Civic Intelligence

The Arc of North Carolina Inc.

990 • Fiscal year 2014 • EIN 56-0753097

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 21, 2015

343 E Six Forks Road Suite 32027609

(919) 782-4632

Siviq Scores

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

Liabilities / Assets

57th percentile

0.42x

Higher debt load relative to assets than 57% of similar nonprofits.

2014 filings • NTEE P • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

17th percentile

0.09x

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

2014 filings • NTEE P • $10M-$25M nonprofits • Source year 2014

Net Margin

38th percentile

-0.0%

Higher net margin than 38% of similar nonprofits.

2014 filings • NTEE P • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

17th percentile

$113,607

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2014 filings • NTEE P • $10M-$25M nonprofits • Source year 2014

Asset Growth

6th percentile

-12%

Faster asset growth than 6% of similar nonprofits.

2014 filings • NTEE P • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-9.8%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • NTEE P • $10M-$25M nonprofits • Annualized from 2012 to 2014

Assets

Down

$3,229,862

Down $441,301 (-12%) from 2013

Net Assets

Up

$1,863,312

Up $64,494 (+3.6%) from 2013

Liabilities

Down

$1,366,550

Down $505,795 (-27%) from 2013

Revenue

$15,775,286

No earlier filing loaded for comparison.

Expenses

Down

$15,780,199

Down $1,609,776 (-9.3%) from 2013

Net Income

-$4,913

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,479,841Liabilities 2011: $1,758,273Net Assets 2011: $1,721,5682011Assets 2012: $3,596,877Liabilities 2012: $1,647,621Net Assets 2012: $1,949,2562012Assets 2013: $3,671,163Liabilities 2013: $1,872,345Net Assets 2013: $1,798,8182013Assets 2014: $3,229,862Liabilities 2014: $1,366,550Net Assets 2014: $1,863,3122014Assets 2015: $2,716,363Liabilities 2015: $981,166Net Assets 2015: $1,735,1972015Assets 2016: $3,036,520Liabilities 2016: $1,527,980Net Assets 2016: $1,508,5402016Assets 2017: $2,867,106Liabilities 2017: $1,356,692Net Assets 2017: $1,510,4142017Assets 2018: $2,894,879Liabilities 2018: $1,314,561Net Assets 2018: $1,580,3182018Assets 2019: $2,945,655Liabilities 2019: $1,727,637Net Assets 2019: $1,218,0182019Assets 2020: $4,232,511Liabilities 2020: $1,126,959Net Assets 2020: $3,105,5522020Assets 2021: $5,247,562Liabilities 2021: $1,449,784Net Assets 2021: $3,797,7782021Assets 2022: $5,127,318Liabilities 2022: $1,501,453Net Assets 2022: $3,625,8652022Assets 2023: $6,458,725Liabilities 2023: $3,036,919Net Assets 2023: $3,421,8062023Assets 2024: $6,629,583Liabilities 2024: $4,027,163Net Assets 2024: $2,602,4202024Assets 2025: $7,178,756Liabilities 2025: $5,916,550Net Assets 2025: $1,262,2062025

Highlighted filing

2014

Assets$3,229,862
Liabilities$1,366,550
Net Assets$1,863,312

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $20,353,581Expenses 2011: $19,748,627Net Income 2011: $604,9542011Revenue 2012: $19,380,939Expenses 2012: $19,164,911Net Income 2012: $216,0282012Expenses 2013: $17,389,9752013Revenue 2014: $15,775,286Expenses 2014: $15,780,199Net Income 2014: -$4,9132014Revenue 2015: $16,424,985Expenses 2015: $16,444,270Net Income 2015: -$19,2852015Revenue 2016: $17,199,975Expenses 2016: $17,446,497Net Income 2016: -$246,5222016Revenue 2017: $18,166,327Expenses 2017: $18,216,238Net Income 2017: -$49,9112017Revenue 2018: $19,758,120Expenses 2018: $19,709,739Net Income 2018: $48,3812018Revenue 2019: $20,301,273Expenses 2019: $20,545,614Net Income 2019: -$244,3412019Revenue 2020: $23,386,458Expenses 2020: $21,513,842Net Income 2020: $1,872,6162020Revenue 2021: $22,153,285Expenses 2021: $21,510,673Net Income 2021: $642,6122021Revenue 2022: $21,551,807Expenses 2022: $21,636,733Net Income 2022: -$84,9262022Revenue 2023: $24,790,315Expenses 2023: $25,060,277Net Income 2023: -$269,9622023Revenue 2024: $27,312,200Expenses 2024: $28,198,609Net Income 2024: -$886,4092024Revenue 2025: $28,914,095Expenses 2025: $30,159,175Net Income 2025: -$1,245,0802025

