Civic Intelligence

The Caresource Foundation

990 • Fiscal year 2012 • EIN 56-2582561

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 12, 2013

PO Box 8738Suite45401-8738
Siviq Scores

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

Liabilities / Assets

34th percentile

0.04x

Higher debt load relative to assets than 34% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

88th percentile

31%

Faster asset growth than 88% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,618,806

Up $380,266 (+31%) from 2011

Net Assets

Up

$1,554,881

Up $876,374 (+129%) from 2011

Liabilities

Down

$63,925

Down $496,108 (-89%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,310,580

Down $290,587 (-18%) from 2011

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.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $424,242Liabilities 2010: $358,970Net Assets 2010: $65,2722010Assets 2011: $1,238,540Liabilities 2011: $560,033Net Assets 2011: $678,5072011Assets 2012: $1,618,806Liabilities 2012: $63,925Net Assets 2012: $1,554,8812012Assets 2013: $1,189,341Liabilities 2013: $59,999Net Assets 2013: $1,129,3422013Assets 2014: $1,436,240Liabilities 2014: $757,572Net Assets 2014: $678,6682014Assets 2015: $469,064Liabilities 2015: $222,277Net Assets 2015: $246,7872015Assets 2016: $266,547Liabilities 2016: $1,037,410Net Assets 2016: -$770,8632016Assets 2017: $27,826Liabilities 2017: $745,500Net Assets 2017: -$717,6742017Assets 2018: $280,378Liabilities 2018: $106,500Net Assets 2018: $173,8782018Assets 2019: $900,380Liabilities 2019: $507,439Net Assets 2019: $392,9412019Assets 2020: $2,363,550Liabilities 2020: $105,327Net Assets 2020: $2,258,2232020Assets 2021: $2,454,689Liabilities 2021: $736,110Net Assets 2021: $1,718,5792021Assets 2022: $1,633,400Liabilities 2022: $1,031,136Net Assets 2022: $602,2642022Assets 2023: $1,136,861Liabilities 2023: $399,484Net Assets 2023: $737,3772023Assets 2024: $1,053,870Liabilities 2024: $58,000Net Assets 2024: $995,8702024

Highlighted filing

2012

Assets$1,618,806
Liabilities$63,925
Net Assets$1,554,881

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,103,2262010Revenue 2011: $2,214,402Expenses 2011: $1,601,167Net Income 2011: $613,2352011Expenses 2012: $1,310,5802012Revenue 2013: $1,979,367Expenses 2013: $2,404,906Net Income 2013: -$425,5392013Revenue 2014: $2,007,504Expenses 2014: $2,458,178Net Income 2014: -$450,6742014Revenue 2015: $2,006,000Expenses 2015: $2,437,881Net Income 2015: -$431,8812015Revenue 2016: $2,000,169Expenses 2016: $3,017,819Net Income 2016: -$1,017,6502016Revenue 2017: $2,005,968Expenses 2017: $1,952,779Net Income 2017: $53,1892017Revenue 2018: $2,012,157Expenses 2018: $1,120,605Net Income 2018: $891,5522018Revenue 2019: $2,020,825Expenses 2019: $1,801,762Net Income 2019: $219,0632019Revenue 2020: $2,559,149Expenses 2020: $1,312,017Net Income 2020: $1,247,1322020Revenue 2021: $3,503,916Expenses 2021: $4,043,560Net Income 2021: -$539,6442021Revenue 2022: $3,532,442Expenses 2022: $4,648,757Net Income 2022: -$1,116,3152022Revenue 2023: $3,668,665Expenses 2023: $3,687,168Net Income 2023: -$18,5032023Revenue 2024: $3,680,093Expenses 2024: $3,421,600Net Income 2024: $258,4932024

Highlighted filing

2012

Revenue-
Expenses$1,310,580
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 12, 2013
Return Version
2012v2.1
Gross Receipts
$2,186,954
Mission and Program Overview

Mission

The CareSource Foundation is organized and operated exclusively to further the charitable purposes of its supported organization, CareSource, by improving overall community health and addressing health-related issues in the counties in which CareSource operates. The CareSource Foundation improves the lives of the underserved by providing grants to non-profit organizations that can significantly impact individuals and families through a broad array of health and human services and programs. This charitable assistance targets the neediest populations in Ohio, and provides innovative solutions to critical health care needs and creates meaningful collaboration. The CareSource Foundation's mission is to advance the health and well-being of underserved people in the communities CareSource serves by providing innovative solutions and funding to address health care needs.

