Civic Intelligence

Caring Voice Coalition Inc

990 • Fiscal year 2020 • EIN 26-0058446

Jul 01, 2019 to Jun 30, 2020 • Filed on Jul 06, 2020

4701 Cox Road 400Glen Allen, VA 23060

(804) 427-6468

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

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

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

4.50x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

35th percentile

$192,865

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

1st percentile

-60%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

84%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Down

$11,602,900

Down $17,513,169 (-60%) from 2019

Net Assets

Down

$0

Down $3,851,050 (-100%) from 2019

Liabilities

Down

$11,602,900

Down $13,662,119 (-54%) from 2019

Revenue

Up

$2,576,530

Up $1,178,988 (+84%) from 2019

Expenses

Down

$40,998

Down $700,721 (-94%) from 2019

Net Income

Up

$2,535,532

Up $1,879,709 (+287%) from 2019

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $48,643,217Liabilities 2011: $3,590,807Net Assets 2011: $45,052,4102011Assets 2012: $53,101,166Liabilities 2012: $5,124,329Net Assets 2012: $47,976,8372012Assets 2013: $48,310,384Liabilities 2013: $6,877,073Net Assets 2013: $41,433,3112013Assets 2014: $61,486,969Liabilities 2014: $8,436,330Net Assets 2014: $53,050,6392014Assets 2015: $94,730,771Liabilities 2015: $11,976,681Net Assets 2015: $82,754,0902015Assets 2016: $112,200,521Liabilities 2016: $16,166,536Net Assets 2016: $96,033,9852016Assets 2017: $55,784,315Liabilities 2017: $5,048,624Net Assets 2017: $50,735,6912017Assets 2018: $30,451,150Liabilities 2018: $3,196,420Net Assets 2018: $27,254,7302018Assets 2019: $29,116,069Liabilities 2019: $25,265,019Net Assets 2019: $3,851,0502019Assets 2020: $11,602,900Liabilities 2020: $11,602,900Net Assets 2020: $02020

Highlighted filing

2020

Assets$11,602,900
Liabilities$11,602,900
Net Assets$0

Operations Trend

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

$200M$100M$0-$100MExpenses 2011: $41,999,8572011Expenses 2012: $52,357,5462012Expenses 2013: $63,856,8612013Revenue 2014: $82,814,685Expenses 2014: $72,297,810Net Income 2014: $10,516,8752014Revenue 2015: $132,573,551Expenses 2015: $102,523,363Net Income 2015: $30,050,1882015Revenue 2016: $154,642,112Expenses 2016: $135,812,777Net Income 2016: $18,829,3352016Revenue 2017: $40,969,023Expenses 2017: $87,769,321Net Income 2017: -$46,800,2982017Revenue 2018: $1,355,493Expenses 2018: $24,710,481Net Income 2018: -$23,354,9882018Revenue 2019: $1,397,542Expenses 2019: $741,719Net Income 2019: $655,8232019Revenue 2020: $2,576,530Expenses 2020: $40,998Net Income 2020: $2,535,5322020

Highlighted filing

2020

Revenue$2,576,530
Expenses$40,998
Net Income$2,535,532
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jul 6, 2020
Return Version
2019v5.0
Gross Receipts
$27,151,038
Mission and Program Overview

Mission

Caring voice coalition is dedicated to helping individuals and families affected by serious, chronic illnesses. We offer outreach and support that directly benefit the patient community.

Caring voice coalition is dedicated to improving the lives of patients with chronic illnesses. We accomplish our mission by offering empowering, supportive and comprehensive outreach services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$28,264,850--
Cash and Non-Interest-Bearing Accounts$479,631$11,590,144▲ $11,110,513
Land, Buildings, and Equipment, Net$127,950--
Prepaid Expenses and Deferred Charges$243,638$12,756▼ $230,882
Total Assets$29,116,069$11,602,900▼ $17,513,169
Liabilities
Accounts Payable and Accrued Expenses$25,265,019$11,602,900▼ $13,662,119
Total Liabilities$25,265,019$11,602,900▼ $13,662,119
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,851,050--
Total Net Assets Fund Balance$3,851,050$0▼ $3,851,050
Total Liabilities and Net Assets / Fund Balance$29,116,069$11,602,900▼ $17,513,169

