CARES CENTER INC (EIN 640823550) - 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

1992

Legal Domicile

Principal Officer

JOHN D DAMON

Phone

7697771001

Tax Period

2024-01-01 to 2024-12-31

CARES CENTER INC, founded in 1992, is a mid-sized nonprofit in the Education sector that reported $22.8M in total revenue in fiscal year 2024.

Mission

TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES BY PROVIDING A CONTINUUM OF COMPASSIONATE, MEASURABLE, AND EFFECTIVE BEHAVIORAL HEALTH AND SOCIAL SERVICES FOR CHILDREN AND FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,199,562

Program Service Revenue $19,511,399

Investment Income $78,768

Other Revenue $-18,986

TOTAL REVENUE $22,770,743

Expense Breakdown

Grants Paid $10,359

Salaries & Benefits $16,709,393

Fundraising Expenses $0

Program Expenses $18,352,530

Other Expenses $5,710,731

TOTAL EXPENSES $22,430,483

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,770,743	$21,496,088	+0.1%
Expenses	$22,430,483	$19,703,015	+0.1%
Net Income	$340,260	$1,793,073	-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

347

Volunteers

431

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

$2,077,801

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERRIBETH WRIGHT	BOARD MEMBER	2.00	Director	$0	$0	$0
DR ROBERT ABNEY	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN ARLEDGE	BOARD MEMBER	2.00	Director	$0	$0	$0
LISA BEMIS	PRESIDENT	5.00	Officer Director	$0	$0	$0
LAUREN SULSER BENNER	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES CHUSTZ	BOARD MEMBER	2.00	Director	$0	$0	$0
BARNEY DALY	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVE DENNIS	BOARD MEMBER	2.00	Director	$0	$0	$0
ALFRADO DONELSON	SECRETARY	2.00	Officer Director	$0	$0	$0
ROCHELLE HICKS	BOARD MEMBER	2.00	Director	$0	$0	$0
RANDY EURE	TREASURER	5.00	Officer Director	$0	$0	$0
GERARD GIBERT	BOARD MEMBER	2.00	Director	$0	$0	$0
MONICA HARRIGILL	BOARD MEMBER	2.00	Director	$0	$0	$0
SHERRY RAINEY	BOARD MEMBER	2.00	Director	$0	$0	$0
CRAIG JACKSON	BOARD MEMBER	2.00	Director	$0	$0	$0
WILL LAMPTON	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT LEARD	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
LAURIE MECREE	BOARD MEMBER	2.00	Director	$0	$0	$0
BRAD MALEY	BOARD MEMBER	2.00	Director	$0	$0	$0
JACKIE MECK JR	BOARD MEMBER	2.00	Director	$0	$0	$0
LATOYA MERRITT	ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
CHARLOTTE SEALS	BOARD MEMBER	2.00	Director	$0	$0	$0
DORIAN TURNER	BOARD MEMBER	2.00	Director	$0	$0	$0
JIA SCOTT	BOARD MEMBER	2.00	Director	$0	$0	$0
HANK WATERER	BOARD MEMBER	2.00	Director	$0	$0	$0
LANE CAMPBELL	BOARD MEMBER	2.00	Director	$0	$0	$0
JILL PIERCE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN DAMON	CHIEF EXECUTIVE OFFICER	5.00	Officer	$0	$33,456	$597,661
TERRY HIGHT	CHIEF OPERATING OFFICER	5.00	Officer	$0	$33,476	$377,567
ANGIE SUMMRALL	CHIEF FINANCIAL OFFICER	5.00	Officer	$0	$21,281	$345,101
TAMMY AMIS	CHIEF OF STAFF	5.00	Officer	$0	$22,622	$250,706
SHEA HUTCHINS	CHIEF SOLUTIONS OFFICER	5.00	Officer	$0	$19,929	$263,812
TAHETI WATSON	CHIEF PEOPLE OFFICER	5.00	Officer	$0	$18,195	$242,954
KOSCHER JACKSON	NURSE PRACTITIONER	40.00	Highest	$112,892	$9,872	$122,764
PHYLLIS PERTEET-OWENS	REGISTERED NURSE	57.00	Highest	$150,594	$7,558	$158,152
SEAN BREWER	DIRECTOR OF EDUCATION SOLU	40.00	Highest	$119,491	$15,979	$135,470
JENNIFER HAMILTON	REGISTERED NURSE	40.00	Highest	$117,472	$12,597	$130,069
MONICA ELLIS	NURSE PRACTITIONER	40.00	Highest	$117,331	$11,088	$128,419

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	$22,770,743	$22,430,483	$9,007,868	$340,260
2023	$21,496,088	$19,703,015	$9,029,600	$1,793,073
2022	$20,118,563	$17,222,051	$8,704,114	$2,896,512
2021	$17,114,688	$15,066,200	$2,449,159	$2,048,488
2020	$13,590,939	$14,209,981	$2,539,209	$-619,042
2019	$13,898,783	$14,017,823	$2,540,965	$-119,040
2018	$13,437,981	$13,153,429	$2,421,302	$284,552

CARES CENTER INC