Caresource Georgia Co is a 501(c)(3) organization based in Dayton, Ohio, registered in 2017, with $1,467,472,962 in FY2024 revenue. CharityIndex grades it B+, and it directs about 90% of spending to programs.
Revenue (FY2024)
$1.5B
▼ 8.8% vs prior year
Health median: $840K
Expenses (FY2024)
$1.4B
Net assets
$257.2M
Employees
0
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 Caresource Georgia Co: 90% to programs earns a A on this criterion. See the exact thresholds →
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 Caresource Georgia Co: 2 mo reserves · +4% margin earns a B on this criterion. See the exact thresholds →
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 Caresource Georgia Co: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
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 Caresource Georgia Co: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To make a lasting difference in our members' lives by improving their health and well-being. caresource georgia co. is a nonprofit hmo licensed by the state of georgia.
Revenue grew from $2,076 (FY2016) to $1.5B (FY2024) across 9 reported years.
Financial snapshot
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$657.1M
Total liabilities
$399.9M
Net assets
$257.2M
Salaries & benefits
$0
0% of expenses
Board members
3
1 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,467,472,962▼8.8% | $1,412,434,190▼4.7% | $257,179,479▲27.7% | $657,057,031▲19.7% | 990 |
| 2023 | $1,608,533,529▲3.3% | $1,481,484,216▲0.5% | $201,462,337▲106% | $549,096,937▲7.3% | 990 |
| 2022 | $1,556,961,903▲23.3% | $1,474,705,609▲14.3% | $97,999,628▲442% | $511,891,671▲13.8% | 990 |
| 2021 | $1,262,865,202▲43.0% | $1,290,062,002▲47.8% | $18,084,855▼60.1% | $449,914,093▲38.1% | 990 |
| 2020 | $883,059,517▲27.2% | $872,730,991▲27.5% | $45,281,655▲29.5% | $325,866,124▲89.8% | 990 |
| 2019 | $694,010,496▲3.7% | $684,513,338▼0.8% | $34,953,129▲37.3% | $171,704,099▲30.4% | 990 |
| 2018 | $669,379,273▲118% | $690,031,269▲136% | $25,455,971▼44.8% | $131,660,034▲8.7% | 990 |
| 2017 | $307,596,060▲14816666% | $292,140,287▲21574% | $46,107,967▲1638% | $121,129,634▲3380% | 990 |
| 2016 | $2,076 | $1,347,864 | $2,652,194 | $3,480,833 | 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.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Edward Stubbers | Secretary (eff 6/1) | 8 | — |
| Erhardt Preitauer | Chair/director | 8 | — |
| Jai Pillai | Former Chief Operating Ofr | 0 | — |
| Jason Bearden | President | 30 | — |
| Lawrence Smart | Cfo, Treasurer/director | 8 | — |
| Richard Topping | Secretary (to 5/31) | 8 | — |
| Stephanie Williams | Assistant Treasurer | 10 | — |
| Veda Johnson | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Express Scripts Inc | Pharmacy Services | $165,728,336 |
| Scion Dental | Medical Services | $65,322,184 |
| Superior Vision Services Inc | Medical Services | $3,059,399 |
| Georgia Department of Public Health | Medical Services | $2,695,443 |
| National Imaging Associates Inc | Medical Services | $757,681 |
Explore more
Data for Caresource Georgia Co (EIN 47-2408339) 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.