Glen Cove CARES Inc

Nonprofit profile at a glance

EIN
113358875
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Jericho, NY, USA
Phone
5167590887
Rating
38
Verdict
REVIEW
Rating confidence
Moderate
Sector
Cancer

Reported finances

Revenue
$14,737
Expenses
$31,628
Assets
$156,238
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • Lorri Prince (President)

People named in this filing

  • Mauren Basdvavnos (Secretary)
  • Lois Cavallo (Board Member)
  • Jane Norman (Board Member)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Glen Cove C.A.R.E.S. was founded in recognition of a need and desire to provide assistance to residents of Glen Cove and other communities coping with the crisis of cancer, and to provide educational outreach to prevent its spread. It is a not-for-profit, non-sectarian, non-salaried corporation which seeks to provide access to counseling and early detection services to all residents in need. Glen Cove C.A.R.E.S., Inc. is separate and apart from any other cancer organization. It receives no governmental funds and depends on gifts, grants, and contributions from the public, including individuals, foundations and corporations. These funds are to be received through private donations and a variety of fund raising activities. The organization is dedicated to providing these services, not only by providing financial assistance, but also to act as a clearing house and referral center for the many volunteers in our community who wish to help in the fight against cancer.

What it reported doing in 2024

Patients in need program- Support to Cancer patients in the community assisting with funds for transportation and other expenses relating to cancer treatment

Operating model

Revenue model
Other-operating. 84% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

REVIEW - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -114.6%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 4.94; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.3% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 2% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.