Civic Intelligence

Caring Hands Incorporated

990 • Fiscal year 2015 • EIN 52-1618110

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 27, 2016

41 N Philadelphia BoulevardAberdeen, MD 21001

(410) 272-4929

Siviq Scores

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

Liabilities / Assets

76th percentile

0.44x

Higher debt load relative to assets than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.20x

Higher debt load relative to revenue than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

54th percentile

3.8%

Higher net margin than 54% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

25th percentile

-7.9%

Faster revenue growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$635,181

Up $82,318 (+15%) from 2014

Net Assets

Up

$353,538

Up $65,274 (+23%) from 2014

Liabilities

Up

$281,643

Up $17,044 (+6.4%) from 2014

Revenue

Down

$1,422,160

Down $122,441 (-7.9%) from 2014

Expenses

Down

$1,368,396

Down $50,024 (-3.5%) from 2014

Net Income

Down

$53,764

Down $72,417 (-57%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $726,001Liabilities 2011: $717,258Net Assets 2011: $8,7432011Assets 2012: $353,071Liabilities 2012: $335,306Net Assets 2012: $17,7652012Assets 2013: $433,100Liabilities 2013: $268,617Net Assets 2013: $164,4832013Assets 2014: $552,863Liabilities 2014: $264,599Net Assets 2014: $288,2642014Assets 2015: $635,181Liabilities 2015: $281,643Net Assets 2015: $353,5382015Assets 2017: $736,009Liabilities 2017: $285,987Net Assets 2017: $450,0222017

Highlighted filing

2015

Assets$635,181
Liabilities$281,643
Net Assets$353,538

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,410,902Expenses 2011: $1,526,842Net Income 2011: -$115,9402011Revenue 2012: $1,392,280Expenses 2012: $1,384,286Net Income 2012: $7,9942012Revenue 2013: $1,510,422Expenses 2013: $1,368,687Net Income 2013: $141,7352013Revenue 2014: $1,544,601Expenses 2014: $1,418,420Net Income 2014: $126,1812014Revenue 2015: $1,422,160Expenses 2015: $1,368,396Net Income 2015: $53,7642015Revenue 2017: $1,295,149Expenses 2017: $1,270,984Net Income 2017: $24,1652017

Highlighted filing

2015

Revenue$1,422,160
Expenses$1,368,396
Net Income$53,764
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 27, 2016
Return Version
2014v6.0
Gross Receipts
$1,422,160
Mission and Program Overview

Mission

To provide full time residential services to individuals with developmental disabilities. The organization operates in six locations in Baltimore County and Harford County for its community based residential programs. These homes have live-in staff to assist their clients with their daily needs.

To provide full time residential services to adults with developmental disabilities. The organization operates alternative living units and group homes in six locations in baltimore city and harford county for its community based residential programs. These homes have staff to assist their clients with their daily needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$173,365$225,915▲ $52,550
Land, Buildings, and Equipment, Net$205,142$201,100▼ $4,042
Investments in Publicly Traded Securities$50,423$78,845▲ $28,422
Accounts Receivable$32,388$47,369▲ $14,981
Prepaid Expenses and Deferred Charges$18,739$6,983▼ $11,756
Total Assets$552,863$635,181▲ $82,318
Other Assets Total$72,806$74,969▲ $2,163
Liabilities
Mortgage Notes Payable Secured by Investment Property$136,210$132,093▼ $4,117
Other Liabilities$66,856$69,019▲ $2,163
Deferred Revenue$2,203$53,498▲ $51,295
Accounts Payable and Accrued Expenses$59,330$27,033▼ $32,297
Total Liabilities$264,599$281,643▲ $17,044
Net Assets / Fund Balance
Unrestricted Net Assets$288,264$353,538▲ $65,274
Total Net Assets Fund Balance$288,264$353,538▲ $65,274
Total Liabilities and Net Assets / Fund Balance$552,863$635,181▲ $82,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$152,690$54,322$207,012
Other Assets Org$74,969--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jb ReddingPresident/ce
Lisa WasmerDirector
Daniel BarnesTrustee
Steve CookSecretary
Carol DeelVP/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$1,792
Program Service Revenue
$1,410,466
Investment Income
$9,902
Other Revenue
$0
All Other Contributions
$1,792
Change in Net Assets
$53,764

