Civic Intelligence

Healing Families Foundation

990 • Fiscal year 2017 • EIN 45-3949534

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 14, 2017

2711 Colonial DriveColumbia, SC 29203

(803) 726-9457

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

7th percentile

-61%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2017

Revenue Growth

47th percentile

-0.5%

Faster revenue growth than 47% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2017

Assets

Up

$180,835

Up $56,456 (+45%) from 2014

Net Assets

Up

$180,835

Up $116,456 (+181%) from 2014

Liabilities

Down

$0

Down $60,000 (-100%) from 2014

Revenue

Down

$95,107

Down $1,331 (-1.4%) from 2014

Expenses

Up

$152,862

Up $86,202 (+129%) from 2014

Net Income

Down

-$57,755

Down $87,533 (-294%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $8,120Liabilities 2012: $02012Assets 2013: $34,602Liabilities 2013: $0Net Assets 2013: $34,6022013Assets 2014: $124,379Liabilities 2014: $60,000Net Assets 2014: $64,3792014Assets 2017: $180,835Liabilities 2017: $0Net Assets 2017: $180,8352017Assets 2018: $5,413Liabilities 2018: $0Net Assets 2018: $5,4132018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $71,648Liabilities 2020: $15,768Net Assets 2020: $55,8802020Assets 2021: $164,911Liabilities 2021: $31,949Net Assets 2021: $132,9622021Assets 2022: $172,254Liabilities 2022: $38,250Net Assets 2022: $134,0042022Assets 2023: $220,870Liabilities 2023: $69,800Net Assets 2023: $151,0702023Assets 2024: $155,796Liabilities 2024: $39,891Net Assets 2024: $115,9052024

Highlighted filing

2017

Assets$180,835
Liabilities$0
Net Assets$180,835

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $8,120Expenses 2012: $0Net Income 2012: $8,1202012Revenue 2013: $74,184Expenses 2013: $49,994Net Income 2013: $24,1902013Revenue 2014: $96,438Expenses 2014: $66,660Net Income 2014: $29,7782014Revenue 2017: $95,107Expenses 2017: $152,862Net Income 2017: -$57,7552017Revenue 2018: $75,020Expenses 2018: $250,442Net Income 2018: -$175,4222018Revenue 2019: $107,601Expenses 2019: $113,014Net Income 2019: -$5,4132019Revenue 2020: $99,779Expenses 2020: $43,899Net Income 2020: $55,8802020Revenue 2021: $135,064Expenses 2021: $57,982Net Income 2021: $77,0822021Revenue 2022: $123,294Expenses 2022: $122,252Net Income 2022: $1,0422022Revenue 2023: $114,489Expenses 2023: $97,423Net Income 2023: $17,0662023Revenue 2024: $160,684Expenses 2024: $195,849Net Income 2024: -$35,1652024

Highlighted filing

2017

Revenue$95,107
Expenses$152,862
Net Income-$57,755
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$95,107
Mission and Program Overview

Mission

To reduce addiction as a leading cause of family collapse and harm to children in richland and lexington counties. The mission is accomplished by raising support for evidence-based programs that help individuals and families and to provide assistance to indigent clients receiving services at lradac ein 57-0510076.

To reduce addiction as a leading cause of family collapse and harm to children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$233,798$180,835▼ $52,963
Pledges and Grants Receivable$11,250--
Intangible Assets$292--
Total Assets$245,340$180,835▼ $64,505
Liabilities
Deferred Revenue$6,750--
Total Liabilities$6,750$0▼ $6,750
Net Assets / Fund Balance
Temporarily Rstr Net Assets$98,912$92,632▼ $6,280
Unrestricted Net Assets$139,678$88,203▼ $51,475
Total Net Assets Fund Balance$238,590$180,835▼ $57,755
Total Liabilities and Net Assets / Fund Balance$245,340$180,835▼ $64,505
Compensation and Service Providers

Board Members and Trustees

NameTitle
Marvin RobinsonChair
Kaylee SwansonVice Chair
Amy ReevesBoard Member
Anida MimsBoard Member
Chip JohnsonBoard Member
Janice AyersBoard Member
Kirk JenkinsBoard Member
Kyle CarlsonBoard Member
Moss BlachmanBoard Member
Rebecca VanceSecretary
Brittany OwenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$95,107
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$51,997
Change in Net Assets
$-57,755

Audited Revenue Reconciliation

Revenue per Audited Statements
$95,107
Total Revenue per Audited Statements
$95,107
Total Revenue per Form 990
$95,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,291
Grants and Similar Amounts Paid$68,571
Total Fundraising Expense$3,494
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$68,571--$68,571
Fees for Services Management$32,897--$32,897
Advertising--$3,494$3,494
Fees for Services Other$2,506--$2,506
Insurance$1,417--$1,417
Fees for Services Accounting$1,400--$1,400
Other Expenses$1,356--$1,356
Depreciation Depletion$292--$292
Travel$41--$41
Total Functional Expenses$149,368$0$3,494$152,862

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$152,862
Total Expenses per Audited Statements$152,862
Total Expenses per Form 990$152,862
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
LradacColumbia, SC501c3Treatment$68,571
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The governing body was provided a copy of the return prior to filing and were given an opportunity to ask questions and receive responses to their satisfaction.

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

Board members are required to sign an annual statement stating that there is no conflict of interest. Additionally, when a conflict arises, the board member does not participate in the decision process.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Healing Families Foundation
EIN
45-3949534
Phone
8037269457
Address
2711 COLONIAL DRIVE, COLUMBIA, SC 29203
Doing Business As
Lradac Foundation

Signing Officer

Name
Wendy Hughes
Title
CFO
Phone
8037269457
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Hughes
Formed
2011
Legal Domicile
Sc
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Scott and Company LLC
Address
PO BOX 8388, COLUMBIA, SC 29202
Preparer
John M Price Jr
Phone
8032566021
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To reduce addiction as a leading cause of family collapse and harm to children in richland and lexington counties. The mission is accomplished by raising support for evidence-based progrmas that help individuals and families and to provide assistance to indigent clients receiving services at lradac ein 57-0510076.

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code (irc), though it would be subject to tax on income unrelated to its exempt purpose (unless that income is otherwise excluded by irc). The tax years ending june 30, 2016, 2015 and 2014, are open to audits for both federal and state purposes. Contributions to the foundation are tax deductible to donors under section 170 of the irc. The foundation is not classified as a private foundation. Management is not aware of any transactions or events that would disqualify its tax exempt status.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), THOUGH IT WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE (UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY IRC). THE TAX YEARS ENDING JUNE 30, 2016, 2015 AND 2014, ARE OPEN TO AUDITS FOR BOTH FEDERAL AND STATE PURPOSES. CONTRIBUTIONS TO THE FOUNDATION ARE TAX DEDUCTIBLE TO DONORS UNDER SECTION 170 OF THE IRC. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. MANAGEMENT IS NOT AWARE OF ANY TRANSACTIONS OR EVENTS THAT WOULD DISQUALIFY ITS TAX EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalRevenuePerForm990Amt095107
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TREATMENT
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IRS990ScheduleI/RecipientTable/RecipientEIN0570510076
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO REDUCE ADDICTION AS A LEADING CAUSE OF FAMILY COLLAPSE AND HARM TO CHILDREN IN RICHLAND AND LEXINGTON COUNTIES. THE MISSION IS ACCOMPLISHED BY RAISING SUPPORT FOR EVIDENCE-BASED PROGRMAS THAT HELP INDIVIDUALS AND FAMILIES AND TO PROVIDE ASSISTANCE TO INDIGENT CLIENTS RECEIVING SERVICES AT LRADAC EIN 57-0510076.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY WAS PROVIDED A COPY OF THE RETURN PRIOR TO FILING AND WERE GIVEN AN OPPORTUNITY TO ASK QUESTIONS AND RECEIVE RESPONSES TO THEIR SATISFACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL STATEMENT STATING THAT THERE IS NO CONFLICT OF INTEREST. ADDITIONALLY, WHEN A CONFLICT ARISES, THE BOARD MEMBER DOES NOT PARTICIPATE IN THE DECISION PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0WENDY HUGHES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum08037269457
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEALING FAMILIES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HEAL
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ReturnHeader/Filer/PhoneNum08037269457
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0529E9F23DE75E056111CC2DCABE58DD6AD6334A1
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571021392
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 8388
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029202
ReturnHeader/PreparerPersonGrp/PhoneNum08032566021
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN M PRICE JR

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