Caracole INC

Tax-deductible

Cincinnati, OH501(c)(3)Since 1987HousingEIN 31-1210524

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We positively change lives in the fight against HIV/aids through prevention, housing and care.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Run by 269 volunteers and 73 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $76K a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$274K
to officers and key staff · 2% of spending
Top officer’s pay lower than 80% of similar orgs
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
16
named funders · $2.2M
Looks good: 16 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 29 voting members
Looks good: 29 of 29 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.3M
+11% vs prior year
Spent
$14.2M
To programs
94%
Net assets
$4.8M
By yearFY2020–FY2024
Revenue
$14.3M
FY2024▲ +11%
Revenue by fiscal year
FY2020$12.3M
FY2021$11.6M
FY2022$12.5M
FY2023$12.9M
FY2024$14.3M
Expenses
$14.2M
FY2024▲ +0.8%
Expenses by fiscal year
FY2020$11.0M
FY2021$11.3M
FY2022$12.8M
FY2023$14.1M
FY2024$14.2M
Net assets
$4.8M
FY2024▲ +4%
Net assets by fiscal year
FY2020$6.1M
FY2021$6.6M
FY2022$5.5M
FY2023$4.6M
FY2024$4.8M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $13.4M Management & general 5% · $648K Fundraising 1% · $164K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

32 people listed on the 990; $274K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$151,846Pt VII · Sec A
Chief Financial Officer
$114,996Pt VII · Sec A
Chief Executive Officer
$7,192Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A

Linda Seiter Until 104’s $152K as Chief Executive Officer is at the 20th percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Linda Seiter—$167,198$159,307$153,845$134,652
Linda Seiter Until 104$151,846————
Adam Fischer$114,996$107,341———
Ellie Singleton—$103,428$90,245$82,570$77,010
Mark McComas 1122 - 93022——$93,827——
Mark McComas———$88,706$86,117
Midge Hines——$87,429$79,430$59,190
Rina Saperstein——$80,471$74,062$49,120

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Caracole INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fighting HIV/AIDS through prevention, housing, and care to positively change lives.

Provided by the organization

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1 program · $13.4M · in their own filed words · FY2024
01

In 2024, caracole served 1,165 clients living with hiv in case management and the pharmacy filled 9,585 prescriptions while covering all copays and related expenses. Our housing department provided 204 people in 146 households with permanent supportive housing, while providing short term assistance to 24 households.

