Civic Intelligence

Care Ring Inc.

990 • Fiscal year 2013 • EIN 56-0621073

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 31, 2013

601 East 5th Street No 14028202
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

26th percentile

0.02x

Higher debt load relative to assets than 26% of similar nonprofits.

2013 filings • NTEE E • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

24th percentile

-5.5%

Faster asset growth than 24% of similar nonprofits.

2013 filings • NTEE E • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$2,004,329

Down $117,345 (-5.5%) from 2012

Net Assets

Down

$1,962,169

Down $128,278 (-6.1%) from 2012

Liabilities

Up

$42,160

Up $10,933 (+35%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,874,433

Down $47,261 (-2.5%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $1,857,851Liabilities 2011: $26,084Net Assets 2011: $1,831,7672011Assets 2012: $2,121,674Liabilities 2012: $31,227Net Assets 2012: $2,090,4472012Assets 2013: $2,004,329Liabilities 2013: $42,160Net Assets 2013: $1,962,1692013Assets 2014: $1,951,734Liabilities 2014: $23,468Net Assets 2014: $1,928,2662014Assets 2015: $2,010,385Liabilities 2015: $48,774Net Assets 2015: $1,961,6112015Assets 2016: $2,461,869Liabilities 2016: $95,610Net Assets 2016: $2,366,2592016Assets 2017: $2,211,104Liabilities 2017: $76,037Net Assets 2017: $2,135,0672017Assets 2018: $2,537,188Liabilities 2018: $109,600Net Assets 2018: $2,427,5882018Assets 2019: $2,104,291Liabilities 2019: $150,746Net Assets 2019: $1,953,5452019Assets 2020: $3,474,606Liabilities 2020: $1,077,472Net Assets 2020: $2,397,1342020Assets 2021: $3,186,503Liabilities 2021: $730,227Net Assets 2021: $2,456,2762021Assets 2022: $3,510,598Liabilities 2022: $986,793Net Assets 2022: $2,523,8052022Assets 2023: $2,625,929Liabilities 2023: $582,922Net Assets 2023: $2,043,0072023Assets 2024: $8,136,493Liabilities 2024: $3,684,464Net Assets 2024: $4,452,0292024Assets 2025: $8,026,383Liabilities 2025: $2,831,375Net Assets 2025: $5,195,0082025

Highlighted filing

2013

Assets$2,004,329
Liabilities$42,160
Net Assets$1,962,169

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $1,863,1222011Expenses 2012: $1,921,6942012Expenses 2013: $1,874,4332013Revenue 2014: $2,054,449Expenses 2014: $2,130,412Net Income 2014: -$75,9632014Revenue 2015: $2,578,382Expenses 2015: $2,539,156Net Income 2015: $39,2262015Revenue 2016: $3,216,977Expenses 2016: $2,796,852Net Income 2016: $420,1252016Revenue 2017: $2,928,177Expenses 2017: $3,191,733Net Income 2017: -$263,5562017Revenue 2018: $3,580,579Expenses 2018: $3,309,848Net Income 2018: $270,7312018Revenue 2019: $3,326,138Expenses 2019: $3,809,767Net Income 2019: -$483,6292019Revenue 2020: $4,412,596Expenses 2020: $3,965,890Net Income 2020: $446,7062020Revenue 2021: $4,466,196Expenses 2021: $4,491,677Net Income 2021: -$25,4812021Revenue 2022: $5,419,756Expenses 2022: $5,313,183Net Income 2022: $106,5732022Revenue 2023: $5,427,895Expenses 2023: $5,926,402Net Income 2023: -$498,5072023Revenue 2024: $9,088,748Expenses 2024: $6,707,643Net Income 2024: $2,381,1052024Revenue 2025: $7,750,894Expenses 2025: $7,042,129Net Income 2025: $708,7652025

Highlighted filing

2013

Revenue-
Expenses$1,874,433
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 31, 2013
Return Version
2012v2.1
Gross Receipts
$1,789,414
Mission and Program Overview

Mission

To empower individuals with limited resources to establish and maintain good health.

