INCHARGE INSTITUTE OF AMERICA INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- INCHARGE INSTITUTE OF AMERICA INC (EIN 52-2196183)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-03
- IRS object ID
- 201242169349300014
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-03T10:27:15-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521853933 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RIBIS JONES & MARESCA PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10500 LITTLE PATUXENT PARKWAY 770 | AddressLine1 |
| City | COLUMBIA | City |
| State | MD | State |
| ZIP Code | 21044 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522196183 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INCHARGE INSTITUTE OF AMERICA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | INCH | NameControl |
| Phone | 4072917770 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5750 MAJOR BLVD NO 300 | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32819 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ETTA W MONEY | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 4072917770 | Phone |
| Date Signed | 2012-08-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID A JONES | Name |
| PTIN | P01361002 | PTIN |
| Phone | 4108840220 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ETTA W MONEY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5750 MAJOR BLVD STE 300 | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32819 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 274540 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.INCHARGE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | INCHARGE INSTITUTE OF AMERICA PROVIDES GENERAL AND ADMINISTRATIVE MANAGEMENT SUPPORT TO ITS AFFILIATED ENTITIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 7 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 57 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 20775 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 10355 | InvestmentIncomePriorYear |
| Investment Income Current Year | 20557 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1043009 | OtherRevenuePriorYear |
| Other Revenue Current Year | 248993 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1074139 | TotalRevenuePriorYear |
| Total Revenue Current Year | 269550 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1063250 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2993735 | OtherExpensePriorYear |
| Other Expenses Current Year | 444204 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4056985 | TotalExpensesPriorYear |
| Total Expenses Current Year | 444204 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2982846 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -174654 | RevenuesLessExpensesCY |
| Total Assets BOY | 2448335 | TotalAssetsBOY |
| Total Assets EOY | 2250395 | TotalAssetsEOY |
| Total Liabilities BOY | 1610177 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1433555 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 838158 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 816840 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | INCHARGE INSTITUTE OF AMERICA 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | INCHARGE INSTITUTE OF AMERICA'S 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. | Description |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 54 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 57 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 7 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INCHARGE INSTITUTE OF AMERICA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4072917770 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5750 MAJOR BLVD SUITE 300 | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32819 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer |
|---|---|---|---|---|---|---|---|
| ETTA W MONEY | |||||||
| PRESIDENT & CEO, TRUSTEE | 1.00 | X | X | 0 | 236596 | 58343 | |
| LONNIE M RITZER | |||||||
| TRUSTEE | 1.00 | X | 400 | 400 | 0 | ||
| NORRIS OVERTON | |||||||
| TRUSTEE | 1.00 | X | 400 | 400 | 0 | ||
| PETER W KENNEDY | |||||||
| TRUSTEE | 2.00 | X | 800 | 0 | 0 | ||
| RICHARD ANDERSON | |||||||
| TRUSTEE | 1.00 | X | 26971 | 400 | 0 | ||
| ROBERT J RUIZ | |||||||
| TRUSTEE | 1.00 | X | 500 | 500 | 0 | ||
| WILLIAM S NORMAN | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| WILLIAM MALSEED | |||||||
| TREASURER | 1.00 | X | 0 | 152615 | 21829 | ||
| JODI MCGREGOR | |||||||
| SECRETARY | 1.00 | X | 0 | 186523 | 28891 | ||
| DAVID C JONES | |||||||
| FORMER TRUSTEE AND OFFICER | 0.00 | 59439 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 88510 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 577434 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 109063 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| AETNA | |||||
