Civic Intelligence

Baptist Childrens Homes of North Carolina Incorporated

990 • Fiscal year 2014 • EIN 56-0547499

Oct 01, 2013 to Sep 30, 2014 • Filed on Jul 30, 2015

PO Box 33827361

(336) 474-1224

Siviq Scores

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

Liabilities / Assets

19th percentile

0.04x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

15th percentile

0.07x

Higher debt load relative to revenue than 15% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$231,739

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

62nd percentile

7.7%

Faster asset growth than 62% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$44,274,311

Up $3,153,656 (+7.7%) from 2013

Net Assets

Up

$42,683,912

Up $3,394,409 (+8.6%) from 2013

Liabilities

Down

$1,590,399

Down $240,753 (-13%) from 2013

Revenue

$22,951,726

No earlier filing loaded for comparison.

Expenses

Up

$20,096,159

Up $957,709 (+5.0%) from 2013

Net Income

$2,855,567

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $38,634,882Liabilities 2010: $2,035,323Net Assets 2010: $36,599,5592010Assets 2011: $33,452,633Liabilities 2011: $1,745,729Net Assets 2011: $31,706,9042011Assets 2012: $32,913,038Liabilities 2012: $1,829,815Net Assets 2012: $31,083,2232012Assets 2013: $41,120,655Liabilities 2013: $1,831,152Net Assets 2013: $39,289,5032013Assets 2014: $44,274,311Liabilities 2014: $1,590,399Net Assets 2014: $42,683,9122014Assets 2015: $45,000,976Liabilities 2015: $1,429,972Net Assets 2015: $43,571,0042015Assets 2016: $51,296,859Liabilities 2016: $1,887,559Net Assets 2016: $49,409,3002016Assets 2017: $53,269,770Liabilities 2017: $2,674,836Net Assets 2017: $50,594,9342017Assets 2018: $53,477,324Liabilities 2018: $2,350,472Net Assets 2018: $51,126,8522018Assets 2019: $53,959,369Liabilities 2019: $2,211,868Net Assets 2019: $51,747,5012019Assets 2020: $60,094,746Liabilities 2020: $5,232,087Net Assets 2020: $54,862,6592020Assets 2021: $73,387,652Liabilities 2021: $2,266,872Net Assets 2021: $71,120,7802021Assets 2022: $70,752,031Liabilities 2022: $2,234,666Net Assets 2022: $68,517,3652022Assets 2023: $77,855,043Liabilities 2023: $3,871,776Net Assets 2023: $73,983,2672023Assets 2024: $87,325,469Liabilities 2024: $3,591,268Net Assets 2024: $83,734,2012024

Highlighted filing

2014

Assets$44,274,311
Liabilities$1,590,399
Net Assets$42,683,912

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $19,413,1642010Expenses 2011: $21,107,7162011Expenses 2012: $19,612,4232012Expenses 2013: $19,138,4502013Revenue 2014: $22,951,726Expenses 2014: $20,096,159Net Income 2014: $2,855,5672014Revenue 2015: $22,310,780Expenses 2015: $20,259,736Net Income 2015: $2,051,0442015Revenue 2016: $26,416,592Expenses 2016: $21,511,625Net Income 2016: $4,904,9672016Revenue 2017: $25,129,668Expenses 2017: $25,600,894Net Income 2017: -$471,2262017Revenue 2018: $24,972,966Expenses 2018: $24,892,000Net Income 2018: $80,9662018Revenue 2019: $27,495,134Expenses 2019: $26,798,611Net Income 2019: $696,5232019Revenue 2020: $27,552,863Expenses 2020: $26,025,705Net Income 2020: $1,527,1582020Revenue 2021: $40,727,935Expenses 2021: $29,215,473Net Income 2021: $11,512,4622021Revenue 2022: $37,344,111Expenses 2022: $31,131,025Net Income 2022: $6,213,0862022Revenue 2023: $37,650,770Expenses 2023: $35,537,827Net Income 2023: $2,112,9432023Revenue 2024: $41,738,454Expenses 2024: $39,098,276Net Income 2024: $2,640,1782024

Highlighted filing

2014

Revenue$22,951,726
Expenses$20,096,159
Net Income$2,855,567
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jul 30, 2015
Return Version
2013v4.0
Gross Receipts
$28,602,676
Mission and Program Overview

Mission

Baptist Children's Homes of North Carolina (BCH) is a nonprofit organization that reaches out to children and families in crisis. The agency's mission statement is "Sharing Hope...Changing Lives."

