Civic Intelligence

Blue Ridge Area Foundation Inc

990 • Fiscal year 2018 • EIN 58-1557339

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 14, 2019

28 Pisgah View AvenueAsheville, NC 28803

(828) 251-4500

Siviq Scores

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

Liabilities / Assets

64th percentile

0.30x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

29th percentile

0.07x

Higher debt load relative to revenue than 29% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

44th percentile

1.3%

Higher net margin than 44% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

45th percentile

$110,612

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

77th percentile

13%

Faster asset growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

15th percentile

-16%

Faster revenue growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,856,119

Up $209,560 (+13%) from 2017

Net Assets

Up

$1,301,392

Up $110,384 (+9.3%) from 2017

Liabilities

Up

$554,727

Up $99,176 (+22%) from 2017

Revenue

Down

$8,383,601

Down $1,574,328 (-16%) from 2017

Expenses

Down

$8,273,217

Down $502,623 (-5.7%) from 2017

Net Income

Down

$110,384

Down $1,071,705 (-91%) from 2017

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

2018

Assets$1,856,119
Liabilities$554,727
Net Assets$1,301,392

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

2018

Revenue$8,383,601
Expenses$8,273,217
Net Income$110,384
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 14, 2019
Return Version
2017v2.2
Gross Receipts
$8,383,601
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
Cash and Non-Interest-Bearing Accounts$650$647,070▲ $646,420
Land, Buildings, and Equipment, Net$503,806$475,744▼ $28,062
Accounts Receivable$457,597$358,831▼ $98,766
Savings and Temporary Cash Investments$640,161$205,127▼ $435,034
Prepaid Expenses and Deferred Charges$44,345$63,348▲ $19,003
Total Assets$1,646,559$1,856,119▲ $209,560
Other Assets Total-$105,999-
Liabilities
Accounts Payable and Accrued Expenses$420,090$422,456▲ $2,366
Other Liabilities-$105,999-
Mortgage Notes Payable Secured by Investment Property$35,461$26,272▼ $9,189
Total Liabilities$455,551$554,727▲ $99,176
Net Assets / Fund Balance
Unrestricted Net Assets$1,191,008$1,301,392▲ $110,384
Total Net Assets Fund Balance$1,191,008$1,301,392▲ $110,384
Total Liabilities and Net Assets / Fund Balance$1,646,559$1,856,119▲ $209,560

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$195,399$2,399,033$2,594,432
Other Land Buildings$77,711$492,524$570,235
Equipment$93,034$50,009$143,043
Land$109,600-$109,600
Leasehold Improvements-$9,200$9,200
Other Assets Org$105,999--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Chrissie GuldenChief Executive OfficerPT$110,612$110,612
Tina WoodyChief Operating OfficerPT$89,701$89,701
Miriam StuartChief Finance OfficerPT$87,012$87,012
Jennifer MonroeChief Human Resources OfficerPT$80,000$80,000

Board Members and Trustees

NameTitle
Bruce MurrayPresident
Angela PittmanDirector
Linda McdanielDirector
Mike AndersonDirector
Wanda CurleyDirector
Wendy CraigDirector
Diane Van NuysSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,949
Program Service Revenue
$8,363,389
Investment Income
$0
Other Revenue
$16,263
All Other Contributions
$3,949
Change in Net Assets
$110,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,869,288
Other Expenses$2,403,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,736,633$77,820$0$4,814,453
Other Employee Benefits$375,121$32,896$0$408,017
Occupancy$317,769$73,633$0$391,402
Payroll Taxes$364,089$5,510$0$369,599
Fees for Services Management$0$298,019$0$298,019
Current Officers, Directors, Trustees, and Key Employees$0$277,219$0$277,219
Information Technology$145,798$59,562$0$205,360
Travel$141,898$752$0$142,650
Fees for Services Other$128,928$340$0$129,268
All Other Expenses$93,652$8,221$0$101,873
Depreciation Depletion$85,098$11,479$0$96,577
Office Expenses$35,276$34,824$0$70,100
Insurance$13,852$20,936$0$34,788
Other Expenses$34,143$0$0$34,143
Fees for Services Accounting$0$13,693$0$13,693
Advertising$9,616$0$0$9,616
Fees for Services Legal$0$9,040$0$9,040
Interest$1,392$0$0$1,392
Total Functional Expenses$7,349,273$923,944$0$8,273,217
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
Funds Held for Representative Payee Beneficiaries$105,999
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Filing and Contact Details

