Childrens Home Of Lubbock And Family Service Agency Inc
- Assets
- $5.6m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 118
- Location
- Lubbock, TX
- Founding
- 04/1972
- Data as of
- 01/2024
- 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 01/2024, Children's Home Of Lubbock employed 118 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 01/2024, Children's Home Of Lubbock generated $5.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $6.6m during the year ending 01/2024. 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
2024
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 1/31/2024 WE HAD AN AVERAGE OF 100 BOYS AND GIRLS IN CARE IN THE VARIOUS PROGRAMS OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Moore CEO | Officer | 50 | $156,069 |
Vickie Russell VP Of Children | Officer | 40 | $111,601 |
Lisa John Chief Financial Officer | Officer | 40 | $95,297 |
Gloria Gonzales Chairman | OfficerTrustee | 1 | $0 |
Lynn Akin Vice Chairman | OfficerTrustee | 2 | $0 |
Rudy Reyes Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jeffery E Cunningham & Associates Llc Employee Retention Tax Credit Consulting | 1/30/23 | $157,500 |
Mandry Technology Solutions Llc It Services | 1/30/23 | $157,102 |
Gary Edwards Kitchen/bath Remodeling | 1/30/23 | $107,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $138,547 |
| Related organizations | $890,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,324,039 |
| Noncash contributions included in lines 1a–1f | $92,888 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,352,586 |
| Total Program Service Revenue | $2,248,435 |
| Investment income | $42,274 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $38,316 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$877 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,680,734 |
| 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. | $417,113 |
| Compensation of current officers, directors, key employees. | $66,998 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,123,808 |
| Pension plan accruals and contributions | $86,110 |
| Other employee benefits | $449,322 |
| Payroll taxes | $232,618 |
| 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 | $73,617 |
| Advertising and promotion | $63,218 |
| Office expenses | $145,931 |
| Information technology | $221,661 |
| Royalties | $0 |
| Occupancy | $305,295 |
| Travel | $245,603 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,473 |
| Interest | $17,027 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $283,969 |
| Insurance | $267,359 |
| All other expenses | $197,471 |
| Total functional expenses | $6,640,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,055,621 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $211,605 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $738 |
| Prepaid expenses and deferred charges | $40,529 |
| Net Land, buildings, and equipment | $3,613,767 |
| Investments—publicly traded securities | $442,269 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $190,030 |
| Total assets | $5,554,559 |
| Accounts payable and accrued expenses | $129,121 |
| 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 | $342,464 |
| Total liabilities | $471,585 |
| Net assets without donor restrictions | $4,541,092 |
| Net assets with donor restrictions | $541,882 |
| 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 | $5,554,559 |