Abundant Living Adult Day Services Inc
- Assets
- $366.6k
- Revenue
- $428.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Salisbury, NC
- Founding
- 04/1987
- Data as of
- 09/2023
- EIN
- 56-1884652
Organization Overview
Abundant Living Adult Day Services Inc, operating under the name Trinity Living Center, is located in Salisbury, NC. The organization was established in 1987. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 09/2023, Trinity Living Center employed 8 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Trinity Living Center 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 09/2023, Trinity Living Center generated $428.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $486.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 8 years. 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
2023
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
ABUNDANT LIVING ADULT DAY SERVICES, INC (ALADS) ENABLES SENIORS AND ADULTS WITH DISABILITIES TO REMAIN AT HOME AND IN THE COMMUNITY THROUGH THE USE OF SUPPORTIVE SERVICES. PARTICIPANTS RECEIVE HEALTHCARE DURING THE DAY, WHILE CAREGIVERS ARE AT WORK OR AT REST. PROGRAM ATTENDANCE ENRICHES THE LIVES OF OLDER ADULTS BY PREVENTING THE SOCIAL ISOLATION THAT SOMETIMES RESULTS FROM AGE, INFIRMITY OR GEOGRAPHY. PARTICIPATION ALLEVIATES LONELINESS AND ISOLATION WHILE PROMOTING HEALTH, WELLNESS, AND GOOD NUTRITION. PURPOSEFUL ACTIVITY FILLS HANDS AND MINDS IDLED BY POOR HEALTH AND BOREDOM.PLEASE SEE SCHEDULE O FOR A CONTINUATION OF PROGRAM SERVICE ACCOMPLISHMENTS.DAY CARE ALSO PROVIDES FAMILIES WITH OPPORTUNITIES FOR A BREAK FROM CAREGIVING RESPONSIBILITIES; FAMILY MEMBERS CAN WORK OR REST WHILE LOVED ONES RECEIVE CARE AND ATTENTION IN A SAFE AND SUPPORTIVE SETTING.A REGISTERED NURSE, CERTIFIED NURSING ASSISTANTS, AND ACTIVITY PERSONNEL OFFER MEDICAL MONITORING, ASSISTANCE WITH PERSONAL CARE, AND PURPOSEFUL ACTIVITY IN A SAFE, SECURE, AND SUPPORTIVE ENVIRONMENT. PEOPLE WITH ALZHEIMER'S AND OTHER TYPES OF DEMENTIA ARE SERVED.CERTIFIED BY THE DEPARTMENT OF HEALTH AND HUMAN DIVISION OF AGING, ABUNDANT LIVING ADULT DAY SERVICES, INC. IS A UNITED WAY AGENCY. DURING THE YEAR ENDED SEPTEMBER 30, 2023, ALADS PROVIDED 5,360 DAYS OF CARE TO 70 RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Goins Ceo/president | OfficerTrustee | 1 | $0 |
Gregory Hudgins Chair | Trustee | 1 | $0 |
Cary M Grant Vice Chair | Trustee | 1 | $0 |
Karen Maddry Secretary | Officer | 1 | $0 |
Kirby Nickerson Chief Financial Officer | Officer | 1 | $0 |
Kesha Smith Chief Operating Officer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,759 |
| Noncash contributions included in lines 1a–1f | $17,174 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,759 |
| Total Program Service Revenue | $382,773 |
| Investment income | $6,211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $63 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $428,528 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $50 |
| 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 | $265,171 |
| Pension plan accruals and contributions | $3,452 |
| Other employee benefits | $35,085 |
| Payroll taxes | $20,335 |
| Fees for services: Management | $19,201 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $388 |
| Fees for services: Other | $4,394 |
| Advertising and promotion | $2,839 |
| Office expenses | $36,495 |
| Information technology | $22 |
| Royalties | $0 |
| Occupancy | $43,234 |
| Travel | $929 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $382 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,570 |
| Insurance | $2,752 |
| All other expenses | $0 |
| Total functional expenses | $486,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,463 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $110,834 |
| 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 | $519 |
| Net Land, buildings, and equipment | $47,666 |
| Investments—publicly traded securities | $173,151 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $366,633 |
| Accounts payable and accrued expenses | $22,530 |
| Grants payable | $0 |
| Deferred revenue | $3,333 |
| 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 | $31,204 |
| Total liabilities | $57,067 |
| Net assets without donor restrictions | $282,318 |
| Net assets with donor restrictions | $27,248 |
| 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 | $366,633 |