Civic Intelligence

Seven Homes Inc.

990 • Fiscal year 2013 • EIN 56-1907860

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 11, 2014

204 Kelly PlaceJamestown, NC 27262

(336) 883-0207

Siviq Scores

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

Liabilities / Assets

54th percentile

0.16x

Higher debt load relative to assets than 54% of similar nonprofits.

2013 filings • NTEE P • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

44th percentile

0.05x

Higher debt load relative to revenue than 44% of similar nonprofits.

2013 filings • NTEE P • $500k-$1M nonprofits • Source year 2013

Net Margin

79th percentile

14%

Higher net margin than 79% of similar nonprofits.

2013 filings • NTEE P • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

63rd percentile

$48,538

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2013 filings • NTEE P • $500k-$1M nonprofits • Source year 2013

Asset Growth

93rd percentile

92%

Faster asset growth than 93% of similar nonprofits.

2013 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

2013 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$197,524

Up $94,600 (+92%) from 2012

Net Assets

Up

$165,414

Up $98,783 (+148%) from 2012

Liabilities

Down

$32,110

Down $4,183 (-12%) from 2012

Revenue

Up

$709,156

Up $276,649 (+64%) from 2012

Expenses

Up

$610,371

Up $216,653 (+55%) from 2012

Net Income

Up

$98,785

Up $59,996 (+155%) from 2012

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $41,754Liabilities 2010: $47,099Net Assets 2010: -$5,3452010Assets 2011: $60,928Liabilities 2011: $33,086Net Assets 2011: $27,8422011Assets 2012: $102,924Liabilities 2012: $36,293Net Assets 2012: $66,6312012Assets 2013: $197,524Liabilities 2013: $32,110Net Assets 2013: $165,4142013Assets 2014: $376,905Liabilities 2014: $35,368Net Assets 2014: $341,5372014Assets 2015: $437,450Liabilities 2015: $37,159Net Assets 2015: $400,2912015Assets 2016: $606,145Liabilities 2016: $70,359Net Assets 2016: $535,7862016Assets 2017: $525,768Liabilities 2017: $77,559Net Assets 2017: $448,2092017Assets 2018: $416,138Liabilities 2018: $79,752Net Assets 2018: $336,3862018Assets 2019: $468,622Liabilities 2019: $112,559Net Assets 2019: $356,0632019Assets 2020: $976,965Liabilities 2020: $102,156Net Assets 2020: $874,8092020Assets 2021: $1,134,112Liabilities 2021: $134,366Net Assets 2021: $999,7462021Assets 2022: $1,552,982Liabilities 2022: $279,570Net Assets 2022: $1,273,4122022Assets 2023: $1,932,721Liabilities 2023: $442,462Net Assets 2023: $1,490,2592023Assets 2024: $3,517,089Liabilities 2024: $1,777,317Net Assets 2024: $1,739,7722024

Highlighted filing

2013

Assets$197,524
Liabilities$32,110
Net Assets$165,414

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $202,771Expenses 2010: $217,094Net Income 2010: -$14,3232010Revenue 2011: $323,617Expenses 2011: $290,430Net Income 2011: $33,1872011Revenue 2012: $432,507Expenses 2012: $393,718Net Income 2012: $38,7892012Revenue 2013: $709,156Expenses 2013: $610,371Net Income 2013: $98,7852013Revenue 2014: $1,001,595Expenses 2014: $825,472Net Income 2014: $176,1232014Revenue 2015: $1,093,891Expenses 2015: $1,035,137Net Income 2015: $58,7542015Revenue 2016: $1,564,486Expenses 2016: $1,428,991Net Income 2016: $135,4952016Revenue 2017: $1,773,221Expenses 2017: $1,860,798Net Income 2017: -$87,5772017Revenue 2018: $1,791,041Expenses 2018: $1,902,864Net Income 2018: -$111,8232018Revenue 2019: $2,050,768Expenses 2019: $2,031,091Net Income 2019: $19,6772019Revenue 2020: $2,837,027Expenses 2020: $2,318,281Net Income 2020: $518,7462020Revenue 2021: $2,888,893Expenses 2021: $2,763,956Net Income 2021: $124,9372021Revenue 2022: $3,542,734Expenses 2022: $3,257,600Net Income 2022: $285,1342022Revenue 2023: $4,085,988Expenses 2023: $3,869,141Net Income 2023: $216,8472023Revenue 2024: $4,347,390Expenses 2024: $4,119,841Net Income 2024: $227,5492024

