Caritas Center Qalicb
Nonprofit profile at a glance
- EIN
- 854085935
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Santa Rosa, CA, USA
- Phone
- 7075288712
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeless Centers
- Affiliation
- Christianity
Reported finances
- Revenue
- $356,977
- Expenses
- $1,996,258
- Assets
- $42,238,328
- Liabilities
- $38,440,528
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RICK ABBOTT (PRESIDENT)
- LEN MARABELLA (VICE PRESIDENT)
People named in this filing
- RICK ABBOTT (PRESIDENT)
- LEN MARABELLA (VICE PRESIDENT)
- JOAN MAXWELL (TREASURER)
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
Catholic charities creates access to opportunities for self-sufficiency by providing innovative and compassionate services to people of all backgrounds, beliefs and cultures.
What it reported doing in 2024
Caritas center qalicb ("caritas") is a not-for-profit organization formed for the purposes of obtaining funding through the new markets tax credit (nmtc) program, a program of the community development financial institutions fund (a division of the department of treasury), and maintains all operations of caritas center and caritas homes (programs of catholic charities of the diocese of santa rosa dba catholic charities of northwest California).caritas center's 48,000 square feet, 3-story building, includes a family shelter, head start school, housing case management, a drop-in dignity center, and a recuperation shelter, as well as a new health clinic partnership with santa rosa community health. The primary objective of caritas center is to provide a bridge from homelessness to housing through fully integrated service.caritas homes will consist of 128 permanent, affordable housing apartments. Caritas homes 1 (phase one) was funded, built, and managed by the organization's nonprofit affordable housing development partner, burbank housing development corporation. Construction of caritas homes 1 (64 units) began in fiscal year 2023 and opened in july 2024. A portion of the apartments are set aside for formerly homeless seniors, veterans, and other vulnerable individuals, with the remaining units designated for low-income families and singles who work but are unable to afford market rents.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- 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 revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 37
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -459.2%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 21.16; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.91; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 55.6% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: -81.9% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -4.4% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 6 of 6 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 4 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- 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 — Sustainability: Operating margin scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.