Civic Intelligence

The Cares Project Inc

990 • Fiscal year 2021 • EIN 81-2944362

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 14, 2022

Organization ProfileWWW.THECARESPROJECT.ORG
3410 Healy DriveWinstonsalem, NC 27103

(336) 840-1555

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Net Margin

76th percentile

35%

Higher net margin than 76% of similar nonprofits.

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$75,582

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2021 filings • NTEE P • <$500k nonprofits • Source year 2021

Asset Growth

79th percentile

56%

Faster asset growth than 79% of similar nonprofits.

2021 filings • NTEE P • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

36%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • NTEE P • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$342,424

Up $123,546 (+56%) from 2020

Net Assets

Up

$338,661

Up $122,165 (+56%) from 2020

Liabilities

Up

$3,763

Up $1,381 (+58%) from 2020

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin76th percentile

Revenue

Up

$352,040

Up $93,136 (+36%) from 2020

Expenses

Up

$229,875

Up $26,019 (+13%) from 2020

Net Income

Up

$122,165

Up $67,117 (+122%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$800K$600K$400K$200K$0Assets 2016: $4,350Liabilities 2016: $02016Assets 2017: $39,402Liabilities 2017: $02017Assets 2018: $125,693Liabilities 2018: $4,713Net Assets 2018: $120,9802018Assets 2019: $165,320Liabilities 2019: $3,872Net Assets 2019: $161,4482019Assets 2020: $218,878Liabilities 2020: $2,382Net Assets 2020: $216,4962020Assets 2021: $342,424Liabilities 2021: $3,763Net Assets 2021: $338,6612021Assets 2022: $267,914Liabilities 2022: $8,605Net Assets 2022: $259,3092022Assets 2023: $504,552Liabilities 2023: $62,626Net Assets 2023: $441,9262023Assets 2024: $701,830Liabilities 2024: $215,941Net Assets 2024: $485,8892024Assets 2025: $678,502Liabilities 2025: $165,233Net Assets 2025: $513,2692025

Highlighted filing

2021

Assets$342,424
Liabilities$3,763
Net Assets$338,661
Open 2021 Filing

Operations Trend

Revenue Growth69th percentile

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

$600K$400K$200K$0-$200KRevenue 2016: $4,350Expenses 2016: $0Net Income 2016: $4,3502016Revenue 2017: $44,400Expenses 2017: $9,348Net Income 2017: $35,0522017Revenue 2018: $164,719Expenses 2018: $83,141Net Income 2018: $81,5782018Revenue 2019: $213,683Expenses 2019: $173,215Net Income 2019: $40,4682019Revenue 2020: $258,904Expenses 2020: $203,856Net Income 2020: $55,0482020Revenue 2021: $352,040Expenses 2021: $229,875Net Income 2021: $122,1652021Revenue 2022: $120,589Expenses 2022: $199,941Net Income 2022: -$79,3522022Revenue 2023: $424,564Expenses 2023: $241,947Net Income 2023: $182,6172023Revenue 2024: $296,908Expenses 2024: $252,945Net Income 2024: $43,9632024Revenue 2025: $363,037Expenses 2025: $335,657Net Income 2025: $27,3802025

Highlighted filing

2021

Revenue$352,040
Expenses$229,875
Net Income$122,165
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 14, 2022
Return Version
2021v4.2
Gross Receipts
$352,040
Mission and Program Overview

Mission

The cares project, inc. Is a non-profit emerging community development financial institution serving people with incomes at or below eight 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 become financially secure through car ownership by making community-funded vehicle loans and by building skills through financial and credit coaching.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,836$140,000▲ $138,164
Other Notes and Loans Receivable, Net$88,870$116,069▲ $27,199
Cash and Non-Interest-Bearing Accounts$127,895$86,165▼ $41,730
Accounts Receivable$277$190▼ $87
Total Assets$218,878$342,424▲ $123,546
Liabilities
Accounts Payable and Accrued Expenses$2,382$3,763▲ $1,381
Total Liabilities$2,382$3,763▲ $1,381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$211,496$193,661▼ $17,835
Net Assets With Donor Restrictions$5,000$145,000▲ $140,000
Total Net Assets Fund Balance$216,496$338,661▲ $122,165
Total Liabilities and Net Assets / Fund Balance$218,878$342,424▲ $123,546
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott MclaughlinCEOFT$57,881$17,701$75,582

