Adult Residential Care Services Inc is located in Prescott, AZ. The organization was established in 1997. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, 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. Adult Residential Care Services 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, Adult Residential Care Services Inc generated $3.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $3.1m during the year ending 06/2023. While expenses have increased by 2.6% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RESIDENTIAL ALZHEIMERS AND DEMENTIA CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CARE FOR CLIENTS WITH ALZHEIMERS AND OTHER DEMENTIAS IN A RESIDENTIAL SETTING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yvonne Napolitano President & Ed | Officer | 10 | $0 |
Lisa Reyes Board Member | Trustee | 0.5 | $0 |
Michael Bacci Board Member | Trustee | 0.5 | $0 |
Bob Beyea Board Member | Trustee | 0.5 | $0 |
Michael White Vice Chair | OfficerTrustee | 0.5 | $0 |
Lynn Harris Chair | OfficerTrustee | 0.5 | $0 |
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 | $31,902 |
Noncash contributions included in lines 1a–1f | $550 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,902 |
Total Program Service Revenue | $2,958,513 |
Investment income | $8,587 |
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 | $3,003,180 |
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 | $1,813,001 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $190,325 |
Payroll taxes | $137,901 |
Fees for services: Management | $157,435 |
Fees for services: Legal | $2,975 |
Fees for services: Accounting | $6,800 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,416 |
Advertising and promotion | $17,108 |
Office expenses | $0 |
Information technology | $2,508 |
Royalties | $0 |
Occupancy | $0 |
Travel | $556 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,217 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $195,140 |
Insurance | $54,739 |
All other expenses | $28,130 |
Total functional expenses | $3,059,523 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $148,598 |
Savings and temporary cash investments | $33,957 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,282 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,021 |
Prepaid expenses and deferred charges | $2,344 |
Net Land, buildings, and equipment | $2,086,951 |
Investments—publicly traded securities | $280,766 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,565,919 |
Accounts payable and accrued expenses | $76,122 |
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 | $599,798 |
Total liabilities | $675,920 |
Net assets without donor restrictions | $1,835,229 |
Net assets with donor restrictions | $54,770 |
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 | $2,565,919 |