The Cara Foundation Inc
The Cara Foundation Inc. faces persistent operational deficits, drawing down assets despite zero executive compensation.
EIN: 205640721 · Brookfield, WI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $379K |
| Total Expenses | $123K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $1.2M |
| Transparency Score | 55/100 |
Is The Cara Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Cara Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Cara Foundation Inc
The Cara Foundation Inc (EIN: 205640721) is a nonprofit organization based in Brookfield, WI, classified under NTEE code T22. The organization reported total revenue of $379K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Cara Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Cara Foundation Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -126.3% | -18.5% | -10.1% |
| 2021 | -13.9% | -6.0% | +4.7% |
| 2020 | +1655.5% | +28.2% | +6.8% |
| 2019 | -79.8% | -15.0% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 The Cara Foundation Inc with a Mission Score of 55 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
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Cara Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for an organization of its size with annual expenses typically around $100,000-$120,000.
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 The Cara Foundation Inc's IRS 990 filings:
- Consistent negative net revenue in recent years (e.g., -$15,986 in 2023, -$48,725 in 2022).
- Steady decline in total assets over the past decade, from $1,468,916 in 2011 to $1,164,146 in 2023.
- Expenses consistently exceeding revenue, indicating an unsustainable operational model.
Strengths
The following positive indicators were identified for The Cara Foundation Inc:
- Zero executive compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
- Maintains a substantial asset base ($1,164,146 in 2023) relative to annual expenses, providing a buffer despite operational deficits.
- Long filing history (10 filings) indicates consistent compliance with IRS reporting requirements.
Frequently Asked Questions about The Cara Foundation Inc
Is The Cara Foundation Inc a legitimate charity?
The Cara Foundation Inc (EIN: 205640721) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $379K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Cara Foundation Inc spend its money?
The Cara Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Cara Foundation Inc tax-deductible?
The Cara Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205640721). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Cara Foundation Inc CEO make?
The Cara Foundation Inc's highest-compensated officer earns $100,000 annually. The organization reported $379K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Cara Foundation Inc's spending goes to programs?
The Cara Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The Cara Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), The Cara Foundation Inc is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Cara Foundation Inc located?
The Cara Foundation Inc is headquartered in Brookfield, Wisconsin and files with the IRS under EIN 205640721. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Cara Foundation Inc have?
The Cara Foundation Inc has 10 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 $379K in total revenue.
Is The Cara Foundation Inc. financially sustainable?
Based on the consistent negative net revenue in recent years (e.g., -$15,986 in 2023, -$48,725 in 2022), the organization is not financially sustainable in its current operational model, as it is drawing down its assets to cover expenses.
What is the primary source of the organization's financial challenges?
The primary challenge appears to be a consistent inability to generate sufficient revenue to cover its annual expenses, leading to operational deficits and a decline in total assets over time.
How has the organization's asset base changed over time?
The organization's assets have steadily declined from $1,468,916 in 2011 to $1,164,146 in 2023, reflecting the impact of sustained operational deficits.
Filing History
IRS 990 filing history for The Cara Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Cara Foundation Inc's revenue has declined by 237.6%, moving from $12K to $-15,986. Total assets decreased by 20.7% over the same period, from $1.5M to $1.2M. Total functional expenses rose by 19.6%, from $103K to $123K. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-15,986 | $123K | $1.2M | $1 | — | — |
| 2022 | $-48,725 | $97K | $1.3M | $1 | — | View 990 |
| 2021 | $185K | $119K | $1.4M | $1 | — | — |
| 2020 | $215K | $127K | $1.4M | $1 | — | View 990 |
| 2019 | $12K | $99K | $1.3M | $1 | — | View 990 |
| 2015 | $60K | $117K | $1.3M | $0 | — | View 990 |
| 2014 | $54K | $111K | $1.4M | $0 | — | View 990 |
| 2013 | $148K | $139K | $1.4M | $0 | — | View 990 |
| 2012 | $50K | $82K | $1.4M | $0 | — | View 990 |
| 2011 | $12K | $103K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-15,986, expenses of $123K, and assets of $1.2M.
- 2022: Revenue of $-48,725, expenses of $97K, and assets of $1.3M (revenue -126.3% year-over-year).
- 2021: Revenue of $185K, expenses of $119K, and assets of $1.4M (revenue -13.9% year-over-year).
- 2020: Revenue of $215K, expenses of $127K, and assets of $1.4M (revenue +1655.5% year-over-year).
- 2019: Revenue of $12K, expenses of $99K, and assets of $1.3M (revenue -79.8% year-over-year).
- 2015: Revenue of $60K, expenses of $117K, and assets of $1.3M (revenue +12.0% year-over-year).
- 2014: Revenue of $54K, expenses of $111K, and assets of $1.4M (revenue -63.5% year-over-year).
- 2013: Revenue of $148K, expenses of $139K, and assets of $1.4M (revenue +198.5% year-over-year).
- 2012: Revenue of $50K, expenses of $82K, and assets of $1.4M (revenue +326.5% year-over-year).
- 2011: Revenue of $12K, expenses of $103K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Cara Foundation Inc:
Data Sources and Methodology
This transparency report for The Cara Foundation 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.