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

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating455 of 109762 of 142
Fund acquisition rating477 of 109953 of 142
Resource allocation rating220 of 109942 of 142
Asset utilization rating802 of 1097104 of 142

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%6%3%5%5%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%6%3%5%5%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%100%105%100%100%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%8%5%5%6%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%0%-5%0%0%0%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%89%91%88%88%89%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%73%67%93%93%88%
Program output ratio Program output ratio =
Program services /
Total revenue
74%64%61%82%82%78%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%27%33%7%7%12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%20%28%6%7%12%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%3%4%7%6%8%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.870.530.490.850.870.86
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.671.832.112.232.662.86
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.550.971.041.892.332.48
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.03133.8368.1850.9724.8042.61
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.010.010.020.040.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.9612.3011.426.224.954.73
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%0%14%1%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%1%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
105%188%176%117%112%113%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$2,001,728$1,600,965$911,956$606,072$543,010
Receivables, inventories, prepaids$164,995$134,189$119,503$213,066$165,931
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$2,166,723$1,735,154$1,031,459$819,138$708,941
Long-term investments$0$0$0$0$0
Fixed assets$1,794,880$1,921,645$1,263,880$1,358,362$1,320,049
Other long-term assets$0$0$0$0$0
Total long-term assets$1,794,880$1,921,645$1,263,880$1,358,362$1,320,049
Total assets$3,961,603$3,656,799$2,295,339$2,177,500$2,028,990
 
Liabilities20212020201920182017
Payables and accrued expenses$16,190$25,449$20,238$33,030$16,638
Other current liabilities$0$0$0$0$0
Total current liabilities$16,190$25,449$20,238$33,030$16,638
Debt$0$0$0$6,793$15,850
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$475,212$0$0$9,057
Total long-term liabilities$0$475,212$0$6,793$24,907
Total liabilities$16,190$500,661$20,238$39,823$41,545
 
Net assets20212020201920182017
Without donor restrictions$3,684,515$2,639,408$2,023,040$1,959,086$1,815,039
With donor restrictions$260,898$516,730$252,061$178,591$172,406
Net assets$3,945,413$3,156,138$2,275,101$2,137,677$1,987,445
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$2,885,175$2,812,395$2,082,680$2,052,753$1,990,233
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$615($137,037)$893$378$350
Other revenue$1,331$1,945$4,032$2,085$1,310
Total other revenue$1,946($135,092)$4,925$2,463$1,660
Total revenue$2,887,121$2,677,303$2,087,605$2,055,216$1,991,893
 
Expenses20212020201920182017
Program services$1,859,534$1,628,925$1,721,592$1,682,481$1,558,382
Management and general$66,504$77,291$131,293$112,674$142,706
Fundraising$171,808$90,050$97,296$109,829$53,816
Total expenses$2,097,846$1,796,266$1,950,181$1,904,984$1,754,904
 
Change in net assets20212020201920182017
Surplus (deficit)$789,275$881,037$137,424$150,232$236,989
Other changes in net assets$0$0$0$0$0
Total change in net assets$789,275$881,037$137,424$150,232$236,989

Compensation

NameTitleCompensation
Kim TrillerExecutive Director$94,034

Compensation data as of: 12/31/2021


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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