Care Chest of Sierra Nevada

Nonprofit profile at a glance

EIN
943118373
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Reno, NV, USA
Phone
7758292273
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Health, General and Financing

Reported finances

Revenue
$4,105,198
Expenses
$4,087,078
Assets
$4,328,500
Liabilities
$1,764,785

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

Leadership & pay

17 people listed

Executive titles in this filing

  • ANDREA CANTLON (PRESIDENT)
  • JACQUIE CHEUN (VICE PRESIDENT)
  • ANNE MCNULTY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • ANNE MCNULTY (EXECUTIVE DIRECTOR): $116,014 total reported compensation

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

Overview

Mission

Care chest is a Nevada nonprofit agency serving individuals in need by providing medical resources, free of charge.

What it reported doing in 2024

Care chest of sierra Nevada is a 501(c)(3) nonprofit organization that provides free medical equipment, supplies, prescription assistance, independent living home modifications, liquid nutrition and other vital resources to nevadans in need. Since its inception 35 years ago, care chest has provided more than 250,000 unique client services to the community. The organization is a multi-service agency recognized throughout Nevada by area hospitals, low income clinics, and social service agencies as an essential medical resource for Nevada's underserved populations. The goal of care chest's programming is to empower individuals and families in need to live healthier, more independent and productive lives. Care chest's programs and services remove the barriers faced by lack of access to medical resources by distributing durable medical equipment, offering assistance with prescriptions, providing diabetic resources and supplies and helping those at greatest risk of institutionalization remain in their homes longer. Specialized modifications through the independent living and care loan programs prevent falls, decrease the occurrences of secondary complications, increase mobility and make it possible to families to better take care of their loved ones in their homes longer. When our clients are able to access vital medical resources, they are more likely to contribute to and participate in our community.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 87
  • Accountability: 95
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.8%; rating input score 96
  • Program expense ratio: 96.1%; rating input score 96
  • Fundraising efficiency: $319.9 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.4%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 1.06; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

  • Program expense growth: 20% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: 21% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 11.7% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 95.8% of revenue deployed · 96.1% of spending went to programs
  • Governance: 16 of 16 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.9M in reported program spending
  • Leadership: top reported pay $116K · 17 people listed
  • Highest-paid contractors: 4 contractors listed · $1.5M reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • 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 35/100.
  • Review — Accountability: Governance controls: Audit committee oversight not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.