Civic Intelligence

Loving Care Inc

990 • Fiscal year 2015 • EIN 30-0047092

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 05, 2016

9105 Kingdom WayLouisville, KY 40291

(502) 239-6739

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

24th percentile

-7.2%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

1st percentile

-92%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

74th percentile

20%

Faster revenue growth than 74% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,058

Down $55,996 (-92%) from 2014

Net Assets

Down

$5,058

Down $55,996 (-92%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$779,404

Up $128,106 (+20%) from 2014

Expenses

Up

$835,400

Up $179,495 (+27%) from 2014

Net Income

Down

-$55,996

Down $51,389 (-1115%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $456,274Liabilities 2011: $456,274Net Assets 2011: $02011Assets 2012: -$4,208Liabilities 2012: $0Net Assets 2012: -$4,2082012Assets 2013: $65,661Liabilities 2013: $0Net Assets 2013: $65,6612013Assets 2014: $61,054Liabilities 2014: $0Net Assets 2014: $61,0542014Assets 2015: $5,058Liabilities 2015: $0Net Assets 2015: $5,0582015

Highlighted filing

2015

Assets$5,058
Liabilities$0
Net Assets$5,058

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $522,2312011Expenses 2012: $563,5362012Revenue 2013: $564,321Expenses 2013: $494,452Net Income 2013: $69,8692013Revenue 2014: $651,298Expenses 2014: $655,905Net Income 2014: -$4,6072014Revenue 2015: $779,404Expenses 2015: $835,400Net Income 2015: -$55,9962015

Highlighted filing

2015

Revenue$779,404
Expenses$835,400
Net Income-$55,996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 5, 2016
Return Version
2015v2.1
Gross Receipts
$779,404
Mission and Program Overview

Mission

Loving Care, INC is a non profit. We currently provide housing and living services for intellectually disabled individuals in the Kentucky area. We love what we do and look forward to continuing to provide great services to great individuals.

Loving Care, INC is a non profit. We provide housing and living services for intellectually disabled individuals from the Kentucky area. We are governed by a board of directors. We are monitored by medicade and Kentucky's department DDID.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$61,054$5,058▼ $55,996
Rtn Earn Endowment Incm Other Fnds$61,054$5,058▼ $55,996
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Loans From Officers Directors-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$61,054$5,058▼ $55,996
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$0-
Grants Payable-$0-
Mortgage Notes Payable Secured by Investment Property-$0-
Unsecured Notes Loans Payable-$0-
Deferred Revenue-$0-
Escrow Account Liability-$0-
Tax Exempt Bond Liabilities-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$61,054$5,058▼ $55,996
Total Liabilities and Net Assets / Fund Balance$61,054$5,058▼ $55,996
Compensation and Service Providers

Board Members and Trustees

NameTitle
Peggy Spears DavisChairman of the Board
Bob RaderBoard Member
Phyliss RaderBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$779,404
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-55,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$576,582
Salaries, Compensation, and Employee Benefits$258,818
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$306,762--$306,762
Occupancy$162,000--$162,000
Other Salaries and Wages$87,683--$87,683
Current Officers, Directors, Trustees, and Key Employees$85,000--$85,000
Other Employee Benefits$63,400--$63,400
Office Expenses$42,000--$42,000
Fees for Services Other$38,970--$38,970
Payroll Taxes$22,735--$22,735
Insurance$19,550--$19,550
Conferences and Meetings$4,500--$4,500
Information Technology$2,800--$2,800
Total Functional Expenses$835,400$0$0$835,400
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
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

At the first quarter meeting the board is presented with the form previous year 990 along with a budget for the current year. This meeting happens in March of each year

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

There have been no conflicts of interest. The board receives expense statements and has access to all accounts for review.

Form 990, Part VI, Section B, Line 15

The board determines the salary/wages of all key employees. This process is completed by using current wages of similar positions of management in the same field of work.

Form 990, Part VI, Section C, Line 19

Loving Care, INC has normal business hours of Monday-Friday 9A-4P. We have all supporting documentation on site for the public to access. This is done is person

Filing and Contact Details

Filer

Filer Name
Loving Care Inc
EIN
30-0047092
Phone
5022396739
Address
9105 Kingdom Way, Louisville, KY 40291

Signing Officer

Name
Isaiah Hoagland
Title
President
Phone
5029390889
Signed
2016-07-05

Organization Details

Principal Officer
Isaiah Hoagland
Formed
2001
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
9
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Loving Care's largest expenses are derived from entertaining the clients we provide services for. Each of the 15 disabled individuals are required to get out into the community at least 5 times a week to participate in community activities. This cost averages to about $1000 per person per month + the cost of employees to participate in the same activities. These activities range from going to the movies, going shopping, out to ear, travel, community get togethers, etc... We are required to provide a "good life" to each individual. Each person has goals that are determined by a team of case managers and direct support personnel. Once determined we are required to work with that individual to help them accomplish these goals. This requires a lot of expense. This particular part of our organizations expense is monitored by Kentucky's Department DDID and the Cabinet for Health and Family Services. They monitor to ensure we are in compliance with meeting each clients goals

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0At the first quarter meeting the board is presented with the form previous year 990 along with a budget for the current year. This meeting happens in March of each year
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There have been no conflicts of interest. The board receives expense statements and has access to all accounts for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The board determines the salary/wages of all key employees. This process is completed by using current wages of similar positions of management in the same field of work.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Loving Care, INC has normal business hours of Monday-Friday 9A-4P. We have all supporting documentation on site for the public to access. This is done is person
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Loving Care's largest expenses are derived from entertaining the clients we provide services for. Each of the 15 disabled individuals are required to get out into the community at least 5 times a week to participate in community activities. This cost averages to about $1000 per person per month + the cost of employees to participate in the same activities. These activities range from going to the movies, going shopping, out to ear, travel, community get togethers, etc... We are required to provide a "good life" to each individual. Each person has goals that are determined by a team of case managers and direct support personnel. Once determined we are required to work with that individual to help them accomplish these goals. This requires a lot of expense. This particular part of our organizations expense is monitored by Kentucky's Department DDID and the Cabinet for Health and Family Services. They monitor to ensure we are in compliance with meeting each clients goals
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt061054
IRS990/TotalAssetsEOYAmt05058
IRS990/TotalAssetsGrp/BOYAmt061054
IRS990/TotalAssetsGrp/EOYAmt05058
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0835400
IRS990/TotalFunctionalExpensesGrp/TotalAmt0835400
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt061054
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05058
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0779404
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0779404
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0835400
IRS990/TotalProgramServiceRevenueAmt0779404
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0779404
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0779404
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt061054
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05058
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09103 Kingdom Way
IRS990/USAddress/CityNm0Louisville
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040291
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0We have undergone some changes this year in management which caused a delay in submitting our filing. Thank you for your understanding
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Isaiah Hoagland
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05029390889
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOVING CARE INC
ReturnHeader/Filer/BusinessNameControlTxt0LOVI
ReturnHeader/Filer/EIN0300047092
ReturnHeader/Filer/PhoneNum05022396739
ReturnHeader/Filer/USAddress/AddressLine1Txt09105 Kingdom Way
ReturnHeader/Filer/USAddress/CityNm0Louisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040291
ReturnHeader/ReturnTs02016-07-05T16:32:21-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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