Caring Services Inc
- Assets
- $1.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 20
- Location
- High Point, NC
- Founding
- 09/1995
- Data as of
- 06/2022
- EIN
- 58-2181296
Organization Overview
Caring Services Inc is located in High Point, NC. The organization was established in 1995. As of 06/2022, Caring Services Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caring Services 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 06/2022, Caring Services Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LICENSED MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES AND SUPERVISED LIVING FACILITIES FOR THOSE SEEKING RECOVERY FROM SUBSTANCE USE DISORDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED LICENSED MENTAL HEALTH AND SUBSTANCE ABUSE SERVICES AS WELL AS SUPERVISED LIVING FACILITIES FOR THOSE SEEKING RECOVERY FROM SUBSTANCE USE DISORDERS. SERVICES INCLUDE EMERGENCY FOOD, CLOTHING, COUNSELING, HOUSING, AND REFERRALS FOR MEDICAL AND EMPLOYMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sallie Kelton President | OfficerTrustee | $0 | |
Arnie Thompson Treasurer | OfficerTrustee | $0 | |
Rebecca Yates Executive Di | Officer | $0 | |
Whitney Carroll Board Member | Trustee | $0 | |
Tonia Cutchin Board Member | Trustee | $0 | |
Glenda Davis Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $373,388 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,888 |
| Noncash contributions included in lines 1a–1f | $97,475 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $521,276 |
| Total Program Service Revenue | $890,533 |
| Investment income | $9 |
| 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 | $1,411,818 |
| 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 | $661,244 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $51,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,830 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,150 |
| Advertising and promotion | $0 |
| Office expenses | $46,376 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $137,321 |
| Travel | $1,017 |
| 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 | $67,509 |
| Insurance | $50,864 |
| All other expenses | $9,514 |
| Total functional expenses | $1,269,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,685 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,928 |
| 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 | $4,889 |
| Net Land, buildings, and equipment | $1,248,412 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,536,914 |
| Accounts payable and accrued expenses | $10,700 |
| 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 | $0 |
| Total liabilities | $10,700 |
| Net assets without donor restrictions | $1,526,214 |
| Net assets with donor restrictions | $0 |
| 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 | $1,536,914 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Caring Services Inc has recieved totaling $125,652.
| Awarding Organization | Amount |
|---|---|
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC PURPOSE: FEEDING THE POOR AND | $125,652 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caring Services Inc High Point, NC | $1,536,914 | $1,411,818 |
Cherokee Childrens Home Inc Gaffney, SC | $3,365,795 | $820,057 |
Wilkes Senior Resources North Wilkesboro, NC | $440,210 | $542,827 |
H O P E Through Divine Intervention Atlanta, GA | $3,258,168 | $500,628 |
Damascus Road Inc Paris, TN | $232,185 | $300,851 |
New Beginnings Hickory Hickory, NC | $217,259 | $330,749 |
Gastonia Potters House Inc Lowell, NC | $292,348 | $235,843 |
Shelter Ministries Of Rowan County Salisbury, NC | $5,848,562 | $432,577 |
My Fathers Choice Inc Charlotte, NC | $160,108 | $298,598 |
Open Door Community Center Washington, NC | $271,772 | $139,573 |
Overcoming Challenges Lawrenceville, GA | $39,361 | $0 |
Hope Springs Eternal Inc Bryson City, NC | $9,894 | $0 |