Caridad Center Foundation Inc

EIN: 863068351 501(c)(3) Health Care

Boynton Beach, FL

Total Revenue
$337,211
Total Expenses
$1,485,513
Total Assets
$2,375,286
Net Assets
$2,368,078
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
FL
Principal Officer
Constance Berry
Phone
5617376336
Tax Period
2024-01-01 to 2024-12-31

Caridad Center Foundation Inc, founded in 2021, is a small nonprofit in the Health Care sector that reported $337K in total revenue in fiscal year 2024. Revenue surged 199% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 341% operating deficit.

Mission

To receive and administer donations and bequests for the benefit and (continues on Schedule O) support of Caridad Center, Inc.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $337,211
Other Revenue $0
TOTAL REVENUE $337,211

Expense Breakdown

Grants Paid $1,458,575
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,458,575
Other Expenses $26,938
TOTAL EXPENSES $1,485,513

Year-over-Year Comparison

2024 2023 Change
Revenue $337,211 $112,740 +2.0%
Expenses $1,485,513 $15,876 +92.6%
Net Income $-1,148,302 $96,864 -12.9%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Constance Berry President 1.00
Officer Director
$0 $0 $0
Linda L Snelling Treasurer 2.00
Officer Director
$0 $0 $0
Sanjiv Sharma Secretary 2.00
Officer Director
$0 $0 $0
Robert Franden Director 1.00
Director
$0 $0 $0
Diana Lopez Vice President 1.00
Officer 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
2024 $337,211 $1,485,513 $2,375,286 $-1,148,302
2023 $112,740 $15,876 $3,552,829 $96,864
2022 $3,313,088 No data $3,217,634 No data
2021 No data No data No data No data
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