CAREGROUP INCClosed
Closed
Income Statement
Fiscal Year Start:
Oct 1
Closed
This organization is considered closed as of 2019. Impala made this determination because the organization is listed as revoked by the IRS, has not filed Form 990s in 5+ years, and no longer appears in the EO Business Master File or Pub78 List.
Note: The closure year reflects the IRS revocation effective date. Revocation typically follows three years of non-filing, so the organization may have ceased operations earlier.
Revenues in 2019
$14,079,802
Other
73%
Program Services
27%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2019
$6,855,924
Other
49%
Salaries & Benefits
38%
Fees to Service Providers
9%
Offices, Occupancy & IT
5%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2018
2019
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$8,200,121
$3,765,650
-54%
Membership Dues
$0
$0
-
Investments
$31,481
$18,289
-42%
Other
$4,997,416
$10,295,863
+106%
Total Revenues
$13,229,018
$14,079,802
+6%
Expenses
2018
2019
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,720,151
$2,571,205
-55%
Fees to Service Providers
$1,787,472
$618,516
-65%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$511,160
$335,803
-34%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$13,475,665
$3,330,400
-75%
Total Expenses
$21,494,448
$6,855,924
-68%
Net income
2018
2019
Change
Net income
-$8,265,430
+$7,223,878
-187%
Functional Expenses
Summary
2018
2019
Change
Program
$10,185,529
$4,888,815
-52%
Admin
$11,308,919
$1,967,109
-83%
Fundraising
$0
$0
-
Total Expenses
$21,494,448
$6,855,924
-68%
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