2014-07-15T14:53:02-07:00 2013-06-30 CLIFTONLARSONALLEN LLP 20 E THOMAS ROAD SUITE 1200 PHOENIX AZ 850123111 990 2012-07-01 860593598 TAKE CHARGE AMERICA INC TAKE 6232666100 20620 N 19TH AVENUE PHOENIX AZ 850273585 DAVID H RICHARDSON 6232666100 2014-07-15 true PHIL MCCOLLUM 6022662248 2014-02-03 2012 2015-11-30 17:44:51Z X DAVID RICHARDSON 20620 N 19TH AVE PHOENIX AZ 85027 19023228 false X www.takechargeamerica.org X 1987 AZ Take Charge America, Inc. ("TCA") provides educational credit, housing, bankruptcy counseling and student loan solutions in addition to debt management programs to the public. TCA also provides financial education to the public through a variety of methods and programs. 5 5 328 0 0 35368 5100 25057493 18931968 96698 72661 796832 12322 25986391 19022051 620500 865359 0 18774290 11495331 1800 90424 6440877 5258071 25835667 17620561 150724 1401490 33041406 32122973 12133384 9813461 20908022 22309512 X The mission of Take Charge America, Inc. is to educate our clients false true 13294394 865359 18758341 TAKE CHARGE AMERICA, INC. (TCA) PROVIDES EDUCATIONAL CREDIT COUNSELING AND DEBT MANAGEMENT PLANS THROUGHOUT THE U.S., SERVING APPROXIMATELY 18,300 PEOPLE IN FISCAL YEAR 2013. 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 EM- BRACING TECHNOLOGY, STRIVING FOR EXCELLENCE AND NEVER FORGETTING THAT EVERY CLIENT DESERVES TIMELY AND INDIVIDUALIZED 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 UL- TIMATELY BENEFIT ALL CONSUMERS. WE USE A VARIETY OF MEDIA INCLUDING ONE-ON-ONE COUNSELING, COMPUTER SOFTWARE, WEB-BASED MATERIALS, E-TEXTBOOKS, FINANCIAL LITERACY CURRICULUM DEVELOPMENT AND DISSEMINATION, AS WELL AS SPECIAL POPULATION PROGRAMS TO FULFILL OUR EDUCATIONAL MISSION. 231464 172577 TCA PROVIDES HOUSING COUNSELING TO ARIZONA RESIDENTS AND SERVED APPROXIMATELY 1,000 CLIENTS IN FISCAL 2013. THE ORGANIZATION OBTAINED HUD APPROVAL IN APRIL 2008 AND HAS A TEAM OF DEDICATED HOUSING COUNSELORS TO ASSIST INDIVIDUALS WHO ARE EITHER CONSIDERING BUYING A HOME, OR WHO HAVE FALLEN ON DIFFICULT TIMES AND ARE NOW BEHIND ON THEIR MORTGAGE PAYMENTS. TCA'S COMPREHENSIVE PROGRAM PROVIDES FREE COUNSELING TO EVERY AZ INDIVIDUAL WHO SEEKS ASSISTANCE. THE ORGANIZATION WAS SELECTED BY THE AZ DEPT 727 1050 SEE NOTES FOR PT III - LINE 3 IN SCHEDULE O. 13526585 true true false false false false false false true false true false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false false false false false true 35 0 true 328 true false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true true true false AZ AL CA CT IL MD MT NH NJ OR VT X DAVID PADDISON DIR OF FINANCE 6232666100 20620 N 19TH AVE PHOENIX AZ 85027 MIKE HALL 0.00 X 11875 0 475 RALPH GILBERTSEN 3.00 X 6500 0 0 DEBORAH HAYNES 3.00 X 5000 0 0 ROB LESLIE 3.00 X 5000 0 0 ANDREA WHITE 3.00 X 5000 0 0 DAVID HAINES 3.00 X 5000 0 0 RONALD JUNCK 3.00 X 5000 0 0 DEAN NORRIS 3.00 X 29000 0 0 JOHN FISHER 40.00 X 300823 0 18363 ROBERT FISHER 40.00 X 209386 0 20732 DAVID RICHARDSON 40.00 X 195047 0 20834 MARY HALL 40.00 X 193263 0 18594 JOHN PAULICK 40.00 X 192707 0 12714 RODNEY HOOD 40.00 X 171831 0 1786 KEVIN HALL 40 X 158104 23789 MICHAEL SULLIVAN 40 X 156304 19721 COLLEEN FLOWERS 40 X 138354 14411 DREW WEST 40 X 134363 18116 SIMON MAYCOCK 40 X 122455 19749 CAROL LOWN 40 X 80723 15856 2125735 205140 15 true true false VENABLE LLP PO BOX 62727 BALTIMORE MD 21264 Legal services 475841 1 5100 5100 Credit Counseling 611600 