Highlighted filing

2014

Revenue$15,775,286
Expenses$15,780,199
Net Income-$4,913
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 21, 2015
Return Version
2013v4.0
Gross Receipts
$15,914,137
Mission and Program Overview

Mission

The Arc of North Carolina is committed to securing for all people with intellectual and developmental disabilities the opportunity to choose and realize their goals of where and how they learn, live, work, and play.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$1,939,420$1,438,562▼ $500,858
Investments in Publicly Traded Securities$952,401$1,074,295▲ $121,894
Prepaid Expenses and Deferred Charges$135,981$138,343▲ $2,362
Cash and Non-Interest-Bearing Accounts$34,873$104,345▲ $69,472
Land, Buildings, and Equipment, Net$145,815$95,393▼ $50,422
Other Notes and Loans Receivable, Net$115,958$88,046▼ $27,912
Accounts Receivable$10,224$65,354▲ $55,130
Savings and Temporary Cash Investments$5,479$5,482▲ $3
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$3,671,163$3,229,862▼ $441,301
Other Assets Total$331,012$220,042▼ $110,970
Liabilities
Accounts Payable and Accrued Expenses$1,038,012$985,366▼ $52,646
Mortgage Notes Payable Secured by Investment Property$699,628$290,000▼ $409,628
Other Liabilities$134,705$88,404▼ $46,301
Deferred Revenue-$2,780-
Total Liabilities$1,872,345$1,366,550▼ $505,795
Net Assets / Fund Balance
Unrestricted Net Assets$924,285$1,112,187▲ $187,902
Temporarily Rstr Net Assets$691,407$567,999▼ $123,408
Permanently Rstr Net Assets$183,126$183,126→ $0
Total Net Assets Fund Balance$1,798,818$1,863,312▲ $64,494
Total Liabilities and Net Assets / Fund Balance$3,671,163$3,229,862▼ $441,301

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$92,873$347,300$440,173
Land$2,520-$2,520
Other Assets Org$205,178--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$183,126-▲ $19,883$19,883$183,126
2012$183,126-▲ $16,459$16,459$183,126
2011$183,126-▲ $5,793$5,793$183,126
2010$183,126-▲ $36,900$36,900$183,126
2009$183,126-▲ $18,332$18,332$183,126
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa PoteatExecutive DirectorFT$113,607-$113,607
David RichardExec. DirectorFT$90,009$4,028$94,037

Board Members and Trustees

NameTitle
Ann BaloghPast president
Adonis BrownPresident
Bonnie NelsonDirector
Brandon RizzutiDirector
Brenda HinsonDirector
Brian Van HookDirector
Chris EganDirector
Clementine BrownDirector
Don ThompsonDirector
Elisha BurnsDirector
Inez DudleyDirector
Jeff SmithDirector
Jeremiah ManningDirector
Jerry JonesDirector
Johnny JohnsonDirector
Larry HinsonDirector
Linda McDanielDirector
Marvin AlligoodDirector
Sara OsborneDirector
Susan LenfesteyDirector
Thomas GromkoDirector
Tracy WarrenDirector
Vicki SmithDirector
Beth HansenEast Region VP
Phil StanberryN C Region VP
Ryan PlattS C Region VP
Rhonda SchandevelSecretary
Robert BradstockSenior VP
Ed McShaneTreasurer
Marie SmithWest Region VP

Highest Paid Contractors

ContractorServicesLocationCompensation
Thomas Judy & TuckerAccounting-$419,877
Manuel W Lloyd ConsultingConsulting-$120,743
Revenue and Support

Revenue Composition

Contributions and Grants
$562,469
Program Service Revenue
$14,819,136
Investment Income
$53,369
Other Revenue
$340,312
All Other Contributions
$65,637
Change in Net Assets
$-4,913

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,775,286
Revenue Not Reported on Form 990
$69,407
Total Revenue per Audited Statements
$15,844,693
Total Revenue per Form 990
$15,775,286
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,677,272
Other Expenses$4,102,927
Total Fundraising Expense$27,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,666,546$274,448$8,575$9,949,569
Payroll Taxes$830,812$24,625$730$856,167
Other Employee Benefits$473,679$127,433$729$601,841
Occupancy$431,059$94,613$742$526,414
Fees for Services Accounting$36,624$441,247-$477,871
Fees for Services Management$300,581$67,372-$367,953
Travel$204,303$46,801$336$251,440
Information Technology$16,281$228,613-$244,894
All Other Expenses$104,003$95,825$15,293$215,121
Office Expenses$145,186$52,690$66$197,942
Current Officers, Directors, Trustees, and Key Employees$136,677$5,515$127$142,319
Pension Plan Contributions$122,030$5,188$158$127,376
Conferences and Meetings$46,517$42,439$27$88,983
Other Expenses$65,826$17,195$196$83,021
Insurance$3,021$70,769-$73,790
Depreciation Depletion$54,775$1,555$49$56,379
Interest-$46,769-$46,769
Payments to Affiliates$9,000--$9,000
Total Functional Expenses$13,926,717$1,826,454$27,028$15,780,199

