CARENET-RHODE ISLAND

aka Harmony Women's Care Center | Providence, RI | www.carenetri.com

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GuideStar Charity Check

EIN: 05-0439164

Contributions tax deductible
as of May 2023

IRS BMF 509(a)(1)
as of May 08, 2023

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Charity Check report

Mission

Our mission is to provide women facing unplanned pregnancies the support, education, and services they need to make healthy choices for themselves and their families.

Notes from the nonprofit

The mission of CareNet-RI is to provide underserved women in our community with free early pregnancy care, referrals, and education so they can make healthy choices for themselves and their families.

Ruling year info

1992

Executive director

Rachel Nguyen

Main address

35 Greenwich St.

Providence, RI 02907 USA

Show more contact info

Formerly known as

South County Crisis Pregnancy Center

EIN

05-0439164

Subject area info

Reproductive health care

Population served info

Women and girls

Pregnant people

NTEE code info

Pregnancy Centers (P47)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Free Pregnancy Evaluation and Options information

We offer free pregnancy testing, ultrasounds, STI (STD) testing and treatment, options counseling, and information on parenting, adoption, and abortion. We also offer post abortion support. Our services are free and confidential.

Population(s) Served

Women and girls

Where we work

External reviews

Financials

CARENET-RHODE ISLAND

Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

44.41

Average of 29.17 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

22.1

Average of 5.6 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

9%

Average of 10% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

CARENET-RHODE ISLAND

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$186,508
Government Grants	$0
Program Services	$0
Investments	$32
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$186,540

Expenses
Program Services	$124,431
Administration	$39,943
Fundraising	$32,494
Total Expenses	$196,868
Net Gain/Loss	($10,328)

Functional expenses
Accounting Fees	$5,400
Advertising & Promotion	$3,876
Information Technology Expenses	$0
Insurance Expenses	$2,692
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$222,199
Government Grants	$0
Program Services	$0
Investments	$7
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$222,206

Expenses
Program Services	$147,805
Administration	$50,370
Fundraising	$34,655
Total Expenses	$232,830
Net Gain/Loss	($10,624)

Functional expenses
Accounting Fees	$3,490
Advertising & Promotion	$7,098
Information Technology Expenses	$0
Insurance Expenses	$3,099
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$234,590
Government Grants	$0
Program Services	$0
Investments	$5
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$234,595

Expenses
Program Services	$187,452
Administration	$52,845
Fundraising	$36,428
Total Expenses	$276,725
Net Gain/Loss	($42,130)

Functional expenses
Accounting Fees	$2,720
Advertising & Promotion	$9,515
Information Technology Expenses	$0
Insurance Expenses	$2,838
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$290,754
Government Grants	$0
Program Services	$0
Investments	$3
Special Events	$0
Sales	$0
Other	$117,797
Total Revenue	$408,554

Expenses
Program Services	$188,839
Administration	$57,480
Fundraising	$22,647
Total Expenses	$268,966
Net Gain/Loss	$139,588

Functional expenses
Accounting Fees	$3,675
Advertising & Promotion	$11,174
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$223,020
Government Grants	$0
Program Services	$0
Investments	$8
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$223,028

Expenses
Program Services	$109,849
Administration	$97,409
Fundraising	$52,968
Total Expenses	$260,226
Net Gain/Loss	($37,198)

Functional expenses
Accounting Fees	$1,038
Advertising & Promotion	$6,075
Information Technology Expenses	$14,064
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$86,954
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$86,954

Expenses
Program Services	$102,468
Administration	$28,861
Fundraising	$22,973
Total Expenses	$154,302
Net Gain/Loss	($67,348)

Functional expenses
Accounting Fees	$425
Advertising & Promotion	$4,061
Information Technology Expenses	$0
Insurance Expenses	$948
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$6,682

Revenue
Contributions	$314,261
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$314,261

Expenses
Program Services	$192,336
Administration	$59,257
Fundraising	$60,091
Total Expenses	$311,684
Net Gain/Loss	$2,577

Functional expenses
Accounting Fees	$4,450
Advertising & Promotion	$7,089
Information Technology Expenses	$2,742
Insurance Expenses	$1,526
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$31,753

Revenue
Contributions	$292,194
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$292,194

Expenses
Program Services	$200,837
Administration	$59,365
Fundraising	$58,632
Total Expenses	$318,834
Net Gain/Loss	($26,640)

