Dare to Care Inc
Nonprofit profile at a glance
- EIN
- 853138972
- IRS 990-EZ coverage
- 2021–2022
- Forms available
- Form 990-EZ 2022
- Location
- Fountain, CO, USA
- Phone
- 7196440338
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $11,896
- Expenses
- $11,244
- Assets
- $652
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Elizabeth Eagle (President/CEO)
People named in this filing
- Elizabeth Eagle (President/CEO)
- Stephen Alexandar (Director of Public Relations)
- Shannon Laun (Website and Marketing Director)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Dare to Care Inc serves the homeless and those in need in El Paso county Colorado and surrounding areas. We provide food, clothing, water, tarps, handwarmers, blankets and other necessities. There are over 3,200 homeless in our county and only 700 shelter beds. Temperatures are life threateningly cold at night. We try to help people stay alive and fed. We help as much as we can with what we have to work with. We also help More Than a Meal, the Springs Rescue Mission and the Salvation Army homeless shelter in our area.
What it reported doing in 2022
During 2022 Dare to care distributed 61 coats, 170 hoodies, 266 hats, 381 pairs of gloves, 2,660 pairs of handwarmers, 174 scarfs, 132 rain ponchos, 60 pairs of jeans, 88 blankets, 339 pairs of socks, $12,695 worth of food and water, 55 pairs of shorts and 18 tarps. We serviced over 1,000 people in our area. We collected donations of food and clothing and distributed everything we got. We were given $4,870 in grants from Walmart and put that money to very good use. Our volunteers do not get paid. Only the president/ceo earns minimum wage and that is only for actual time spent collecting and/or distributing food/clothing and is reimbursed $.585 for milage.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 43
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.5%; rating input score 92
- Program expense ratio: 97.8%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 5.5%; rating input score 55; 55th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -44.2% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 197% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 92.5% of revenue deployed · 97.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2021 to 2022
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
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.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Review — Sustainability: Operating margin scored 55/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.