CARY, NC
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE CARYING PLACE INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. The organization ran a surplus of $837K, a strong 52% operating margin.
THE CARYING PLACE TEACHES HOMELESS WORKING FAMILIES WITH CHILDREN LIFE SKILLS FOR ATTAINING INDEPENDENT LIVING WHILE PROVIDING SHORT-TERM HOUSING AND SUPPORT SERVICES TO ADDRESS THEIR INDIVIDUAL NEEDS.
THE CARYING PLACE'S (TCP) 16-WEEK LIFE SKILLS AND SHORT-TERM TRANSITIONAL HOUSING PROGRAM HELPS HOMELESS, WORKING FAMILIES MAKE THE TRANSITION TO ADEQUATE PERMANENT HOUSING AND SELF-SUFFICIENCY. WE...
THE CARYING PLACE'S (TCP) 16-WEEK LIFE SKILLS AND SHORT-TERM TRANSITIONAL HOUSING PROGRAM HELPS HOMELESS, WORKING FAMILIES MAKE THE TRANSITION TO ADEQUATE PERMANENT HOUSING AND SELF-SUFFICIENCY. WE SERVE ABOUT 36 FAMILIES A YEAR IN OUR HOUSING WITH AN AVERAGE OF 2-3 CHILDREN PER FAMILY. THEY LIVE RENT AND UTILITY-FREE WHILE IN A TCP-OWNED PROPERTY. TCP IS THE ONLY LIFE SKILLS TRAINING AND SHORT TERM TRANSITIONAL HOUSING PROGRAM IN CARY AND WESTERN WAKE COUNTY. OUR PROGRAM GOAL IS TO PREPARE FAMILIES FOR POST-PROGRAM HOUSING AND TO IMPROVE THEIR ABILITY TO PAY ALL OF THEIR NECESSARY LIVING EXPENSES. FAMILIES ARE ALSO ENCOURAGED TO MAINTAIN SAVINGS FOR EMERGENCIES (MEDICAL CARE, CAR REPAIRS, ETC.). JUST AS IMPORTANT, FAMILIES DEVELOP THE PLANS AND SELF-CONFIDENCE NEEDED TO SUSTAIN THEIR HOUSING AND NEW LIFE SKILLS LONG-TERM. OUR PROGRAM STAFF MATCHES TRAINED ADULT SUPPORT TEAM AND CARING SPONSOR VOLUNTEERS WITH PROGRAM PARTICIPANTS TO TEACH AND CELEBRATE PROGRESS IN FINANCIAL MANAGEMENT, PLANNING SKILLS, AND INDEPENDENT HOUSING ATTAINMENT. THESE VOLUNTEERS MEET WITH THEIR FAMILY WEEKLY AND FOCUS ON BUDGETING, GOAL SETTING, RESOURCE LINKING, AND TIME MANAGEMENT. PARTICIPANTS REPORT WEEKLY SPENDING, ACCOMPLISHMENTS, AND CHALLENGES AND THEN CREATE NEW GOALS AND A PLANNED BUDGET TO HELP GUIDE THEM IN SUBSEQUENT WEEKS. WE EMPLOY ABOUT 300 VOLUNTEERS INCLUDING THE ONES MENTIONED ABOVE, PROPERTY VOLUNTEERS, OFFICE VOLUNTEERS, EVENT VOLUNTEERS, BOARD VOLUNTEERS AND VARIOUS VOLUNTEER GROUPS. TCP ALSO PROVIDES A WEEKLY CHILDREN'S PROGRAM WITH STAFF AND VOLUNTEERS THAT OFFER LIFE ENRICHMENT ACTIVITIES TO THE CHILDREN IN OUR FAMILIES. CHILDREN'S PROGRAM OFFERS RESOURCES SUCH AS ACCESS TO CHILDCARE, EDUCATIONAL IMPROVEMENT, EXTRACURRICULAR/FUN SKILL BUILDING ACTIVITIES. WE ALSO PROVIDE ONGOING LIFE SKILLS INFORMATION AND MORAL SUPPORT TO ABOUT 45 DIFFERENT GRADUATE FAMILIES ANNUALLY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,617,245 | $979,903 | +0.7% |
| Expenses | $779,926 | $732,025 | +0.1% |
| Net Income | $837,319 | $247,878 | +2.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| FRANK FRISCHAUF | PAST PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAUREN CHAPELL | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY DIEBLER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN COLLINS | SECRETARY TO 6/30/2024 | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEPHANE DANIEL | SECRETARY FROM 06/30/2024 | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAI HILL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KYLE GREER | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| ALPESH KARSALIA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON BARRON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CLARK RADFORD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN GORHAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM HUGHES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HANNAH WAIT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SIDNEY CHOW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE MOORE-MARTINEZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WA SHAWNTA JOHNSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE COVINGTON | EXECUTIVE DIRECTOR | 50.00 |
Officer
|
$101,998 | $0 | $101,998 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,617,245 | $779,926 | $4,951,376 | $837,319 |
| 2023 | $979,903 | $732,025 | $3,600,770 | $247,878 |
| 2022 | $1,592,750 | $809,787 | $3,984,783 | $782,963 |
| 2021 | $949,912 | $537,684 | $2,838,798 | $412,228 |
| 2020 | $572,183 | $348,450 | $2,255,295 | $223,733 |
| 2019 | $617,468 | $328,428 | $1,923,864 | $289,040 |
| 2018 | $591,682 | $332,748 | $1,557,263 | $258,934 |
Compare THE CARYING PLACE INC with other nonprofits in North Carolina and across the country.