WINSTONSALEM, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE CARES PROJECT INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $363K in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $336K left a modest 8% surplus.
THE CARES PROJECT, INC. IS A NON-PROFIT CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SERVING PEOPLE WITH INCOMES AT OR BELOW EIGHT PERCENT OF THE AREA MEDIAN FAMILY INCOME WHO LIVE IN FORSYTH, DAVIE, AND DAVIDSON COUNTIES. THE ORGANIZATION'S MISSION IS TO HELP LOW INCOME INDIVIDUALS AND FAMILIES BECOME FINANCIALLY SECURE THROUGH CAR OWNERSHIP BY MAKING COMMUNITY-FUNDED VEHICLE LOANS AND BY BUILDING SKILLS THROUGH FINANCIAL AND CREDIT COACHING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $363,037 | $296,908 | +0.2% |
| Expenses | $335,657 | $252,945 | +0.3% |
| Net Income | $27,380 | $43,963 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICK HALL | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREW LAROWE | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELLE YOUNTS | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARCIA PHILLIPS | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRED BAZEMORE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NEAL CHEEK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RENEE GRIFFIN | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| COURTNEY JAMES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE REDD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT MCLAUGHLIN | CEO | 40.00 |
Officer
|
$88,171 | $0 | $88,171 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $363,037 | $335,657 | $678,502 | $27,380 |
| 2024 | $296,908 | $252,945 | $701,830 | $43,963 |
| 2023 | $424,564 | $241,947 | $504,552 | $182,617 |
| 2022 | $120,589 | $199,941 | $267,914 | $-79,352 |
| 2021 | $352,040 | $229,875 | $342,424 | $122,165 |
| 2020 | $258,904 | $203,856 | $218,878 | $55,048 |
| 2019 | $213,683 | $173,215 | $165,320 | $40,468 |
Compare THE CARES PROJECT INC with other nonprofits in North Carolina and across the country.