2013-08-14T16:54:58-05:00 2012-12-31 521853933 RIBIS JONES & MARESCA PA 10500 LITTLE PATUXENT PARKWAY 770 COLUMBIA MD 21044 990 2012-01-01 522196183 INCHARGE INSTITUTE OF AMERICA INC INCH 4072917770 5750 MAJOR BLVD NO 320 ORLANDO FL 32819 ETTA W MONEY 4072917770 2013-08-13 1 DAVID A JONES P01361002 4108840220 2012 2016-02-24 21:20:13Z ETTA W MONEY 5750 MAJOR BLVD STE 300 ORLANDO FL 32819 5853327 0 X WWW.INCHARGE.ORG X 1999 DE INCHARGE INSTITUTE OF AMERICA PROVIDES GENERAL AND ADMINISTRATIVE SUPPORT TO ITS AFFILIATED ENTITIES. 3 1 37 0 0 0 0 0 0 5738019 20557 65 248993 115170 269550 5853254 0 0 0 0 0 2883783 0 0 0 444204 2845124 444204 5728907 -174654 124347 2250395 2495693 1433555 1554506 816840 941187 X INCHARGE INSTITUTE OF AMERICA ("ICI") IS A 501(C)(3) NON-PROFIT ORGANIZATION WHOSE EMPLOYEES AND BOARD OF TRUSTEES PROVIDE OVERSIGHT AND EXECUTIVE LEADERSHIP TO INCHARGE DEBT SOLUTIONS AND INCHARGE EDUCATION FOUNDATION IN SUPPORT OF THEIR MISSIONS TO SERVE THE DEBT DISTRESSED, IMPROVE PERSONAL FINANCIAL LITERACY AND DEVELOP PROGRAMS THAT EDUCATE AND ENABLE CONSUMERS TO USE CREDIT RESPONSIBLY IN PURSUIT OF THEIR GOALS. 0 0 2209256 2459274 CREDIT COUNSELING AND EDUCATION - ICI PROVIDES ADMINISTRATIVE SUPPORT TO INCHARGE DEBT SOLUTIONS IN THE AREA OF CREDIT COUNSELING AND EDUCATION SERVICES. THIS PROGRAM ASSISTS CONSUMERS IN MANAGING THEIR PERSONAL FINANCES THROUGH THE PROVISION OF SOLUTIONS-BASED CREDIT COUNSELING, BUDGET PLANNING AND FINANCIAL EDUCATIONAL MATERIALS. SOLUTIONS-BASED COUNSELING IS DESIGNED TO FIND THE RIGHT SOLUTION FOR EACH DEBT DISTRESSED CONSUMER. OVER 54,000 FINANCIALLY DISTRESSED INDIVIDUALS RECEIVED CREDIT COUNSELING AND FINANCIAL EDUCATIONAL MATERIALS DURING 2012. FINANCIAL EDUCATIONAL MATERIALS ASSIST CONSUMERS IN ACQUIRING AND IMPROVING MONEY MANAGEMENT SKILLS AND MANAGING CREDIT. CREDIT COUNSELING SERVICES ARE OFFERED IN PERSON FOR INDIVIDUALS RESIDING IN THE CENTRAL FLORIDA AREA, AND NATIONALLY OVER THE TELEPHONE AND THROUGH THE INTERNET. 736420 819967 DEBT MANAGEMENT - ICI PROVIDES ADMINISTRATIVE SUPPORT TO IDS IN THE AREA OF DEBT MANAGEMENT SERVICES. IDS OFFERS DEBT MANAGEMENT PROGRAMS TO ASSIST CONSUMERS IN PAYING OFF THEIR UNSECURED DEBTS AND TO BETTER MANAGE THEIR FINANCIAL OBLIGATIONS IN THE FUTURE. IDS PROCESSES DEBT PAYMENTS, ATTEMPTS TO SECURE A REDUCTION IN INTEREST RATES, AND ATTEMPTS TO ESTABLISH AFFORDABLE MONTHLY PAYMENTS ON THE CLIENTS' BEHALF. CLIENTS ARE PROVIDED INITIAL AND CONTINUING EDUCATIONAL ASSISTANCE THROUGH FINANCIAL EDUCATIONAL MATERIALS AND GUIDANCE IN FINANCIAL MATTERS AS DETERMINED BY THE CLIENT'S NEEDS. 