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,675,006$17,745,260▼ $929,746
Investments in Publicly Traded Securities$14,130,830$16,215,785▲ $2,084,955
Pledges and Grants Receivable$3,753,331$4,804,752▲ $1,051,421
Cash and Non-Interest-Bearing Accounts$1,900,175$2,774,489▲ $874,314
Accounts Receivable$674,448$894,968▲ $220,520
Other Notes and Loans Receivable, Net$209,295$219,258▲ $9,963
Prepaid Expenses and Deferred Charges$57,038$65,033▲ $7,995
Savings and Temporary Cash Investments-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$41,120,655$44,274,311▲ $3,153,656
Other Assets Total$1,720,532$1,554,766▼ $165,766
Liabilities
Accounts Payable and Accrued Expenses$1,174,180$964,595▼ $209,585
Mortgage Notes Payable Secured by Investment Property$656,972$625,804▼ $31,168
Total Liabilities$1,831,152$1,590,399▼ $240,753
Net Assets / Fund Balance
Unrestricted Net Assets$28,347,176$27,183,252▼ $1,163,924
Temporarily Rstr Net Assets$3,763,467$8,131,751▲ $4,368,284
Permanently Rstr Net Assets$7,178,860$7,368,909▲ $190,049
Total Net Assets Fund Balance$39,289,503$42,683,912▲ $3,394,409
Total Liabilities and Net Assets / Fund Balance$41,120,655$44,274,311▲ $3,153,656

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,034,985$14,003,313$25,038,298
Equipment$273,423$3,258,123$3,531,546
Land$5,483,124-$2,951,708
Other Land Buildings$267,343$1,958,738$2,226,081
Leasehold Improvements$686,385$1,003,483$1,689,868

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$23,348,246$3,537,096▲ $224,179$113,043$26,996,478
2012$17,461,333$5,785,244▲ $831,198$729,529$23,348,246
2011$15,108,235$2,410,457▲ $885,584$942,943$17,461,333
2010$18,621,044$952,579▼ $184,721$4,280,667$15,108,235
2009$4,317,777$708,806--$18,621,044
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael BlackwellPresident & CEOFT$162,616$69,123$231,739
Samuel BarefootSr. VPFT$78,799$22,770$101,569

Highest Paid Contractors

ContractorServicesLocationCompensation
Daniel Patrick KingConstruction-$369,074
Blaze-Air Heating & Air Conditioning IncHeating & Air-$260,266
ExcaliburDirect Mail-$221,076
JD Roofing Guttering & RemoldelConstruction-$194,886
CeprintPrinting-$143,993
Revenue and Support

Revenue Composition

Contributions and Grants
$16,122,258
Program Service Revenue
$5,593,223
Investment Income
$528,821
Other Revenue
$707,424
All Other Contributions
$15,754,972
Change in Net Assets
$2,855,567

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Food Inventory$282,033Fair Market Value (FMV)
Clothing and Household Goods$201,675Fair Market Value (FMV)
Other Non Cash Contri Table$21,127Fair Market Value (FMV)
Total Noncash Contributions$504,835-

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,842,069
Revenue Not Reported on Financial Statements
$109,657
Revenue Not Reported on Form 990
$538,842
Total Revenue per Audited Statements
$23,380,911
Total Revenue per Form 990
$22,951,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,862,035
Other Expenses$8,126,768
Total Fundraising Expense$1,558,797
Grants and Similar Amounts Paid$107,356
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,401,524$692,742$553,730$8,647,996
Other Employee Benefits$1,484,145$135,827$82,803$1,702,775
All Other Expenses$615,983$81,702$392,869$1,090,554
Travel$792,483$51,039$124,113$967,635
Occupancy$823,432$58,348$6,472$888,252
Depreciation Depletion$665,035$123,561$6,378$794,974
Payroll Taxes$580,834$58,616$33,301$672,751
Other Expenses$395,196$98,733$34,773$528,702
Pension Plan Contributions$375,109$75,066$35,322$485,497
Current Officers, Directors, Trustees, and Key Employees-$353,016-$353,016
Insurance$260,190$13,760$3,555$277,505
Information Technology$143,076$30,345$23,774$197,195
Fees for Service Investment Mgmnt Fees-$109,657-$109,657
Grants to Domestic Individuals$107,356--$107,356
Fees for Services Accounting$23,900$2,036$1,684$27,620
Fees for Services Legal$500$7,225-$7,725
Total Functional Expenses$16,419,067$2,118,295$1,558,797$20,096,159

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$20,096,159
Expenses per Audited Statements$19,986,502
Total Expenses per Audited Statements$19,986,502
Expenses Not Reported on Financial Statements$109,657
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

