Civic Intelligence

Lee County Group Homes Inc

990 • Fiscal year 2022 • EIN 56-1025788

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 11, 2022

PO Box 1373Sanford, NC 27331-1373

(919) 776-1120

Siviq Scores

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

Liabilities / Assets

99th percentile

9.01x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

0.13x

Higher debt load relative to revenue than 78% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

32nd percentile

-5.1%

Higher net margin than 32% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$32,402

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2022 filings • 501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

4th percentile

-78%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

22nd percentile

-13%

Faster revenue growth than 22% of similar nonprofits.

2022 filings • 501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$3,248

Down $11,628 (-78%) from 2021

Net Assets

Down

-$26,024

Down $11,607 (-81%) from 2021

Liabilities

Down

$29,272

Down $21 (-0.1%) from 2021

Revenue

Down

$229,230

Down $35,526 (-13%) from 2021

Expenses

Down

$240,837

Down $52,526 (-18%) from 2021

Net Income

Up

-$11,607

Up $17,000 (+59%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2011: $37,580Liabilities 2011: $3,779Net Assets 2011: $33,8012011Assets 2012: $59,969Liabilities 2012: $6,818Net Assets 2012: $53,1512012Assets 2013: $67,266Liabilities 2013: $7,005Net Assets 2013: $60,2612013Assets 2014: $89,781Liabilities 2014: $4,580Net Assets 2014: $85,2012014Assets 2015: $48,814Liabilities 2015: $494Net Assets 2015: $48,3202015Assets 2016: $506Liabilities 2016: $5,056Net Assets 2016: -$4,5502016Assets 2017: -$3,839Liabilities 2017: $3,172Net Assets 2017: -$7,0112017Assets 2018: $764Liabilities 2018: $6,663Net Assets 2018: -$5,8992018Assets 2019: $9,650Liabilities 2019: $3,756Net Assets 2019: $5,8942019Assets 2020: $49,184Liabilities 2020: $72,434Net Assets 2020: -$23,2502020Assets 2021: $14,876Liabilities 2021: $29,293Net Assets 2021: -$14,4172021Assets 2022: $3,248Liabilities 2022: $29,272Net Assets 2022: -$26,0242022Assets 2023: $7,208Liabilities 2023: $29,087Net Assets 2023: -$21,8792023Assets 2024: $10,176Liabilities 2024: $32,611Net Assets 2024: -$22,4352024Assets 2025: $347,835Liabilities 2025: $5,694Net Assets 2025: $342,1412025

Highlighted filing

2022

Assets$3,248
Liabilities$29,272
Net Assets-$26,024

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $0Expenses 2011: $318,923Net Income 2011: -$318,9232011Expenses 2012: $325,2092012Revenue 2013: $0Expenses 2013: $348,094Net Income 2013: -$348,0942013Revenue 2014: $335,771Expenses 2014: $300,288Net Income 2014: $35,4832014Revenue 2015: $288,499Expenses 2015: $314,657Net Income 2015: -$26,1582015Revenue 2016: $247,379Expenses 2016: $290,332Net Income 2016: -$42,9532016Revenue 2017: $293,798Expenses 2017: $289,557Net Income 2017: $4,2412017Revenue 2018: $279,059Expenses 2018: $270,217Net Income 2018: $8,8422018Revenue 2019: $275,713Expenses 2019: $263,920Net Income 2019: $11,7932019Revenue 2020: $276,711Expenses 2020: $305,855Net Income 2020: -$29,1442020Revenue 2021: $264,756Expenses 2021: $293,363Net Income 2021: -$28,6072021Revenue 2022: $229,230Expenses 2022: $240,837Net Income 2022: -$11,6072022Revenue 2023: $234,739Expenses 2023: $230,594Net Income 2023: $4,1452023Revenue 2024: $228,873Expenses 2024: $229,429Net Income 2024: -$5562024Revenue 2025: $787,395Expenses 2025: $422,819Net Income 2025: $364,5762025

Highlighted filing

2022

Revenue$229,230
Expenses$240,837
Net Income-$11,607
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$229,230
Mission and Program Overview

Mission

Home for mentally handicapped

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$14,440$2,997▼ $11,443
Land, Buildings, and Equipment, Net$436$251▼ $185
Total Assets$14,876$3,248▼ $11,628
Liabilities
Unsecured Notes Loans Payable$25,000$25,000→ $0
Other Liabilities$4,293$4,272▼ $21
Total Liabilities$29,293$29,272▼ $21
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-14,417$-26,024▼ $11,607
Total Net Assets Fund Balance$-14,417$-26,024▼ $11,607
Total Liabilities and Net Assets / Fund Balance$14,876$3,248▼ $11,628

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$251$39,472$39,723
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy BaldwinBoard MemberFT$32,402$32,402

Board Members and Trustees

NameTitle
Mary BennettBoard Member
Nadine OverbyBoard Member
Sarah SuittBoard Member
Connie SuittSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$229,230
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,516
Change in Net Assets
$-11,607
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$137,152
Other Expenses$103,685
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,026--$94,026
Occupancy$72,151--$72,151
Current Officers, Directors, Trustees, and Key Employees$32,402--$32,402
Payroll Taxes$10,724--$10,724
All Other Expenses$7,956--$7,956
Office Expenses$6,877--$6,877
Fees for Services Accounting$6,500--$6,500
Travel$5,237--$5,237
Insurance$4,359--$4,359
Fees for Services Other$420--$420
Depreciation Depletion$185--$185
Total Functional Expenses$240,837$0$0$240,837
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Food Lion Credit Card$2,180
Payroll Liabilities$2,092
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

GOVERNING BODY REVIEW

Governing documents etc available to public Part VI line 19

Governing documents available to public upon request

Filing and Contact Details

Filer

Filer Name
Lee County Group Home Inc
EIN
56-1025788
Address
PO BOX 1373, SANFORD, NC 27331-1373

Signing Officer

Name
Jeremy Baldwin
Title
Board Member
Phone
9193565995
Signed
2022-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
0
Employees
13

Preparer

Firm
RC Accounting Corp
Address
301 N Moore St, Sanford, NC 27330-3944
Preparer
Randall J Douglas
Phone
9197761120
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.48$0.06$3.42$7.87$4.23$3.65
2024Detailed filing. Detailed filing data is available for this year.$0.10$0.33$0.22$2.29$2.29$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.07$0.29$0.22$2.35$2.31$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.29$0.26$2.29$2.41$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.29$0.14$2.65$2.93$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.49$0.72$0.23$2.77$3.06$0.29
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.04$0.06$2.76$2.64$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.07$0.06$2.79$2.70$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.03$0.07$2.94$2.90$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.05$0.05$2.47$2.90$0.43
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.48$2.88$3.15$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.90$0.05$0.85$3.36$3.00$0.35
2013Summary only. Only limited summary data is available for this year.$0.67$0.07$0.60$0.00$3.48$3.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.07$0.53$3.25
2011Summary only. Only limited summary data is available for this year.$0.38$0.04$0.34$0.00$3.19$3.19