Civic Intelligence

Quality Home Care Services Inc

EIN 56-2480615 • 501(c)3 • Charlotte, NC

Profile

Qhcs inc is a north carolina nonprofit organization established in 2005. This comprehensive health care center was organized to provide personal care services to individuals with mental health, disabilities, substance abuse, and hiv/aids prevention and care services.

3607 Beatties Ford RdCharlotte, NC 28216

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.84x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.27x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

28th percentile

-3.5%

Higher net margin than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

92nd percentile

56%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

91%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$2,293,704

Up $822,630 (+56%) from 2023

Liabilities

Up

$1,933,784

Up $1,168,448 (+153%) from 2023

Net Assets

Down

$359,920

Down $345,818 (-49%) from 2023

Revenue

Up

$7,189,251

Up $3,423,137 (+91%) from 2023

Expenses

Up

$7,440,458

Up $2,977,797 (+67%) from 2023

Net Income

Up

-$251,207

Up $445,340 (+64%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $46,465Liabilities 2010: $140,835Net Assets 2010: -$94,3702010Assets 2011: $58,735Liabilities 2011: $155,801Net Assets 2011: -$97,0662011Assets 2012: $146,968Liabilities 2012: $141,254Net Assets 2012: $5,7142012Assets 2013: $146,968Liabilities 2013: $141,254Net Assets 2013: $5,7142013Assets 2014: $158,276Liabilities 2014: $231,889Net Assets 2014: -$73,6132014Assets 2015: $194,190Liabilities 2015: $156,902Net Assets 2015: $37,2882015Assets 2016: $751,479Liabilities 2016: $159,233Net Assets 2016: $592,2462016Assets 2017: $239,073Liabilities 2017: $140,136Net Assets 2017: $98,9372017Assets 2018: $182,602Liabilities 2018: $95,548Net Assets 2018: $87,0542018Assets 2019: $276,171Liabilities 2019: $188,651Net Assets 2019: $87,5202019Assets 2020: $501,099Liabilities 2020: $360,250Net Assets 2020: $140,8492020Assets 2021: $2,555,355Liabilities 2021: $1,559,488Net Assets 2021: $995,8672021Assets 2022: $1,753,894Liabilities 2022: $454,309Net Assets 2022: $1,299,5852022Assets 2023: $1,471,074Liabilities 2023: $765,336Net Assets 2023: $705,7382023Assets 2024: $2,293,704Liabilities 2024: $1,933,784Net Assets 2024: $359,9202024

Highlighted filing

2024

Assets$2,293,704
Liabilities$1,933,784
Net Assets$359,920

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $724,5552010Expenses 2011: $818,5822011Revenue 2012: $741,057Expenses 2012: $640,630Net Income 2012: $100,4272012Revenue 2013: $741,057Expenses 2013: $640,630Net Income 2013: $100,4272013Revenue 2014: $888,032Expenses 2014: $899,689Net Income 2014: -$11,6572014Revenue 2015: $1,073,370Expenses 2015: $962,469Net Income 2015: $110,9012015Revenue 2016: $1,898,011Expenses 2016: $1,343,053Net Income 2016: $554,9582016Revenue 2017: $1,431,910Expenses 2017: $1,374,820Net Income 2017: $57,0902017Revenue 2018: $1,132,418Expenses 2018: $1,146,862Net Income 2018: -$14,4442018Revenue 2019: $2,477,834Expenses 2019: $2,468,485Net Income 2019: $9,3492019Revenue 2020: $3,616,345Expenses 2020: $3,563,016Net Income 2020: $53,3292020Revenue 2021: $11,696,501Expenses 2021: $10,892,315Net Income 2021: $804,1862021Revenue 2022: $4,810,879Expenses 2022: $4,509,776Net Income 2022: $301,1032022Revenue 2023: $3,766,114Expenses 2023: $4,462,661Net Income 2023: -$696,5472023Revenue 2024: $7,189,251Expenses 2024: $7,440,458Net Income 2024: -$251,2072024

