A CARING SOLUTION INC

EIN: 814109704 501(c)(3) Mental Health

MORGANTON, NC

Total Revenue
$315,410
Total Expenses
$297,402
Total Assets
$30,935
Net Assets
$30,935
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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
2017
Legal Domicile
NC
Tax Period
2023-01-01 to 2023-12-31

A CARING SOLUTION INC, founded in 2017, is a small nonprofit in the Mental Health sector that reported $315K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $297K left a modest 6% surplus.

Mission

To restore individuals who have experienced a life changing event by promoting their well being and self sufficiency

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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 (2023)

Revenue Breakdown

Contributions & Grants $315,410
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $315,410

Expense Breakdown

Grants Paid $0
Salaries & Benefits $197,090
Fundraising Expenses $0
Program Expenses $297,402
Other Expenses $100,312
TOTAL EXPENSES $297,402

Year-over-Year Comparison

2023 2022 Change
Revenue $315,410 $251,579 +0.3%
Expenses $297,402 $264,681 +0.1%
Net Income $18,008 $-13,102 -2.4%
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

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Governance

Voting Members
4
Independent Members
4
Employees
8
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melaina Rhoney President 5.00
Director
$0 $0 $0
Jennifer Smith Secretary 5.00
Director
$0 $0 $0
Teagan Brown Vice President 5.00
Director
$0 $0 $0
Arwen March Treasurer 15.00
Officer
$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 No data No data No data No data
2023 $315,410 $297,402 $30,935 $18,008
2019 $289,459 $294,507 $20,548 $-5,048
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