Careflite
77% goes to programs $0 to raise $100 Strong reserves Declining revenue
Careflite is a 501(c)(3) organization based in Irving, Texas, registered in 1979, with $86,964,463 in FY2023 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
1630 Corporate Ct, Irving, TX, 75038 EIN 75-1657155 Since 1979
Revenue (FY2023)
$87.0M
▲ 13.0% vs prior year
Health median: $840K
Expenses (FY2023)
$84.3M
Net assets
$70.0M
Employees
788
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating77% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Careflite: 77% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Careflite: 10 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Careflite: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Careflite: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Air and ground medical transport services
Contact & location
- Address
- 1630 Corporate Ct, Irving, TX, 75038
- City
- Irving
- State
- Texas
- Category
- Health Care
- Subcategory
- Health Support Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $82.2M (FY2013) to $87.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $32.3MNet assets $70.0M
Operating margin
3.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$102.3M
Total liabilities
$32.3M
Net assets
$70.0M
Salaries & benefits
$55.0M
65% of expenses
Board members
11
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $86,964,463▲13.0% | $84,325,842▲1.2% | $70,003,184▲10.6% | $102,306,004▲8.6% | 990 |
| 2022 | $76,947,227▼7.7% | $83,339,966▲5.5% | $63,269,273▼5.8% | $94,206,648▼0.6% | 990 |
| 2021 | $83,375,066▼22.4% | $78,967,338▲5.6% | $67,194,642▲0.1% | $94,739,056▼5.7% | 990 |
| 2020 | $107,504,595▼14.3% | $74,801,922▼31.3% | $67,101,779▲95.1% | $100,510,379▲39.2% | 990 |
| 2019 | $125,418,420▲16.3% | $108,831,582▲3.1% | $34,399,106▲93.1% | $72,215,976▲24.1% | 990 |
| 2018 | $107,815,165▲4.2% | $105,586,494▲3.9% | $17,812,268▲14.3% | $58,181,706▲1.3% | 990 |
| 2017 | $103,440,572▲2.8% | $101,649,917 | $15,583,597▲13.0% | $57,416,814▲2.4% | 990 |
| 2016 | $100,596,055▲1.7% | $101,687,675▼2.3% | $13,792,942▼7.3% | $56,081,970▼3.8% | 990 |
| 2015 | $98,909,846▲3.9% | $104,115,014▲13.0% | $14,884,562▼25.9% | $58,298,487▲10.8% | 990 |
| 2014 | $95,234,200▲15.9% | $92,142,557▲19.3% | $20,089,730▲18.2% | $52,625,365▲34.2% | 990 |
| 2013 | $82,164,852 | $77,236,189▲14.2% | $16,998,087▲40.8% | $39,224,604▲17.2% | 990 |
| 2012 | — | $67,655,819▲3.4% | $12,069,424▲6.3% | $33,478,479▲54.1% | 990 |
| 2011 | — | $65,399,595▲5.8% | $11,354,348▲22.0% | $21,721,762▲0.1% | 990 |
| 2010 | — | $61,837,036▲9.0% | $9,308,406▼20.5% | $21,698,556▼34.8% | 990 |
| 2009 | — | $56,741,931 | $11,703,796 | $33,305,469 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Schwebach Jason — $358,881 (0.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Schwebach Jason | Ceo | 40 | $358,881 |
| Reynolds Kevin | Coo/vp | 40 | $326,480 |
| Crane Bryan | Vp Ground Operations | 40 | $219,242 |
| Mccoy Wrey A | Air Nurse | 40 | $213,863 |
| Davis William | Pilot | 40 | $203,670 |
| Cobb Jeffery | Air Nurse | 40 | $201,067 |
| Kahler Dustin | Vp/cfo | 40 | $199,248 |
| Schoenhardt Scott E | Pilot | 40 | $198,700 |
| Lail Lynn K | Director Strategic Initiatives | 40 | $189,325 |
| Rarity II Michael | Pilot | 40 | $160,893 |
| Dr Robert Simonson | Director | 1 | $24,000 |
| Amy Bodwell | Director | 1 | — |
| Andrew Masica | Director | 1 | — |
| Becky Tucker | Director | 1 | — |
| Brian Craft | Director | 1 | — |
| Courtney Edwards | Director | 1 | — |
| Danielle Sherar | Director | 1 | — |
| Dr Martin Koonsman | Director | 1 | — |
| Jay Whitfield | Director | 1 | — |
| Joseph Deleon | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Centrasol LLC | Billing Services | $2,631,334 |
| Bell Helicoptertextron | Maintenance | $1,670,848 |
| Pratt Whitney Canada Corp | Helicopter Maintenan | $644,679 |
| Ark Concept Solutions LLC | Contractor | $610,410 |
| Diversified Healthcare Ambulance | Billing Services | $577,062 |
Grants received · $37K total
5 grants to Careflite totaling $37K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Servant Foundation | Community development | 2024 | $5,000 |
| Baylor University Medical Center | General support | 2023 | $10,000 |
| Baylor University Medical Center | General support | 2022 | $10,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2020 | $5,848 |
| Communities Foundation of Texas | This grant is designated for general support. | 2020 | $5,848 |
Grants made · $10K in FY2016
1 grant totaling $10K in FY2016. All grants made by Careflite →
| Recipient | Purpose | Amount |
|---|---|---|
| Texas Health Resources | Black tie ball | $10,000 |
Similar organizations in Health
Health
Dallas Physician Medical Services For Children Inc
Dallas, TX
$85.9M
Cannual revenue
Health
Childrens Physician Services of South Texas
Corp Christi, TX
$88.5M
C+annual revenue
Health
Memorial Hermann Foundation
Houston, TX
$88.6M
Aannual revenue
Health
Episcopal Health Foundation
Houston, TX
$88.7M
Aannual revenue
Health
South Texas Blood & Tissue Center
San Antonio, TX
$84.9M
C+annual revenue
Health
Bienvivir Senior Health Services
El Paso, TX
$84.8M
Aannual revenue
Health
Texas Health Hospital Mansfield
Mansfield, TX
$84.7M
A+annual revenue
Texas Health Harris Methodist Hospital Cleburne
Cleburne, TX
$84.6M
Aannual revenue
- Health
Utmb Healthcare Systems Inc
Galveston, TX
$83.0M
A+annual revenue
Health
Stephen F Austin Community Health Center Inc
Alvin, TX
$82.3M
B+annual revenue
Compare Careflite
Frequently asked questions
- Is Careflite a legitimate nonprofit?
- Yes. Careflite is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-1657155, based in Irving, Texas. Donations are tax-deductible.
- What is Careflite's EIN?
- Careflite's Employer Identification Number (EIN) is 75-1657155.
- How much revenue does Careflite report?
- Careflite reported $86,964,463 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Careflite's spending goes to programs?
- Careflite spends about 77% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Careflite have?
- CharityIndex grades Careflite A, based on program efficiency and fundraising cost.
- How much does Careflite's highest-paid employee make?
- The highest reported compensation on Careflite's latest Form 990 is $358,881, paid to Schwebach Jason (Ceo).
More nonprofits in Irving
Explore more
Data for Careflite (EIN 75-1657155) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.