CARIDAD INC

EIN: 472578332 501(c)(3) Human Services

LAS VEGAS, NV

Total Revenue
$1,883,613
Total Expenses
$1,915,742
Total Assets
$71,225
Net Assets
$-110,840
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Principal Officer
MERIDETH SPRIGGS
Phone
7023501880
Tax Period
2024-01-01 to 2024-12-31

CARIDAD INC, founded in 2014, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

STREET BASED HOMELESS OUTREACH

Program Service Accomplishments

Program 1
Expenses: $1,702,138 Revenue: $1,141,125

CARIDAD WILL CONTINUE TO CONDUCT STREET BASED HOMELESS OUTREACH IN THE DOWNTOWN AREA OF LAS VEGAS WITH THE GOAL OF REDUCING THE LOCAL UNSHELTERED HOMELESS POPULATION. SPECIFICALLY, THIS HOMELESS...

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CARIDAD WILL CONTINUE TO CONDUCT STREET BASED HOMELESS OUTREACH IN THE DOWNTOWN AREA OF LAS VEGAS WITH THE GOAL OF REDUCING THE LOCAL UNSHELTERED HOMELESS POPULATION. SPECIFICALLY, THIS HOMELESS OUTREACH ENGAGEMENT WILL FOCUS ON PROVIDING A CUSTOMER SERVICE FOCUSED HOMELESS OUTREACH EFFORT TO ENGAGE THE UNSHELTERED HOMELESS POPULATION AND ASSIST THEM IN BECOMING DOCUMENT READY. IN ADDITION CARIDAD ASSIST IN PROVIDING REFERRALS TO THE APPROPRIATE RESOURCES FOR PANHANDLERS. CARIDAD HAD A TOTAL NUMBER OF OVER 1,800 ENCOUNTERS AMONG 342 UNIQUE CLIENTS IN DOWNTOWN LAS VEGAS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $738,445
Program Service Revenue $1,141,125
Investment Income $0
Other Revenue $4,043
TOTAL REVENUE $1,883,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $672,799
Fundraising Expenses $93,156
Program Expenses $1,702,138
Other Expenses $1,242,943
TOTAL EXPENSES $1,915,742

Year-over-Year Comparison

2024 2023 Change
Revenue $1,883,613 $1,480,138 +0.3%
Expenses $1,915,742 $1,504,947 +0.3%
Net Income $-32,129 $-24,809 +0.3%
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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Governance

Voting Members
5
Independent Members
4
Employees
52
Volunteers
780

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
1
$73,207
Total Directors
5
$73,207
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MERIDETH SPRIGGS ED & SECRETA 40.00
Officer Director
$63,011 $10,196 $73,207
AMY KRALLMAN DIRECTOR 2.00
Director
$0 $0 $0
MOODY MOHAMMED IGRAM DIRECTOR 2.00
Director
$0 $0 $0
RACHAEL BROWN DIRECTOR 2.00
Director
$0 $0 $0
JIM MALONE DIRECTOR 2.00
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 $1,883,613 $1,915,742 $71,225 $-32,129
2023 $1,480,138 $1,504,947 $133,682 $-24,809
2022 $1,300,829 $1,520,676 $80,168 $-219,847
2021 $610,023 $869,247 $179,827 $-259,224
2020 $605,517 $284,088 $975,824 $321,429
2019 $159,622 $94,950 $61,822 $64,672
2018 $135,888 $126,131 $7,612 $9,757
2018 $136,890 $137,595 $3,970 $-705
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