Civic Intelligence

Cambridge Inc

EIN 74-2566411 • 501(c)3 • Arden, NC

Profile

Management of related non-profit health care organizations.

48 Fisk DrArden, NC 28704
Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

225%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k 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

18th percentile

-47%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$106,435

Down $95,665 (-47%) from 2023

Liabilities

Down

$709

Down $100,790 (-99%) from 2023

Net Assets

Up

$105,726

Up $5,125 (+5.1%) from 2023

Revenue

Down

-$5,490

Down $9,253 (-246%) from 2023

Expenses

Down

$6,881

Down $175,284 (-96%) from 2023

Net Income

Up

-$12,371

Up $166,031 (+93%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $450,445Liabilities 2010: $40,660Net Assets 2010: $409,7852010Assets 2011: $420,716Liabilities 2011: $4,711Net Assets 2011: $416,0052011Assets 2012: $451,983Liabilities 2012: $1,722Net Assets 2012: $450,2612012Assets 2013: $480,327Liabilities 2013: $1,935Net Assets 2013: $478,3922013Assets 2014: $448,772Liabilities 2014: $0Net Assets 2014: $448,7722014Assets 2015: $360,155Liabilities 2015: $1,260Net Assets 2015: $358,8952015Assets 2016: $392,477Liabilities 2016: $0Net Assets 2016: $392,4772016Assets 2017: $478,865Liabilities 2017: $5,866Net Assets 2017: $472,9992017Assets 2018: $404,573Liabilities 2018: $231Net Assets 2018: $404,3422018Assets 2019: $481,479Liabilities 2019: $10,628Net Assets 2019: $470,8512019Assets 2020: $530,422Liabilities 2020: $757Net Assets 2020: $529,6652020Assets 2021: $492,296Liabilities 2021: $636Net Assets 2021: $491,6602021Assets 2022: $276,114Liabilities 2022: $14,962Net Assets 2022: $261,1522022Assets 2023: $202,100Liabilities 2023: $101,499Net Assets 2023: $100,6012023Assets 2024: $106,435Liabilities 2024: $709Net Assets 2024: $105,7262024

Highlighted filing

2024

Assets$106,435
Liabilities$709
Net Assets$105,726

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2010: $512,619Expenses 2010: $527,142Net Income 2010: -$14,5232010Revenue 2011: $575,201Expenses 2011: $534,733Net Income 2011: $40,4682011Expenses 2012: $543,7362012Revenue 2013: $577,663Expenses 2013: $581,810Net Income 2013: -$4,1472013Revenue 2014: $561,317Expenses 2014: $585,503Net Income 2014: -$24,1862014Revenue 2015: $548,978Expenses 2015: $581,840Net Income 2015: -$32,8622015Revenue 2016: $309,061Expenses 2016: $303,939Net Income 2016: $5,1222016Revenue 2017: $310,362Expenses 2017: $273,276Net Income 2017: $37,0862017Revenue 2018: $325,469Expenses 2018: $353,189Net Income 2018: -$27,7202018Revenue 2019: $332,144Expenses 2019: $276,128Net Income 2019: $56,0162019Revenue 2020: $301,156Expenses 2020: $259,437Net Income 2020: $41,7192020Revenue 2021: $180,799Expenses 2021: $222,631Net Income 2021: -$41,8322021Revenue 2022: -$13,197Expenses 2022: $186,968Net Income 2022: -$200,1652022Revenue 2023: $3,763Expenses 2023: $182,165Net Income 2023: -$178,4022023Revenue 2024: -$5,490Expenses 2024: $6,881Net Income 2024: -$12,3712024

Highlighted filing

2024

Revenue-$5,490
Expenses$6,881
Net Income-$12,371

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.01$1.06$0.05$0.07$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.02$1.01$1.01$0.04$1.82$1.78
2022Detailed filing. Detailed filing data is available for this year.$2.76$0.15$2.61$0.13$1.87$2.00
2021Detailed filing. Detailed filing data is available for this year.$4.92$0.01$4.92$1.81$2.23$0.42
2020Detailed filing. Detailed filing data is available for this year.$5.30$0.01$5.30$3.01$2.59$0.42
2019Detailed filing. Detailed filing data is available for this year.$4.81$0.11$4.71$3.32$2.76$0.56
2018Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.04$3.25$3.53$0.28
2017Detailed filing. Detailed filing data is available for this year.$4.79$0.06$4.73$3.10$2.73$0.37
2016Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$3.09$3.04$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.60$0.01$3.59$5.49$5.82$0.33
2014Detailed filing. Detailed filing data is available for this year.$4.49$0.00$4.49$5.61$5.86$0.24
2013Detailed filing. Detailed filing data is available for this year.$4.80$0.02$4.78$5.78$5.82$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.52$0.02$4.50$5.44
2011Summary only. Only limited summary data is available for this year.$4.21$0.05$4.16$5.75$5.35$0.40
2010Summary only. Only limited summary data is available for this year.$4.50$0.41$4.10$5.13$5.27$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.0
Gross Receipts
$144,029
Mission and Program Overview

