Civic Intelligence

Blue Ridge Area Foundation Inc

990 • Fiscal year 2014 • EIN 58-1557339

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 14, 2014

119 Tunnel Road Suite ERoom/Suite E28805-1800

(828) 251-4500

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.67x

Higher debt load relative to assets than 82% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

49th percentile

0.18x

Higher debt load relative to revenue than 49% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

40th percentile

0.3%

Higher net margin than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

23rd percentile

$54,192

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

10th percentile

-8.7%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$2,246,354

Down $215,330 (-8.7%) from 2013

Net Assets

Up

$741,636

Up $25,109 (+3.5%) from 2013

Liabilities

Down

$1,504,718

Down $240,439 (-14%) from 2013

Revenue

$8,319,652

No earlier filing loaded for comparison.

Expenses

Up

$8,294,543

Up $33,997 (+0.4%) from 2013

Net Income

$25,109

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,478,347Liabilities 2011: $1,988,163Net Assets 2011: $490,1842011Assets 2012: $2,521,123Liabilities 2012: $1,758,356Net Assets 2012: $762,7672012Assets 2013: $2,461,684Liabilities 2013: $1,745,157Net Assets 2013: $716,5272013Assets 2014: $2,246,354Liabilities 2014: $1,504,718Net Assets 2014: $741,6362014Assets 2015: $2,028,654Liabilities 2015: $1,448,545Net Assets 2015: $580,1092015Assets 2016: $1,544,434Liabilities 2016: $1,535,515Net Assets 2016: $8,9192016Assets 2017: $1,646,559Liabilities 2017: $455,551Net Assets 2017: $1,191,0082017Assets 2018: $1,856,119Liabilities 2018: $554,727Net Assets 2018: $1,301,3922018Assets 2019: $1,762,173Liabilities 2019: $819,385Net Assets 2019: $942,7882019

Highlighted filing

2014

Assets$2,246,354
Liabilities$1,504,718
Net Assets$741,636

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $7,997,2832011Expenses 2012: $8,122,0372012Expenses 2013: $8,260,5462013Revenue 2014: $8,319,652Expenses 2014: $8,294,543Net Income 2014: $25,1092014Revenue 2015: $8,247,025Expenses 2015: $8,408,548Net Income 2015: -$161,5232015Revenue 2016: $8,681,587Expenses 2016: $9,165,866Net Income 2016: -$484,2792016Revenue 2017: $9,957,929Expenses 2017: $8,775,840Net Income 2017: $1,182,0892017Revenue 2018: $8,383,601Expenses 2018: $8,273,217Net Income 2018: $110,3842018Revenue 2019: $8,282,938Expenses 2019: $8,600,868Net Income 2019: -$317,9302019

Highlighted filing

2014

Revenue$8,319,652
Expenses$8,294,543
Net Income$25,109
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$8,319,652
Mission and Program Overview

Mission

Blue Ridge Area Foundation provides individualized, comprehensive and high quality

Blue ridge area foundation provides individualized, comprehensive and high quality residential and vocational services to adults with developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,156,651$1,142,716▼ $13,935
Land, Buildings, and Equipment, Net$629,365$521,136▼ $108,229
Accounts Receivable$637,411$471,706▼ $165,705
Intangible Assets$31,587$30,564▼ $1,023
Prepaid Expenses and Deferred Charges$4,418$2,932▼ $1,486
Cash and Non-Interest-Bearing Accounts$2,252$2,300▲ $48
Total Assets$2,461,684$2,246,354▼ $215,330
Other Assets Total-$75,000-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,185,732$1,124,318▼ $61,414
Accounts Payable and Accrued Expenses$559,425$380,400▼ $179,025
Total Liabilities$1,745,157$1,504,718▼ $240,439
Net Assets / Fund Balance
Unrestricted Net Assets$716,527$741,636▲ $25,109
Total Net Assets Fund Balance$716,527$741,636▲ $25,109
Total Liabilities and Net Assets / Fund Balance$2,461,684$2,246,354▼ $215,330

