Options INC EIN 58-1599166

Options INC FY2020 filing

EIN  58-1599166 Public charity (501(c)(3)) Morganton, NC Founded 1984
Form 990 (PDF)
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Size
$100K–1M
What they do
Helps crime victims navigate the justice system with support and advocacy.
Leadership
Kristy Graf · Executive Director · $48K
Money in and out
$463K revenue, $441K expenses
Bottom line
81% program efficiency

Helps crime victims navigate the justice system with support and advocacy. For fiscal year 2020 it reported $463K in revenue, $441K in expenses, and $490K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$463K
Pt VIII · Ln 12
Total expenses
$441K
Pt IX · Ln 25
Net assets
$490K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $22K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.19
Program efficiency
81%
of spending reaches programs
Operating runway
7.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$463K
FY2020
Expenses
$441K
FY2020
Total assets
$550K
FY2020
Total liabilities
$60K
FY2020
Total revenue
$463K
Pt VIII · Ln 12
Total expenses
$441K
Pt IX · Ln 25
Net assets
$490K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$22K
Total assetsPt X · Ln 16$550K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $356K of program spending, described in the organization's own filed words · FY2019.
01

Assist victims of crime by providing victims with support and information. Services include 24 HR hotline, victim stabilization and resource mobilization, safe shelter, and counseling

$356Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COptions INC
EINHdr · item D58-1599166
Principal addressHdr · item CMorganton, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1984
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1985

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$48,263Pt VII · Sec A
1st Vice President
$0Pt VII · Sec A
2nd Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Kristy Graf$70,785$63,209$55,325$52,823$49,298$48,263

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$448K · 97%
Other revenue$15K · 3%
Contributions & grants97%$448K
Other revenue3%$15K
— government grantsLn 1e$248K
Total revenueLn 12$463K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.19
Program services81%$356K
Management & general19%$85K
Total functional expensesLn 25$441K

Balance Sheet

Part X · end of year
CashLn 1$269K
Total assetsLn 16$550K
Total liabilitiesLn 26$60K
Total net assetsLn 32$490K
Months of cash on handcomputed7.3

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $269K · Operating expenses/yr $441K
7.3 months
Where the money goes
Program services
Program services $356K · Total expenses $441K
81%
Management & General
Management & general $85K · Total expenses $441K
19%
Fundraising
Fundraising $0 · Total expenses $441K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $201K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $448K · Total revenue $463K
97%
Government reliance
Government grants $248K · Total revenue $463K
54%
Earned-income share
Program service revenue $0 · Total revenue $463K
0%
Investment reliance
Investment income $0 · Total revenue $463K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $441K
0%
Growth & trend
Revenue growth (YoY)
This year $463K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $490K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $463K · Expenses $441K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $550K
Net-asset ratio
Net assets $490K · Total assets $550K
89%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $550K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Kristy Graf · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $48K · Total expenses $441K
11%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $265K · Total expenses $441K
60%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 19%
Fundraising cost ratio 0%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$586K revenue · ⤓ 990 PDF
FY2023$644K revenue · ⤓ 990 PDF
FY2022$547K revenue · ⤓ 990 PDF
FY2021$634K revenue · ⤓ 990 PDF
FY2020$463K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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