Care and Share Inc
Nonprofit profile at a glance
- EIN
- 840731930
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Colorado Springs, CO, USA
- Phone
- 7195281247
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $65,663,902
- Expenses
- $65,556,743
- Assets
- $22,294,249
- Liabilities
- $3,082,090
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- Nathan Springer (President & CEO)
Highest reported compensation
- Nathan Springer (President & CEO): $204,624 total reported compensation
- Joan Selman (Chief Philanthropy Officer): $131,557 total reported compensation
- Cynthia DeBoer (CFO (To 04/2025)): $131,064 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
TO EXPOSE THE EXISTENCE OF HUNGER, ALLEVIATE ITS PAIN AND IMPROVE THE NUTRITION OF PEOPLE IN NEED THROUGHOUT SOUTHERN COLORADO. In coalition with diverse organizations, we provide hunger relief and work to address the root causes of hunger through advocacy and education.
What it reported doing in 2024
To expose the existence of hunger, alleviate its pain and improve the nutrition of people in need throughout southern Colorado. To provide sufficient emergency and supplemental food for low-income earners and special needs populations including children and seniors. To maintain and improve the nutritional quality of food available to people in need. To develop long-term food security among people in need through targeted outreach and education. To create community awareness of hunger, its causes and solutions.
Operating model
- Revenue model
- Donor-supported. 68% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 85
- Accountability: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.5%; rating input score 97
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: $43.28 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.2%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 0.7%; rating input score 80; 80th percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: 96.5% of revenue deployed · 96.7% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $63.4M in reported program spending
- Leadership: top reported pay $205K · 22 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $888K reported
- Consistency: 39 of 39 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.