Carolyns Wishes
Nonprofit profile at a glance
- EIN
- 472592754
- IRS 990-EZ coverage
- 2014–2018
- Forms available
- Form 990 2016, Form 990-EZ 2018
- Location
- Cerritos, CA, USA
- Phone
- 5622874453
- Rating confidence
- Limited
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $0
- Expenses
- $71,091
- Assets
- $69,956
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JINA A NAM (Vice President)
- MICHAEL ANTHONY ALDAPA (President)
People named in this filing
- JINA A NAM (Vice President)
- TINA VOSKANIAN (Treasurer)
- ASHLEY SHAGINIAN (Secretary)
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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Carolyn's Wishes provides emergency assistance, short-term no-interest loans, information, and referrals to community resources to working families. We provide stability to help families cope with financial emergencies.
What it reported doing in 2018
Carolyn's Wishes made a grant to Nick of Time Project Inc to help them implement their vision of helping those in need.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 93.9%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0.98; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -11.4% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 86th percentile among comparable filings
Details
- Where the money goes: 93.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2014 to 2018
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.