The Caregivers Inc
The Caregivers Inc faces significant financial instability with recurring deficits and depleted assets.
EIN: 20395429 · Manchester, NH · NTEE: E60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $207K |
| Total Expenses | $254K |
| Program Spending | 70% |
| Net Assets | $-125,568 |
| Transparency Score | 45/100 |
Is The Caregivers Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Caregivers Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Caregivers Inc
The Caregivers Inc (EIN: 20395429) is a nonprofit organization based in Manchester, NH, classified under NTEE code E60. The organization reported total revenue of $207K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Caregivers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Caregivers Inc is a small nonprofit that has been operating for 7 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $254K |
| Surplus / Deficit | $-46,727 |
| Total Assets | $0 |
| Total Liabilities | $126K |
| Net Assets | $-125,568 |
| Operating Margin | -22.5% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2018, The Caregivers Inc reported a deficit of $47K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2011–2018), The Caregivers Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -21.0% | +0.2% | -100.0% |
| 2017 | +13.7% | +4.7% | +21.3% |
| 2016 | -28.2% | -16.7% | +10.7% |
| 2015 | -1.6% | -18.1% | +17.4% |
| 2014 | -25.4% | -20.5% | -10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
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 Caregivers Inc 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
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Caregivers Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, suggesting a reliance on volunteer leadership or very low-paid executives, which can be a positive for minimizing overhead costs.
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 Caregivers Inc's IRS 990 filings:
- Recurring operational deficits (expenses exceeding revenue in 6 of 8 periods)
- Dramatic decrease in assets from $271,764 in 2017 to $0 in 2018
- Increasing liabilities, reaching $125,568 in 2018
- Negative net assets in the latest filing ($0 assets vs. $125,568 liabilities)
Strengths
The following positive indicators were identified for The Caregivers Inc:
- No reported officer compensation, indicating potential volunteer leadership and low executive overhead.
Frequently Asked Questions about The Caregivers Inc
Is The Caregivers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Caregivers Inc (EIN: 20395429) significant concerns. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
How does The Caregivers Inc spend its money?
The Caregivers Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Caregivers Inc tax-deductible?
The Caregivers Inc is registered as a tax-exempt nonprofit (EIN: 20395429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Caregivers Inc's spending goes to programs?
The Caregivers Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The Caregivers Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), The Caregivers Inc is near average for NTEE category E60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Caregivers Inc located?
The Caregivers Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20395429. It is classified under NTEE code E60.
How many years of IRS 990 filings does The Caregivers Inc have?
The Caregivers Inc has 8 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 $207K in total revenue.
What caused the dramatic decrease in assets from $271,764 in 2017 to $0 in 2018?
The IRS 990 data does not provide specific details on the cause of this asset depletion, but it is a critical area for further inquiry into the organization's financial management.
How does The Caregivers Inc plan to address its recurring operational deficits?
The filings show expenses consistently exceeding revenue in most periods, indicating a need for a clear strategy to achieve financial sustainability.
What is the detailed breakdown of expenses, particularly program vs. administrative costs, given the overall financial challenges?
Without a detailed functional expense statement, it's challenging to fully assess the efficiency of spending, especially when the organization is operating at a deficit.
Filing History
IRS 990 filing history for The Caregivers Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), The Caregivers Inc's revenue has declined by 20%, moving from $259K to $207K. Total assets decreased by 100% over the same period, from $192K to $0. Total functional expenses fell by 15.6%, from $301K to $254K. In its most recent filing year (2018), The Caregivers Inc reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $207K | $254K | $0 | $126K | — | View 990 |
| 2017 | $262K | $254K | $272K | $88K | — | — |
| 2016 | $231K | $242K | $224K | $49K | — | — |
| 2015 | $321K | $291K | $202K | $16K | — | — |
| 2014 | $327K | $355K | $173K | $23K | — | View 990 |
| 2013 | $438K | $447K | $192K | $14K | — | View 990 |
| 2012 | $367K | $367K | $193K | $6K | — | View 990 |
| 2011 | $259K | $301K | $192K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $207K, expenses of $254K, and assets of $0 (revenue -21.0% year-over-year).
- 2017: Revenue of $262K, expenses of $254K, and assets of $272K (revenue +13.7% year-over-year).
- 2016: Revenue of $231K, expenses of $242K, and assets of $224K (revenue -28.2% year-over-year).
- 2015: Revenue of $321K, expenses of $291K, and assets of $202K (revenue -1.6% year-over-year).
- 2014: Revenue of $327K, expenses of $355K, and assets of $173K (revenue -25.4% year-over-year).
- 2013: Revenue of $438K, expenses of $447K, and assets of $192K (revenue +19.4% year-over-year).
- 2012: Revenue of $367K, expenses of $367K, and assets of $193K (revenue +41.4% year-over-year).
- 2011: Revenue of $259K, expenses of $301K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Caregivers Inc:
Data Sources and Methodology
This transparency report for The Caregivers 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.