Care And Share Inc
- Assets
- $21.7m
- Revenue
- $54.3m
- Investments
- $0.0
- Employees
- 88
- Location
- Colorado Springs, CO
- Founding
- 02/1978
- Data as of
- 06/2022
- EIN
- 84-0731930
Organization Overview
Care And Share Inc is located in Colorado Springs, CO. The organization was established in 1978. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Care And Share Inc employed 88 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care And Share Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Care And Share Inc generated $54.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $54.8m during the year ending 06/2022. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGING THE GAP BETWEEN HUNGER AND ABUNDANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A SUFFICIENT AMOUNT OF EMERGENCY AND SUPPLEMENTAL FOOD FOR LOW-INCOME EARNERS AND SPECIAL NEEDS POPULATIONS INCLUDING CHILDREN AND SENIORS. TO MAINTAIN AND IMPROVE THE NUTRITIONAL QUALITY OF FOOD AVAILABLE TO PEOPLE IN NEED. TO DEVELOP LONG-TERM FOOD SECURITY AMONG PEOPLE IN NEED THROUGH TARGETED OUTREACH AND EDUCATION. TO CREATE COMMUNITY AWARNESS OF HUNGER, ITS CAUSES AND SOLUTIONS.
THE SEND HUNGER PACKING (BACKPACK) PROGRAM PROVIDES FOOD TO CHRONICALLY HUNGRY SCHOOL CHILDREN FROM LOW-INCOME HOUSEHOLDS WHO ARE AT RISK OF HUNGER OVER THE WEEKEND WHEN FREE SCHOOL MEALS ARE UNAVAILABLE. (SEE SCHEDULE O FOR CONTINUATION)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynne Telford Chief Executive Officer | Officer | 40 | $212,885 |
Chris Bender President | Officer | 40 | $171,778 |
Shannon Coker Chief Operating Officer | Officer | 40 | $120,619 |
Zac Egeler Chief Financial Officer | Officer | 40 | $113,410 |
Janice Williams Board Secretary | OfficerTrustee | 1 | $0 |
Tim Sullivan Board Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $23,641 |
| Membership dues | $0 |
| Fundraising events | $862,374 |
| Related organizations | $43,724 |
| Government grants | $14,622,998 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,639,008 |
| Noncash contributions included in lines 1a–1f | $42,351,827 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,191,745 |
| Total Program Service Revenue | $1,144,213 |
| Investment income | $2,672 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $13,532 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$83,472 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,268,690 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,507 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $668,972 |
| Compensation of current officers, directors, key employees. | $253,121 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,206,521 |
| Pension plan accruals and contributions | $54,263 |
| Other employee benefits | $441,817 |
| Payroll taxes | $348,442 |
| Fees for services: Management | $80,099 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $45,054 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $355,494 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,871 |
| Advertising and promotion | $46,219 |
| Office expenses | $382,825 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $374,896 |
| Travel | $482,748 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $56,184 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $653,490 |
| Insurance | $133,554 |
| All other expenses | $316,167 |
| Total functional expenses | $54,800,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,160,367 |
| Savings and temporary cash investments | $4,787,639 |
| Pledges and grants receivable | $470,233 |
| Accounts receivable, net | $176,379 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,929,698 |
| Prepaid expenses and deferred charges | $132,766 |
| Net Land, buildings, and equipment | $12,051,314 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,708,396 |
| Accounts payable and accrued expenses | $798,041 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $1,693,474 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,491,515 |
| Net assets without donor restrictions | $18,812,598 |
| Net assets with donor restrictions | $404,283 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,708,396 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Care And Share Inc has recieved totaling $11,500.
| Awarding Organization | Amount |
|---|---|
Southern Colorado Community Foundation Pueblo, CO PURPOSE: EDUCATIONAL PURPOSES | $11,500 |
Endowment Analysis
| Beg. Balance | $1,424,181 |
| Earnings | -$220,655 |
| Net Contributions | $45,507 |
| Other Expense | $79,882 |
| Ending Balance | $1,169,151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Food Bank Inc Tucson, AZ | $56,197,038 | $127,317,393 |
Roadrunner Food Bank Inc Albuquerque, NM | $51,163,005 | $120,843,441 |
Regional Food Bank Of Oklahoma Oklahoma City, OK | $36,553,416 | $95,465,627 |
Community Food Bank Of Eastern Oklahoma Inc Tulsa, OK | $69,259,421 | $97,549,817 |
Care And Share Inc Colorado Springs, CO | $21,708,396 | $54,268,690 |
Foodbank For The Heartland Omaha, NE | $18,090,007 | $45,859,600 |
United Food Bank Mesa, AZ | $14,110,479 | $41,978,050 |
Yuma Community Food Bank Yuma, AZ | $6,042,055 | $32,152,726 |
Kansas Food Bank Warehouse Inc Wichita, KS | $25,177,689 | $24,577,284 |
Food Bank For Larimer County Loveland, CO | $23,780,959 | $24,388,782 |
Weld Food Bank Greeley, CO | $11,364,016 | $19,346,172 |
Food Bank Of Lincoln Inc Lincoln, NE | $19,534,809 | $19,256,547 |