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$15,780,199
Total Expenses per Audited Statements$15,780,199
Total Expenses per Form 990$15,780,199
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
Yes
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds held in trust$88,404
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

At the annual convention of The Arc of North Carolina, each chapter is given a number of votes based on the number of members it has to use for the election of the governing body (board of directors). The chapters send representatives to the annual convention and assign the votes designated to their chapter to the members that they choose to be their representatives.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Members approve any changes to the process of the election of the board of directors through the annual business meeting at the annual convention. Members do not approve any other specific board decisions.

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

The CEO and CFO review in detail the Form 990 prior to filing. We then share the copy that was filed with the board and review any significant items and questions concerning the 990 filing.

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

Board members and key staff disclose any conflicts at regular scheduled board meetings. Members recuse themselves from action on items that present a conflict.

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

For the Executive Director, the officers poll other similar non-profits in North Carolina to determine the range of compensation. The officers complete an annual review of the Executive Director and determine if compensation is consistent with ranges, performance, and economic factors. The Executive Director determines through market comparisons, salary ranges for key positions. Following evaluation, compensation is set based upon market comparisons, performance and economic conditions.

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

Currently, any governing documents that do not have protected health or employee information are available by request. Such information may also be posted on the Organization's web site.

Filing and Contact Details

Filer

EIN
56-0753097
Phone
9197824632

Signing Officer

Name
John Nash
Title
Executive Director
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Nash
Formed
1954
Legal Domicile
Nc
Voting Board Members
30
Independent Board Members
30
Employees
848
Volunteers
140

Preparer

Preparer
Jonathan L Apple CPA
Phone
3368544277
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code except on net income derived from unrelated business activities. The Organization has no qualified unrelated business income. The Organization has evaluated all tax positions to identify any that might be uncertain. No material uncertain tax positions were identified for the year ended June 30, 2014. Accordingly, no provision for income tax has been recorded in the financial statements. The statute of limitations remains open subsequent to and including the year ended June 30, 2011.

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IRS990/Form990PartVIISectionAGrp/PersonNm8Ryan Platt
IRS990/Form990PartVIISectionAGrp/PersonNm9Jerry Jones
IRS990/Form990PartVIISectionAGrp/PersonNm10Larry Hinson
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IRS990/Form990PartVIISectionAGrp/PersonNm12Beth Hansen
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IRS990/Form990PartVIISectionAGrp/PersonNm16Jeff Smith
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IRS990/Form990PartVIISectionAGrp/PersonNm21Brian Van Hook
IRS990/Form990PartVIISectionAGrp/PersonNm22Linda McDaniel
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IRS990/Form990PartVIISectionAGrp/PersonNm26Robert Bradstock
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IRS990/Form990PartVIISectionAGrp/PersonNm29Ann Balogh
IRS990/Form990PartVIISectionAGrp/PersonNm30Lisa Poteat
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4N C Region VP
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25President
IRS990/Form990PartVIISectionAGrp/TitleTxt26Senior VP
IRS990/Form990PartVIISectionAGrp/TitleTxt27Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt28Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt29Past president
IRS990/Form990PartVIISectionAGrp/TitleTxt30Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt31Exec. Dir.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.18$5.92$1.26$28.9$30.2$1.25
2024Detailed filing. Detailed filing data is available for this year.$6.63$4.03$2.60$27.3$28.2$0.89
2023Detailed filing. Detailed filing data is available for this year.$6.46$3.04$3.42$24.8$25.1$0.27
2022Detailed filing. Detailed filing data is available for this year.$5.13$1.50$3.63$21.6$21.6$0.08
2021Detailed filing. Detailed filing data is available for this year.$5.25$1.45$3.80$22.2$21.5$0.64
2020Detailed filing. Detailed filing data is available for this year.$4.23$1.13$3.11$23.4$21.5$1.87
2019Detailed filing. Detailed filing data is available for this year.$2.95$1.73$1.22$20.3$20.5$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.89$1.31$1.58$19.8$19.7$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.87$1.36$1.51$18.2$18.2$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.04$1.53$1.51$17.2$17.4$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.98$1.74$16.4$16.4$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.23$1.37$1.86$15.8$15.8$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$1.87$1.80$17.4
2012Summary only. Only limited summary data is available for this year.$3.60$1.65$1.95$19.4$19.2$0.22
2011Summary only. Only limited summary data is available for this year.$3.48$1.76$1.72$20.4$19.7$0.60