ARC of Williamson County
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$487,268.40
Projected Expenses
$487,610.24
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Arc of Williamson County IRS Letter | 1960 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $384,621.00 | $441,176.00 | |
| Total Expenses | $356,756.00 | $427,532.00 | |
| Revenue Less Expenses | ($-0.00) | $27,865.00 | $13,644.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $16,050.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $313,978.00 | $395,472.00 | |
| Contributions, Gifts, and Grants | $23,931.00 | $43,061.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $0.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $30,662.00 | $2,643.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $349,866.00 | $421,287.00 | |
| Administration Expense | $6,890.00 | $6,245.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 108% | 103% | |
| Program Expense/Total Expenses | 98% | 99% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Government Grants $313,978.00 | Government Grants $395,472.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Fundraising Events $30,662.00 | Contributions, Gifts and Grants $43,061.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, Grants $23,931.00 | Fundraising Events $2,643.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $204,300.00 | $174,322.00 | |
| Current Assets | $204,300.00 | $153,622.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $2,113.00 | $0.00 | |
| Total Net Assets | $202,187.00 | $174,322.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2023
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures are taken from the 990. Financials prepared by John P. Young, CPA. Comments provided by Hayley Sulfridge 11/16/22. |