Major Activities

Activity 2
Care ring's physicians reach out (pro) provides access to comprehensive health care, including primary care, specialty care, labs, diagnostic tests and hospitalization. For every dollar invested in pro, the organization leverages $25 in donated care provided by approximately 1,600 volunteer physicians, dentists, nurses, and allied health professionals. For the year ended june 30, 2013, pro provided approximately $14.7 million in donated medical and dental services to 4,003 patients enrolled in the program. For the year ended june 30, 2012, pro provided approximately $11.5 million in donated medical and dental services to 3,555 patients enrolled in the program.
Activity 3
Care ring's nurse-family partnership (nfp) program is an evidence-based, intensive nurse home-visitation program for first-time, low-income mothers in mecklenburg county. Validated by over thirty years of research, including multiple randomized-controlled trials, nfp is a proven model that breaks the cycle of poverty by improving pregnancy outcomes for mother and child, improving child health and development, and improving the economic self-sufficiency of the family. From the program's inception in december 2008 through the end of fiscal year 2013, nfp has served 338 first-time moms and 226 infants with intensive home visitation services.
Filing and Contact Details

Filer

EIN
56-0621073
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IRS990/Activity2/Description0CARE RING'S PHYSICIANS REACH OUT (PRO) PROVIDES ACCESS TO COMPREHENSIVE HEALTH CARE, INCLUDING PRIMARY CARE, SPECIALTY CARE, LABS, DIAGNOSTIC TESTS AND HOSPITALIZATION. FOR EVERY DOLLAR INVESTED IN PRO, THE ORGANIZATION LEVERAGES $25 IN DONATED CARE PROVIDED BY APPROXIMATELY 1,600 VOLUNTEER PHYSICIANS, DENTISTS, NURSES, AND ALLIED HEALTH PROFESSIONALS. FOR THE YEAR ENDED JUNE 30, 2013, PRO PROVIDED APPROXIMATELY $14.7 MILLION IN DONATED MEDICAL AND DENTAL SERVICES TO 4,003 PATIENTS ENROLLED IN THE PROGRAM. FOR THE YEAR ENDED JUNE 30, 2012, PRO PROVIDED APPROXIMATELY $11.5 MILLION IN DONATED MEDICAL AND DENTAL SERVICES TO 3,555 PATIENTS ENROLLED IN THE PROGRAM.
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IRS990/Activity3/Description0CARE RING'S NURSE-FAMILY PARTNERSHIP (NFP) PROGRAM IS AN EVIDENCE-BASED, INTENSIVE NURSE HOME-VISITATION PROGRAM FOR FIRST-TIME, LOW-INCOME MOTHERS IN MECKLENBURG COUNTY. VALIDATED BY OVER THIRTY YEARS OF RESEARCH, INCLUDING MULTIPLE RANDOMIZED-CONTROLLED TRIALS, NFP IS A PROVEN MODEL THAT BREAKS THE CYCLE OF POVERTY BY IMPROVING PREGNANCY OUTCOMES FOR MOTHER AND CHILD, IMPROVING CHILD HEALTH AND DEVELOPMENT, AND IMPROVING THE ECONOMIC SELF-SUFFICIENCY OF THE FAMILY. FROM THE PROGRAM'S INCEPTION IN DECEMBER 2008 THROUGH THE END OF FISCAL YEAR 2013, NFP HAS SERVED 338 FIRST-TIME MOMS AND 226 INFANTS WITH INTENSIVE HOME VISITATION SERVICES.
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IRS990/Description0CARE RING'S CLINIC OFFERS PRIMARY CARE AND REDUCED-COST LABORATORY SERVICES TO THE UNINSURED AND UNDERINSURED IN THE COMMUNITY. THE CLINIC PROVIDES HIGH-QUALITY PREVENTATIVE CARE AND HAS A SPECIAL FOCUS ON PROVIDING CHRONIC DISEASE MANAGEMENT THAT IMPROVES PATIENT MEDICATION COMPLIANCE AND ELIMINATES UNNECESSARY UTILIZATION OF THE EMERGENCY ROOM. TRACKING OF CLINICAL INDICATORS FOR DIABETES, HYPERTENSION AND HYPERLIPIDEMIA PATIENTS SHOWS THAT BETWEEN THEIR FIRST AND LAST VISIT TO THE CLINIC, APPROXIMATELY 70% OF CHRONIC DISEASE PATIENTS DEMONSTRATE AT LEAST A 10% IMPROVEMENT IN ONE OR MORE CLINICAL INDICATORS (E.G. DIASTOLIC BLOOD PRESSURE, HEMOGLOBIN A1C AND/OR TOTAL CHOLESTEROL). THE ORGANIZATION'S LOW-COST CLINIC PROVIDED CARE TO 2,225 AND 2,335 PATIENTS FOR THE YEARS ENDED JUNE 30, 2013 AND 2012, RESPECTIVELY.
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IRS990/OtherSalariesAndWages/ProgramServices0691839
IRS990/OtherSalariesAndWages/Total0855756
