Civic Intelligence

Barium Springs Home for Children

EIN 56-0529993 • 501(c)3 • Barium Springs, NC

Profile

Our vision barium springs home for children is committed to a safe and nurturing family life for every child in north carolina. () our mission serving north carolina's children and families now: making a difference for the future. () our guiding principles and core values we believe in: being faith based being child centered being family focused using best practice providing the highest quality services being collaborative being holistic being diverse being innovative being respectful being responsive changing while respecting our history

PO Box 1Barium Springs, NC 28010

www.bariumsprings.org

Siviq Scores

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

Liabilities / Assets

21st percentile

0.09x

Higher debt load relative to assets than 21% of similar nonprofits.

NTEE P • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.14x

Higher debt load relative to revenue than 28% of similar nonprofits.

NTEE P • $25M-$50M nonprofits • Source year 2024

Net Margin

15th percentile

-6.1%

Higher net margin than 15% of similar nonprofits.

NTEE P • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

68th percentile

$362,877

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

NTEE P • $25M-$50M nonprofits • Source year 2024

Asset Growth

67th percentile

11%

Faster asset growth than 67% of similar nonprofits.

NTEE P • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

26%

Faster revenue growth than 84% of similar nonprofits.

NTEE P • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$36,263,792

Up $3,664,742 (+11%) from 2023

Liabilities

Up

$3,113,522

Up $1,102,571 (+55%) from 2023

Net Assets

Up

$33,150,270

Up $2,562,171 (+8.4%) from 2023

Revenue

Up

$22,642,144

Up $4,678,170 (+26%) from 2023

Expenses

Up

$24,023,146

Up $3,513,528 (+17%) from 2023

Net Income

Up

-$1,381,002

Up $1,164,642 (+46%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $55,157,366Liabilities 2010: $1,493,021Net Assets 2010: $53,664,3452010Assets 2011: $54,194,741Liabilities 2011: $2,224,279Net Assets 2011: $51,970,4622011Assets 2012: $56,929,402Liabilities 2012: $2,403,300Net Assets 2012: $54,526,1022012Assets 2013: $59,090,261Liabilities 2013: $4,286,186Net Assets 2013: $54,804,0752013Assets 2014: $62,423,111Liabilities 2014: $4,474,444Net Assets 2014: $57,948,6672014Assets 2015: $37,474,237Liabilities 2015: $4,627,403Net Assets 2015: $32,846,8342015Assets 2016: $36,124,782Liabilities 2016: $2,555,329Net Assets 2016: $33,569,4532016Assets 2017: $35,857,928Liabilities 2017: $4,107,456Net Assets 2017: $31,750,4722017Assets 2018: $34,892,693Liabilities 2018: $1,768,606Net Assets 2018: $33,124,0872018Assets 2019: $33,522,490Liabilities 2019: $1,889,158Net Assets 2019: $31,633,3322019Assets 2020: $36,054,742Liabilities 2020: $1,965,508Net Assets 2020: $34,089,2342020Assets 2021: $38,599,237Liabilities 2021: $995,604Net Assets 2021: $37,603,6332021Assets 2022: $32,999,409Liabilities 2022: $1,128,231Net Assets 2022: $31,871,1782022Assets 2023: $32,599,050Liabilities 2023: $2,010,951Net Assets 2023: $30,588,0992023Assets 2024: $36,263,792Liabilities 2024: $3,113,522Net Assets 2024: $33,150,2702024

Highlighted filing

2024

Assets$36,263,792
Liabilities$3,113,522
Net Assets$33,150,270

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $11,313,4812010Revenue 2011: $17,475,322Expenses 2011: $18,268,475Net Income 2011: -$793,1532011Expenses 2012: $19,980,7842012Revenue 2013: $17,336,464Expenses 2013: $19,503,188Net Income 2013: -$2,166,7242013Revenue 2014: $15,932,371Expenses 2014: $16,670,164Net Income 2014: -$737,7932014Revenue 2015: $18,610,733Expenses 2015: $19,591,988Net Income 2015: -$981,2552015Revenue 2016: $18,241,457Expenses 2016: $18,163,853Net Income 2016: $77,6042016Revenue 2017: $15,391,470Expenses 2017: $18,553,565Net Income 2017: -$3,162,0952017Revenue 2018: $18,624,195Expenses 2018: $16,910,907Net Income 2018: $1,713,2882018Revenue 2019: $13,919,305Expenses 2019: $15,062,124Net Income 2019: -$1,142,8192019Revenue 2020: $18,927,175Expenses 2020: $17,162,991Net Income 2020: $1,764,1842020Revenue 2021: $18,471,668Expenses 2021: $18,502,677Net Income 2021: -$31,0092021Revenue 2022: $18,235,880Expenses 2022: $18,450,442Net Income 2022: -$214,5622022Revenue 2023: $17,963,974Expenses 2023: $20,509,618Net Income 2023: -$2,545,6442023Revenue 2024: $22,642,144Expenses 2024: $24,023,146Net Income 2024: -$1,381,0022024