Filing and Contact Details

Filer

EIN
56-2582561
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IRS990/Description0The CareSource Foundation provides opportunities to advance innovative solutions and address health care needs of the underserved through grants, outreach, medical expertise, strategic community partnerships and volunteerism. The Foundation funds responsive grants for targeted areas of need, which are given to individual non-profit organizations or a collaboration of non-profits through a single year grant. Funding is in the following priority areas: (1) Children's health, including critical health trends, children in poverty, and access to care, (2) crisis support for women and children, including domestic violence, child abuse, and homelessness, and (3) special needs populations, including the elderly, and those with disabilities. The CareSource Foundation also funds signature grants with numerous regional, state and/or national partners all focused on creating sustainable, high-impact change in one of two key areas: childhood obesity and programs to support basic health needs for the uninsured. The CareSource Foundation funded the following signature grants in 2012: (1) A $50,000 grant was awarded to Public Health Dayton & Montgomery County, an organization that serves Dayton and Montgomery County residents and visitors. The $50,000 grant will fund the expansion of the Miami Valley Dental Sealant Program for lower-income school districts in Montgomery County, with a goal of preventing significant health issues related to untreated dental issues in children. Funding for this signature grant occurred in 2012. (2) A $75,000 grant was awarded to The Ohio Chapter of the American Academy of Pediatrics (Ohio AAP), an organization which promotes the health, safety and well-being of children and adolescents so they may reach their full potential. The CareSource Foundation grant will support a network of thirteen medical practices throughout Ohio focused on education, prevention and increased outcomes for low-income children diagnosed with asthma. Funding for this grant occurred in 2012. (3) The CareSource Foundation also awarded a $110,000 signature grant to support Think Tank, a national training center working with communities across North America pertaining to issues of poverty. Funding from The CareSource Foundation will support Think Tank's "Cost of Poverty Experience" poverty simulations throughout Ohio to help connect community, business, legislative, non-profit, education and faith leaders with the issues of low-income individuals, families in crisis, seniors and people with disabilities. Funding for this grant occurred in 2012. (4) The CareSource Foundation awarded a signature grant to the Montgomery County Ohio College Promise Program in 2011. Now in year two, the Montgomery County Ohio College Promise provides life-changing, educational opportunities for Montgomery County students. College Promise's goal is to provide children in poverty with the best opportunity for both high school and college graduation while also having an impact on their quality of life and their community. The grant will enable 10 College Promise Scholars to attend college at little or no cost to them or their families. The program provides each College Promise student with a supportive mentor to improve or uphold school attendance, grades and behavior. Students who fulfill their pledge will earn a full scholarship opportunity to attend Sinclair Community College or Wright State University. The second year funding occurred in 2012 in the amount of $75,000. (5) Also in year two of funding is Enroll America, a newly formed non-partisan, 501(c)(3) organization dedicated to securing health coverage enrollment for tens of millions of uninsured people. The organization was launched by a collaboration of key, diverse national groups representing stakeholders in America's health care system. Groups participating in the new collaboration range from companies and associations representing the hospital, insurance and pharmaceutical industries to organizations
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IRS990/MissionDescription0THE CARESOURCE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED SOLELY TO IMPROVE OVERALL COMMUNITY HEALTH, ADDRESS HEALTH-RELATED ISSUES AND FOSTER A POSITIVE IMAGE FOR THE CARESOURCE FAMILY OF COMPANIES IN THE COUNTIES IT SERVES. THE CARESOURCE FOUNDATION IMPROVES THE LIVES OF THE UNDERSERVED BY PROVIDING GRANTS TO NON-PROFIT ORGANIZATIONS WHO CAN SIGNIFICANTLY IMPACT INDIVIDUALS AND FAMILIES THROUGH A BROAD ARRAY OF HEALTH AND HUMAN SERVICES AND PROGRAMS. THESE INVESTMENTS TARGET THE NEEDIEST POPULATIONS IN OHIO AND MICHIGAN (through Q2 2012), PROVIDE INNOVATIVE SOLUTIONS TO CRITICAL HEALTH CARE NEEDS AND CREATE MEANINGFUL COLLABORATION. The CareSource Foundation's Mission is to advance the health and well-being of underserved people in the communities we serve by providing innovative solutions and funding to address health care needs.
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IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired0true
IRS990ScheduleD/FederalIncomeTaxLiability00
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0The Organization annually reviews its tax positions and has determined that there are no material uncertain tax positions that require recognition in the consolidated financial statements. As of this filing, tax years 2010-2012 are open for audit by the Internal Revenue Service.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0FIN 48 (ASC 740) Footnote
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0Schedule D, Part X, Line 2
IRS990ScheduleD/OtherLiabilities/Amount050
IRS990ScheduleD/OtherLiabilities/Description0RELATED PARTY PAYABLE
IRS990ScheduleD/TotalOfAmounts050
