CARING FOR KIDS INC

EIN: 341796454 501(c)(3) Human Services

STOW, OH

Total Revenue
$6,850,620
Total Expenses
$6,718,256
Total Assets
$3,960,981
Net Assets
$2,458,078
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
OH
Principal Officer
JILL DAVIES
Phone
3309280044
Tax Period
2023-07-01 to 2024-06-30

CARING FOR KIDS INC, founded in 1996, is a community nonprofit in the Human Services sector that reported $6.9M in total revenue in fiscal year 2023.

Mission

CARING FOR KIDS, INC. (CFK) IS A PRIVATE, NON-PROFIT, FULL-SERVICE ADOPTION AND FOSTER CARE AGENCY OPERATING SINCE 1995. CFK SPECIALIZES IN DIVERSE AND INCLUSIVE BIRTH PARENT, FOSTER CARE, ADOPTION AND BEHAVIORAL HEALTH SERVICES. OUR MISSION IS TO SURROUND THOSE IMPACTED BY ADOPTION AND FOSTER CARE WITH COMPASSIONATE AND COMPETENT CARE.

Program Service Accomplishments

Program 1
Expenses: $3,438,075 Revenue: $3,308,007

FOSTER CARE PROGRAM - DURING THE 2023-2024 FISCAL YEAR, CFK PROVIDED CARE FOR 186 CHILDREN. FOSTER CARE HAS BEEN THE FOUNDATIONAL PROGRAM OF CFK FOR OVER 20 YEARS BY CERTIFYING FOSTER CAREGIVERS AND...

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FOSTER CARE PROGRAM - DURING THE 2023-2024 FISCAL YEAR, CFK PROVIDED CARE FOR 186 CHILDREN. FOSTER CARE HAS BEEN THE FOUNDATIONAL PROGRAM OF CFK FOR OVER 20 YEARS BY CERTIFYING FOSTER CAREGIVERS AND THUS, PROVIDING SAFE AND NURTURING HOMES FOR ABUSED AND NEGLECTED CHILDREN IN THE CUSTODY OF CHILD PROTECTIVE SERVICES. OVER THE YEARS WE HAVE SEEN A SIGNIFICANT INCREASE IN THE NUMBER OF CHILDREN COMING INTO FOSTER CARE RESULTING IN A CONSTANT NEED TO RECRUIT AND CERTIFY NEW FOSTER CAREGIVERS. OHIO CHILDREN ARE ENTERING FOSTER CARE AT A RATE NEVER BEFORE SEEN. THE MAIN REASONS FOR THE INCREASE IN NUMBERS OF CHILDREN COMING INTO CARE REVOLVE AROUND PARENTAL DRUG ADDICTION AND DOMESTIC VIOLENCE. SOMETIMES, CHILDREN DO NOT RETURN HOME, AND FOSTER CAREGIVERS ARE NEEDED TO NOT ONLY FOSTER BUT TO ADOPT CHILDREN WHO ARE PLACED WITH THEM. 50 OF THE 186 PLACEMENTS SWITCHED FROM FOSTER TO ADOPTION STATUS.

Program 2
Expenses: $770,503 Revenue: $1,150,098

ADOPTION PROVIDES A PERMANENT PLAN FOR A CHILD AND REPRESENTS A LIFELONG COMMITMENT. CHILDREN OF ALL AGES ARE AVAILABLE FOR ADOPTION THROUGH PRIVATE DOMESTIC ADOPTION OR THE PUBLIC CHILD WELFARE...