1596097 1776721 BANKRUPTCY COUNSELING/DEBTOR EDUCATION - ICI PROVIDES ADMINISTRATIVE SUPPORT TO IDS IN THE AREA OF BANKRUPTCY COUNSELING AND DEBTOR EDUCATION SERVICES. BANKRUPTCY LEGISLATION ENACTED BY CONGRESS IN 2005 REQUIRES INDIVIDUALS FILING FOR BANKRUPTCY TO COMPLETE A BANKRUPTCY CREDIT COUNSELING SESSION PRIOR TO FILING, AND AN INSTRUCTIONAL COURSE IN PERSONAL FINANCIAL MANAGEMENT (DEBTOR EDUCATION) PRIOR TO RECEIVING A BANKRUPTCY DISCHARGE. TO OFFER CONVENIENT, ON-DEMAND ACCESS TO THIS REQUIRED CONTENT, IDS PROVIDES INTERACTIVE WEB-BASED AND TELEPHONIC BANKRUPTCY CREDIT COUNSELING AND DEBTOR EDUCATION PROGRAMS. BOTH PROGRAMS ISSUE CERTIFICATES TO INDIVIDUALS WHO COMPLETE EACH PROGRAM AS REQUIRED BY THE TITLE 11 BANKRUPTCY CODE. DURING 2012, OVER 135,000 CERTIFICATES WERE ISSUED TO BANKRUPTCY PETITIONERS EVIDENCING THEIR SUCCESSFUL COMPLETION OF THE BANKRUPTCY CREDIT COUNSELING SESSION AND THE PERSONAL FINANCIAL MANAGEMENT COURSE. 51771 57631 HOUSING COUNSELING AND EDUCATION - ICI PROVIDES ADMINISTRATIVE SUPPORT TO IDS IN THE AREA OF HOUSING COUNSELING AND EDUCATION SERVICES. IDS IS A LOCAL U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT APPROVED AGENCY IN THE STATE OF FLORIDA AND A MEMBER OF THE NATIONAL FOUNDATION FOR CREDIT COUNSELING WHICH ENABLES IDS TO SERVE CONSUMERS ON A NATIONWIDE BASIS. HOUSING COUNSELING SERVICES INCLUDE FORECLOSURE PREVENTION AND MORTGAGE DELINQUENCY COUNSELING, HOMEBUYER EDUCATION AND PRE-PURCHASE HOMEBUYER COUNSELING. FORECLOSURE PREVENTION AND MORTGAGE DELINQUENCY COUNSELING IS DESIGNED TO PROVIDE EXISTING BORROWERS WITH INFORMATION AND ASSISTANCE NEEDED TO AVOID FORECLOSURE. PROGRAM HIGHLIGHTS INCLUDE BUDGET PLANNING, EVALUATION OF ELIGIBILITY FOR LOAN MODIFICATION, ASSESSMENT OF ABILITY TO SUSTAIN A HOME AND ALTERNATIVE HOUSING OPTIONS. HOMEBUYER EDUCATION IS DESIGNED TO BETTER PREPARE POTENTIAL HOMEOWNERS FOR HOMEOWNERSHIP. PARTICIPANTS EXAMINE THEIR HOUSING NEEDS, ANALYZE THEIR FINANCIAL SITUATION AND LEARN STRATEGIES TO IMPROVE FINANCIAL MANAGEMENT IN AN EFFORT TO BETTER PREPARE FOR HOMEOWNERSHIP. PARTICIPANTS ALSO LEARN HOW TO SHOP FOR A HOME, OBTAIN A MORTGAGE AND PREPARE FOR LIFE AS A HOMEOWNER. PRE-PURCHASE HOMEBUYER COUNSELING, A PERSONAL ONE-ON-ONE SESSION, IS OFFERED TO PROVIDE EDUCATION AND TIPS TO ASSIST POTENTIAL HOMEBUYERS IN IMPROVING FINANCIAL MANAGEMENT SKILLS AND UNDERSTANDING ALTERNATIVE SOURCES OF FUNDING AND MORTGAGE OPTIONS. DURING 2012, OVER 10,000 HOUSING COUNSELING SESSIONS WERE CONDUCTED. 