Roswell Adult Center Foundation Inc
- Assets
- $672.6k
- Revenue
- $24.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Roswell, NM
- Founding
- 03/1984
- Data as of
- 06/2023
- EIN
- 85-0315316
Organization Overview
Roswell Adult Center Foundation Inc is located in Roswell, NM. The organization was established in 1984. According to its NTEE Classification (P71) the organization is classified as: Adult Day Care, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roswell Adult Center Foundation 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 06/2023, Roswell Adult Center Foundation Inc generated $24.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $1.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (31.1%) per year over the past 4 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LAPIDARY, BILLIARDS, AND ART STUDIO, AND OTHER ACTIVITIES FOR ADULTSPRIMARILY SENIORS. APPROXIMATELY 10-12 ADULTS SERVED DAILY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAPIDARY, BILLIARDS, AND ART STUDIO, AND OTHER ACTIVITIES FOR ADULTS PRIMARILY SENIORS APRROXIMATELY 10-12 ADULTS SERVED DAILY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn S Mitchell Pres | OfficerTrustee | 1 | $0 |
Larry Mccreary V-Pres | OfficerTrustee | 1 | $0 |
Alexis Swoboda Treas | OfficerTrustee | 1 | $0 |
Jana Burch Dir | OfficerTrustee | 1 | $0 |
Emma Arzola Sec | Trustee | 1 | $0 |
Jerry Dutchover Dir | 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 | $150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $150 |
| Total Program Service Revenue | $0 |
| Investment income | $24,165 |
| 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 | $24,315 |
| 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 | $1,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $176 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,010 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $51,937 |
| Investments—publicly traded securities | $486,640 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $672,587 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $672,587 |
| 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 | $672,587 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cornucopia Adult & Family Services Albuquerque, NM | $2,062,929 | $4,652,166 |
Daily Living Centers Inc Bethany, OK | $6,505,305 | $2,815,598 |
Share Your Care Inc Albuquerque, NM | $625,991 | $1,591,883 |
Friendship House Midland, TX | $296,524 | $436,890 |
Golden Villa Center Inc Ponca City, OK | $423,791 | $197,734 |
Friends Of The San Antonio Public Library Inc San Antonio, TX | $276,814 | $0 |
Affectionate Arms Victoria, TX | $74,695 | $136,567 |
Charles M Maclean Foundation Dallas, TX | $1,893,874 | $63,060 |
Lighthouse Adult Care Services Tooele, UT | $14,806 | $0 |
Journey Together Activity Center Houston, TX | $0 | $0 |
Roswell Adult Center Foundation Inc Roswell, NM | $672,587 | $24,315 |