Civic Intelligence

Caracole Inc.

990 • Fiscal year 2020 • EIN 31-1210524

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 13, 2021

4138 Hamilton AvenueCincinnati, OH 45223

(513) 761-1480

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.08x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

14th percentile

0.04x

Higher debt load relative to revenue than 14% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

41st percentile

$150,252

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

83rd percentile

31%

Faster asset growth than 83% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,636,832

Up $2,297,573 (+53%) from 2018

Net Assets

Up

$6,125,344

Up $1,998,178 (+48%) from 2018

Liabilities

Up

$511,488

Up $299,395 (+141%) from 2018

Revenue

Up

$12,344,043

Up $7,273,427 (+143%) from 2018

Expenses

Up

$10,982,872

Up $6,370,498 (+138%) from 2018

Net Income

Up

$1,361,171

Up $902,929 (+197%) from 2018

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$0Assets 2011: $1,902,811Liabilities 2011: $337,778Net Assets 2011: $1,565,0332011Assets 2012: $2,041,951Liabilities 2012: $355,610Net Assets 2012: $1,686,3412012Assets 2013: $2,213,144Liabilities 2013: $397,521Net Assets 2013: $1,815,6232013Assets 2014: $2,303,384Liabilities 2014: $487,718Net Assets 2014: $1,815,6662014Assets 2015: $2,406,478Liabilities 2015: $292,106Net Assets 2015: $2,114,3722015Assets 2016: $2,996,746Liabilities 2016: $152,471Net Assets 2016: $2,844,2752016Assets 2017: $3,839,634Liabilities 2017: $170,710Net Assets 2017: $3,668,9242017Assets 2018: $4,339,259Liabilities 2018: $212,093Net Assets 2018: $4,127,1662018Assets 2020: $6,636,832Liabilities 2020: $511,488Net Assets 2020: $6,125,3442020Assets 2021: $7,131,053Liabilities 2021: $504,837Net Assets 2021: $6,626,2162021Assets 2024: $6,407,331Liabilities 2024: $1,623,906Net Assets 2024: $4,783,4252024

Highlighted filing

2020

Assets$6,636,832
Liabilities$511,488
Net Assets$6,125,344

Operations Trend

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

$15M$10M$5.0M$0Expenses 2011: $2,379,0582011Expenses 2012: $2,768,7502012Revenue 2013: $2,810,672Expenses 2013: $2,809,729Net Income 2013: $9432013Revenue 2014: $2,831,888Expenses 2014: $2,787,855Net Income 2014: $44,0332014Revenue 2015: $3,532,081Expenses 2015: $3,202,963Net Income 2015: $329,1182015Revenue 2016: $4,258,500Expenses 2016: $3,578,001Net Income 2016: $680,4992016Revenue 2017: $4,550,724Expenses 2017: $3,894,551Net Income 2017: $656,1732017Revenue 2018: $5,070,616Expenses 2018: $4,612,374Net Income 2018: $458,2422018Revenue 2020: $12,344,043Expenses 2020: $10,982,872Net Income 2020: $1,361,1712020Revenue 2021: $11,567,326Expenses 2021: $11,252,069Net Income 2021: $315,2572021Revenue 2024: $14,327,490Expenses 2024: $14,208,193Net Income 2024: $119,2972024

Highlighted filing

2020

Revenue$12,344,043
Expenses$10,982,872
Net Income$1,361,171
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 13, 2021
Return Version
2020v4.1
Gross Receipts
$12,377,398
Mission and Program Overview

Mission

We positively change lives in the fight against hiv/aids through prevention, housing and care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,339,646$3,869,651▲ $530,005
Accounts Receivable$1,171,594$1,321,312▲ $149,718
Cash and Non-Interest-Bearing Accounts$139,758$1,039,003▲ $899,245
Land, Buildings, and Equipment, Net$191,404$185,185▼ $6,219
Pledges and Grants Receivable$94,415$82,389▼ $12,026
Prepaid Expenses and Deferred Charges$73,224$73,235▲ $11
Inventories for Sale or Use$27,598$39,557▲ $11,959
Total Assets$5,064,139$6,636,832▲ $1,572,693
Other Assets Total$26,500$26,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$159,076$347,477▲ $188,401
Other Liabilities$140,890$164,011▲ $23,121
Total Liabilities$299,966$511,488▲ $211,522
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,619,034$5,971,492▲ $1,352,458
Net Assets With Donor Restrictions$145,139$153,852▲ $8,713
Total Net Assets Fund Balance$4,764,173$6,125,344▲ $1,361,171
Total Liabilities and Net Assets / Fund Balance$5,064,139$6,636,832▲ $1,572,693