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,422,160
Total Revenue per Audited Statements
$1,422,160
Total Revenue per Form 990
$1,422,160
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,038,477
Other Expenses$329,919
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$674,251$168,563-$842,814
Other Employee Benefits$94,105$23,527-$117,632
Occupancy$90,809$19,740-$110,549
Payroll Taxes$50,183$12,546-$62,729
Office Expenses$13,584$15,439-$29,023
Fees for Services Other$16,510$5,031-$21,541
Depreciation Depletion$20,238--$20,238
Insurance$13,227$3,307-$16,534
Pension Plan Contributions$12,242$3,060-$15,302
Fees for Services Accounting-$13,842-$13,842
Other Expenses$11,199$300-$11,499
Interest$10,163--$10,163
All Other Expenses$4,698--$4,698
Advertising-$1,009-$1,009
Total Functional Expenses$1,094,104$274,292$0$1,368,396

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,368,396
Total Expenses per Audited Statements$1,368,396
Total Expenses per Form 990$1,368,396
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
Lisa WasmerSonServicesNo$1,250
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Client Funds$69,019
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
Yes
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 ceo and executive director review the audited financial statements and all required filings to the state of maryland. The ceo and executive director review the 990 and discusses any differences with the audited statements with the cpa before filing.

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

At the annual meeting of the board of trustees, the board president requests that each member submit the annual disclosure statement representing areas of possible conflict or that no such conflicts exist. The disclosure statements are kept on file at the office. Additionally, all potential conflicts will be disclosed in board meetings when matter is being considered.

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

Compensation is approved by the board of trustees after consideration or comparable salaries in similar maryland organizations, annual review of both ceo and executive director and decision is included in the minutes.

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

Compensation is approved by the board of trustees after consideration or comparable salaries in similar maryland organizations, annual review of the director and decision is included in the minutes.

Form 990, Page 6, Part VI, Line 19

The organization honors all requests for these documents as they are received by the administative office. Additionally, the organizing documents and financial statements are filed each year with the department of health and mental hygiene, developmental disabilities administration of maryland.

Filing and Contact Details

Filer

Filer Name
Caring Hands Incorporated
EIN
52-1618110
Phone
4102724929
Address
41 N PHILADELPHIA BOULEVARD, ABERDEEN, MD 21001

Signing Officer

Name
Jb Redding
Title
CEO
Phone
4102724929
Signed
2016-01-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jb Redding
Formed
1988
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
41

Preparer

Firm
Brice Acctng & Bookeeping Svc
Address
9701 APOLLO DR, LARGO, MD 20774
Preparer
Vanetta L Brice CPA
Phone
3013861300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide full time residential services to adults with developmental disabilities. The organization operates alternative living units and group homes in six locations in baltimore city and harford county for its community based residential programs. These homes have staff to assist their clients with their daily needs.