Board Members and Trustees

NameTitle
Andrew LarowePresident
Tamara TaylorVice President
Fred BazemoreDirector
Marcia PhillipsDirector
Neal CheekDirector
Renee GriffinDirector
Rick HallDirector
Kim McclureSecretary
Michelle YountsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$343,807
Program Service Revenue
$7,188
Investment Income
$0
Other Revenue
$1,045
All Other Contributions
$8,634
Change in Net Assets
$122,165

Audited Revenue Reconciliation

Revenue per Audited Statements
$352,040
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$352,040
Total Revenue per Form 990
$352,040
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$143,442
Other Expenses$86,433
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$57,128$10,081-$67,209
Current Officers, Directors, Trustees, and Key Employees$49,199$8,682-$57,881
Insurance$22,079$7,185-$29,264
Payroll Taxes$8,208$1,448-$9,656
Advertising$9,335--$9,335
Other Employee Benefits$7,392$1,304-$8,696
Fees for Services Accounting$404$5,042-$5,446
Fees for Services Other$5,038$123-$5,161
Other Expenses$2,673$4,249-$2,673
Office Expenses$2,048$139-$2,187
All Other Expenses$671$363-$1,034
Travel$686$83-$769
Total Functional Expenses$191,176$38,699$0$229,875

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$229,875
Total Expenses per Audited Statements$229,875
Total Expenses per Form 990$229,875
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 will be reviewed by the ceo and treasurer (or chairman of the board) prior to being filed.”

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

“Annually, board members are required to approve the conflict of interest policy and complete a disclosure form for any actual or potential conflicts of interest. Any conflicts of interest are discussed by the board and provisions are made for resolving the conflict, either by recusing the member from voting on issues related to the conflict, or by requiring resignation of the board member, if necessary.”

Form 990, Part VI, Section B, Line 15

“Compensation process for top official: comparability data is used to obtain a range of compensation for other local organizations of similar asset size and number of employees. The board uses this range of compensation, together with performance goals and objectives expected of the ceo for the program year, to determine compensation for the next twelve months. Compensation process for officers: the ceo sets all other wage ranges based on comparability data for specific jobs in the local area and performance goals and objectives of the key employee for the program year.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public by request.”

Filing and Contact Details

Filer

Filer Name
The Cares Project Inc
EIN
81-2944362
Phone
3368401555
Address
3410 HEALY DRIVE, WINSTONSALEM, NC 27103

Signing Officer

Name
Scott Mclaughlin
Title
CEO
Phone
3368401555
Signed
2022-06-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Larowe
Formed
2016
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
12

Preparer

Firm
Turlington and Company Llp
Address
1338 WESTGATE CENTER DRIVE, WINSTONSALEM, NC 27103
Preparer
Dexter a Garner
Phone
3367652410
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“No changes to this process during the year ended december 31, 2021.”

Financial Statement Notes

PART X, LINE 2:

“The organization has determined that it has no uncertain income tax positions as of december 31, 2021. Also, the organization does not anticipate any increase or decrease in unrecognized tax benefits during the next twelve months that would result in a material change in its financial position. The organization's income tax returns for the years ended after december 31, 2018 remain open for examination.”

