2014-11-13T14:23:00-06:00 2014-06-30 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2013-07-01 860593598 TAKE CHARGE AMERICA INC TAKE 6232666100 PO BOX 41910 PHOENIX AZ 850801910 DAVID H RICHARDSON CEO 6232666100 2014-11-11 1 PHIL MCCOLLUM P00129716 6022662248 2013 2015-11-30 17:44:51Z DAVID H RICHARDSON PO BOX 41910 PHOENIX AZ 850801910 17585702 0 X WWW.TAKECHARGEAMERICA.ORG X 1987 AZ TAKE CHARGE AMERICA, INC. (TCA) PROVIDES EDUCATIONAL CREDIT COUNSELING, HOUSING COUNSELING, BANKRUPTCY COUNSELING, AND DEBT MANAGEMENT PROGRAMS TO THE PUBLIC, ANNUALLY SERVING APPROXIMATELY 35,000 PEOPLE THROUGHOUT THE UNITED STATES. TCA ALSO PROVIDES FINANCIAL EDUCATION TO THE PUBLIC THROUGH A VARIETY OF METHODS. 6 6 173 15 -85962 -85962 5100 203500 18931968 16707322 72661 73088 12322 -503027 19022051 16480883 865359 151200 0 0 11495331 9400455 1800 10500 49800 5258071 5869226 17620561 15431381 1401490 1049502 32122973 30468489 9813461 7109475 22309512 23359014 X THE MISSION OF TAKE CHARGE AMERICA, INC. IS TO EDUCATE OUR CLIENTS AND THE GENERAL PUBLIC TO HELP THEM ACHIEVE SELF-RELIANCE, FINANCIAL STABILITY AND FINANCIAL INDEPENDENCE. WE PURSUE THIS MISSION THROUGH A HIGHLY TRAINED PROFESSIONAL STAFF THAT PROVIDES QUALITY EDUCATIONAL PROGRAMS, CREDIT COUNSELING, HOUSING COUNSELING, BANKRUPTCY COUNSELING, AND DEBT MANAGEMENT PROGRAMS. IN PURSUIT OF THIS MISSION WE PLEDGE TO EMPLOY SOUND AND ETHICAL BUSINESS PRACTICES AND PRINCIPLES IN OUR DEALINGS WITH ALL STAKEHOLDERS, INCLUDING CLIENTS AND THEIR CREDITORS, AS WELL AS OUR EMPLOYEES, VENDORS AND THE GENERAL PUBLIC. 0 0 12270692 151200 16257950 TAKE CHARGE AMERICA, INC. (TCA) PROVIDES EDUCATIONAL CREDIT COUNSELING AND DEBT MANAGEMENT PLANS THROUGHOUT THE U.S., SERVING OVER 31,000 CLIENTS IN FISCAL YEAR 2014. TCA'S COMPREHENSIVE PROGRAMS PROVIDE FREE COUNSELING AND EDUCATIONAL MATERIALS TO EVERY INDIVIDUAL WHO SEEKS ASSISTANCE. TCA IS DEDICATED TO PROVIDING OPTIMUM EDUCATIONAL SERVICES AND CLIENT CARE AND ACHIEVES THIS GOAL BY EMBRACING TECHNOLOGY, STRIVING FOR EXCELLENCE AND NEVER FORGETTING THAT EVERY CLIENT DESERVES TIMELY, INDIVIDUALIZED, PROFESSIONAL ASSISTANCE. WE PROVIDE EDUCATION, EDUCATIONAL MATERIALS AND A VARIETY OF COUNSELING SERVICES WITHOUT COST TO ALL CONSUMERS WHO SEEK OUR ASSISTANCE WITHOUT REGARD TO ACTUAL PLAN PARTICIPATION. WE ALSO FUND SUBSTANTIAL COMMUNITY ORIENTED FINANCIAL LITERACY PROGRAMS THAT CAN ULTIMATELY BENEFIT ALL CONSUMERS. WE USE A VARIETY OF MEDIA INCLUDING ONE-ON-ONE COUNSELING, COMPUTER SOFTWARE, WEB-BASED MATERIALS, ELECTRONIC TEXTBOOKS, FINANCIAL LITERACY CURRICULUM DEVELOPMENT AND DISSEMINATION, AS WELL AS SPECIAL POPULATION PROGRAMS TO FULFILL OUR EDUCATIONAL MISSION. 