Carefirst Community Health Services

Carefirst Community Health Services faces significant financial challenges with persistent operating deficits and growing liabilities.

EIN: 20606865 · Detroit, MI · NTEE: B99 · Updated: 2026-03-28

$212KRevenue
$220KAssets
45/100Mission Score (Fair)
B99
Carefirst Community Health Services Financial Summary
MetricValue
Total Revenue$212K
Total Expenses$421K
Program Spending70%
Net Assets$-410,770
Transparency Score45/100

Is Carefirst Community Health Services Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Carefirst Community Health Services directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Carefirst Community Health Services

Carefirst Community Health Services (EIN: 20606865) is a nonprofit organization based in Detroit, MI, classified under NTEE code B99. The organization reported total revenue of $212K and total assets of $220K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carefirst Community Health Services's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

23Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Carefirst Community Health Services is a small nonprofit that has been operating for 23 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -11.9%.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

Total Revenue$212K
Total Expenses$421K
Surplus / Deficit$-209,545
Total Assets$220K
Total Liabilities$631K
Net Assets$-410,770
Operating Margin-99.0%
Debt-to-Asset Ratio286.5%
Months of Reserves6.3 months

Financial Health Grade: C

In 2022, Carefirst Community Health Services reported a deficit of $210K with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 286.5% (high leverage).

Financial Trends

Over 12 years of filings (2011–2022), Carefirst Community Health Services's revenue has declined at a compound annual growth rate (CAGR) of -11.9%.

YearRevenue ChangeExpense ChangeAsset Change
2022-13.6%-1.5%-38.7%
2021-50.5%+2.4%+61.0%
2020+27.1%-5.2%+11887.4%
2019-23.4%-25.3%-97.1%
2018-24.7%-9.4%-35.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2003

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Carefirst Community Health Services appears to be in a precarious financial position. In the latest filing period (202209), the organization reported revenue of $211,704 against expenses of $421,249, indicating a significant operating deficit. This trend of expenses exceeding revenue has been consistent in recent years, with similar deficits in 202109 ($244,958 revenue vs. $427,578 expenses) and 201909 ($389,260 revenue vs. $440,686 expenses). The organization's liabilities have also grown substantially, reaching $631,021 in 202209, far exceeding its assets of $220,251. This suggests a reliance on debt or other non-sustainable funding methods to cover operational costs. While the filings consistently show 0% officer compensation, which is a positive indicator for minimizing administrative overhead, the overall financial health raises concerns about long-term sustainability. The consistent operating deficits and increasing liabilities could impact the organization's ability to deliver on its mission effectively. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency, but the overall financial trajectory is concerning. Transparency regarding executive compensation is excellent, with no reported officer compensation. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of spending efficiency beyond the overall deficit. The significant and persistent negative net assets (assets minus liabilities) suggest a need for a robust financial strategy to ensure the organization's future viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Carefirst Community Health Services with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Carefirst Community Health Services allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2022)

From the most recent IRS 990 filing on record:

$212KTotal Revenue
$421KTotal Expenses
$220KTotal Assets
$631KTotal Liabilities
$-410,770Net Assets

Executive Compensation Analysis

Executive compensation is reported as 0% in all available filings, indicating that no officers are receiving compensation, which is a positive sign for minimizing administrative costs relative to the organization's size and revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Carefirst Community Health Services's IRS 990 filings:

Strengths

The following positive indicators were identified for Carefirst Community Health Services:

Frequently Asked Questions about Carefirst Community Health Services

Is Carefirst Community Health Services a legitimate charity?

Based on AI analysis of IRS 990 filings, Carefirst Community Health Services (EIN: 20606865) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

How does Carefirst Community Health Services spend its money?

Carefirst Community Health Services directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Carefirst Community Health Services tax-deductible?

Carefirst Community Health Services is registered as a tax-exempt nonprofit (EIN: 20606865). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Carefirst Community Health Services's spending goes to programs?

Carefirst Community Health Services directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Carefirst Community Health Services compare to similar nonprofits?

With a transparency score of 45/100 (Fair), Carefirst Community Health Services is near average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Carefirst Community Health Services located?

Carefirst Community Health Services is headquartered in Detroit, Michigan and files with the IRS under EIN 20606865. It is classified under NTEE code B99.

How many years of IRS 990 filings does Carefirst Community Health Services have?

Carefirst Community Health Services has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $212K in total revenue.

Is Carefirst Community Health Services financially stable?

No, the organization is not financially stable. It has consistently reported significant operating deficits, with expenses exceeding revenue by over $200,000 in 202209 and 202109. Liabilities ($631,021 in 202209) also far outweigh assets ($220,251), indicating a negative net asset position.

What is the trend in Carefirst Community Health Services' revenue?

Carefirst Community Health Services' revenue has shown a declining trend in recent years, dropping from $494,721 in 202009 to $211,704 in 202209. This significant decrease in income exacerbates its financial challenges.

How does Carefirst Community Health Services manage its liabilities?

The organization's liabilities have significantly increased over time, reaching $631,021 in 202209 from $341,947 in 202009. This growing debt burden, coupled with declining assets, suggests potential difficulties in managing its financial obligations.

Does Carefirst Community Health Services pay its officers?

Based on the provided IRS 990 data, Carefirst Community Health Services consistently reports 0% officer compensation across all available filing periods, indicating that no officers are compensated.

Filing History

IRS 990 filing history for Carefirst Community Health Services showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Carefirst Community Health Services's revenue has declined by 75.3%, moving from $856K to $212K. Total assets decreased by 19.8% over the same period, from $275K to $220K. Total functional expenses fell by 48.7%, from $822K to $421K. In its most recent filing year (2022), Carefirst Community Health Services reported a deficit of $210K, with expenses exceeding revenue. The organization holds $631K in liabilities against $220K in assets (debt-to-asset ratio: 286.5%), resulting in net assets of $-410,770.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2022 $212K $421K $220K $631K
2021 $245K $428K $359K $598K View 990
2020 $495K $418K $223K $342K
2019 $389K $441K $2K $198K View 990
2018 $508K $590K $63K $207K View 990
2017 $675K $652K $98K $161K
2016 $613K $598K $72K $163K View 990
2015 $468K $573K $78K $182K View 990
2014 $444K $552K $111K $101K View 990
2013 $739K $832K $208K $92K View 990
2012 $972K $895K $357K $148K View 990
2011 $856K $822K $275K $142K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Carefirst Community Health Services:

2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Carefirst Community Health Services is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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