Highlighted filing

2013

Revenue$709,156
Expenses$610,371
Net Income$98,785
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 11, 2014
Return Version
2013v3.1
Gross Receipts
$710,061
Mission and Program Overview

Mission

To reach out to youth in need of love, safety, and stability. The therapeutic vision of this mission is to serve the needs of the whole child.

To provide youth in crisis with love, safety and stability, by providing foster care to children through licensed foster care families and by finding permanency through adoption for children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,772$81,219▲ $33,447
Accounts Receivable$44,606$68,823▲ $24,217
Land, Buildings, and Equipment, Net$10,545$47,482▲ $36,937
Total Assets$102,923$197,524▲ $94,601
Liabilities
Accounts Payable and Accrued Expenses$36,294$30,610▼ $5,684
Deferred Revenue-$1,500-
Total Liabilities$36,294$32,110▼ $4,184
Net Assets / Fund Balance
Unrestricted Net Assets$22,629$143,217▲ $120,588
Temporarily Rstr Net Assets$44,000$22,197▼ $21,803
Total Net Assets Fund Balance$66,629$165,414▲ $98,785
Total Liabilities and Net Assets / Fund Balance$102,923$197,524▲ $94,601

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$40,585$11,365$51,950
Equipment$6,897$3,225$10,122
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth MaxwellExecutive DirectorFT$47,905$633$48,538

Board Members and Trustees

NameTitle
John SpeckhardChair
Mike SinnottVice Chair
Bob FoxDirector
Dan KoenigDirector
Donna CauseyDirector
Allen FilgoSecretary
Cindy RadfordTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,331
Program Service Revenue
$686,267
Investment Income
$25
Other Revenue
$9,533
All Other Contributions
$13,331
Change in Net Assets
$98,785

Audited Revenue Reconciliation

Revenue per Audited Statements
$709,156
Total Revenue per Audited Statements
$709,156
Total Revenue per Form 990
$709,156
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$445,106
Salaries, Compensation, and Employee Benefits$165,265
Total Fundraising Expense$15,772
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$63,842$23,743$11,532$99,117
Advertising$54,377$0$0$54,377
Current Officers, Directors, Trustees, and Key Employees$36,041$9,611$2,403$48,055
Fees for Services Accounting$15,590$3,898$0$19,488
Payroll Taxes$8,801$8,486$806$18,093
Other Expenses$16,634$591$0$17,225
Office Expenses$11,681$2,436$321$14,438
Insurance$12,491$1,388$0$13,879
Occupancy$8,096$2,159$540$10,795
All Other Expenses$5,600$4,101$170$9,871
Depreciation Depletion$8,454$939$0$9,393
Conferences and Meetings$2,345$3,065$0$5,410
Information Technology$3,793$1,264$0$5,057
Fees for Services Other$2,669$0$0$2,669
Fees for Services Legal$1,140$10$0$1,150
Interest$0$36$0$36
Total Functional Expenses$532,872$61,727$15,772$610,371

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$610,371
Total Expenses per Audited Statements$610,371
Total Expenses per Form 990$610,371
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,869
Fundraising Direct Expenses$905
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sally MaxwellStepmotherCompensationNo$31,500
Shirley MaxwellMotherCompensationNo$12,800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
56-1907860
Phone
3368830207

Signing Officer

Name
Kenneth B Maxwell
Title
Executive Director
Phone
3368830207
Signed
2014-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenneth B Maxwell
Formed
1995
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
8
Volunteers
10

Preparer

Preparer
R Rex Rouse Jr
Phone
3366271323
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Board will receive a copy of Form 990 via email.

