Civic Intelligence

Grandfather Home for Children Inc

EIN 56-0529975 • 501(c)3 • Barium Springs, NC

Profile

The home is organized for the support of, assistance to, encouragement, promotion and advancement of services to children, young adults and families. Through its program services, the home strives to fulfill its mission to provide christian love and healing to children and families who have been hurt by abuse.

PO Box 1Barium Springs, NC 28010

www.grandfatherhome.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

4th percentile

0.00x

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

NTEE P • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

4th percentile

0.00x

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

NTEE P • $10M-$25M nonprofits • Source year 2024

Net Margin

80th percentile

20%

Higher net margin than 80% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$362,877

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 35.3% of source-year revenue.

NTEE P • $10M-$25M nonprofits • Source year 2024

Asset Growth

83rd percentile

21%

Faster asset growth than 83% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

39th percentile

3.2%

Faster revenue growth than 39% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$17,819,688

Up $3,131,603 (+21%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$17,819,688

Up $3,131,603 (+21%) from 2023

Revenue

Up

$1,028,692

Up $31,984 (+3.2%) from 2023

Expenses

Down

$819,000

Down $487,229 (-37%) from 2023

Net Income

Up

$209,692

Up $519,213 (+168%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $5,947,204Liabilities 2011: $2,976,669Net Assets 2011: $2,970,5352011Assets 2012: $9,402,775Liabilities 2012: $833,525Net Assets 2012: $8,569,2502012Assets 2013: $7,519,800Liabilities 2013: $3,260,824Net Assets 2013: $4,258,9762013Assets 2014: $18,312,091Liabilities 2014: $293,362Net Assets 2014: $18,018,7292014Assets 2015: $16,925,765Liabilities 2015: $985,803Net Assets 2015: $15,939,9622015Assets 2016: $16,272,447Liabilities 2016: $383,960Net Assets 2016: $15,888,4872016Assets 2017: $18,655,033Liabilities 2017: $727,803Net Assets 2017: $17,927,2302017Assets 2018: $16,351,995Liabilities 2018: $179,082Net Assets 2018: $16,172,9132018Assets 2019: $15,956,026Liabilities 2019: $345,175Net Assets 2019: $15,610,8512019Assets 2020: $16,063,239Liabilities 2020: $58,995Net Assets 2020: $16,004,2442020Assets 2021: $17,916,872Liabilities 2021: $4,371Net Assets 2021: $17,912,5012021Assets 2022: $13,729,429Liabilities 2022: $0Net Assets 2022: $13,729,4292022Assets 2023: $14,688,085Liabilities 2023: $0Net Assets 2023: $14,688,0852023Assets 2024: $17,819,688Liabilities 2024: $0Net Assets 2024: $17,819,6882024

Highlighted filing

2024

Assets$17,819,688
Liabilities$0
Net Assets$17,819,688

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $5,138,904Expenses 2011: $3,809,229Net Income 2011: $1,329,6752011Revenue 2012: $10,201,427Expenses 2012: $4,602,712Net Income 2012: $5,598,7152012Revenue 2013: $7,159,769Expenses 2013: $6,988,603Net Income 2013: $171,1662013Revenue 2014: $12,277,171Expenses 2014: $12,283,727Net Income 2014: -$6,5562014Revenue 2015: $5,441,194Expenses 2015: $5,941,477Net Income 2015: -$500,2832015Revenue 2016: $3,065,175Expenses 2016: $3,730,025Net Income 2016: -$664,8502016Revenue 2017: $5,383,555Expenses 2017: $4,412,418Net Income 2017: $971,1372017Revenue 2018: $3,594,057Expenses 2018: $5,842,351Net Income 2018: -$2,248,2942018Revenue 2019: $4,760,753Expenses 2019: $5,065,851Net Income 2019: -$305,0982019Revenue 2020: $4,692,866Expenses 2020: $4,675,785Net Income 2020: $17,0812020Revenue 2021: $1,027,998Expenses 2021: $1,429,808Net Income 2021: -$401,8102021Revenue 2022: $982,920Expenses 2022: $1,139,463Net Income 2022: -$156,5432022Revenue 2023: $996,708Expenses 2023: $1,306,229Net Income 2023: -$309,5212023Revenue 2024: $1,028,692Expenses 2024: $819,000Net Income 2024: $209,6922024

