CARR CARES FOUNDATION INC (EIN 460730451) - 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

2013

Legal Domicile

Principal Officer

BRANDON CARR

Phone

9724041636

Tax Period

2023-03-01 to 2024-02-29

CARR CARES FOUNDATION INC, founded in 2013, is a micro nonprofit in the Human Services sector that reported $3K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 172% operating deficit.

Mission

TO PROVIDE EDUCATIONAL ENRICHMENT PROGRAMS TO ECONOMICALLY DISADVANTAGED CHILDREN.

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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 $3,109

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $3,110

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,805

Other Expenses $8,464

TOTAL EXPENSES $8,464

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,110	$10,173	-0.7%
Expenses	$8,464	$33,306	-0.7%
Net Income	$-5,354	$-23,133	-0.8%

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

N/A

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
BRANDON CARR	DIRECTOR	5.00	Director	$0	$0	$0
TROY FORTE	DIRECTOR	5.00	Director	$0	$0	$0
KELLI PETERSON	DIRECTOR	5.00	Director	$0	$0	$0
NATE CAVENDER	DIRECTOR	5.00	Director	$0	$0	$0
BRENDA SPENCER	DIRECTOR	5.00	Director	$0	$0	$0
RUSSELL WILLIAMS	DIRECTOR	5.00	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	$3,110	$8,464	$1,229	$-5,354
2023	$10,173	$33,306	$6,583	$-23,133
2022	$27,981	$42,453	$29,716	$-14,472
2021	$52,809	$28,619	$44,187	$24,190
2020	$138,504	$126,323	$19,996	$12,181
2019	$82,913	$77,209	$7,815	$5,704

CARR CARES FOUNDATION INC