Why Not Care Inc
Nonprofit profile at a glance
- EIN
- 813043817
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- New York, NY, USA
- Phone
- 9176861317
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $27,272
- Expenses
- $22,984
- Assets
- $4,346
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MARTIN MEDINA (PRESIDENT)
- PEDRO GENAO (VICE PRESIDENT)
People named in this filing
- MARTIN MEDINA (PRESIDENT)
- PEDRO GENAO (VICE PRESIDENT)
- ALEX WRIGHT (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
Why not care's mission is to assist marginalized families to gain access to resources leading to the elimination of homelessness with partnering agencies, attain educational services and rebuild through the engagement of community empowerment. Using a social justice lens, why not care seeks to cultivate a world where all families learn and prosper via equity and access, and empowerment.
What it reported doing in 2024
Create access to resources to the homeless and underserved at risk communities and families by creating opportunity through programming and events to further mobilize surrounding orgs, businesses and small groups to help foster the mission.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 52
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.2%; rating input score 83
- Program expense ratio: 98.8%; rating input score 99
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: 15.7%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 16; 16th 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: 24.3% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: 17.7% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: -1.1% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: 83.2% of revenue deployed · 98.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $23K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Total-asset coverage ratio scored 16/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.