Civic Intelligence

Nazareth Childrens Home Inc

EIN 56-0556754 • 501(c)3 • Rockwell, NC

Profile

To provide the highest quality services with a commitment to excellence while empowering youth and families in developing solutions that ensure successful outcomes.

PO Box 1438Rockwell, NC 28138

n/A

Siviq Scores

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

Liabilities / Assets

17th percentile

0.03x

Higher debt load relative to assets than 17% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

18th percentile

0.07x

Higher debt load relative to revenue than 18% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2025

Net Margin

25th percentile

-2.3%

Higher net margin than 25% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

36th percentile

$171,432

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

NTEE P • $10M-$25M nonprofits • Source year 2025

Asset Growth

44th percentile

3.0%

Faster asset growth than 44% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

81st percentile

26%

Faster revenue growth than 81% of similar nonprofits.

NTEE P • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$13,261,079

Up $688,908 (+5.5%) from 2023

Liabilities

Down

$457,554

Down $30,259 (-6.2%) from 2023

Net Assets

Up

$12,803,525

Up $719,167 (+6.0%) from 2023

Revenue

Up

$6,998,958

Up $2,667,074 (+62%) from 2023

Expenses

Up

$7,161,846

Up $1,729,058 (+32%) from 2023

Net Income

Up

-$162,888

Up $938,016 (+85%) 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: $11,204,403Liabilities 2011: $145,135Net Assets 2011: $11,059,2682011Assets 2012: $12,173,287Liabilities 2012: $154,603Net Assets 2012: $12,018,6842012Assets 2013: $13,106,211Liabilities 2013: $464,155Net Assets 2013: $12,642,0562013Assets 2014: $13,480,641Liabilities 2014: $435,121Net Assets 2014: $13,045,5202014Assets 2015: $13,863,090Liabilities 2015: $208,833Net Assets 2015: $13,654,2572015Assets 2016: $16,853,692Liabilities 2016: $3,558,582Net Assets 2016: $13,295,1102016Assets 2017: $17,879,259Liabilities 2017: $3,857,070Net Assets 2017: $14,022,1892017Assets 2018: $14,466,316Liabilities 2018: $393,735Net Assets 2018: $14,072,5812018Assets 2019: $14,012,150Liabilities 2019: $456,228Net Assets 2019: $13,555,9222019Assets 2020: $14,680,754Liabilities 2020: $1,056,801Net Assets 2020: $13,623,9532020Assets 2021: $15,709,628Liabilities 2021: $375,933Net Assets 2021: $15,333,6952021Assets 2022: $13,018,512Liabilities 2022: $409,098Net Assets 2022: $12,609,4142022Assets 2023: $12,572,171Liabilities 2023: $487,813Net Assets 2023: $12,084,3582023Assets 2025: $13,261,079Liabilities 2025: $457,554Net Assets 2025: $12,803,5252025

Highlighted filing

2025

Assets$13,261,079
Liabilities$457,554
Net Assets$12,803,525

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,299,170Expenses 2011: $3,441,159Net Income 2011: -$141,9892011Expenses 2012: $3,554,3392012Revenue 2013: $4,892,909Expenses 2013: $4,269,536Net Income 2013: $623,3732013Revenue 2014: $4,424,289Expenses 2014: $4,020,825Net Income 2014: $403,4642014Revenue 2015: $5,249,251Expenses 2015: $4,640,514Net Income 2015: $608,7372015Revenue 2016: $5,118,109Expenses 2016: $5,439,714Net Income 2016: -$321,6052016Revenue 2017: $5,821,450Expenses 2017: $5,780,872Net Income 2017: $40,5782017Revenue 2018: $5,989,004Expenses 2018: $6,053,885Net Income 2018: -$64,8812018Revenue 2019: $5,006,748Expenses 2019: $5,466,815Net Income 2019: -$460,0672019Revenue 2020: $5,705,366Expenses 2020: $5,664,942Net Income 2020: $40,4242020Revenue 2021: $4,997,949Expenses 2021: $4,838,416Net Income 2021: $159,5332021Revenue 2022: $4,062,875Expenses 2022: $4,882,579Net Income 2022: -$819,7042022Revenue 2023: $4,331,884Expenses 2023: $5,432,788Net Income 2023: -$1,100,9042023Revenue 2025: $6,998,958Expenses 2025: $7,161,846Net Income 2025: -$162,8882025

Highlighted filing

2025

Revenue$6,998,958
Expenses$7,161,846
Net Income-$162,888

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$0.46$12.8$7.00$7.16$0.16
2023Summary only. Only limited summary data is available for this year.$12.6$0.49$12.1$4.33$5.43$1.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$0.41$12.6$4.06$4.88$0.82
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$0.38$15.3$5.00$4.84$0.16
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$1.06$13.6$5.71$5.66$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.46$13.6$5.01$5.47$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.5$0.39$14.1$5.99$6.05$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.9$3.86$14.0$5.82$5.78$0.04
2016Detailed filing. Detailed filing data is available for this year.$16.9$3.56$13.3$5.12$5.44$0.32
2015Summary only. Only limited summary data is available for this year.$13.9$0.21$13.7$5.25$4.64$0.61
2014Detailed filing. Detailed filing data is available for this year.$13.5$0.44$13.0$4.42$4.02$0.40
2013Summary only. Only limited summary data is available for this year.$13.1$0.46$12.6$4.89$4.27$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$0.15$12.0$3.55
2011Summary only. Only limited summary data is available for this year.$11.2$0.15$11.1$3.30$3.44$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 18, 2026
Return Version
2024v5.5
Gross Receipts
$7,570,892
Mission and Program Overview