Raw XML AppendixShowing 400 of 414 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02382
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03763
IRS990/AccountsReceivableGrp/BOYAmt0277
IRS990/AccountsReceivableGrp/EOYAmt0190
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE CARES PROJECT, INC. IS A NON-PROFIT EMERGING COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION SERVING PEOPLE WITH INCOMES AT OR BELOW EIGHT 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 BECOME FINANCIALLY SECURE THROUGH CAR OWNERSHIP BY MAKING COMMUNITY-FUNDED VEHICLE LOANS AND BY BUILDING SKILLS THROUGH FINANCIAL AND CREDIT COACHING.
IRS990/AdvertisingGrp/ProgramServicesAmt09335
IRS990/AdvertisingGrp/TotalAmt09335
IRS990/AllOtherContributionsAmt08634
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0363
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0671
IRS990/AllOtherExpensesGrp/TotalAmt01034
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03368401555
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03410 HEALY DR STE 209
IRS990/BooksInCareOfDetail/USAddress/CityNm0WINSTONSALEM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027103
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0127895
IRS990/CashNonInterestBearingGrp/EOYAmt086165
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt08682
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt049199
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt057881
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0343807
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt086433
IRS990/CYOtherRevenueAmt01045
IRS990/CYProgramServiceRevenueAmt07188
IRS990/CYRevenuesLessExpensesAmt0122165
IRS990/CYSalariesCompEmpBnftPaidAmt0143442
IRS990/CYTotalExpensesAmt0229875
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0352040
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION MADE COMMUNITY-FUNDED VEHICLE LOANS TO TEN LOW INCOME, CREDIT-CHALLENGED WORKING ADULTS, WHICH ASSISTED THEM AND THEIR FAMILIES IN BECOMING FINANCIALLY SECURE THROUGH CAR OWNERSHIP.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0145000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0191176
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt0103119
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05042
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0404
IRS990/FeesForServicesAccountingGrp/TotalAmt05446
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0123
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05038
IRS990/FeesForServicesOtherGrp/TotalAmt05161
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt917701
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDREW LAROWE
IRS990/Form990PartVIISectionAGrp/PersonNm1TAMARA TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHELLE YOUNTS
IRS990/Form990PartVIISectionAGrp/PersonNm3KIM MCCLURE
IRS990/Form990PartVIISectionAGrp/PersonNm4FRED BAZEMORE
IRS990/Form990PartVIISectionAGrp/PersonNm5NEAL CHEEK
IRS990/Form990PartVIISectionAGrp/PersonNm6RENEE GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm7MARCIA PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm8RICK HALL
IRS990/Form990PartVIISectionAGrp/PersonNm9SCOTT MCLAUGHLIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt957881
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0232054
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0352040
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07185
IRS990/InsuranceGrp/ProgramServicesAmt022079
IRS990/InsuranceGrp/TotalAmt029264
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt01045
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt01045
IRS990/MissionDesc0SEE SCHEDULE O
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0216496
IRS990/NetAssetsOrFundBalancesEOYAmt0338661
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0211496
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0193661
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0139
IRS990/OfficeExpensesGrp/ProgramServicesAmt02048
IRS990/OfficeExpensesGrp/TotalAmt02187
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01304
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07392
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08696
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1RENTS, REPAIRS AND MAIN
IRS990/OtherExpensesGrp/Desc2DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04249
IRS990/OtherExpensesGrp/ProgramServicesAmt015298
IRS990/OtherExpensesGrp/ProgramServicesAmt18287
IRS990/OtherExpensesGrp/ProgramServicesAmt22730
IRS990/OtherExpensesGrp/ProgramServicesAmt32673
IRS990/OtherExpensesGrp/TotalAmt015298
IRS990/OtherExpensesGrp/TotalAmt112536
IRS990/OtherExpensesGrp/TotalAmt22730
IRS990/OtherExpensesGrp/TotalAmt32673
IRS990/OtherRevenueTotalAmt01045
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010081
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057128
IRS990/OtherSalariesAndWagesGrp/TotalAmt067209
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt088870
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0116069
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01448
IRS990/PayrollTaxesGrp/ProgramServicesAmt08208
IRS990/PayrollTaxesGrp/TotalAmt09656
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01836
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0140000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREW LAROWE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON AUTO LOANS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07188
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07188
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0252979
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt028974
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt05925
IRS990/PYRevenuesLessExpensesAmt055048
IRS990/PYSalariesCompEmpBnftPaidAmt0174882
IRS990/PYTotalExpensesAmt0203856
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0258904
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0122165
