Form 990 for tax year 2023

Filed by CHILDRENS HOMES OF IREDELL COUNTY INC.

Totals

Total revenue: $1,446,620
Total expenses: $1,413,089
Contributions and grants received: $225,777
Grants paid: $0
Program service revenue: $1,202,773
Investment income: $8,731
Other revenue: $9,339
Total assets, end of year: $1,354,792
Total liabilities, end of year: $131,122
Net assets or fund balances, end of year: $1,223,670
Program services expenses (Part IX): $1,158,641
Management and general expenses: $252,090
Fundraising expenses: $2,358
Program service expenses (Part III): $1,158,641

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$225,777
2a · Program service revenue: PROVIDING SHELTER AND CARE

total $1,202,773 · related or exempt $1,202,773
3 · Investment income

total $8,731 · excluded $8,731
11a · Other revenue: OTHER INCOME

total $6,610 · related or exempt $6,610
11b · Other revenue: SALES TAX REFUND

total $2,729 · related or exempt $2,729
11e · Other revenue, total

$9,339

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $783,929 · program services $606,929 · management and general $175,265 · fundraising $1,735
9 · Other employee benefits

total $109,167 · program services $97,643 · management and general $11,063 · fundraising $461
10 · Payroll taxes

total $59,360 · program services $57,606 · management and general $1,719 · fundraising $35
11c · Fees: accounting

total $14,507 · program services $11,611 · management and general $2,896
12 · Advertising and promotion

total $777 · program services $777
13 · Office expenses

total $8,678 · program services $7,907 · management and general $771
14 · Information technology

total $55,981 · program services $51,034 · management and general $4,947
16 · Occupancy

total $104,832 · program services $86,832 · management and general $18,000
17 · Travel

total $26,928 · program services $21,961 · management and general $4,967
22 · Depreciation, depletion and amortization

total $40,198 · program services $38,336 · management and general $1,862
23 · Insurance

total $42,618 · program services $31,373 · management and general $11,245
24a · Other expenses: DIETARY AND FOOD COSTS

total $85,213 · program services $85,213
24b · Other expenses: CHILDREN'S EDUCATION

total $23,064 · program services $23,064
24c · Other expenses: CHILDREN'S PERSONAL AND C

total $22,668 · program services $22,668
24d · Other expenses: EDUCATION AND TRAINING

total $12,703 · program services $3,575 · management and general $9,128
24e · All other expenses

total $22,466 · program services $12,112 · management and general $10,227 · fundraising $127

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $158,983 · end of year $232,032
2 · Savings and temporary cash investments

beginning of year $20,678 · end of year $22,238
10a · Land, buildings and equipment: cost or other basis

$1,501,374
10b · Land, buildings and equipment: accumulated depreciation

$671,712
10c · Land, buildings and equipment, net

beginning of year $869,860 · end of year $829,662
11 · Investments: publicly traded securities

beginning of year $245,219 · end of year $266,585
15 · Other assets

beginning of year $29,439 · end of year $4,275
17 · Accounts payable and accrued expenses

beginning of year $333 · end of year $351
23 · Secured mortgages and notes payable

beginning of year $146,474 · end of year $130,771
27 · Net assets without donor restrictions

beginning of year $1,177,372 · end of year $1,223,670

Mission and programs · 2023

Mission

TO PROVIDE HOUSING AND CARE FOR CHILDREN WHO HAVE BEEN NEGLECTED, ABUSED, OR ABANDONED BY THEIR CAREGIVERS.

Activities or mission (Part I)

TO PROVIDE HOUSING AND CARE FOR CHILDREN WHO HAVE BEEN NEGLECTED, ABUSED OR ABANDONDED BY THEIR CAREGIVERS.

CHILDREN'S HOMES OF IREDELL COUNTY, INC. WAS ESTABLISHED TO PROVIDE TEMPORARY SHELTER AND CARE TO THE DEPENDENT AND NEGLECTED CHILDREN OF IREDELL COUNTY AND ITS SURROUNDING COUNTIES.

Expenses $1,154,276
CHILDREN'S HOMES OF IREDELL COUNTY, INC. WAS ESTABLISHED TO PROVIDE TEMPORARY SHELTER AND CARE TO THE DEPENDENT AND NEGLECTED CHILDREN OF IREDELL COUNTY AND ITS SURROUNDING COUNTIES.

Expenses $4,365

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Mark ArielMARK ARIEL

BOARD TREASU

Total calculated

$0
Christian KiechelCHRISTIAN KIECHEL

BOARD ATTORN

Total calculated

$0
Don KoepnickDON KOEPNICK

TREASURER

Total calculated

$0
Jim StaplesJIM STAPLES

SECRETARY

Total calculated

$0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 25 March 2025
IRS schema version: 2023v6.0
Source object: 202500879349300525

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