Civic Intelligence

Kids Central Inc.

990 • Fiscal year 2015 • EIN 03-0423152

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

2117 SW Hwy 484Ocala, FL 34473

(352) 873-6332

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.75x

Higher debt load relative to assets than 84% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

29th percentile

0.15x

Higher debt load relative to revenue than 29% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

39th percentile

1.4%

Higher net margin than 39% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

30th percentile

$173,741

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

53rd percentile

2.1%

Faster asset growth than 53% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

42nd percentile

1.7%

Faster revenue growth than 42% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$9,600,399

Up $197,559 (+2.1%) from 2014

Net Assets

Up

$2,364,825

Up $675,468 (+40%) from 2014

Liabilities

Down

$7,235,574

Down $477,909 (-6.2%) from 2014

Revenue

Up

$48,728,988

Up $820,653 (+1.7%) from 2014

Expenses

Down

$48,053,520

Down $85,536 (-0.2%) from 2014

Net Income

Up

$675,468

Up $906,189 (+393%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $10,487,606Liabilities 2010: $8,126,360Net Assets 2010: $2,361,2462010Assets 2011: $10,916,757Liabilities 2011: $9,038,765Net Assets 2011: $1,877,9922011Assets 2012: $10,927,931Liabilities 2012: $9,438,001Net Assets 2012: $1,489,9302012Assets 2013: $10,181,570Liabilities 2013: $8,261,492Net Assets 2013: $1,920,0782013Assets 2014: $9,402,840Liabilities 2014: $7,713,483Net Assets 2014: $1,689,3572014Assets 2015: $9,600,399Liabilities 2015: $7,235,574Net Assets 2015: $2,364,8252015Assets 2016: $9,368,712Liabilities 2016: $7,451,750Net Assets 2016: $1,916,9622016Assets 2017: $7,120,035Liabilities 2017: $5,445,735Net Assets 2017: $1,674,3002017Assets 2018: $7,033,435Liabilities 2018: $4,964,104Net Assets 2018: $2,069,3312018Assets 2019: $6,659,492Liabilities 2019: $4,313,652Net Assets 2019: $2,345,8402019Assets 2020: $9,190,914Liabilities 2020: $6,569,338Net Assets 2020: $2,621,5762020Assets 2021: $12,554,700Liabilities 2021: $9,680,686Net Assets 2021: $2,874,0142021Assets 2022: $13,974,042Liabilities 2022: $9,812,733Net Assets 2022: $4,161,3092022Assets 2023: $14,960,581Liabilities 2023: $10,437,597Net Assets 2023: $4,522,9842023Assets 2024: $16,853,102Liabilities 2024: $12,217,604Net Assets 2024: $4,635,4982024

Highlighted filing

2015

Assets$9,600,399
Liabilities$7,235,574
Net Assets$2,364,825

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $49,109,1592010Expenses 2011: $49,339,8972011Revenue 2012: $46,803,569Expenses 2012: $47,191,631Net Income 2012: -$388,0622012Revenue 2013: $47,881,757Expenses 2013: $47,451,609Net Income 2013: $430,1482013Revenue 2014: $47,908,335Expenses 2014: $48,139,056Net Income 2014: -$230,7212014Revenue 2015: $48,728,988Expenses 2015: $48,053,520Net Income 2015: $675,4682015Revenue 2016: $49,983,045Expenses 2016: $50,430,908Net Income 2016: -$447,8632016Revenue 2017: $53,694,617Expenses 2017: $53,930,816Net Income 2017: -$236,1992017Revenue 2018: $54,557,078Expenses 2018: $54,162,047Net Income 2018: $395,0312018Revenue 2019: $55,238,691Expenses 2019: $54,962,182Net Income 2019: $276,5092019Revenue 2020: $56,358,970Expenses 2020: $56,083,234Net Income 2020: $275,7362020Revenue 2021: $58,090,506Expenses 2021: $57,856,624Net Income 2021: $233,8822021Revenue 2022: $65,405,551Expenses 2022: $64,099,700Net Income 2022: $1,305,8512022Revenue 2023: $81,969,430Expenses 2023: $81,607,755Net Income 2023: $361,6752023Revenue 2024: $81,206,507Expenses 2024: $81,093,993Net Income 2024: $112,5142024

Highlighted filing

2015

Revenue$48,728,988
Expenses$48,053,520
Net Income$675,468
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$48,753,821
Mission and Program Overview

Mission

To develop and manage a child-centered community-based system of care for abused, neglected and abandoned children and their families, in order to strengthen families and prevent them from entering the child welfare system.

