Caleb Cares INC EIN 87-2267140

Caleb Cares INC

EIN  87-2267140 Public charity (501(c)(3)) Hyattsville, MD
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Size
$100K–1M
What they do
Empowers individuals to embrace their uniqueness and combat bullying.
Leadership
Caleb Williams · President
Money in and out
$100K revenue, $707K expenses
Bottom line
79% program efficiency

Empowers individuals to embrace their uniqueness and combat bullying. For fiscal year 2024 it reported $100K in revenue, $707K in expenses, and $228K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$100K
Pt VIII · Ln 12
Total expenses
$707K
Pt IX · Ln 25
Net assets
$228K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$607K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.16 Fundraising $0.05
Program efficiency
79%
of spending reaches programs▲ +16% vs prior filing year
Operating runway
4.3mo
months of highly liquid reserves at operating expense rate▼ -73% vs prior filing year
Surplus margin
-605%
revenue over expenses, this year▼ -934% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$100K
FY2024▼ -88%
Expenses
$707K
FY2024▲ +195%
Total assets
$260K
FY2024▼ -70%
Total liabilities
$32K
FY2024▲ +16%
Total revenue
$100K
Pt VIII · Ln 12
Total expenses
$707K
Pt IX · Ln 25
Net assets
$228K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$607K
Total assetsPt X · Ln 16$260K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

3 program services account for $559K of program spending, described in the organization's own filed words · FY2024.
01

Living less than a year in the los angeles area, caleb established a partnership between CALEBCARES.ORG and the boys and girls club of los angeles. The partnership's mission is to prevent bullying, promote kindness and empower youth.

$405Kprogram expense
02

Upon his arrival to the chicago bears football club, caleb williams bought over $100,000 of tickets for disadvantaged youth in the chicago area. These tickets included an all-inclusive visit to any of the 9 home games in which the chicago bears played at soldier field.

$105Kprogram expense
03

Caleb cares inc partnered with DR pepper to award $50,000 in tuition to two students from the boys & girls clubs of metro los angeles (bgcmla).

$50Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCaleb Cares INC
EINHdr · item D87-2267140
Principal addressHdr · item CHyattsville, MD
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFAug 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President, Secretary, Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$96K · 96%
Investment income$4K · 4%
Contributions & grants96%$96K
Investment income4%$4K
Total revenueLn 12$100K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.16 Fundraising $0.05
Program services79%$559K
Management & general16%$111K
Fundraising5%$37K
Total functional expensesLn 25$707K

Balance Sheet

Part X · end of year
CashLn 1$256K
Total assetsLn 16$260K
Total liabilitiesLn 26$32K
Total net assetsLn 32$228K
Months of cash on handcomputed4.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $256K · Operating expenses/yr $707K
4.3 months
Where the money goes
Program services
Program services $559K · Total expenses $707K
79%
Management & General
Management & general $111K · Total expenses $707K
16%
Fundraising
Fundraising $37K · Total expenses $707K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $12K · Solicited contributions (3-yr avg) $396K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $96K · Total revenue $100K
96%
Government reliance
Government grants — · Total revenue $100K
Earned-income share
Program service revenue $0 · Total revenue $100K
0%
Investment reliance
Investment income $4K · Total revenue $100K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $707K
0%
Growth & trend
Revenue growth (YoY)
This year $100K · Prior year $872K
-88%
Net-asset trend (YoY)
End of year $228K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $100K · Expenses $707K
-605%
Liabilities-to-Assets
Total liabilities — · Total assets $260K
Net-asset ratio
Net assets $228K · Total assets $260K
88%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $260K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Caleb Williams · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $707K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $110K · Total expenses $707K
16%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 16%
Fundraising cost ratio 39%
Revenue growth -88%
Accounting fee ratio 1%

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 · FY2023
Total grants receivedfrom 1 funder$26K
Grants paid · 3 grants · $97K · 2023–2024
Gonzaga College High SchoolDC · FY2024$36,600

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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
FY2024 (Latest)$100K revenue · viewing · ⤓ 990 PDF
FY2023$872K revenue · ⤓ 990 PDF
FY2022$220K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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