2025-12-11T09:00:18-06:00 2025-06-30 332394145 RM ADVISORY LLC 209 13TH AVE PLACE NW SUITE 200 HICKORY NC 28601 990 2024-07-01 561050648 CHILDREN'S HOMES OF IREDELL COUNTY INC CHIL 7048712289 PO BOX 451 STATESVILLE NC 28687 KEVIN ANGELL EXECUTIVE DIRECTOR 7048712289 2025-12-11 1 1 MATTHEW MCKINNEY P01707028 8283222070 2025-12-11 2024 2025-03-06 01:10:19Z KEVIN ANGELL 134 E WATER ST STATESVILLE NC 28677 1746698 0 X CHOMESOFIREDELL.COM X 1973 NC TO PROVIDE HOUSING AND CARE FOR CHILDREN WHO HAVE BEEN NEGLECTED, ABUSED, OR ABANDONED BY THEIR CAREGIVERS. 7 7 28 0 0 0 0 360891 0 1352558 0 4254 0 28995 0 1746698 0 0 0 0 0 1087452 0 0 116 0 475599 0 1563051 0 183647 1354792 1544608 131122 115106 1223670 1429502 TO PROVIDE HOUSING AND CARE FOR CHILDREN WHO HAVE BEEN NEGLECTED, ABUSED, OR ABANDONED BY THEIR CAREGIVERS. 0 0 1221553 1477558 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. 1221553 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 NC X KEVIN ANGELL 7048712289 21319 ARAGLIN COURT CORNELIUS NC 28031 MARK ARIAIL TREASURER 0.00 X X 0 0 0 JOHN EVANS BOARD CHAIR 0.00 X X 0 0 0 TRACE VONDA DIRECTOR 0.00 X 0 0 0 JAMES T STAPLES SECRETARY 0.00 X X 0 0 0 DON KOEPNICK DIRECTOR 0.00 X 0 0 0 ARJAN DE ROY DIRECTOR 0.00 X 0 0 0 CHRISTIAN KIECHEL BOARD ATTORNEY 0.00 X X 0 0 0 KEVIN ANGELL EXECUTIVE DIRECTOR 0.00 X 144000 0 0 144000 0 0 1 0 0 0 0 360891 360891 PROVIDING SHELTER & CA 624100 1352558 1352558 1352558 3441 3441 813 0 813 813 813 OTHER INCOME 900099 28995 28995 28995 1746698 1385807 0 0 X 144000 144000 743197 661662 81535 125594 91718 33876 74661 48871 25790 20000 20000 3800 3523 277 10857 10042 815 54530 53580 950 84576 66576 18000 31477 31477 41249 41249 41775 33997 7778 DIETARY & FOOD COSTS 81978 81978 CHILDREN'S PERSONAL 40121 40121 REPAIRS AND MAINTENANCE 34593 34593 CHILDREN'S EDUCATION 9448 8253 1195 21195 13913 7166 116 1563051 1221553 341382 116 232032 433916 22238 20823 1506419 712441 829662 793978 266585 291304 4275 4587 1354792 1544608 351 37 130771 115069 131122 115106 X 1223670 1429502 1223670 1429502 1354792 1544608 183647 22185 0 X X 0 1 X 1 0 X 92765 208410 174552 225777 360891 1062395 92765 208410 174552 225777 360891 1062395 315136 747259 28818 7136 9203 8731 3441 57329 1119724 0.66740 0.92850 X 0.92850 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67800 67800 1438619 712441 726178 793978 1768883 22185 22185 1746698 0 1746698 1563051 0 1563051 0 1563051 FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCES TO REVIEW FORM 990 THE ORGANIZATION PROVIDES A COPY OF THE TAX RETURN TO ALL BOARD MEMBERS. THE EXECUTIVE DIRECTOR AND TREASURER REVIEW THE RETURN BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE ORGANIZATION PROVIDES A COPY OF THE TAX RETURN TO BE REVIEWED UPON REQUEST FORM 990, PART IX, LINE 24E EDUCATION & TRAINING : PROGRAM SERVICE EXPENSES 6,045. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,045. MISCELLANEOUS : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,800. PROFESSIONAL AND ASSOC FEES : PROGRAM SERVICE EXPENSES 2,950. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,950. PAYROLL EXPENSE : PROGRAM SERVICE EXPENSES 2,802. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,802. BACKGROUND CHECKS : PROGRAM SERVICE EXPENSES 2,116. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,116. SALES TAX EXPENSE : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,208. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,208. PROPERTY TAX : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 149. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 149. FUND RAISING EXPENSES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 116. TOTAL EXPENSES 116. BANK FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9. FORM 990, PART XII, LINE 2C: UNDER THE MODIFIED CASH BASIS, REVENUES AND MOST EXPENSES ARE RECORDED WHEN CASH IS RECEIVED OR DISBURSED, SIMILAR TO THE CASH BASIS. HOWEVER, CERTAIN BALANCE SHEET ITEMS ARE RECORDED ON AN ACCRUAL BASIS IN ORDER TO PRESENT A MORE COMPLETE PICTURE OF THE ORGANIZATION'S FINANCIAL POSITION. FOR CHIC, THIS MEANS FOR EXAMPLE: REVENUE AND ROUTINE EXPENSES (PROGRAM COSTS, SALARIES, SUPPLIES, ETC.) ARE RECOGNIZED WHEN CASH IS RECEIVED OR PAID. CAPITAL ASSETS AND RELATED DEPRECIATION ARE RECORDED (RATHER THAN EXPENSING PURCHASES ENTIRELY WHEN PAID), AND RELATED DEBT IS RECORDED AND AMORTIZED OVER TIME. OTHER LIMITED ACCRUALS MAY BE RECORDED WHEN THEY ARE CONSIDERED SIGNIFICANT AND CONSISTENTLY APPLIED. THIS MIXED APPROACH IS A SPECIAL-PURPOSE FRAMEWORK THAT IS ACCEPTABLE FOR NOT-FOR-PROFIT REPORTING AND IS PERMITTED FOR FORM 990. IT ALLOWS CHIC TO RETAIN THE SIMPLICITY OF CASH-BASIS REPORTING FOR DAY-TO-DAY ACTIVITY WHILE STILL RECOGNIZING KEY LONG-TERM ASSETS AND OBLIGATIONS THAT ARE IMPORTANT TO USERS OF THE FINANCIAL STATEMENTS.