$13.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 16 funders →
Grants paid · 21 grants · $8.2M · 2020–2024
Unitemized GrantFY2024$669,848
Unitemized GrantFY2024$444,103
Unitemized GrantFY2024$368,659
Unitemized GrantFY2024$221,293
Unitemized GrantFY2023$526,359
Unitemized GrantFY2023$348,972
Unitemized GrantFY2023$289,688
Unitemized GrantFY2023$173,889
Unitemized GrantFY2022$624,245
Unitemized GrantFY2022$413,868
Unitemized GrantFY2022$343,561
Unitemized GrantFY2022$206,227
Unitemized GrantFY2021$670,128
Unitemized GrantFY2021$453,861
Unitemized GrantFY2021$380,309
Unitemized GrantFY2021$204,853
Unitemized GrantFY2020$703,790
Unitemized GrantFY2020$482,318
See all 21 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$14.3M
Ln 12
Gifts and grantsLn 1h$7.4M
Fees for servicesLn 2g$6.5M
Investment incomeLn 3$342K
Money outPt IX
$14.2M
Ln 25
Programscol B$13.4M
Managementcol C$648K
Fundraisingcol D$164K
Owns and owesPt X
$4.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$6.4M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
32
listed · VII A
PaidVII A3
Voting boardVI 1a29
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.4M
Government grantsLn 1e$6.8M
Noncash giftsLn 1g$93K
Fundraising eventsLn 1c$87K
Fees for servicesLn 2g$6.5M
Investment incomeLn 3$342K
Other incomeLn 4–11$16K
Gains on assetsLn 7$137K
Total revenueLn 12$14.3M
Assets in detailPt X, end of year
CashLn 1$1.3M
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$2.9M
Land, buildings, equipmentLn 10c$209K
Other assetsLn 15$465K
Total assetsLn 16$6.4M
LiabilitiesLn 26$1.6M
Net assetsLn 32$4.8M
OperationsPt I, VI
EmployeesI 573
VolunteersI 6269
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.2M$1.3M
InvestmentsLn 11–13$2.7M$2.9M
Land, buildings, equipmentLn 10c$228K$209K
Total assetsLn 16$6.1M$6.4M
LiabilitiesLn 26$1.5M$1.6M
Net assetsLn 32$4.6M$4.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.7M$1.7M
Pay of current officers, directors and key staffLn 5$322K$291K$22K$9K
Other salaries and wagesLn 7$4.1M$3.7M$276K$115K
Other employee benefitsLn 9$845K$759K$75K$11K
Payroll taxesLn 10$323K$292K$22K$9K
Legal feesLn 11b$7K$5K$3K$42
Accounting feesLn 11c$113K$71K$41K$644
Other fees for servicesLn 11g$166K$104K$61K$947
Advertising and promotionLn 12$131K$95K$32K$3K
Information technologyLn 14$255K$229K$22K$4K
OccupancyLn 16$274K$254K$15K$6K
TravelLn 17$50K$50K$692$151
Conferences, conventions and meetingsLn 19$47K$39K$8K$86
InterestLn 20$478$239$239
Depreciation, depletion and amortizationLn 22$51K$51K
InsuranceLn 23$40K$36K$4K$388
Other expenses (24a–d)Ln 24$5.7M$5.7M$9K$1K
All other expensesLn 24e$60K$51K$7K$3K
Total functional expensesLn 25$14.2M$13.4M$648K$164K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $14.3M$14.2M$119K$4.8M 990 PDF
FY2023 $12.9M$14.1M−$1.2M$4.6M 990 PDF
FY2022 $12.5M$12.8M−$242K$5.5M 990 PDF
FY2021 $11.6M$11.3M$315K$6.6M 990 PDF
FY2020 $12.3M$11.0M$1.4M$6.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $14,327,490 across 12 lines filed
VIII-1a Federated campaigns$156,918
VIII-1c Fundraising events$86,881
VIII-1e Government grants$6,773,699
VIII-1f All other contributions, gifts and grants$413,993
VIII-1g Noncash contributions (included above)$92,881
VIII-1h Total contributions, gifts and grants$7,431,491
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,538,556$6,538,556
VIII-3 Investment incomeExcluded from tax $204,545$204,545
VIII-7 Net gain or loss on sales of assetsExcluded from tax $137,114$137,114
VIII-8 Net income from fundraising eventsExcluded from tax $13,169$13,169
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $2,615$2,615
VIII-12 Total revenueRelated to mission $6,538,556 · Unrelated business $0 · Excluded from tax $357,443$14,327,490
Part IX · Statement of functional expenses $14,208,193 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $1,703,903$1,703,903
IX-5 Pay of current officers, directors and key staffPrograms $291,467 · Management $21,758 · Fundraising $9,054$322,279
IX-7 Other salaries and wagesPrograms $3,698,707 · Management $276,112 · Fundraising $114,885$4,089,704
IX-9 Other employee benefitsPrograms $759,257 · Management $75,006 · Fundraising $10,718$844,981
IX-10 Payroll taxesPrograms $292,356 · Management $21,825 · Fundraising $9,081$323,262
IX-11b Legal feesPrograms $4,568 · Management $2,684 · Fundraising $42$7,294
IX-11c Accounting feesPrograms $70,591 · Management $41,476 · Fundraising $644$112,711
IX-11g Other fees for servicesPrograms $103,852 · Management $61,019 · Fundraising $947$165,818
IX-12 Advertising and promotionPrograms $95,066 · Management $31,976 · Fundraising $3,489$130,531
IX-14 Information technologyPrograms $229,054 · Management $21,925 · Fundraising $4,388$255,367
IX-16 OccupancyPrograms $253,810 · Management $14,626 · Fundraising $5,635$274,071
IX-17 TravelPrograms $49,551 · Management $692 · Fundraising $151$50,394
IX-19 Conferences, conventions and meetingsPrograms $38,769 · Management $8,383 · Fundraising $86$47,238
IX-20 InterestPrograms $239 · Management $239$478
IX-22 Depreciation, depletion and amortizationManagement $51,132$51,132
IX-23 InsurancePrograms $35,602 · Management $3,680 · Fundraising $388$39,670
IX-24 Other expenses (24a–d)Programs $5,719,039 · Management $8,597 · Fundraising $1,263$5,728,899
IX-24e All other expensesPrograms $50,718 · Management $6,963 · Fundraising $2,780$60,461
IX-25 Total functional expensesPrograms $13,396,549 · Management $648,093 · Fundraising $163,551$14,208,193
Part X · Balance sheet $6,407,331 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,174,550$1,311,254
X-3 Pledges and grants receivableStart of year $860,526$740,196
X-4 Accounts receivableStart of year $396,185$690,299
X-8 Inventories for sale or useStart of year $696$29,678
X-9 Prepaid expenses and deferred chargesStart of year $12,532$109,756
X-10c Land, buildings and equipment, netStart of year $227,986$208,644
X-11 Publicly traded securitiesStart of year $2,662,037$2,852,511
X-15 Other assetsStart of year $743,102$464,993
X-16 Total assetsStart of year $6,077,614$6,407,331
X-17 Accounts payable and accrued expensesStart of year $736,773$1,165,773
X-25 Other liabilitiesStart of year $735,914$458,133
X-26 Total liabilitiesStart of year $1,472,687$1,623,906
X-27 Net assets without donor restrictionsStart of year $4,496,753$4,691,776
X-28 Net assets with donor restrictionsStart of year $108,174$91,649
X-32 Total net assets or fund balancesStart of year $4,604,927$4,783,425
X-33 Total liabilities and net assetsStart of year $6,077,614$6,407,331
Part XI · Reconciliation of net assets $4,783,425 net assets at year end
XI-1 Total revenue$14,327,490
XI-2 Total expenses$14,208,193
XI-3 Revenue less expenses$119,297
XI-4 Net assets at start of year$4,604,927
XI-5 Net unrealized gains (losses) on investments$59,201
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,783,425

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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