Protecting children. Supporting families. Engaging communities. To develop and manage a child-centered community-based system of care for abused, neglected and abandoned children and their families, in order to strengthen families and prevent them from entering the child welfare system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,997,016$6,776,122▼ $220,894
Land, Buildings, and Equipment, Net$1,049,969$1,682,113▲ $632,144
Prepaid Expenses and Deferred Charges$333,746$354,156▲ $20,410
Accounts Receivable$371,974$260,452▼ $111,522
Investments Program Related$46,084$40,174▼ $5,910
Pledges and Grants Receivable$26,526$25,236▼ $1,290
Total Assets$9,402,840$9,600,399▲ $197,559
Other Assets Total$577,525$462,146▼ $115,379
Liabilities
Accounts Payable and Accrued Expenses$5,338,145$4,066,209▼ $1,271,936
Deferred Revenue$2,156,898$2,998,166▲ $841,268
Escrow Account Liability$218,440$171,199▼ $47,241
Total Liabilities$7,713,483$7,235,574▼ $477,909
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,049,969$1,682,113▲ $632,144
Unrestricted Net Assets$639,388$682,712▲ $43,324
Total Net Assets Fund Balance$1,689,357$2,364,825▲ $675,468
Total Liabilities and Net Assets / Fund Balance$9,402,840$9,600,399▲ $197,559

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,647,882$2,677,668$4,325,550
Leasehold Improvements$34,231$64,141$98,372
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John CooperCEOFT$133,843$39,898$173,741
John AitkenCFOFT$123,344$23,531$146,875

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Children's Home Society Of FloridaCase Mgmt, Adop605 NE 1ST STREET, SUITE A-2, Gainesville, FL 32601$9,344,328
The Centers INCCase Mgmt5664 SW 60TH AVE, Ocala, FL 34474$8,337,706
Devereux KidsCase Mgmt10069 NORTH FLORIDA BLVD, Tampa, FL 33612$2,424,935
Youth & Family AlternativesCase Mgmt, Adop7524 PLATHE ROAD, New Port Richey, FL 34653$309,204
Lifestream Behavioral Center-2020 TALLY ROAD, Leesburg, FL 34748$278,897
Revenue and Support

Revenue Composition

Contributions and Grants
$47,558,844
Program Service Revenue
$1,192,306
Investment Income
$16,135
Other Revenue
$-38,297
All Other Contributions
$638,281
Change in Net Assets
$675,468

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$146,365Thrift Value
Other Non Cash Contri Table15$42,575Donated Prop. Sale Price
Other Non Cash Contri Table26$8,892Donated Prop. Sale Price
Other Non Cash Contri Table16$2,814Donated Prop. Sale Price
Other Non Cash Contri Table4$1,106Sale of Comparable Items
Total Noncash Contributions61$201,752-

Audited Revenue Reconciliation

Revenue per Audited Statements
$48,565,788
Revenue Not Reported on Financial Statements
$163,200
Revenue Not Reported on Form 990
$28,360
Other Revenue Adjustments
$163,200
Total Revenue per Audited Statements
$48,594,148
Total Revenue per Form 990
$48,728,988
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,016,823
Grants and Similar Amounts Paid$8,955,393
Salaries, Compensation, and Employee Benefits$8,081,304
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$27,885,231$306,173-$28,191,404
Grants to Domestic Individuals$8,673,661--$8,673,661
Other Salaries and Wages$4,741,978$1,376,628-$6,118,606
Other Employee Benefits$728,163$211,391-$939,554
Office Expenses$650,765$134,859-$785,624
Payroll Taxes$411,746$119,532-$531,278
Occupancy$384,248$101,407-$485,655
Depreciation Depletion$366,347$33,279-$399,626
Current Officers, Directors, Trustees, and Key Employees$266,020$77,231-$343,251
Travel$270,564$45,781-$316,345
Grants to Domestic Orgs$281,732--$281,732
Insurance$218,709$56,832-$275,541
Conferences and Meetings$130,413$37,104-$167,517
Pension Plan Contributions$115,178$33,437-$148,615
Information Technology$84,166$53,565-$137,731
Fees for Services Accounting$24,135$6,715-$30,850
Fees for Services Lobbying$22,482$7,518-$30,000
Other Expenses$12,980$4,206-$17,186
All Other Expenses$8,485$2,749-$11,234
Fees for Services Legal$7,311$2,034-$9,345
Advertising$2,469$2,978-$5,447
Total Functional Expenses$45,400,882$2,652,638$0$48,053,520

