Civic Intelligence

Associa Cares Inc

990 • Fiscal year 2019 • EIN 20-5832439

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 15, 2020

5401 N Central Expy 300Dallas, TX 75205-3348

(214) 272-4040

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.03x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

36%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,948,198

Up $288,668 (+17%) from 2018

Net Assets

Up

$1,929,250

Up $302,874 (+19%) from 2018

Liabilities

Down

$18,948

Down $14,206 (-43%) from 2018

Revenue

Up

$701,445

Up $185,614 (+36%) from 2018

Expenses

Down

$398,574

Down $135,926 (-25%) from 2018

Net Income

Up

$302,871

Up $321,540 (+1722%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $908,192Liabilities 2010: $0Net Assets 2010: $908,1922010Assets 2011: $1,128,510Liabilities 2011: $4,022Net Assets 2011: $1,124,4882011Assets 2012: $1,365,198Liabilities 2012: $4,896Net Assets 2012: $1,360,3022012Assets 2013: $1,419,229Liabilities 2013: $0Net Assets 2013: $1,419,2292013Assets 2014: $1,539,742Liabilities 2014: $309Net Assets 2014: $1,539,4332014Assets 2015: $1,560,422Liabilities 2015: $16,078Net Assets 2015: $1,544,3442015Assets 2016: $1,374,368Liabilities 2016: $50,520Net Assets 2016: $1,323,8482016Assets 2017: $1,706,351Liabilities 2017: $61,306Net Assets 2017: $1,645,0452017Assets 2018: $1,659,530Liabilities 2018: $33,154Net Assets 2018: $1,626,3762018Assets 2019: $1,948,198Liabilities 2019: $18,948Net Assets 2019: $1,929,2502019Assets 2020: $1,933,891Liabilities 2020: $554Net Assets 2020: $1,933,3372020Assets 2021: $2,362,319Liabilities 2021: $147,754Net Assets 2021: $2,214,5652021Assets 2022: $2,559,489Liabilities 2022: $117,494Net Assets 2022: $2,441,9952022Assets 2023: $3,213,601Liabilities 2023: $454,921Net Assets 2023: $2,758,6802023Assets 2024: $2,949,684Liabilities 2024: $101,811Net Assets 2024: $2,847,8732024

Highlighted filing

2019

Assets$1,948,198
Liabilities$18,948
Net Assets$1,929,250

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $190,0232010Expenses 2011: $263,5562011Expenses 2012: $329,0432012Revenue 2013: $470,878Expenses 2013: $411,951Net Income 2013: $58,9272013Revenue 2014: $582,790Expenses 2014: $462,586Net Income 2014: $120,2042014Revenue 2015: $495,556Expenses 2015: $490,645Net Income 2015: $4,9112015Revenue 2016: $579,505Expenses 2016: $795,672Net Income 2016: -$216,1672016Revenue 2017: $735,027Expenses 2017: $413,830Net Income 2017: $321,1972017Revenue 2018: $515,831Expenses 2018: $534,500Net Income 2018: -$18,6692018Revenue 2019: $701,445Expenses 2019: $398,574Net Income 2019: $302,8712019Revenue 2020: $453,734Expenses 2020: $449,647Net Income 2020: $4,0872020Revenue 2021: $579,624Expenses 2021: $298,396Net Income 2021: $281,2282021Revenue 2022: $714,116Expenses 2022: $486,686Net Income 2022: $227,4302022Revenue 2023: $1,132,750Expenses 2023: $816,065Net Income 2023: $316,6852023Revenue 2024: $941,462Expenses 2024: $852,268Net Income 2024: $89,1942024

Highlighted filing

2019

Revenue$701,445
Expenses$398,574
Net Income$302,871
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 15, 2020
Return Version
2019v5.1
Gross Receipts
$931,492
Mission and Program Overview

Mission

Associa cares, inc. Was established to assist families and communities in crisis as a result of natural or man-made disasters.

The organization's mission is to assist families and communities in crisis as a result of natural and man-made disasters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,626,376$1,929,250▲ $302,874
Savings and Temporary Cash Investments$1,315,032$1,772,439▲ $457,407
Cash and Non-Interest-Bearing Accounts$344,498$175,759▼ $168,739
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,659,530$1,948,198▲ $288,668
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$33,005$17,848▼ $15,157
Deferred Revenue$0$1,100▲ $1,100
Other Liabilities$149$0▼ $149
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$33,154$18,948▼ $14,206
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,626,376$1,929,250▲ $302,874
Total Liabilities and Net Assets / Fund Balance$1,659,530$1,948,198▲ $288,668
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew FortinChairman and President
William Sommers JrVice President
Bryant PhillipsDirector
Dustan GoodellDirector
Jeff GourlieDirector
Lisa LockeDirector
Matt SteeleDirector
Stacey KurckDirector
Faith DesmetDirector & National Committee
Amanda WojczakNational Committee
Anne BrumbalowNational Committee
Colleen BurnsedNational Committee
LISA O'NEILLNational Committee
Helen Eden CaronaSecretary
Norma DeanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$694,460
Program Service Revenue
$0
Investment Income
$6,985
Other Revenue
$0
All Other Contributions
$90,471
Change in Net Assets
$302,871

