Civic Intelligence

Caring for Children Inc

990 • Fiscal year 2016 • EIN 56-1182686

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

PO Box 19113Asheville, NC 28815

(828) 298-0186

Siviq Scores

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

Liabilities / Assets

74th percentile

0.38x

Higher debt load relative to assets than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.19x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

36th percentile

-1.9%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

87th percentile

$177,941

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-2.4%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

62nd percentile

8.3%

Faster revenue growth than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,805,857

Down $45,023 (-2.4%) from 2015

Net Assets

Down

$1,119,373

Down $173,041 (-13%) from 2015

Liabilities

Up

$686,484

Up $128,018 (+23%) from 2015

Revenue

Up

$3,542,085

Up $270,341 (+8.3%) from 2015

Expenses

Up

$3,607,951

Up $277,516 (+8.3%) from 2015

Net Income

Down

-$65,866

Down $7,175 (-12%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,207,146Liabilities 2011: $478,942Net Assets 2011: $728,2042011Assets 2012: $1,335,216Liabilities 2012: $580,158Net Assets 2012: $755,0582012Assets 2013: $1,258,302Liabilities 2013: $490,403Net Assets 2013: $767,8992013Assets 2014: $1,181,190Liabilities 2014: $484,904Net Assets 2014: $696,2862014Assets 2015: $1,850,880Liabilities 2015: $558,466Net Assets 2015: $1,292,4142015Assets 2016: $1,805,857Liabilities 2016: $686,484Net Assets 2016: $1,119,3732016Assets 2017: $1,717,556Liabilities 2017: $501,402Net Assets 2017: $1,216,1542017Assets 2018: $1,684,740Liabilities 2018: $368,737Net Assets 2018: $1,316,0032018Assets 2019: $1,524,969Liabilities 2019: $362,535Net Assets 2019: $1,162,4342019Assets 2020: $1,286,368Liabilities 2020: $179,440Net Assets 2020: $1,106,9282020Assets 2021: $1,256,369Liabilities 2021: $150,237Net Assets 2021: $1,106,1322021Assets 2022: $1,743,087Liabilities 2022: $62,465Net Assets 2022: $1,680,6222022

Highlighted filing

2016

Assets$1,805,857
Liabilities$686,484
Net Assets$1,119,373

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,977,381Expenses 2011: $2,622,711Net Income 2011: $354,6702011Expenses 2012: $2,809,4202012Revenue 2013: $2,769,717Expenses 2013: $2,759,769Net Income 2013: $9,9482013Revenue 2014: $2,777,260Expenses 2014: $2,860,913Net Income 2014: -$83,6532014Revenue 2015: $3,271,744Expenses 2015: $3,330,435Net Income 2015: -$58,6912015Revenue 2016: $3,542,085Expenses 2016: $3,607,951Net Income 2016: -$65,8662016Revenue 2017: $4,370,693Expenses 2017: $4,277,737Net Income 2017: $92,9562017Revenue 2018: $4,211,202Expenses 2018: $4,113,629Net Income 2018: $97,5732018Revenue 2019: $3,462,845Expenses 2019: $3,614,007Net Income 2019: -$151,1622019Revenue 2020: $2,403,435Expenses 2020: $2,458,527Net Income 2020: -$55,0922020Revenue 2021: $2,036,853Expenses 2021: $2,046,715Net Income 2021: -$9,8622021Revenue 2022: $2,455,025Expenses 2022: $1,874,540Net Income 2022: $580,4852022

Highlighted filing

2016

Revenue$3,542,085
Expenses$3,607,951
Net Income-$65,866
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$3,545,251
Mission and Program Overview

Mission

To provide group homes, emergency shelters, foster care and other services for children in crisis in buncombe county, north carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,084,017$1,085,884▲ $1,867
Accounts Receivable$317,490$273,251▼ $44,239
Other Notes and Loans Receivable, Net$250,961$247,159▼ $3,802
Cash and Non-Interest-Bearing Accounts$129,157$127,992▼ $1,165
Investments Other Securities$35,626$34,198▼ $1,428
Prepaid Expenses and Deferred Charges$27,579$32,123▲ $4,544
Pledges and Grants Receivable$6,050$5,250▼ $800
Total Assets$1,850,880$1,805,857▼ $45,023
Liabilities
Mortgage Notes Payable Secured by Investment Property$302,631$290,099▼ $12,532
Accounts Payable and Accrued Expenses$167,499$221,873▲ $54,374
Other Liabilities$37,915$122,548▲ $84,633
Unsecured Notes Loans Payable$50,421$51,964▲ $1,543
Total Liabilities$558,466$686,484▲ $128,018
Net Assets / Fund Balance
Unrestricted Net Assets$866,516$807,858▼ $58,658
Temporarily Rstr Net Assets$425,898$311,515▼ $114,383
Total Net Assets Fund Balance$1,292,414$1,119,373▼ $173,041
Total Liabilities and Net Assets / Fund Balance$1,850,880$1,805,857▼ $45,023

