Caridad Center Inc
Nonprofit profile at a glance
- EIN
- 650149423
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Boynton Beach, FL, USA
- Phone
- 5617376336
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Ethnic, Immigrant Centers
Reported finances
- Revenue
- $8,764,125
- Expenses
- $7,858,862
- Assets
- $7,560,304
- Liabilities
- $470,824
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- Laura Kallus (CEO)
Highest reported compensation
- Laura Kallus (CEO): $172,242 total reported compensation
- Doris Maya (VP of Grants): $126,511 total reported compensation
- Jeffrey Chapman (CFO (Former)): $120,454 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Caridad Center's mission is to improve the health, education, and overall quality of life for underserved children and families in Palm Beach County. During fiscal year 2024/2025, more than 500 volunteer physicians, dentists, and other healthcare (continues on Schedule O) professionals provided services to uninsured and underinsured residents. The Organization continues to meet community needs through the commitment of its volunteers, the dedication and adaptability of its staff, and strong collaborations with local social service agencies and state and local government partners.
What it reported doing in 2024
During fiscal year 2024/2025, the Social Services and Behavioral Health Department provided 14,886 services to patients and community members. Core activities included individual, group, and family mental and behavioral health counseling; case management support; social service assistance; scholarships; and community special event programming.Services were delivered using a social determinants of health framework and addressed essential needs such as emergency housing, electricity, food assistance, and referrals to external community resources. These interventions helped reduce barriers related to health disparities and socioeconomic instability.Behavioral health programs expanded during the year, increasing access to counseling, therapy, and psychiatric services for patients seeking mental health support.The Department also continued targeted programming for women and youth. The Magnolias Women's Support Group and Youth Magnolias SocioEducational Group offered structured activities that promote personal development, empowerment, and community engagement.
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% 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. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.5%; rating input score 77
- Program expense ratio: 86.3%; rating input score 86
- Fundraising efficiency: $19.31 raised per $1 spent on fundraising; rating input score 58; 58th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 10.3%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 10.3%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 10.7% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 6.3% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 21st percentile among comparable filings
Details
- Where the money goes: 77.5% of revenue deployed · 86.3% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $6.8M in reported program spending
- Leadership: top reported pay $172K · 19 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $482K reported
- Consistency: 37 of 37 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 58/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 29/100.