85865 95582 EDUCATIONAL PROGRAM DEVELOPMENT/OUTREACH - ICI PROVIDES ADMINISTRATIVE SUPPORT TO INCHARGE EDUCATION FOUNDATION (THE "FOUNDATION") IN THE AREA OF EDUCATIONAL PROGRAMS AND OUTREACH SERVICES. ICI ASSISTS THE FOUNDATION IN ITS SUPPORT OF IDS' MISSION OF PROVIDING EDUCATION TO FINANCIALLY DISTRESSED INDIVIDUALS AND FAMILIES. THE FOUNDATION FULFILLS THIS MISSION BY CREATING AND DISTRIBUTING PUBLICATIONS, NEWSLETTERS, ONLINE COURSES, INTERACTIVE TOOLS, GAMES, VIDEOS AND SEMINARS THAT PROVIDE INFORMATION ABOUT MONEY MANAGEMENT, PERSONAL FINANCE AND THE RESPONSIBLE USE OF CREDIT. THE FOUNDATION ALSO CONDUCTS FREE EDUCATIONAL WORKSHOPS, WITH CONTENT GEARED TOWARDS ALL AGE GROUPS, IN AN EFFORT TO HELP CONSUMERS OF ALL AGES LEARN AND CULTIVATE SOUND FINANCIAL MANAGEMENT SKILLS. DURING 2012, THE FOUNDATION REACHED OVER 8,000 INDIVIDUALS THROUGH SPONSORED EDUCATIONAL WORKSHOPS. MILITARY MONEY, A FINANCIAL LITERACY OUTREACH INITIATIVE, PROVIDES FREE FINANCIAL EDUCATION AND TOOLS TO SERVICE MEMBERS, VETERANS AND THEIR FAMILIES THROUGH A DEDICATED WEB PORTAL, PRINT AND EBOOKS AND RADIO CLIPS. IN 2012, 50,000 COPIES OF "WHERE DO I GO FROM HERE? A MILITARY TO CIVILLIAN TRANSITION GUIDE" WERE DISTRIBUTED. THE GUIDE BOOK WAS ALSO PUBLISHED AS AN EBOOK AND IS AVAILABLE THROUGH IBOOKS AND IN KINDLE-FORMAT. MILITARY MONEY RESOURCES CAN BE FOUND AT INCHARGE.ORG/MILITARY-MONEY AND INCLUDE INFORMATION, INSPIRATION AND TOOLS TO HELP SERVICE MEMBERS MAXIMIZE THEIR PERSONAL FINANCIAL POTENTIAL. THE WEB PORTAL RECEIVES OVER 215,000 VISITORS EACH YEAR. "MILITARY MONEY MINUTES" AND "DEFENDING YOUR CASH MINUTES" ARE RADIO CLIPS OFFERING TIMELY ONE-MINUTE FINANCIAL TIPS. THE TIPS ARE BROADCAST SIX TIMES PER DAY ON THE ARMED FORCES RADIO NETWORK AND HAVE A REACH OF ONE MILLION SERVICE MEMBERS. MILITARY MONEY MINUTES AND DEFENDING YOUR CASH MINUTES ARE ALSO MADE AVAILABLE AS PODCASTS ON ITUNES AND OTHER WEBSITES. THE PODCAST LIBRARY EXPERIENCED MORE THAN 50,000 DOWNLOADS IN 2012. TO HELP ACCOMPLISH ITS MISSION, THE FOUNDATION CONTINUALLY SEEKS PARTNERSHIPS WITH OTHER ORGANIZATIONS. 137636 153213 4679409 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 33 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 FL X X INCHARGE INSTITUTE OF AMERICA INC 4072917770 5750 MAJOR BLVD SUITE 320 ORLANDO FL 32819 ETTA W MONEY 1.00 49.00 X X 0 226655 47222 LONNIE M RITZER 1.00 2.00 X 220 440 0 NORRIS OVERTON 1.00 1.00 X 0 0 0 PETER W KENNEDY 1.00 1.00 X 330 330 0 RICHARD ANDERSON 1.00 2.00 X 12486 12500 0 ROBERT J RUIZ 1.00 2.00 X 313 627 0 WILLIAM S NORMAN 2.00 X 0 0 0 WILLIAM MALSEED 1.00 44.00 X 0 198135 11881 JODI MCGREGOR 1.00 44.00 X 0 181465 28276 DAVID C JONES 0.00 X 59439 0 0 72788 620152 87379 0 1 1 0 EMERSON INVESTMENTS 370 CENTER-POINTE CIRCLE SUITE 113 ALTAMONTE SPRINGS FL 32701 FACILITIES RENTAL 501314 DIANE MEILLER & ASSOCIATES 255 S ORANGE AVE SUITE 1510 ORLANDO FL 32801 TECHNOLOGY