Civic Intelligence

Advanced Home Care Inc

EIN 56-1844651 • 501(c)3 • Charlotte, NC

Profile

Advanced home care ceased operations in february 2020. Financial information provided is wind down activity.

PO Box 890492Charlotte, NC 27419

advhomecare.org

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

98th percentile

90%

Higher net margin than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$0

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

21st percentile

-2.4%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

95th percentile

139%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Assets

Down

$33,914,075

Down $1,692,890 (-4.8%) from 2022

Liabilities

Down

$0

Down $17,087,414 (-100%) from 2022

Net Assets

Up

$33,914,075

Up $15,394,524 (+83%) from 2022

Revenue

Up

$7,155,513

Up $5,905,394 (+472%) from 2022

Expenses

Down

$724,459

Down $771,803 (-52%) from 2022

Net Income

Up

$6,431,054

Up $6,677,197 (+2713%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $94,020,453Liabilities 2010: $20,079,446Net Assets 2010: $73,941,0072010Assets 2011: $91,883,735Liabilities 2011: $20,599,512Net Assets 2011: $71,284,2232011Assets 2014: $115,197,903Liabilities 2014: $37,020,512Net Assets 2014: $78,177,3912014Assets 2016: $131,701,526Liabilities 2016: $35,028,893Net Assets 2016: $96,672,6332016Assets 2017: $133,625,993Liabilities 2017: $35,267,043Net Assets 2017: $98,358,9502017Assets 2018: $141,338,142Liabilities 2018: $36,008,242Net Assets 2018: $105,329,9002018Assets 2019: $141,334,825Liabilities 2019: $32,520,394Net Assets 2019: $108,814,4312019Assets 2020: $54,318,875Liabilities 2020: $34,218,319Net Assets 2020: $20,100,5562020Assets 2022: $35,606,965Liabilities 2022: $17,087,414Net Assets 2022: $18,519,5512022Assets 2024: $33,914,075Liabilities 2024: $0Net Assets 2024: $33,914,0752024

Highlighted filing

2024

Assets$33,914,075
Liabilities$0
Net Assets$33,914,075

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $102,262,8002010Expenses 2011: $106,260,0542011Revenue 2014: $125,023,217Expenses 2014: $116,542,428Net Income 2014: $8,480,7892014Revenue 2016: $133,874,385Expenses 2016: $129,383,410Net Income 2016: $4,490,9752016Revenue 2017: $134,962,317Expenses 2017: $129,564,442Net Income 2017: $5,397,8752017Revenue 2018: $133,599,755Expenses 2018: $125,372,160Net Income 2018: $8,227,5952018Revenue 2019: $137,235,868Expenses 2019: $129,922,533Net Income 2019: $7,313,3352019Revenue 2020: $110,590,000Expenses 2020: $64,769,454Net Income 2020: $45,820,5462020Revenue 2022: $1,250,119Expenses 2022: $1,496,262Net Income 2022: -$246,1432022Revenue 2024: $7,155,513Expenses 2024: $724,459Net Income 2024: $6,431,0542024

Highlighted filing

2024

Revenue$7,155,513
Expenses$724,459
Net Income$6,431,054

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 11, 2025
Return Version
2023v6.0
Gross Receipts
$7,155,513
Mission and Program Overview

Mission

Advance home care exists to make a positive difference in the lives of patients by providing compassionate, high-quality, home health care with dedicated, caring, and highly skilled staff.

Home health care services to the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,448,283$1,780,914▼ $25,667,369
Accounts Receivable$1,641,453$1,641,453→ $0
Inventories for Sale or Use$1,708$1,708→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$59,581,444$33,914,075▼ $25,667,369
Other Assets Total$30,490,000$30,490,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$228,422$0▼ $228,422
Total Liabilities$228,422$0▼ $228,422
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$59,353,022$33,914,075▼ $25,438,947
Total Net Assets Fund Balance$59,353,022$33,914,075▼ $25,438,947
Total Liabilities and Net Assets / Fund Balance$59,581,444$33,914,075▼ $25,667,369

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$2,604,653$2,604,653
Other Assets Org$30,490,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Geoff GardnerBoard Chair
Andy BarrowMember
Marvin EichornMember
Neil LuriaMember
Paul GrosswaldMember
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$7,155,513
Change in Net Assets
$6,431,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$724,459
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$178,203-$178,203
Fees for Services Accounting-$163,259-$163,259
Fees for Services Legal-$142,510-$142,510
Insurance-$119,888-$119,888
Other Expenses-$1,523-$1,523
Office Expenses-$109-$109
Total Functional Expenses$0$724,459$0$724,459
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Hammond hanlon camp llc ("h2c") was engaged by the executive committee to wind-down the operations, provide and prepare all financial information, complete and submit all applicable filings, resolve any and all outstanding matters as there were no longer any employees.

Form 990, Part VI, Section A, Line 6

Advanced home care ceased operations in february 2020. The executive committee remaining is comprised of 5 members. The executive committee makes all of the decisions associated with the winding down of the prior operations.

