CareSource Mission

Nonprofit profile at a glance

EIN
884314313
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Columbus, OH, USA
Phone
6142554637
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$2,960,591
Expenses
$2,490,892
Assets
$524,701
Liabilities
$8,500

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Patrick Stephan (President & Treasurer)

People named in this filing

  • Chris Kershner (Director)
  • Daniel McCabe (Director)
  • Richard Topping (Chair/Director (To 8/15))

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

See Schedule OThe organization's mission is 1) educating the public and federal, state and local government policymakers regarding the benefits of Managed Care, the coordination and enhancement of quality and accessible health care services and social determinants on health, principally benefiting low-income individuals and individuals eligible for participation under governmental health care programs; and 2) advocating for policies, legislation, regulations and government programs that promote health and improvements through Managed Care, the coordination and enhancement of quality and accessible health care services and social determinants of health, benefiting low-income individuals and individuals eligible for participation under governmental health care programs.

What it reported doing in 2024

CareSource Mission exists to strengthen and support individuals receiving publicly funded healthcare in all aspects of life. This includes advocacy around items such as provider and benefit access, the importance of care management, education, employment, and nutrition. Taken together, they all have an impact in the government funded healthcare space in areas such as low birthweight deliveries, infant mortality, medication utilization and adherence, and emergency department utilization. (Continued on Sch. O)A broader aim of CareSource Mission is to promote and advocate on behalf of the Medicaid managed care system so that it can best and sustainably serve the members who rely on its important and effective services. To accomplish these goals, CareSource Mission develops outreach and education strategies specific to the needs and issues of the states it serves. CareSource Mission will lobby state and local elected officials on Medicaid and related coverage issues and will serve as subject matter experts to policymakers on evidence-based ways to address healthcare access, cost, and outcomes. Over the past couple of years, CareSource Mission has had several meaningful accomplishments including: defending the industry against gold-carding and prior authorization legislation which will inherently increase costs to members and taxpayers, helped drive efforts in multiple states to make sure members are receiving their care through one insurer and expand the availability of Care Management to individuals enrolled in Medicaid. Most recent efforts have centered around ensuring an adequate glidepath on federal Medicaid changes.

Operating model

Revenue model
Donor-supported. 100% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 92
  • Accountability: 70
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.1%; rating input score 84
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 15.9%; rating input score 72; 72nd percentile among comparable filings
  • Total-asset coverage ratio: 0.21; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 82; 82nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

  • Program expense growth: 84.8% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 90.2% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 106.5% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 84.1% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $2.5M in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Highest-paid contractors: 5 contractors listed · $766K reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

Key Signals

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

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.