SERVICES 309053 NORMAN TECHNOLOGIES 630 DAVIDSON GATEWAY DRIVE SUITE 2 DAVIDSON NC 28036 TECHNOLOGY SERVICES 250983 3 SUPPORT SERVICE INCOME 900099 5738019 5738019 5738019 138 138 54000 54000 52721 0 52721 52721 52721 73 -73 -73 -73 OTHER INCOME 900099 8449 8449 8449 5853254 0 0 5853254 13349 13349 2301435 2104641 196794 66844 60776 6068 340343 309444 30899 161812 147123 14689 18959 18959 11872 11872 551437 551437 190284 173009 17275 1332807 1211809 120998 59295 53911 5384 22871 20796 2075 331880 301750 30130 159232 144777 14455 MISCELLANEOUS 63282 57538 5744 RECRUITING AND RELOCATI 58095 52821 5274 TRAINING & DEVELOPMENT 26556 24145 2411 DUES & SUBSCRIPTIONS 16477 14982 1495 2077 1887 190 5728907 4679409 1049498 0 477015 219612 8871 59052 253153 231891 9285247 8163088 701313 1122159 810043 862979 2250395 2495693 550147 646319 883408 908187 1433555 1554506 X 816840 941187 816840 941187 2250395 2495693 124347 0 X X 0 1 X 1 0 X X X 0 0 0 INCHARGE DEBT SOLUTIONS 330770440 7 1 1 1 5632729 INCHARGE EDUCATION FOUNDATION 200152720 11B, TYPE II 0 1 1 105290 2 5738019 331173 169401 161772 8935323 7974936 960387 18751 18751 0 1122159 DEFERRED COMPENSATION 729703 SECURITY DEPOSITS 133276 862979 DEFERRED COMPENSATION 729703 DEFERRED RENT 178484 908187 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: ICI BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 0 1 0 0 0 0 0 0 0 ETTA W MONEY 0 215373 0 0 0 11282 0 45842 0 1380 0 273877 0 0 WILLIAM MALSEED 0 139858 0 0 0 58277 0 10501 0 1380 0 210016 0 39176 JODI MCGREGOR 0 174695 0 0 0 6770 0 26596 0 1680 0 209741 0 0 DAVID C JONES 0 0 0 0 59439 0 0 0 0 0 59439 0 59439 0 PART I, LINE 4B ICI HAS A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN KEY EXECUTIVES. UNDER THE DEFERRED COMPENSATION PLAN, ICI HAS DEFERRED PORTIONS OF THE PARTICIPATING EXECUTIVES' COMPENSATION. THE COMPENSATION BALANCE IS PAYABLE UPON 100% VESTING IN THE PLAN. THE DEFERRED COMPENSATION HAS BEEN INVESTED IN ANNUITY POLICIES. DAVID C. JONES RECEIVES MONTHLY PAYOUTS FROM THIS ANNUITY-BASED DEFERRED COMPENSATION PLAN. DURING 2012, WILLIAM MALSEED, TREASURER, RECEIVED A NON-QUALIFIED DISTRIBUTION OF $42,675. SUPPLEMENTAL INFORMATION PART III PART I, QUESTION 3: THE COMPENSATION COMMITTEE OF INCHARGE DEBT SOLUTIONS, AN AFFILIATED ENTITY, PERFORMS THE FOLLOWING TO ESTABLISH THE COMPENSATION OF INCHARGE INSTITUTE OF AMERICA'S CEO/EXECUTIVE DIRECTOR: 1) ENGAGES THE SERVICES OF AN INDEPENDENT COMPENSATION CONSULTANT 2) REVIEWS THE FORM 990 OF OTHER ORGANIZATIONS 3) SOLICITS A COMPENSATION SURVEY OR STUDY 4) SEEKS APPROVAL OF COMPENSATION BY THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION A, LINE 4 IN