Civic Intelligence

Imprints Cares

990 • Fiscal year 2023 • EIN 56-0949178

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

711 Coliseum Plaza CTWinstonsalem, NC 27106

(336) 722-6296

Siviq Scores

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

Liabilities / Assets

70th percentile

0.52x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.35x

Higher debt load relative to revenue than 58% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Net Margin

47th percentile

2.2%

Higher net margin than 47% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

52nd percentile

$140,398

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2023 filings • NTEE B • $5M-$10M nonprofits • Source year 2023

Asset Growth

88th percentile

86%

Faster asset growth than 88% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

26%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$3,741,042

Up $1,730,675 (+86%) from 2022

Net Assets

Up

$1,782,524

Up $121,028 (+7.3%) from 2022

Liabilities

Up

$1,958,518

Up $1,609,647 (+461%) from 2022

Revenue

Up

$5,543,225

Up $1,146,231 (+26%) from 2022

Expenses

Up

$5,422,197

Up $993,415 (+22%) from 2022

Net Income

Up

$121,028

Up $152,816 (+481%) from 2022

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: $187,781Liabilities 2011: $65,346Net Assets 2011: $122,4352011Assets 2012: $124,653Liabilities 2012: $70,473Net Assets 2012: $54,1802012Assets 2013: $107,124Liabilities 2013: $52,262Net Assets 2013: $54,8622013Assets 2014: $193,678Liabilities 2014: $48,444Net Assets 2014: $145,2342014Assets 2015: $325,988Liabilities 2015: $63,719Net Assets 2015: $262,2692015Assets 2016: $667,160Liabilities 2016: $114,277Net Assets 2016: $552,8832016Assets 2017: $827,559Liabilities 2017: $170,625Net Assets 2017: $656,9342017Assets 2018: $1,141,109Liabilities 2018: $345,602Net Assets 2018: $795,5072018Assets 2019: $1,088,341Liabilities 2019: $387,555Net Assets 2019: $700,7862019Assets 2020: $2,046,890Liabilities 2020: $1,070,337Net Assets 2020: $976,5532020Assets 2021: $1,953,606Liabilities 2021: $260,322Net Assets 2021: $1,693,2842021Assets 2022: $2,010,367Liabilities 2022: $348,871Net Assets 2022: $1,661,4962022Assets 2023: $3,741,042Liabilities 2023: $1,958,518Net Assets 2023: $1,782,5242023Assets 2024: $7,378,325Liabilities 2024: $2,074,226Net Assets 2024: $5,304,0992024Assets 2025: $7,962,310Liabilities 2025: $2,206,318Net Assets 2025: $5,755,9922025

Highlighted filing

2023

Assets$3,741,042
Liabilities$1,958,518
Net Assets$1,782,524

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $1,913,461Expenses 2011: $1,789,115Net Income 2011: $124,3462011Revenue 2012: $1,476,220Expenses 2012: $1,654,475Net Income 2012: -$178,2552012Revenue 2013: $1,738,355Expenses 2013: $1,737,673Net Income 2013: $6822013Revenue 2014: $1,828,087Expenses 2014: $1,737,715Net Income 2014: $90,3722014Revenue 2015: $1,961,111Expenses 2015: $1,844,076Net Income 2015: $117,0352015Revenue 2016: $2,153,252Expenses 2016: $1,909,063Net Income 2016: $244,1892016Revenue 2017: $2,619,559Expenses 2017: $2,515,508Net Income 2017: $104,0512017Revenue 2018: $3,043,775Expenses 2018: $2,905,202Net Income 2018: $138,5732018Revenue 2019: $3,482,823Expenses 2019: $3,577,544Net Income 2019: -$94,7212019Revenue 2020: $4,266,216Expenses 2020: $3,990,449Net Income 2020: $275,7672020Revenue 2021: $3,983,412Expenses 2021: $3,221,681Net Income 2021: $761,7312021Revenue 2022: $4,396,994Expenses 2022: $4,428,782Net Income 2022: -$31,7882022Revenue 2023: $5,543,225Expenses 2023: $5,422,197Net Income 2023: $121,0282023Revenue 2024: $9,295,820Expenses 2024: $5,774,290Net Income 2024: $3,521,5302024Revenue 2025: $6,180,508Expenses 2025: $5,728,615Net Income 2025: $451,8932025

Highlighted filing

2023

Revenue$5,543,225
Expenses$5,422,197
Net Income$121,028
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$5,628,845
Mission and Program Overview

