Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
990EZ • Fiscal year 2018 • EIN 81-2944362
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Liabilities / Revenue
68th percentile
Higher debt load relative to revenue than 68% of similar nonprofits.
Net Margin
90th percentile
Higher net margin than 90% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 19.8% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Assets
Up$125,693
Up $86,291 (+219%) from 2017
Net Assets
$120,980
No earlier filing loaded for comparison.
Liabilities
Up$4,713
Up $4,713 from 2017
Revenue
Up$164,719
Up $120,319 (+271%) from 2017
Expenses
Up$83,141
Up $73,793 (+789%) from 2017
Net Income
Up$81,578
Up $46,526 (+133%) from 2017
The cares project, inc. Is a non-profit emerging community development financial institution serving people with incomes at or below eighty percent of the area median family income who live in forsyth, davie, and davidson counties. The organization's mission is to help low income individuals and families to become financially secure through car ownership, by making community-funded vehicle loans and by building skills through financial and credit coaching.
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION MADE COMMUNITY FUNDED VEHICLE LOANS TO FOUR LOW INCOME, CREDIT-CHALLENGED, WORKING ADULTS WHICH ASSISTED THEM AND THEIR FAMILIES IN BECOMING FINANCIALLY SECURE THROUGH CAR OWNERSHIP. | - | $52,102 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SCOTT MCLAUGHLIN | CEO | FT | $32,692 | - | $32,692 |
| MELINDA BEAUCHAMP | Director | - | $0 | - | - |
| NEAL CHEEK | Treasurer | - | $0 | - | - |
| KRYSTAL DUMAS | Secretary | - | $0 | - | - |
| LARRY HUNGERFORD | Director | - | $0 | - | - |
| ANDREW LAROWE | Director | - | $0 | - | - |
| TRACIE MURPHY | Director | - | $0 | - | - |
| ANN ROBERTS | Director | - | $0 | - | - |
| MICHELLE YOUNTS | President | - | $0 | - | - |
“Expenses advertising 242 travel 1,765 insurance 12,306 supplies 6,497 equip rental & repair 5,267 telephone 853 misc expense 124 dues & memberships 115 total 27,169”
“Auto loans - current portion 0 7,264 auto loans - long term 0 14,794 sales tax receivable 0 418 receivables due from officers 0 5,625 total 0 28,101”
“Accounts payable and accrued expenses 0 4,713”
“The cares project, inc. Is a non-profit emerging community development financial institution serving people with incomes at or below eighty percent of the area median family income who live in forsyth, davie, and davidson counties. The organization's mission is to help low income individuals and families to become financially secure through car ownership, by making community-funded vehicle loans and by building skills through financial and credit coaching.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | NEAL CHEEK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3367510313 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 231 BEECHWOOD DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MOCKSVILLE |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27028 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 39402 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 97592 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 163343 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 81578 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6639 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 39402 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 125693 |
| IRS990EZ/GrossReceiptsAmt | 0 | 164719 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 476 |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 5625 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 39402 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 120980 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 39402 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 120980 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 32692 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MELINDA BEAUCHAMP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NEAL CHEEK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | KRYSTAL DUMAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | LARRY HUNGERFORD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | ANDREW LAROWE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | TRACIE MURPHY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ANN ROBERTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | MICHELLE YOUNTS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | SCOTT MCLAUGHLIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | CEO |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 28101 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27169 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE CARES PROJECT, INC. IS A NON-PROFIT EMERGING COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SERVING PEOPLE WITH INCOMES AT OR BELOW EIGHTY PERCENT OF THE AREA MEDIAN FAMILY INCOME WHO LIVE IN FORSYTH, DAVIE, AND DAVIDSON COUNTIES. THE ORGANIZATION'S MISSION IS TO HELP LOW INCOME INDIVIDUALS AND FAMILIES TO BECOME FINANCIALLY SECURE THROUGH CAR OWNERSHIP, BY MAKING COMMUNITY-FUNDED VEHICLE LOANS AND BY BUILDING SKILLS THROUGH FINANCIAL AND CREDIT COACHING. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1272 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 900 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION MADE COMMUNITY FUNDED VEHICLE LOANS TO FOUR LOW INCOME, CREDIT-CHALLENGED, WORKING ADULTS WHICH ASSISTED THEM AND THEIR FAMILIES IN BECOMING FINANCIALLY SECURE THROUGH CAR OWNERSHIP. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 52102 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 48061 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NC |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4713 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 83141 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 52102 |
| IRS990EZ/TotalRevenueAmt | 0 | 164719 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.THECARESPROJECT.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 163343 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 44400 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4350 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 212093 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 476 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 476 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 900 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 212093 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 163343 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 44400 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4350 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 212093 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 212569 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 5625 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | AUTO LOAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 7617 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | KRYSTAL DUMAS |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DIRECTOR/OFFICER |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 5625 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 242 TRAVEL 1,765 INSURANCE 12,306 SUPPLIES 6,497 EQUIP RENTAL & REPAIR 5,267 TELEPHONE 853 MISC EXPENSE 124 DUES & MEMBERSHIPS 115 TOTAL 27,169 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AUTO LOANS - CURRENT PORTION 0 7,264 AUTO LOANS - LONG TERM 0 14,794 SALES TAX RECEIVABLE 0 418 RECEIVABLES DUE FROM OFFICERS 0 5,625 TOTAL 0 28,101 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 4,713 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE CARES PROJECT, INC. IS A NON-PROFIT EMERGING COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SERVING PEOPLE WITH INCOMES AT OR BELOW EIGHTY PERCENT OF THE AREA MEDIAN FAMILY INCOME WHO LIVE IN FORSYTH, DAVIE, AND DAVIDSON COUNTIES. THE ORGANIZATION'S MISSION IS TO HELP LOW INCOME INDIVIDUALS AND FAMILIES TO BECOME FINANCIALLY SECURE THROUGH CAR OWNERSHIP, BY MAKING COMMUNITY-FUNDED VEHICLE LOANS AND BY BUILDING SKILLS THROUGH FINANCIAL AND CREDIT COACHING. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | SCOTT MCLAUGHLIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3368401555 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | THE CARES PROJECT INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CARE |
| ReturnHeader/Filer/EIN | 0 | 812944362 |
| ReturnHeader/Filer/PhoneNum | 0 | 3367510313 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3410 HEALY DRIVE SUITE 209 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WINSTONSALEM |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27103 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | CAC86B4239F5304BCB14C917C0DEF65AAC782849 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | DBEADA8E4E9D2995A816ADE270059363E00FB124 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-06-25 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 12:46:51 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560727655 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CANNON & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2160 COUNTRY CLUB RD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WINSTONSALEM |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 271044208 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3367250635 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | VALERIE D KIGER |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-06-25T12:46:51-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.