Civic Intelligence

Carecuts Inc.

990EZ • Fiscal year 2022 • EIN 81-4462946

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 27, 2023

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

65th percentile

15%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-6.1%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$87,177

Up $27,566 (+46%) from 2021

Net Assets

Up

$87,177

Up $27,566 (+46%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin65th percentile

Revenue

Down

$186,629

Down $12,180 (-6.1%) from 2021

Expenses

Down

$159,063

Down $20,263 (-11%) from 2021

Net Income

Up

$27,566

Up $8,083 (+41%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth83rd 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

2022

Assets$87,177
Liabilities-
Net Assets$87,177
Open 2022 Filing

Operations Trend

Revenue Growth35th 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

2022

Revenue$186,629
Expenses$159,063
Net Income$27,566
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 27, 2023
Return Version
2022v5.0
Gross Receipts
$186,629
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 1,200 HAIRCUTS HAVE BEEN PROVIDED AND 12,000 MEALS HAVE BEEN SERVED THIS YEAR.$70,669$159,063
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PEGGY TROUTTTreasurerPT$0--
KACHELLE STIEGERWALDSecretary-$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
2023-04-27
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: 70,669 description of property: meals, etc”

Form 990-ez, Part I, Line 16

“Expenses advertising 199 office 5,024 insurance 1,468 security 16,955 other taxes & licenses 20 travel 90 supplies & materials 20,168 total 43,924”

Form 990-ez, Part III, Line 28

“Provide free haircuts, grooming services,clothes and meals to the less fortunate. More than 1,200 haircuts have been provided and 12,000 meals have been served this year.”

Raw XML Appendix152 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/BooksInCareOfDetail/PersonNm0PEGGY TROUTT
IRS990EZ/BooksInCareOfDetail/PhoneNum08655993866
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0519 WILLIAMS STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KNOXVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037917
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt059611
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087177
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0186467
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt027566
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt059611
IRS990EZ/Form990TotalAssetsGrp/EOYAmt087177
IRS990EZ/GrantsAndSimilarAmountsPaidAmt070669
IRS990EZ/GrossReceiptsAmt0186629
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0162
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt059611
IRS990EZ/NetAssetsOrFundBalancesEOYAmt087177
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt059611
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt087177
IRS990EZ/OccupancyRentUtltsAndMaintAmt044458
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PEGGY TROUTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KACHELLE STIEGERWALD
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/OtherExpensesTotalAmt043924
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 1,200 HAIRCUTS HAVE BEEN PROVIDED AND 12,000 MEALS HAVE BEEN SERVED THIS YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt070669
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0159063
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0159063
IRS990EZ/TotalProgramServiceExpensesAmt0159063
IRS990EZ/TotalRevenueAmt0186629
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://CARECUTSKNOX.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0186467
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0198664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0115263
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt091940
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0592334
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0162
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0144
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0179
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0630
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0162
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0144
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0179
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0630
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99890
IRS990ScheduleA/PublicSupportPY509Pct00.99880
IRS990ScheduleA/PublicSupportTotal509Amt0592334
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0186467
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0198664
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0115263
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt091940
IRS990ScheduleA/Total509Grp/TotalAmt0592334
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0186629
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0198809
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0115407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt092119
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0592964
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: 70,669 DESCRIPTION OF PROPERTY: MEALS, ETC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 199 OFFICE 5,024 INSURANCE 1,468 SECURITY 16,955 OTHER TAXES & LICENSES 20 TRAVEL 90 SUPPLIES & MATERIALS 20,168 TOTAL 43,924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE FREE HAIRCUTS, GROOMING SERVICES,CLOTHES AND MEALS TO THE LESS FORTUNATE. MORE THAN 1,200 HAIRCUTS HAVE BEEN PROVIDED AND 12,000 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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY KATHERINE WORMSLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08655993866
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-27
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/IRSResponsiblePrtyInfoCurrInd0false
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/PreparationDt02023-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0K RAY PINKSTAFF
ReturnHeader/ReturnTs02023-05-10T07:51:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARY KATHERINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WORMSLEY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,177
Liabilities
-
Net assets
$87,177
Revenue
$186,629
Expenses
$159,063
Net income
$27,566
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