CaringBridge is a global nonprofit social network dedicated to helping family and friends communicate with and support loved ones during a health journey. According to the organization, anyone, anywhere can create a free, safe, personal website to easily share updates and receive the love and strength needed from their community during an illness or injury.
For the year ended December 31, 2017, CaringBridge's program expenses were:
Program expenses |
$5,777,869 |
Total Program Expenses: |
$5,777,869 |
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Chief Executive
Liwanag Q. Ojala, CEO
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Compensation*
$220,247
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Chair of the Board
Bill McKinney
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Chair's Profession / Business Affiliation
Vice President, Strategy and Long Term Development, Thrivent Financial
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Board Size
16
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Paid Staff Size
37
*2017 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Telephone appeals
Fundraising costs were 12% of related contributions. (Related contributions, which totaled $7,887,085, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on CaringBridge's audited financial statements for the year ended December 31, 2017.
Source of Funds |
Accounts receivable |
$7,401,284 |
Donated services |
$485,801 |
Other income |
$195,294 |
Investment income |
$18,321 |
Unrelated business income |
$859 |
Total Income |
$8,101,559 |
- Programs: 75%
- Administrative: 14%
- Fundraising: 11%
Total Income |
$8,101,559 |
Program expenses |
$5,777,869 |
Fundraising expenses |
$929,811 |
Administrative expenses |
$1,096,849 |
Other expenses |
$0 |
Total expenses: |
$7,804,529 |
Income in Excess of Expenses |
$297,030 |
Beginning Net Assets |
$4,724,657 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$5,021,687 |
Total Liabilities |
$650,478 |
Total Assets |
$5,672,165 |
Note: According to CaringBridge's 2017 audited financial statements, the organization received in-kind contributions totaling $485,801 in the form of a search engine optimization grant ($385,757), hosting web portal ($75,753), search engine marketing donation ($24,000), and donated meals for team meetings ($291).