Toledo-lucas County Carenet Inc
Only null% goes to programs Strong reserves Growing revenue
Toledo-lucas County Carenet Inc is a 501(c)(3) organization based in Toledo, Ohio, registered in 2004, with $992,105 in FY2023 revenue. CharityIndex grades it B.
3550 Executive Parkway 7105, Toledo, OH, 43606 EIN 43-1986672 Since 2004
Revenue (FY2023)
$992K
▲ 3.5% vs prior year
Health median: $840K
Expenses (FY2023)
$942K
Net assets
$1.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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. Not scored for Toledo-lucas County Carenet Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating17 mo reserves · +5% 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 Toledo-lucas County Carenet Inc: 17 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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. Not scored for Toledo-lucas County Carenet Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Toledo-lucas County Carenet Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 3550 Executive Parkway 7105, Toledo, OH, 43606
- City
- Toledo
- State
- Ohio
- Category
- Health Care
- Subcategory
- Health Care Financing
- Website
- …
Financial trends
Revenue grew from $537K (FY2013) to $992K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $85KNet assets $1.3M
Operating margin
5.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$85K
Net assets
$1.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $992,105▲3.5% | $941,797▲24.3% | $1,302,991▲4.0% | $1,388,261▲2.7% | 990 |
| 2022 | $958,718▲52.5% | $757,475▲51.8% | $1,252,683▲19.1% | $1,351,419▼7.7% | 990 |
| 2021 | $628,753▲8.5% | $499,073▼10.8% | $1,051,440▲14.1% | $1,464,275▲5.7% | 990 |
| 2020 | $579,508▲6.6% | $559,525▲7.2% | $921,760▲2.2% | $1,385,323▲14.6% | 990 |
| 2019 | $543,766▲35.7% | $522,104▲14.2% | $901,777▲2.5% | $1,208,992▲2.9% | 990 |
| 2018 | $400,773▼40.7% | $457,144▼17.9% | $880,115▼6.0% | $1,175,229▲1.0% | 990 |
| 2017 | $676,153▲3.9% | $557,091▼3.9% | $936,486▲14.6% | $1,163,697▲6.9% | 990 |
| 2016 | $650,958▼8.1% | $579,986▼0.5% | $817,424▲9.5% | $1,088,667▲8.7% | 990 |
| 2015 | $708,553▲11.9% | $583,021▲15.2% | $746,452▲20.2% | $1,001,862▲14.3% | 990 |
| 2014 | $633,390▲18.0% | $506,058▲5.0% | $620,920▲25.8% | $876,443▲20.6% | 990 |
| 2013 | $536,605 | $482,183▲27.6% | $493,588▲12.4% | $726,734▲53.7% | 990 |
| 2012 | — | $377,894▲2.3% | $439,166▲17.0% | $472,685▲24.2% | 990 |
| 2011 | — | $369,340▲11.0% | $375,456▲13.2% | $380,582▲13.9% | 990 |
| 2010 | — | $332,869 | $331,813 | $334,141 | 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.
Grants received · $1.4M total
9 grants to Toledo-lucas County Carenet Inc totaling $1.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ohio Association of Foodbanks | Provide health insurance outreach and enrollment services to ohioans | 2024 | $370,630 |
| Toledo Community Foundation | 2024 general donation; general support-2024 contribution | 2024 | $8,500 |
| Ohio Association of Foodbanks | Provide navigator services to ohioans in need. | 2023 | $358,870 |
| Toledo Community Foundation | General support-2023 contribution; 2023 general donation for operations | 2023 | $7,500 |
| Ohio Association of Foodbanks | Provide navigator services to ohioans in need. | 2022 | $363,879 |
| Toledo Community Foundation | 2022 carenet campaign, general support | 2022 | $10,500 |
| Ohio Association of Foodbanks | Provide navigator services to ohioans | 2021 | $230,869 |
| Toledo Community Foundation | Pharmacy assistance, general support, 2021 campaign for carenet | 2021 | $12,000 |
| Toledo Community Foundation | General support | 2020 | $7,500 |
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Frequently asked questions
- Is Toledo-lucas County Carenet Inc a legitimate nonprofit?
- Yes. Toledo-lucas County Carenet Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 43-1986672, based in Toledo, Ohio. Donations are tax-deductible.
- What is Toledo-lucas County Carenet Inc's EIN?
- Toledo-lucas County Carenet Inc's Employer Identification Number (EIN) is 43-1986672.
- How much revenue does Toledo-lucas County Carenet Inc report?
- Toledo-lucas County Carenet Inc reported $992,105 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Toledo-lucas County Carenet Inc have?
- CharityIndex grades Toledo-lucas County Carenet Inc B, based on financial health (reserves and operating margin).
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Data for Toledo-lucas County Carenet Inc (EIN 43-1986672) 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.