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$48,053,520
Total Expenses per Audited Statements$47,918,680
Expenses per Audited Statements$47,890,320
Expenses Not Reported on Financial Statements$163,200
Other Expense Adjustments$163,200
Expenses Not Reported on Form 990$28,360
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys and Girls Club of Lake and SumLeesburg, FL501c3After School Program$50,000
Boys and Girls Club of Citrus CountLecanto, FL501c3After School Program$28,000
Community Housing PartnersOcala, FL501c3After School Program$27,732
Boys & Girls Club of Hernando CountSpring Hill, FL501c3After School Program$26,000
Boys and Girls Club of Marion CountOcala, FL501c3After School Program$26,000
Boys & Girls Club of Hernando CountSpringhill, FL501c3Summer Programs$25,000
Boys and Girls Club of Citrus CountLecanto, FL501c3Summer Program$25,000
Boys and Girls Club of Lake and SumLeesburg, FL501c3Summer Program$25,000
Boys and Girls Club of Marion CountOcala, FL501c3Summer Program$25,000
Howard AcademyOcala, FL501c3After School Program$12,000
Sumter Christian SchoolSumterville, FL501c3After School Program$12,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,833
Fundraising Gross Income$3,620
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$66,121-$8,007-
Magical Christm$12,405$840$15$825
Total Events$88,329$3,620$24,833$-21,213
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mike JordanSee Part VSee Part VNo$230,759
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

16b - the organization participates in a partnership of other community based care organizations. The purpose of the partnership is to jointly propose on prepaid child welfare and mental health programs. The organization has determined that no amount was unrelated to the it's exempt function.

Form 990, Page 6, Part VI, Line 11B

The form 990 preparer provides a general review of the form 990 for kids central's finance committee which consists of 4 members from the board of directors, the chief executive officer, and the chief financial officer. The chief financial officer performs a detailed review of the form 990. A copy of form 990 is sent to each member of the board of directors. A motion of approval from the board of directors is required before the form 990 can be accepted as complete and ready for submission.

Form 990, Page 6, Part VI, Line 12C

Directors, officers, volunteers and employees are covered by the conflict of interest policy. Conflicts shall be reported to the board of directors or executive committee. Any board member having a conflict of interest or possible conflict of interest should not vote or use his/her influence on the matter. The minutes of the meeting should reflect that a disclosure was made. Annually, all board members are required to sign a statement acknowledging the conflict of interest policy and their requirements to disclose conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The process for determining the compensation for the chief financial officer includes a three year human resources comprehensive salary survey of cbc's in florida. Survey participation has been close to 100%. The hr department utilizes the results, as well as other national and state surveys to determine the salary ranges for all employees. The board's finance committee approves the ranges. After approval the board's executive committee performs an annual performance evaluation of the ceo and determines if the ceo is placed correctly within the salary range and approves any changes.

Form 990, Page 6, Part VI, Line 15B

The process for determining the compensation for the officers and key employees includes a three year human resources comprehensive salary survey of cbc's in florida. Survey participation has been close to 100%. The hr department utilizes the results, as well as other national and state surveys to determine the salary ranges for all employees. The board's finance committee approves the ranges. This information is then utilized to determine the compensation for officers and key employees and this information is approved by the board's executive committee.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Form 990, Part VII

Section a - officers are elected in june of each year. The officer designations in part vii section a are reflective of the desgination at june 30th.

Filing and Contact Details

Filer

Filer Name
Kids Central Inc
EIN
03-0423152
Phone
3528736332
Address
2117 SW HWY 484, OCALA, FL 34473

Signing Officer

Name
John Aitken
Title
CFO
Phone
3528736332
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Cooper
Formed
2002
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
15
Employees
151
Volunteers
33

Preparer

Firm
Purvis Gray & Company Llp
Address
2347 SE 17TH STREET, OCALA, FL 34471
Preparer
Timothy M Westgate CPA
Phone
3527323872
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Protecting children. Supporting families. Engaging communities. To develop and manage a child-centered community-based system of care for abused, neglected and abandoned children and their families, in order to strengthen families and prevent them from entering the child welfare system.

