Xds Inc
- Assets
- $2.5m
- Revenue
- $805.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Carrboro, NC
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 68-0582042
Organization Overview
Xds Inc is located in Carrboro, NC. The organization was established in 2004. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Xds 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, Xds Inc generated $805.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $159.1k during the year ending 12/2021. While expenses have increased by 2.8% 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
OUR MISSION IS TO SUPPORT INDIVIDUALS LIVING WITH SEVERE MENTAL ILLNESS WITH AN EQUAL OPPORTUNITY TO LIVE LONGER, HEALTHIER, AND MORE SELF-SUFFICIENT LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AN ARRAY OF CLINICALLY APPROPRIATE, PERSON-CENTERED, AND FLEXIBLE TREATMENT, REHABILITATION, AND SUPPORT SERVICE TO PEOPLE WITH MULTIPLE DISABILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Miller Treasurer, Interim Chair | OfficerTrustee | 1 | $0 |
Thava Mahadevan Executive Director | Officer | 10 | $0 |
Madeline Crockett Trustee | Trustee | 1 | $0 |
Roger Gilbert Trustee | Trustee | 1 | $0 |
Carol Vanderzwagg Trustee | Trustee | 1 | $0 |
Hassani Monsanto Trustee | Trustee | 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 | $724,109 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $724,109 |
| Total Program Service Revenue | $81,411 |
| Investment income | $85 |
| 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 | $805,605 |
| 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 | $7,664 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,408 |
| Advertising and promotion | $92 |
| Office expenses | $1,748 |
| Information technology | $301 |
| Royalties | $0 |
| Occupancy | $11,322 |
| Travel | $999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,784 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,862 |
| Insurance | $8,941 |
| All other expenses | $0 |
| Total functional expenses | $159,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,780 |
| Savings and temporary cash investments | $619,696 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,000 |
| 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 | $1,624,507 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,474,983 |
| Accounts payable and accrued expenses | $185,472 |
| Grants payable | $0 |
| Deferred revenue | $265,000 |
| 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 | $267,442 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $45,405 |
| Total liabilities | $763,319 |
| Net assets without donor restrictions | $1,711,664 |
| 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 | $2,474,983 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Xds Inc has recieved totaling $50,023.
| Awarding Organization | Amount |
|---|---|
A J Fletcher Foundation Raleigh, NC PURPOSE: AFFORDABLE HOUSING FOR PEOPLE WITH MENTAL ILLNESS | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cumberland Heights Foundation Inc Nashville, TN | $58,884,301 | $35,779,287 |
Triangle Residential Options For Substance Abusers Inc Durham, NC | $52,469,529 | $30,465,979 |
Teen Challenge Of Florida Inc Columbus, GA | $37,357,779 | $23,684,517 |
Mcleod Addictive Disease Center Inc Charlotte, NC | $7,529,763 | $24,396,806 |
National Association Of Drug Court Professionals Alexandria, VA | $11,083,937 | $20,710,508 |
Buffalo Valley Inc Hohenwald, TN | $23,052,343 | $16,932,314 |
Lifechangers Outreach Kodak, TN | $5,536,063 | $14,743,558 |
Fellowship Hall Inc Greensboro, NC | $18,440,902 | $11,157,073 |
Lexington-Richland Alcohol & Drug Abuse Council Inc Columbia, SC | $18,989,355 | $13,291,435 |
Metro Atlanta Recovery Residences Inc Doraville, GA | $4,791,110 | $9,746,580 |
Charlotte Rescue Mission Charlotte, NC | $19,401,615 | $13,420,315 |
St Judes Recovery Center Inc Atlanta, GA | $11,423,584 | $7,096,838 |