CARENET PREGNANCY CENTER OF OKANOGAN COUNTY

EIN: 911638873 501(c)(3) Health Care

OMAK, WA

Total Revenue
$220,818
Total Expenses
$267,284
Total Assets
$450,495
Net Assets
$447,305
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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
1994
Legal Domicile
WA
Principal Officer
GREG THORN
Phone
5094225506
Tax Period
2024-01-01 to 2024-12-31

CARENET PREGNANCY CENTER OF OKANOGAN COUNTY, founded in 1994, is a small nonprofit in the Health Care sector that reported $221K in total revenue in fiscal year 2024. Expenses of $267K exceeded revenue, resulting in a 21% operating deficit.

Mission

PREGNANCY AWARENESS & CARE

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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 $220,818
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $220,818

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,665
Fundraising Expenses $37,915
Program Expenses $207,737
Other Expenses $126,619
TOTAL EXPENSES $267,284

Year-over-Year Comparison

2024 2023 Change
Revenue $220,818 $218,191 +0.0%
Expenses $267,284 $246,554 +0.1%
Net Income $-46,466 $-28,363 +0.6%
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
7
Volunteers
8

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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG THORN PRESIDENT N/A
Officer
$0 $0 $0
KARLA PHILLIPS SECRETARY N/A
Officer Director
$0 $0 $0
DOLORES EDELMAN TREASURER N/A
Officer
$0 $0 $0
COLLEEN STORMS BOARD MEMBER N/A
Director
$0 $0 $0
CLARK KRAEMER VICE PRESIDE N/A
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 $220,818 $267,284 $450,495 $-46,466
2023 $218,191 $246,554 $496,244 $-28,363
2022 $332,746 $252,959 $531,137 $79,787
2021 $231,366 $125,675 $456,889 $105,691
2019 $196,568 $162,272 $296,369 $34,296
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