Childrens Home Of Lubbock And Family Service Agency Inc
- Assets
- $4.8m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 149
- Location
- Lubbock, TX
- Founding
- 04/1972
- Data as of
- 01/2022
- EIN
- 75-1037480
Organization Overview
Childrens Home Of Lubbock And Family Service Agency Inc, operating under the name The Children's Home Of Lubbock, is located in Lubbock, TX. The organization was established in 1972. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 01/2022, Children's Home Of Lubbock employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's Home Of Lubbock 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 01/2022, Children's Home Of Lubbock generated $7.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $6.6m during the year ending 01/2022. While expenses have increased by 1.5% 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
WORKING IN CREATIVE COLLABORATION TO PROVIDE QUALITY CARE THAT TRANSFORMS THE LIVES OF AT-RISK CHILDREN AND THEIR FAMILIES THROUGH THE ACTIVE COMPASSION OF CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SHELTER AND CARE AS WELL AS MEET THE EMOTIONAL AND PHYSICAL NEEDS OF ORPHANS AND DISADVANTAGED CHILDREN. DURING THE FISCAL YEAR END OF 1/31/2022 WE HAD AN AVERAGE OF 100 BOYS AND GIRLS IN CARE IN THE VARIOUS PROGRAMS OF THE ORGANIZATION.
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 |
|---|---|---|---|
Jimmy Moore President | Officer | 50 | $145,471 |
Vickie Russell Vice President Of Children | Officer | 40 | $104,638 |
Brooks Loveless Controller | Officer | 40 | $93,646 |
Chris Chisholm Executive VP Of Operations | Officer | 40 | $83,065 |
Lisa John Chief Financial Officer | Officer | 40 | $44,178 |
Gloria Gonzales Chairman | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $177,430 |
| Related organizations | $835,000 |
| Government grants | $850,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,076,900 |
| Noncash contributions included in lines 1a–1f | $174,182 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,939,330 |
| Total Program Service Revenue | $2,756,171 |
| Investment income | $10,011 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $32,391 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,711 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,779,614 |
| 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. | $532,596 |
| Compensation of current officers, directors, key employees. | $86,546 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,004,060 |
| Pension plan accruals and contributions | $68,566 |
| Other employee benefits | $402,524 |
| Payroll taxes | $232,775 |
| 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 | $80,168 |
| Advertising and promotion | $24,719 |
| Office expenses | $150,268 |
| Information technology | $185,293 |
| Royalties | $0 |
| Occupancy | $280,234 |
| Travel | $190,291 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,616 |
| Interest | $17,672 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $331,238 |
| Insurance | $217,147 |
| All other expenses | $470,799 |
| Total functional expenses | $6,609,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $683,828 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $233,779 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,300 |
| Prepaid expenses and deferred charges | $41,848 |
| Net Land, buildings, and equipment | $3,620,541 |
| Investments—publicly traded securities | $225,562 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,806,858 |
| Accounts payable and accrued expenses | $140,579 |
| 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 | $197,490 |
| Total liabilities | $338,069 |
| Net assets without donor restrictions | $4,402,578 |
| Net assets with donor restrictions | $66,211 |
| 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 | $4,806,858 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Childrens Home Of Lubbock And Family Service Agency Inc has recieved totaling $261,272.
| Awarding Organization | Amount |
|---|---|
Texas Center For Child And Family Studies Austin, TX PURPOSE: PROVIDE ASSISTANCE FOR ADDITIONAL EXPENDITURES RELATED TO COVID-19 VIRUS. | $214,422 |
Herbalife Nutrtion Foundation Los Angeles, CA PURPOSE: NUTRITION | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $16,850 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |
Endowment Analysis
| Beg. Balance | $13,810,042 |
| Net Contributions | $500,592 |
| Ending Balance | $14,310,634 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marbridge Foundation Inc Manchaca, TX | $30,327,535 | $20,296,302 |
Central State Community Services Oklahoma Inc Tulsa, OK | $7,573,561 | $18,181,483 |
Holy Angels Residential Facility Shreveport, LA | $10,678,047 | $18,384,727 |
Hill Country Youth Ranch Ingram, TX | $62,476,710 | $17,017,718 |
Roy Maas Youth Alternatives Inc San Antonio, TX | $5,243,820 | $14,223,910 |
Oklahoma Baptist Homes For Children Inc Oklahoma City, OK | $118,462,947 | $17,899,757 |
Evergreen Presbyterian Ministries Of Texas Inc Haughton, LA | $7,845,590 | $11,531,814 |
Independent Living Services Inc Conway, AR | $17,341,970 | $13,877,516 |
Helping Hand Home For Children Austin, TX | $22,485,765 | $11,747,778 |
Think Ability Inc Duncan, OK | $6,836,025 | $8,921,132 |
Tulsa Boys Home Tulsa, OK | $31,491,563 | $7,908,546 |
Vita Living Inc Houston, TX | $3,902,030 | $8,421,114 |