Civic Intelligence

Caring Services Inc.

990 • Fiscal year 2017 • EIN 58-2181296

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 15, 2018

102 Chestnut DriveHigh Point, NC 27260

(336) 886-5594

Siviq Scores

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

Liabilities / Assets

67th percentile

0.36x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • NTEE P • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.66x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • NTEE P • $1M-$5M nonprofits • Source year 2017

Net Margin

27th percentile

-2.0%

Higher net margin than 27% of similar nonprofits.

2017 filings • NTEE P • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

27th percentile

$27,000

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2017 filings • NTEE P • $1M-$5M nonprofits • Source year 2017

Asset Growth

27th percentile

-2.3%

Faster asset growth than 27% of similar nonprofits.

2017 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-8.6%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,791,758

Down $42,166 (-2.3%) from 2016

Net Assets

Down

$1,149,667

Down $19,690 (-1.7%) from 2016

Liabilities

Down

$642,091

Down $22,476 (-3.4%) from 2016

Revenue

Down

$970,481

Down $90,768 (-8.6%) from 2016

Expenses

Down

$990,171

Down $34,482 (-3.4%) from 2016

Net Income

Down

-$19,690

Down $56,286 (-154%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,311,072Liabilities 2010: $423,864Net Assets 2010: $887,2082010Assets 2011: $1,404,084Liabilities 2011: $425,202Net Assets 2011: $978,8822011Assets 2012: $1,380,003Liabilities 2012: $366,650Net Assets 2012: $1,013,3532012Assets 2013: $1,940,639Liabilities 2013: $778,982Net Assets 2013: $1,161,6572013Assets 2014: $1,894,718Liabilities 2014: $784,253Net Assets 2014: $1,110,4652014Assets 2015: $1,847,293Liabilities 2015: $714,532Net Assets 2015: $1,132,7612015Assets 2016: $1,833,924Liabilities 2016: $664,567Net Assets 2016: $1,169,3572016Assets 2017: $1,791,758Liabilities 2017: $642,091Net Assets 2017: $1,149,6672017Assets 2018: $1,748,366Liabilities 2018: $503,676Net Assets 2018: $1,244,6902018Assets 2019: $1,673,068Liabilities 2019: $424,670Net Assets 2019: $1,248,3982019Assets 2020: $1,704,448Liabilities 2020: $389,632Net Assets 2020: $1,314,8162020Assets 2021: $1,393,765Liabilities 2021: $9,749Net Assets 2021: $1,384,0162021Assets 2022: $1,536,914Liabilities 2022: $10,700Net Assets 2022: $1,526,2142022Assets 2023: $1,751,521Liabilities 2023: $221,954Net Assets 2023: $1,529,5672023Assets 2024: $1,766,049Liabilities 2024: $221,964Net Assets 2024: $1,544,0852024

Highlighted filing

2017

Assets$1,791,758
Liabilities$642,091
Net Assets$1,149,667

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $828,3952010Revenue 2011: $951,130Expenses 2011: $859,456Net Income 2011: $91,6742011Revenue 2012: $1,113,162Expenses 2012: $1,078,691Net Income 2012: $34,4712012Expenses 2013: $1,094,6482013Revenue 2014: $977,070Expenses 2014: $1,028,262Net Income 2014: -$51,1922014Revenue 2015: $1,108,718Expenses 2015: $1,086,422Net Income 2015: $22,2962015Revenue 2016: $1,061,249Expenses 2016: $1,024,653Net Income 2016: $36,5962016Revenue 2017: $970,481Expenses 2017: $990,171Net Income 2017: -$19,6902017Revenue 2018: $1,250,443Expenses 2018: $1,155,420Net Income 2018: $95,0232018Revenue 2019: $1,077,791Expenses 2019: $1,074,083Net Income 2019: $3,7082019Revenue 2020: $1,196,564Expenses 2020: $1,260,918Net Income 2020: -$64,3542020Revenue 2021: $1,342,508Expenses 2021: $1,282,308Net Income 2021: $60,2002021Revenue 2022: $1,411,818Expenses 2022: $1,269,620Net Income 2022: $142,1982022Revenue 2023: $1,640,498Expenses 2023: $1,637,145Net Income 2023: $3,3532023Revenue 2024: $1,967,605Expenses 2024: $1,961,905Net Income 2024: $5,7002024

