Civic Intelligence

Caring Foundation Inc

EIN 33-4267369 • 501(c)3 • Atlantic City, NJ

Profile

To receive, maintain and administer a fund to assist and provide care, services, housing and facilities to and for the aged, the disabled and others in need.

14 South California AveAtlantic City, NJ 08401

www.caringinc.net

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

95th percentile

$773,633

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2025

Assets

$21,091,972

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$21,091,972

No earlier filing loaded for comparison.

Revenue

$21,093,262

No earlier filing loaded for comparison.

Expenses

$1,290

No earlier filing loaded for comparison.

Net Income

$21,091,972

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2025: $21,091,972Liabilities 2025: $0Net Assets 2025: $21,091,9722025

Highlighted filing

2025

Assets$21,091,972
Liabilities$0
Net Assets$21,091,972

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0Revenue 2025: $21,093,262Expenses 2025: $1,290Net Income 2025: $21,091,9722025

Highlighted filing

2025

Revenue$21,093,262
Expenses$1,290
Net Income$21,091,972

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$21.1$0.00$21.1$21.1$0.00$21.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Feb 3, 2026
Return Version
2024v5.5
Gross Receipts
$21,093,262
Mission and Program Overview

Mission

To receive, maintain and administer a fund to assist and provide care, services, housing and facilities to and for the aged, the disabled and others in need.

To receive, maintain and administer a fund to assist and provide care, services, housing andfacilities to and for the aged, the disabled and others in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities-$21,091,972-
Total Assets$0$21,091,972▲ $21,091,972
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$21,091,972-
Total Net Assets Fund Balance$0$21,091,972▲ $21,091,972
Total Liabilities and Net Assets / Fund Balance$0$21,091,972▲ $21,091,972
Compensation and Service Providers

Board Members and Trustees

NameTitle
Reverend Milton HendricksBoard Chair
Bob ConoverBoard Member
Donna FlorinBoard Member
Gary L HillBoard Member
James B Darcy JrBoard Member
N Lynne Hughes EsqBoard Secretary
Joseph Dougherty EsqPres and Exec Director Ope
Brian P CurranVP and Exec Director Finan
Revenue and Support

Revenue Composition

Contributions and Grants
$21,093,262
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$21,091,972

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$21,093,262Readily avail mrkt price
Total Noncash Contributions1$21,093,262-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$1,290--$1,290
Total Functional Expenses$1,290$0$0$1,290
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
VariousBoard MembersSome Board members of Caring Foundation, Inc. also serve on the Board of Caring, Inc. which provides administrative services as noted in Schedule R.No-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Certain operation management for the Organization is performed by Caring, Inc.

Form 990, Part VI, Section B, line 11B

After management has reviewed Form 990, it is distributed to the Board of Directors, and then filed.

Form 990, Part VI, Section B, line 12C

Management compiles data regarding any conflicts of interest reflected on the disclosures and informs the Board of Directors of the conflict. Business practice is to avoid purchases from individuals or businesses with conflicts.

Form 990, Part VI, Section B, line 15

The compensation committee of Caring, Inc., a controlling tax-exempt entity, performs a review of the Director's compensation and of the compensation of any other employee making in excess of $150,000 per year prior to any change for these individuals, taking into consideration the duties of the individual, his or her performance and comparable compensation of executives in the same or similar industry in the general region. In 2016, the Compensation Committee retained an independent compensation consultant to evaluate the current compensation of executives and assist with the planning of ongoing compensation. In 2019 & 2022, the independent compensation consultant updated that evaluation and the current executive compensation is based on that analysis.

Form 990, Part VI, Section C, line 19

Caring Foundation, Inc. generally does not make its governing documents, conflict of interest policy, and financial statements available to the public. If a request were to be made, it would be considered based upon the nature of the request and a decision would be made on a case-by-case basis. Forms 990 is available upon request and can be obtained via website at www.guidestar.org.

Form 990, Part VII, Section A, Column B:

Hours shown by officers with reportable compensation from related organizations have been estimated by the officers based on an estimate of the efforts expended on each entity.

Filing and Contact Details

Filer

Filer Name
Caring Foundation Inc
EIN
33-4267369
Phone
6094847050
Address
14 South California Ave, Atlantic City, NJ 08401

Signing Officer

Name
Brian P Curran
Title
VP & Exec Director Finance
Phone
6094847050
Signed
2026-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian P Curran
Formed
2025
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Capaldi Reynolds & Pelosi PA
Address
332 Tilton Road, Northfield, NJ 08225
Preparer
Jeffrey A Wilson
Phone
6096414000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

The Organization follows the Financial Accounting Standards Board (FASB) guidance that requires a tax position to be recognized based on a "more likely than not" threshold. The Organization does not believe its financial statements include any uncertain tax positions. No interest or penalties pertaining to uncertain tax positions were required to be recognized in the year ended March 31, 2025.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1After management has reviewed Form 990, it is distributed to the Board of Directors, and then filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Management compiles data regarding any conflicts of interest reflected on the disclosures and informs the Board of Directors of the conflict. Business practice is to avoid purchases from individuals or businesses with conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The compensation committee of Caring, Inc., a controlling tax-exempt entity, performs a review of the Director's compensation and of the compensation of any other employee making in excess of $150,000 per year prior to any change for these individuals, taking into consideration the duties of the individual, his or her performance and comparable compensation of executives in the same or similar industry in the general region. In 2016, the Compensation Committee retained an independent compensation consultant to evaluate the current compensation of executives and assist with the planning of ongoing compensation. In 2019 & 2022, the independent compensation consultant updated that evaluation and the current executive compensation is based on that analysis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Caring Foundation, Inc. generally does not make its governing documents, conflict of interest policy, and financial statements available to the public. If a request were to be made, it would be considered based upon the nature of the request and a decision would be made on a case-by-case basis. Forms 990 is available upon request and can be obtained via website at www.guidestar.org.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Hours shown by officers with reportable compensation from related organizations have been estimated by the officers based on an estimate of the efforts expended on each entity.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The process has not changed from the prior year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII, Section A, Column B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Assisted living services
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Caring Senior Living Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt014 South California Ave
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Atlantic City
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd008401
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt8Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt9Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt10Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Caring Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Caring Residential Services Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Caring Residential Services II Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3Caring Residential Services III Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4Caring Residential Services IV Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5Caring Residential Services V Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6Caring Residential Services VI Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7Caring Residential Services VII Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8Caring Residential Services VIII Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9CaringHouse Projects Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10Caring Residential Services 9 Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222178791
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1651169183
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2141911330
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3202742194
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4261698575
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5261698675
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6270183023
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN7454056126
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN8223707174
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN9222464198
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN10863237623
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt7501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt8501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt9501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt10501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd6NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd7NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd8NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd9NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd10NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Care and fellowship for seniors and individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Housing for seniors and individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2Housing for seniors
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt6Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt7Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt8Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt9Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt10Housing for individuals with disabilities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt4Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt5Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt6Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt7Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt8Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt9Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt10Line 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt014 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt114 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt214 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt314 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt414 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt514 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt614 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt714 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt814 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt914 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1014 South California Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Atlantic City

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