Emerald Foundation INC FY2022 filing

Tax-deductible

Paducah, KY501(c)(3)Human ServicesEIN 61-1387977Revenue $335K in FY2022

On file with the IRSemeraldtherapycenter.com5050 Village Square Dr Ste B, 42001-7552 · Paducah, KYTax-exempt since May 2016Publicly supported — 509(a)(2)

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To provide therapy and counseling services to both children and adults who DO not have the financial resources to pay for their care.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$103K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $17K a year · 5% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$103K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $22K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$8K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$335K
+25% vs prior year
Spent
$314K
To programs
86%
Net assets
$19K
By yearFY2020–FY2024
Revenue
$335K
FY2022▲ +25%
Tap a bar for its year
Revenue by fiscal year
FY2020$252K
FY2021$267K
FY2022$335K
FY2023$501K
FY2024$0
FY2024$0
Expenses
$314K
FY2022▲ +16%
Tap a bar for its year
Expenses by fiscal year
FY2020$279K
FY2021$272K
FY2022$314K
FY2023$422K
FY2024Not on file
FY2024Not on file
Net assets
$19K
FY2022▲ +896%
Tap a bar for its year
Net assets by fiscal year
FY2020$2K
FY2021−$2K
FY2022$19K
FY2023$97K
FY2024$97K
FY2024$97K

From the FY2022 Form 990 (year ending June 2022) · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2010-11-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in May 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $268K Management & general 14% · $45K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $103K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$66,923Pt VII · Sec A
Director
$24,000Pt VII · Sec A
$12,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Shelly Baer’s $76K as President is at the 93rd percentile of top reported officer pay among 202 <$100K human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2023FY2022
Shelly Baer$75,577$66,923
Kevin Baer$36,000$24,000
Sarah McGee$12,000$12,000

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers free therapy and counseling to low-income children and adults.

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Provided by the organization

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1 program · $268K · in their own filed words · FY2021
01

Therapy and couseling services

$268Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$22K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$335K
Ln 12
Fees for servicesLn 2g$270K
Gifts and grantsLn 1h$65K
Money outPt IX
$314K
Ln 25
Programscol B$268K
Managementcol C$45K
Owns and owesPt X
$19K
net assets · Ln 32
Cash and savingsLn 1–2$24K
Total assetsLn 16$27K
LiabilitiesLn 26$8K
PeoplePt VI, VII
7
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$65K
Government grantsLn 1e$40K
Fees for servicesLn 2g$270K
Gains on assetsLn 7$0
Total revenueLn 12$335K
Assets in detailPt X, end of year
CashLn 1$24K
SavingsLn 2$0
Cash and savings togetherLn 1–2$24K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$27K
LiabilitiesLn 26$8K
Net assetsLn 32$19K
OperationsPt I, VI
EmployeesI 51
VolunteersI 610
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$4K$24K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$4K$27K
LiabilitiesLn 26$6K$8K
Net assetsLn 32−$2K$19K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$103K$72K$31K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$170K$170K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$6K$1K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$1K$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$25K$16K$9K
TravelLn 17$150$150
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$584$567$17
All other expensesLn 24e$0
Total functional expensesLn 25$314K$268K$45K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $0$97K 990 PDF
FY2023 $501K$422K$78K$97K 990 PDF
FY2022 Viewing $335K$314K$21K$19K 990 PDF
FY2021 $267K$272K−$4K−$2K 990 PDF
FY2020 $252K$279K−$26K$2K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $334,860 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,010$65,310
I-9 Program service revenuePrior year $256,185$269,550
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $267,195$334,860
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $222,900$278,329
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $48,724$35,566
I-18 Total expensesPrior year $271,624$313,895
I-19 Revenue less expensesPrior year −$4,429$20,965
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $334,860 across 10 lines filed
VIII-1e Government grants$40,000
VIII-1f All other contributions, gifts and grants$25,310
VIII-1h Total contributions, gifts and grants$65,310
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $269,550$269,550
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $269,550$334,860
Part IX · Statement of functional expenses $313,895 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $72,000 · Management $30,923$102,923
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $169,653$169,653
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,093 · Management $4,660$5,753
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,040$1,040
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $6,400$6,400
IX-13 Office expensesPrograms $2,192$2,192
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $16,380 · Management $8,820$25,200
IX-17 TravelPrograms $150$150
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $567 · Management $17$584
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $268,435 · Management $45,460 · Fundraising $0$313,895
Part X · Balance sheet $27,005 assets, 18 lines filed
Asset lines not itemized here account for $3,049; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $3,660$23,956
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $3,660$27,005
X-25 Other liabilities$2,380
X-26 Total liabilitiesStart of year $6,000$8,380
X-27 Net assets without donor restrictionsStart of year −$2,340$18,625
X-32 Total net assets or fund balancesStart of year −$2,340$18,625
X-33 Total liabilities and net assetsStart of year $3,660$27,005
Part XI · Reconciliation of net assets $18,625 net assets at year end
XI-1 Total revenue$334,860
XI-2 Total expenses$313,895
XI-3 Revenue less expenses$20,965
XI-4 Net assets at start of year−$2,340
XI-10 Net assets at end of year$18,625

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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