Pt VI, Line 12C

Our mission is limited and our instructions are very

Pt VI, Line 12C

specific. If a conflict of interest arises, we would

Pt VI, Line 12C

either avoid it entirely or have the Board member or

Pt VI, Line 12C

employee involved opt out of the discussion or vote.

Pt VI, Line 19

No governing documents, policies or financial statements

Pt VI, Line 19

are available to the public.

Raw XML AppendixShowing 400 of 438 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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IRS990/ProgSrvcAccomActy2Grp/Desc0TO FIND PERMANENCY FOR CHILDREN THROUGH ADOPTION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0121677
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt049658
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt060393
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0261541
IRS990/PYProgramServiceRevenueAmt0372114
IRS990/PYRevenuesLessExpensesAmt038789
IRS990/PYSalariesCompEmpBnftPaidAmt0132177
IRS990/PYTotalExpensesAmt0393718
IRS990/PYTotalRevenueAmt0432507
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt098785
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0636609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013331
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt060393
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt021851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt063040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0179099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0695801
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt0179099
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013331
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt060393
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt021851
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt063040
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0179099
IRS990ScheduleA/TotalSupportAmt0179124
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt06897
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010122
IRS990ScheduleD/ExpensesSubtotalAmt0610371
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt040585
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011365
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051950
IRS990ScheduleD/RevenueSubtotalAmt0709156
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047482
IRS990ScheduleD/TotalExpensesPerForm990Amt0610371
IRS990ScheduleD/TotalRevenuePerForm990Amt0709156
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0709156
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0610371
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SHIRLEY MAXWELL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1SALLY MAXWELL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Mother
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Stepmother
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt131500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Compensation
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Compensation
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board will receive a copy of Form 990 via email.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Our mission is limited and our instructions are very
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2specific. If a conflict of interest arises, we would
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3either avoid it entirely or have the Board member or
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4employee involved opt out of the discussion or vote.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No governing documents, policies or financial statements
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6are available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt044000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt022197
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0102923
IRS990/TotalAssetsEOYAmt0197524
IRS990/TotalAssetsGrp/BOYAmt0102923
IRS990/TotalAssetsGrp/EOYAmt0197524
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt013331
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015772
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061727
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0532872
IRS990/TotalFunctionalExpensesGrp/TotalAmt0610371
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036294
IRS990/TotalLiabilitiesEOYAmt032110
IRS990/TotalLiabilitiesGrp/BOYAmt036294
IRS990/TotalLiabilitiesGrp/EOYAmt032110
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt066629
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0165414
IRS990/TotalOtherCompensationAmt0633
IRS990/TotalProgramServiceExpensesAmt0532872
IRS990/TotalProgramServiceRevenueAmt0686267
IRS990/TotalReportableCompFromOrgAmt047905
IRS990/TotalRevenueGrp/ExclusionAmt05964
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0689861
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0709156
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0102923
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0197524
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.52$1.78$1.74$4.35$4.12$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.93$0.44$1.49$4.09$3.87$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.55$0.28$1.27$3.54$3.26$0.29
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.13$1.00$2.89$2.76$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.10$0.87$2.84$2.32$0.52
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.11$0.36$2.05$2.03$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.08$0.34$1.79$1.90$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.08$0.45$1.77$1.86$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.07$0.54$1.56$1.43$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.44$0.04$0.40$1.09$1.04$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.04$0.34$1.00$0.83$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.03$0.17$0.71$0.61$0.10
2012Summary only. Only limited summary data is available for this year.$0.10$0.04$0.07$0.43$0.39$0.04
2011Summary only. Only limited summary data is available for this year.$0.06$0.03$0.03$0.32$0.29$0.03
2010Summary only. Only limited summary data is available for this year.$0.04$0.05$0.01$0.20$0.22$0.01