Functional expenses
Accounting Fees	$4,825
Advertising & Promotion	$2,876
Information Technology Expenses	$2,426
Insurance Expenses	$5,999
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$35,111

Revenue
Contributions	$316,254
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$316,254

Expenses
Program Services	$208,905
Administration	$50,823
Fundraising	$60,954
Total Expenses	$320,682
Net Gain/Loss	($4,428)

Functional expenses
Accounting Fees	$4,300
Advertising & Promotion	$11,844
Information Technology Expenses	$8,283
Insurance Expenses	$4,795
Interest Expenses	$957
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$28,225

Revenue
Contributions	$228,465
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$200,051
Sales	$0
Other	$179
Total Revenue	$428,695

Expenses
Program Services	$208,945
Administration	$29,804
Fundraising	$24,370
Total Expenses	$263,119
Net Gain/Loss	$165,576

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$19,742
Information Technology Expenses	$3,215
Insurance Expenses	$6,222
Interest Expenses	$864
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$243,012
Government Grants	$34,800
Program Services	$0
Investments	$0
Special Events	$271,854
Sales	$0
Other	$6
Total Revenue	$549,672

Expenses
Program Services	$244,316
Administration	$36,273
Fundraising	$24,581
Total Expenses	$305,170
Net Gain/Loss	$244,502

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$16,123
Information Technology Expenses	$0
Insurance Expenses	$7,715
Interest Expenses	$211
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$729,031
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$231,886
Sales	$0
Other	$0
Total Revenue	$960,917

Expenses
Program Services	$264,328
Administration	$79,743
Fundraising	$27,584
Total Expenses	$371,655
Net Gain/Loss	$589,262

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$155
Information Technology Expenses	$7,112
Insurance Expenses	$5,095
Interest Expenses	$112
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

CARENET-RHODE ISLAND

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$186,508
Cash & Equivalents	$36,987	$27,587	($9,400)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$22,218	$23,778	$1,560
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$9,150	$12,151	$3,001
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$34,301	$28,338	($5,963)
Other	$1,271	$425	($846)
Total Assets	$103,927	$92,279	($11,648)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$2,318	$2,375	$57
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$4,551	$3,174	($1,377)
Total Liabilities	$6,869	$5,549	($1,320)

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$3,592	$3,592	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$3,592	$3,592	$0
Unrestricted Net Assets	$93,466	$83,138	($10,328)
Net Assets	$97,058	$86,730	($10,328)

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$222,199
Cash & Equivalents	$42,761	$61,781	$19,020
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$24,262	$20	($24,242)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$7,508	$7,765	$257
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$16,711	$12,876	($3,835)
Other	$9,425	$7,751	($1,674)
Total Assets	$100,667	$90,193	($10,474)

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$3,849	$3,999	$150
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$3,849	$3,999	$150

Fund balance	Jan 01, 2011	Dec 31, 2011	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$96,818	$86,194	($10,624)
Net Assets	$96,818	$86,194	($10,624)

Assets	Jan 01, 2012	Dec 31, 2012	Change
Contributions	$234,590
Cash & Equivalents	$61,781	$31,070	($30,711)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$20	$22,526	$22,506
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$7,765	$7,317	($448)
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$12,876	$7,936	($4,940)
Other	$7,751	$7,654	($97)
Total Assets	$90,193	$76,503	($13,690)

Liabilities	Jan 01, 2012	Dec 31, 2012	Change
Accounts Payable	$3,999	$9,717	$5,718
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$3,999	$9,717	$5,718

Fund balance	Jan 01, 2012	Dec 31, 2012	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$86,194	$66,786	($19,408)
Net Assets	$86,194	$66,786	($19,408)

Assets	Jan 01, 2013	Dec 31, 2013	Change
Contributions	$290,754
Cash & Equivalents	$31,070	$166,480	$135,410
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$22,526	$25,180	$2,654
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$7,317	$9,043	$1,726
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$7,936	$7,946	$10
Other	$7,654	$3,654	($4,000)
Total Assets	$76,503	$212,303	$135,800

Liabilities	Jan 01, 2013	Dec 31, 2013	Change
Accounts Payable	$9,717	$5,929	($3,788)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$9,717	$5,929	($3,788)

Fund balance	Jan 01, 2013	Dec 31, 2013	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$66,786	$206,374	$139,588
Net Assets	$66,786	$206,374	$139,588