Mission

To provide the highest quality services with a commitment to excellence while empowering youth and families in developing solutions that ensure successful outcomes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,599,840$7,900,401▲ $300,561
Land, Buildings, and Equipment, Net$4,273,995$4,054,228▼ $219,767
Accounts Receivable$444,539$493,918▲ $49,379
Investments Other Securities$334,094$309,813▼ $24,281
Savings and Temporary Cash Investments$81,572$271,348▲ $189,776
Inventories for Sale or Use-$91,440-
Prepaid Expenses and Deferred Charges$66,743$73,129▲ $6,386
Pledges and Grants Receivable$14,825$46,575▲ $31,750
Cash and Non-Interest-Bearing Accounts$4,230$6,348▲ $2,118
Total Assets$12,874,492$13,261,079▲ $386,587
Other Assets Total$54,654$13,879▼ $40,775
Liabilities
Accounts Payable and Accrued Expenses$384,829$426,661▲ $41,832
Unsecured Notes Loans Payable$45,341$17,014▼ $28,327
Other Liabilities$54,650$13,879▼ $40,771
Total Liabilities$484,820$457,554▼ $27,266
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,927,562$10,310,893▲ $383,331
Net Assets With Donor Restrictions$2,462,110$2,492,632▲ $30,522
Total Net Assets Fund Balance$12,389,672$12,803,525▲ $413,853
Total Liabilities and Net Assets / Fund Balance$12,874,492$13,261,079▲ $386,587

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,791,312$4,332,975$8,124,287
Equipment$228,131$648,787$876,918
Land$34,785-$34,785

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,412,578-▲ $82,430$36,920$2,435,882
2023$2,377,723-▲ $98,673$43,061$2,412,578
2022$2,339,511-▲ $71,772$14,159$2,377,723
2021$2,402,458-▼ $20,187$24,166$2,339,511
2020$2,348,509-▲ $517,663$437,618$2,402,458
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer EthridgePresident/CEOFT$135,308$36,124$171,432
Chris LookabillDirector of FinanceFT$105,030$13,154$118,184

Board Members and Trustees

NameTitle
Leslie HeidrickVice Chairman
Candace BrownDirector
Christopher CookDirector
Cybil JonesDirector
Dana BurrisDirector
Dennis Rivers SrDirector
Eric TaylorDirector
Jimmy Greene JrDirector
John HudsonDirector
Joy KingDirector
Judy JohnsonDirector
Marsha WoodardDirector
Paul Carroll TeeterDirector
Samuel SwaimDirector
Wa ClineDirector
Denise DurhamAssistant Treasurer
Mike TurlingtonChariman
Katina SimmonsSecretary
David ParksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,436,354
Program Service Revenue
$5,160,410
Investment Income
$221,264
Other Revenue
$180,930
All Other Contributions
$1,406,354
Change in Net Assets
$-162,888

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$520,065Fair Market Value
Securities Publicly Traded102$19,197Fair Market Value
Total Noncash Contributions102$539,262-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,974,452
Revenue Not Reported on Financial Statements
$24,506
Revenue Not Reported on Form 990
$493,555
Other Revenue Adjustments
$-60,123
Total Revenue per Audited Statements
$7,468,007
Total Revenue per Form 990
$6,998,958
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,117,858
Other Expenses$2,043,988
Total Fundraising Expense$273,001
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,741,831$158,035$144,977$4,044,843
Other Employee Benefits$326,484$43,813$13,753$384,050
Occupancy$300,389$21,424$1,899$323,712
Payroll Taxes$277,464$27,598$10,053$315,115
Current Officers, Directors, Trustees, and Key Employees-$295,224-$295,224
Insurance$237,198$28,524$4,087$269,809
All Other Expenses$165,560$48,738$48,997$263,295
Depreciation Depletion$216,555$38,216-$254,771
Office Expenses$133,791$40,874$483$175,148
Information Technology$80,154$70,149$18,842$169,145
Advertising$89,333$6,342$14,713$110,388
Fees for Service Investment Mgmnt Fees-$84,629-$84,629
Pension Plan Contributions$55,144$15,363$8,119$78,626
Travel$54,384$10,481$1,724$66,589
Other Expenses$39,060$10,988$1,724$51,772
Fees for Services Other$8,727$15,516$212$24,455
Fees for Services Accounting-$16,230-$16,230
Total Functional Expenses$5,886,185$1,002,660$273,001$7,161,846

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$7,161,846
Total Expenses per Audited Statements$7,137,340
Expenses per Audited Statements$7,077,217
Expenses Not Reported on Financial Statements$84,629
Expenses Not Reported on Form 990$60,123
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$120,428
Fundraising Direct Expenses$60,123
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fun Fest$79,172$79,172$22,760$56,412
Golf Swing$36,051$11,051$2,418$8,633
Total Events$150,428$120,428$60,123$60,305
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$13,879
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
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, Part VI, Section B, Line 11B

A copy of form 990 is provided to the board and reviewed by the finance committee.