509120 433657 TCA PROVIDES HOUSING COUNSELING SERVICES TO ARIZONA RESIDENTS, AND SERVED NEARLY 2,500 CLIENTS IN FISCAL 2014. THE ORGANIZATION OBTAINED HUD APPROVAL IN APRIL 2008 AND EMPLOYS A TEAM OF DEDICATED HOUSING COUNSELORS TO ASSIST INDIVIDUALS WHO ARE CONSIDERING BUYING A HOME, OR WHO HAVE FALLEN ON DIFFICULT TIMES AND ARE NOW BEHIND ON THEIR MORTGAGE PAYMENTS. TCA'S COMPREHENSIVE PROGRAM PROVIDES COUNSELING TO EVERY ARIZONA INDIVIDUAL WHO SEEKS ASSISTANCE. THE ORGANIZATION WAS SELECTED BY THE ARIZONA DEPARTMENT OF HOUSING AS A SUB-GRANTEE TO PROVIDE NATIONAL FORECLOSURE MITIGATION COUNSELING SERVICES AND TO PROVIDE SUPPORT TO ARIZONA RESIDENTS UNDER THE SAVE OUR HOME ARIZONA PROGRAM. CONSUMERS ARE REFERRED TO TCA VIA A TOLL-FREE NUMBER. HOUSING COUNSELORS ARE ACTIVELY INVOLVED IN A VARIETY OF COMMUNITY EVENTS AND COMMUNITY OUTREACH IS CONDUCTED THROUGH DIFFERENT MEDIA, INCLUDING TELEVISION AND NEWSPAPER ARTICLES. 216249 13985 TCA PROVIDES STUDENT LOAN COUNSELING TO CONSUMERS THROUGH A COMPREHENSIVE EVALUATION OF SOLUTIONS THAT HELPS THEM IDENTIFY THE BEST OPTION FOR PAYING OFF THEIR STUDENT LOANS. IN FISCAL YEAR 2014, TCA SERVED OVER 1,100 CLIENTS. THE ORGANIZATION INITIATED SERVICES IN 2013, AND HAS A SMALL TEAM OF COUNSELORS WHO WORK WITH CONSUMERS TO COMPLETE NECESSARY PAPERWORK AND TO ACT AS AN ADVOCATE WHEN ASSISTANCE IS REQUIRED FROM STUDENT LOAN SERVICES. 1730 BANKRUPTCY COUNSELING 1730 12996061 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 44 0 1 173 1 1 1 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ AL CA CT IL MD MT NH NJ OR VT X DAVID RICHARDSON 6232666100 20620 N 19TH AVE PHOENIX AZ 85027 RALPH GILBERTSEN BOARD CHAIR 3.00 X 0 0 0 DEBORAH HAYNES BOARD MEMBER 3.00 X 0 0 0 ROB LESLIE BOARD MEMBER 3.00 X 0 0 0 ANDREA WHITE BOARD MEMBER 3.00 X 0 0 0 ALICE SWEENEY BOARD MEMBER 3.00 X 0 0 0 KERWIN BROWN BOARD MEMBER 3.00 X 0 0 0 DAVID RICHARDSON PRESIDENT/CEO 40.00 X 282035 0 24813 MICHAEL SULLIVAN COO/CHIEF ED OFFICER 40.00 X 185250 0 11770 CAROL LOWN CHIEF COMPLIANCE OFFICER 40.00 X 108202 0 18879 DAVE PADDISON DIRECTOR OF FINANCE 40.00 X 94543 0 13923 JOHN PAULICK CHIEF INFORMATION OFFICER 40.00 X 202878 0 13786 KEVIN WEEKS VP - NEW SERVICES DEVELOPMENT 40.00 X 191499 0 9941 DREW WEST DIRECTOR - SOFTWARE ENGINEERING 40.00 X 148438 0 17641 CHRIS SURMAN DIRECTOR - CLIENT & CREDITOR SERVICES 40.00 X 142579 0 18230 RICH MCDANIEL DIRECTOR - FACILITIES & SECURITY 40.00 X 117998 0 13444 DEREK SAPP MANAGER - IT INFRASTRUCTURE 40.00 X 104960 0 2400 JOHN FISHER LEFT 1012 FORMER PRESIDENT / CEO 40.00 X 155500 0 0 MARY HALL LEFT 1012 FORMER CHIEF OPERATING OFFICER 40.00 X 106712 0 0 ROBERT FISHER LEFT 613 FORMER CHIEF LEGAL COUNSEL 40.00 X 239160 0 11492 KEVIN HALL LEFT 413 FORMER SVP - BUSINESS DEVELOPMENT 40.00 X 182851 0 11747 2262605 0 168066 13 1 1 0 OPTIMUM FINANCIAL SERVICES LLC 20620 N 19TH AVENUE SUITE 101 PHOENIX AZ 85027 BUSINESS DEVELOPMENT, MARKETING, AND ADV 198317 VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 LEGAL SERVICES 149477 2 100000 103500 203500 CREDIT COUNSELING 611600 16257950 16257950 HOUSING COUNSELING 611600 433657 433657 STUDENT LOAN COUNSELING 611600 13985 13985 BANKRUPTCY COUNSELING 611600 1730 1730 16707322 73098 73098 575488 1104809 -529321 -529321 -85962 -443359 10 -10 -10 -10 VENDING MACHINE/OTHER INCOME 541990 26294 26294 26294 16480883 16707322 -85962 -343977 151200 151200 956079 596780 359299 7457577 6372690 1052713 32174 141430 117947 23483 260915 