Civic Intelligence

Springshire Retirement Community Inc.

990 • Fiscal year 2020 • EIN 20-0715202

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileWWW.SPRINGSHIRE.ORG
230 North Elm StreetGreensboro, NC 27401

(336) 271-2561

Siviq Scores

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

Liabilities / Assets

100th percentile

5.77x

Higher debt load relative to assets than 100% of similar nonprofits.

2020 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

1517.94x

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

2020 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2020

Net Margin

1st percentile

-14388%

Higher net margin than 1% of similar nonprofits.

2020 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • NTEE L22 • $1M-$5M nonprofits • Source year 2020

Asset Growth

1st percentile

-66%

Faster asset growth than 1% of similar nonprofits.

2020 filings • NTEE L22 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$4,110,576

Down $7,812,943 (-66%) from 2019

Net Assets

Down

-$19,595,079

Down $8,581,554 (-78%) from 2019

Liabilities

Up

$23,705,655

Up $768,611 (+3.4%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin1st percentile

Revenue

Up

$15,617

Up $15,617 from 2019

Expenses

Up

$2,262,518

Up $1,336,589 (+144%) from 2019

Net Income

Down

-$2,246,901

Down $1,320,972 (-143%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$40M$20M$0-$20MAssets 2011: $2,721,730Liabilities 2011: $7,723,321Net Assets 2011: -$5,001,5912011Assets 2012: $2,481,367Liabilities 2012: $8,800,818Net Assets 2012: -$6,319,4512012Assets 2013: $2,326,087Liabilities 2013: $10,158,052Net Assets 2013: -$7,831,9652013Assets 2014: $2,273,738Liabilities 2014: $11,850,805Net Assets 2014: -$9,577,0672014Assets 2015: $8,901,092Liabilities 2015: $15,051,631Net Assets 2015: -$6,150,5392015Assets 2016: $10,675,327Liabilities 2016: $16,829,446Net Assets 2016: -$6,154,1192016Assets 2017: $12,470,563Liabilities 2017: $18,629,919Net Assets 2017: -$6,159,3562017Assets 2018: $10,688,170Liabilities 2018: $20,775,766Net Assets 2018: -$10,087,5962018Assets 2019: $11,923,519Liabilities 2019: $22,937,044Net Assets 2019: -$11,013,5252019Assets 2020: $4,110,576Liabilities 2020: $23,705,655Net Assets 2020: -$19,595,0792020Assets 2021: $7,608,318Liabilities 2021: $18,325,000Net Assets 2021: -$10,716,6822021Assets 2022: $13,119,434Liabilities 2022: $23,825,000Net Assets 2022: -$10,705,5662022Assets 2023: $13,209,902Liabilities 2023: $23,825,000Net Assets 2023: -$10,615,0982023Assets 2024: $13,228,935Liabilities 2024: $23,825,000Net Assets 2024: -$10,596,0652024

Highlighted filing

2020

Assets$4,110,576
Liabilities$23,705,655
Net Assets-$19,595,079
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MRevenue 2011: $0Expenses 2011: $1,150,710Net Income 2011: -$1,150,7102011Revenue 2012: $0Expenses 2012: $1,317,860Net Income 2012: -$1,317,8602012Revenue 2013: $0Expenses 2013: $1,512,514Net Income 2013: -$1,512,5142013Revenue 2014: $0Expenses 2014: $1,745,102Net Income 2014: -$1,745,1022014Revenue 2015: $12,860Expenses 2015: $2,311Net Income 2015: $10,5492015Revenue 2016: $0Expenses 2016: $3,580Net Income 2016: -$3,5802016Revenue 2017: $0Expenses 2017: $5,237Net Income 2017: -$5,2372017Revenue 2018: $0Expenses 2018: $1,190,808Net Income 2018: -$1,190,8082018Revenue 2019: $0Expenses 2019: $925,929Net Income 2019: -$925,9292019Revenue 2020: $15,617Expenses 2020: $2,262,518Net Income 2020: -$2,246,9012020Revenue 2021: $8,880,419Expenses 2021: $2,022Net Income 2021: $8,878,3972021Revenue 2022: $13,138Expenses 2022: $2,022Net Income 2022: $11,1162022Revenue 2023: $109,243Expenses 2023: $2,022Net Income 2023: $107,2212023Revenue 2024: $12,711Expenses 2024: $2,022Net Income 2024: $10,6892024

Highlighted filing

2020

Revenue$15,617
Expenses$2,262,518
Net Income-$2,246,901
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$15,617
Mission and Program Overview

Mission

The exempt purpose is to be a full service continuing care retirement community designed to meet the special needs of the elderly for housing, health care services and financial security.

