Civic Intelligence

Ashe Services for Aging Foundation

990 • Fiscal year 2017 • EIN 20-2998452

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

180 Chattyrob LaneWest Jefferson, NC 28694

(336) 246-2461

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.02x

Higher debt load relative to assets than 93% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

100th percentile

135%

Higher net margin than 100% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

18th percentile

$68,147

Higher top officer pay than 18% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Source year 2017

Asset Growth

35th percentile

-1.7%

Faster asset growth than 35% of similar nonprofits.

2017 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Assets

Down

$5,866,406

Down $99,540 (-1.7%) from 2016

Net Assets

Down

-$135,103

Down $34,984 (-35%) from 2016

Liabilities

Down

$6,001,509

Down $64,556 (-1.1%) from 2016

Revenue

Up

-$26,317

Up $7,971 (+23%) from 2016

Expenses

Down

$9,123

Down $25,883 (-74%) from 2016

Net Income

Up

-$35,440

Up $33,854 (+49%) from 2016

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2015: $6,090,194Liabilities 2015: $6,121,019Net Assets 2015: -$30,8252015Assets 2016: $5,965,946Liabilities 2016: $6,066,065Net Assets 2016: -$100,1192016Assets 2017: $5,866,406Liabilities 2017: $6,001,509Net Assets 2017: -$135,1032017Assets 2018: $5,736,467Liabilities 2018: $5,949,961Net Assets 2018: -$213,4942018Assets 2019: $5,644,518Liabilities 2019: $5,932,411Net Assets 2019: -$287,8932019Assets 2020: $5,534,912Liabilities 2020: $5,797,870Net Assets 2020: -$262,9582020Assets 2021: $5,419,869Liabilities 2021: $5,724,131Net Assets 2021: -$304,2622021Assets 2022: $5,374,895Liabilities 2022: $5,641,429Net Assets 2022: -$266,5342022Assets 2023: $5,199,122Liabilities 2023: $5,532,224Net Assets 2023: -$333,1022023Assets 2024: $5,042,254Liabilities 2024: $5,468,885Net Assets 2024: -$426,6312024

Highlighted filing

2017

Assets$5,866,406
Liabilities$6,001,509
Net Assets-$135,103

Operations Trend

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

$200K$100K$0-$100KRevenue 2015: -$13,350Expenses 2015: $18,822Net Income 2015: -$32,1722015Revenue 2016: -$34,288Expenses 2016: $35,006Net Income 2016: -$69,2942016Revenue 2017: -$26,317Expenses 2017: $9,123Net Income 2017: -$35,4402017Revenue 2018: -$30,970Expenses 2018: $47,797Net Income 2018: -$78,7672018Revenue 2019: -$39,218Expenses 2019: $35,464Net Income 2019: -$74,6822019Revenue 2020: -$29,066Expenses 2020: $5,348Net Income 2020: -$34,4142020Revenue 2021: -$13,240Expenses 2021: $28,432Net Income 2021: -$41,6722021Revenue 2022: $64,908Expenses 2022: $27,180Net Income 2022: $37,7282022Revenue 2023: -$9,660Expenses 2023: $56,908Net Income 2023: -$66,5682023Revenue 2024: $25,177Expenses 2024: $118,706Net Income 2024: -$93,5292024

Highlighted filing

2017

Revenue-$26,317
Expenses$9,123
Net Income-$35,440
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.0
Gross Receipts
$367,651
Mission and Program Overview

Mission

To help sustain and expand services and programs offered by ashe services for aging through advocacy and fundraising activities; to educate, cultivate, involve, and solicit support from the ashe county community regarding the needs of our elderly and disabled citizens to assure continued and expanded access to vital services; and to promote the wellness, respect, dignity, independence, humor, and safety of our elderly and disabled citizens.

To improve the health and well-being of the elderly and disabled citizens of ashe county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,474,587$5,322,310▼ $152,277
Savings and Temporary Cash Investments$214,581$259,094▲ $44,513
Investments Other Securities$10,000$11,014▲ $1,014
Total Assets$5,965,946$5,866,406▼ $99,540
Other Assets Total$266,778$273,988▲ $7,210
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,912,083$5,846,649▼ $65,434
Accounts Payable and Accrued Expenses$144,482$142,883▼ $1,599
Other Liabilities$9,500$11,977▲ $2,477
Total Liabilities$6,066,065$6,001,509▼ $64,556
Net Assets / Fund Balance
Unrestricted Net Assets$-100,119$-135,103▼ $34,984
Total Net Assets Fund Balance$-100,119$-135,103▼ $34,984
Total Liabilities and Net Assets / Fund Balance$5,965,946$5,866,406▼ $99,540

