Change Inc
- Assets
- $0.0
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 205
- Location
- Westminster, MD
- Founding
- 03/1970
- Data as of
- 12/2019
- EIN
- 52-0888824
Organization Overview
Change Inc is located in Westminster, MD. The organization was established in 1970. According to its NTEE Classification (P71) the organization is classified as: Adult Day Care, under the broad grouping of Human Services and related organizations. As of 12/2019, Change Inc employed 205 individuals. Change 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 12/2019, Change Inc generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $2.5m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
CHANGE, INC. PARTNERS WITH AND SUPPORTS INDIVIDUALS WITH DISABILITIES TO ACHIEVE COMMUNITY INTEGRATION AND INDEPENDENCE THROUGH PERSONAL CHOICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES TO MAINTAIN AND INCREASE THEIR LEVEL OF INDEPENDENCE. TRAINING AND PERSONAL CARE IS PROVIDED IN ACCORDANCE WITH THE NEEDS OF EACH PERSON. CLIENTS SERVED FROM JULY 1, 2019 - DECEMBER 31, 2019 TOTALED 135.
PROVIDED LEVELS OF SUPPORT RANGING FROM DROP-IN SUPERVISION ON A DAILY BASIS TO 24-HOUR IN-HOME SUPPORT AND CARE. ALSO INCLUDES PERSONAL CARE, CASE MANAGEMENT, AND OTHER SUPPORT FOR FAMILIES AND INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. CLIENTS SERVED FROM JULY 1, 2019 - DECEMBER 31, 2019 TOTALED 47.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Shriver CEO | Officer | 45 | $154,808 |
Jodi W Jones CPA Director Of | Officer | 45 | $80,144 |
William Yanavitch II Vice Chair | OfficerTrustee | 2 | $0 |
Paul Shifrin Treasurer | OfficerTrustee | 2 | $0 |
Kristine Crosswhite Secretary | OfficerTrustee | 2 | $0 |
Douglas Rein Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $181,526 |
| All other contributions, gifts, grants, and similar amounts not included above | $238,328 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $419,854 |
| Total Program Service Revenue | $2,056,780 |
| Investment income | $24,327 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $375 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,506,896 |
| 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. | $140,704 |
| Compensation of current officers, directors, key employees. | $124,037 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,505,011 |
| Pension plan accruals and contributions | $16,790 |
| Other employee benefits | $224,568 |
| Payroll taxes | $126,033 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,185 |
| Fees for services: Accounting | $19,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,463 |
| Advertising and promotion | $0 |
| Office expenses | $39,313 |
| Information technology | $25,603 |
| Royalties | $0 |
| Occupancy | $28,360 |
| Travel | $4,296 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $312 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $104,970 |
| Insurance | $11,057 |
| All other expenses | $14,570 |
| Total functional expenses | $2,537,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Change Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Maryland Works Inc Columbia, MD | | $10,000 |
Endowment Analysis
| Beg. Balance | $1,199,731 |
| Earnings | $81,242 |
| Net Contributions | $50,000 |
| Other Expense | $1,330,973 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spring Dell Center Inc La Plata, MD | $13,521,102 | $9,360,285 |
Caroline Center Inc Ridgley, MD | $3,980,992 | $6,966,816 |
Clinton County Community Connections Inc Lock Haven, PA | $9,249,776 | $6,578,662 |
Change Inc Westminster, MD | $0 | $2,506,896 |
Circle Center Adult Day Services Richmond, VA | $3,477,648 | $1,159,129 |
Shalom Farms Richmond, VA | $1,427,552 | $1,396,079 |
Adult Care Center Of Roanoke Valley Inc Salem, VA | $1,151,650 | $903,901 |
Lancaster Generations Inc Lancaster, PA | $15,752 | $60,207 |
M E Cox Center For The Elder Day Care Norfolk, VA | $271,736 | $0 |
Centers For Handicapped Foundation Silver Spring, MD | $33,051 | $0 |