Highlighted filing

2017

Revenue$970,481
Expenses$990,171
Net Income-$19,690
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 15, 2018
Return Version
2016v3.1
Gross Receipts
$970,481
Mission and Program Overview

Mission

Provide licensed mental health and substance abuse services and supervised living facilities for those seeking recovery from substance use disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,826,878$1,756,616▼ $70,262
Cash and Non-Interest-Bearing Accounts$2,654$30,139▲ $27,485
Prepaid Expenses and Deferred Charges$4,392$5,003▲ $611
Total Assets$1,833,924$1,791,758▼ $42,166
Liabilities
Other Liabilities$664,567$642,091▼ $22,476
Total Liabilities$664,567$642,091▼ $22,476
Net Assets / Fund Balance
Unrestricted Net Assets$1,169,357$1,149,667▼ $19,690
Total Net Assets Fund Balance$1,169,357$1,149,667▼ $19,690
Total Liabilities and Net Assets / Fund Balance$1,833,924$1,791,758▼ $42,166

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,559,116$604,176$2,163,292
Land$166,200-$166,200
Other Land Buildings$24,341$120,692$145,033
Equipment$4,900$94,648$99,548
Leasehold Improvements$2,059$3,824$5,883
Compensation and Service Providers

Employees

NameTitleBaseTotal
Rebecca YatesExecutive Di$27,000$27,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$139,310
Program Service Revenue
$819,737
Investment Income
$0
Other Revenue
$11,434
All Other Contributions
$35,822
Change in Net Assets
$-19,690

Audited Revenue Reconciliation

Revenue per Audited Statements
$970,481
Total Revenue per Audited Statements
$970,481
Total Revenue per Form 990
$970,481
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$587,741
Other Expenses$402,430
Total Fundraising Expense$21,112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$449,611$111,130-$560,741
All Other Expenses$44,518$40,067$1,008$85,593
Depreciation Depletion$63,569$6,693-$70,262
Other Expenses$24,775$6,653$959$32,387
Current Officers, Directors, Trustees, and Key Employees-$9,603$17,397$27,000
Interest-$22,665-$22,665
Fees for Services Accounting-$622-$622
Total Functional Expenses$746,030$223,029$21,112$990,171

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$990,171
Total Expenses per Audited Statements$990,171
Total Expenses per Form 990$990,171
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
Mortgages and Other Notes Payable$617,995
Accounts Payable and Accrued Expense$24,096
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
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

Governance Explanations

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

Form 990 reviewed by member of staff

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

Organization monitored compliance with conflict of interest policy regularly

Form 990, Page 6, Part VI, Line 19

All documents are available upon request

Filing and Contact Details

Filer

Filer Name
Caring Services Inc
EIN
58-2181296
Phone
3368865594
Address
102 CHESTNUT DRIVE, HIGH POINT, NC 27260
Doing Business As
Caring Services Inc

Signing Officer

Name
Rebecca Yates
Title
Executive Director
Phone
3368865594
Signed
2018-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Yates
Voting Board Members
8
Independent Board Members
8
Employees
19

Preparer

Firm
Ga Record Pllc
Address
PO BOX 5386, HIGH POINT, NC 27262
Preparer
Glenn a Record
Phone
3368414797
Supplemental Narrative

Additional Explanations

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

Provided licensed mental health and substance abuse services as well as supervised living facilities for those seeking recovery from substance use disorders. Services include emergency food, clothing, counseling, housing, and referrals for medical and employment opportunities.