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ADOPTION PROVIDES A PERMANENT PLAN FOR A CHILD AND REPRESENTS A LIFELONG COMMITMENT. CHILDREN OF ALL AGES ARE AVAILABLE FOR ADOPTION THROUGH PRIVATE DOMESTIC ADOPTION OR THE PUBLIC CHILD WELFARE SYSTEM. PRIVATE DOMESTIC INFANT PROGRAM: DURING THE 2023-2024 FISCAL YEAR CFK PROVIDED SERVICES TO 131 EXPECTING PARENTS IN OHIO. THESE PARENTS EXPRESSED AN INTEREST IN LEARNING MORE ABOUT MAKING AN ADOPTION PLAN FOR THEIR NEWBORN OR PREVIOUSLY MADE AN ADOPTION PLAN. CFK PROVIDES PRE-AND POSTADOPTION COUNSELING, SUPPORTIVE SERVICES, EDUCATION ON THE STATE OF OHIO ADOPTION LAWS AND PREPARES THE SOCIAL AND MEDICAL HISTORY OF THE BIRTH PARENT(S). CFK WORKS WITH EXPECTANT PARENT(S) AND PRE-ADOPTIVE FAMILIES TO CREATE A PLAN RESPECTFUL OF EVERYONE INVOLVED, AS WELL AS PROVIDE COUNSELING AND SUPPORT SERVICES. CFK IS COMMITTED TO A THOUGHTFUL PROCESS AND OFFERS EXTENSIVE SUPPORT FOR THE ADOPTIVE PARENTS, THE EXPECTANT PARENTS, AND THE CHILDREN. CFK BELIEVES WORKING TOGETHER ALLOWS FOR THE BEST POSSIBLE MATCH WHICH WILL BENEFIT ALL MEMBERS OF THE ADOPTION TRIAD. CFK PLACED 27 NEWBORNS DURING THE 2023-2024 FISCAL YEAR. PUBLIC ADOPTION - CFK MATCHED 6 CHILDREN AVAILABLE FOR ADOPTION FROM THE PUBLIC CHILD WELFARE SYSTEM DURING THE 2023-2024 FISCAL YEAR. CHILDREN ARE MATCHED WITH ADOPTIVE FAMILIES BASED UPON THE ABILITY OF THE FAMILY TO MEET THE CHILD'S NEEDS.

Program 3
Expenses: $2,313,927

WENDY'S WONDERFUL KIDS RECRUITMENT - THIS PROGRAM WAS SUCCESSFUL IN FINALIZING 24 ADOPTIONS MAKING 53 ADOPTION MATCHES DURING THE 2023-2024 FISCAL YEAR. CFK HAS AN ONGOING PARTNERSHIP WITH THE DAVE...

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WENDY'S WONDERFUL KIDS RECRUITMENT - THIS PROGRAM WAS SUCCESSFUL IN FINALIZING 24 ADOPTIONS MAKING 53 ADOPTION MATCHES DURING THE 2023-2024 FISCAL YEAR. CFK HAS AN ONGOING PARTNERSHIP WITH THE DAVE THOMAS FOUNDATION FOR ADOPTION (DTF). DTF HAS AWARDED CFK 21 GRANTS CREATING A PRESENCE OF 21 WENDY'S WONDERFUL KIDS RECRUITERS ON OUR STAFF RECRUITING FAMILIES FOR THOSE CHILDREN WHO HAVE BEEN WAITING THE LONGEST FOR AN ADOPTIVE FAMILY AND HOME. THESE 21 SOCIAL WORKERS PROVIDE SERVICES TO OVER 350 CHILDREN COMBINED AT ANY GIVEN TIME.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,285,427
Program Service Revenue $4,458,105
Investment Income $63,675
Other Revenue $43,413
TOTAL REVENUE $6,850,620

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,976,569
Fundraising Expenses $7,339
Program Expenses $6,522,505
Other Expenses $2,741,687
TOTAL EXPENSES $6,718,256

Year-over-Year Comparison

2023 2022 Change
Revenue $6,850,620 $6,603,507 +0.0%
Expenses $6,718,256 $6,632,483 +0.0%
Net Income $132,364 $-28,976 -5.6%
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
6
Independent Members
6
Employees
87
Volunteers
80

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
9
$169,254
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL DAVIES EXECUTIVE DI 40.00
Officer
$151,964 $17,290 $169,254
ABBY ALEXANDER VICE PRES, R 2.00
Officer Director
$0 $0 $0
CHRISTINE BLASIOLE BOARD MEMBER 1.00
Director
$0 $0 $0
TELLI CARTER VICE PRESIDE 2.00
Officer Director
$0 $0 $0
EILEEN VAN FLEET PRESIDENT, R 2.00
Officer Director
$0 $0 $0
ROSE GABRIELE BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANNIE GARRETT TREASURER, R 2.00
Officer Director
$0 $0 $0
JAMES KAHOE PRESIDENT 2.00
Officer Director
$0 $0 $0
BETTY LIN-FISHER SECRETARY, R 2.00
Officer Director
$0 $0 $0
MEGHAN MEEKER TREASURER 2.00
Officer Director
$0 $0 $0
AMANDA WAGNER SECRETARY 2.00
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
2025 No data No data No data No data
2024 $6,850,620 $6,718,256 $3,960,981 $132,364
2023 $6,603,507 $6,632,483 $2,706,123 $-28,976
2022 $6,094,464 $5,597,368 $2,594,252 $497,096
2021 $5,059,020 $4,655,467 $2,258,086 $403,553
2020 $4,387,154 $4,388,543 $2,072,447 $-1,389
2019 $4,225,845 $4,156,137 $1,644,652 $69,708
2018 $4,138,686 $3,735,931 $1,532,078 $402,755
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