Form 990, Part VI, Section A, Line 7A

One director shall be an employee of advanced home care, inc. The remaining directors shall be voting directors and shall be appointed by the members such that each member shall appoint two voting directors. An appointed director may be removed from office at any time with or without cause by the member that appointed that director to office. If a director is removed, a new director may be appointed by the appropriate member to fill the vacancy at the same time as the removal.

Form 990, Part VI, Section A, Line 7B

Decisions of the board of directors are subject to the approval of the member body.

Form 990, Part VI, Section B, Line 11B

The return was prepared by an independent accounting firm with information provided by management. Following management review, the return was submitted to all board members for review and was discussed as an agenda item at a board meeting.

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

Advanced home care requires board members to sign an annual statement confirming his or her knowledge and understanding of, and compliance with, its conflict of interest policy.

Form 990, Part VI, Section C, Line 18

The organization makes form 990 available upon request.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Advanced Home Care Inc
EIN
56-1844651
Phone
2145980484
Address
PO BOX 890492, CHARLOTTE, NC 27419

Signing Officer

Name
Kris Trent
Title
Chief Administrative Officer
Phone
3362948822
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kris Trent
Formed
1993
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Cliftonlarsonallen Llp
Address
227 WEST TRADE STREET SUITE 800, CHARLOTTE, NC 28202
Preparer
Kathrine a Warlick
Phone
7049985200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Claims processing: program service expenses 0. Management and general expenses 4,463. Fundraising expenses 0. Total expenses 4,463. Contract services: program service expenses 0. Management and general expenses 173,740. Fundraising expenses 0. Total expenses 173,740.

FORM 990, PART XI, LINE 9:

Member distributions -31,870,001.

Raw XML Appendix345 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HAMMOND HANLON CAMP LLC ("H2C") WAS ENGAGED BY THE EXECUTIVE COMMITTEE TO WIND-DOWN THE OPERATIONS, PROVIDE AND PREPARE ALL FINANCIAL INFORMATION, COMPLETE AND SUBMIT ALL APPLICABLE FILINGS, RESOLVE ANY AND ALL OUTSTANDING MATTERS AS THERE WERE NO LONGER ANY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADVANCED HOME CARE CEASED OPERATIONS IN FEBRUARY 2020. THE EXECUTIVE COMMITTEE REMAINING IS COMPRISED OF 5 MEMBERS. THE EXECUTIVE COMMITTEE MAKES ALL OF THE DECISIONS ASSOCIATED WITH THE WINDING DOWN OF THE PRIOR OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ONE DIRECTOR SHALL BE AN EMPLOYEE OF ADVANCED HOME CARE, INC. THE REMAINING DIRECTORS SHALL BE VOTING DIRECTORS AND SHALL BE APPOINTED BY THE MEMBERS SUCH THAT EACH MEMBER SHALL APPOINT TWO VOTING DIRECTORS. AN APPOINTED DIRECTOR MAY BE REMOVED FROM OFFICE AT ANY TIME WITH OR WITHOUT CAUSE BY THE MEMBER THAT APPOINTED THAT DIRECTOR TO OFFICE. IF A DIRECTOR IS REMOVED, A NEW DIRECTOR MAY BE APPOINTED BY THE APPROPRIATE MEMBER TO FILL THE VACANCY AT THE SAME TIME AS THE REMOVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS OF THE BOARD OF DIRECTORS ARE SUBJECT TO THE APPROVAL OF THE MEMBER BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. FOLLOWING MANAGEMENT REVIEW, THE RETURN WAS SUBMITTED TO ALL BOARD MEMBERS FOR REVIEW AND WAS DISCUSSED AS AN AGENDA ITEM AT A BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADVANCED HOME CARE REQUIRES BOARD MEMBERS TO SIGN AN ANNUAL STATEMENT CONFIRMING HIS OR HER KNOWLEDGE AND UNDERSTANDING OF, AND COMPLIANCE WITH, ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES FORM 990 AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CLAIMS PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,463. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,463. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 173,740. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 173,740.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEMBER DISTRIBUTIONS -31,870,001.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt059581444
IRS990/TotalAssetsEOYAmt033914075
IRS990/TotalAssetsGrp/BOYAmt059581444
IRS990/TotalAssetsGrp/EOYAmt033914075
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0724459
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0724459
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0228422
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0228422
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt059353022
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt033914075
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07155513
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07155513
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt059581444
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt033914075
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 890492
IRS990/USAddress/CityNm0CHARLOTTE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027419
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0ADVHOMECARE.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRIS TRENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF ADMINISTRATIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03362948822
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADVANCED HOME CARE INC
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0561844651
ReturnHeader/Filer/PhoneNum02145980484
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 890492
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027419
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0227 WEST TRADE STREET SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028202
ReturnHeader/PreparerPersonGrp/PhoneNum07049985200
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KATHRINE A WARLICK
ReturnHeader/ReturnTs02025-08-11T12:55:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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