDICAL PROFESSIONALS HAS ENABLED CAREITY TO NEGOTIATE PAYMENTS FOR PATIENT NEEDS TO MANY FACILITIES AND MANY TIMES TO ELIMINATE DEBT FOR PATIENTS WHO OTHERWISE WOULD NOT BE ELIGIBLE FOR LIFE SAVING PROCEDURES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,097,554
Program Service Revenue $0
Investment Income $53,157
Other Revenue $594
TOTAL REVENUE $1,151,305

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $12,985
Program Expenses $624,223
Other Expenses $670,400
TOTAL EXPENSES $670,400

Year-over-Year Comparison

2023 2022 Change
Revenue $1,151,305 $1,144,286 +0.0%
Expenses $670,400 $721,120 -0.1%
Net Income $480,905 $423,166 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYN WALSH CEO 70.00
Officer Director
$0 $0 $0
BEVERLY BRANCH PRESIDENT 40.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,151,305 $670,400 $3,534,425 $480,905
2022 $1,144,286 $721,120 $2,731,462 $423,166
2021 $1,614,148 $754,582 $2,308,296 $859,566
2020 $801,976 $559,173 $1,467,128 $242,803
2019 $941,775 $645,302 $1,224,325 $296,473
2018 $1,001,440 $775,775 $927,852 $225,665
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