Highlighted filing

2024

Revenue$22,642,144
Expenses$24,023,146
Net Income-$1,381,002

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.3$3.11$33.2$22.6$24.0$1.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$2.01$30.6$18.0$20.5$2.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.0$1.13$31.9$18.2$18.5$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.6$1.00$37.6$18.5$18.5$0.03
2020Detailed filing. Detailed filing data is available for this year.$36.1$1.97$34.1$18.9$17.2$1.76
2019Detailed filing. Detailed filing data is available for this year.$33.5$1.89$31.6$13.9$15.1$1.14
2018Detailed filing. Detailed filing data is available for this year.$34.9$1.77$33.1$18.6$16.9$1.71
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.9$4.11$31.8$15.4$18.6$3.16
2016Detailed filing. Detailed filing data is available for this year.$36.1$2.56$33.6$18.2$18.2$0.08
2015Detailed filing. Detailed filing data is available for this year.$37.5$4.63$32.8$18.6$19.6$0.98
2014Detailed filing. Detailed filing data is available for this year.$62.4$4.47$57.9$15.9$16.7$0.74
2013Summary only. Only limited summary data is available for this year.$59.1$4.29$54.8$17.3$19.5$2.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.9$2.40$54.5$20.0
2011Summary only. Only limited summary data is available for this year.$54.2$2.22$52.0$17.5$18.3$0.79
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.2$1.49$53.7$11.3
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
$22,751,424
Mission and Program Overview

Mission

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

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$22,358,683$26,317,845▲ $3,959,162
Land, Buildings, and Equipment, Net$7,213,868$7,325,272▲ $111,404
Accounts Receivable$1,484,648$1,496,386▲ $11,738
Cash and Non-Interest-Bearing Accounts$1,173,565$644,960▼ $528,605
Investments in Publicly Traded Securities$203,998$203,998→ $0
Prepaid Expenses and Deferred Charges$120,068$32,027▼ $88,041
Total Assets$32,599,050$36,263,792▲ $3,664,742
Other Assets Total$44,220$243,304▲ $199,084
Liabilities
Other Liabilities$811,847$1,803,198▲ $991,351
Accounts Payable and Accrued Expenses$1,128,084$1,040,978▼ $87,106
Mortgage Notes Payable Secured by Investment Property$44,220$266,932▲ $222,712
Deferred Revenue$26,800$2,414▼ $24,386
Total Liabilities$2,010,951$3,113,522▲ $1,102,571
Net Assets / Fund Balance
Net Assets With Donor Restrictions$22,439,216$26,317,845▲ $3,878,629
Net Assets Without Donor Restrictions$8,148,883$6,832,425▼ $1,316,458
Total Net Assets Fund Balance$30,588,099$33,150,270▲ $2,562,171
Total Liabilities and Net Assets / Fund Balance$32,599,050$36,263,792▲ $3,664,742

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,523,825$10,003,141$12,526,966
Leasehold Improvements$2,771,962-$2,771,962
Land$1,206,848-$1,206,848
Equipment$822,637-$822,637
Other Securities$3,755,533--

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
$7,496,517
Program Service Revenue
$13,498,434
Investment Income
$1,353,875
Other Revenue
$293,318
All Other Contributions
$855,017
Change in Net Assets
$-1,381,002

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,642,144
Revenue Not Reported on Form 990
$3,959,162
Total Revenue per Audited Statements
$26,601,306
Total Revenue per Form 990
$22,642,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,088,878
Salaries, Compensation, and Employee Benefits$9,934,176
Grants and Similar Amounts Paid$92
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,204,263--$8,204,263
Fees for Services Management-$5,679,333-$5,679,333
Information Technology$1,656,110--$1,656,110
Occupancy$1,210,351$423,692-$1,634,043
Other Employee Benefits$1,320,682--$1,320,682
Travel$647,369$17,595-$664,964
Depreciation Depletion$205,271$68,334-$273,605
Payroll Taxes$270,647--$270,647
Office Expenses$257,034$1,968-$259,002
Fees for Services Other$226,400--$226,400
Insurance$218,339--$218,339
Pension Plan Contributions$138,584--$138,584
Conferences and Meetings$97,063--$97,063
Other Expenses$31,958--$31,958
Advertising$2,537--$2,537
Grants to Domestic Orgs$92--$92
Total Functional Expenses$17,832,224$6,190,922$0$24,023,146

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$24,023,146
Total Expenses per Audited Statements$24,023,146
Total Expenses per Form 990$24,023,146
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$1,803,198
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 member shall continually appoint by resolution of the member's board of directors not less than three nor more than 15 individuals to serve on the organiation's board of trustees to oversee and advise the member on matters pertaining to the operation of all programs and services provided by the organization.

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

The member 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 organization; (3) to appoint or remove any 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 of trustees made at regular and special meetings, which consent shall not be unreasonable 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 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 organization, to dissolve the organization and (9) to specify the distribution 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 board members 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

The organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's administrative offices.

Filing and Contact Details

Filer

Filer Name
Barium Springs Home for Children
EIN
56-0529993
Phone
7048724157
Address
PO BOX 1, BARIUM SPRINGS, NC 28010

Signing Officer

Name
Krista Zappia
Title
CFO
Phone
7048724157
Signed
2025-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Celeste Dominguez
Formed
1891
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
5
Employees
178

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(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 700 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.

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