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$228,916$3,268,186$3,497,102
Equipment$121,616$964,845$1,086,461
Land$166,935-$166,935
Other Land Buildings$1,798$18,290$20,088
Leasehold Improvements$1,871$8,463$10,334
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Phillip R GastonOfficer$50,317$3,875$54,192
Lawrence ThompsonCEO$20,167$3,354$23,521

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$52,892
Program Service Revenue
$8,219,123
Investment Income
$1,840
Other Revenue
$45,797
All Other Contributions
$52,892
Change in Net Assets
$25,109

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,319,652
Total Revenue per Audited Statements
$8,319,652
Total Revenue per Form 990
$8,319,652
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,030,112
Other Expenses$2,264,431
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,009,329$154,388-$5,163,717
Payroll Taxes$435,972$19,570-$455,542
Other Employee Benefits$283,281$15,266-$298,547
Other Expenses$200,241$64,770-$265,011
Insurance$200,472$13,588-$214,060
All Other Expenses$177,619$6,711-$184,330
Depreciation Depletion$128,359$7,971-$136,330
Fees for Services Other$94,457--$94,457
Current Officers, Directors, Trustees, and Key Employees-$70,484-$70,484
Interest$49,206$23-$49,229
Occupancy-$47,424-$47,424
Fees for Services Legal-$46,904-$46,904
Pension Plan Contributions$36,625$5,197-$41,822
Fees for Services Accounting-$11,700-$11,700
Total Functional Expenses$7,812,952$481,591$0$8,294,543

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,294,543
Total Expenses per Audited Statements$8,294,543
Total Expenses per Form 990$8,294,543
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
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reveiwed by the ceo and cfo before being mailed. Financial information is tied into the audit where appropriate.

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

The board of directors reviews the conflict of interest policy annually. Additionally, each board member is asked to list any potential conflicts, or lack thereof, in writing each year.

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

Compensation of the ceo was determined on a negotiated basis with the board of directors using comparable wage information from contemporaries and salary information from similar size programs.

Form 990, Page 6, Part VI, Line 19

The form 990 is available on the organization's website and/or upon request.

Filing and Contact Details

Filer

EIN
58-1557339
Phone
8282514500

Signing Officer

Name
Lawrence Thompson
Title
CEO
Phone
8282514500
Signed
2014-11-14

Organization Details

Principal Officer
Lawrence E Thompson
Formed
1983
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
367

Preparer

Preparer
Charles E Killian CPA
Phone
8282580363
Supplemental Narrative

Additional Explanations

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

Provides quality residential care, vocational & community alternatives program services for adult individuals with developmental disabilities/mental retardation.

Form 990, Page 12, Part XII, Line 2C

The board of directors assumes responsibility and provides general oversight of the audit, review, or compilation of the financial statements and the selection of an independant accountant.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03323
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08976
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDES QUALITY RESIDENTIAL CARE, VOCATIONAL & COMMUNITY ALTERNATIVES PROGRAM SERVICES FOR ADULT INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES/MENTAL RETARDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVEIWED BY THE CEO AND CFO BEFORE BEING MAILED. FINANCIAL INFORMATION IS TIED INTO THE AUDIT WHERE APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY. ADDITIONALLY, EACH BOARD MEMBER IS ASKED TO LIST ANY POTENTIAL CONFLICTS, OR LACK THEREOF, IN WRITING EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE CEO WAS DETERMINED ON A NEGOTIATED BASIS WITH THE BOARD OF DIRECTORS USING COMPARABLE WAGE INFORMATION FROM CONTEMPORARIES AND SALARY INFORMATION FROM SIMILAR SIZE PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AND/OR UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY AND PROVIDES GENERAL OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDANT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 12, PART XII, LINE 2C
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IRS990/TotalFunctionalExpensesGrp/TotalAmt08294543
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0716527
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0741636
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10119 TUNNEL RD STE E
IRS990/USAddress/City0ASHEVILLE
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode028805
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.BLUERIDGEGROUPHOMES.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LAWRENCE THOMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08282514500

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