Xds INC FY2021 filing

Tax-deductible

Pittsboro, NC501(c)(3)Since 2004Mental HealthEIN 68-0582042

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To empower and assist people with multiple disabilities to live in the community of their choice, achieve personal responsibility, and gain an enhanced quality of life by providing an array of clinically appropriate, person-centered, and flexible treatment, rehabilitation, and support services to people with multiple disabilities.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $465K a year · 65% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
64 mo
of spending, in cash
Looks good: 64.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $5K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$763K
31% of total assets
Looks good: liabilities are 31% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$806K
+77% vs prior year
Spent
$159K
To programs
76%
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$806K
FY2021▲ +77%
Revenue by fiscal year
FY2020$454K
FY2021$806K
FY2022$1.1M
FY2023$566K
FY2024$444K
FY2025$965K
Expenses
$159K
FY2021▲ +4%
Expenses by fiscal year
FY2020$153K
FY2021$159K
FY2022$170K
FY2023$228K
FY2024$414K
FY2025$387K
Net assets
$1.7M
FY2021▲ +61%
Net assets by fiscal year
FY2020$1.1M
FY2021$1.7M
FY2022$2.6M
FY2023$2.9M
FY2024$3.0M
FY2025$3.6M

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2004.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $121K Management & general 24% · $38K

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.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer, Interim Chair
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A

Thava Mahadevan’s $14K as Executive Director is at the 7th percentile of top reported officer pay among 2095 $100K–1M mental health 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 · 1 named individual · Part VII

NameFY2024FY2023
Thava Mahadevan$13,525$5,050

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 15aYes

Programs and updates

Helps people with severe mental illness live longer, healthier, and more independent lives.

Provided by the organization

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1 program service account for $121K of program spending, described in the organization's own filed words · FY2021.
01

Provide an array of clinically appropriate, person-centered, and flexible treatment, rehabilitation, and support service to people with multiple disabilities.

$121Kprogram expense

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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 · FY2023
Total grants receivedfrom 2 funders$5K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$806K
Ln 12
Gifts and grantsLn 1h$724K
Fees for servicesLn 2g$81K
Investment incomeLn 3$85
Money outPt IX
$159K
Ln 25
Programscol B$121K
Managementcol C$38K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$848K
Total assetsLn 16$2.5M
LiabilitiesLn 26$763K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$724K
Fees for servicesLn 2g$81K
Investment incomeLn 3$85
Total revenueLn 12$806K
Assets in detailPt X, end of year
CashLn 1$229K
SavingsLn 2$620K
Cash and savings togetherLn 1–2$848K
Land, buildings, equipmentLn 10c$1.6M
Total assetsLn 16$2.5M
LiabilitiesLn 26$763K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$289K$848K
Land, buildings, equipmentLn 10c$1.1M$1.6M
Total assetsLn 16$1.4M$2.5M
LiabilitiesLn 26$341K$763K
Net assetsLn 32$1.1M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$34K$26K$9K
Advertising and promotionLn 12$92$92
Office expensesLn 13$2K$2K
Information technologyLn 14$301$301
OccupancyLn 16$11K$11K
TravelLn 17$999$999
InterestLn 20$10K$10K
Depreciation, depletion and amortizationLn 22$20K$20K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$64K$64K
Total functional expensesLn 25$159K$121K$38K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $965K$387K$578K$3.6M 990 PDF
FY2024 $444K$414K$31K$3.0M 990 PDF
FY2023 $566K$228K$338K$2.9M 990 PDF
FY2022 $1.1M$170K$898K$2.6M 990 PDF
FY2021 Viewing $806K$159K$647K$1.7M 990 PDF
FY2020 $454K$153K$301K$1.1M 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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $805,605 across 5 lines filed
VIII-1f All other contributions, gifts and grants$724,109
VIII-1h Total contributions, gifts and grants$724,109
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $81,411$81,411
VIII-3 Investment incomeExcluded from tax $85$85
VIII-12 Total revenueRelated to mission $81,411 · Unrelated business $0 · Excluded from tax $85$805,605
Part IX · Statement of functional expenses $159,081 across 11 lines filed
IX-11c Accounting feesManagement $7,664$7,664
IX-11g Other fees for servicesPrograms $25,620 · Management $8,788$34,408
IX-12 Advertising and promotionManagement $92$92
IX-13 Office expensesManagement $1,748$1,748
IX-14 Information technologyManagement $301$301
IX-16 OccupancyPrograms $11,322$11,322
IX-17 TravelPrograms $999$999
IX-20 InterestPrograms $9,784$9,784
IX-22 Depreciation, depletion and amortizationManagement $19,862$19,862
IX-23 InsurancePrograms $8,941$8,941
IX-24 Other expenses (24a–d)Programs $63,960$63,960
IX-25 Total functional expensesPrograms $120,626 · Management $38,455 · Fundraising $0$159,081
Part X · Balance sheet $2,474,983 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $81,651$228,780
X-2 Savings and temporary cash investmentsStart of year $206,946$619,696
X-4 Accounts receivableStart of year $2,000$2,000
X-10c Land, buildings and equipment, netStart of year $1,115,463$1,624,507
X-16 Total assetsStart of year $1,406,060$2,474,983
X-17 Accounts payable and accrued expensesStart of year $44,907$185,472
X-19 Deferred revenue$265,000
X-25 Other liabilitiesStart of year $13,390$45,405
X-26 Total liabilitiesStart of year $340,920$763,319
X-27 Net assets without donor restrictionsStart of year $1,065,140$1,711,664
X-32 Total net assets or fund balancesStart of year $1,065,140$1,711,664
X-33 Total liabilities and net assetsStart of year $1,406,060$2,474,983
Part XI · Reconciliation of net assets $1,711,664 net assets at year end
XI-1 Total revenue$805,605
XI-2 Total expenses$159,081
XI-3 Revenue less expenses$646,524
XI-4 Net assets at start of year$1,065,140
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,711,664

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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