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0343806
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0252979
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0209910
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0163343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01014438
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0476
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0476
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportTotal170Amt01014438
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0343806
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0252979
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0209910
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0163343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044400
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01014438
IRS990ScheduleA/TotalSupportAmt01014914
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0229875
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0352040
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DETERMINED THAT IT HAS NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2021. ALSO, THE ORGANIZATION DOES NOT ANTICIPATE ANY INCREASE OR DECREASE IN UNRECOGNIZED TAX BENEFITS DURING THE NEXT TWELVE MONTHS THAT WOULD RESULT IN A MATERIAL CHANGE IN ITS FINANCIAL POSITION. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE YEARS ENDED AFTER DECEMBER 31, 2018 REMAIN OPEN FOR EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0229875
IRS990ScheduleD/TotalRevenuePerForm990Amt0352040
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0352040
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0229875
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE REVIEWED BY THE CEO AND TREASURER (OR CHAIRMAN OF THE BOARD) PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY, BOARD MEMBERS ARE REQUIRED TO APPROVE THE CONFLICT OF INTEREST POLICY AND COMPLETE A DISCLOSURE FORM FOR ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. ANY CONFLICTS OF INTEREST ARE DISCUSSED BY THE BOARD AND PROVISIONS ARE MADE FOR RESOLVING THE CONFLICT, EITHER BY RECUSING THE MEMBER FROM VOTING ON ISSUES RELATED TO THE CONFLICT, OR BY REQUIRING RESIGNATION OF THE BOARD MEMBER, IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION PROCESS FOR TOP OFFICIAL: COMPARABILITY DATA IS USED TO OBTAIN A RANGE OF COMPENSATION FOR OTHER LOCAL ORGANIZATIONS OF SIMILAR ASSET SIZE AND NUMBER OF EMPLOYEES. THE BOARD USES THIS RANGE OF COMPENSATION, TOGETHER WITH PERFORMANCE GOALS AND OBJECTIVES EXPECTED OF THE CEO FOR THE PROGRAM YEAR, TO DETERMINE COMPENSATION FOR THE NEXT TWELVE MONTHS. COMPENSATION PROCESS FOR OFFICERS: THE CEO SETS ALL OTHER WAGE RANGES BASED ON COMPARABILITY DATA FOR SPECIFIC JOBS IN THE LOCAL AREA AND PERFORMANCE GOALS AND OBJECTIVES OF THE KEY EMPLOYEE FOR THE PROGRAM YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGES TO THIS PROCESS DURING THE YEAR ENDED DECEMBER 31, 2021.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0218878
IRS990/TotalAssetsEOYAmt0342424
IRS990/TotalAssetsGrp/BOYAmt0218878
IRS990/TotalAssetsGrp/EOYAmt0342424
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0343807
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038699
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0191176
IRS990/TotalFunctionalExpensesGrp/TotalAmt0229875
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02382
IRS990/TotalLiabilitiesEOYAmt03763
IRS990/TotalLiabilitiesGrp/BOYAmt02382
IRS990/TotalLiabilitiesGrp/EOYAmt03763
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0216496
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0338661
IRS990/TotalOtherCompensationAmt017701
IRS990/TotalProgramServiceExpensesAmt0191176
IRS990/TotalProgramServiceRevenueAmt07188
IRS990/TotalReportableCompFromOrgAmt057881
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08233
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0352040
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0218878
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0342424
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt083
IRS990/TravelGrp/ProgramServicesAmt0686
IRS990/TravelGrp/TotalAmt0769
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02421 LIMNER LANE
IRS990/USAddress/CityNm0WINSTON SALEM
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027106
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.THECARESPROJECT.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT MCLAUGHLIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03368401555
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CARES PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0CARE
ReturnHeader/Filer/EIN0812944362
ReturnHeader/Filer/PhoneNum03368401555
ReturnHeader/Filer/USAddress/AddressLine1Txt03410 HEALY DRIVE
ReturnHeader/Filer/USAddress/CityNm0WINSTONSALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560817345

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$342,424
Liabilities
$3,763
Net assets
$338,661
Revenue
$352,040
Expenses
$229,875
Net income
$122,165
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.79$1.65$5.13$3.63$3.36$0.27
2024Detailed filing. Detailed filing data is available for this year.$7.02$2.16$4.86$2.97$2.53$0.44
2023Detailed filing. Detailed filing data is available for this year.$5.05$0.63$4.42$4.25$2.42$1.83
2022Detailed filing. Detailed filing data is available for this year.$2.68$0.09$2.59$1.21$2.00$0.79
2021Detailed filing. Detailed filing data is available for this year.$3.42$0.04$3.39$3.52$2.30$1.22
2020Detailed filing. Detailed filing data is available for this year.$2.19$0.02$2.16$2.59$2.04$0.55
2019Detailed filing. Detailed filing data is available for this year.$1.65$0.04$1.61$2.14$1.73$0.40
2018Detailed filing. Detailed filing data is available for this year.$1.26$0.05$1.21$1.65$0.83$0.82
2017Summary only. Only limited summary data is available for this year.$0.39$0.00$0.44$0.09$0.35
2016Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.00$0.04