OAK CITY CARES INC

EIN: 830826329 501(c)(3) Housing & Shelter

RALEIGH, NC

Total Revenue
$2,047,735
Total Expenses
$2,379,009
Total Assets
$1,604,190
Net Assets
$1,487,973
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NC
Principal Officer
KATHRYN JOHNSON
Phone
9843449599
Tax Period
2024-07-01 to 2025-06-30

OAK CITY CARES INC, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $2.4M exceeded revenue, resulting in a 16% operating deficit.

Mission

OAK CITY CARES IS A PUBLIC-PRIVATE PARTNERSHIP THAT EXISTS TO SUPPORT THE SELF-DETERMINATION OF OUR NEIGHBORS EXPERIENCING HOMELESSNESS THROUGH TRUSTING RELATIONSHIPS AND CONNECTIONS TO COORDINATED SERVICES THAT INCREASE THEIR ABILITY TO BE SAFELY AND STABLY HOUSED.

Program Service Accomplishments

Program 1
Expenses: $1,246,284

COORDINATED CARE PROGRAM: OAK CITY CARES' COORDINATED CARE PROGRAM SERVES AS A POINT OF ENTRY INTO HOMELESS AND HOUSING SERVICES FOR THOSE EXPERIENCING HOMELESSNESS AND HOUSING CRISES IN WAKE COUNTY...

Read more

COORDINATED CARE PROGRAM: OAK CITY CARES' COORDINATED CARE PROGRAM SERVES AS A POINT OF ENTRY INTO HOMELESS AND HOUSING SERVICES FOR THOSE EXPERIENCING HOMELESSNESS AND HOUSING CRISES IN WAKE COUNTY. CARE COORDINATORS CONDUCT INTAKE ASSESSMENTS AND THEN CONNECT GUESTS TO EMERGENCY SHELTER, ONSITE MEDICAL AND BEHAVIORAL HEALTH PROVIDERS, MEDICAID AND SNAP BENEFITS, AND MANY MORE ONSITE SERVICES. THIS COORDINATED APPROACH AIMS TO MAKE HOMELESSNESS RARE, BRIEF, AND NON-RECURRING IN WAKE COUNTY. DURING THIS FISCAL YEAR, OAK CITY CARES STABILIZED A TOTAL OF 194 HOUSEHOLDS IN HOUSING THROUGH THE CARE COORDINATION PROGRAM.

Program 2
Expenses: $211,921

WEEKEND MEALS PROGRAM: OAK CITY CARES SERVES ABOUT 1,850 MEALS EACH WEEKEND TO APPROXIMATELY 1103 UNDUPLICATED INDIVIDUALS. MANY OF THESE INDIVIDUALS ARE EXPERIENCING HOMELESSNESS AND HAVE NO OTHER...

Read more

WEEKEND MEALS PROGRAM: OAK CITY CARES SERVES ABOUT 1,850 MEALS EACH WEEKEND TO APPROXIMATELY 1103 UNDUPLICATED INDIVIDUALS. MANY OF THESE INDIVIDUALS ARE EXPERIENCING HOMELESSNESS AND HAVE NO OTHER ACCESS TO FOOD/MEAL PROGRAMS DURING THE WEEKENDS, AND OTHERS ARE OUR COMMUNITY MEMBERS EXPERIENCING FOOD INSECURITY. DURING THIS FISCAL YEAR, OAK CITY CARES' WEEKEND MEALS PROGRAM SERVED A TOTAL OF 74,561 MEALS.

Program 3
Expenses: $259,137

BASIC NEEDS PROGRAM: GUESTS OF OAK CITY CARES ARE PROVIDED WITH ACCESS TO SHOWERS, LAUNDRY, A HOSPITALITY AREA WITH COFFEE, COMPUTERS, AND CELL PHONE CHARGING STATIONS. VOLUNTEERS PLAY IMPORTANT...

Read more

BASIC NEEDS PROGRAM: GUESTS OF OAK CITY CARES ARE PROVIDED WITH ACCESS TO SHOWERS, LAUNDRY, A HOSPITALITY AREA WITH COFFEE, COMPUTERS, AND CELL PHONE CHARGING STATIONS. VOLUNTEERS PLAY IMPORTANT ROLES BY HELPING GUESTS FEEL A SENSE OF CONNECTION TO A COMMUNITY, HELPING TO RENEW HOPE. THESE SERVICES ARE ESSENTIAL FOR THOSE EXPERIENCING HOMELESSNESS TO MOVE THEM FORWARD ONTO THEIR PATHWAY TO HOUSING. DURING THIS FISCAL YEAR, OAK CITY CARES' BASIC NEEDS PROGRAM PROVIDED 43,827 SERVICES TO 5,982 UNDUPLICATED INDIVIDUALS.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,033,541
Program Service Revenue $0
Investment Income $43,025
Other Revenue $-28,831
TOTAL REVENUE $2,047,735

Expense Breakdown

Grants Paid $372,933
Salaries & Benefits $1,552,031
Fundraising Expenses $266,290
Program Expenses $1,717,342
Other Expenses $454,045
TOTAL EXPENSES $2,379,009

Year-over-Year Comparison

2024 2023 Change
Revenue $2,047,735 $1,675,776 +0.2%
Expenses $2,379,009 $1,877,244 +0.3%
Net Income $-331,274 $-201,468 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
20
Independent Members
20
Employees
36
Volunteers
1843

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
$139,608
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN JOHNSON EXECUTIVE DI 40.00
Officer
$116,005 $23,603 $139,608
REBECCA MEYER TREASURER 3.00
Director
$0 $0 $0
STEPHANIE POLEY SECRETARY 2.00
Director
$0 $0 $0
MICHAEL DEBENDER BOARD CHAIR 3.00
Director
$0 $0 $0
MICHELE GRANT VICE CHAIR 2.00
Director
$0 $0 $0
KRISTIN COWAN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS LINDGREN DIRECTOR 1.00
Director
$0 $0 $0
PABLO ESCOBAR DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY JONES DIRECTOR 1.00
Director
$0 $0 $0
DR BRIAN KLAUSNER DIRECTOR 1.00
Director
$0 $0 $0
REV FRANK WHITE DIRECTOR 1.00
Director
$0 $0 $0
JAMES BRADLEY CRONE DIRECTOR 1.00
Director
$0 $0 $0
BYRON LEAK DIRECTOR 1.00
Director
$0 $0 $0
ROBERTA SMITH DIRECTOR 1.00
Director
$0 $0 $0
JOYCE KOHN DIRECTOR 1.00
Director
$0 $0 $0
BARKLEY SAMPLE DIRECTOR 1.00
Director
$0 $0 $0
AMY FRACCOLA DIRECTOR 1.00
Director
$0 $0 $0
DERRICK HOOVER DIRECTOR 1.00
Director
$0 $0 $0
DREW D'ASARO DIRECTOR 1.00
Director
$0 $0 $0
RICK MILLER-HARAWAY DIRECTOR 1.00
Director
$0 $0 $0
JOHNNIE THOMAS DIRECTOR 1.00
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
2025 $2,047,735 $2,379,009 $1,604,190 $-331,274
2024 $1,675,776 $1,877,244 $1,909,524 $-201,468
2023 $1,314,693 $1,419,701 $2,081,468 $-105,008
2022 $1,564,048 $1,104,778 $2,233,932 $459,270
2021 $1,057,800 $1,046,914 $1,824,344 $10,886
2020 $1,127,737 $736,050 $1,830,618 $391,687
2019 $1,844,299 $580,419 $1,712,199 $1,263,880
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare OAK CITY CARES INC with other nonprofits in North Carolina and across the country.