Form 990, Part VI, Section B, Line 12C

Directors and officers of the organization are routinely asked to disclose any potential conflicts prior to board decision. During board orientation, board members are educated on this policy and are asked to make such notification known and to rescue themselves from the process.

Form 990, Part VI, Section B, Line 15

The organization submits and receives compensation data from a third-party agency for like organizations across the country. This information includes regional data for top executives and highly compensated employees. This information is reviewed and compared to current pay within the organization. That information is then submitted to the board compensation committee, which submits to both the executive committee and general board for approval.

Form 990, Part VI, Section C, Line 19

Policies and procedures are available for review by general public upon request in person at the organization's office.

Filing and Contact Details

Filer

Filer Name
NAZARETH CHILDREN'S HOME INC
EIN
56-0556754
Phone
7042795556
Address
PO BOX 1438, ROCKWELL, NC 28138
Doing Business As
Nazareth Child and Family Connection

Signing Officer

Name
Chris Lookabill
Title
Director of Finance
Phone
7042795556
Signed
2026-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Ethridge
Formed
1906
Legal Domicile
Nc
Voting Board Members
19
Independent Board Members
19
Employees
156
Volunteers
250

Preparer

Firm
Dmjps Pllc
Address
703 GREEN VALLEY ROAD SUITE 201, GREENSBORO, NC 27408
Preparer
Laura Hartley
Phone
3362759886
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has not changed either its review oversight process nor selection of an independent accountant process during the tax year.

Financial Statement Notes

PART IV, LINE 2B:

The organization maintains certian security deposits for residents.

PART X, LINE 2:

The organization is exempt from the federal and state income tax under the internal revenue code section 501(c)(3) and has been classified as other than a private foundation by the internal revenue service. Accordingly, no provision for income taxes is reflected in the financial statements. Contributions to the organization are tax deductible to donors under section 170 of the irc. It is the organization'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, the effect of the uncertain tax position may have on the financial statements. No material uncertain tax positions were identified during fiscal years ending 2025 or 2024.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Direct fundraising expenses -60,123.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses 60,123.

Raw XML AppendixShowing 400 of 712 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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IRS990/Desc0NAZARETH CHILDREN'S HOME, INC. DBA NAZARETH CHILD & FAMILY CONNECTION (THE ORGANIZATION) WAS FOUNDED IN 1906 IN ROWAN COUNTY AS A GROUP HOME FOR SCHOOL AGED CHILDREN WHO WERE ORPHANS. THE MISSION OF THE ORGANIZATION IS TO PROVIDE THE HIGHEST QUALITY OF SERVICES WITH A COMMITMENT TO EXCELLENCE WHILE EMPOWERING YOUTH AND FAMILIES IN DEVELOPING SOLUTIONS THAT ENSURE SUCCESSFUL OUTCOMES. THE ORGANIZATION OPERATES RESIDENTIAL GROUP STYLE LIVING AND FOSTER CARE PROGRAMS, ALONG WITH MULTIPLE OUTPATIENT MENTAL HEALTH AND SUBSTANCE ABUSE CLINICS. REFERRALS ARE RECEIVED FROM LOCAL DEPARTMENTS OF SOCIAL SERVICES, JUVENILE SERVICES, FAMILIES, PRIMARY CARE PROVIDERS, LOCAL LME/MCOS AND THE JUSTICE DEPARTMENT. THE ORGANIZATION RECEIVES REVENUE FOR SERVICES PREFORMED FROM GOVERNMENTAL AGENCIES AND PRIVATE INSURANCE, IN ADDITION TO RECEIVING PUBLIC AND PRIVATE CONTRIBUTIONS. IN FY25, THE ORGANIZATION HAD AN AVERAGE OF 40 CHILDREN PER MONTH IN RESIDENTIAL PROGRAMS, AND 7,875 CHARGEABLE VISITS TO ITS CLINICS
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IRS990/Form990PartVIISectionAGrp/PersonNm7CANDACE BROWN
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IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL CARROLL TEETER
IRS990/Form990PartVIISectionAGrp/PersonNm10JOY KING
IRS990/Form990PartVIISectionAGrp/PersonNm11JIMMY GREENE JR
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IRS990/Form990PartVIISectionAGrp/PersonNm17WA CLINE
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IRS990/Form990PartVIISectionAGrp/PersonNm20CHRIS LOOKABILL
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF FINANCE
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION ALSO OPERATES A THRIFT SHOP IN SALISBURY, NC WHERE DONATED ITEMS ARE SOLD TO THE PUBLIC
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IRS990/PYBenefitsPaidToMembersAmt00
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