CEO, CFO, Sr. Vice President and Executive committee review the 990 in draft before being signed by Sr. Vice President.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Baptist Children's Homes of NC maintains a Conflict of Interest Policy for its employees, trustees, consultants, volunteers, etc. Each of these groups is required to disclose to Baptist Children's Homes of NC any relationship they have with providers for goods and services being offered to Baptist Children's Homes of NC. The CEO, CFO and other management staff monitor employee relationships with outside vendors, consultants, etc. to make sure there are no conflicts of interest. No family members of employees receive preferential treatment when applying for services. These are strictly monitored by management.Trustees, consultants and members of volunteer committees are eligible to provide services as long as they go through a bid process and it is determined they offer the lowest price available for their product or services. Trustees are also asked to sign a statement saying they have no conflict of interest with Baptist Children's Homes of NC in serving their trustee role. A signed statement also states that their family members are not involved in a conflict of interest with products or services offered to Baptist Children's Homes of NC. If a matter should come before the Board of Trustees that involves trustees business or organization, he/she would recluse himself/herself from any decision-making process.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Process for determining compensation to CEO is done by the Executive Committee of the Board of Trustees. The Executive Committee is considered the compensation committee for the CEO. The Executive Committee seeks outside sources for preparing the CEO's compensation such as other like organizations, Baptist Retirement Homes, colleges and universities and the Baptist State Convention. There is no written employment contract. Baptist Children's Homes of NC also participates in the compensation survey done by the North Carolina Center for Non-Profits and the Executive Committee also has access to that survey and uses it also as a compensation guide. The Executive Committee has the authority to approve compensation and benefits changes for the CEO based on bylaws.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request.

Filing and Contact Details

Filer

EIN
56-0547499
Phone
3364741224

Signing Officer

Name
Samuel Barefoot
Title
Sr. Vice President
Signed
2015-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Blackwell
Formed
1885
Legal Domicile
Nc
Voting Board Members
35
Independent Board Members
35
Employees
351
Volunteers
5,000

Preparer

Preparer
Phillip G Wilson
Phone
7043721515
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: The North Carolina Baptist Aging Ministry (NCBAM) - NCBAM is a non-residential program providing information and resources to North Carolina's aging population. The ministry helps them maintain their independence and a quality life by connecting aging adults and their families with resources to meet needs, and on coordinating practical ministries. OTHER PROGRAM SERVICES 5: Emergency Care - Emergency Care is provided for children during a family crisis. Safe, immediate care is given to the child while the family is helped to de-escalate the crisis and to develop an immediate plan. The maximum length of stay is 60 days. OTHER PROGRAM SERVICES 6: Scholarships - All children in care meeting the established criteria for eligibility receive scholarships and/or loans. OTHER PROGRAM SERVICES 7: Residential Wilderness Camping programs - Baptist Children's Homes' offers residential wilderness camps for school-aged boys and girls. Cameron Boys Camp is located in Cameron, NC near Southern Pines. Camp Duncan for Girls is based in Aberdeen close to Pinehurst. Camp provides behavioral change for children in a highly structured, wilderness environment. Three staff members called Chiefs supervise each group of ten children. The well-balanced, licensed alternative education program teaches discipline and self-worth. The program provides children and their families an opportunity to work out problems. From arrival at camp through follow-up visits in the home, social workers focus on all family members. OTHER PROGRAM SERVICES 8: Family Care residential services - Family Care offers supportive group homes for single mothers and their children. The transitional program provides a goal-focused living environment within a cottage setting. Family Care is specifically structured to help mothers transition to a successful, independent living situation. Mothers learn the skills needed to obtain and maintain a stable home, job and income. Baptist Children's Homes' counselor and live-in residential manager assist the mother in setting and achieving family goals, developing parenting and job skills, budgeting, and resolving transportation needs.

Financial Statement Notes

Part II, Line 9: Organization Reporting of conservation easements.

In April 2005 Baptist Children's Homes of NC entered into a conservation easement with Ecosystem Enhancement Program of the State of North Carolina. The project is known as the Whitelace Creek Project. It included 35.81 acres at $1600 an acre for a total of $57,296 received by Baptist Children's Homes of NC for the conservation easement. The purpose of the conservation easement was to maintain, restore, enhance, create and preserve a wetland on the Kennedy Home which is a property that is part of Baptist Children's Homes of NC in eastern North Carolina. The easement contains several restrictions that are detailed in the easement agreement. The legal description contains two different descriptions. One contains 7.97 acres and the other 27.84 acres located on Whitelace Creek on the property of Kennedy Home located in Lenoir County. The agreement was signed by the President, Dr. Michael C. Blackwell, on April 13, 2005.

