Carenet Cares
Nonprofit profile at a glance
- EIN
- 853126432
- IRS 990-PF coverage
- 2020–2025
- Forms available
- Form 990-PF 2025
- Location
- San Antonio, TX, USA
- Phone
- 2105952000
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Private Operating Foundations
Reported finances
- Revenue
- $197,736
- Expenses
- $196,362
Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.
Overview
Mission
Private Operating Foundations
What it reported funding in 2025
The foundation reported 61 grants totaling $96,333. The stated grant purposes included assist financially and financial assistance.
Operating model
- Revenue model
- Donor-supported. 100% of the foundation's positive operating resources came from contributions.
- Distribution model
- Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
The verdict
MIXED - The filing identifies who received its grants and a large share of spending goes to grants. Assets provide a limited cushion relative to annual grants and some filed totals do not add up.
Rating breakdown
- Grant Deployment: NotEnoughData
- Cost Efficiency: 98
- Transparency: 100
- Compliance: 71
- Endowment Health: 3
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 98.1%; rating input score 98; 91st percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 10 of 19 controls in place; rating input score 53
- Property sale or exchange with a disqualified person: Missing
- Borrowing from or lending to a disqualified person: Missing
- Goods, services, or facilities involving a disqualified person: Missing
- Compensation paid to a disqualified person: Missing
- Assets transferred to a disqualified person: Missing
- Payment to a government official: Missing
- Uncorrected prior self-dealing: Missing
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Missing
- Premiums paid on a personal-benefit contract: Missing
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 8; rating input score 89
Endowment Health
- Endowment-health comparison: 0.64; rating input score 3; 3rd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: Filed payout detail
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 61 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Endowment Health: Endowment-health comparison scored 3/100.
- Moderate — Transparency & Controls: Balance sheet boy total did not reconcile in the filed values.