Cape May Cares Inc

Nonprofit profile at a glance

EIN
825455452
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Cape May, NJ, USA
Phone
7176681282
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$112,499
Expenses
$44,473
Assets
$136,147

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

People named in this filing

  • KEITH LAFFERTY MD (CHAIRMAN)
  • ELAINE LAWLER (TRUSTEE)
  • PATRICIA HODGETTS (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide financial assistance and services to senior citizens, low income households and disabled persons who are residents of the cape may housing authority and the surrounding area in southern New Jersey.

What it reported doing in 2024

To provide financial assistance and services to senior citizens, low income households and disabled persons who are residents of the cape may housing authority and the surrounding area in southern New Jersey. In 2024 cape may cares, inc., provided 9 progams and 14 events: the afterschool tutoring program benefitted 21 individuals, higher learning scholarship program benefitted 4 individuals, the high school recognition program benefitted 4 individuals, the wallace stuard sailing foundation benefitted 10 individuals, the junior lifeguard program benefitted 3 individuals, the tennis prgogram benefitted 6 individuals, the private school scholarship program benefitted 1 individual, the east lynne camp benefitted 2 individuals, the nature center camp benefitted 5 individuals, the valentine's day party benefitted 15 individuals, national night out benefitted 300 individuals, backpack/school giveaway benefitted 25 individuals, the secret santa party benefitted 40 individuals, the christmas gift delivery benefitted 73 individuals, vacation bible school benefitted 34 invidivuals, the cape may community food closet information event benefitted 6 individuals, the saint patrick's day event benefitted 18 individuals, the movie night at cape may stage benefitted 13 individuals, the first day of school event benefitted 50 individuals, last day of school benefitted 20 indiviuals star gazing event benefitted 20 individuals, the breakfast with santa benefitted 73 indivuals and the playground and pavillion were completed in 2024 which benefits the entire community.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 60.5%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 3.06; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 42.9% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 34.8% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.