Carenet of the Triad Inc
Nonprofit profile at a glance
- EIN
- 010794945
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990-EZ 2025
- Location
- Winston Salem, NC, USA
- Phone
- 3367160854
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Family Counseling
Reported finances
- Revenue
- $29,999
- Expenses
- $49,961
- Assets
- $28,488
- Liabilities
- $704
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- MICHELLE SHANKS (PRESIDENT)
People named in this filing
- MARY ANNE HELM (REGIONAL MAN)
- MICHELLE GROSS (BOARD MEMBER)
- GENEVRA KELLY (BOARD MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Offer counseling, education and training services.
What it reported doing in 2025
Provide counseling, education, professional training and consultation to individuals. Serving residents in forsyth county and surrounding areas.
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 78%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -66.5%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -7.8% per year; rating input score 0; 31st percentile among comparable filings
- Revenue growth: -5.7% per year; rating input score 0; 32nd percentile among comparable filings
- Asset growth: -1.2% per year; rating input score 0; 33rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 78% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $39K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2012 to 2025
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.