18758341 Housing Counseling 611600 172577 Bankruptcy Counseling 611600 1050 18931968 72568 72568 1270 1177 93 93 93 Vending Machine / Other 541990 12322 12322 12322 19022051 18931968 84983 865359 865359 0 0 0 0 0 0 1730564 1158686 571878 0 0 0 0 0 7939399 6426776 1444669 67954 174911 141882 31763 1266 1177684 996192 177248 4244 472773 370684 98927 3162 0 0 0 0 282866 6251 276615 0 50830 0 50830 0 0 0 0 0 1800 1800 0 0 0 0 616280 256226 354617 5437 475735 471835 3900 0 808858 622538 185600 720 383235 323709 59526 0 0 0 0 0 875565 542801 332764 0 69075 31089 37986 0 0 0 0 0 21429 9375 12054 0 203405 0 203405 0 0 0 0 0 1036360 913675 117695 4990 297332 254997 41484 851 Licenses, fees & permits 108409 107380 1029 0 Miscellaneous 6925 5363 1562 0 Bad Debt Expense 21767 21767 0 0 17620561 13526585 4003552 90424 4801311 5589806 9281000 7676920 83317 525513 294134 386478 37005100 19176913 18407955 17828187 173689 116069 33041406 32122973 1489445 1886274 5908065 4303985 4678098 3217706 47170 10606 405496 12133384 9813461 X 20873807 22293560 34215 15952 20908022 22309512 33041406 32122973 1401490 X X false true X true false X 0 0 0 70705 23087 35368 5100 134260 25602375 29581964 29182622 25057493 18931968 128356422 25602375 29652669 29205709 25092861 18937068 128490682 128490682 171372 113474 120805 94864 72568 573083 171372 113474 120805 94864 72568 573083 49948 9552 51159 745618 12322 868599 129932364 0.98890 0.98670 0.00440 0.00590 X OTHER INCOME PART III, LINE 12; DESCRIPTION: VENDING & OTHER; 2008: 10020.; 2009: 9552.; 2010: 51159.; 2011: 27323.; 2012: 12322.; DESCRIPTION: PROPERTY TAX REFUND; 2011: 718295.; DESCRIPTION: TELEPHONE TAX REFUND; 2008: 39928.; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true 7422247 7422247 14916794 6229508 8687286 7272658 5869604 1403054 7393401 7077801 315600 17828187 Accrued Interest on LTD 5496 Commitment Payable (TCAI) 400000 405496 X 19022052 19022052 19022052 17620561 17620561 17620561 Pt IV Line 2b The organization provides educational credit counseling services and facilitates debt management payments on behalf of its clients. Client payments are held in trust and subsequently forwarded to creditors. Pt X Line 2 AUDIT FOOTNOTE DISCLOSURE (FIN 48) NOTE 11 - CONTINGENCIES, P.16 ... AS PART OF AN ONGOING DISPUTE WITH THE IRS, A FINAL ADVERSE DETERMINATION LETTER WAS ISSUED ON FEB. 2, 2012 BY THE IRS REGARDING THE COMPANY'S QUALIFICATION AS A TAX-EXEMPT ORGANIZATION UNDER SECT 501(C)(3) OF THE IRC. IN NOV 2012, THE COMPANY AGREED TO SETTLE ITS ONGOING DISPUTE WITH THE IRS, MAKING A $2.5MIL "PAYMENT-IN-LIEU OF TAXES" IN EXCHANGE FOR A RESCISSION OF THE ADVERSE DETERMINATION. AS PART OF THE SETTLEMENT, THE COMPANY PREPARED AND SUBMITTED A NEW FORM 1023 TO THE IRS FOR APPROVAL. UPON APPROVAL OF THE FORM 1023, THE IRS WILL REVOKE THE COMPANY'S 501(C)(3) STATUS FOR TAX YEARS 2001-2011. WHILE MANAGEMENT EXPECTS A FAVORABLE RULING IN THE FORM 1023 APPLICATION, THE IRS HAS NOT YET RULED ON THE FORM 1023 APPLICATIO true UNIVERSITY OF ARIZONA PO BOX 3520 TUCSON AZ 85722 742652689 402830 TCAI Support CREDIT COUNSELING SOLUTIONS INC PO BOX 7 PEABODY MA 01960 061427317 60000 Loan Payoff 2 0 Pt. 