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IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05360470
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0970481
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01061249
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01108718
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0977070
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01242952
IRS990ScheduleA/Total509Grp/TotalAmt05360470
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0970481
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01061249
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01108718
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0977070
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01242952
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05360470
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01559116
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0604176
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02163292
IRS990ScheduleD/EquipmentGrp/BookValueAmt04900
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094648
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt099548
IRS990ScheduleD/ExpensesSubtotalAmt0990171
IRS990ScheduleD/LandGrp/BookValueAmt0166200
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0166200
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02059
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03824
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05883
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt024341
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0120692
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0145033
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0617995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGES AND OTHER NOTES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCOUNTS PAYABLE AND ACCRUED EXPENSE
IRS990ScheduleD/RevenueSubtotalAmt0970481
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01756616
IRS990ScheduleD/TotalExpensesPerForm990Amt0990171
IRS990ScheduleD/TotalLiabilityAmt0642091
IRS990ScheduleD/TotalRevenuePerForm990Amt0970481
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0970481
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0990171
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED LICENSED MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES AS WELL AS SUPERVISED LIVING FACILITIES FOR THOSE SEEKING RECOVERY FROM SUBSTANCE USE DISORDERS. SERVICES INCLUDE EMERGENCY FOOD, CLOTHING, COUNSELING, HOUSING, AND REFERRALS FOR MEDICAL AND EMPLOYMENT OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY MEMBER OF STAFF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION MONITORED COMPLIANCE WITH CONFLICT OF INTEREST POLICY REGULARLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE UPON REQUEST
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 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01833924
IRS990/TotalAssetsEOYAmt01791758
IRS990/TotalAssetsGrp/BOYAmt01833924
IRS990/TotalAssetsGrp/EOYAmt01791758
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0139310
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021112
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0223029
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0746030
IRS990/TotalFunctionalExpensesGrp/TotalAmt0990171
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0664567
IRS990/TotalLiabilitiesEOYAmt0642091
IRS990/TotalLiabilitiesGrp/BOYAmt0664567
IRS990/TotalLiabilitiesGrp/EOYAmt0642091
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01169357
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01149667
IRS990/TotalOtherProgSrvcExpenseAmt06662
IRS990/TotalProgramServiceExpensesAmt0746030
IRS990/TotalProgramServiceRevenueAmt0819737
IRS990/TotalReportableCompFromOrgAmt027000
IRS990/TotalRevenueGrp/ExclusionAmt0831171
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0970481
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01833924
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01791758
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01169357
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01149667
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 6219
IRS990/USAddress/CityNm0HIGH POINT
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027262
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.CARINGSERVICES.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECCA YATES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03368865594
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARING SERVICES INC
ReturnHeader/Filer/BusinessNameControlTxt0CARI
ReturnHeader/Filer/EIN0582181296
ReturnHeader/Filer/PhoneNum03368865594
ReturnHeader/Filer/USAddress/AddressLine1Txt0102 CHESTNUT DRIVE
ReturnHeader/Filer/USAddress/CityNm0HIGH POINT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027260
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BD55BCBAF3C68CDF1F389F5BA574DD8D29DEB7E8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00B44270D29573665E0F651872049659F1C08C1AF
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450488730
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GA RECORD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 5386
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HIGH POINT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027262
ReturnHeader/PreparerPersonGrp/PhoneNum03368414797
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GLENN A RECORD
ReturnHeader/ReturnTs02018-02-15T17:47:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.22$1.54$1.97$1.96$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.22$1.53$1.64$1.64$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.01$1.53$1.41$1.27$0.14
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.01$1.38$1.34$1.28$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.39$1.31$1.20$1.26$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.67$0.42$1.25$1.08$1.07$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.75$0.50$1.24$1.25$1.16$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.79$0.64$1.15$0.97$0.99$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.83$0.66$1.17$1.06$1.02$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.71$1.13$1.11$1.09$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.89$0.78$1.11$0.98$1.03$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.78$1.16$1.09
2012Summary only. Only limited summary data is available for this year.$1.38$0.37$1.01$1.11$1.08$0.03
2011Summary only. Only limited summary data is available for this year.$1.40$0.43$0.98$0.95$0.86$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.42$0.89$0.83