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$137,126$29,078$166,204
Other Land Buildings$35,845$42,069$77,914
Equipment$12,214$35,051$47,265

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$3,339,646$5,649▲ $524,356-$3,869,651
2019$2,601,130$249,685▲ $488,831-$3,339,646
2018$1,750,990$740,375▼ $81,644-$2,407,513
2017$1,507,807-▲ $243,183-$1,750,990
2016$1,547,400-▲ $62,903$100,277$1,507,807
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda SeiterExecutive DirectorFT$134,652$15,600$150,252
Mark MccomasChief Financial OfficerFT$86,117-$86,117
Ellie SingletonOfficerFT$77,010-$77,010
Midge HinesOfficerFT$59,190$15,600$74,790
Rina SapersteinOfficerFT$49,120$22,100$71,220
Patricia BathOfficerFT$62,111$3,900$66,011

Board Members and Trustees

NameTitle
Don ClowePresident
Lee Ann ConardVice President
Anar PatelBoard Member
Annie Lewis MhaBoard Member
Bryan GoodpasterBoard Member
Charla B Weiss PhdBoard Member
Chris DeablerBoard Member
Chris ThalgottBoard Member
Erin DavisBoard Member
Esly S Caldwell MdBoard Member
Estelle McnairBoard Member
Heric FloresBoard Member
Jean SepateBoard Member
Jennifer Cox CdcaBoard Member
Jim GoetzBoard Member
John GillespieBoard Member
Keith Blevins-robertsBoard Member
Keith Luckett MdBoard Member
Kevin CelarekBoard Member
Lee BowerBoard Member
Mark HaggardBoard Member
Mike ButlerBoard Member
Ranisha Smith MpsBoard Member
Rayna N Moore MswBoard Member
Sean J GuilfoileBoard Member
Stephen PetersonBoard Member
Wendy CarpenterSecretary
Rick KayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,610,702
Program Service Revenue
$6,150,695
Investment Income
$524,356
Other Revenue
$58,290
All Other Contributions
$564,752
Change in Net Assets
$1,361,171

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Drugs and Medical Supplies23$63,325Cost
Other Non Cash Contri Table1$33,000Cost
Other Non Cash Contri Table1$5,241Cost
Other Non Cash Contri Table1$525Cost
Food Inventory1$281Cost
Total Noncash Contributions27$102,372-

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,344,043
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,400
Total Revenue per Audited Statements
$12,345,443
Total Revenue per Form 990
$12,344,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,364,251
Salaries, Compensation, and Employee Benefits$3,798,168
Grants and Similar Amounts Paid$1,820,453
Total Fundraising Expense$247,386
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,783,235$205,905$161,981$3,151,121
Grants to Domestic Individuals$1,820,453--$1,820,453
Other Employee Benefits$403,865$12,295$16,029$432,189
Occupancy$223,719$20,605$10,228$254,552
Payroll Taxes$158,983$-32,680$12,346$138,649
Fees for Services Other$77,367$39,620$1,647$118,634
Information Technology$93,704$9,368$5,454$108,526
Pension Plan Contributions$76,209--$76,209
All Other Expenses$42,095$9,395$16,728$68,218
Advertising$45,496$1,694$18,165$65,355
Other Expenses$34,147$4,980$1,584$40,711
Insurance$19,905$2,140$817$22,862
Depreciation Depletion-$18,211-$18,211
Travel$14,018$221$228$14,467
Interest$1,019$679-$1,698
Conferences and Meetings$1,244$172-$1,416
Total Functional Expenses$10,441,095$294,391$247,386$10,982,872

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$10,984,272
Expenses per Audited Statements$10,982,872
Total Expenses per Form 990$10,982,872
Expenses Not Reported on Form 990$1,400
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,584
Fundraising Direct Expenses$33,355
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pip Scavenger Hunt$58,577$39,077$6,904$32,173
5k and 10k for Aids$30,679$30,679$6,900$23,779
Total Events$111,084$91,584$27,966$63,618
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance - Payroll Protection Loan Payable$164,011
Governance and Compliance

Governance Checklist

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

The board receives a copy of the 990 prior to filing the return. Board members have the opportunity to ask questions and voice concerns.

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

Employees sign a conflict of interest statement when they begin employment. Board members and officers sign a conflict of interest statement annually at a board meeting. In more indirect conflict situations, a simple acknowledgement that the conflict exists is made known before voting. For more direct conflicts and any financial conflicts, a member is not allowed to vote.

Form 990, Part VI, Section B, Line 15

The executive committee discusses executive director's performance and the chair of the board delivers that evaluation to the executive director. Key employees receive an annual performance evaluation by the executive director and get the same percentage increase as all other employees. Non-profit salary information is obtained from the united way and employers resource association.