Audited Revenue Reconciliation

Revenue per Audited Statements
$701,445
Revenue Not Reported on Form 990
$17,231
Total Revenue per Audited Statements
$718,676
Total Revenue per Form 990
$701,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$235,986
Salaries, Compensation, and Employee Benefits$83,136
Other Expenses$79,452
Total Fundraising Expense$33,750
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$187,900--$187,900
Comp Disqual Persons$40,386$9,000$33,750$83,136
Grants to Domestic Orgs$43,586--$43,586
Fees for Services Management-$39,394-$39,394
Other Expenses$16,290--$16,290
Office Expenses-$12,352-$12,352
Fees for Services Accounting-$7,088-$7,088
Foreign Grants$4,500--$4,500
Insurance-$4,328-$4,328
Total Functional Expenses$292,662$72,162$33,750$398,574

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$398,574
Total Expenses per Form 990$398,574
Total Expenses per Audited Statements$390,320
Expenses Not Reported on Form 990$-8,254
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
All Hands and HeartsMattapoisett, MA--$20,000
The Minneapolis Foundation- Minnesota HelpsMinneapolis, MN--$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$230,047
Fundraising Gross Income$230,047
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Vendor Fair$255,650$255,650$24,753$230,897
Vendor Day$88,911$88,911-$88,911
Total Events$834,036$230,047$230,047-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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, Line 1A

Delegation of authority per the organization's bylaws the board of directors may appoint an executive committee consisting of two or more members of the board. During intervals between meetings of the board of directors, the executive committee shall have and may exercise all of the authority of the board in the business affairs of the corporation, except where action of the board of directors is specified by applicable law or where authority is forbidden by the bylaws. Specifically, the executive committee may not declare dividends, elect officers, amend the bylaws, rescind or modify any action theretofore taken by the board of directors, adopt any plan of merger or consolidation, sell assets of the corporation outside of the ordinary course of business, or dissolve the corporation.

Form 990, Part VI, Line 7A

Members or stockholders who may elect associa cares, inc. Has no members or stockholders. The board of directors is a group of volunteers who may, from time to time, elect additional directors to the board.

Form 990, Part VI, Line 11B

Form 990 review process a copy of the return is provided to each member of the board upon request.

Form 990, Part VI, Line 12C

Conflict of interest policy monitoring & enforcement the board of directors reviews each request for assistance to confirm that there are no conflicts of interest between the recipient and any board member. In addition, the organization requires each director, principal officer, and other interested person to sign, annually, a statement confirming that they have received a copy of the conflict of interest policy, have read and understand the policy, agree to comply with the policy, and understand that the organization is charitable and must engage primarily in activities which accomplish one or more of its tax-exempt purposes. If an interested person believes there may be a conflict of interest, that person has a duty to disclose all material facts relating to the potential conflict. After disclosure, the disinterested members of the board or committee shall decide if a conflict exists, and whether to proceed with the transaction or arrangement giving rise to the conflict, should a more advantageous transaction or arrangement not be reasonably possible.

Form 990, Part VI, Line 19

How documents are made available to the public the organization's governing documents, conflict of interest policy, and financial statements are available to the public in electric format upon request.

Filing and Contact Details

Filer

Filer Name
Associa Cares Inc
EIN
20-5832439
In Care Of
% WILLIAM SOMMERS
Phone
2142724040
Address
5401 N CENTRAL EXPY 300, DALLAS, TX 75205-3348

Signing Officer

Name
William Sommers
Title
Director of Acq Acct
Phone
2142724040
Signed
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Fortin
Formed
2005
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
148

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
2500 DALLAS PARKWAY SUITE 300, PLANO, TX 75093
Preparer
Rachel Freeman
Phone
9727480300
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR & NATIONAL COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7NATIONAL COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8NATIONAL COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9NATIONAL COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10NATIONAL COMMITTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDENT
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.95$0.10$2.85$0.94$0.85$0.09
2023Detailed filing. Detailed filing data is available for this year.$3.21$0.45$2.76$1.13$0.82$0.32
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.12$2.44$0.71$0.49$0.23
2021Detailed filing. Detailed filing data is available for this year.$2.36$0.15$2.21$0.58$0.30$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.45$0.45$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.95$0.02$1.93$0.70$0.40$0.30
2018Detailed filing. Detailed filing data is available for this year.$1.66$0.03$1.63$0.52$0.53$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.71$0.06$1.65$0.74$0.41$0.32
2016Detailed filing. Detailed filing data is available for this year.$1.37$0.05$1.32$0.58$0.80$0.22
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.02$1.54$0.50$0.49$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.58$0.46$0.12
2013Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.47$0.41$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.00$1.36$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.12$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$0.19
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits