Community Assistance Resources & Extended Services Inc
Community Assistance Resources & Extended Services Inc experiences explosive growth with zero reported officer compensation.
EIN: 203368734 · New York, NY · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $211.3M |
| Total Expenses | $284.0M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $325 |
| Net Assets | $182.7M |
| Transparency Score | 85/100 |
Is Community Assistance Resources & Extended Services Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Assistance Resources & Extended Services Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Assistance Resources & Extended Services Inc
Community Assistance Resources & Extended Services Inc (EIN: 203368734) is a nonprofit organization based in New York, NY, classified under NTEE code P20. The organization reported total revenue of $211.3M and total assets of $215.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Assistance Resources & Extended Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Assistance Resources & Extended Services Inc is a major nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 60.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $325.6M |
| Total Expenses | $284.0M |
| Surplus / Deficit | +$41.5M |
| Total Assets | $221.0M |
| Total Liabilities | $38.3M |
| Net Assets | $182.7M |
| Operating Margin | 12.8% |
| Debt-to-Asset Ratio | 17.3% |
| Months of Reserves | 9.3 months |
Financial Health Grade: A
In 2023, Community Assistance Resources & Extended Services Inc reported a surplus of $41.5M with revenue exceeding expenses, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 17.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Assistance Resources & Extended Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 60.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.1% | -24.4% | +12.8% |
| 2022 | +299.2% | +322.8% | +196.6% |
| 2021 | +973.4% | +799.3% | +995.4% |
| 2020 | +21.5% | +6.2% | +121.7% |
| 2019 | +12.0% | +10.1% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Assistance Resources & Extended Services Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Community Assistance Resources & Extended Services Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $41.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $325 million in annual revenue, suggesting either a unique operational model or that compensation is reported under different categories.
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 Community Assistance Resources & Extended Services Inc's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which is highly unusual and may obscure actual executive pay.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting efficiency analysis.
Strengths
The following positive indicators were identified for Community Assistance Resources & Extended Services Inc:
- Exceptional revenue growth from $2.8M in 2014 to $325.5M in 2023.
- Strong financial health with 2023 assets ($220.9M) significantly exceeding liabilities ($38.2M).
- Consistent positive net assets, indicating financial sustainability.
- No reported officer compensation, which could be viewed positively for donor trust if fully explained.
Frequently Asked Questions about Community Assistance Resources & Extended Services Inc
Is Community Assistance Resources & Extended Services Inc a legitimate charity?
Community Assistance Resources & Extended Services Inc (EIN: 203368734) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $211.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Community Assistance Resources & Extended Services Inc spend its money?
Community Assistance Resources & Extended Services Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Community Assistance Resources & Extended Services Inc tax-deductible?
Community Assistance Resources & Extended Services Inc is registered as a tax-exempt nonprofit (EIN: 203368734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Community Assistance Resources & Extended Services Inc CEO make?
Community Assistance Resources & Extended Services Inc's highest-compensated officer earns $325 annually. The organization reported $211.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Community Assistance Resources & Extended Services Inc's spending goes to programs?
Community Assistance Resources & Extended Services Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Assistance Resources & Extended Services Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Community Assistance Resources & Extended Services Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Assistance Resources & Extended Services Inc located?
Community Assistance Resources & Extended Services Inc is headquartered in New York, New York and files with the IRS under EIN 203368734. It is classified under NTEE code P20.
How many years of IRS 990 filings does Community Assistance Resources & Extended Services Inc have?
Community Assistance Resources & Extended Services Inc has 13 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 $211.3M in total revenue.
Is Community Assistance Resources & Extended Services Inc a good charity?
Based on its rapid growth, strong asset base, and reported zero officer compensation, CARES appears to be a financially robust organization. However, a definitive 'good' rating would benefit from more detailed functional expense breakdowns to assess program efficiency.
How has the organization's revenue changed over time?
CARES has experienced explosive revenue growth, increasing from $2.8 million in 2014 to $325.5 million in 2023, with a peak of $494.1 million in 2022.
What is the organization's financial stability?
The organization appears financially stable, with 2023 assets of $220.9 million significantly exceeding liabilities of $38.2 million, indicating a strong balance sheet.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. It could indicate that executives are compensated through a related entity, are volunteers, or that compensation is categorized differently in the filings, warranting further investigation for full transparency.
Filing History
IRS 990 filing history for Community Assistance Resources & Extended Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Assistance Resources & Extended Services Inc's revenue has grown by 29212.6%, moving from $1.1M to $325.6M. Total assets increased by 194346.7% over the same period, from $114K to $221.0M. Total functional expenses rose by 25572.9%, from $1.1M to $284.0M. In its most recent filing year (2023), Community Assistance Resources & Extended Services Inc reported a surplus of $41.5M, with revenue exceeding expenses. The organization holds $38.3M in liabilities against $221.0M in assets (debt-to-asset ratio: 17.3%), resulting in net assets of $182.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $325.6M | $284.0M | $221.0M | $38.3M | — | — |
| 2022 | $494.1M | $375.7M | $196.0M | $39.2M | — | View 990 |
| 2021 | $123.8M | $88.8M | $66.1M | $27.5M | — | View 990 |
| 2020 | $11.5M | $9.9M | $6.0M | $2.4M | — | View 990 |
| 2019 | $9.5M | $9.3M | $2.7M | $773K | — | View 990 |
| 2018 | $8.5M | $8.4M | $2.2M | $466K | — | View 990 |
| 2017 | $7.9M | $7.2M | $2.2M | $495K | — | View 990 |
| 2016 | $6.1M | $5.1M | $1.4M | $312K | — | View 990 |
| 2015 | $3.7M | $3.7M | $201K | $151K | — | View 990 |
| 2014 | $2.8M | $2.9M | $73K | $20K | — | View 990 |
| 2013 | $2.4M | $2.3M | $209K | $9K | — | View 990 |
| 2012 | $1.9M | $1.9M | $102K | $19K | — | View 990 |
| 2011 | $1.1M | $1.1M | $114K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $325.6M, expenses of $284.0M, and assets of $221.0M (revenue -34.1% year-over-year).
- 2022: Revenue of $494.1M, expenses of $375.7M, and assets of $196.0M (revenue +299.2% year-over-year).
- 2021: Revenue of $123.8M, expenses of $88.8M, and assets of $66.1M (revenue +973.4% year-over-year).
- 2020: Revenue of $11.5M, expenses of $9.9M, and assets of $6.0M (revenue +21.5% year-over-year).
- 2019: Revenue of $9.5M, expenses of $9.3M, and assets of $2.7M (revenue +12.0% year-over-year).
- 2018: Revenue of $8.5M, expenses of $8.4M, and assets of $2.2M (revenue +7.0% year-over-year).
- 2017: Revenue of $7.9M, expenses of $7.2M, and assets of $2.2M (revenue +30.1% year-over-year).
- 2016: Revenue of $6.1M, expenses of $5.1M, and assets of $1.4M (revenue +62.5% year-over-year).
- 2015: Revenue of $3.7M, expenses of $3.7M, and assets of $201K (revenue +33.7% year-over-year).
- 2014: Revenue of $2.8M, expenses of $2.9M, and assets of $73K (revenue +17.2% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.3M, and assets of $209K (revenue +28.4% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $102K (revenue +67.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $114K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Assistance Resources & Extended Services Inc:
Data Sources and Methodology
This transparency report for Community Assistance Resources & Extended Services Inc 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.