Civic Intelligence

Spencer Partnership Inc

990EZ • Fiscal year 2024 • EIN 03-0410768

Jul 01, 2023 to Jun 30, 2024 • Filed on Dec 30, 2024

Organization ProfileN/A
PO Box 585Spencer, NC 28159

(704) 213-7747

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

25th percentile

-3.7%

Higher net margin than 25% of similar nonprofits.

2024 filings • NTEE S20 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2024 filings • NTEE S20 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-33%

Faster asset growth than 21% of similar nonprofits.

2024 filings • NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

13%

Faster revenue growth than 65% of similar nonprofits.

2024 filings • NTEE S20 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$8,663

Down $4,271 (-33%) from 2023

Net Assets

Down

$8,663

Down $4,271 (-33%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin25th percentile

Revenue

Up

$115,176

Up $13,302 (+13%) from 2023

Expenses

Down

$119,447

Down $6,766 (-5.4%) from 2023

Net Income

Up

-$4,271

Up $20,068 (+82%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2022: $37,273Liabilities 2022: $0Net Assets 2022: $37,2732022Assets 2023: $12,934Liabilities 2023: $0Net Assets 2023: $12,9342023Assets 2024: $8,663Net Assets 2024: $8,6632024Assets 2025: $36,843Net Assets 2025: $36,8432025

Highlighted filing

2024

Assets$8,663
Liabilities-
Net Assets$8,663
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2022: $112,258Expenses 2022: $78,276Net Income 2022: $33,9822022Revenue 2023: $101,874Expenses 2023: $126,213Net Income 2023: -$24,3392023Revenue 2024: $115,176Expenses 2024: $119,447Net Income 2024: -$4,2712024Revenue 2025: $150,891Expenses 2025: $122,711Net Income 2025: $28,1802025

Highlighted filing

2024

Revenue$115,176
Expenses$119,447
Net Income-$4,271
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 30, 2024
Return Version
2023v6.0
Gross Receipts
$115,176
Mission and Program Overview

Mission

To advance, promote and market the commercial, business, economic, residential, and civic development of the downtown area of spencer in whatever way and by such means as shall improve orderly growth and development

To advance, promote and market the commercial, business, economic, residential, and civic development of the downtown area of spencer in whatever way and by such means as shall

Program Services

DescriptionGrantsExpenses
PROVIDE HOLIDAY ENTERTAINMENT AND ENCOURAGEDOWNTOWN SPENCER ACTIVITY AND FELLOWSHIP$0$119,447
SUPPORTING AND SPONSORING RACE EVENTS TO ENCOURAGESPENCER RUNNING TRAILS$0$0
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAROLYN BARKERChairmanPT$0--
SHERRY MASON-BROWNCo ChairmanPT$0--
RITA SIMSTreasurerPT$0--
TYLER HOWESecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Spencer Partnership Inc
EIN
03-0410768
Phone
7042137747
Address
PO BOX 585, SPENCER, NC 28159

Signing Officer

Name
Rita Sims
Title
Treasurer
Phone
7042137747
Signed
2024-12-30
Discuss with paid preparer
Yes

Preparer

Firm
Scott Snider CPA Pa
Address
530 E Innes Street, Salisbury, NC 28144
Preparer
Scott Snider
Phone
7046385822
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“ADVERTISING 4408.”

Form 990EZ, Part I, Line 16

“Equipment and supplies 14475.”

Form 990EZ, Part I, Line 16

“VENUE SERVICES 27768.”

Form 990EZ, Part I, Line 16

“DONATIONS 270.”

Form 990EZ, Part I, Line 16

“SECURITY 3833.”

Form 990EZ, Part I, Line 16

“RENTAL SKATING 22875.”

Form 990EZ, Part I, Line 16

“MARKETING 2139.”

Form 990EZ, Part I, Line 16

“JANITORAL SERVICS 1500.”

Form 990EZ, Part I, Line 16

“CONTRACT LABOR 37887.”

Form 990EZ, Part I, Line 16

“PROFESSIONAL FEES 600.”

Form 990EZ, Part I, Line 16

“SALES TAX 58.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 381.”

Form 990EZ, Part I, Line 16

“SAFETY 1680.”

Form 990EZ, Part I, Line 16

“EQUIPMENT RENTAL 1573.”

Raw XML Appendix190 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0RITA SIMS
IRS990EZ/BooksInCareOfDetail/PhoneNum07042137747
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 585
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPENCER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028159
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012934
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08663
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0115176
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4271
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012934
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08663
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0115176
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt012934
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08663
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt012934
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08663
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CAROLYN BARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHERRY MASON-BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RITA SIMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TYLER HOWE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0119447
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO ADVANCE, PROMOTE AND MARKET THE COMMERCIAL, BUSINESS, ECONOMIC, RESIDENTIAL, AND CIVIC DEVELOPMENT OF THE DOWNTOWN AREA OF SPENCER IN WHATEVER WAY AND BY SUCH MEANS AS SHALL
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORTING AND SPONSORING RACE EVENTS TO ENCOURAGESPENCER RUNNING TRAILS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE HOLIDAY ENTERTAINMENT AND ENCOURAGEDOWNTOWN SPENCER ACTIVITY AND FELLOWSHIP
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1119447
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0119447
IRS990EZ/TotalProgramServiceExpensesAmt0119447
IRS990EZ/TotalRevenueAmt0115176
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0115176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0101874
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0110122
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0327172
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02135
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02135
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0329307
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115176
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0101874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0112257
IRS990ScheduleA/Total509Grp/TotalAmt0329307
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0329308
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 4408.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT AND SUPPLIES 14475.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VENUE SERVICES 27768.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DONATIONS 270.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SECURITY 3833.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RENTAL SKATING 22875.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MARKETING 2139.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7JANITORAL SERVICS 1500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CONTRACT LABOR 37887.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PROFESSIONAL FEES 600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10SALES TAX 58.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11OFFICE EXPENSE 381.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12SAFETY 1680.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13EQUIPMENT RENTAL 1573.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RITA SIMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07042137747
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPENCER PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0SPEN
ReturnHeader/Filer/EIN0030410768
ReturnHeader/Filer/PhoneNum07042137747
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 585
ReturnHeader/Filer/USAddress/CityNm0SPENCER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028159
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832511064
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT SNIDER CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0530 E Innes Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salisbury
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028144
ReturnHeader/PreparerPersonGrp/PhoneNum07046385822
ReturnHeader/PreparerPersonGrp/PreparationDt02025-01-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scott Snider
ReturnHeader/ReturnTs02025-01-16T10:34:06-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,663
Liabilities
-
Net assets
$8,663
Revenue
$115,176
Expenses
$119,447
Net income
-$4,271
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.37$0.37$1.51$1.23$0.28
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.09$1.15$1.19$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$1.02$1.26$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$1.12$0.78$0.34