Civic Intelligence

Team Ecco Inc.

990EZ • Fiscal year 2022 • EIN 20-0260187

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

511 N Main StreetHendersonville, NC 28792

(828) 692-8386

Siviq Scores

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

Liabilities / Assets

98th percentile

3.64x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.65x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Net Margin

20th percentile

-19%

Higher net margin than 20% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$9,628

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2022 filings • NTEE C • <$500k nonprofits • Source year 2022

Asset Growth

34th percentile

-5.7%

Faster asset growth than 34% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

66th percentile

30%

Faster revenue growth than 66% of similar nonprofits.

2022 filings • NTEE C • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$30,358

Down $1,824 (-5.7%) from 2021

Net Assets

Down

-$80,068

Down $32,778 (-69%) from 2021

Liabilities

Up

$110,426

Up $30,954 (+39%) from 2021

Revenue

Up

$168,740

Up $38,535 (+30%) from 2021

Expenses

Up

$201,518

Up $66,838 (+50%) from 2021

Net Income

Down

-$32,778

Down $28,303 (-632%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50K-$100KAssets 2010: $5,998Liabilities 2010: $6,413Net Assets 2010: -$4152010Assets 2011: $44,340Liabilities 2011: $26,618Net Assets 2011: $17,7222011Assets 2012: $47,235Liabilities 2012: $47,633Net Assets 2012: -$3982012Assets 2013: $53,509Liabilities 2013: $50,890Net Assets 2013: $2,6192013Assets 2014: $50,596Liabilities 2014: $57,5712014Assets 2015: $39,965Liabilities 2015: $57,911Net Assets 2015: -$17,9462015Assets 2016: $73,198Liabilities 2016: $55,376Net Assets 2016: $17,8222016Assets 2017: $103,105Liabilities 2017: $54,425Net Assets 2017: $48,6802017Assets 2018: $59,438Liabilities 2018: $66,657Net Assets 2018: -$7,2192018Assets 2019: $41,757Liabilities 2019: $62,926Net Assets 2019: -$21,1692019Assets 2020: $40,818Liabilities 2020: $83,633Net Assets 2020: -$42,8152020Assets 2021: $32,182Liabilities 2021: $79,472Net Assets 2021: -$47,2902021Assets 2022: $30,358Liabilities 2022: $110,426Net Assets 2022: -$80,0682022Assets 2023: $43,853Liabilities 2023: $94,187Net Assets 2023: -$50,3342023Assets 2024: $30,803Liabilities 2024: $91,322Net Assets 2024: -$60,5192024

Highlighted filing

2022

Assets$30,358
Liabilities$110,426
Net Assets-$80,068

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $49,292Expenses 2010: $52,077Net Income 2010: -$2,7852010Revenue 2011: $78,214Expenses 2011: $60,077Net Income 2011: $18,1372011Revenue 2012: $66,490Expenses 2012: $84,542Net Income 2012: -$18,0522012Revenue 2013: $69,905Expenses 2013: $66,869Net Income 2013: $3,0362013Revenue 2014: $78,396Expenses 2014: $87,990Net Income 2014: -$9,5942014Revenue 2015: $82,581Expenses 2015: $93,552Net Income 2015: -$10,9712015Revenue 2016: $164,163Expenses 2016: $128,395Net Income 2016: $35,7682016Revenue 2017: $148,198Expenses 2017: $117,340Net Income 2017: $30,8582017Revenue 2018: $99,959Expenses 2018: $155,858Net Income 2018: -$55,8992018Revenue 2019: $75,310Expenses 2019: $89,260Net Income 2019: -$13,9502019Revenue 2020: $92,674Expenses 2020: $114,320Net Income 2020: -$21,6462020Revenue 2021: $130,205Expenses 2021: $134,680Net Income 2021: -$4,4752021Revenue 2022: $168,740Expenses 2022: $201,518Net Income 2022: -$32,7782022Revenue 2023: $204,091Expenses 2023: $174,357Net Income 2023: $29,7342023Revenue 2024: $169,186Expenses 2024: $179,371Net Income 2024: -$10,1852024

Highlighted filing

2022

Revenue$168,740
Expenses$201,518
Net Income-$32,778
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$168,740
Mission and Program Overview

Mission

To teach students from 3rd grade to adulthood: marine and maritime awareness focused on science while integrating math, history, geography, visual and language arts. Our mission is designed to foster stewardship, develop leadership, and build friendship-all life skills critical to team work.

Program Services

DescriptionGrantsExpenses
IN 2022 WE HELD OVER 170 CLASSES AND HELPED OVER 6,275 STUDENTS WITH EDUCATION AND INSTRUCTION IN MARITIME AND MARINE SCIENCES AND ACTIVITIES, ENCOURAGING STEWARDSHIP AND LEADERSHIP SKILL DEVELOPMENT THROUGH HANDS ON ACTIVITIES.-$199,654
IN 2022 WE HELD OVER 170 CLASSES AND HELPED OVER 6,275 STUDENTS WITH EDUCATION AND INSTRUCTION IN MARITIME AND MARINE SCIENCES AND ACTIVITIES, ENCOURAGING STEWARDSHIP AND LEADERSHIP SKILL DEVELOPMENT THROUGH HANDS ON ACTIVITIES.-$1,864
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KINSLEY BOYETTEDirectorPT$9,628-$9,628
KATHY KANUPPTreasurer-$0--
BRENDA RAMERPresidentFT$0--
GARRETT TAYLORDirector-$0--
KIM SIMMONSDirector-$0--
KARENT TAYLORDirector-$0--
JENNIFER MITCHELLDirector-$0--
AMBER MCCLEERYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Team Ecco Inc
EIN
20-0260187
Phone
8286928386
Address
511 N MAIN STREET, HENDERSONVILLE, NC 28792