237964 22114 837 584454 494162 87821 2471 440591 338420 102171 112749 112749 71988 200 71788 10500 10500 131250 118570 12680 1223265 1219665 3600 457264 345043 111947 274 178344 146836 31205 303 343318 306501 36760 57 81042 58778 22211 53 29792 17017 12775 56332 43161 13171 787995 708221 78747 1027 1037461 912913 124592 -44 SMALL EQUIPMENT 340924 304792 34394 1738 TELEPHONE & UTILITIES 303253 268113 34882 258 LICENSES, FEES, AND PER 109553 96008 13527 18 BAD DEBT EXPENSE 94219 94219 69886 46861 22891 134 15431381 12996061 2385520 49800 5589806 5666618 7676920 5676178 525513 619226 386478 927307 37075326 19959988 17828187 17115338 116069 463822 32122973 30468489 1886274 2155382 4303985 2303242 3217706 2366775 405496 284076 9813461 7109475 X 22293560 23359014 15952 0 22309512 23359014 32122973 30468489 1049502 0 X X 0 1 X 1 0 X 70705 23087 35368 5100 203500 337760 29581964 29182622 25057493 18931968 16707322 119461369 29652669 29205709 25092861 18937068 16910822 119799129 0 0 0 119799129 113474 120805 94864 72568 555127 956838 113474 120805 94864 72568 555127 956838 9552 51159 745618 12322 26294 844945 29775695 29377673 25933343 19021958 17492243 121600912 0.98520 0.98890 0.00790 0.00440 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: VENDING MACHING/OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 7422247 7422247 15145777 6638593 8507184 7208311 6328862 879449 7298991 6992533 306458 17115338 COMMITMENT TO GIVE 150000 OTHER LIABILITIES 129989 ACCRUED INTEREST PAYABLE 4087 284076 X 17598587 1117704 1117704 16480883 0 16480883 16542586 1111205 1111205 15431381 0 15431381 PART IV, LINE 2B: THE ORGANIZATION PROVIDES EDUCATIONAL CREDIT COUNSELING SERVICES AND FACILIATES DEBT MANAGEMENT PAYMENTS ON BEHALF OF ITS CLIENTS. CLIENT PAYMENTS ARE HELD IN TRUST AND SUBSEQUENTLY FORWARDED TO CREDITORS. PART X, LINE 2: THE INCOME TAX FOOTNOTE CONTAINS A DETAILED DISCUSSION OF THE SETTLEMENT REACHED WITH THE IRS WHEREBY THE ORGANIZATION AGREED TO A REVOCATION OF ITS TAX-EXEMPT STATUS FOR TAX YEARS 2001-2011 AND MADE A PAYMENT TO THE IRS IN-LIEU OF INCOME TAXES FOR THIS PERIOD. THE ORGANIZATION WAS THEN ALLOWED TO SUBMIT A NEW FORM 1023 BASED UPON THE CHANGES IT MADE IN ITS OPERATIONS TO COMPLY WITH THE INTERNAL REVENUE CODE. THE FORM 1023 WAS APPROVED BY THE IRS ON JANUARY 31, 2014. THE ORGANIZATION IS IN SETTLEMENT DISCUSSIONS WITH THE AZ DEPT. OF REVENUE REGARDING THE STATE INCOME TAXES OWED DURING THE OPEN YEARS THAT THE ORGANIZATION'S TAX-EXEMPT STATUS WAS REVOKED. THE ORGANIZATION BELIEVES, UNDER THE "MORE-LIKELY-THAN-NOT" STANDARD, THAT IT WILL BE ABLE TO NEGOTIATE A SETTLEMENT FOR THE DISPUTED TAXES OWED TO THE STATE OF ARIZONA AND HAS ACCRUED, IN A PRIOR YEAR, A LIABILITY OF APPROXIMATELY $400,000 FOR THE SETTLEMENT BALANCE BELIEVED TO BE DUE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,104,809. OTHER LOSSES 10. CCSI REVENUES 12,885. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,104,809. CCSI EXPENSES 6,396. 