Care Net Pregnancy & Family Services of Puget Sound

The information on this page was last updated 4/6/2023. If you see errors or omissions, please email: [email protected]


Summary

You deserve a comfortable and confidential place to explore all your pregnancy options without judgment. We are a non-profit clinic staffed with professionals focused on empowering you to navigate your decision with clarity and control.


Contact information

Mailing address:
Care Net Pregnancy & Family Services
1924 S Cedar St
Suite B
Tacoma, WA 98405

Website: carenetps.org

Phone: 253-383-6033

Email: [email protected]


Organization details

EIN: 911226978

CEO/President: Ben Edwards

Chairman: Ben Hull

Board size: 5

Founder:

Ruling year: 1983

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2015


Purpose

Care Net offers hope by providing compassionate practical care, accurate information, Biblical Truth, and life-affirming resources for pregnancy, sexual health & integrity, and abortion recovery.


Mission statement


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating350 of 107745 of 142
Fund acquisition rating287 of 107833 of 142
Resource allocation rating142 of 107831 of 142
Asset utilization rating889 of 1077115 of 142

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%3%5%5%3%6%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
4%3%5%5%3%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%105%100%100%100%93%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%5%5%6%3%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%-5%0%0%0%7%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%91%88%88%89%81%
Spending ratio Spending ratio =
Total expenses /
Total revenue
87%67%93%93%88%82%
Program output ratio Program output ratio =
Program services /
Total revenue
69%61%82%82%78%66%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
13%33%7%7%12%18%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
18%28%6%7%12%20%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%4%7%6%8%12%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.870.490.850.870.860.86
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.602.112.232.662.864.22
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.641.041.892.332.483.62
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.1868.1850.9724.8042.610.00
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.020.040.020.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.7511.426.224.954.733.32
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%14%1%2%2%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%1%5%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
89%176%117%112%113%111%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$1,600,965$911,956$606,072$543,010$283,618
Receivables, inventories, prepaids$134,189$119,503$213,066$165,931$151,810
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$1,735,154$1,031,459$819,138$708,941$435,428
Long-term investments$0$0$0$0$0
Fixed assets$1,921,645$1,263,880$1,358,362$1,320,049$1,245,452
Other long-term assets$0$0$0$0$158,057
Total long-term assets$1,921,645$1,263,880$1,358,362$1,320,049$1,403,509
Total assets$3,656,799$2,295,339$2,177,500$2,028,990$1,838,937
 
Liabilities20202019201820172016
Payables and accrued expenses$25,449$20,238$33,030$16,638$0
Other current liabilities$0$0$0$0$0
Total current liabilities$25,449$20,238$33,030$16,638$0
Debt$0$0$6,793$15,850$84,631
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$475,212$0$0$9,057$3,850
Total long-term liabilities$475,212$0$6,793$24,907$88,481
Total liabilities$500,661$20,238$39,823$41,545$88,481
 
Net assets20202019201820172016
Without donor restrictions$2,639,408$2,023,040$1,959,086$1,815,039$1,750,456
With donor restrictions$516,730$252,061$178,591$172,406$0
Net assets$3,156,138$2,275,101$2,137,677$1,987,445$1,750,456
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$2,812,395$2,082,680$2,052,753$1,990,233$1,792,519
Program service revenue$0$0$0$0$625
Membership dues$0$0$0$0$0
Investment income($137,037)$893$378$350$127,316
Other revenue$1,945$4,032$2,085$1,310$0
Total other revenue($135,092)$4,925$2,463$1,660$127,941
Total revenue$2,677,303$2,087,605$2,055,216$1,991,893$1,920,460
 
Expenses20202019201820172016
Program services$1,628,925$1,721,592$1,682,481$1,558,382$1,273,010
Management and general$77,291$131,293$112,674$142,706$187,408
Fundraising$90,050$97,296$109,829$53,816$113,938
Total expenses$1,796,266$1,950,181$1,904,984$1,754,904$1,574,356
 
Change in net assets20202019201820172016
Surplus (deficit)$881,037$137,424$150,232$236,989$346,104
Other changes in net assets$0$0$0$0$0
Total change in net assets$881,037$137,424$150,232$236,989$346,104

Compensation

NameTitleCompensation
Kim TrillerExecutive Director$87,327

Compensation data as of: 12/31/2019


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 4/6/2023. To update the information below, please email: [email protected]


History


Program accomplishments


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