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$273,792$273,792
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Gregory SmileyPresident/ce-$192,865$192,865
Gregory SmileyPresident/CEO-$12,234$12,234
Bruce J Packett IiDirector$300-$300
Cheryl Sullivan-staveleyTreasurer$300-$300
James a RockChairman$300-$300
Revenue and Support

Revenue Composition

Contributions and Grants
$35,953
Program Service Revenue
$0
Investment Income
$2,540,577
Other Revenue
$0
All Other Contributions
$35,953
Change in Net Assets
$2,535,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,098
Salaries, Compensation, and Employee Benefits$900
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$1,725-$1,725
Fees for Services Legal-$1,344-$1,344
Current Officers, Directors, Trustees, and Key Employees-$900-$900
Other Expenses-$606-$606
Total Functional Expenses$0$40,998$0$40,998
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Page 6, Part VI, Line 11B

The director of finance and president review the 990 together and present it to the board of directors for their review before it is filed with the irs.

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

The conflict of interest policy is updated at the beginning of each fiscal year. Each director, principal officer, member of a committee with governing board delegated powers, key employees and program/department director is required to review and sign the policy on an annual basis.

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

The board of directors meets annually to determine the compensation and benefits package of the organization's ceo. The board and compensation committee review the following to establish compensation of the president/ceo: form 990 for other similar organizations, written employment contracts and independent compensation surveys.

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

The board of directors meets annually to determine the compensation and benefits package of the organization's key employees. The board and compensation committee review the following to establish compensation of the key employees: form 990 for other similar organizations, written employment contracts and independent compensation surveys.

Form 990, Page 6, Part VI, Line 19

Caring voice makes its governing documents and conflict of interest policy available to the public upon request. The audited financial statements and annual 990 filings are available on the caring voice website at www.caringvoice.org.

Filing and Contact Details

Filer

Filer Name
Caring Voice Coalition Inc
EIN
26-0058446
Phone
8044276468
Address
4701 COX ROAD 400, GLEN ALLEN, VA 23060

Signing Officer

Name
Gregory Smiley
Title
President/CEO
Phone
8044276468
Signed
2020-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Smiley
Formed
2003
Legal Domicile
Id
Voting Board Members
4
Independent Board Members
3
Employees
0

Preparer

Firm
Meadows Urquhart Acree & Cook Llp
Address
1802 BAYBERRY CT 102, RICHMOND, VA 23226-3773
Preparer
David C Acree CPA
Phone
8042495786
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

The organization has ceased operations as of june 30, 2019.

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

Disability assistance - caring voice coalition's disability program offers direct assistance and resource support to patients and caregivers navigating the complex process of applying for supplemental security income (ssi) and social security disability insurance (ssdi) benefits. The team, including a licensed disability attorney and a group of specially trained advocates, aims to secure the fastest approval of financial benefits, including any back pay the client may be entitled to, with as little stress as possible for the client. Beyond the financial scope of a disability approval, we aim to support the client in every aspect of their disability claim. Caring voice coalition advocates ensure their clients understand the entire disability process, including insurance benefits provided with disability approval, opportunities and guidelines surrounding any future return to work, and information for representative payee or organizational payee requirements.

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

Patient support program - caring voice coalition's health insurance counseling program offers direct assistance to eligible patients and their families as they navigate the complex health insurance benefits system. We help identify new or better sources of health coverage and make every effort to help you understand how they work. Caring voice coalition's travel program helps patients with certain conditions cover costs of travel related to eligible medical appointments or participation in clinical trials. To be eligible for assistance, applicants must be a u.s. Resident diagnosed with and traveling as part of a program for one of the designated conditions. Living with a chronic illness, patients often experience any number of roadblocks or confusion outside of the realm of what health professionals typically address. Our patient education program identifies public and private services that can address physical and emotional needs. Additionally, caring voice coalition provides resources on its website, newsletter, magazine and print materials to spread high quality information about navigating their needs--whatever they may be.