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0The CareSource Foundation funds responsive grants in the following prioriYy areas: (1) Childrens Health, (2) Crisis Support for Women & Children, and (3) Special Needs Populations. The CareSource Foundation also funds signature grants in the following priority areas: (1) Childhood obesity and (2) The Uninsured for medical care and treatment. Proposing organizations must be IRS qualified non profit organizations. All successful grantees complete a formal year-end evaluation process. A follow-up assessment survey is completed by each grantee within three months of the end of the program for which the grant was approved. The CareSource Foundation funded grants to both CareSource and CareSource Michigan grantees. CareSource Management Group Co., a related entity to The CareSource Foundation, sold its membership interest in CareSource Michigan on August 1, 2012. As a result of the sale, The CareSource Foundation no longer funded grants to CareSource Michigan after the second quarter of 2012.
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation1In support of The CareSource Foundation's commitment to its charitable purposes, its appointed trustees and committee members earn charitable credits for each meeting attended. At year-end, the trustees and committee members designate their credits to their Internal Revenue Code Section 501(c)(3) tax exempt charity of choice. Charitable donations in the amount of $56,500 were paid or accrued in 2012 under this Policy by the organization and are represented on Schedule I in the form of general support contributions.
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation2To celebrate employees who volunteer within the community and to expand their impact, we have created the "star volunteer" program. For each employee who volunteers 50+ hours for an eligible non profit organization, the Foundation contributes $200 in that person's name to the non profit organization. The Foundation made contributions totalling $800 under this program in 2012.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0Grant Review
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier1Contributions on Behalf of Board Members
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier2Other Contributions
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference0Schedule I, Part I, Question 2
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference1Schedule I, Part II
IRS990ScheduleI/Form990ScheduleIPartIV/ReturnReference2Schedule I, Part II
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine10PO Box 1007
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine11272 Hospital Rd
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine122621 Dryden Rd 202
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine13605 S Patterson Blvd
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine141700 E Sandusky St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine152211 Arbor Blvd
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine16555 Cincinnati-Batavia Pike
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine17137 E High St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1815500 S Waterloo Rd
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine19946 Parsons Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine110200 Medical Center Dr
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine111PO Box 5466
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine112124 Westpark Rd
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1133534 Linden Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine114PO Box 9459
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine11516 E Franklin St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine116380 Bellbrook Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1172222 Phil Dr 2200 Bldg500
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine118324 Wilmington Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine119320 S Washington 2nd FL
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine120375 Dixmyth Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1216430 Inner Mission Way
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1223434 M-119 Ste A
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine123195 N Grant St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine124PO Box 46
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1252031 Auburn Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine126501 W High St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine127740 N 6th St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine12810117 Old 3-C Hwy
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine129PO Box 516
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1301250 W Broad St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine131500 W Wilson Rd 245
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1322323 W 5th Ave 160
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1331059 N Market St
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1343960 Brookham Dr
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine135901 Lakeside Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1367050 Engle Rd 106
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine137565 W Western Ave
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine1382800 Corporate Exchange Dr 260
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine139457 Griswold Rd
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine14016110 Detroit Ave

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.06$1.00$3.68$3.42$0.26
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.40$0.74$3.67$3.69$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.63$1.03$0.60$3.53$4.65$1.12
2021Detailed filing. Detailed filing data is available for this year.$2.45$0.74$1.72$3.50$4.04$0.54
2020Detailed filing. Detailed filing data is available for this year.$2.36$0.11$2.26$2.56$1.31$1.25
2019Detailed filing. Detailed filing data is available for this year.$0.90$0.51$0.39$2.02$1.80$0.22
2018Detailed filing. Detailed filing data is available for this year.$0.28$0.11$0.17$2.01$1.12$0.89
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.75$0.72$2.01$1.95$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.27$1.04$0.77$2.00$3.02$1.02
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.22$0.25$2.01$2.44$0.43
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.76$0.68$2.01$2.46$0.45
2013Detailed filing. Detailed filing data is available for this year.$1.19$0.06$1.13$1.98$2.40$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.06$1.55$1.31
2011Summary only. Only limited summary data is available for this year.$1.24$0.56$0.68$2.21$1.60$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.36$0.07$1.10