CAREITY FOUNDATION (EIN 061704800) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

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

SAVING LIVES WITH EARLY DETECTION AND COLLABORATING WITH MEDICAL PROFESSIONALS FOR AFFORDABLE PATIENT SERVICES.

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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%)

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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

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

CAREITY FOUNDATION