Larche-Mobile Inc
- Assets
- $2.7m
- Revenue
- $2.7m
- Investments
- $306.5k
- Employees
- 71
- Location
- Mobile, AL
- Founding
- 02/1975
- Data as of
- 12/2021
- EIN
- 63-0628392
Organization Overview
Larche-Mobile Inc is located in Mobile, AL. The organization was established in 1975. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Larche-Mobile Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larche-Mobile 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 12/2021, Larche-Mobile Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 5.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES HOME-LIKE ENVIRONMENT AND SERVICES FOR PEOPLE WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES HOME-LIKE ENVIRONMENT AND SERVICES FOR PEOPLE WITH INTELLECTUAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin E O'malley Executive Director | Officer | 40 | $76,417 |
Donald C Radcliff Board Member | Trustee | 1 | $0 |
John Hensley Board Member | Trustee | 1 | $0 |
Kelly H Picard President, Board Member | Trustee | 2 | $0 |
Michael Ledet Board Member, Ex-Officio | Trustee | 1 | $0 |
Jo Blount Secretary, Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,000,113 |
| All other contributions, gifts, grants, and similar amounts not included above | $319,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,319,829 |
| Total Program Service Revenue | $314,581 |
| Investment income | $22,229 |
| 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 | $2,739,653 |
| 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. | $76,417 |
| Compensation of current officers, directors, key employees. | $19,104 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,492,655 |
| Pension plan accruals and contributions | $45,668 |
| Other employee benefits | $229,246 |
| Payroll taxes | $108,575 |
| 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 | $32,270 |
| Advertising and promotion | $0 |
| Office expenses | $35,893 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $292,353 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,684 |
| Interest | $1,069 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,993 |
| Insurance | $69,224 |
| All other expenses | $10,391 |
| Total functional expenses | $2,556,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $732,114 |
| Savings and temporary cash investments | $608,460 |
| Pledges and grants receivable | $170,465 |
| Accounts receivable, net | $14,380 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $500 |
| Prepaid expenses and deferred charges | $17,834 |
| Net Land, buildings, and equipment | $857,415 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $306,544 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,707,712 |
| Accounts payable and accrued expenses | $310,419 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,621 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $260,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $581,040 |
| Net assets without donor restrictions | $2,115,155 |
| Net assets with donor restrictions | $11,517 |
| 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 | $2,707,712 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Larche-Mobile Inc has recieved totaling $125,062.
| Awarding Organization | Amount |
|---|---|
Thrush-Thompson Foundation Inc Westfield, IN PURPOSE: UNRESTRICTED | $25,000 |
Hearin-Chandler Foundation Mobile, AL PURPOSE: OPERATING | $25,000 |
Hearin-Chandler Foundation Mobile, AL PURPOSE: OPERATING | $25,000 |
Daniel Foundation Of Alabama Birmingham, AL PURPOSE: CHARITABLE | $20,000 |
Daniel Foundation Of Alabama Birmingham, AL PURPOSE: CHARITABLE | $20,000 |
Hargrove Foundation Mobile, AL PURPOSE: Provide Services | $10,000 |
Endowment Analysis
| Beg. Balance | $101,361 |
| Earnings | $91 |
| Net Contributions | $11,852 |
| Ending Balance | $113,304 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kids Wish Network Inc Palm Harbor, FL | $3,451,102 | $12,542,226 |
Meritan Inc Memphis, TN | $4,688,088 | $16,356,031 |
Sober Living America Inc Woodstock, GA | $3,253,129 | $12,866,607 |
Hilltoppers Inc Crossville, TN | $11,714,552 | $11,864,400 |
Lakeway Center Of The Handicapped Inc Morristown, TN | $5,691,574 | $10,737,798 |
Project Community Connections Inc Snellville, GA | $7,907,860 | $10,954,285 |
Tampa Hillsborough Homeless Initiative Tampa, FL | $4,250,151 | $9,737,223 |
Marion Senior Services Inc Ocala, FL | $7,181,619 | $7,456,492 |
Catholic Charities Of The Diocese Of Memphis Inc Memphis, TN | $2,024,003 | $6,994,059 |
Northwest Tennessee Human Resource Agency Martin, TN | $9,574,650 | $6,316,395 |
Creative Community Services Inc Norcross, GA | $1,958,708 | $6,893,740 |
Friends Of Disabled Adults And Children Too Inc Stone Mountain, GA | $3,731,936 | $6,098,099 |