The Arc of Haywood County Inc

Nonprofit profile at a glance

EIN
561128063
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Waynesville, NC, USA
Phone
8284521666
Rating
80
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$3,546,965
Expenses
$2,916,219
Assets
$6,462,022
Liabilities
$686,251

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • SAM HYDE (PRESIDENT)
  • BILL CLEMENT (VICE PRESIDENT)
  • TODD BARBEE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • TODD BARBEE (EXECUTIVE DIRECTOR): $117,682 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve and enrich lives of individuals with developmental disabilities and their families.

What it reported doing in 2024

Dda-provides residential living & training towards independence for 17 group home clients & 18 apartment living adults with developmental disabilities ranging from very mild to severe intellectual & developmental disabilities. In addition, many have physical disabilites such as epilepsy, cerebal palsy, sight & hearing difficulties. Some also have behavior issues that require monitoring & training. All training is provided to improve life enhancement & independence skills. Program has received 3-year accreditation from carf (rehabilitation commission), passed a cap/mr service compliance audit & a medicaid audit. In the past, several clients have successfully moved to a less restrictive & more independent living arrangement within the agency providing each of them with more autonomy & capability to determine their own life patterns & environment. The organization is currenlty also providing vocational rehab services for 3 clients.

Operating model

Revenue model
Earned-program. 95% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.1%; rating input score 62
  • Program expense ratio: 76.4%; rating input score 76
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 17.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 2.22; rating input score 65; 65th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 57; 57th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 5.3% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 8.9% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 62.1% of revenue deployed · 76.4% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $118K · 13 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Liabilities to assets ratio scored 57/100.