1 UNIVERSITY OF ARIZONA PO BOX 3520 TUCSON AZ 857223520 742652689 150000 TCAI SUPPORT 2 PART I, LINE 2: THE ORGANIZATION PROVIDES ANNUAL OPERATING SUPPORT TO TCAI (TAKE CHARGE AMERICA INSTITUTE) FOR THE FINANCIAL ECONOMIC AND FINANCIAL EDUCATION PROJECT AND MADE CONTRIBUTIONS TO THE U OF A ENDOWMENT AND BUILDING FUNDS. THE ORGANIZATION HAS SIX (6) SEATS ON THE TCAI BOARD, AND REVIEWS AND APPROVES THE ANNUAL BUDGET AND MONITORS ACTUAL VS. BUDGETED EXPENDITURES. PART II, LINE 1: THE ORGANIZATION MADE TOTAL CASH CONTRIBUTIONS TO TCAI OF $400,000 DURING TAX YEAR 2013. THE ORGANIZATION MADE AN ADDITIONAL $150,000 COMMITMENT IN TAX YEAR 2013 TO BE PAID IN TAX YEAR 2014. X X X X X X 1 0 0 0 0 0 0 0 0 DAVID RICHARDSON PRESIDENT/CEO 222035 0 60000 0 0 0 8750 0 16063 0 306848 0 0 0 MICHAEL SULLIVAN COO/CHIEF ED OFFICER 175250 0 10000 0 0 0 7019 0 4751 0 197020 0 0 0 JOHN PAULICK CHIEF INFORMATION OFFICER 187445 0 15433 0 0 0 5718 0 8068 0 216664 0 0 0 KEVIN WEEKS VP - NEW SERVICES DEVELOPMENT 186499 0 5000 0 0 0 5613 0 4328 0 201440 0 0 0 DREW WEST DIRECTOR - SOFTWARE ENGINEERING 141438 0 7000 0 0 0 2946 0 14695 0 166079 0 0 0 CHRIS SURMAN DIRECTOR - CLIENT & CREDITOR SERVICE 129579 0 13000 0 0 0 5355 0 12875 0 160809 0 0 0 JOHN FISHER LEFT 1012 FORMER PRESIDENT / CEO 155500 0 0 0 0 0 0 0 0 0 155500 0 0 0 MARY HALL LEFT 1012 FORMER CHIEF OPERATING OFFICER 106712 0 0 0 0 0 0 0 0 0 106712 0 0 0 ROBERT FISHER LEFT 613 FORMER CHIEF LEGAL COUNSEL 229160 0 10000 0 0 0 2523 0 8969 0 250652 0 0 0 KEVIN HALL LEFT 413 FORMER SVP - BUSINESS DEVELOPMENT 182851 0 0 0 0 0 4473 0 7274 0 194598 0 0 0 PART I, LINE 4A SEVERANCE PAYMENTS: JOHN FISHER - $155,500 MARY HALL - $106,712 ROBERT FISHER - $124,801 KEVIN HALL - $124,323 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION SUPPLIED BY THE ACCOUNTING AND HUMAN RESOURCE DEPARTMENTS. THE COMPLETED FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE, THE ORGANIZATION'S OFFICERS, AND THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. DISCUSSIONS ABOUT THE POLICY OCCUR ANNUALLY DURING A BOARD MEETING, AND THE DIRECTOR OF FINANCE AND SENIOR ACCOUNTANT MONITOR NEW VENDOR RELATIONSHIPS TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATION'S CEO IS DETERMINED AND APPROVED BY THE BOARD COMPENSATION COMMITTEE FOLLOWING REVIEWS OF AN INDEPENDENT COMPENSATION CONSULTANT REPORT AND FORM 990'S OF COMPARABLE ORGANIZATIONS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES ARE DETERMINED AND APPROVED BY THE BOARD COMPENSATION COMMITTEE FOLLOWING REVIEWS OF AN INDEPENDENT COMPENSATION CONSULTANT REPORT AND FORM 990'S OF COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS MADE AVAILABLE THROUGH COMPLIANCE WITH STATE FILING REQUIREMENTS. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. TCA PLAZA I 20620 N 19TH AVENUE PHOENIX AZ 85027 464471478 OWN TCA BUILDING AZ 0 1000 TAKE CHARGE AMERICA INC TCA PLAZA II 20620 N 19TH AVENUE PHOENIX AZ 85027 464882267 OWN TCA LAND AZ 0 1000 TAKE CHARGE AMERICA INC CREDIT COUNSELING SOLUTIONS INC 20620 N 19TH AVENUE PHOENIX AZ 85027 061427317 CREDIT COUNSELING CT 501(C)(3) LINE 9 TAKE CHARGE AMERICA INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0