Mission

Imprints cares strengthens families through services and partnerships to prepare children for life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$806,034$1,770,068▲ $964,034
Cash and Non-Interest-Bearing Accounts$251,299$1,330,559▲ $1,079,260
Pledges and Grants Receivable$126,000$428,727▲ $302,727
Savings and Temporary Cash Investments$782,130$123,174▼ $658,956
Prepaid Expenses and Deferred Charges$25,097$11,695▼ $13,402
Accounts Receivable$13,239$2,581▼ $10,658
Total Assets$2,010,367$3,741,042▲ $1,730,675
Other Assets Total$6,568$74,238▲ $67,670
Liabilities
Other Liabilities$133,848$979,433▲ $845,585
Unsecured Notes Loans Payable-$768,682-
Deferred Revenue$121,657$115,381▼ $6,276
Accounts Payable and Accrued Expenses$93,366$95,022▲ $1,656
Total Liabilities$348,871$1,958,518▲ $1,609,647
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$863,592$1,036,903▲ $173,311
Net Assets With Donor Restrictions$797,904$745,621▼ $52,283
Total Net Assets Fund Balance$1,661,496$1,782,524▲ $121,028
Total Liabilities and Net Assets / Fund Balance$2,010,367$3,741,042▲ $1,730,675

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,343,568$36,356$1,379,924
Equipment$116,712$286,220$402,932
Land$196,200-$196,200
Other Land Buildings$113,588$535$114,123
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Claudia BarrettExecutive DiFT$127,416$12,982$140,398

Board Members and Trustees

NameTitle
Lynn SegalPresident
Bill OakesBoard Member
Dion HillardBoard Member
Jaye PowellBoard Member
Joe CarrollBoard Member
Kami ChavisBoard Member
Laurie AlbertiniBoard Member
Linwood DavisBoard Member
Macrae RobinsonBoard Member
Margaret PikeBoard Member
Rebecca McneelyBoard Member
Rev Angelica Regalado CiezaBoard Member
Tonya MonteiroBoard Member
Tricia McmanusBoard Member
Mary BoltonSecretary
Jennifer HudsonTreasurer
Elizabeth DampierVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,576,937
Program Service Revenue
$2,954,479
Investment Income
$-26,504
Other Revenue
$38,313
All Other Contributions
$925,021
Change in Net Assets
$121,028

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-$31,729Fair Market Value
Other Non Cash Contri Table3$11,375Fair Market Value
Books and Publications-$9,544Fair Market Value
Total Noncash Contributions3$52,648-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,579,143
Revenue Not Reported on Financial Statements
$-35,918
Revenue Not Reported on Form 990
$53,002
Other Revenue Adjustments
$-35,918
Total Revenue per Audited Statements
$5,632,145
Total Revenue per Form 990
$5,543,225
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,201,264
Other Expenses$1,220,933
Total Fundraising Expense$109,602
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,191,892$295,645$22,923$3,510,460
Payroll Taxes$260,205$21,301$1,813$283,319
Other Employee Benefits$188,376$43,289$4,497$236,162
Current Officers, Directors, Trustees, and Key Employees$117,116$12,059$989$130,164
Fees for Services Other$76,244$42,250-$118,494
Insurance$59,233$49,595-$108,828
Fees for Services Accounting$61,262$33,948-$95,210
Depreciation Depletion$76,059$14,195-$90,254
All Other Expenses$55,672$29,070$95$84,837
Office Expenses$39,815$5,094$81$44,990
Pension Plan Contributions$32,831$7,544$784$41,159
Advertising$23,652$4,761$11,583$39,996
Travel$26,722$10,602$181$37,505
Other Expenses$21,643$10,867$4,636$37,146
Interest$23,000$9,669-$32,669
Occupancy$22,775$4,567-$27,342
Conferences and Meetings$5,836--$5,836
Fees for Services Legal$1,270$703-$1,973
Total Functional Expenses$4,658,060$654,535$109,602$5,422,197

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,511,117
Expenses per Audited Statements$5,422,197
Total Expenses per Form 990$5,422,197
Expenses Not Reported on Form 990$88,920
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,905
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
LET'S GET QUIZZ$62,690-$32,905-
Total Events$62,690-$32,905$-32,905
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Advance$717,000
Payroll Liabilities$200,360
Right of Use Liability$62,073
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, Page 6, Part VI, Line 11B

The 990 is presented to the board of directors for review before it is filed.

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

Board members are required to sign a conflict of interest statement each year and report any potential known conflicts.

Form 990, Page 6, Part VI, Line 15A

Officer salaries are based on comparability studies. Compensation is determined using salary data from similar organizations in winston-salem as well as information from the center for non-profits.

