Civic Intelligence

Carecuts Inc.

990EZ • Fiscal year 2021 • EIN 81-4462946

Jan 01, 2021 to Dec 31, 2021 • Filed on May 16, 2022

Organization ProfileCARECUTSKNOX.ORG
519 Williams StreetKnoxville, TN 37917

(865) 599-3866

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

52nd percentile

9.8%

Higher net margin than 52% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

80th percentile

49%

Faster asset growth than 80% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

81st percentile

72%

Faster revenue growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$59,611

Up $19,483 (+49%) from 2020

Net Assets

Up

$59,611

Up $19,483 (+49%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin52nd percentile

Revenue

Up

$198,809

Up $83,402 (+72%) from 2020

Expenses

Up

$179,326

Up $77,863 (+77%) from 2020

Net Income

Up

$19,483

Up $5,539 (+40%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$600K$400K$200K$0Assets 2016: $1,002Net Assets 2016: $1,0022016Assets 2019: $26,184Net Assets 2019: $26,1842019Assets 2020: $40,128Net Assets 2020: $40,1282020Assets 2021: $59,611Net Assets 2021: $59,6112021Assets 2022: $87,177Net Assets 2022: $87,1772022Assets 2023: $110,398Liabilities 2023: $0Net Assets 2023: $110,3982023Assets 2024: $423,991Liabilities 2024: $0Net Assets 2024: $423,9912024

Highlighted filing

2021

Assets$59,611
Liabilities-
Net Assets$59,611
Open 2021 Filing

Operations Trend

Revenue Growth81st percentile

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

$800K$600K$400K$200K$0Revenue 2016: $8,504Expenses 2016: $7,502Net Income 2016: $1,0022016Revenue 2019: $92,351Expenses 2019: $86,887Net Income 2019: $5,4642019Revenue 2020: $115,407Expenses 2020: $101,463Net Income 2020: $13,9442020Revenue 2021: $198,809Expenses 2021: $179,326Net Income 2021: $19,4832021Revenue 2022: $186,629Expenses 2022: $159,063Net Income 2022: $27,5662022Revenue 2023: $237,384Expenses 2023: $214,163Net Income 2023: $23,2212023Revenue 2024: $706,580Expenses 2024: $392,987Net Income 2024: $313,5932024

Highlighted filing

2021

Revenue$198,809
Expenses$179,326
Net Income$19,483
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 16, 2022
Return Version
2021v4.0
Gross Receipts
$198,809
Mission and Program Overview

Mission

Missions ministry that provides haircuts to the homeless.

Program Services

DescriptionGrantsExpenses
PROVIDE FREE HAIRCUTS, GROOMING SERVICES,CLOTHES AND MEALS TO THE LESS FORTUNATE. MORE THAN 3,292 HAIRCUTS HAVE BEEN PROVIDED AND 10,476 MEALS HAVE BEEN SERVED THIS YEAR.$88,968$179,326
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA A LONGTreasurer-$0--
JANE CRADDOCKSecretaryPT$0--
TIM HILLVice PresidePT$0--
MARY KATHERINE WORMSLEYPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Carecuts Inc
EIN
81-4462946
Phone
8655993866
Address
519 WILLIAMS STREET, KNOXVILLE, TN 37917

Signing Officer

Name
Mary Katherine Wormsley
Title
President
Phone
8655993866
Signed
2022-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Pinkstaff Simpson & Headrick Pc
Address
8858 CEDAR SPRINGS LANE SUITE 5000, KNOXVILLE, TN 37923
Preparer
K Ray Pinkstaff
Phone
8656907010
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Noncash contribution: 88,968”

Form 990-ez, Part I, Line 16

“Expenses advertising 464 office 2,394 insurance 1,703 security 19,413 miscellaneous 13,469 gas/parking 140 other taxes & licenses 300 total 37,883”

Form 990-ez, Part III, Line 28

“Provide free haircuts, grooming services,clothes and meals to the less fortunate. More than 3,292 haircuts have been provided and 10,476 meals have been served this year.”

Raw XML Appendix146 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0LINDA A LONG
IRS990EZ/BooksInCareOfDetail/PhoneNum08655993866
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05301 COMICE WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KNOXVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037919
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040128
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059611
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0198664
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt019483
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040128
IRS990EZ/Form990TotalAssetsGrp/EOYAmt059611
IRS990EZ/GrantsAndSimilarAmountsPaidAmt088968
IRS990EZ/GrossReceiptsAmt0198809
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0145
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040128
IRS990EZ/NetAssetsOrFundBalancesEOYAmt059611
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt040128
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt059611
IRS990EZ/OccupancyRentUtltsAndMaintAmt052475
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt332.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LINDA A LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JANE CRADDOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIM HILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MARY KATHERINE WORMSLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt037883
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MISSIONS MINISTRY THAT PROVIDES HAIRCUTS TO THE HOMELESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE FREE HAIRCUTS, GROOMING SERVICES,CLOTHES AND MEALS TO THE LESS FORTUNATE. MORE THAN 3,292 HAIRCUTS HAVE BEEN PROVIDED AND 10,476 MEALS HAVE BEEN SERVED THIS YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt088968
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0179326
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0179326
IRS990EZ/TotalProgramServiceExpensesAmt0179326
IRS990EZ/TotalRevenueAmt0198809
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://CARECUTSKNOX.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0198664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0115263
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt091940
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0405867
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0144
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0179
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0468
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0144
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0179
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0468
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal509Amt0405867
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0198664
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0115263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt091940
IRS990ScheduleA/Total509Grp/TotalAmt0405867
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0198809
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0115407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt092119
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0406335
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NONCASH CONTRIBUTION: 88,968
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 464 OFFICE 2,394 INSURANCE 1,703 SECURITY 19,413 MISCELLANEOUS 13,469 GAS/PARKING 140 OTHER TAXES & LICENSES 300 TOTAL 37,883
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE FREE HAIRCUTS, GROOMING SERVICES,CLOTHES AND MEALS TO THE LESS FORTUNATE. MORE THAN 3,292 HAIRCUTS HAVE BEEN PROVIDED AND 10,476 MEALS HAVE BEEN SERVED THIS YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY KATHERINE WORMSLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08655993866
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARECUTS INC
ReturnHeader/Filer/BusinessNameControlTxt0CARE
ReturnHeader/Filer/EIN0814462946
ReturnHeader/Filer/PhoneNum08655993866
ReturnHeader/Filer/USAddress/AddressLine1Txt0519 WILLIAMS STREET
ReturnHeader/Filer/USAddress/CityNm0KNOXVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037917
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621719416
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PINKSTAFF SIMPSON & HEADRICK PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08858 CEDAR SPRINGS LANE SUITE 5000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KNOXVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037923
ReturnHeader/PreparerPersonGrp/PhoneNum08656907010
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0K RAY PINKSTAFF
ReturnHeader/ReturnTs02022-05-23T08:12:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARY KATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WORMSLEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,611
Liabilities
-
Net assets
$59,611
Revenue
$198,809
Expenses
$179,326
Net income
$19,483
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$7.07$3.93$3.14
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$2.37$2.14$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.87$1.87$1.59$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.60$0.60$1.99$1.79$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.40$1.15$1.01$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.26$0.92$0.87$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.09$0.08$0.01