Caring Connection EIN 84-0909174

Caring Connection FY2020 filing

EIN  84-0909174 Unknown exempt organization Alexandria, VA
Form 990 (PDF)
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Size
<$100K
What they do
Raises funds for member agencies via workplace giving campaigns.
Leadership
David Kerr · Executive Director and Act · $69K
Money in and out
$320K revenue, $342K expenses
Bottom line
-7% surplus margin

Raises funds for member agencies via workplace giving campaigns. For fiscal year 2020 it reported $320K in revenue, $342K in expenses, and $5K in net assets.Pt I

Reported financial activity · FY2020
Total revenue
$320K
Pt VIII · Ln 12
Total expenses
$342K
Pt IX · Ln 25
Net assets
$5K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$22K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Surplus margin
-7%
revenue over expenses, this year
Program spending
83%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$320K
FY2020
Expenses
$342K
FY2020
Total assets
$285K
FY2020
Total liabilities
$280K
FY2020
Total revenue
$320K
Pt VIII · Ln 12
Total expenses
$342K
Pt IX · Ln 25
Net assets
$5K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$22K
Total assetsPt X · Ln 16$285K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $283K of program spending, described in the organization's own filed words · FY2019.
01

Agency Distributions

The organization is a federation for the worksite payroll deduction campaigns on behalf of the member non-profit human services agencies. The organization administers and distributes funds to member and non-member non-profit agencies participating in the campaigns.

$248Kprogram expense
02

Member Relations and Advancement

Member organizations are the primary reason caring connection exists. To enhance the likelihood that each nonprofit will attract appropriate attention (cash pledges) from potential donors represented by the various workplace campaigns, caring connection seeks to build:- member relationship - the staff at caring connection tours current…

$24Kprogram expense
03

Federation Partnership Promotion

Collaboration is key to the success and magnitude of workplace giving. The federation model and its various participants are a powerful force in local philanthropy. Caring connection is committed to doing everything possible to promote and support our federation partners [community shares and community health charities (partnership for…

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCaring Connection
EINHdr · item D84-0909174
Principal addressHdr · item CAlexandria, VA
WebsiteHdr · item Jwww.caringconnection.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director and Act
$68,526Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2020FY2020
David Kerr$10,000$68,526

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.

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Statement of Revenue

Part VIII
Contributions & grants100%$320K
Investment income$48
— government grantsLn 1e$12K
Total revenueLn 12$320K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Program services83%$283K
Management & general10%$33K
Fundraising7%$26K
Total functional expensesLn 25$342K

Balance Sheet

Part X · end of year
CashLn 1$56K
Total assetsLn 16$285K
Total liabilitiesLn 26$280K
Total net assetsLn 32$5K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $56K · Operating expenses/yr $342K
2.0 months
Where the money goes
Program services
Program services $283K · Total expenses $342K
83%
Management & General
Management & general $33K · Total expenses $342K
10%
Fundraising
Fundraising $26K · Total expenses $342K
7%
Cost to raise $1
Fundraising expense $26K · Solicited contributions $307K
$0.08 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $320K · Total revenue $320K
100%
Government reliance
Government grants $12K · Total revenue $320K
4%
Earned-income share
Program service revenue $0 · Total revenue $320K
0%
Investment reliance
Investment income $48 · Total revenue $320K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $342K
0%
Growth & trend
Revenue growth (YoY)
This year $320K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $5K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $320K · Expenses $342K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $285K
Net-asset ratio
Net assets $5K · Total assets $285K
2%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $285K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual David Kerr · Reported title EXECUTIVE DIRECTOR AND ACT · Highest reported compensation $69K · Total expenses $342K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $62K · Total expenses $342K
18%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 10%
Fundraising cost ratio 8%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$27K
Grants paid · 17 grants · $269K · 2019–2019
Denver Rescue MissionCO · FY2019$93,146
Beyond Home (formerly Colorado Homeless Families)FY2019$20,685
Safehouse Denver INCCO · FY2019$16,527
Ralston HouseCO · FY2019$12,286
A Precious Child INCCO · FY2019$8,576
Metro CaringCO · FY2019$5,384

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2020$320K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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