| 151 FARMINGTON AVENUE | HARTFORD | CT | 06156 | MEDICAL INSURANCE | 1722080 |
| FIDELITY INVESTMENT CORP | |||||
| PO BOX 73307 | CHICAGO | IL | 60673 | PENSION PLAN | 953569 |
| EMERSON INVESTMENTS | |||||
| 370 CENTRE POINT CIRCLE SUITE 1136 | ALTAMONTE SPRINGS | FL | 32701 | LEASE OFFICE SPACE | 493128 |
| WHITEFORD TAYLOR & PRESTON | |||||
| SEVEN SAINT PAUL STREET | BALTIMORE | MD | 21202 | LEGAL SERVICES | 331844 |
| STRATEGIC PRODUCTS & SERVICES | |||||
| 300 LITTLETON ROAD | PARSIPPANY | NY | 07054 | IT MAINTENANCE | 158652 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 14 | NumberOfContractorsGT100K |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10746 | TotalRevenueColumn |
| Exclusion | $10,746 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 248993 | TotalRevenueColumn |
| Exclusion | $248,993 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 14801 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 4990 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 9811 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9811 | TotalRevenueColumn |
| Exclusion | $9,811 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 269550 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $269,550 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444204 | Total |
| Management And General | 444204 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444204 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 444204 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 376119 | BOY |
| EOY | 477015 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60058 | BOY |
| EOY | 8871 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 272324 | BOY |
| EOY | 253153 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 8541321 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 7840008 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 966815 | BOY |
| EOY | 701313 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 773019 | BOY |
| EOY | 810043 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2448335 | BOY |
| EOY | 2250395 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 751011 | BOY |
| EOY | 550147 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 859166 | BOY |
| EOY | 883408 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1610177 | BOY |
| EOY | 1433555 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 838158 | BOY |
| EOY | 816840 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 838158 | BOY |
| EOY | 816840 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2448335 | BOY |
| EOY | 2250395 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -174654 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 153336 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type3 Func Int | X | SupportingOrg509a3Type3FuncInt |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation (2 entries)
| EINEIN | Type Of OrganizationTypeOfOrganization | Listed In Governing DocListedInGoverningDoc | Supported Organization NotifiedSupportedOrganizationNotified | Organized In USOrganizedInUS | AmountAmount |
|---|---|---|---|---|---|
| INCHARGE DEBT SOLUTIONS | |||||
| 330770440 | 7 | 1 | 1 | 1 | $5,870,175 |
| INCHARGE EDUCATION FOUNDATION | |||||
| 200152720 | 11B, PART II | 0 | 1 | 1 | $1,000,027 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 2 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 6870202 | SumOfAmounts |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 331173 | OtherCostOrOtherBasis |
| Depreciation | 115074 | Depreciation |
| Book Value | 216099 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8191397 | OtherCostOrOtherBasis |
| Depreciation | 7706183 | Depreciation |
| Book Value | 485214 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18751 | OtherCostOrOtherBasis |
| Depreciation | 18751 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 701313 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED COMPENSATION | 676767 |
| SECURITY DEPOSITS | 133276 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 810043 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED COMPENSATION | $676,767 |
| DEFERRED RENT | $206,641 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 883408 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETTA W MONEY | |||||||||||||
| 0 | 217314 | 0 | 8000 | 0 | 11282 | 0 | 45814 | 0 | 12529 | 0 | 294939 | 0 | 0 |
| WILLIAM MALSEED | |||||||||||||
| 0 | 139515 | 0 | 8000 | 0 | 5100 | 0 | 20929 | 0 | 900 | 0 | 174444 | 0 | 0 |
| JODI MCGREGOR | |||||||||||||
| 0 | 175754 | 0 | 4000 | 0 | 6769 | 0 | 26382 | 0 | 2509 | 0 | 215414 | 0 | 0 |
