Civic Intelligence

Carrol Haven Achieving New Growth Experiences Inc

990 • Fiscal year 2018 • EIN 52-0888824

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 06, 2018

115 Stoner AvenueWestminster, MD 21157

(410) 876-2179

Siviq Scores

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

Liabilities / Assets

61st percentile

0.26x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

46th percentile

0.14x

Higher debt load relative to revenue than 46% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

61st percentile

7.0%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$166,421

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

60th percentile

4.3%

Faster asset growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

4.6%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,636,978

Up $109,826 (+4.3%) from 2017

Net Assets

Up

$1,940,617

Up $365,518 (+23%) from 2017

Liabilities

Down

$696,361

Down $255,692 (-27%) from 2017

Revenue

Up

$4,939,030

Up $218,277 (+4.6%) from 2017

Expenses

Down

$4,592,621

Down $35,428 (-0.8%) from 2017

Net Income

Up

$346,409

Up $253,705 (+274%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,897,877Liabilities 2011: $1,503,752Net Assets 2011: $1,394,1252011Assets 2012: $2,131,028Liabilities 2012: $526,952Net Assets 2012: $1,604,0762012Assets 2013: $2,176,441Liabilities 2013: $528,631Net Assets 2013: $1,647,8102013Assets 2014: $2,226,080Liabilities 2014: $535,566Net Assets 2014: $1,690,5142014Assets 2015: $2,236,549Liabilities 2015: $597,232Net Assets 2015: $1,639,3172015Assets 2016: $2,397,812Liabilities 2016: $978,190Net Assets 2016: $1,419,6222016Assets 2017: $2,527,152Liabilities 2017: $952,053Net Assets 2017: $1,575,0992017Assets 2018: $2,636,978Liabilities 2018: $696,361Net Assets 2018: $1,940,6172018Assets 2019: $2,778,679Liabilities 2019: $751,343Net Assets 2019: $2,027,3362019

Highlighted filing

2018

Assets$2,636,978
Liabilities$696,361
Net Assets$1,940,617

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $4,073,2852011Expenses 2012: $4,219,6932012Expenses 2013: $4,462,3122013Revenue 2014: $4,233,256Expenses 2014: $4,364,745Net Income 2014: -$131,4892014Revenue 2015: $4,536,871Expenses 2015: $4,635,499Net Income 2015: -$98,6282015Revenue 2016: $4,502,659Expenses 2016: $4,948,315Net Income 2016: -$445,6562016Revenue 2017: $4,720,753Expenses 2017: $4,628,049Net Income 2017: $92,7042017Revenue 2018: $4,939,030Expenses 2018: $4,592,621Net Income 2018: $346,4092018Revenue 2019: $4,901,309Expenses 2019: $4,796,863Net Income 2019: $104,4462019

Highlighted filing

2018

Revenue$4,939,030
Expenses$4,592,621
Net Income$346,409
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 6, 2018
Return Version
2017v2.3
Gross Receipts
$7,118,772
Mission and Program Overview

Mission

Our mission is to promote the dignity, self-reliance, health, productivity and community membership for people with developmental disabilities. We offer caring and flexible administration of day habilitation, vocational and support services which are designed with and implemented for each individual.

Change, inc. Partners with and supports individuals with disabilities to achieve community integration and independence through personal choices.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,136,396$1,253,772▲ $117,376
Investments in Publicly Traded Securities$1,035,304$1,119,602▲ $84,298
Accounts Receivable$88,769$118,057▲ $29,288
Pledges and Grants Receivable$110,000--
Prepaid Expenses and Deferred Charges$39,397$37,253▼ $2,144
Savings and Temporary Cash Investments$21,409$30,480▲ $9,071
Cash and Non-Interest-Bearing Accounts$1,334$8,902▲ $7,568
Inventories for Sale or Use$445$75▼ $370
Total Assets$2,527,152$2,636,978▲ $109,826
Other Assets Total$94,098$68,837▼ $25,261
Liabilities
Unsecured Notes Loans Payable$440,000$430,000▼ $10,000
Accounts Payable and Accrued Expenses$246,850$208,442▼ $38,408
Deferred Revenue$210,172$23,318▼ $186,854
Mortgage Notes Payable Secured by Investment Property$32,717$23,279▼ $9,438
Other Liabilities$22,314$11,322▼ $10,992
Total Liabilities$952,053$696,361▼ $255,692
Net Assets / Fund Balance
Unrestricted Net Assets$1,308,095$1,739,456▲ $431,361
Temporarily Rstr Net Assets$267,004$201,161▼ $65,843
Total Net Assets Fund Balance$1,575,099$1,940,617▲ $365,518
Total Liabilities and Net Assets / Fund Balance$2,527,152$2,636,978▲ $109,826

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$788,278$1,404,633$2,192,911
Other Land Buildings$173,160$412,467$585,627
Land$260,000-$260,000
Equipment$32,334$108,222$140,556

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$113,316$989,732▲ $47,337-$1,150,385
2017$104,933$3,700▲ $4,623-$113,316
2016$147,426$1,110▲ $7,943$51,486$104,933
2015$99,017$51,909▼ $3,500-$147,426
2014$80,657$1,956▲ $16,404-$99,017
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael ShriverCEOFT$147,251$19,170$166,421
Jodi W Jones CPADirector ofFT$76,088$5,135$81,223

Board Members and Trustees

NameTitle
Keith PetersonPresident
Linda RyanDirector
Mary HonemanDirector
Stephanie CarpegnaDirector
Marriah BarnettSecretary
Robert ZgorskiTreasurer
Elizabeth GalaidaVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$711,967
Program Service Revenue
$4,149,452
Investment Income
$34,112
Other Revenue
$43,499
All Other Contributions
$194,326
Change in Net Assets
$346,409

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,939,030
Revenue Not Reported on Form 990
$70,856
Total Revenue per Audited Statements
$5,009,886
Total Revenue per Form 990
$4,939,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,597,034
Other Expenses$995,587
Total Fundraising Expense$47,817
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,176,858$345,483$42,764$2,565,105
Other Employee Benefits$451,015$83,962$500$535,477
Current Officers, Directors, Trustees, and Key Employees-$255,006-$255,006
Payroll Taxes$158,826$47,561$3,000$209,387
Depreciation Depletion$144,439$7,105-$151,544
Office Expenses$69,010$13,859$1,340$84,209
Occupancy$63,052$1,089-$64,141
All Other Expenses$27,935$11,513$213$39,661
Information Technology$22,912$11,490-$34,402
Pension Plan Contributions$26,562$5,497-$32,059
Fees for Services Other$23,835$6,241-$30,076
Insurance$21,843$3,196-$25,039
Other Expenses$7,754$13,584-$21,338
Fees for Services Accounting-$19,460-$19,460
Interest$3,583$2,468-$6,051
Fees for Services Legal-$5,136-$5,136
Travel$657$48-$705
Total Functional Expenses$3,712,106$832,698$47,817$4,592,621

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,644,368
Expenses per Audited Statements$4,592,621
Total Expenses per Form 990$4,592,621
Expenses Not Reported on Form 990$51,747
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$27,332
Fundraising Direct Expenses$23,481
Gaming Gross Income$17,220
Gaming Direct Expenses$1,056
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Golf Tou$74,621$17,205$60$17,145
Crab-a-palooza$12,000$10,127-$10,127
Total Events$86,621$27,332$23,481$3,851
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligations$11,322
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

The finance committee receives a draft version of the form 990 that is reviewed and submitted to the board of directors to be approved before a final form 990 is filed with the irs.

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

The organization requires all directors, officers, and key employees to review conflict of interest policies and sign annual disclosure statements.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews and approves ceo compensation on an annual basis. The ceo determines compensation for key employee positions.

Form 990, Page 6, Part VI, Line 15B

The board of directors review compensation of officers of organizations with comparable budgets reported on the guidestar website.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Change Inc
EIN
52-0888824
Phone
4108762179
Address
115 STONER AVENUE, WESTMINSTER, MD 21157

Signing Officer

Name
Michael Shriver
Title
CEO
Phone
4108762179
Signed
2018-12-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Shriver
Formed
1954
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
195
Volunteers
10

Preparer

Firm
Rlh Cpas & Business Advisors LLC
Address
205 EAST MAIN STREET, WESTMINSTER, MD 21157-5227
Preparer
Wanda K Lynn CPA
Phone
4108763990
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Special events reported as net on the 990 and gross on f/s 24,537 loss on equipment disposal 1,010 special events reported as net on the 990 and gross on f/s -24,537 loss on equipment disposal -1,010

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

There are four quasi-endowment funds maintained by the organization: 1) a general endowment fund for the purpose of providing support for the programs, client services, and the overall operations of the organization, 2) a general reserve fund endowment to be used by the organization when needed, 3) an endowment designated for the purchase of facilities and equipment, and 4) an endowment for use to cover expenditures for the respite inn.

Schedule D, Page 3, Part X

The organization is incorporated under the laws of the state of maryland as a nonprofit organization. The organization has elected under provisions of internal revenue code section 501(c)(3) and state income tax statutes to be excluded from taxes on exempt function income. Therefore, no provision is made for taxes on income.

Schedule D, Page 4, Part XI, Line 2D

Special events reported as net on the 990 and gross on f/s 24,537 loss on equipment disposal 1,010

Schedule D, Page 4, Part XII, Line 2D

Special events reported as net on the 990 and gross on f/s 24,537 loss on equipment disposal 1,010

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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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