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$736,696$73,804$810,500
Land$310,600-$310,600
Other Land Buildings$38,588$5,574$44,162

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$449,499-▲ $85$114,383$335,201
2015$494,550$135,656▲ $68$180,775$449,499
2014$543,678$114,775▲ $65$163,968$494,550
2013$521,598-▲ $22,080-$543,678
2012$552,367-▼ $30,944-$521,598
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John LauterbachExecutive DiFT$76,603$4,659$81,262

Board Members and Trustees

NameTitle
Hunter LanierPresident
Dick RossDirector
Doug HillDirector
John EvansDirector
Kat WilliamsDirector
Kippin JordanDirector
Rev Levonia C RayDirector
Rick EckerdDirector
Ron EnglishDirector
Sandi BoyerDirector
Stacy AndersonDirector
Spencer ButlerDirector (to Feb
Katie ChappellEx-officio
Tony MooreEx-officio
Andrea EglintonSecr (thru O
Allison MorisonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Eckerd Youth Alternatives INCManagement100 STARCREST DRIVE, Clearwater, FL 33765$112,500
Revenue and Support

Revenue Composition

Contributions and Grants
$1,833,553
Program Service Revenue
$1,689,513
Investment Income
$10,941
Other Revenue
$8,078
All Other Contributions
$253,069
Change in Net Assets
$-65,866

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,542,085
Revenue Not Reported on Form 990
$-1,513
Total Revenue per Audited Statements
$3,540,572
Total Revenue per Form 990
$3,542,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,913,525
Other Expenses$932,950
Grants and Similar Amounts Paid$761,476
Total Fundraising Expense$89,939
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,317,911$101,678$49,033$1,468,622
Grants to Domestic Individuals$761,476--$761,476
Fees for Services Other$338,421$2,490$500$341,411
Office Expenses$216,822$26,390$23,219$266,431
Other Employee Benefits$183,525$19,106$6,637$209,268
Payroll Taxes$125,257$11,652$4,440$141,349
Fees for Services Management-$114,204-$114,204
Current Officers, Directors, Trustees, and Key Employees$84,857$9,429-$94,286
Occupancy$62,350$7,520$2,977$72,847
Insurance$40,284--$40,284
Depreciation Depletion$36,854$335-$37,189
Fees for Services Accounting-$21,595-$21,595
Other Expenses$5,419$12,222$2,393$20,034
Interest$13,294$1,285-$14,579
Advertising$1,956-$601$2,557
Conferences and Meetings$108$1,220$139$1,467
Fees for Services Legal-$352-$352
Total Functional Expenses$3,188,534$329,478$89,939$3,607,951

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,607,951
Total Expenses per Audited Statements$3,607,951
Total Expenses per Form 990$3,607,951
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$122,548
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Page 6, Part VI, Line 1A

The executive committee has and may exercise, in the interim between meetings of the board, and except as otherwise provided in the bylaws, all the powers of the board. The committee is comprised of the chairman, vice chairman, secretary, and treasurer. The chairman of the board is the chairman of the committee. Meetings of the executive committee may be called by or at the request of the chairman or by two or more of the executive committee members.

Form 990, Page 6, Part VI, Line 6

The sole member of the organization is eckerd youth alternatives, inc., a florida nonprofit corporation.

Form 990, Page 6, Part VI, Line 7A

The board is elected at the annual meeting of the sole member, with each director elected to hold office until the election of his/her successor or until his/her death, resignation, or removal. Directors are chosen by vote of the sole member.

Form 990, Page 6, Part VI, Line 11B

The return was prepared by an independent accountant with assistance and oversight by the management of the member organization. Upon completion and review, the return was reviewed by the board of directors before submission to the irs.

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

The conflict of interest policy is reviewed with each voting member of the board at the first scheduled meeting of each year and all members are required to complete and submit a disclosure statement.

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

The board of directors obtains an annual review of salaries and benefits for organizations of similar size and position from "benchmarks", a statewide membership organization of child caring agencies. The board uses this information to determine compensation for all positions. Reviews are held annually.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's administrative office.

