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Nonprofiteer
← CARITAS OF WACO

Form 990 for tax year 2023

Filed by CARITAS OF WACO.

Totals

Total revenue
$17,108,508
Total expenses
$16,664,955
Contributions and grants received
$16,298,640
Grants paid
$15,097,604
Program service revenue
$456,568
Investment income
$276,932
Other revenue
$76,368
Total assets, end of year
$6,789,109
Total liabilities, end of year
$110,540
Net assets or fund balances, end of year
$6,678,569
Program services expenses (Part IX)
$16,049,494
Management and general expenses
$548,023
Fundraising expenses
$67,438
Program service expenses (Part III)
$16,049,494

Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $205,800

  • 1f · All other contributions, gifts and grants

    $16,092,840

  • 1g · Noncash contributions included above

    $14,505,000

  • 2a · Program service revenue: SALES OF DONATED ITEMS

    total $297,741 · related or exempt $297,741

  • 2b · Program service revenue: SHARED MAINTENANCE FEES

    total $158,827 · related or exempt $158,827

  • 3 · Investment income

    total $55,947 · excluded $55,947

  • 7a · Gross sales of assets other than inventory

    other assets $368,470

  • 7b · Less cost or other basis and sales expenses

    securities $30,059 · other assets $117,426

  • 7c · Gain or loss

    securities -$30,059 · other assets $251,044

  • 7d · Net gain or loss

    total $220,985 · excluded $220,985

  • 8a · Fundraising events: gross income

    $84,210

  • 8b · Fundraising events: direct expenses

    $14,840

  • 8c · Net income from fundraising events

    total $69,370 · excluded $69,370

  • 11a · Other revenue: INSURANCE PROCEEDS

    total $4,847 · excluded $4,847

  • 11b · Other revenue: WAREHOUSE CARDBOARD RECYCLING

    total $2,151 · excluded $2,151

  • 11e · Other revenue, total

    $6,998

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $14,502,121 · program services $14,502,121

  • 2 · Grants to domestic individuals

    total $595,483 · program services $595,483

  • 5 · Compensation of officers, directors and key employees

    total $75,244 · management and general $75,244

  • 7 · Other salaries and wages

    total $759,939 · program services $622,035 · management and general $98,110 · fundraising $39,794

  • 9 · Other employee benefits

    total $10,987 · program services $10,987

  • 10 · Payroll taxes

    total $65,232 · program services $50,823 · management and general $11,124 · fundraising $3,285

  • 11c · Fees: accounting

    total $30,939 · management and general $30,939

  • 11g · Fees: other

    total $48,065 · management and general $26,525 · fundraising $21,540

  • 12 · Advertising and promotion

    total $576 · management and general $576

  • 13 · Office expenses

    total $59,399 · program services $31,110 · management and general $25,527 · fundraising $2,762

  • 14 · Information technology

    total $8,144 · management and general $8,144

  • 16 · Occupancy

    total $198,630 · program services $136,670 · management and general $61,960

  • 17 · Travel

    total $40,336 · program services $40,140 · management and general $196

  • 19 · Conferences, conventions and meetings

    total $441 · program services $7 · management and general $404 · fundraising $30

  • 22 · Depreciation, depletion and amortization

    total $114,787 · program services $59,993 · management and general $54,794

  • 23 · Insurance

    total $63,800 · management and general $63,773 · fundraising $27

  • 24a · Other expenses: TRANSFERS TO OTHER FOOD

    total $84,800 · management and general $84,800

  • 24b · Other expenses: MISCELLANEOUS

    total $6,032 · program services $125 · management and general $5,907

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $315,847 · end of year $316,348

  • 2 · Savings and temporary cash investments

    beginning of year $1,182,146 · end of year $1,882,800

  • 3 · Pledges and grants receivable

    beginning of year $24,759 · end of year $34,547

  • 8 · Inventories for sale or use

    beginning of year $606,690 · end of year $600,331

  • 9 · Prepaid expenses and deferred charges

    end of year $135

  • 10a · Land, buildings and equipment: cost or other basis

    $3,245,952

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,742,909

  • 10c · Land, buildings and equipment, net

    beginning of year $1,669,952 · end of year $1,503,043

  • 11 · Investments: publicly traded securities

    beginning of year $605,306 · end of year $657,317

  • 15 · Other assets

    beginning of year $1,570,598 · end of year $1,794,588

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,409 · end of year $8,654

  • 19 · Deferred revenue

    beginning of year $25,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $101,886

  • 27 · Net assets without donor restrictions

    beginning of year $5,764,744 · end of year $6,484,716

  • 28 · Net assets with donor restrictions

    beginning of year $174,145 · end of year $193,853

Mission and programs · 2023

Mission

TO PROVIDE URGENT SUPPORT TO PEOPLE IN NEED IN OUR COMMUNITY.