FEBRUARY 2012, THE ORGANIZATIONAL STRUCTURE WAS CHANGED. ICI IS NO LONGER THE SOLE MEMBER OF IDS. HOWEVER, ICI AND THE FOUNDATION ARE STILL ORGANIZED FOR THE BENEFIT OF, AND HOLD THEIR RESPECTIVE TAX-EXEMPT STATUSES AS SUPPORT ORGANIZATIONS TO IDS, AND BOTH ICI AND THE FOUNDATION PROVIDE SUPPORT SERVICES TO IDS UNDER SEPARATE AGREEMENTS. FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF FINANCE, TREASURER, AUDIT COMMITTEE, AND THE PRESIDENT & CEO REVIEW AND APPROVE THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST ON A CONFLICT OF INTEREST FORM THAT IS COMPLETED ANNUALLY. POTENTIAL CONFLICTS ARE TO BE REPORTED TO THE ORGANIZATION AS SOON AS KNOWN. FOLLOW UP IS PERFORMED TO ENSURE ALL CONFLICT OF INTEREST FORMS ARE RECEIVED. FORM 990, PART VI, SECTION B, LINE 15 INCHARGE DEBT SOLUTIONS, AN AFFILIATED ENTITY, HAS A SEPARATE BOARD APPOINTED COMPENSATION COMMITTEE THAT DETERMINES THE SALARY OF THE OFFICERS OF INCHARGE INSTITUTE OF AMERICA ON AN ANNUAL BASIS. SALARY COMPARABILITY DATA AND PERFORMANCE IS REVIEWED FOR OFFICERS ANNUALLY. ON A REGULAR BASIS, AN INDEPENDENT COMPENSATION CONSULTANT MAY BE USED TO PERFORM A COMPENSATION SURVEY OR STUDY. KEY EMPLOYEES MAY RECEIVE INCREASES AND ARE ELIGIBLE FOR INCREASES BASED ON PERFORMANCE. PERIODICALLY, KEY EMPLOYEES' SALARIES ARE COMPARED TO MARKET DATA. THE LAST COMPENSATION REVIEW WAS CONDUCTED IN JANUARY - FEBRUARY 2013. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AS VALID REQUESTS ARE RECEIVED. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE OF INCHARGE DEBT SOLUTIONS, AN AFFILIATED ENTITY, IS RESPONSIBLE FOR SELECTING AN INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT OF INCHARGE INSTITUTE OF AMERICA'S FINANCIAL STATEMENTS ON AN ANNUAL BASIS. THE PROCESS HAS NOT CHANGED DURING THE TAX YEAR. INCHARGE DEBT SOLUTIONS 5750 MAJOR BLVD SUITE 300 ORLANDO FL 32819 330770440 FINANCIAL COUNSELING NV 501(C)(3) LINE 7 N/A 0 INCHARGE EDUCATION FOUNDATION INC 5750 MAJOR BLVD SUITE 310 ORLANDO FL 32819 200152720 DEVELOP FINANCIAL EDUCATIONAL MATERIALS AND RESOURCES DE 501(C)(3) LINE 11B, II INCHARGE INSTITUTE OF AMERICA INC 1 NATIONAL CREDIT COUNSELING SERVICES INC 5750 MAJOR BLVD SUITE 300 ORLANDO FL 32819 521799746 DISSOLVED IN 2012 MD INCHARGE INSTIUTE OF AMERICA INC C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 INCHARGE DEBT SOLUTIONS L 5632729 USAGE INCHARGE EDUCATION FOUNDATION INC L 105290 USAGE INCHARGE EDUCATION FOUNDATION INC N 38045 USAGE INCHARGE DEBT SOLUTIONS N 418856 USAGE INCHARGE DEBT SOLUTIONS S 7047813 CASH INCHARGE EDUCATION FOUNDATION INC S 219437 CASH INCHARGE DEBT SOLUTIONS Q 973336 CASH INCHARGE EDUCATION FOUNDATION INC Q 68993 CASH