Part X : FIN48 Footnote

BCH is exempt from federal and state income taxation under Section 501(c)(3) of the Internal Revenue Code. GAAP requires an organization to recognize a tax benefit or expense from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. BCH has no uncertain tax positions as of September 30, 2014.

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IRS990/Form990PartVIISectionAGrp/PersonNm0William Lewis Boddie
IRS990/Form990PartVIISectionAGrp/PersonNm1Kenneth Haigler
IRS990/Form990PartVIISectionAGrp/PersonNm2David Clay
IRS990/Form990PartVIISectionAGrp/PersonNm3Joann Lutz
IRS990/Form990PartVIISectionAGrp/PersonNm4Ward Mullis
IRS990/Form990PartVIISectionAGrp/PersonNm5Bobby Boyd
IRS990/Form990PartVIISectionAGrp/PersonNm6Jim Dyer
IRS990/Form990PartVIISectionAGrp/PersonNm7Coolidge Porterfield
IRS990/Form990PartVIISectionAGrp/PersonNm8Elaine Scarborough
IRS990/Form990PartVIISectionAGrp/PersonNm9Bettye Greene
IRS990/Form990PartVIISectionAGrp/PersonNm10John Lee
IRS990/Form990PartVIISectionAGrp/PersonNm11Abe Elmore
IRS990/Form990PartVIISectionAGrp/PersonNm12Aaron Lyndell Pate
IRS990/Form990PartVIISectionAGrp/PersonNm13Marian Phillips
IRS990/Form990PartVIISectionAGrp/PersonNm14Eric Vernon
IRS990/Form990PartVIISectionAGrp/PersonNm15Sterling Wall
IRS990/Form990PartVIISectionAGrp/PersonNm16Walter Williams
IRS990/Form990PartVIISectionAGrp/PersonNm17David Smith
IRS990/Form990PartVIISectionAGrp/PersonNm18Jay Westmoreland
IRS990/Form990PartVIISectionAGrp/PersonNm19Jerry Jordan
IRS990/Form990PartVIISectionAGrp/PersonNm20Marcia Heckman
IRS990/Form990PartVIISectionAGrp/PersonNm21Ted Lanier
IRS990/Form990PartVIISectionAGrp/PersonNm22Michael Bowers
IRS990/Form990PartVIISectionAGrp/PersonNm23Bob Lowman
IRS990/Form990PartVIISectionAGrp/PersonNm24Pam Annas
IRS990/Form990PartVIISectionAGrp/PersonNm25Ray Morrow
IRS990/Form990PartVIISectionAGrp/PersonNm26Jacqueline Burgess
IRS990/Form990PartVIISectionAGrp/PersonNm27Gary Issette
IRS990/Form990PartVIISectionAGrp/PersonNm28Jesse Croom
IRS990/Form990PartVIISectionAGrp/PersonNm29Stella Harris
IRS990/Form990PartVIISectionAGrp/PersonNm30Renea Henderson
IRS990/Form990PartVIISectionAGrp/PersonNm31Roy Howell
IRS990/Form990PartVIISectionAGrp/PersonNm32Amelia Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm33Sandy Saunders
IRS990/Form990PartVIISectionAGrp/PersonNm34Iola Walton
IRS990/Form990PartVIISectionAGrp/PersonNm35Michael Blackwell
IRS990/Form990PartVIISectionAGrp/PersonNm36Samuel Barefoot
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$87.3$3.59$83.7$41.7$39.1$2.64
2023Detailed filing. Detailed filing data is available for this year.$77.9$3.87$74.0$37.7$35.5$2.11
2022Detailed filing. Detailed filing data is available for this year.$70.8$2.23$68.5$37.3$31.1$6.21
2021Detailed filing. Detailed filing data is available for this year.$73.4$2.27$71.1$40.7$29.2$11.5
2020Detailed filing. Detailed filing data is available for this year.$60.1$5.23$54.9$27.6$26.0$1.53
2019Detailed filing. Detailed filing data is available for this year.$54.0$2.21$51.7$27.5$26.8$0.70
2018Detailed filing. Detailed filing data is available for this year.$53.5$2.35$51.1$25.0$24.9$0.08
2017Detailed filing. Detailed filing data is available for this year.$53.3$2.67$50.6$25.1$25.6$0.47
2016Detailed filing. Detailed filing data is available for this year.$51.3$1.89$49.4$26.4$21.5$4.90
2015Detailed filing. Detailed filing data is available for this year.$45.0$1.43$43.6$22.3$20.3$2.05
2014Detailed filing. Detailed filing data is available for this year.$44.3$1.59$42.7$23.0$20.1$2.86
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.1$1.83$39.3$19.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.9$1.83$31.1$19.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.5$1.75$31.7$21.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.6$2.04$36.6$19.4