GOLD2023

Oak City Cares Inc

Providing a path toward safe and stable housing.

aka 83-0826329   |   Raleigh, NC   |  http://oakcitycares.org
GuideStar Charity Check

Oak City Cares Inc

EIN: 83-0826329


Mission

Oak City Cares is a public-private partnership that exists to support the self-determination of our neighbors experiencing homelessness through trusting relationships and connections to coordinated services that increase their ability to be safely and stably housed.

Ruling year info

2019

Executive Director

Mrs. Kathryn V. Johnson

Main address

1430 S. Wilmington St.

Raleigh, NC 27603 USA

Show more contact info

Formerly known as

Oak City Outreach Center

EIN

83-0826329

Subject area info

Basic and emergency aid

Shelter and residential care

Homeless services

Population served info

Homeless people

NTEE code info

Homeless Services/Centers (P85)

Emergency Assistance (Food, Clothing, Cash) (P60)

Housing Search Assistance (L30)

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

Communication

Affiliations

See related organizations info

What we aim to solve

SOURCE: Self-reported by organization

Oak City Cares is working to reduce homelessness and food insecurity in Wake County.

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?

Coordinated Care

Oak City Cares addresses homelessness through centralized, comprehensive service coordination for people either entering homelessness for the first time and for those who are experiencing chronic homelessness. Key services address housing, employment, and health for the most vulnerable of our Wake County neighbors who struggle to navigate the multitude of services available. This new model brings services together, in a convenient downtown Raleigh location, to create a path for individuals and families to stable housing and renewed hope.

Population(s) Served
Homeless people

Where we work

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

1) To make homelessness rare, brief, and nonrecurring and
2) To eliminate food insecurity.

Making Homelessness Rare
• Reduce the number of individuals and families in our community that become homeless and enter the shelter/homeless services system through:
o Prevention – coordinate with on-site prevention partners to provide rent, utilities, or other necessary funds,
with wrap-around case management and housing stabilization support, to help those with eviction or cutoff
notices remain in their current homes.
o Diversion – Exploring all existing possible options for an individual or family that, with some assistance,
could help them remain where they currently are, rather than entering shelter.

Making Homelessness Brief:
• Reduce the length of time individuals and families are homeless, if they have no other option but to enter the shelter/homeless services system.
• Reduce the length of time between becoming homeless and getting connected to the services they need to secure housing.

Making Homelessness Non-Recurring
• Reduce the number of individuals and families who re-enter the shelter/homeless services system after securing housing.
o Provide and coordinate with Rapid Re-Housing and Permanent Supportive Housing providers, the ongoing case management support necessary to stabilize individuals and families in housing and keep them in housing.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

Oak City Cares Inc
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 Oak City Cares 6-30-21 FS 2020 Fiscal Year 2019-2020 Audited Financial Statements
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

28.70

Average of 12.50 over 5 years

Months of cash in 2023 info

SOURCE: IRS Form 990

15.1

Average of 16.8 over 5 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

22%

Average of 13% over 5 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Oak City Cares Inc

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Oak City Cares Inc

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

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: cloud_download Download Data

Oak City Cares Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Oak City Cares Inc’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

Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $503,402 $831,048 $307,463 $425,315 $65,499
As % of expenses 88.0% 119.2% 30.6% 39.8% 4.8%
Unrestricted surplus (deficit) after depreciation $494,730 $792,432 $265,950 $388,118 $22,250
As % of expenses 85.2% 107.7% 25.4% 35.1% 1.6%
Revenue composition info
Total revenue (unrestricted & restricted) $1,844,299 $1,127,737 $1,057,800 $1,564,048 $1,314,693
Total revenue, % change over prior year 0.0% -38.9% -6.2% 47.9% -15.9%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.0% 0.0% 0.0% 0.5%
Government grants 1.8% 21.0% 36.4% 28.2% 38.1%
All other grants and contributions 98.5% 79.0% 63.6% 72.0% 61.4%
Other revenue -0.3% 0.0% 0.0% -0.2% 0.0%
Expense composition info
Total expenses before depreciation $571,747 $697,434 $1,005,401 $1,067,581 $1,376,452
Total expenses, % change over prior year 0.0% 22.0% 44.2% 6.2% 28.9%
Personnel 0.0% 0.0% 32.8% 68.6% 64.5%
Professional fees 34.1% 9.9% 9.7% 9.5% 6.9%
Occupancy 0.5% 0.6% 1.2% 1.4% 1.2%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 7.4% 18.2%
All other expenses 65.4% 89.5% 56.3% 13.2% 9.2%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $580,419 $736,050 $1,046,914 $1,104,778 $1,419,701
One month of savings $47,646 $58,120 $83,783 $88,965 $114,704
Debt principal payment $0 $0 $0 $116,430 $0
Fixed asset additions $240,303 $0 $0 $107,653 $0
Total full costs (estimated) $868,368 $794,170 $1,130,697 $1,417,826 $1,534,405

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 11.4 19.8 17.9 19.8 15.1
Months of cash and investments 11.4 19.8 17.9 19.8 15.1
Months of estimated liquid unrestricted net assets 5.5 18.8 16.7 19.3 15.5
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $541,749 $1,151,226 $1,503,265 $1,764,479 $1,731,217
Investments $0 $0 $0 $0 $0
Receivables $819,884 $478,594 $166,062 $236,741 $146,981
Gross land, buildings, equipment (LBE) $240,303 $243,201 $243,201 $348,192 $347,517
Accumulated depreciation (as a % of LBE) 3.6% 19.4% 36.5% 35.4% 47.9%
Liabilities (as a % of assets) 26.2% 9.6% 8.7% 4.8% 2.9%
Unrestricted net assets $494,730 $1,287,162 $1,553,112 $1,941,230 $1,963,480
Temporarily restricted net assets $769,150 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $769,150 $368,405 $113,341 $184,493 $57,235
Total net assets $1,263,880 $1,655,567 $1,666,453 $2,125,723 $2,020,715

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

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

Documents
Form 1023/1024 is not available for this organization

Executive Director

Mrs. Kathryn V. Johnson

For over 20 years, Kathy Johnson has worked to advocate on behalf of people who are marginalized and often misunderstood. She had a distinguished career at InterAct in Raleigh, where she served in multiple roles, including two stints as the Interim Executive Director, Associate Executive Director for Resource Development, and Associate Executive Director for Programs and Services. Most recently, she served as Executive Director for Pendleton Place in Greenville, SC. In her experience at both InterAct and Pendleton Place, Kathy was involved with building and maintaining multi-service, multi-agency collaborative partnerships which has been invaluable to the success of Oak City Cares.

Number of employees

Source: IRS Form 990

Oak City Cares Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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.

Oak City Cares Inc

Board of directors
as of 10/31/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Rick Miller-Haraway

Retired

Term: 2021 - 2023

Organizational demographics

SOURCE: Self-reported; last updated 2/1/2021

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
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser