Civic Intelligence

Children'S Resources Inc

990 • Fiscal year 2015 • EIN 52-1379325

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 05, 2016

PO Box 1307Hagerstown, MD 21741-1307

(301) 824-7767

Siviq Scores

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

Liabilities / Assets

95th percentile

1.26x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

80th percentile

0.35x

Higher debt load relative to revenue than 80% of similar nonprofits.

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

Net Margin

65th percentile

9.5%

Higher net margin than 65% of similar nonprofits.

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

Top Officer Pay

65th percentile

$48,431

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

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

Asset Growth

63rd percentile

6.0%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

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

Assets

Up

$187,752

Up $10,685 (+6.0%) from 2014

Net Assets

Up

-$49,248

Up $63,355 (+56%) from 2014

Liabilities

Down

$237,000

Down $52,670 (-18%) from 2014

Revenue

Down

$668,931

Down $93,470 (-12%) from 2014

Expenses

Down

$605,576

Down $143,888 (-19%) from 2014

Net Income

Up

$63,355

Up $50,418 (+390%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $243,802Liabilities 2011: $296,824Net Assets 2011: -$53,0222011Assets 2012: $191,436Liabilities 2012: $294,536Net Assets 2012: -$103,1002012Assets 2013: $182,692Liabilities 2013: $308,232Net Assets 2013: -$125,5402013Assets 2014: $177,067Liabilities 2014: $289,670Net Assets 2014: -$112,6032014Assets 2015: $187,752Liabilities 2015: $237,000Net Assets 2015: -$49,2482015Assets 2016: $201,427Liabilities 2016: $202,914Net Assets 2016: -$1,4872016Assets 2017: $121,135Liabilities 2017: $165,131Net Assets 2017: -$43,9962017Assets 2018: $103,434Liabilities 2018: $207,814Net Assets 2018: -$104,3802018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2015

Assets$187,752
Liabilities$237,000
Net Assets-$49,248

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $957,339Expenses 2011: $1,074,856Net Income 2011: -$117,5172011Expenses 2012: $1,028,8762012Expenses 2013: $939,7172013Revenue 2014: $762,401Expenses 2014: $749,464Net Income 2014: $12,9372014Revenue 2015: $668,931Expenses 2015: $605,576Net Income 2015: $63,3552015Revenue 2016: $692,184Expenses 2016: $644,423Net Income 2016: $47,7612016Revenue 2017: $541,651Expenses 2017: $584,160Net Income 2017: -$42,5092017Revenue 2018: $500Expenses 2018: $60,884Net Income 2018: -$60,3842018Revenue 2019: $146,894Expenses 2019: $42,514Net Income 2019: $104,3802019

Highlighted filing

2015

Revenue$668,931
Expenses$605,576
Net Income$63,355
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 5, 2016
Return Version
2014v6.0
Gross Receipts
$668,931
Mission and Program Overview

Mission

To serve individuals who are in special need such as persons with

To serve individuals who are in special need such as persons with mild to moderate emotional disabilities, persons who are mentally and physically retarded and abused, neglected, abandoned, and adjudicated persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$54,130$77,384▲ $23,254
Land, Buildings, and Equipment, Net$84,476$77,097▼ $7,379
Cash and Non-Interest-Bearing Accounts$36,137$30,478▼ $5,659
Loans From Officers Directors$14,000$4,000▼ $10,000
Prepaid Expenses and Deferred Charges$2,324$2,793▲ $469
Total Assets$177,067$187,752▲ $10,685
Liabilities
Accounts Payable and Accrued Expenses$227,335$188,500▼ $38,835
Unsecured Notes Loans Payable$48,335$44,500▼ $3,835
Total Liabilities$289,670$237,000▼ $52,670
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,067$2,067→ $0
Unrestricted Net Assets$-114,670$-51,315▲ $63,355
Total Net Assets Fund Balance$-112,603$-49,248▲ $63,355
Total Liabilities and Net Assets / Fund Balance$177,067$187,752▲ $10,685

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$77,097$78,985$156,082
Equipment-$94,990$94,990
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John VolpeCAOFT$48,431$48,431
Bettie MooreCFOPT$20,000$20,000

Board Members and Trustees

NameTitle
Randy LoudonPresident
Eric SmithVice President
Barry TallentDirector
John SmithDirector
Kelly SchindelSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$24,965
Program Service Revenue
$643,966
Investment Income
$0
Other Revenue
$0
All Other Contributions
$24,965
Change in Net Assets
$63,355

Audited Revenue Reconciliation

Revenue per Audited Statements
$668,931
Total Revenue per Audited Statements
$668,931
Total Revenue per Form 990
$668,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$455,695
Other Expenses$149,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$304,080$25,161$0$329,241
Occupancy$63,720$6,851$0$70,571
Current Officers, Directors, Trustees, and Key Employees$51,323$17,108$0$68,431
Payroll Taxes$36,620$4,355$0$40,975
Other Employee Benefits$11,092$489$0$11,581
Office Expenses$959$10,082$0$11,041
Depreciation Depletion$6,656$722$0$7,378
Travel$6,671$0$0$6,671
Pension Plan Contributions$4,886$581$0$5,467
Other Expenses$4,748$528$0$5,276
Fees for Services Accounting$0$4,550$0$4,550
Conferences and Meetings$1,010$0$0$1,010
Total Functional Expenses$535,149$70,427$0$605,576

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$605,576
Total Expenses per Audited Statements$605,576
Total Expenses per Form 990$605,576
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-LandlordRentNo$48,550

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$14,000$4,000▼ $10,000
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
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
Filing and Contact Details

Filer

Filer Name
CHILDREN'S RESOURCES INC
EIN
52-1379325
Phone
3018247767
Address
PO BOX 1307, HAGERSTOWN, MD 21741-1307

Signing Officer

Name
Bettie Moore
Title
CFO
Phone
3018247767
Signed
2016-01-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Volpe
Formed
1985
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
14
Volunteers
0

Preparer

Firm
Cathy M Vaughn CPA LLC
Address
180 EASTERN BOULEVARD NORTH, HAGERSTOWN, MD 21740-5843
Preparer
Cathy M Vaughn CPA
Phone
3017398733
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

Minutes are taken at the board meeting

Pt VI, Line 11B

A copy of the 990 is made available upon request

Pt VI, Line 12C

Employees are required to sign statements that they

Pt VI, Line 12C

Understand the conflict of interest policy

Pt VI, Line 19

Documents are available upon request

Form 990EZ, Part I, Line 16

Professional fees client maintenance personal allowances

Form 990EZ, Part II, Line 24

Accounts receivable - net 54130. 77384. Prepaids 2324. 2793.

Form 990EZ, Part II, Line 26

Accounts payable & accrued expenses

Financial Statement Notes

Pt X, Line 2

THE CORPORATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. MANAGEMENT DOES NOT BELIEVE THAT THE CORPORATION HAS ANY UNCERTAIN TAX POSITIONS. NO INTEREST OR PENALTIES HAVE BEEN RECOGNIZED IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION OR ACTIVITIES, AND NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE YEARS ENDED JUNE 30, 2012, 2013, AND 2014 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS.

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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0668931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0762401
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0917277
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0978798
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0957339
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04284746
IRS990ScheduleA/TotalSupportAmt04284746
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/EquipmentGrp/DepreciationAmt094990
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094990
IRS990ScheduleD/ExpensesSubtotalAmt0605576
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt077097
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt078985
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0156082
IRS990ScheduleD/RevenueSubtotalAmt0668931
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND IS NOT A PRIVATE FOUNDATION. MANAGEMENT DOES NOT BELIEVE THAT THE CORPORATION HAS ANY UNCERTAIN TAX POSITIONS. NO INTEREST OR PENALTIES HAVE BEEN RECOGNIZED IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION OR ACTIVITIES, AND NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THESE FINANCIAL STATEMENTS. THE YEARS ENDED JUNE 30, 2012, 2013, AND 2014 REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt077097
IRS990ScheduleD/TotalExpensesPerForm990Amt0605576
IRS990ScheduleD/TotalRevenuePerForm990Amt0668931
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0668931
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0605576
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CHILDREN'S RESOURCES ENDOWMENT FUND INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LANDLORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt048550
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt04000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PAY EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt015000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BETTIE MOORE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CFO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt04000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINUTES ARE TAKEN AT THE BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EMPLOYEES ARE REQUIRED TO SIGN STATEMENTS THAT THEY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNDERSTAND THE CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL FEES CLIENT MAINTENANCE PERSONAL ALLOWANCES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTS RECEIVABLE - NET 54130. 77384. PREPAIDS 2324. 2793.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCOUNTS PAYABLE & ACCRUED EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02067
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02067
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0177067
IRS990/TotalAssetsEOYAmt0187752
IRS990/TotalAssetsGrp/BOYAmt0177067
IRS990/TotalAssetsGrp/EOYAmt0187752
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt024965
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070427
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0535149
IRS990/TotalFunctionalExpensesGrp/TotalAmt0605576
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0289670
IRS990/TotalLiabilitiesEOYAmt0237000
IRS990/TotalLiabilitiesGrp/BOYAmt0289670
IRS990/TotalLiabilitiesGrp/EOYAmt0237000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-112603
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-49248
IRS990/TotalProgramServiceExpensesAmt0535149
IRS990/TotalProgramServiceRevenueAmt0643966
IRS990/TotalReportableCompFromOrgAmt068431
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0643966
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0668931
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0177067
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0187752
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt06671
IRS990/TravelGrp/TotalAmt06671
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-114670
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-51315
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt048335
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt044500
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1307
IRS990/USAddress/CityNm0HAGERSTOWN
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd0217411307
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BETTIE MOORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum03018247767
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHILDREN'S RESOURCES INC
ReturnHeader/Filer/BusinessNameControlTxt0CHIL
ReturnHeader/Filer/EIN0521379325
ReturnHeader/Filer/PhoneNum03018247767
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1307

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