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. Pt. II - Line 1 The Organization made total contributions to TCAI of $802,830 during fiscal 2012. Of this amount, $402,830 was cash and $400,000 was accrued in 2012 to be paid in fiscal 2013. Pt. II - Line 1 The Organization provided a $60,000 donation to CCSI in April 2013 to pay off an outstanding loan and to provide working capital for the agency (less than $10k). At that time, the Board of Directors of Take Charge America, Inc. assumed 100% control of the operations of CCSI, replacing the existing board. X X X X true false false false false false false false false MIKE HALL 11875 475 12350 JOHN FISHER 300823 7536 10827 319186 ROBERT FISHER 209386 4308 16424 230118 DAVID RICHARDSON 187047 8000 7829 13005 215881 MARY HALL 193263 4566 14028 211857 JOHN PAULICK 190827 1880 5753 6961 205421 RODNEY HOOD 171831 514 1271 173616 KEVIN HALL 158104 6840 16949 181893 MICHAEL SULLIVAN 156304 6598 13123 176025 COLLEEN FLOWERS 138354 4351 10060 152765 DREW WEST 133863 500 3889 14227 152479 Pt I Line 4a During fiscal 2012, the Organization had two (2) reductions-in-force (RIF). During these RIFs, several officers, key employees and HC employees left the organization. These individuals received separation agreement payments in tax years 2012 & 2013 and included the following persons: Rodney Hood ($41,394.24), John Fisher ($215,307.54), Mary Hall ($153,382,54), and Kevin Hall ($36,615.62) Pt VI, Line 11b The Form 990 is prepared by the Director of Finance based on information supplied for the audit and other information provided by the accounting and human resources departments. The completed Form 990 is reviewed by an independent account- ing firm, the CEO, and the full Board. Pt VI, Line 12c Officers, directors, and key employees are required to disclose annually 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 Controller monitor new vendor relationships to ensure compliance. Pt VI, Line 15a Compensation of the organization's CEO is determined and approved by the Board Compensation Committee following a review of an independent compensation consultant report and Form 990's of comparable organizations. Pt VI, Line 15b Compensation of the organization's other officers is determined by the CEO following a review of an independ- ent consultant report and Form 990's of comparable organizations. Pt VI, Line 19 The Organization does not make its governing documents or conflict of interest policy available to the public. It makes its financial statements available to the pub- lic through its compliance with state filing requirements. Pt XII, Line 2c The Organization compiles the financial statements and footnotes Pt XII, Line 2c The Organization compiles the financial statements and footnotes and prepares the audit schedules requested by the independent accounting firm. The audit firm conducts the audit and pro- vides an audit report to the Organization's Audit Committee. The Audit Committee presents the results to the Board, which then votes to accept the audit. There has been no change in the process during the current tax year. Pt III, Line 3 The provision of bankruptcy counseling services generated losses for TCA and it was halted in order to save money during a period of negative business trends. TCA has reapplied to EOUST to provide pre-filing counseling services and applied to provide post-filing education services. TCA will begin offering these services as soon as our applications are approved. Pt VI, Line 17 TCA is licensed to do business in all fifty states and is required to submit the filed copy of the Form 990. ATTACHMENT: Take Charge America, Inc. 2013 Community Benefits Report