Signing Officer

Name
Brenda Ramer
Title
President
Phone
8286928386
Signed
2023-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Mitchell CPA Pllc
Address
136 S KING STREET SUITE F, HENDERSONVILLE, NC 28792
Preparer
Sean E Mitchell
Phone
8282319869
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,578 office expense 570 travel 20,199 interest 241 insurance 695 bank service charges 1,334 contracted services 200 fish supplies 73,405 repairs 5,997 computer expense 2,683 taxes 4,547 donations 1,500 non-investment depreciation 3,777 total 116,726

Form 990-ez, Part II, Line 24

Inventories for sale or use 1,000 1,000 103,578 103,578 less accumulated depreciation 75,626 79,403 total 28,952 25,175

Form 990-ez, Part II, Line 26

Credit card payable 38,528 31,754 payroll liabilities 2,428 3,330 sales tax payable 0 626 ppp loan 5,700 0 sba loan 13,100 55,000 loans from officers 19,716 19,716

Form 990-ez, Part III

To teach students from 3rd grade to adulthood: marine and maritime awareness focused on science while integrating math, history, geography, visual and language arts. Our mission is designed to foster stewardship, develop leadership, and build friendship-all life skills critical to team work.

Form 990-ez, Part III, Line 28

In 2022 we held over 170 classes and helped over 6,275 students with education and instruction in maritime and marine sciences and activities, encouraging stewardship and leadership skill development through hands on activities.

Form 990-ez, Part III, Line 31

In 2022 we held over 170 classes and helped over 6,275 students with education and instruction in maritime and marine sciences and activities, encouraging stewardship and leadership skill development through hands on activities.

Raw XML Appendix212 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,578 OFFICE EXPENSE 570 TRAVEL 20,199 INTEREST 241 INSURANCE 695 BANK SERVICE CHARGES 1,334 CONTRACTED SERVICES 200 FISH SUPPLIES 73,405 REPAIRS 5,997 COMPUTER EXPENSE 2,683 TAXES 4,547 DONATIONS 1,500 NON-INVESTMENT DEPRECIATION 3,777 TOTAL 116,726
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INVENTORIES FOR SALE OR USE 1,000 1,000 103,578 103,578 LESS ACCUMULATED DEPRECIATION 75,626 79,403 TOTAL 28,952 25,175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD PAYABLE 38,528 31,754 PAYROLL LIABILITIES 2,428 3,330 SALES TAX PAYABLE 0 626 PPP LOAN 5,700 0 SBA LOAN 13,100 55,000 LOANS FROM OFFICERS 19,716 19,716
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO TEACH STUDENTS FROM 3RD GRADE TO ADULTHOOD: MARINE AND MARITIME AWARENESS FOCUSED ON SCIENCE WHILE INTEGRATING MATH, HISTORY, GEOGRAPHY, VISUAL AND LANGUAGE ARTS. OUR MISSION IS DESIGNED TO FOSTER STEWARDSHIP, DEVELOP LEADERSHIP, AND BUILD FRIENDSHIP-ALL LIFE SKILLS CRITICAL TO TEAM WORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN 2022 WE HELD OVER 170 CLASSES AND HELPED OVER 6,275 STUDENTS WITH EDUCATION AND INSTRUCTION IN MARITIME AND MARINE SCIENCES AND ACTIVITIES, ENCOURAGING STEWARDSHIP AND LEADERSHIP SKILL DEVELOPMENT THROUGH HANDS ON ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IN 2022 WE HELD OVER 170 CLASSES AND HELPED OVER 6,275 STUDENTS WITH EDUCATION AND INSTRUCTION IN MARITIME AND MARINE SCIENCES AND ACTIVITIES, ENCOURAGING STEWARDSHIP AND LEADERSHIP SKILL DEVELOPMENT THROUGH HANDS ON ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAMER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.91$0.61$1.69$1.79$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.94$0.50$2.04$1.74$0.30
2022Detailed filing. Detailed filing data is available for this year.$0.30$1.10$0.80$1.69$2.02$0.33
2021Detailed filing. Detailed filing data is available for this year.$0.32$0.79$0.47$1.30$1.35$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.84$0.43$0.93$1.14$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.63$0.21$0.75$0.89$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.67$0.07$1.00$1.56$0.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.54$0.49$1.48$1.17$0.31
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.55$0.18$1.64$1.28$0.36
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.58$0.18$0.83$0.94$0.11
2014Summary only. Only limited summary data is available for this year.$0.51$0.58$0.78$0.88$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.51$0.03$0.70$0.67$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.48$0.00$0.66$0.85$0.18
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.27$0.18$0.78$0.60$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.00$0.49$0.52$0.03