Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
EIN 58-1091148 • 501(c)3 • Valdosta, GA
Profile
Providing day services to adults with developmental disabilities.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
36th percentile
Higher debt load relative to assets than 36% of similar nonprofits.
Liabilities / Revenue
43rd percentile
Higher debt load relative to revenue than 43% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
48th percentile
Higher top officer pay than 48% of similar nonprofits.
Top officer pay equals 4.4% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Assets
Up$6,256,036
Up $385,595 (+6.6%) from 2023
Liabilities
Down$323,192
Down $61,026 (-16%) from 2023
Net Assets
Up$5,932,844
Up $446,621 (+8.1%) from 2023
Revenue
Up$2,867,652
Up $473,076 (+20%) from 2023
Expenses
Up$2,421,031
Up $20,472 (+0.9%) from 2023
Net Income
Up$446,621
Up $452,604 (+7565%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Providing day services to adults with developmental disabilities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,178,122 | $2,171,301 | ▼ $6,821 |
| Cash and Non-Interest-Bearing Accounts | $691,088 | $1,014,859 | ▲ $323,771 |
| Savings and Temporary Cash Investments | $405,605 | $425,509 | ▲ $19,904 |
| Accounts Receivable | $217,296 | $222,392 | ▲ $5,096 |
| Prepaid Expenses and Deferred Charges | $111,700 | $100,247 | ▼ $11,453 |
| Inventories for Sale or Use | $91,145 | $49,408 | ▼ $41,737 |
| Total Assets | $5,870,441 | $6,256,036 | ▲ $385,595 |
| Other Assets Total | $2,175,485 | $2,272,320 | ▲ $96,835 |
| Liabilities | |||
| Other Liabilities | $335,433 | $237,852 | ▼ $97,581 |
| Accounts Payable and Accrued Expenses | $48,785 | $85,340 | ▲ $36,555 |
| Total Liabilities | $384,218 | $323,192 | ▼ $61,026 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $5,486,223 | $5,932,844 | ▲ $446,621 |
| Total Net Assets Fund Balance | $5,486,223 | $5,932,844 | ▲ $446,621 |
| Total Liabilities and Net Assets / Fund Balance | $5,870,441 | $6,256,036 | ▲ $385,595 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,397,510 | $1,208,125 | $2,605,635 |
| Equipment | $276,268 | $546,889 | $823,157 |
| Land | $485,611 | - | $485,611 |
| Other Land Buildings | $11,912 | $65,640 | $77,552 |
| Other Assets Org | $92,501 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Dr Harry A Hamm | Executive Director | FT | $125,589 | $125,589 |
| Name | Title |
|---|---|
| Dr Ruth Stonestreet | President |
| Brad Sims | Vice-President |
| Eugene Bell Jr | Director |
| James Allred | Director |
| Jean Brady | Director |
| Kay Powers | Director |
| Lorena Cole | Director |
| Mary Fountain-Foster | Director |
| Mike Elkins | Director |
| Paula Chick | Director |
| Scott James Matheson | Director |
| Shanita Matchett | Director |
| Stephanie Fudge | Director |
| Lisa Noyes | Secretary |
| Dr Jesse Spencer | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $101,320 | Comparable Sales |
| Other Non Cash Contri Table | 1 | $20,700 | Comparable Sales |
| Total Noncash Contributions | 2 | $122,020 | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,692,589 |
| Other Expenses | $728,442 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $927,243 | $240,739 | - | $1,167,982 |
| Other Employee Benefits | $175,311 | $121,817 | - | $297,128 |
| Depreciation Depletion | $96,810 | $36,019 | - | $132,829 |
| Current Officers, Directors, Trustees, and Key Employees | - | $125,589 | - | $125,589 |
| Payroll Taxes | $75,711 | $26,179 | - | $101,890 |
| Insurance | - | $99,795 | - | $99,795 |
| Occupancy | $5,784 | $51,299 | - | $57,083 |
| Information Technology | $22 | $56,473 | - | $56,495 |
| All Other Expenses | $772,264 | $-731,519 | - | $40,745 |
| Fees for Services Accounting | $245 | $29,503 | - | $29,748 |
| Other Expenses | $16,981 | $13,923 | - | $16,981 |
| Travel | - | $1,269 | - | $1,269 |
| Total Functional Expenses | $2,288,379 | $132,652 | $0 | $2,421,031 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,421,031 |
| Total Expenses per Audited Statements | $2,421,031 |
| Total Expenses per Form 990 | $2,421,031 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Compensated Absences | $109,385 |
| Right-of-use Liability | $92,501 |
| Other Liabilities | $32,269 |
| Payroll Taxes Payable | $3,697 |
“Organization's process to review form 990: Prepared by outside CPA. Reviewed by an officer.”
“Conflict of interest disclosure statements are required to be signed by allemployees and board members annually.”
“The Executive Compensation Committee reviews the compensation package ofExecutive Directors of similar facilities of comparable size to LARC, Inc.,considers the current base salary, along with any allowable stateincreases, considers any additional percentage increase deemed suitable,based upon written performance review completed by the Officers of theBoard, prepares a compensation package in written form, including benefits,to be presented annually at the June meeting of the Board of Directors andis signed by members of the Executive Compensation Committee.The Board of Directors approves budgeted salaries for other employees intotal but is not involved in determining compensation of other keyemployees.”
“Upon request, governing documents, conflict of interest policy and financial statements are available for inspection at the Organization's office.”
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/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 2175485 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 2272320 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 121817 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 175311 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 297128 |
| IRS990/OtherExpensesGrp/Desc | 0 | Vehicle Expenses |
| IRS990/OtherExpensesGrp/Desc | 1 | Repairs and Maintenance |
| IRS990/OtherExpensesGrp/Desc | 2 | Other Expenses |
| IRS990/OtherExpensesGrp/Desc | 3 | Other Services |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 58 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 61508 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 13923 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 180325 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 33882 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 3801 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 16981 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 180383 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 95390 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 17724 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 16981 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 335433 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 237852 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Other income |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 70725 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 70725 |
| IRS990/OtherRevenueTotalAmt | 0 | 70725 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 240739 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 927243 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1167982 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 26179 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 75711 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 101890 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 111700 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 100247 |
| IRS990/PrincipalOfficerNm | 0 | Dr Harry A Hamm |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Dev. Disb. Revenue |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Private pay |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Work activities, net |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | Recycling activities, |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2354992 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 4434 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1134 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | -61593 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2354992 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 4434 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1134 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | -61593 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Community access group - for socialization and community integration |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 2087370 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 345250 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 81603 |
| IRS990/PYOtherExpensesAmt | 0 | 681625 |
| IRS990/PYOtherRevenueAmt | 0 | 26216 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 1941507 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -5983 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1718934 |
| IRS990/PYTotalExpensesAmt | 0 | 2400559 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2394576 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 446621 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 405605 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 425509 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 287587 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 345250 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1009076 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 373569 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 591378 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2606860 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 207138 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 61620 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | -361098 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 524873 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 30096 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 462629 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 3098286 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.84930 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.91170 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2606860 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 287587 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 345250 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1009076 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 373569 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 591378 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2606860 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3069489 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1397510 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1208125 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2605635 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 276268 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 546889 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 823157 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 2421031 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 207138 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 485611 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 485611 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 2173519 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 6300 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 92501 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Long-term investments |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | Deposit on Capital Assets |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | Right-of-use Assets |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 11912 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 65640 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 77552 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 109385 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 3697 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 32269 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 92501 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Compensated Absences |
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