Lutheran Family Services In The Carolinas Inc
- Assets
- $8.1m
- Revenue
- $24.1m
- Investments
- $0.0
- Employees
- 335
- Location
- Salisbury, NC
- Founding
- 08/1963
- Data as of
- 09/2021
- EIN
- 56-1286323
Organization Overview
Lutheran Family Services In The Carolinas Inc is located in Salisbury, NC. The organization was established in 1963. According to its NTEE Classification (P40) the organization is classified as: Family Services, under the broad grouping of Human Services and related organizations. As of 09/2021, Lutheran Family Services In The Carolinas Inc employed 335 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lutheran Family Services In The Carolinas Inc 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 09/2021, Lutheran Family Services In The Carolinas Inc generated $24.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $23.7m during the year ending 09/2021. While expenses have increased by 4.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMPOWERED BY CHRIST, WE WALK TOGETHER WITH ALL WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LFS OFFERS FAMILY AND THERAPEUTIC FOSTER CARE TO MEET THE SPECIAL PHYSICAL AND EMOTIONAL NEEDS OF THE VULNERABLE CHILDREN IN OUR CARE SOME CHILDREN SUFFER FROM MEDICAL PROBLEMS SUCH AS FETAL ALCOHOL SYNDROME AND DRUG ADDICTION. OLDER CHILDREN CAN HAVE EMOTIONAL AND BEHAVIORAL ISSUES AND ARE GIVEN COUNSELING WHEN NEEDED. MANY FAMILIES WILL HAVE THE OPPORTUNITY TO ADOPT WHEN REUNIFICATION WITH A CHILD'S BIOLOGICAL FAMILY IS NOT POSSIBLE. FINDING PERMANENT, SAFE, AND SUPPORTIVE FAMILIES FOR CHILDREN IS THE GOAL OF LFS FOSTER CARE.
LFS PROVIDES RESIDENTIAL SERVICES FOR ADULTS COPING WITH VARIOUS DEGREES OF AUTISM, DEVELOPMENTAL DISABILITY, MENTAL ILLNESS, AND SYMPTOMS RESULTING FROM TRAUMATIC BRAIN INJURY. SELF-SUFFICIENCY IS TAUGHT AND ENCOURAGED IN THESE HOMES, THOUGH MANY CLIENTS WILL LIFE OUT THEIR LIVES WITH LFS.
OTHER PROGRAM SERVICES INCLUDE ADOPTION, COUNSELING, REFUGEE, COMMUNITY - BASED PARTNERSHIP INITIATIVES AND DISASTER RESPONSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arlene Miller Physician | 40 | $118,223 | |
Ted Goins President/ceo | OfficerTrustee | 1 | $0 |
Kirby Nickerson Chief Financial Officer | Officer | 1 | $0 |
Karen Maddry Executive Assistant | Officer | 1 | $0 |
Myra Griffie Chief Operating Officer | Officer | 1 | $0 |
Shanitria Cuthbertson Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pylon Inc Building Rental | 9/29/16 | $143,433 |
United Heartland Insurance Service | 9/29/16 | $136,902 |
Xerox Printing Service | 9/29/16 | $128,854 |
Enterprise Fm Trust Car Rental Service | 9/29/16 | $121,846 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,124,281 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,928,057 |
| Noncash contributions included in lines 1a–1f | $1,078,700 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,052,338 |
| Total Program Service Revenue | $18,545,351 |
| Investment income | $8,260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,228 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,137,672 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,811,311 |
| 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 | $9,544,259 |
| Pension plan accruals and contributions | $77,187 |
| Other employee benefits | $1,084,172 |
| Payroll taxes | $748,377 |
| Fees for services: Management | $2,303,009 |
| Fees for services: Legal | $12,271 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $400 |
| Fees for services: Other | $1,394,369 |
| Advertising and promotion | $31,157 |
| Office expenses | $961,497 |
| Information technology | $10,842 |
| Royalties | $0 |
| Occupancy | $570,520 |
| Travel | $397,151 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,834 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $143,385 |
| Insurance | $263,627 |
| All other expenses | $12,430 |
| Total functional expenses | $23,744,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,811,040 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $558,885 |
| Accounts receivable, net | $2,755,420 |
| 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 | $153,484 |
| Net Land, buildings, and equipment | $411,607 |
| Investments—publicly traded securities | $454,061 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,144,497 |
| Accounts payable and accrued expenses | $5,933,330 |
| Grants payable | $0 |
| Deferred revenue | $119,460 |
| 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 | $3,525,560 |
| Total liabilities | $9,578,350 |
| Net assets without donor restrictions | -$3,333,538 |
| Net assets with donor restrictions | $1,899,685 |
| 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 | $8,144,497 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Lutheran Family Services In The Carolinas Inc has recieved totaling $3,271,009.
| Awarding Organization | Amount |
|---|---|
Lutheran Immigration And Refugee Service Baltimore, MD PURPOSE: CHILDREN SERVICES | $2,821,863 |
Dogwood Health Trust Asheville, NC PURPOSE: TRANSITIONAL LIVING PROGRAM | $200,000 |
Childrens Trust Fund Of South Carolina Columbia, SC PURPOSE: STRENGTHENING FAMILIES PROGRAM | $166,454 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: ADOPTION SUPPORT | $32,355 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $12,280 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 3 GRANT(S) FOR VARYING PURPOSES | $10,100 |
Endowment Analysis
| Beg. Balance | $379,808 |
| Ending Balance | $379,808 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Family Services Of Virginia Inc Roanoke, VA | $21,862,417 | $39,175,791 |
Lutheran Family Services In The Carolinas Inc Salisbury, NC | $8,144,497 | $24,137,672 |
Jewish Family & Career Services Inc Atlanta, GA | $12,287,389 | $17,564,180 |
Clayton County Community Services Authority Inc Forest Park, GA | $3,675,143 | $13,405,367 |
Family Resource Agency Inc Cleveland, TN | $1,737,951 | $12,329,517 |
Agape Child And Family Services Inc Memphis, TN | $4,822,758 | $10,716,983 |
Family Service Of The Piedmont Inc Jamestown, NC | $2,937,225 | $9,785,018 |
Murphy-Harpst Childrens Centers Inc Cedartown, GA | $8,054,234 | $10,353,326 |
Family And Childrens Service Nashville, TN | $12,864,767 | $8,385,396 |
Safe Alliance Inc Charlotte, NC | $10,001,861 | $8,368,823 |
Families First Inc Atlanta, GA | $16,902,074 | $9,104,630 |
Herndon-Reston Fish Inc Herndon, VA | $999,308 | $5,421,619 |