Carequest Foundation Inc

Nonprofit profile at a glance

EIN
043265080
IRS 990-PF coverage
2010–2024
Forms available
Form 990-PF 2024
Location
Boston, MA, USA
Phone
6178861700
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
Human Service Organizations

Reported finances

Revenue
$11,141,935
Expenses
$14,531,224

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

Overview

Mission

Human Service Organizations

What it reported funding in 2024

The foundation reported 112 grants totaling $14,527,259. The stated grant purposes included the purpose of this grant is to support achieva's advocacy efforts to designate people with disabilities as a medically underserved population on a state-wide and national scale, which would increase access to primary, behavioral, and oral healthcare through federal funding opportunities., the purpose of this grant is to support able nh to champion better access to appropriate and inclusive oral healthcare services for individuals with disabilities and provides leadership to the new hampshire oral health care task force., and the purpose of this proposal is to continue support of alabama arise's work to advocate for expanded medicaid coverage including educational advocacy efforts around oral health, opportunities to advance teledentistry and medical-dental integration., plus 108 other reported purposes.

Operating model

Revenue model
Donor-supported. 90% 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

STRONG - A large share of available resources goes to charitable grants and a large share of spending goes to grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 100
  • Transparency: 100
  • Compliance: 92
  • Endowment Health: 1

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 97th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 100%; rating input score 100; 100th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 16 of 19 controls in place; rating input score 84
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • 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: Missing
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 1.45; rating input score 1; 1st 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: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 1th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 112 filed money-flow records
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 1/100.
  • Review — Compliance: Part VII-B activity disclosures: Grants to organizations not reported.