Filer

Filer Name
Blue Ridge Area Foundation Inc
EIN
58-1557339
Phone
8282514500
Address
28 Pisgah View Avenue, Asheville, NC 28803
Doing Business As
Blue Ridge Group Homes

Signing Officer

Name
Chrissie Gulden
Title
CEO
Phone
8282514500
Signed
2019-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chrissie Gulden
Formed
1983
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
356
Volunteers
0

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801-1434
Preparer
Stephen C Corliss
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Form 990 is reviewed by the CEO and CFO before being filed.

Pt 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.

Pt 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.

Pt VI, Line 19

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

Form 990, Part IX, Line 24E

Occupational Therapy Fees 53407. 53407. 0. 0.

Form 990, Part IX, Line 24E

Recreation Therapy Supplies 20338. 20338. 0. 0.

Form 990, Part IX, Line 24E

License and Dues 6387. 5603. 784. 0.

Form 990, Part IX, Line 24E

Training 16882. 14027. 2855. 0.

Form 990, Part IX, Line 24E

Miscellaneous 4859. 277. 4582. 0.

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IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0241511
IRS990/OtherExpensesGrp/ProgramServicesAmt1509997
IRS990/OtherExpensesGrp/ProgramServicesAmt2114500
IRS990/OtherExpensesGrp/ProgramServicesAmt334143
IRS990/OtherExpensesGrp/TotalAmt0241511
IRS990/OtherExpensesGrp/TotalAmt1509997
IRS990/OtherExpensesGrp/TotalAmt2114500
IRS990/OtherExpensesGrp/TotalAmt334143
IRS990/OtherLiabilitiesGrp/EOYAmt0105999
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt02689
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02689
IRS990/OtherRevenueTotalAmt02689
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt077820
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04736633
IRS990/OtherSalariesAndWagesGrp/TotalAmt04814453
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05510
IRS990/PayrollTaxesGrp/ProgramServicesAmt0364089
IRS990/PayrollTaxesGrp/TotalAmt0369599
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt044345
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt063348
IRS990/PrincipalOfficerNm0CHRISSIE GULDEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/BusinessCd1624310
IRS990/ProgramServiceRevenueGrp/Desc0Fees for Services - ICF/MR
IRS990/ProgramServiceRevenueGrp/Desc1Fees for Services - Vocational
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07471189
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1892200
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03700
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01446828
IRS990/PYOtherExpensesAmt02070099
IRS990/PYOtherRevenueAmt016683
IRS990/PYProgramServiceRevenueAmt08490718
IRS990/PYRevenuesLessExpensesAmt01182089
IRS990/PYSalariesCompEmpBnftPaidAmt06705741
IRS990/PYTotalExpensesAmt08775840
IRS990/PYTotalRevenueAmt09957929
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0110384
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08409064
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0640161
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0205127
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Thrift Store Income 2017: 13574. Description: Other Income 2017: 2689.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03949
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01472
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011871
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt052892
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt073884
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08363389
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08490718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08656415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08206779
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt08219123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt041936424
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt016263
IRS990ScheduleA/OtherIncome509Grp/TotalAmt016263
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt042010308
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08367338
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08494418
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08657887
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08218650
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08272015
IRS990ScheduleA/Total509Grp/TotalAmt042010308
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt042026571
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0195399
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02399033
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02594432
IRS990ScheduleD/EquipmentGrp/BookValueAmt093034
IRS990ScheduleD/EquipmentGrp/DepreciationAmt050009
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0143043
IRS990ScheduleD/LandGrp/BookValueAmt0109600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0109600
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt09200
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09200
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0105999
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash Held for Representative Payee Beneficiaries
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt077711
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0492524
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0570235
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0105999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Funds Held for Representative Payee Beneficiaries
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0475744
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0105999
IRS990ScheduleD/TotalLiabilityAmt0105999
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed by the CEO and CFO before being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 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/ExplanationTxt2Compensation 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/ExplanationTxt3The Form 990 is available on the organization's website and/or upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Occupational Therapy Fees 53407. 53407. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Recreation Therapy Supplies 20338. 20338. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6License and Dues 6387. 5603. 784. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Training 16882. 14027. 2855. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous 4859. 277. 4582. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false

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