Highlighted filing

2024

Revenue$7,189,251
Expenses$7,440,458
Net Income-$251,207

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.29$1.93$0.36$7.19$7.44$0.25
2023Detailed filing. Detailed filing data is available for this year.$1.47$0.77$0.71$3.77$4.46$0.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.45$1.30$4.81$4.51$0.30
2021Detailed filing. Detailed filing data is available for this year.$2.56$1.56$1.00$11.7$10.9$0.80
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.36$0.14$3.62$3.56$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.28$0.19$0.09$2.48$2.47$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.10$0.09$1.13$1.15$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.14$0.10$1.43$1.37$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.16$0.59$1.90$1.34$0.55
2015Detailed filing. Detailed filing data is available for this year.$0.19$0.16$0.04$1.07$0.96$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.23$0.07$0.89$0.90$0.01
2013Summary only. Only limited summary data is available for this year.$0.15$0.14$0.01$0.74$0.64$0.10
2012Summary only. Only limited summary data is available for this year.$0.15$0.14$0.01$0.74$0.64$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.16$0.10$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.14$0.09$0.72
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 11, 2024
Return Version
2023v6.0
Gross Receipts
$7,189,251
Mission and Program Overview

Mission

Quality Home Care Services, Inc. is a North Carolina nonprofit corporation established in March of 2005 and organized to provide personal care services to individuals with Mental Rehabilitation and Developmental Disabilities (MR/DD) and HIV/AIDS as well as mental health services.

Quality home care services inc is a north carolina nonprofit organization establized in 2005. This comprehensive health care center was organized to provide personal care services to individuals with mental health, disabilities, substance abuse, and hiv/aids prevention a

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$761,789$1,668,849▲ $907,060
Accounts Receivable$410,572$354,882▼ $55,690
Cash and Non-Interest-Bearing Accounts$167,719$182,366▲ $14,647
Prepaid Expenses and Deferred Charges$28,298$87,607▲ $59,309
Total Assets$1,368,378$2,293,704▲ $925,326
Liabilities
Other Liabilities-$894,247-
Accounts Payable and Accrued Expenses$284,803$605,141▲ $320,338
Mortgage Notes Payable Secured by Investment Property$372,281$414,693▲ $42,412
Deferred Revenue$108,252$19,703▼ $88,549
Total Liabilities$765,336$1,933,784▲ $1,168,448
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$603,042$359,920▼ $243,122
Total Net Assets Fund Balance$603,042$359,920▼ $243,122
Total Liabilities and Net Assets / Fund Balance$1,368,378$2,293,704▲ $925,326

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$899,883$180,653-
Equipment$24,139--
Leasehold Improvements$744,827$79,261-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Angela JeterBoard Chair
Martin PrinceVice Chair
RA Shawn FlournoyChief Executive Officer
Prentice AlexanderChief Financial Officer
Jamie TroutmanChief Program officer
Jermaine LeeMember
Towan DicksSecretary
Delisa RodgersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,189,251
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$10,750
Change in Net Assets
$-251,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,725,875
Salaries, Compensation, and Employee Benefits$1,714,583
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,684,084$30,499-$1,714,583
Fees for Services Other$701,141$92,926-$794,067
Advertising$263,894$2,077-$265,971
All Other Expenses$193,424$68,599-$262,023
Other Expenses$239,936$9,986-$249,922
Occupancy$182,830$31,910-$214,740
Depreciation Depletion$70,961$6,453-$77,414
Travel$67,912$7,362-$75,274
Insurance$31,077$1,614-$32,691
Information Technology$12,877$8,652-$21,529
Fees for Services Accounting$15,061$5,538-$20,599
Fees for Services Legal-$11,400-$11,400
Total Functional Expenses$7,153,768$286,690$0$7,440,458
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
Finance Lease Liability$894,247
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 governing body review Part VI line 11

Prentice alexander, doreen peterson, finance officer, reviews the form 990, then distributes the tax return to board members to review before filing.