Mission

Management of related non-profit health care organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$190,845$81,414▼ $109,431
Cash and Non-Interest-Bearing Accounts$10,379$24,145▲ $13,766
Total Assets$202,100$106,435▼ $95,665
Other Assets Total$876$876→ $0
Liabilities
Accounts Payable and Accrued Expenses$101,499--
Other Liabilities-$709-
Total Liabilities$101,499$709▼ $100,790
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$100,601$105,726▲ $5,125
Total Net Assets Fund Balance$100,601$105,726▲ $5,125
Total Liabilities and Net Assets / Fund Balance$202,100$106,435▼ $95,665
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr James L PriceChairman
Matthew WrightDirector
William ChambersDirector
Scott C JaegerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-5,490
Other Revenue
$0
Change in Net Assets
$-12,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$3,030--$3,030
Office Expenses$2,476--$2,476
Fees for Services Accounting-$1,375-$1,375
Total Functional Expenses$5,506$1,375$0$6,881
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
Credit Card$709
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 7A

Members of the board of directors are shared with the board of directors of the foundation for the elderly, inc., the organization's parent nonprofit organization.

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

The return was prepared by an independent accountant with assistance and oversight by management. Upon completion and review, the return was provided to each voting board member prior to submission to the irs.

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

Cambridge services, inc. Monitors and enforces compliance with the conflict of interest policy at the annual board meeting. A code of conduct document is reviewed and signed by each board member. Each board member is responsible for making any conflicts known to the entire board and to recuse themselves from that particular vote.

Form 990, Page 6, Part VI, Line 19

Made available upon request.

Filing and Contact Details

Filer

Filer Name
Cambridge Inc
EIN
74-2566411
Phone
8286848441
Address
48 FISK DR, ARDEN, NC 28704
Doing Business As
Cambridge Services Inc

Signing Officer

Name
Scott C Jaeger
Title
Secretary
Phone
8286848441
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr James L Price
Formed
1994
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
6

Preparer

Firm
Carter P C
Address
301 COLLEGE ST STE 320, ASHEVILLE, NC 28801-2449
Preparer
Alan Toler
Phone
8282599900
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers to the organization include the board of directors. Each position is unpaid, other than small amounts to offset travel and expenses incurred.

Raw XML Appendix342 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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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/GainOrLossGrp/SecuritiesAmt0-8016
IRS990/GamingActivitiesInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ORGANIZATIONS ARE UNDER A GROUP EXEMPTION AND GOVERNED BY THE SAME PERSONS ON EACH BOARD OF DIRECTORS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1SCHEDULE A, LINE 11(G)(VI) - DESCRIPTION OF OTHER SUPPORT: THE ORGANIZATION SUPPORTS TECHNOLOGY FIRST ALLIANCE (F/K/A NUCADENCE INC) THROUGH DIRECT CASH PAYMENTS TO OUTSIDE MANAGEMENT COMPANIES FOR SERVICES PROVIDED AND BY INCURRING ADMINISTRATIVE EXPENSES FOR LEADERSHIP, COMMUNICATION, AND REQUIRED TRAVEL.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS TO THE ORGANIZATION INCLUDE THE BOARD OF DIRECTORS. EACH POSITION IS UNPAID, OTHER THAN SMALL AMOUNTS TO OFFSET TRAVEL AND EXPENSES INCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE BOARD OF DIRECTORS ARE SHARED WITH THE BOARD OF DIRECTORS OF THE FOUNDATION FOR THE ELDERLY, INC., THE ORGANIZATION'S PARENT NONPROFIT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION AND REVIEW, THE RETURN WAS PROVIDED TO EACH VOTING BOARD MEMBER PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CAMBRIDGE SERVICES, INC. MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT THE ANNUAL BOARD MEETING. A CODE OF CONDUCT DOCUMENT IS REVIEWED AND SIGNED BY EACH BOARD MEMBER. EACH BOARD MEMBER IS RESPONSIBLE FOR MAKING ANY CONFLICTS KNOWN TO THE ENTIRE BOARD AND TO RECUSE THEMSELVES FROM THAT PARTICULAR VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/TotalAmt06881
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT C JAEGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum08286848441
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAMBRIDGE INC
ReturnHeader/Filer/BusinessNameControlTxt0CAMB
ReturnHeader/Filer/EIN0742566411
ReturnHeader/Filer/PhoneNum08286848441
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383828234
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARTER P C
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
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ReturnHeader/PreparerPersonGrp/PhoneNum08282599900
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN TOLER
ReturnHeader/ReturnTs02025-11-04T09:33:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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