Highlighted filing

2024

Revenue$1,028,692
Expenses$819,000
Net Income$209,692

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$0.00$17.8$1.03$0.82$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$0.00$14.7$1.00$1.31$0.31
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$0.00$13.7$0.98$1.14$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$0.00$17.9$1.03$1.43$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.1$0.06$16.0$4.69$4.68$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$0.35$15.6$4.76$5.07$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.4$0.18$16.2$3.59$5.84$2.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.7$0.73$17.9$5.38$4.41$0.97
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.3$0.38$15.9$3.07$3.73$0.66
2015Detailed filing. Detailed filing data is available for this year.$16.9$0.99$15.9$5.44$5.94$0.50
2014Detailed filing. Detailed filing data is available for this year.$18.3$0.29$18.0$12.3$12.3$0.01
2013Summary only. Only limited summary data is available for this year.$7.52$3.26$4.26$7.16$6.99$0.17
2012Summary only. Only limited summary data is available for this year.$9.40$0.83$8.57$10.2$4.60$5.60
2011Summary only. Only limited summary data is available for this year.$5.95$2.98$2.97$5.14$3.81$1.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,028,692
Mission and Program Overview

Mission

The home is organized for the support of, assistance to, encouragement, promotion and advancement of services to children, young adults and families. Through its program services, the home strives to fulfill its mission to provide christian love and healing to children and families who have been hurt by abuse.

To provide a safe, healing journey for hurting children and families - creating hope now and in the future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$14,564,884$17,486,795▲ $2,921,911
Cash and Non-Interest-Bearing Accounts$6,088$218,493▲ $212,405
Land, Buildings, and Equipment, Net$114,400$114,400→ $0
Pledges and Grants Receivable$2,713--
Total Assets$14,688,085$17,819,688▲ $3,131,603
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,573,859$17,538,097▲ $2,964,238
Net Assets Without Donor Restrictions$114,226$281,591▲ $167,365
Total Net Assets Fund Balance$14,688,085$17,819,688▲ $3,131,603
Total Liabilities and Net Assets / Fund Balance$14,688,085$17,819,688▲ $3,131,603

Asset Categories

AssetBook ValueDepreciationBasis
Land$114,400--
Other Securities$3,775,807--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$58,129,763$7,130,129▲ $11,404,365$4,366,353$72,191,489
2022$53,860,318$1,812,323▲ $5,245,926$2,672,128$58,129,763
2021$65,591,990$70,981▼ $9,349,540$2,275,000$53,860,318
2020$55,860,959$545,067▲ $10,606,780$1,250,000$65,591,990
2019$55,820,704$931,609▲ $2,038,606$2,780,187$55,860,959
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$177,823
Program Service Revenue
$0
Investment Income
$850,582
Other Revenue
$287
All Other Contributions
$177,823
Change in Net Assets
$209,692

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,028,692
Revenue Not Reported on Form 990
$2,921,911
Total Revenue per Audited Statements
$3,950,603
Total Revenue per Form 990
$1,028,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$819,000
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$819,000--$819,000
Total Functional Expenses$819,000$0$0$819,000

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$819,000
Total Expenses per Audited Statements$819,000
Total Expenses per Form 990$819,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CHILDREN'S HOPE ALLIANCEBarium Springs, NC501c3Service Grant$423,000
Properties for ChildrenBarium Springs, NC501c3Service Grant$200,000
CHILDREN'S HOPE ALLIANCE FOUNDATIONBarium Springs, NC501c3Service Grant$196,000
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 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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Dana dominguez celeste dominguez vice chair ceo daughter-mother

Form 990, Page 6, Part VI, Line 6

Children's home alliance, a related nonprofit corporation, is the sole member.

Form 990, Page 6, Part VI, Line 7A

The officers of the corporation shall be elected by the board for a term of one year at the annual meeting of the trustees. If the election of officers shall not be held at such meeting, such election shall be held as soon thereafter as conveniently may be. Each officer shall hold office until the first of the following to occur: until his or her successor shall have been duly elected and shall have qualified; or until his or her death or disability, or until he or she shall resign in writing; or until he or she shall have been removed in the manner herein after provided. Election or appointment of an officer or agent shall not in itself create contract rights.