Filing and Contact Details

Filer

Filer Name
Caring for Children Inc
EIN
56-1182686
Phone
8282980186
Address
PO BOX 19113, ASHEVILLE, NC 28815

Signing Officer

Name
Randall W Luecke
Title
CFO
Phone
8282980186
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randall W Luecke
Formed
1975
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
70
Volunteers
20

Preparer

Firm
Carter P C
Address
16 BILTMORE AVE STE 200, ASHEVILLE, NC 28801-3617
Preparer
Rufus W Dollar
Phone
8282599900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 3

In may 2016, the phoenix girls home was officially closed. The phoenix boys home remains in operation.

Form 990, Page 2, Part III, Line 4D

Cornerstone - a home for up to eight young women ages 16-21 who have long- term problems, are too old for adoption, and have no option for returning home. ------------------------------------------------------------------------ trinity place - a shelter for children ages 10-17 who need time and a safe place to work through their problems, and may stay up to 15 days. ------------------------------------------------------------------------ angel's watch - a foster care program providing temporary care for children ages 0-6 whose families are unable to care for them because of a crisis. ------------------------------------------------------------------------ project respite - a program providing scholarships for families of severely emotionally disturbed children. ------------------------------------------------------------------------ percs - an emergency, therapeutic foster care program for buncombe county children who have been removed from their homes by the department of social services. ------------------------------------------------------------------------ phoenix girls/boys - a boys' home and a girls' home for children with emotional and behavioral challenges who cannot live with their families and who can benefit from a structured foster care program in a group home setting. (the phoenix girls home was closed in may 2016. The boys home remains operational.) ------------------------------------------------------------------------ psychiatric services - a program that provides medication management services for children who are being served in the outpatient services program.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) except on net income derived from unrelated business activities. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain positions material to the financial statements.

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IRS990/ProgSrvcAccomActy3Grp/Desc0FAMILY FOSTER CARE - A FOSTER CARE PROGRAM THAT PROVIDES SERVICES TO CHILDREN IN THE CUSTODY OF THE DEPARTMENT OF SOCIAL SERVICES WHO ARE IN NEED OF LONG-TERM FOSTER CARE PLACEMENT AND NOT ELIGIBLE FOR THERAPEUTIC FOSTER CARE SERVICES.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0CORNERSTONE - A HOME FOR UP TO EIGHT YOUNG WOMEN AGES 16-21 WHO HAVE LONG- TERM PROBLEMS, ARE TOO OLD FOR ADOPTION, AND HAVE NO OPTION FOR RETURNING HOME. ------------------------------------------------------------------------ TRINITY PLACE - A SHELTER FOR CHILDREN AGES 10-17 WHO NEED TIME AND A SAFE PLACE TO WORK THROUGH THEIR PROBLEMS, AND MAY STAY UP TO 15 DAYS. ------------------------------------------------------------------------ ANGEL'S WATCH - A FOSTER CARE PROGRAM PROVIDING TEMPORARY CARE FOR CHILDREN AGES 0-6 WHOSE FAMILIES ARE UNABLE TO CARE FOR THEM BECAUSE OF A CRISIS. ------------------------------------------------------------------------ PROJECT RESPITE - A PROGRAM PROVIDING SCHOLARSHIPS FOR FAMILIES OF SEVERELY EMOTIONALLY DISTURBED CHILDREN. ------------------------------------------------------------------------ PERCS - AN EMERGENCY, THERAPEUTIC FOSTER CARE PROGRAM FOR BUNCOMBE COUNTY CHILDREN WHO HAVE BEEN REMOVED FROM THEIR HOMES BY THE DEPARTMENT OF SOCIAL SERVICES. ------------------------------------------------------------------------ PHOENIX GIRLS/BOYS - A BOYS' HOME AND A GIRLS' HOME FOR CHILDREN WITH EMOTIONAL AND BEHAVIORAL CHALLENGES WHO CANNOT LIVE WITH THEIR FAMILIES AND WHO CAN BENEFIT FROM A STRUCTURED FOSTER CARE PROGRAM IN A GROUP HOME SETTING. (THE PHOENIX GIRLS HOME WAS CLOSED IN MAY 2016. THE BOYS HOME REMAINS OPERATIONAL.) ------------------------------------------------------------------------ PSYCHIATRIC SERVICES - A PROGRAM THAT PROVIDES MEDICATION MANAGEMENT SERVICES FOR CHILDREN WHO ARE BEING SERVED IN THE OUTPATIENT SERVICES PROGRAM.
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