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IRS990ScheduleA/OtherIncome170Grp/TotalAmt01632
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99710
IRS990ScheduleA/PublicSupportPY170Pct00.99710
IRS990ScheduleA/PublicSupportTotal170Amt06848726
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01329117
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01446232
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01507722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01276637
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01289018
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06848726
IRS990ScheduleA/TotalSupportAmt06868498
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt08902
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt02614
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt01700
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt013216
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0152690
IRS990ScheduleD/BuildingsGrp/DepreciationAmt054322
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0207012
IRS990ScheduleD/ExpensesSubtotalAmt01368396
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt074969
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt069019
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CLIENT FUNDS
IRS990ScheduleD/RevenueSubtotalAmt01422160
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0152690
IRS990ScheduleD/TotalBookValueOtherAssetsAmt074969
IRS990ScheduleD/TotalExpensesPerForm990Amt01368396
IRS990ScheduleD/TotalLiabilityAmt069019
IRS990ScheduleD/TotalRevenuePerForm990Amt01422160
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01422160
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01368396
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0LISA WASMER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01250
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0SERVICES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0TYLER VASS, LISA WASMER'S SON CUTS THE THE GRASS FOR CARING HANDS AND EARNED 1250 DURING THIS FISCAL YEAR FOR SERVICE.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE FULL TIME RESIDENTIAL SERVICES TO ADULTS WITH DEVELOPMENTAL DISABILITIES. THE ORGANIZATION OPERATES ALTERNATIVE LIVING UNITS AND GROUP HOMES IN SIX LOCATIONS IN BALTIMORE CITY AND HARFORD COUNTY FOR ITS COMMUNITY BASED RESIDENTIAL PROGRAMS. THESE HOMES HAVE STAFF TO ASSIST THEIR CLIENTS WITH THEIR DAILY NEEDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO AND EXECUTIVE DIRECTOR REVIEW THE AUDITED FINANCIAL STATEMENTS AND ALL REQUIRED FILINGS TO THE STATE OF MARYLAND. THE CEO AND EXECUTIVE DIRECTOR REVIEW THE 990 AND DISCUSSES ANY DIFFERENCES WITH THE AUDITED STATEMENTS WITH THE CPA BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THE ANNUAL MEETING OF THE BOARD OF TRUSTEES, THE BOARD PRESIDENT REQUESTS THAT EACH MEMBER SUBMIT THE ANNUAL DISCLOSURE STATEMENT REPRESENTING AREAS OF POSSIBLE CONFLICT OR THAT NO SUCH CONFLICTS EXIST. THE DISCLOSURE STATEMENTS ARE KEPT ON FILE AT THE OFFICE. ADDITIONALLY, ALL POTENTIAL CONFLICTS WILL BE DISCLOSED IN BOARD MEETINGS WHEN MATTER IS BEING CONSIDERED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES AFTER CONSIDERATION OR COMPARABLE SALARIES IN SIMILAR MARYLAND ORGANIZATIONS, ANNUAL REVIEW OF BOTH CEO AND EXECUTIVE DIRECTOR AND DECISION IS INCLUDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS APPROVED BY THE BOARD OF TRUSTEES AFTER CONSIDERATION OR COMPARABLE SALARIES IN SIMILAR MARYLAND ORGANIZATIONS, ANNUAL REVIEW OF THE DIRECTOR AND DECISION IS INCLUDED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION HONORS ALL REQUESTS FOR THESE DOCUMENTS AS THEY ARE RECEIVED BY THE ADMINISTATIVE OFFICE. ADDITIONALLY, THE ORGANIZING DOCUMENTS AND FINANCIAL STATEMENTS ARE FILED EACH YEAR WITH THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE, DEVELOPMENTAL DISABILITIES ADMINISTRATION OF MARYLAND.
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0552863
IRS990/TotalAssetsEOYAmt0635181
IRS990/TotalAssetsGrp/BOYAmt0552863
IRS990/TotalAssetsGrp/EOYAmt0635181
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01792
IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0274292
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01094104
IRS990/TotalFunctionalExpensesGrp/TotalAmt01368396
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0264599
IRS990/TotalLiabilitiesEOYAmt0281643
IRS990/TotalLiabilitiesGrp/BOYAmt0264599
IRS990/TotalLiabilitiesGrp/EOYAmt0281643
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0288264
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0353538
IRS990/TotalProgramServiceExpensesAmt01094104
IRS990/TotalProgramServiceRevenueAmt01410466
IRS990/TotalRevenueGrp/ExclusionAmt09902
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01410466
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01422160
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0552863
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0635181
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0288264
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0353538
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt041 N PHILADELPHIA BOULEVARD
IRS990/USAddress/CityNm0ABERDEEN
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021001
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JB REDDING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04102724929
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARING HANDS INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt0CARI
ReturnHeader/Filer/EIN0521618110
ReturnHeader/Filer/PhoneNum04102724929
ReturnHeader/Filer/USAddress/AddressLine1Txt041 N PHILADELPHIA BOULEVARD
ReturnHeader/Filer/USAddress/CityNm0ABERDEEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061714501
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRICE ACCTNG & BOOKEEPING SVC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09701 APOLLO DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LARGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020774
ReturnHeader/PreparerPersonGrp/PhoneNum03013861300
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VANETTA L BRICE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-02-03T15:23:11-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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