Alps Adult Day Services
- Assets
- $2.5m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 29
- Location
- Morristown, TN
- Founding
- 09/1987
- Data as of
- 12/2021
- EIN
- 58-1726410
Organization Overview
Alps Adult Day Services is located in Morristown, TN. The organization was established in 1987. According to its NTEE Classification (G83) the organization is classified as: Alzheimers Disease, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Alps Adult Day Services employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alps Adult Day Services 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 12/2021, Alps Adult Day Services generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $962.7k during the year ending 12/2021. While expenses have increased by 11.1% 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
ADULT DAYCARE CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED DAYCARE SERVICES TO CLIENTS SUFFERING FROM ALZHEIMERS AND RELATED DISORDERS AND PROVIDED EDUCATION AND SUPPORT TO CLIENT FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mahon Fritts CEO | Officer | 40 | $89,022 |
Jackie Cutshaw Vice-President | OfficerTrustee | 1 | $0 |
Emily Mcintire President | OfficerTrustee | 1 | $0 |
Karan Goins Treasurer | OfficerTrustee | 1 | $0 |
Ann Grove Secretary | OfficerTrustee | 1 | $0 |
John Smyth Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,344 |
| Membership dues | $0 |
| Fundraising events | $7,953 |
| Related organizations | $0 |
| Government grants | $153,131 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,605 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $277,033 |
| Total Program Service Revenue | $663,645 |
| Investment income | $4,798 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $95,069 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,040,545 |
| 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. | $89,514 |
| Compensation of current officers, directors, key employees. | $13,427 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $518,586 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,575 |
| Payroll taxes | $46,662 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,097 |
| Office expenses | $33,534 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,618 |
| Travel | $9,821 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $56,620 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,363 |
| Insurance | $16,158 |
| All other expenses | $0 |
| Total functional expenses | $962,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $385,125 |
| Pledges and grants receivable | $9,930 |
| Accounts receivable, net | $75,605 |
| 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 | $16,083 |
| Net Land, buildings, and equipment | $1,777,519 |
| Investments—publicly traded securities | $250,211 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,514,473 |
| Accounts payable and accrued expenses | $37,706 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| 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 | $1,451,771 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,527 |
| Total liabilities | $1,501,004 |
| Net assets without donor restrictions | $993,684 |
| Net assets with donor restrictions | $19,785 |
| 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 | $2,514,473 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alps Adult Day Services has recieved totaling $53.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $53 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Insight Memory Care Center Fairfax, VA | $3,154,973 | $3,550,226 |
Charlotte Neuroscience Association Inc Charlotte, NC | $3,082,037 | $3,290,485 |
Alzheimers Tennessee Inc Knoxville, TN | $1,498,748 | $1,957,241 |
Wellmont-Madison House Alzheimers Center Of Upper E Tennessee Johnson City, TN | $591,023 | $808,200 |
Alzheimers & Dementia Services Of Memphis Inc Memphis, TN | $4,866,660 | $2,133,712 |
Memory Care Home Solutions St Louis, MO | $2,683,564 | $1,559,901 |
Alps Adult Day Services Morristown, TN | $2,514,473 | $1,040,545 |
Dementia Alliance Of North Carolina Inc Raleigh, NC | $832,392 | $872,226 |
Alzheimers Arkansas Programs And Services Little Rock, AR | $2,701,290 | $560,324 |
Rick Sharp Alz Foundation Virginia Beach, VA | $1,126,907 | $702,010 |
Jud C Hickey Center For Alzheimers Care Inc Augusta, GA | $6,980,586 | $1,363,088 |
Alzheimers Services Center Inc Morrow, GA | $1,261,641 | $208,460 |