Form 990, Page 6, Part VI, Line 7B

The parent corporation, children's hope alliance, shall have and exercise the following reserve powers: (1) to appoint or remove trustees; (2) to approve amendments to the articles of incorporation or bylaws of the corporation; (3) to appoint or remove the managing director; (4) to approve all annual budgets and audited financial statements and to approve any deficit budget; (5) to consent, in writing, to all decisions of the board made at regular and special meetings, which consent shall not be unreasonably withheld, (6) to receive annual audits, interview the auditor and approve form 990 returns before they are filed; (7) to approve the construction of any new or the alteration of any existing facility involving an expenditure of 200,000 or more; (8) to sell, mortgage, pledge or alienate all or any part of the real estate or substantially all of the other assets of the corporation; (9) to dissolve the corporation and (10) to specify the distributee of its assets.

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

The return was prepared by an independent accountant with assistance and oversight by management. Upon completion and review, the return was provided to all voting members of the board prior to submission to the irs.

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

Internal controls over financial reporting ensure that conflicts of interest do not exist.

Form 990, Page 6, Part VI, Line 19

Upon request the appropriate documents are provided to the inquirer by an agreed method.

Filing and Contact Details

Filer

Filer Name
Grandfather Home for Children Inc
EIN
56-0529975
Phone
7048724157
Address
PO BOX 1, BARIUM SPRINGS, NC 28010

Signing Officer

Name
Krista Zappia
Title
CFO
Phone
7044376526
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Celeste Dominguez
Formed
1981
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
5
Employees
0
Volunteers
8

Preparer

Firm
Carter P C
Address
301 COLLEGE ST STE 320, ASHEVILLE, NC 28801-2449
Preparer
Alan Toler
Phone
8282599900
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The related party, children's hope alliance foundation, intends to use the endowment funds to support future operations of the related organizations listed on schedule r.

Schedule D, Page 3, Part X

The home is exempt from federal income tax under 501(c)(3) of the internal revenue code. In addition, the home qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a) (2). It is the home's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the tax position is uncertain, and what, if any, effect the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified for the 2023 or 2022 tax years. Currently, the statute of limitations remains open subsequent to and including tax year 2020; however, no examinations are in process or anticipated. Any changes in the amount of a tax position will be recognized in the period the change occurs.

Raw XML AppendixShowing 400 of 624 raw XML fields

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

Path#Value
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IRS990/AllOtherContributionsAmt0177823
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0KRISTA ZAPPIA
IRS990/BooksInCareOfDetail/PhoneNum07048724157
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1
IRS990/BooksInCareOfDetail/USAddress/CityNm0BARIUM SPRINGS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
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IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0177823
IRS990/CYGrantsAndSimilarPaidAmt0819000
IRS990/CYInvestmentIncomeAmt0850582
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CHILDREN'S HOPE ALLIANCE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1BARIUM SPRINGS HOME FOR CHILDREN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2CHILDREN'S HOPE ALLIANCE FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3PROPERTIES FOR CHILDREN
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0BENEFIT INTEREST IN PERPETUAL TRUSTS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE RELATED PARTY, CHILDREN'S HOPE ALLIANCE FOUNDATION, INTENDS TO USE THE ENDOWMENT FUNDS TO SUPPORT FUTURE OPERATIONS OF THE RELATED ORGANIZATIONS LISTED ON SCHEDULE R.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE HOME IS EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE HOME QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) (2). IT IS THE HOME'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN, AND WHAT, IF ANY, EFFECT THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR THE 2023 OR 2022 TAX YEARS. CURRENTLY, THE STATUTE OF LIMITATIONS REMAINS OPEN SUBSEQUENT TO AND INCLUDING TAX YEAR 2020; HOWEVER, NO EXAMINATIONS ARE IN PROCESS OR ANTICIPATED. ANY CHANGES IN THE AMOUNT OF A TAX POSITION WILL BE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
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