I Care Outreach Inc
Nonprofit profile at a glance
- EIN
- 264729433
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Bridgeport, CT, USA
- Phone
- 2033745604
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
Reported finances
- Revenue
- $116,366
- Expenses
- $90,897
- Assets
- $51,382
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- ROBERT M TURNER (PRESIDENT)
People named in this filing
- ROBERT M TURNER (PRESIDENT)
- JESSIE M TURNER (VICE PRESIDE)
- KELVIN L SMITH (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
I care outreach, inc. Was founded in 2004 to identify and address the urgent needs of low-income, disadvantaged and at risk individuals and families within the brigeport, Connecticut area and surrounding local communities. The organization's mission is to help this population become self-sufficient and self supporting; while enhancing their quality of life and standard of living. Located 60 miles from manhattan and just 40 miles from the bronx, modern bridgeport is considered part of the New York metropolitan area. It is home to almost 152,000 people, making it the largest and most densely populated city in Connecticut. It is also the poorest city in the state and one of the poorest cities in the nation, despite being located in one of the wealthiest countiesfairfield. Bridgeport Connecticut has faced numerous economic challenges, including high income inequality, a history of deindustrialization, high poverty rates, and unemployment, despite being in a wealthy region. These issues are
What it reported doing in 2024
Adult practical life skills education & training in the greater bridgeport area for the growing number of adults and families who earn less than the basic costs of living, equipping participants with tools and spiritual support to assist with their goal toward poverty alleviation. Approximately twenty individuals graduated in 2024 with certificates for completing our 2024 training classes. A variety of training classes and workshops were offered including but not limited to the following: a) job readiness training b) coaching/community relationships c) money management tools d) supportive referrals e) trauma-informed mind & soul care workship
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up. 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: 51
- Transparency & Controls: 100
- Sustainability: 49
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.8%; rating input score 46
- Program expense ratio: 58.7%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 21.9%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 33.3%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 45.8% of revenue deployed · 58.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $53K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Officer compensation ratio scored 10/100.