Form 990, Part XI, Line 9

Restrictedcontributions transferred to adira -174,794 asset transferred to adira -4,932,944 total -5,107,738

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IRS990/ProgSrvcAccomActy2Grp/Desc0DISABILITY ASSISTANCE - CARING VOICE COALITION'S DISABILITY PROGRAM OFFERS DIRECT ASSISTANCE AND RESOURCE SUPPORT TO PATIENTS AND CAREGIVERS NAVIGATING THE COMPLEX PROCESS OF APPLYING FOR SUPPLEMENTAL SECURITY INCOME (SSI) AND SOCIAL SECURITY DISABILITY INSURANCE (SSDI) BENEFITS. THE TEAM, INCLUDING A LICENSED DISABILITY ATTORNEY AND A GROUP OF SPECIALLY TRAINED ADVOCATES, AIMS TO SECURE THE FASTEST APPROVAL OF FINANCIAL BENEFITS, INCLUDING ANY BACK PAY THE CLIENT MAY BE ENTITLED TO, WITH AS LITTLE STRESS AS POSSIBLE FOR THE CLIENT. BEYOND THE FINANCIAL SCOPE OF A DISABILITY APPROVAL, WE AIM TO SUPPORT THE CLIENT IN EVERY ASPECT OF THEIR DISABILITY CLAIM. CARING VOICE COALITION ADVOCATES ENSURE THEIR CLIENTS UNDERSTAND THE ENTIRE DISABILITY PROCESS, INCLUDING INSURANCE BENEFITS PROVIDED WITH DISABILITY APPROVAL, OPPORTUNITIES AND GUIDELINES SURROUNDING ANY FUTURE RETURN TO WORK, AND INFORMATION FOR REPRESENTATIVE PAYEE OR ORGANIZATIONAL PAYEE REQUIREMENTS.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0GREGORY SMILEY SERVES AS THE CHIEF EXECUTIVE OFFICER OF THE SUCCESSOR ORGANIZATION. HE RECEIVES COMPENSATION FROM THAT ORGANIZATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PART II, PAGE 2, LINE 2E
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS CEASED OPERATIONS AS OF JUNE 30, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISABILITY ASSISTANCE - CARING VOICE COALITION'S DISABILITY PROGRAM OFFERS DIRECT ASSISTANCE AND RESOURCE SUPPORT TO PATIENTS AND CAREGIVERS NAVIGATING THE COMPLEX PROCESS OF APPLYING FOR SUPPLEMENTAL SECURITY INCOME (SSI) AND SOCIAL SECURITY DISABILITY INSURANCE (SSDI) BENEFITS. THE TEAM, INCLUDING A LICENSED DISABILITY ATTORNEY AND A GROUP OF SPECIALLY TRAINED ADVOCATES, AIMS TO SECURE THE FASTEST APPROVAL OF FINANCIAL BENEFITS, INCLUDING ANY BACK PAY THE CLIENT MAY BE ENTITLED TO, WITH AS LITTLE STRESS AS POSSIBLE FOR THE CLIENT. BEYOND THE FINANCIAL SCOPE OF A DISABILITY APPROVAL, WE AIM TO SUPPORT THE CLIENT IN EVERY ASPECT OF THEIR DISABILITY CLAIM. CARING VOICE COALITION ADVOCATES ENSURE THEIR CLIENTS UNDERSTAND THE ENTIRE DISABILITY PROCESS, INCLUDING INSURANCE BENEFITS PROVIDED WITH DISABILITY APPROVAL, OPPORTUNITIES AND GUIDELINES SURROUNDING ANY FUTURE RETURN TO WORK, AND INFORMATION FOR REPRESENTATIVE PAYEE OR ORGANIZATIONAL PAYEE REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PATIENT SUPPORT PROGRAM - CARING VOICE COALITION'S HEALTH INSURANCE COUNSELING PROGRAM OFFERS DIRECT ASSISTANCE TO ELIGIBLE PATIENTS AND THEIR FAMILIES AS THEY NAVIGATE THE COMPLEX HEALTH INSURANCE BENEFITS SYSTEM. WE HELP IDENTIFY NEW OR BETTER SOURCES OF HEALTH COVERAGE AND MAKE EVERY EFFORT TO HELP YOU UNDERSTAND HOW THEY WORK. CARING VOICE COALITION'S TRAVEL PROGRAM HELPS PATIENTS WITH CERTAIN CONDITIONS COVER COSTS OF TRAVEL RELATED TO ELIGIBLE MEDICAL APPOINTMENTS OR PARTICIPATION IN CLINICAL TRIALS. TO BE ELIGIBLE FOR ASSISTANCE, APPLICANTS MUST BE A U.S. RESIDENT DIAGNOSED WITH AND TRAVELING AS PART OF A PROGRAM FOR ONE OF THE DESIGNATED CONDITIONS. LIVING WITH A CHRONIC ILLNESS, PATIENTS OFTEN EXPERIENCE ANY NUMBER OF ROADBLOCKS OR CONFUSION OUTSIDE OF THE REALM OF WHAT HEALTH PROFESSIONALS TYPICALLY ADDRESS. OUR PATIENT EDUCATION PROGRAM IDENTIFIES PUBLIC AND PRIVATE SERVICES THAT CAN ADDRESS PHYSICAL AND EMOTIONAL NEEDS. ADDITIONALLY, CARING VOICE COALITION PROVIDES RESOURCES ON ITS WEBSITE, NEWSLETTER, MAGAZINE AND PRINT MATERIALS TO SPREAD HIGH QUALITY INFORMATION ABOUT NAVIGATING THEIR NEEDS--WHATEVER THEY MAY BE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DIRECTOR OF FINANCE AND PRESIDENT REVIEW THE 990 TOGETHER AND PRESENT IT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY IS UPDATED AT THE BEGINNING OF EACH FISCAL YEAR. EACH DIRECTOR, PRINCIPAL OFFICER, MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, KEY EMPLOYEES AND PROGRAM/DEPARTMENT DIRECTOR IS REQUIRED TO REVIEW AND SIGN THE POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS MEETS ANNUALLY TO DETERMINE THE COMPENSATION AND BENEFITS PACKAGE OF THE ORGANIZATION'S CEO. THE BOARD AND COMPENSATION COMMITTEE REVIEW THE FOLLOWING TO ESTABLISH COMPENSATION OF THE PRESIDENT/CEO: FORM 990 FOR OTHER SIMILAR ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACTS AND INDEPENDENT COMPENSATION SURVEYS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS MEETS ANNUALLY TO DETERMINE THE COMPENSATION AND BENEFITS PACKAGE OF THE ORGANIZATION'S KEY EMPLOYEES. THE BOARD AND COMPENSATION COMMITTEE REVIEW THE FOLLOWING TO ESTABLISH COMPENSATION OF THE KEY EMPLOYEES: FORM 990 FOR OTHER SIMILAR ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACTS AND INDEPENDENT COMPENSATION SURVEYS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CARING VOICE MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS AND ANNUAL 990 FILINGS ARE AVAILABLE ON THE CARING VOICE WEBSITE AT WWW.CARINGVOICE.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8RESTRICTEDCONTRIBUTIONS TRANSFERRED TO ADIRA -174,794 ASSET TRANSFERRED TO ADIRA -4,932,944 TOTAL -5,107,738
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/USAddress/AddressLine1Txt04701 COX RD 400
IRS990/USAddress/CityNm0RICHMOND
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY SMILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08044276468
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARING VOICE COALITION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O HANCOCK DANIEL & JOHNSON PC
ReturnHeader/Filer/BusinessNameControlTxt0CARI
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ReturnHeader/Filer/USAddress/CityNm0GLEN ALLEN
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02020-09-23
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ReturnHeader/FilingSecurityInformation/IPTm010:15:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201485301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MEADOWS URQUHART ACREE & COOK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01802 BAYBERRY CT 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0232263773
ReturnHeader/PreparerPersonGrp/PhoneNum08042495786
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID C ACREE CPA
ReturnHeader/ReturnTs02020-09-23T10:15:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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