Conflict of interest policy compliance Part VI line 12C

The organization reviews the conflict of interest policy during board meetings to reiterate the procedures to avoid entering into a transaction or arrangement that might benefit the private interest of an officer or director of the organization or might result in a possible excess benefit transaction. The organization stays abbreast oapplicable state and federal laws governing conflict of innterest applicable to the organization because most of the funding is governed by state and federal regulations. The conflict of interest policy is included in the personnelmanual. Each employee and board member signs the conflict of interest policy.

CEO executive director top management comp Part VI line 15A

The board approves the directors salary based on reviwes, marketing comparison and job performance. The director sets salary for the other compensations within the organization.the salaries then go through another process approved through the finance committee.

Other officer or key employee compensation Part VI line 15B

The board approves the directors salary based on reviews, marketing comparison and job performance. The director sets salary for other compensations within the organization.

Governing documents etc available to public Part VI line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Quality Home Care Services Inc
EIN
56-2480615
Address
3607 BEATTIES FORD RD, Charlotte, NC 28216

Signing Officer

Name
Prentice Alexander
Title
Financial Direc
Phone
7043948968
Signed
2024-11-11
Discuss with paid preparer
No

Organization Details

Formed
2005
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
9

Preparer

Firm
Hwa Alliance of CPA Firms Inc
Address
6100 OAK TREE BLVD SUITE 200, Independence, OH 44131
Preparer
John R Wright
Phone
2165410090
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

The allocation of expenses were more detailed then alloted titles.

Raw XML Appendix382 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/ExplanationTxt0PRENTICE ALEXANDER, DOREEN PETERSON, FINANCE OFFICER, REVIEWS THE FORM 990, THEN DISTRIBUTES THE TAX RETURN TO BOARD MEMBERS TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY DURING BOARD MEETINGS TO REITERATE THE PROCEDURES TO AVOID ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE ORGANIZATION OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. THE ORGANIZATION STAYS ABBREAST OAPPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INNTEREST APPLICABLE TO THE ORGANIZATION BECAUSE MOST OF THE FUNDING IS GOVERNED BY STATE AND FEDERAL REGULATIONS. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE PERSONNELMANUAL. EACH EMPLOYEE AND BOARD MEMBER SIGNS THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD APPROVES THE DIRECTORS SALARY BASED ON REVIWES, MARKETING COMPARISON AND JOB PERFORMANCE. THE DIRECTOR SETS SALARY FOR THE OTHER COMPENSATIONS WITHIN THE ORGANIZATION.THE SALARIES THEN GO THROUGH ANOTHER PROCESS APPROVED THROUGH THE FINANCE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD APPROVES THE DIRECTORS SALARY BASED ON REVIEWS, MARKETING COMPARISON AND JOB PERFORMANCE. THE DIRECTOR SETS SALARY FOR OTHER COMPENSATIONS WITHIN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ALLOCATION OF EXPENSES WERE MORE DETAILED THEN ALLOTED TITLES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TravelGrp/TotalAmt075274
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IRS990/UponRequestInd0X
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Prentice Alexander
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Financial Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum07043948968
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0QUALITY HOME CARE SERVICES INC
ReturnHeader/Filer/BusinessNameControlTxt0QUAL
ReturnHeader/Filer/EIN0562480615
ReturnHeader/Filer/USAddress/AddressLine1Txt03607 BEATTIES FORD RD
ReturnHeader/Filer/USAddress/CityNm0Charlotte
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028216
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813010192
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HWA ALLIANCE OF CPA FIRMS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06100 OAK TREE BLVD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Independence
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044131
ReturnHeader/PreparerPersonGrp/PhoneNum02165410090
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John R Wright
ReturnHeader/ReturnTs02025-05-15T23:22:22-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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