Form 990, Part VI, Section C, Line 19

Governing documents and the conflict of interest policy are available upon request. They are also provided to current and prospective funding sources when requested. The financial statements are posted on guidestar which can be accessed through the organization's website. The financials are also available upon request.

Filing and Contact Details

Filer

Filer Name
Caracole Inc
EIN
31-1210524
Phone
5137611480
Address
4138 HAMILTON AVENUE, CINCINNATI, OH 45223

Signing Officer

Name
Linda Seiter
Title
Executive Director
Phone
5137611480
Signed
2021-09-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Seiter
Formed
1987
Legal Domicile
Oh
Voting Board Members
28
Independent Board Members
28
Employees
73
Volunteers
269

Preparer

Firm
Vonlehman & Company Inc
Address
810 WRIGHTS SUMMIT PARKWAY SUITE, 300, FORT WRIGHT, KY 41011
Preparer
Stephanie Allgeyer
Phone
8593313300
Supplemental Narrative

Additional Explanations

Part XII Line 2C

The process has not changed since the prior year.

Financial Statement Notes

PART V, LINE 4:

It shall be the purpose of the fund to provide financial support for caracole to permit it to continue to meet the current, evolving and unforeseen needs of individuals affected by hiv/aids in the greater cincinnati area and to assist caracole in other charitable activities which it may from time to time undertake.

PART X, LINE 2:

The organization is an ohio nonprofit organization as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes on related income pursuant to the internal revenue code. The organization has adopted the provisions of the accounting pronouncement related to accounting for uncertainty in income taxes. The organization recognized no interest or penalties in the statements of activities for either of the years ended december 31, 2020 or 2019. If the situation arose in which the organization would have interest to recognize, it would recognize this as interest expense and penalties would be recognized in other expenses. Currently, the prior three years are open under federal and state statutes of limitations and remain subject to review and change. The organization is not currently under audit, nor has the organization been contacted by these jurisdictions. Based on evaluation of the organization's tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for either of the years ended december 31, 2020 or 2019

Part V - Endowment Fund - Beginning of Year

The prior year beginning balance (column b) does not equal the two year back ending balance (column c) due to a prior period adjustment on the form 990 reporting.

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IRS990/ActivityOrMissionDesc0WE POSITIVELY CHANGE LIVES IN THE FIGHT AGAINST HIV/AIDS THROUGH PREVENTION, HOUSING AND CARE.
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IRS990/Desc0- ON-SITE PRIMARY MEDICAL CARE THROUGH OUR PARTNER, THE CINCINNATI HEALTH NETWORK & NEW PREP CLINIC FOR HIGH-RISK POPULATIONS -SPECIALIZED CASE MANAGEMENT SERVICES FOR HIV+ INDIVIDUALS WHO INJECT DRUGS -ON-SITE AND COMMUNITY-BASED EDUCATION, PREVENTION, HEPATITIS C AND HIV TESTINGNOTEWORTHY ACTIVITIES AND OUTCOMES IN 2020 INCLUDE: A) CARACOLE SERVED 1,424 INDIVIDUALS IN CASE MANAGEMENT AND 87% OF PARTICIPANTS ACHIEVED VIRAL LOAD SUPPRESSION; B) TENANT BASED RENTAL ASSISTANCE PROVIDED RENT SUBSIDIES TO HIV+ INDIVIDUALS WHO ARE UNSTABLY HOUSED OR HOMELESS. PROGRAM INCREASED FROM 27 HOUSEHOLDS IN 2019 TO 50 HOUSEHOLDS IN 2020. EMERGENCY RENT, UTILITY AND MORTGAGE ASSISTANCE TO PREVENT HOMELESSNESS DOUBLED FROM 68 IN 2019 TO 114 IN 2020 WITH DIRECT CLIENT ASSISTANCE UP 228%; C) OUR THREE PERMANENT SUPPORTIVE HOUSING PROGRAMS SERVED 220 PEOPLE IN 175 HOUSEHOLDS IN 2020; D) 95% OF PERMANENT SUPPORTIVE HOUSING CLIENTS MAINTAINED THEIR HOUSING.
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IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN GILLESPIE
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IRS990/Form990PartVIISectionAGrp/PersonNm28LINDA SEITER
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt29CHIEF FINANCIAL OFFICER
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IRS990/Form990PartVIISectionAGrp/TitleTxt31OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt32OFFICER
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IRS990/MissionDesc0WE POSITIVELY CHANGE LIVES IN THE FIGHT AGAINST HIV/AIDS THROUGH PREVENTION, HOUSING AND CARE.
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