Caringplace Of The Shoals Inc
- Assets
- $450.1k
- Revenue
- $261.3k
- Investments
- $0.0
- Employees
- 7
- Location
- Florence, AL
- Founding
- 12/2007
- Data as of
- 06/2024
- EIN
- 26-0715442
Organization Overview
Caringplace Of The Shoals Inc, operating under the name Adult Day Care, is located in Florence, AL. The organization was established in 2007. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2024, Adult Day Care employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult Day Care is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Adult Day Care generated $261.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $402.3k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
WICP PROVIDES CARE FOR ELDERS WHO ARE COGNITIVELY IMPARED OR FUNCTIONALLY IMPARED. THE CARE IS PROVIDED IN HALF OR FULL DAY SESSIONS WHILE UNDER THE CARE OF A PROFESSIONAL STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PEOPLE WHO ARE SERVED BY WICP SPEND ENJOYABLE TIME WITH OTHERS DURING HALF OF FULL-DAY SESSIONS WHILE UNDER THE CARE OF A PROFESSIONAL STAFF WHO IS TRAINED AND SKILLED IN GERIATRIC CAR, ALZHEIMERS CARE, AND THERAPEUTIC ACTIVITY PROGRAMMING. WICP CAN PROVIDE REPITE FROM THE FATIGUE AND ISOLATION THAT ACCOMPANIES LONG HOURS, DAY-IN-DAY-OUT IN A HOME SETTING, FOR BOTH THE CAREGIVER AND THE CARE RECIPIENT. WICP FUNCTIONS AS AN INDEPENDENT, NON-PROFIT AGENCY WITH THE OVERSIGHT OF DAILY OPERATIONS AND PROFESSIONAL STAFF CONDUCTED BY A VOLUNTEER BOARD OF DIRECTORS FROM THE SHOALS COMMUNITY. FUNDING COMES IN THE FORM OF CLIENT FEES AND VARIOUS CHARITABLE DONATIONS AND GRANTS. WICP RECEIVES NO FEDERAL FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hester Cope Director | Trustee | 1 | $0 |
Terry Buchanan Director | Trustee | 1 | $0 |
Jaina Glaze Director | Trustee | 1 | $0 |
Betty Muccutchen Director | Trustee | 1 | $0 |
Deloris Hubbert Director | Trustee | 1 | $0 |
Pam Arias Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $392 |
| Related organizations | $0 |
| Government grants | $86,212 |
| All other contributions, gifts, grants, and similar amounts not included above | $115,889 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $202,493 |
| Total Program Service Revenue | $57,434 |
| Investment income | $1,365 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $261,292 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,195 |
| Office expenses | $1,817 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,894 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,809 |
| Insurance | $2,184 |
| All other expenses | $348,485 |
| Total functional expenses | $402,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $192,283 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$106 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $257,892 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $450,069 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,854 |
| Total liabilities | $2,854 |
| Net assets without donor restrictions | $395,383 |
| Net assets with donor restrictions | $51,832 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $450,069 |