Form 990, Page 2, Part III, Line 4D

Other out of home care - provide the basic necessities, such as shelter, food, and supervision, as well as other services in a group setting to children in the child welfare system that have been removed from their homes. The caregivers in this program operate facilities that are licensed to provide care to a larger number of children than traditional foster homes. Other programs include foster care, recruitment and licensing and independent living.

Form 990, Part IX, Line 11G

Other fees 961,099 306,209 0 contracted services 20,438,642 -36 0 out of home care payments 6,485,490 0 0

Form 990, Part XI, Line 9

Special event expenses included on statement of revenues 26,630 gain/loss on disposal 1,730 non-cash contributions -163,200 special event expenses included on statement of revenues -26,630 gain/loss on disposal -1,730 non-cash contributions 163,200

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Kids central inc., as representative payee, will have access to revocable subaccounts that are created for the benefit of clients who receive supplemental security income benefits or social security act title ii benefits. Funds for the client's current needs will be disbursed by the department, as trustee, within the context of sections 402.17 and 402.33, florida statutes. As to a particular client's account or subaccount(s), the master trust terminates when the client is no longer in the care and custody of the department.

Schedule D, Page 4, Part XI, Line 2D

Special event expenses included on statement of revenues 26,630 gain/loss on disposal 1,730

Schedule D, Page 4, Part XI, Line 4B

Non-cash contributions 163,200

Schedule D, Page 4, Part XII, Line 2D

Special event expenses included on statement of revenues 26,630 gain/loss on disposal 1,730

Schedule D, Page 4, Part XII, Line 4B

Non-cash contributions 163,200

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IRS990/ProgSrvcAccomActy3Grp/Desc0ADOPTION - RECRUIT PROSPECTIVE ADOPTIVE PARENTS AND ASSIST WITH THE ADOPTION PROCESS FOR CHILDREN IN THE CHILD WELFARE SYSTEM WHOSE BIOLOGICAL PARENTS HAVE HAD THEIR PARENTAL RIGHTS TERMINATED BY THE COURTS. THE CASE MANAGEMENT ACTIVITIES FOR CHILDREN AWAITING ADOPTIONS AND THE MAINTENANCE ADOPTION SUBSIDIES PAID TO ELIGIBLE, ADOPTIVE FAMILIES ARE INCLUDED IN THE ADOPTION PROGRAM.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER OUT OF HOME CARE - PROVIDE THE BASIC NECESSITIES, SUCH AS SHELTER, FOOD, AND SUPERVISION, AS WELL AS OTHER SERVICES IN A GROUP SETTING TO CHILDREN IN THE CHILD WELFARE SYSTEM THAT HAVE BEEN REMOVED FROM THEIR HOMES. THE CAREGIVERS IN THIS PROGRAM OPERATE FACILITIES THAT ARE LICENSED TO PROVIDE CARE TO A LARGER NUMBER OF CHILDREN THAN TRADITIONAL FOSTER HOMES. OTHER PROGRAMS INCLUDE FOSTER CARE, RECRUITMENT AND LICENSING AND INDEPENDENT LIVING.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.9$12.2$4.64$81.2$81.1$0.11
2023Detailed filing. Detailed filing data is available for this year.$15.0$10.4$4.52$82.0$81.6$0.36
2022Detailed filing. Detailed filing data is available for this year.$14.0$9.81$4.16$65.4$64.1$1.31
2021Detailed filing. Detailed filing data is available for this year.$12.6$9.68$2.87$58.1$57.9$0.23
2020Detailed filing. Detailed filing data is available for this year.$9.19$6.57$2.62$56.4$56.1$0.28
2019Detailed filing. Detailed filing data is available for this year.$6.66$4.31$2.35$55.2$55.0$0.28
2018Detailed filing. Detailed filing data is available for this year.$7.03$4.96$2.07$54.6$54.2$0.40
2017Detailed filing. Detailed filing data is available for this year.$7.12$5.45$1.67$53.7$53.9$0.24
2016Detailed filing. Detailed filing data is available for this year.$9.37$7.45$1.92$50.0$50.4$0.45
2015Detailed filing. Detailed filing data is available for this year.$9.60$7.24$2.36$48.7$48.1$0.68
2014Detailed filing. Detailed filing data is available for this year.$9.40$7.71$1.69$47.9$48.1$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$8.26$1.92$47.9$47.5$0.43
2012Summary only. Only limited summary data is available for this year.$10.9$9.44$1.49$46.8$47.2$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$9.04$1.88$49.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$8.13$2.36$49.1
Peer Organizations

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