Assets	Jan 01, 2014	Dec 31, 2014	Change
Contributions	$223,020
Cash & Equivalents	$166,480	$120,296	($46,184)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$25,180	$38,180	$13,000
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$9,043	$5,679	($3,364)
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$7,946	$7,463	($483)
Other	$3,654	$2,000	($1,654)
Total Assets	$212,303	$173,618	($38,685)

Liabilities	Jan 01, 2014	Dec 31, 2014	Change
Accounts Payable	$5,929	$4,442	($1,487)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$5,929	$4,442	($1,487)

CARENET-RHODE ISLAND

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of CARENET-RHODE ISLAND’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jul 01 - Jun 30 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	-$44,670	$15,661	$147,919	$262,497	$609,393
As % of expenses	-14.6%	5.0%	58.0%	88.3%	172.6%
Unrestricted surplus (deficit) after depreciation	-$57,016	$5,806	$139,990	$254,502	$590,860
As % of expenses	-17.9%	1.8%	53.2%	83.4%	159.0%

Revenue composition
Total revenue (unrestricted & restricted)	$292,194	$316,254	$428,695	$549,672	$960,917
Total revenue, % change over prior year	-7.0%	8.2%	35.6%	28.2%	74.8%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	14.4%	21.3%	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%	6.3%	0.0%
All other grants and contributions	85.6%	78.7%	100.0%	93.7%	100.0%
Other revenue	0.0%	0.0%	0.0%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$306,488	$310,827	$255,190	$297,175	$353,122
Total expenses, % change over prior year	3.9%	1.4%	-17.9%	16.5%	18.8%
Personnel	55.4%	55.8%	57.8%	61.0%	58.8%
Professional fees	13.0%	10.5%	4.9%	3.6%	3.7%
Occupancy	1.0%	1.6%	13.5%	11.9%	15.9%
Interest	0.0%	0.3%	0.3%	0.1%	0.0%
Pass-through	9.3%	11.2%	0.0%	0.0%	0.0%
All other expenses	21.3%	20.6%	23.4%	23.4%	21.6%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$318,834	$320,682	$263,119	$305,170	$371,655
One month of savings	$25,541	$25,902	$21,266	$24,765	$29,427
Debt principal payment	$0	$0	$0	$34,800	$0
Fixed asset additions	$0	$22,891	$0	$283,345	$114,460
Total full costs (estimated)	$344,375	$369,475	$284,385	$648,080	$515,542

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	0.9	0.9	7.7	5.8	22.1
Months of cash and investments	0.9	0.9	7.7	5.8	22.1
Months of estimated liquid unrestricted net assets	1.1	0.8	8.0	6.0	21.9

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$22,981	$22,755	$164,398	$142,659	$648,994
Investments	$0	$0	$0	$0	$0
Receivables	$11,452	$8,365	$47,044	$0	$0
Gross land, buildings, equipment (LBE)	$68,060	$39,825	$77,753	$361,098	$463,749
Accumulated depreciation (as a % of LBE)	60.6%	0.0%	58.7%	14.9%	13.0%
Liabilities (as a % of assets)	17.1%	20.0%	14.2%	0.2%	1.4%
Unrestricted net assets	$55,875	$61,681	$201,671	$456,173	$1,047,033
Temporarily restricted net assets	$0	$0	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$0	$0	$10,000	$0	$0
Total net assets	$55,875	$61,681	$211,671	$456,173	$1,047,033

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Executive director

Rachel Nguyen

Number of employees

Source: IRS Form 990

CARENET-RHODE ISLAND

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

CARENET-RHODE ISLAND

Board of directors
as of 05/17/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Melinda Penney

Lindon Group

Term: 2020 - 2022

Board co-chair

Jim Nooney

Nooney Controls Corp.

Term: 2020 - 2022

Trish Harrington

Shamrock Home Loans

Scott Asadorian

URI

Rich Meringolo

TCF Bank

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? No
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 2/21/2021

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

CARENET-RHODE ISLAND

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Free Pregnancy Evaluation and Options information

Where we work

Financials

Revenue vs. expenses: breakdown

Liquidity in 2022 info

44.41

Months of cash in 2022 info

22.1

Fringe rate in 2022 info

9%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

CARENET-RHODE ISLAND

CARENET-RHODE ISLAND

CARENET-RHODE ISLAND

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive director

Rachel Nguyen

Number of employees

CARENET-RHODE ISLAND

Compensation data

CARENET-RHODE ISLAND

Board of directors data

Melinda Penney

Jim Nooney

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities