Civic Intelligence

Ccarc Foundation Inc.

990 • Fiscal year 2018 • EIN 26-0149896

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 18, 2019

950 Slater RdNew Britain, CT 06053

(860) 229-6665

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$180,380

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 334.5% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

72nd percentile

10%

Faster asset growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-39%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,367,525

Up $127,600 (+10%) from 2017

Net Assets

Up

$1,367,525

Up $127,600 (+10%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$53,926

Down $35,062 (-39%) from 2017

Expenses

Up

$16,386

Up $2,678 (+20%) from 2017

Net Income

Down

$37,540

Down $37,740 (-50%) from 2017

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 2011: $618,880Liabilities 2011: $0Net Assets 2011: $618,8802011Assets 2012: $801,174Liabilities 2012: $259Net Assets 2012: $800,9152012Assets 2013: $918,423Liabilities 2013: $945Net Assets 2013: $917,4782013Assets 2014: $1,075,330Liabilities 2014: $872Net Assets 2014: $1,074,4582014Assets 2015: $1,169,471Liabilities 2015: $12,701Net Assets 2015: $1,156,7702015Assets 2016: $1,167,916Liabilities 2016: $0Net Assets 2016: $1,167,9162016Assets 2017: $1,239,925Liabilities 2017: $0Net Assets 2017: $1,239,9252017Assets 2018: $1,367,525Liabilities 2018: $0Net Assets 2018: $1,367,5252018Assets 2019: $1,469,400Liabilities 2019: $13,323Net Assets 2019: $1,456,0772019Assets 2020: $1,486,210Liabilities 2020: $0Net Assets 2020: $1,486,2102020Assets 2021: $1,775,313Liabilities 2021: $0Net Assets 2021: $1,775,3132021Assets 2022: $2,930,704Liabilities 2022: $5,687Net Assets 2022: $2,925,0172022Assets 2024: $3,015,826Liabilities 2024: $13,192Net Assets 2024: $3,002,6342024

Highlighted filing

2018

Assets$1,367,525
Liabilities$0
Net Assets$1,367,525

Operations Trend

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

$500K$0-$500KExpenses 2011: $3,6322011Expenses 2012: $6,5362012Expenses 2013: $10,7452013Revenue 2014: $99,127Expenses 2014: $10,862Net Income 2014: $88,2652014Revenue 2015: $164,679Expenses 2015: $17,212Net Income 2015: $147,4672015Revenue 2016: $104,937Expenses 2016: $11,245Net Income 2016: $93,6922016Revenue 2017: $88,988Expenses 2017: $13,708Net Income 2017: $75,2802017Revenue 2018: $53,926Expenses 2018: $16,386Net Income 2018: $37,5402018Revenue 2019: $126,521Expenses 2019: $56,439Net Income 2019: $70,0822019Revenue 2020: $140,711Expenses 2020: $53,604Net Income 2020: $87,1072020Revenue 2021: $136,899Expenses 2021: $69,751Net Income 2021: $67,1482021Revenue 2022: $127,901Expenses 2022: $26,449Net Income 2022: $101,4522022Revenue 2024: $19,808Expenses 2024: $424,024Net Income 2024: -$404,2162024

Highlighted filing

2018

Revenue$53,926
Expenses$16,386
Net Income$37,540
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 18, 2019
Return Version
2017v2.3
Gross Receipts
$107,794
Mission and Program Overview

Mission

CCARC Foundation, Inc. supports the programs and goals of CCARC, Inc.

Our mission is to support the programs and goals of ccarc, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,072,857$1,179,169▲ $106,312
Land, Buildings, and Equipment, Net$124,716$118,124▼ $6,592
Cash and Non-Interest-Bearing Accounts$29,612$59,991▲ $30,379
Total Assets$1,239,925$1,367,525▲ $127,600
Other Assets Total$12,740$10,241▼ $2,499
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,015,332$1,142,932▲ $127,600
Temporarily Rstr Net Assets$135,472$135,472→ $0
Permanently Rstr Net Assets$89,121$89,121→ $0
Total Net Assets Fund Balance$1,239,925$1,367,525▲ $127,600
Total Liabilities and Net Assets / Fund Balance$1,239,925$1,367,525▲ $127,600

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$95,614$84,631$180,245
Land$22,300-$22,300
Leasehold Improvements$210$6,490$6,700

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,153,389-▲ $67,898-$1,221,287
2016$996,529$53,441▲ $103,419-$1,153,389
2015$959,475$30,000▲ $7,054-$996,529
2014$908,597$55,000▼ $4,122-$959,475
2013$750,589$54,106▲ $103,902-$908,597
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cathy VacchelliPresident
Richard JuddVice President
Charles BoosDirector
Gregory StafstromDirector
Janice MazadoorianDirector
Jean PlocharczykDirector
Justine MoriartyDirector
Paul SalinaDirector
Roderick BrownDirector
Scott BoosDirector
Ernestine WeaverOutgoing Director
Harry SitilidesOutgoing Director
Joseph HarperOutgoing Director
Anne RuwetChief Executive Officer
Mary Jean AgostiniSecretary
Michael CarrierTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,173
Program Service Revenue
$0
Investment Income
$28,082
Other Revenue
$10,671
All Other Contributions
$15,173
Change in Net Assets
$37,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,386
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-$13,636-$13,636
Fees for Services Accounting-$2,750-$2,750
Total Functional Expenses$0$16,386$0$16,386
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Charles boos is scott boos' father.

Form 990, Part VI, Section B, Line 11B

Once form 990 is completed by the contracted accounting firm, it is provided to the ceo prior to irs filing. The ceo and vp of finance of ccarc, inc. Review the 990. The 990 is distributed to the ccarc audit committee prior to filing.

Form 990, Part VI, Section B, Line 12C

Each board member must complete the conflict of interest questionnaire annually. The board reviews the responses and determines whether the disclosed interests may result in a conflict of interest. After investigation, the board will determine whether to authorize or reject any transaction. If the transaction is authorized, the board ensures safeguards are in place to protect the interests of the ccarc foundation.

Form 990, Part VI, Section B, Line 15

There is no compensation by foundation.

Form 990, Part VI, Section C, Line 19

All governing documents, policies and financial statements are available to the public upon request. Form 990 is also available through guidestar.org.

Filing and Contact Details

Filer

Filer Name
Ccarc Foundation Inc
EIN
26-0149896
Phone
8602296665
Address
950 SLATER RD, NEW BRITAIN, CT 06053

Signing Officer

Name
Anne Ruwet
Title
Chief Executive Officer
Phone
8602296665
Signed
2019-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Ruwet
Formed
2006
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Paul Ballasy
Phone
9592007000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of property between related parties 38,415.

FORM 990 PART XII LINE 2C:

There have been no changes made to the organization's oversight or selection process during the tax year.

Financial Statement Notes

PART V, LINE 4:

The endowment is used to generate income to be used to support ccarc's exempt purpose.

PART X, LINE 2:

The organization has no unrecognized tax benefits at june 30, 2018 and 2017. The organization's federal and state information returns prior to fiscal year 2015 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If the organization had unrelated business income taxes, it would recognize interest and penalties associated with any tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the consolidated statements of financial position.

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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012740
IRS990/OtherAssetsTotalGrp/EOYAmt010241
IRS990/OtherChangesInNetAssetsAmt038415
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt089121
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt089121
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANNE RUWET
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt018830
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt059486
IRS990/PYOtherExpensesAmt013708
IRS990/PYOtherRevenueAmt010672
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt075280
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt013708
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt088988
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt037540
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt010671
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE FOUNDATION HAS RECEIVED FUNDS THROUGH THE FOUNDATION ENDOWMENT CAMPAIGN.THE FOUNDATION BOARD HAS BEEN DEVELOPING A PLANNED GIVING CAMPAIGN. DONORS WHO HAVE THE POTENTIAL TO ACKNOWLEDGE THE FOUNDATION IN THEIR WILLS AND ESTATES HAVE BEEN IDENTIFIED AND ARE BEING DEVELOPED. IT IS CLEAR THAT THE EFFORTS MADE BY THE FOUNDATION BOARD IN DEVELOPING A WELL- ORGANIZED PLANNING GIVING CAMPAIGN WITH A LEGACY SOCIETY AND PLANNED GIFTS MAY TAKE YEARS TO REAP A BENEFIT. ALSO STARTING IN FISCAL YEAR 2019, THE FOUNDATION WILL CONDUCT AN ANNUAL CAMPAIGN FOR THE BENEFIT OF CCARC. THE EXPECTED ANNUAL SUPPORT FROM THE GENERAL PUBLIC IS EXPECTED TO BE APPROXIMATELY $40,000. AS A RESULT, IT IS PROJECTED THAT IN TWO YEARS THE PUBLIC SUPPORT PERCENTAGE SHOULD BE GREATER THAN 33 1/3%.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt015173
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt018830
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt056284
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0168242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt068691
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt077486
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt090108
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0127854
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt058048
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0422187
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.25410
IRS990ScheduleA/PublicSupportPY170Pct00.30260
IRS990ScheduleA/PublicSupportTotal170Amt0150051
IRS990ScheduleA/SubstantialContributorsTotAmt018191
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt015173
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018830
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt025302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt056284
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052653
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0168242
IRS990ScheduleA/TotalSupportAmt0590429
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.87300
IRS990ScheduleD/BuildingsGrp/BookValueAmt095614
IRS990ScheduleD/BuildingsGrp/DepreciationAmt084631
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0180245
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01153389
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01221287
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt067898
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0996529
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt053441
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01153389
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0103419
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0959475
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt030000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0996529
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07054
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0908597
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt055000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0959475
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4122
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0750589
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt054106
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0908597
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0103902
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt022300
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt022300
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0210
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06490
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06700
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.07300
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT IS USED TO GENERATE INCOME TO BE USED TO SUPPORT CCARC'S EXEMPT PURPOSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2018 AND 2017. THE ORGANIZATION'S FEDERAL AND STATE INFORMATION RETURNS PRIOR TO FISCAL YEAR 2015 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE ORGANIZATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.05400
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0118124
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0149559
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt013917
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012542
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt04362
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANNE RUWET
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180380
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARLES BOOS IS SCOTT BOOS' FATHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONCE FORM 990 IS COMPLETED BY THE CONTRACTED ACCOUNTING FIRM, IT IS PROVIDED TO THE CEO PRIOR TO IRS FILING. THE CEO AND VP OF FINANCE OF CCARC, INC. REVIEW THE 990. THE 990 IS DISTRIBUTED TO THE CCARC AUDIT COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER MUST COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE BOARD REVIEWS THE RESPONSES AND DETERMINES WHETHER THE DISCLOSED INTERESTS MAY RESULT IN A CONFLICT OF INTEREST. AFTER INVESTIGATION, THE BOARD WILL DETERMINE WHETHER TO AUTHORIZE OR REJECT ANY TRANSACTION. IF THE TRANSACTION IS AUTHORIZED, THE BOARD ENSURES SAFEGUARDS ARE IN PLACE TO PROTECT THE INTERESTS OF THE CCARC FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE IS NO COMPENSATION BY FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE THROUGH GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER OF PROPERTY BETWEEN RELATED PARTIES 38,415.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990 PART XII LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.02$0.01$3.00$0.02$0.42$0.40
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.93$0.01$2.93$0.13$0.03$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.00$1.78$0.14$0.07$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.00$1.49$0.14$0.05$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.01$1.46$0.13$0.06$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.05$0.02$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.09$0.01$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.00$1.17$0.10$0.01$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$0.16$0.02$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.07$0.10$0.01$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.00