IRS990/OwnWebsite0X
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/Fundraising017324
IRS990/PayrollTaxes/ManagementAndGeneral05145
IRS990/PayrollTaxes/ProgramServices070606
IRS990/PayrollTaxes/Total093075
IRS990/PensionPlanContributions/Fundraising03981
IRS990/PensionPlanContributions/ManagementAndGeneral01241
IRS990/PensionPlanContributions/ProgramServices016074
IRS990/PensionPlanContributions/Total021296
IRS990/PermanentlyRestrictedNetAssets/BOY0163141
IRS990/PermanentlyRestrictedNetAssets/EOY0163141
IRS990/PledgesAndGrantsReceivable/BOY0442117
IRS990/PledgesAndGrantsReceivable/EOY0585459
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY030320
IRS990/PrepaidExpensesDeferredCharges/EOY031059
IRS990/PriorExcessBenefitTransaction00
IRS990/ProfessionalFundraising00
IRS990/ProgramServiceRevenue/BusinessCode0900099
IRS990/ProgramServiceRevenueCY0243675
IRS990/ProgramServiceRevenue/Description0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenuePriorYear0270549
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome0243675
IRS990/ProgramServiceRevenue/TotalRevenueColumn0243675
IRS990/ProhibitedTaxShelterTrans00
IRS990/QuidProQuoContributions01
IRS990/QuidProQuoDisclosure01
IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0-155490
IRS990/ReconciliationUnrealizedInvest027212
IRS990/RegularMonitoringEnforcement01
IRS990/RelatedEntity00
IRS990/RelatedOrgControlledEntity00
IRS990/ReportFin48Footnote01
IRS990/ReportInvestOthSecurities01
IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets01
IRS990/ReportOtherLiabilities00
IRS990/ReportProgRelInvest00
IRS990/Revenue0141609
IRS990/RevenuesLessExpensesCY0-155490
IRS990/RevenuesLessExpensesPriorYear0265604
IRS990/Royalties/Fundraising03603
IRS990/Royalties/Total03603
IRS990/SalariesEtcCurrentYear01248517
IRS990/SalariesEtcPriorYear01294689
IRS990/SavingsAndTempCashInvestments/EOY0539784
IRS990ScheduleA/AmountsSubstContributorsTotal0670240
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear01464080
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year01878897
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years01462291
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years01892325
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years01979796
IRS990ScheduleA/GiftsGrantsContribReceived170/Total08677389
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear08377
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year01859
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years051452
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years07171
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years04377
IRS990ScheduleA/GrossInvestmentIncome170/Total073236
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc01206908
IRS990ScheduleA/OtherIncome170/CurrentTaxYear029160

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.03$2.83$5.20$7.75$7.04$0.71
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.14$3.68$4.45$9.09$6.71$2.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.58$2.04$5.43$5.93$0.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.99$2.52$5.42$5.31$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.73$2.46$4.47$4.49$0.03
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.47$1.08$2.40$4.41$3.97$0.45
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.15$1.95$3.33$3.81$0.48
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.11$2.43$3.58$3.31$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.08$2.14$2.93$3.19$0.26
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$0.10$2.37$3.22$2.80$0.42
2015Detailed filing. Detailed filing data is available for this year.$2.01$0.05$1.96$2.58$2.54$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.95$0.02$1.93$2.05$2.13$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.04$1.96$1.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.03$2.09$1.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.03$1.83$1.86