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,128,825$375,894$5,504,719
Land$161,175-$161,175
Equipment$23,710$18,204$41,914
Other Land Buildings$8,600$5,202$13,802

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$10,000$500▲ $764-$11,014
2015-$10,000--$10,000
Compensation and Service Providers

Employees

NameTitleOtherTotal
Patricia CallowayExecutive Director of Asa$68,147$68,147
Mary OwenFiscal Officer of Asa$61,344$61,344

Board Members and Trustees

NameTitle
Clay ChurchChair
Barbara RoeDirector
Carl HanlonDirector
Cathy YatesDirector
Jak ReevesDirector
Martha KincaidDirector
Richard BlackburnDirector
Virginia RobertsDirector
Greg BolacDirector From 3/2017
Joann UnderwoodDirector From 3/2017
Cabot HamiltonDirector Thru 11/2016
David VanhoyDirector Thru 11/2016
Jane BanksSecretary
Garner BlevinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$34,002
Program Service Revenue
$0
Investment Income
$1,540
Other Revenue
$-61,859
All Other Contributions
$24,754
Change in Net Assets
$-35,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$2,483-$2,483
Conferences and Meetings-$391-$391
Fees for Service Investment Mgmnt Fees-$250-$250
Other Expenses$5,950$49-$49
Total Functional Expenses$5,950$3,173$0$9,123
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$786
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payable$11,977
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Section B, Line 11B

The 990 is reviewed by the executive director and the fiscal officer of asa prior to submission and the board is informed that it has been submitted.

Form 990, Part VI, Section C, Line 19

The foundation makes its organizational documents available for public inspection upon request via mail or in person at asa's headquarters.

Filing and Contact Details

Filer

Filer Name
Ashe Services for Aging Foundation Inc
EIN
20-2998452
Phone
3362462461
Address
180 CHATTYROB LANE, WEST JEFFERSON, NC 28694

Signing Officer

Name
Patricia Calloway
Title
Executive Director
Phone
3362462461
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patricia Calloway
Formed
2005
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
13

Preparer

Firm
Blackman & Sloop Cpas Pa
Address
1414 RALEIGH RD SUITE 300, CHAPEL HILL, NC 27517
Preparer
Deetra B Watson
Phone
9199428700
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The endowment is to provide a steady stream of income with which to support ashe services for aging.

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IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt049
IRS990/OtherExpensesGrp/ProgramServicesAmt05950
IRS990/OtherExpensesGrp/TotalAmt05950
IRS990/OtherExpensesGrp/TotalAmt149
IRS990/OtherLiabilitiesGrp/BOYAmt09500
IRS990/OtherLiabilitiesGrp/EOYAmt011977
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PATRICIA CALLOWAY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt023254
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt016875
IRS990/PYInvestmentIncomeAmt01169
IRS990/PYOtherExpensesAmt018131
IRS990/PYOtherRevenueAmt0-58711
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-69294
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt035006
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-34288
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-35440
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-61073
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0214581
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0259094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt034002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt028450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt026275
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt028788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0140769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01765
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01169
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02934
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0858264
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02019
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02019
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86340
IRS990ScheduleA/PublicSupportPY170Pct00.91200
IRS990ScheduleA/PublicSupportTotal170Amt0125811
IRS990ScheduleA/SubstantialContributorsTotAmt014958
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt028450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt026275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt028788
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0140769
IRS990ScheduleA/TotalSupportAmt0145722
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt05128825
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0375894
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05504719
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0250
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011014
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0764
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt023710
IRS990ScheduleD/EquipmentGrp/DepreciationAmt018204
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt041914
IRS990ScheduleD/LandGrp/BookValueAmt0161175
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0161175
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08600
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05202
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013802
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT IS TO PROVIDE A STEADY STREAM OF INCOME WITH WHICH TO SUPPORT ASHE SERVICES FOR AGING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05322310
IRS990ScheduleD/TotalLiabilityAmt011977
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FISCAL OFFICER OF ASA PRIOR TO SUBMISSION AND THE BOARD IS INFORMED THAT IT HAS BEEN SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION MAKES ITS ORGANIZATIONAL DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST VIA MAIL OR IN PERSON AT ASA'S HEADQUARTERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ASHE SERVICES FOR AGING INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0591762020
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ELDERLY AND DISABLED SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0180 CHATTYROB LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WEST JEFFERSON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028694
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0332109
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACCRUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ASHE SERVICES FOR AGING INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05965946

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