  • HOUSEHOLD PRODUCTS DISTRIBUTION:CARITAS HAS AN ESTABLISHED PARTNERSHIP WITH THE WAL-MART RETURN CENTER IN WACO. THROUGH THIS ARRANGEMENT, CARITAS RECEIVES ITEMS RETURNED TO WAL-MART (ITEMS WHICH SUPPLIERS DID NOT WISH TO RECEIVE BACK) AND DISTRIBUTES THEM TO OTHER CHARITIES AND NON-PROFIT SOCIAL SERVICE ORGANIZATIONS. SUCH ITEMS CONSIST MOSTLY OF PAPER PRODUCTS SUCH AS TOILET PAPER, PAPER TOWELS, AND DIAPERS, AND OTHER HOUSEHOLD PRODUCTS. CARITAS CURRENTLY DISTRIBUTES THESE PRODUCTS TO OVER 200 CHARITABLE ORGANIZATIONS. HUNDREDS OF THOUSANDS OF PEOPLE IN NEED HAVE BENEFITED FROM THIS PROGRAM.

    Expenses $14,761,031 · Grants $14,510,106 · Revenue $158,827

  • EMERGENCY ASSISTANCE:CARITAS PROVIDES ASSISTANCE WITH FOOD, CLOTHING AND HOUSEHOLD ITEMS, PRESCRIPTION MEDICATIONS, UTILITIES, RENT AND MORTGAGE ASSISTANCE, TRANSPORTATION, AND LODGING ON AN EMERGENCY BASIS TO PEOPLE IN NEED. THE LARGEST AMOUNT OF SUCH ASSISTANCE IS FOR FOOD WITH CARITAS AIDING AN AVERAGE OF 2200 FAMILIES A MONTH WITH THIS SERVICE.

    Expenses $540,625 · Grants $411,846

  • THRIFT STORES:CARITAS OPERATES TWO RESALE STORES IN THE WACO AREA. THESE STORES PROVIDE CLOTHING AND OTHER ITEMS FREE OF CHARGE UPON REFERRAL FROM CARITAS INTERVIEWERS AND VERY REASONABLY PRICED, QUALITY CLOTHING AND OTHER HOUSEHOLD ITEMS TO PERSONS WHO OTHERWISE WOULD NOT HAVE ACCESS TO THESE ARTICLES BECAUSE OF THEIR ECONOMIC STATUS. THE STORES ALSO OFFER EMPLOYMENT FOR INDIVIDUALS DESIROUS OF WORKING IN A SERVICE ORIENTED, NON-PROFIT SETTING. THE STORES SELL DONATED MERCHANDISE ONLY. ONE OF THE RESALE STORES CLOSED IN SEPTEMBER OF 2023 AND THE BUILDING WAS SOLD IN DECEMBER.

    Expenses $324,982 · Revenue $297,741

  • SNAP OUTREACH AND CASE MANAGEMENT PROGRAMS

    Expenses $422,856 · Grants $175,652

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ANGELA RAGAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • MARK FIRMIN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • GLORIA DANCER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • HECTOR SABIDO

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • CINDY WOOD

    IMMED. PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • JAMES BEARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LUIS GUEVARA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHARLIE HAYS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JUDGE RYAN LUNA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHYNEKA MONTGOMERY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NICOLE REYNOLDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOVASTER WITCHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CORY HART

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUSAN KRAUSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ISABEL LOZANO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANN OWEN

    EXECUTIVE DIRECTOR

    Total calculated
    $75,284
    From this org
    $75,244
    From related orgs
    $0
    Other
    $40
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202403179349304910

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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