Civic Intelligence

The Ark of Sc

990 • Fiscal year 2022 • EIN 47-1350098

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

PO Box 1540Summerville, SC 29484

(843) 471-1360

Siviq Scores

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

Liabilities / Assets

89th percentile

0.58x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.67x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

40th percentile

1.1%

Higher net margin than 40% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$0

Higher top officer pay than 53% of similar nonprofits.

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

49th percentile

1.4%

Faster asset growth than 49% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

39th percentile

0.0%

Faster revenue growth than 39% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$735,066

Up $10,251 (+1.4%) from 2021

Net Assets

Up

$308,624

Up $21,696 (+7.6%) from 2021

Liabilities

Down

$426,442

Down $11,445 (-2.6%) from 2021

Revenue

Up

$636,623

Up $248 (+0.0%) from 2021

Expenses

Up

$629,705

Up $36,665 (+6.2%) from 2021

Net Income

Down

$6,918

Down $36,417 (-84%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $51,711Liabilities 2015: $0Net Assets 2015: $51,7112015Assets 2016: $206,570Liabilities 2016: $0Net Assets 2016: $206,5702016Assets 2017: $260,895Liabilities 2017: $7,729Net Assets 2017: $253,1662017Assets 2018: $83,292Liabilities 2018: $8,142Net Assets 2018: $75,1502018Assets 2019: $247,797Liabilities 2019: $14,397Net Assets 2019: $233,4002019Assets 2020: $751,337Liabilities 2020: $454,120Net Assets 2020: $297,2172020Assets 2021: $724,815Liabilities 2021: $437,887Net Assets 2021: $286,9282021Assets 2022: $735,066Liabilities 2022: $426,442Net Assets 2022: $308,6242022Assets 2023: $584,762Liabilities 2023: $434,199Net Assets 2023: $150,5632023Assets 2024: $570,356Liabilities 2024: $447,791Net Assets 2024: $122,5652024Assets 2025: $649,869Liabilities 2025: $420,739Net Assets 2025: $229,1302025

Highlighted filing

2022

Assets$735,066
Liabilities$426,442
Net Assets$308,624

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $312,973Expenses 2015: $339,415Net Income 2015: -$26,4422015Revenue 2016: $301,022Expenses 2016: $339,446Net Income 2016: -$38,4242016Revenue 2017: $413,541Expenses 2017: $364,114Net Income 2017: $49,4272017Revenue 2018: $461,017Expenses 2018: $579,368Net Income 2018: -$118,3512018Revenue 2019: $702,289Expenses 2019: $530,096Net Income 2019: $172,1932019Revenue 2020: $425,359Expenses 2020: $458,381Net Income 2020: -$33,0222020Revenue 2021: $636,375Expenses 2021: $593,040Net Income 2021: $43,3352021Revenue 2022: $636,623Expenses 2022: $629,705Net Income 2022: $6,9182022Revenue 2023: $512,177Expenses 2023: $691,699Net Income 2023: -$179,5222023Revenue 2024: $585,115Expenses 2024: $642,788Net Income 2024: -$57,6732024Revenue 2025: $739,442Expenses 2025: $617,037Net Income 2025: $122,4052025

Highlighted filing

2022

Revenue$636,623
Expenses$629,705
Net Income$6,918
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$636,623
Mission and Program Overview

Mission

To provide hope and relief to families living with Alzheimers Disease or a Related Dementia (ADRD) through support services such as respite care, support groups, education, caregiver consultations, resource referrals and community development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$513,372$552,127▲ $38,755
Savings and Temporary Cash Investments$197,552$155,109▼ $42,443
Cash and Non-Interest-Bearing Accounts$13,891$27,830▲ $13,939
Total Assets$724,815$735,066▲ $10,251
Liabilities
Mortgage Notes Payable Secured by Investment Property$285,304$276,794▼ $8,510
Unsecured Notes Loans Payable$149,900$149,648▼ $252
Accounts Payable and Accrued Expenses$2,683--
Total Liabilities$437,887$426,442▼ $11,445
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$286,928$308,624▲ $21,696
Total Net Assets Fund Balance$286,928$308,624▲ $21,696
Total Liabilities and Net Assets / Fund Balance$724,815$735,066▲ $10,251

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$262,875$25,806$288,681
Land$240,000-$240,000
Other Land Buildings$49,252$37,074$37,074
Equipment-$12,074$12,074
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jillian WeatherfordBoard Chair
Matthew OroszVice Chair
Amanda LevinerDirector
Deb CampeauDirector
Ginger ArntzDirector
Harriett HolmanDirector
John ScottDirector
Pamela Goodwine-GloverDirector
Vince MartinDirector
Peggy K LahmeyerExecutive Director
Doug WarrenSecretary
Terry CunninghamTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$536,924
Program Service Revenue
$91,704
Investment Income
$2,903
Other Revenue
$5,092
All Other Contributions
$171,949
Change in Net Assets
$6,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$406,308
Other Expenses$223,397
Total Fundraising Expense$109,566
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$267,553$10,565$29,316$307,434
All Other Expenses$2,870$3,437$73,446$79,753
Current Officers, Directors, Trustees, and Key Employees$60,000$10,000-$70,000
Other Expenses$57,534$579$717$57,534
Payroll Taxes$25,058$1,573$2,243$28,874
Interest$16,801$4,343$1,113$22,257
Depreciation Depletion$20,347--$20,347
Insurance$7,833$2,942$1,276$12,051
Information Technology$5,772$396$723$6,891
Office Expenses$5,167--$5,167
Travel$3,805-$362$4,167
Conferences and Meetings$3,524--$3,524
Advertising$3,464--$3,464
Fees for Services Accounting-$1,930-$1,930
Total Functional Expenses$493,314$26,825$109,566$629,705
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dwtas----
Race----
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
Backup withholding compliance
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 governing body review Part VI line 11

Once prepared, the governing body is provided a copy of the 990 for review.

Conflict of interest policy compliance Part VI line 12C

The conflict of interest policy is adhered to and reviewed anually. Officers, directors and employees are required to disclose any conflicts of interests, or confirm that they have no conflicts of interest.

CEO executive director top management comp Part VI line 15A

The board reviews published salary ranges of executive directors of similar organizations within our region.

Other officer or key employee compensation Part VI line 15B

The board reviews published salary ranges for employees in similar positions within our region.

Governing documents etc available to public Part VI line 19

All governing documents and reports are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The ARK of SC
EIN
47-1350098
Address
PO Box 1540, Summerville, SC 29484

Signing Officer

Name
Peg Lahmeyer
Title
Executive Direc
Phone
8434711360
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peggy K Lahmeyer
Formed
2015
Legal Domicile
Sc
Voting Board Members
12
Independent Board Members
12
Employees
11
Volunteers
40

Preparer

Firm
Carolina First Tax & Accounting LLC
Address
76 Worth St, Buffalo, NY 14223
Preparer
Christine Czarnik
Phone
8436958773
Supplemental Narrative

Additional Explanations

Unrelated business income explanation Part V line 3B

Lease of a portion of the building

List of other expenses Part IX line 24E

Repair & MaintenanceFundraising Event Expenses

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/FundraisingAmt1717
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0-9093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1153
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2579
IRS990/OtherExpensesGrp/ProgramServicesAmt0790
IRS990/OtherExpensesGrp/ProgramServicesAmt17649
IRS990/OtherExpensesGrp/ProgramServicesAmt25147
IRS990/OtherExpensesGrp/ProgramServicesAmt357534
IRS990/OtherExpensesGrp/TotalAmt0-8303
IRS990/OtherExpensesGrp/TotalAmt18172
IRS990/OtherExpensesGrp/TotalAmt26443
IRS990/OtherExpensesGrp/TotalAmt357534
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02243
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01573
IRS990/PayrollTaxesGrp/ProgramServicesAmt025058
IRS990/PayrollTaxesGrp/TotalAmt028874
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Peggy K Lahmeyer
IRS990/PriorPeriodAdjustmentsAmt014778
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/BusinessCd1624100
IRS990/ProgramServiceRevenueGrp/Desc0Respite Care
IRS990/ProgramServiceRevenueGrp/Desc1Training
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt052992
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt138712
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt052992
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt138712
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0576900
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0406
IRS990/PYOtherExpensesAmt0208601
IRS990/PYOtherRevenueAmt014061
IRS990/PYProgramServiceRevenueAmt045008
IRS990/PYRevenuesLessExpensesAmt043335
IRS990/PYSalariesCompEmpBnftPaidAmt0384439
IRS990/PYTotalExpensesAmt0593040
IRS990/PYTotalRevenueAmt0636375
IRS990/ReconcilationRevenueExpnssAmt06918
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt05092
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0628628
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0197552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0155109
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0633720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0621908
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0460551
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0702112
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0152921
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02571212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01403
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0406
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0603
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02633
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0406
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0603
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02633
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt05092
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt05092
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01500
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99640
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt02571212
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0633720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0621908
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0460551
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0702112
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0152921
IRS990ScheduleA/Total509Grp/TotalAmt02571212
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0641715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0622314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0461154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0702290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0152964
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02580437
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0262875
IRS990ScheduleD/BuildingsGrp/DepreciationAmt025806
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0288681
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012074
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012074
IRS990ScheduleD/LandGrp/BookValueAmt0240000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0240000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt049252
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt037074
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt049252
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt037074
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0552127
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Race
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DWTAS
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0SC
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Lease of a portion of the building
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Once prepared, the governing body is provided a copy of the 990 for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy is adhered to and reviewed anually. Officers, directors and employees are required to disclose any conflicts of interests, or confirm that they have no conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board reviews published salary ranges of executive directors of similar organizations within our region.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board reviews published salary ranges for employees in similar positions within our region.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All governing documents and reports are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Repair & MaintenanceFundraising Event Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Unrelated business income explanation Part V line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other expenses Part IX line 24e

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