The Arc Davidson County Inc
- Assets
- $3.3m
- Revenue
- $2.1m
- Investments
- $1.4m
- Employees
- 59
- Location
- Lexington, NC
- Founding
- 04/1982
- Data as of
- 06/2021
- EIN
- 56-1252153
Organization Overview
The Arc Davidson County Inc is located in Lexington, NC. The organization was established in 1982. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Arc Davidson County Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Davidson County 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 06/2021, Arc Davidson County Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 8.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOUSING FOR DEVELOPMENTALLY DISABLED ADULTS. ALSO TO DEVELOP AND PROVIDE EDUCATIONAL AND RECREATIONAL PROGRAMS TO CHILDREN AND ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HOUSING, EDUCATIONAL AND RECREATIONAL PROGRAMS FOR DEVELOPMENTALLY DISABLED ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Mckeon Executive Director | Officer | 40 | $68,102 |
Will Miller Treasurer | Officer | 1 | $0 |
Kelly Young President | Officer | 1 | $0 |
Courtney Crowson Vice-President | Officer | 1 | $0 |
Tonya Lanier Board Member | Trustee | 1 | $0 |
Regan Trechler Abele Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,724,897 |
| Investment income | $55,811 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $977 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,108,886 |
| Statement of Expenses | |
|---|---|
| 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. | $68,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $988,994 |
| Pension plan accruals and contributions | $10,000 |
| Other employee benefits | $81,805 |
| Payroll taxes | $83,384 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,242 |
| 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 | $8,297 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,527 |
| Travel | $43,176 |
| 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 | $33,667 |
| Insurance | $32,939 |
| All other expenses | $0 |
| Total functional expenses | $1,570,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,087,458 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $120,490 |
| 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 | $23,521 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,415,974 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,901 |
| Total assets | $3,307,895 |
| Accounts payable and accrued expenses | $197,226 |
| 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 | $63,589 |
| Total liabilities | $260,815 |
| 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 |
| Total liabilities and net assets/fund balances | $3,047,080 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Arc Davidson County Inc has recieved totaling $14,193.
| Awarding Organization | Amount |
|---|---|
United Way Of Davidson County Inc Lexington, NC PURPOSE: Provide advocacy and programs for people with intellectual and developmental disabilities, including a family support group, respite care, and residential support. | $14,140 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tri-Development Center Of Aiken County Aiken, SC | $11,301,624 | $21,352,454 |
Lifespan Incorporated Charlotte, NC | $15,854,360 | $20,547,610 |
Progressive Directions Inc Clarksville, TN | $6,267,368 | $17,802,978 |
York County Board Of Disabilities And Special Needs York, SC | $16,505,254 | $19,088,984 |
Employment Source Inc Fayetteville, NC | $11,512,831 | $17,714,777 |
Emory Valley Center Inc Oak Ridge, TN | $13,502,943 | $17,151,005 |
Soar 365 Richmond, VA | $23,580,904 | $17,622,374 |
Michael Dunn Center Kingston, TN | $4,914,167 | $15,172,268 |
Progressive Healthcare Providers Inc Collierville, TN | $3,689,907 | $14,306,238 |
Berkeley Citizens Inc Moncks Corner, SC | $10,679,846 | $12,915,154 |
Goodwill Services Inc Richmond, VA | $4,923,731 | $11,570,082 |
Horry Country Disabilities And Special Needs Board Conway, SC | $9,815,854 | $10,966,360 |