| DAVID C JONES | |||||||||||||
| 0 | 0 | 0 | 0 | 59439 | 0 | 0 | 0 | 0 | 0 | 59439 | 0 | 59439 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | ICI HAS A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN KEY EXECUTIVES. UNDER THE DEFERRED COMPENSATION PLAN, ICI HAS DEFERRED PORTIONS OF THE PARTICIPATING EXECUTIVE'S 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. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| SHARPIRO SHER GUINOT & SANDLER | |||
| LONNIE RITZER IS ON THE BOARD OF ICI AND IS A PARTNER AT THIS LAW FIRM. | 37404 | LEGAL SERVICES | 0 |
| RICHARD ANDERSON | |||
| BOARD TRUSTEE | 26571 | CONSULTING SERVICES | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | EFFECTIVE AUGUST 11, 2011, THE BYLAWS OF INCHARGE INSTITUTE OF AMERICA WERE AMENDED TO REFLECT THE FOLLOWING: 1) DEFINITION OF INDEPENDENT TRUSTEE 2) PROVIDES FOR THE ELECTION OF A BOARD CHAIRPERSON BY THE INDEPENDENT MEMBERS OF THE BOARD AND DEFINES ASSOCIATED DUTIES OF THE CHAIR 3) CLARIFICATION OF TRUSTEE ELECTION AND REMOVAL PROCESS 4) PERMITS OFFICERS TO SERVE ON AN EXTERNAL BOARD WITH NOTICE TO THE CHAIR 5) CLARIFICATION OF BOARD COMMITTEE APPOINTMENT PROCESS | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE DIRECTOR OF FINANCE, TREASURER, AUDIT COMMITTEE, AND THE PRESIDENT & CEO OF INCHARGE INSTITUTE OF AMERICA 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 | THE ORGANIZATION HAS A SEPARATE BOARD APPOINTED COMPENSATION COMMITTEE THAT DETERMINES THE SALARY OF THE OFFICERS 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 EXCEPTIONAL PERFORMANCE INCREASES BASED ON PERFORMANCE. PERIODICALLY, KEY EMPLOYEES' SALARIES ARE COMPARED TO MARKET DATA. THE LAST COMPENSATION REVIEW WAS CONDUCTED IN JANUARY - FEBRUARY 2012. | |
| 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 VII | DAVID C. JONES - 7926 KIMBRO LANE, ORLANDO, FL 32818. | CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC |
| FORM 990, PART VII, SECTION A, COLUMN (B) AND FORM 990, PART IX | AVERAGE HOURS PER WEEK FOR RELATED ORGANIZATIONS: ETTA MONEY - INCHARGE DEBT SOLUTIONS, 47 HOURS; INCHARGE EDUCATION FOUNDATION, 2 HOURS. LONNIE M RITZER - INCHARGE DEBT SOLUTIONS, 1 HOUR. NORRIS OVERTON - INCHARGE EDUCATION FOUNDATION, 1 HOUR. RICHARD ANDERSON - INCHARGE EDUCATION FOUNDATION, 1 HOUR. ROBERT RUIZ - INCHARGE EDUCATION FOUNDATION, 1 HOUR. WILLIAM MALSEED - INCHARGE DEBT SOLUTIONS, 35 HOURS; INCHARGE EDUCATION FOUNDATION, 9. JODI MCGREGOR - INCHARGE DEBT SOLUTIONS, 37 HOURS; INCHARGE EDUCATION FOUNDATION, 7 HOURS. SINCE INCHARGE INSTITUTE'S MISSION IS TO PROVIDE MANAGEMENT AND OTHER FUNCTIONAL SUPPORT TO INCHARGE DEBT SOLUTIONS (IDS) AND INCHARGE EDUCATION FOUNDATION (ICEF), NEARLY ALL OF ITS OPERATING COSTS HAVE BEEN ALLOCATED TO THESE ENTITIES. ACCORDINGLY, AVERAGE HOURS REFLECTED IN SCHEDULE VII, ITEM (B) ARE MINIMAL AND ARE NET OF HOURS ALLOCATED IN SUPPORT OF IDS AND ICEF. | |
| FORM 990, PART XI, LINE 5: | CONTRIBUTED NET ASSETS FROM AFFILIATED ENTITIES 153,336. TOTAL TO FORM 990, PART XI, LINE 5: 153,336. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION'S AUDIT COMMITTEE IS RESPONSIBLE FOR SELECTING AN INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT OF ITS FINANCIAL STATEMENTS ON AN ANNUAL BASIS. THE PROCESS HAS NOT CHANGED DURING THE TAX YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| INCHARGE DEBT SOLUTIONS | ||||||||||
| 5750 MAJOR BLVD SUITE 175 | ORLANDO | FL | 32819 | 330770440 | FINANCIAL COUNSELING | NV | 501(C)(3) | LINE 7 | INCHARGE INSTITUTE OF AMERICA INC | 1 |
| 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 |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL CREDIT COUNSELING SERVICES INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5750 MAJOR BLVD SUITE 300 | AddressLine1 |
| City | ORLANDO | City |
| State | FL | State |
| ZIP Code | 32819 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521799746 | EIN |
| Primary Activity | DISSOLVED IN 2012 | PrimaryActivity |
| Legal Domicile State | MD | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INCHARGE INSTIUTE OF AMERICA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | C | TypeOfEntity |
| Percentage Ownership | 1.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (7 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| INCHARGE DEBT SOLUTIONS | ||
| K | 5870175 | USAGE |
| INCHARGE EDUCATION FOUNDATION INC | ||
| K | 1000027 | USAGE |
| INCHARGE EDUCATION FOUNDATION INC | ||
| M | 34810 | USAGE |
| INCHARGE DEBT SOLUTIONS | ||
| M | 364346 | USAGE |
| INCHARGE DEBT SOLUTIONS | ||
| R | 9572310 | CASH |
| INCHARGE EDUCATION FOUNDATION INC | ||
| R | 1839607 | CASH |
| NATIONAL CREDIT COUNSELING SERVICES INC | ||
| Q | 4001890 | CASH |