Form 990, Page 6, Part VI, Line 15B

Officer salaries are based on comparability studies. Compensation is determined using salary data from similar organizations in winston-salem as well as information from the center for non-profits.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Imprints Cares
EIN
56-0949178
Phone
3367226296
Address
711 COLISEUM PLAZA CT, WINSTONSALEM, NC 27106

Signing Officer

Name
Margaret Pike
Title
President
Phone
3367237416
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Claudia Barrett
Formed
1969
Legal Domicile
Nc
Voting Board Members
18
Independent Board Members
17
Employees
356
Volunteers
160

Preparer

Firm
Butler Burke Llp
Address
100 CLUB OAKS COURT SUITE A, WINSTONSALEM, NC 27104
Preparer
Jane R Potter
Phone
3367682310
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is a not-for-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, income tax expense is limited to activities that are deemed by the internal revenue service to be unrelated to their exempt purpose. The organizations primary tax positions relate to its status as a not- for-profit entity exempt from income taxes and classification of activities related to its exempt purpose. It is the opinion of management that the organization has no uncertain tax positions that would be subject to change upon examination. The organization is required to file a federal exempt organization tax return (form 990) annually to retain its exempt status. The organization is also required to file an exempt organization business income tax return (form 990-t) for any year unrelated business income exceeds 1,000. The organizations form 990 filings are generally subject to examination by the internal revenue service for three years after they are filed.

Schedule D, Page 4, Part XI, Line 2D

Fundraising event expenses netted with revenue 32,905

Schedule D, Page 4, Part XI, Line 4B

LOSS ON DISPOSAL -35,918

Schedule D, Page 4, Part XII, Line 2D

Fundraising event expenses netted with revenue 32,905

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IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17SECRETARY
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IRS990/FormationYr01969
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IRS990/InsuranceGrp/ProgramServicesAmt059233
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IRS990/IRPDocumentCnt013
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt01770068
IRS990/LandBldgEquipCostOrOtherBssAmt02093179
IRS990/LegalDomicileStateCd0NC
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IRS990/LessRentalExpensesGrp/RealAmt016797
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0IMPRINTS CARES STRENGTHENS FAMILIES THROUGH SERVICES AND PARTNERSHIPS TO PREPARE CHILDREN FOR LIFE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt01782524
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt010137
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IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt059753
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IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
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IRS990/OtherExpensesGrp/FundraisingAmt18939
IRS990/OtherExpensesGrp/FundraisingAmt24636
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IRS990/OtherExpensesGrp/ProgramServicesAmt1122340
IRS990/OtherExpensesGrp/ProgramServicesAmt262354
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IRS990/OtherExpensesGrp/TotalAmt273322
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IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
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IRS990/PrincipalOfficerNm0CLAUDIA BARRETT
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IRS990/ProgSrvcAccomActy2Grp/Desc0IMPRINTS CARES READY FOR SCHOOL PROGRAMS TARGET THE NEEDS OF CHILDREN IN POVERTY (BIRTH TO 5 YEARS). IMPRINTS CARES IS AN EARLY CHILDHOOD EDUCATION NONPROFIT IN FORSYTH COUNTY, NC WHICH HELPS TO BREAK THE CYCLE OF POVERTY AND PROVIDES FAMILIES WITH THE TOOLS THAT THEY NEED TO RAISE CHILDREN WHO ARE SOCIALLY, EMOTIONALLY, AND ACADEMICALLY READY TO ENTER KINDERGARTEN. OUR READY FOR SCHOOL PROGRAMS INCLUDE THE EVIDENCE-BASED PARENTS AS TEACHERS PROGRAM, THE PEDIATRIC HOLISTIC HEALTH INITIATIVE WHICH EMBEDS FAMILY EDUCATORS INTO PEDIATRIC PRACTICES WITH HIGH MEDICAID POPULATIONS, AND LITERACY INITIATIVES WHICH PROVIDE NEW BOOKS TO YOUNG CHILDREN.
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IRS990/PYOtherRevenueAmt01915
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt032,572
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01428121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03075652
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01919799
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01087418
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010087927

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.96$2.21$5.76$6.18$5.73$0.45
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$2.07$5.30$9.30$5.77$3.52
2023Detailed filing. Detailed filing data is available for this year.$3.74$1.96$1.78$5.54$5.42$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.35$1.66$4.40$4.43$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.26$1.69$3.98$3.22$0.76
2020Summary only. Only limited summary data is available for this year.$2.05$1.07$0.98$4.27$3.99$0.28
2019Summary only. Only limited summary data is available for this year.$1.09$0.39$0.70$3.48$3.58$0.09
2018Summary only. Only limited summary data is available for this year.$1.14$0.35$0.80$3.04$2.91$0.14
2017Summary only. Only limited summary data is available for this year.$0.83$0.17$0.66$2.62$2.52$0.10
2016Summary only. Only limited summary data is available for this year.$0.67$0.11$0.55$2.15$1.91$0.24
2015Summary only. Only limited summary data is available for this year.$0.33$0.06$0.26$1.96$1.84$0.12
2014Summary only. Only limited summary data is available for this year.$0.19$0.05$0.15$1.83$1.74$0.09
2013Summary only. Only limited summary data is available for this year.$0.11$0.05$0.05$1.74$1.74$0.00
2012Summary only. Only limited summary data is available for this year.$0.12$0.07$0.05$1.48$1.65$0.18
2011Summary only. Only limited summary data is available for this year.$0.19$0.07$0.12$1.91$1.79$0.12