CaringBridge

EIN: 421529394 501(c)(3) Health Care

Bloomington, MN

Total Revenue
$10,634,739
Total Expenses
$10,715,400
Total Assets
$5,445,815
Net Assets
$4,411,201
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MN
Principal Officer
Stephanie Schmid
Phone
6514527940
Tax Period
2025-01-01 to 2025-12-31

CaringBridge, founded in 2002, is a mid-sized nonprofit in the Health Care sector that reported $10.6M in total revenue in fiscal year 2025.

Mission

CaringBridge has a single vision: a world where no one goes through a health journey alone. In order to turn this vision into reality, we've made it our mission to build bridges of care and communication providing love and support on a health journey.

Program Service Accomplishments

Program 1
Expenses: $7,977,256

CaringBridge is a nonprofit health platform that surrounds families with support during a health journey. As a donor-supported nonprofit founded in 1997, the organization offers tools to share and...

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CaringBridge is a nonprofit health platform that surrounds families with support during a health journey. As a donor-supported nonprofit founded in 1997, the organization offers tools to share and document a health journey, simplify care coordination, and connect caregivers with a supportive community. Feelings of being overwhelmed, isolated, and lonely are prevalent among family caregivers and the loved ones they support on a health journey. By building social support and improving emotional health, CaringBridge addresses those needs, helping people come together in support of healing. (Continued on Schedule O) In 2025, CaringBridge supported 41,061 pages, delivering hope and healing to caregivers and their loved ones they support on a health journey.2/3 of CaringBridge family caregivers receive a matched offer of support within 24 hours of their request.Approximately 57% of pages are started for a cancer health journey; the highest of any health condition is breast cancer (13%).75% of pages result in a positive outcome, from remission to recovery.Emotional and Social Support:13.4 million posts, reactions, comments and tributes annually647,335 AMP heart reactions a month1 million average comments and reactions per month1500 messages per hourFinancial Support:$609,720 GoFundMe average monthly dollars raised for patients318 average gift cards delivered monthly to patients In 2025 CaringBridge had 119,786 donors and 142,866 gifts.

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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 (2025)

Revenue Breakdown

Contributions & Grants $10,319,126
Program Service Revenue $0
Investment Income $67,608
Other Revenue $248,005
TOTAL REVENUE $10,634,739

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,921,153
Fundraising Expenses $1,273,998
Program Expenses $7,977,256
Other Expenses $4,674,247
TOTAL EXPENSES $10,715,400

Year-over-Year Comparison

2025 2024 Change
Revenue $10,634,739 $10,712,173 0.0%
Expenses $10,715,400 $11,608,997 -0.1%
Net Income $-80,661 $-896,824 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
46
Volunteers
20

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
7
$924,168
Total Directors
15
$0
Key Employees
1
$231,010
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sarah Krevans Chair 2.00
Officer Director
$0 $0 $0
Linda Ireland Vice Chair 2.00
Officer Director
$0 $0 $0
Calvin Allen Treasurer 2.00
Officer Director
$0 $0 $0
Kevin O'Leary Director 2.00
Director
$0 $0 $0
Paurvi Bhatt Director 2.00
Director
$0 $0 $0
Sara Ratner Director 2.00
Director
$0 $0 $0
Molly Jungbauer Director (Until Aug 2025) 2.00
Director
$0 $0 $0
Adrian Slobin Director 2.00
Director
$0 $0 $0
Cris Ross Director 2.00
Director
$0 $0 $0
Sandy Chung Director 2.00
Director
$0 $0 $0
Kristy Lindquist Director 2.00
Director
$0 $0 $0
Jonathan Henderson Director (Beg Sept 2025) 2.00
Director
$0 $0 $0
Paolo Narcisso Director (Beg Sept 2025) 2.00
Director
$0 $0 $0
Scott Spiker Director 2.00
Director
$0 $0 $0
Steve Margolis Director 2.00
Director
$0 $0 $0
Annalee Lutgen Interim CFO (Until Jan) 20.00
Officer
$0 $0 $0
Tia Newcomer CEO 40.00
Officer
$430,936 $24,319 $455,255
Thabani Sinkula CFO 40.00
Officer
$175,807 $28,745 $204,552
Stephanie SchmidPresident and Incoming Interim CEO (Oct-Dec) 40.00
Officer
$229,277 $35,084 $264,361
Tom Booth Chief Information Officer 40.00
Key Emp
$220,972 $10,038 $231,010
Mark Phillips Vice President of Technology 40.00
Highest
$203,436 $6,778 $210,214
Ramla Hasanali Director of Product 40.00
Highest
$174,764 $17,619 $192,383
Michelle Sheu Product Manager 40.00
Highest
$143,496 $15,381 $158,877
Hai Nguyen Software Engineer 40.00
Highest
$144,973 $5,840 $150,813
Gustavo Reyes Engineering Manager 40.00
Highest
$140,095 $16,068 $156,163
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 $10,634,739 $10,715,400 $5,445,815 $-80,661
2024 $10,712,173 $11,608,997 $5,379,299 $-896,824
2023 $12,845,325 $11,751,363 $6,535,180 $1,093,962
2022 $11,195,292 $11,673,862 $4,789,719 $-478,570
2021 $10,947,977 $10,933,874 $5,186,201 $14,103
2020 $11,426,072 $9,747,760 $5,201,375 $1,678,312
2019 $9,745,476 $11,037,887 $3,847,348 $-1,292,411
2018 $8,059,769 $8,766,739 $6,509,649 $-706,970
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