The exempt purpose is to be a full service retirement community designed to meet the special needs of the elderly for housing, health care services and financial security.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,466,696$1,464,674▼ $2,022
Savings and Temporary Cash Investments$1,153,017$16,794▼ $1,136,223
Accounts Receivable$738$119▼ $619
Total Assets$5,588,866$4,110,576▼ $1,478,290
Other Assets Total$2,968,415$2,628,989▼ $339,426
Liabilities
Tax Exempt Bond Liabilities$13,194,457$14,825,000▲ $1,630,543
Accounts Payable and Accrued Expenses$5,164,921$5,375,222▲ $210,301
Other Liabilities$4,577,666$3,505,433▼ $1,072,233
Total Liabilities$22,937,044$23,705,655▲ $768,611
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-17,348,178$-19,595,079▼ $2,246,901
Total Net Assets Fund Balance$-17,348,178$-19,595,079▼ $2,246,901
Total Liabilities and Net Assets / Fund Balance$5,588,866$4,110,576▼ $1,478,290

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,420,107-$1,420,107
Equipment$44,567$64,012$108,579
Other Assets Org$385--
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

NameTitle
GEORGE O'GARROChairman
Ken WalkerBoard Member
Patience SingletonBoard Member
Dietrich M EvegeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$13,088
Other Revenue
$2,529
Change in Net Assets
$-2,246,901

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,617
Total Revenue per Audited Statements
$15,617
Total Revenue per Form 990
$15,617
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,262,518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$1,870,264-$1,870,264
Fees for Services Legal-$216,428-$216,428
Office Expenses-$18,667-$18,667
Fees for Services Other-$13,672-$13,672
Insurance-$2,372-$2,372
Advertising-$2,188-$2,188
Depreciation Depletion-$2,022-$2,022
Fees for Services Accounting-$1,386-$1,386
Other Expenses-$507-$507
Travel-$70-$70
Total Functional Expenses$0$2,262,518$0$2,262,518

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,262,518
Total Expenses per Audited Statements$2,262,518
Total Expenses per Form 990$2,262,518
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable$3,344,093
Loan Payable to Rla$161,340

Bond Issues

BondIssuerIssuedIssue PricePurpose
APublic Finance Authority2015-12-30$14,825,000Purpose is to fund the pre-construction costs and expenses related to the development of a continuin

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$8,356,260$3,085,826-$712,999

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board reviews prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The board is responsible for ensuring there are no conflicts of interest with board members. Board members complete annual conflict of interest statements.”

Form 990, Page 6, Part VI, Line 19

“Documents available upon request only”

Filing and Contact Details

Filer

Filer Name
Springshire Retirement Community
EIN
20-0715202
Address
230 NORTH ELM STREET, GREENSBORO, NC 27401

Signing Officer

Name
GEORGE O'GARRO
Title
Chairman
Signed
2021-11-15

Organization Details

Principal Officer
GEORGE O'GARRO
Formed
2004
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
James a Lucas and Company Llp
Address
4909 WESTERN BLVD STE 200, RALEIGH, NC 27606
Preparer
Joellen H Wilkes
Phone
9198514696
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is a non profit and therefore is a disregarded entity for income tax purposes. Accordingly, the organization's current year financial statements do not reflect a provision or liability for federal and state income taxes. The organization has determined that it does not have any material unrecognized tax benefits or obligations as of december 31, 2020. Springshire retirement community, inc.'s federal exempt organization business income tax returns (form 990) for 2017, 2018 and 2019 are subject to examination by the irs, generally for three years after they were filed.”

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NON PROFIT AND THEREFORE IS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES. ACCORDINGLY, THE ORGANIZATION'S CURRENT YEAR FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2020. SPRINGSHIRE RETIREMENT COMMUNITY, INC.'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2017, 2018 AND 2019 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01464674
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02628989
IRS990ScheduleD/TotalExpensesPerForm990Amt02262518
IRS990ScheduleD/TotalLiabilityAmt03505433
IRS990ScheduleD/TotalRevenuePerForm990Amt015617
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015617
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02262518
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0true
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0PUBLIC FINANCE AUTHORITY THE DIFFERENCE IN THE ISSUE PRICE AND THE PROCEEDS OF ISSUE IS THE DISCOUNT OF 6,468,740.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1PUBLIC FINANCE AUTHORITY PURPOSE IS TO FUND THE PRE-CONSTRUCTION COSTS AND EXPENSES RELATED TO THE DEVELOPMENT OF A CONTINUING CARE RETIREMENT FACILITY IN GREENVILLE, NC
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0DIFFERENCES IN ISSUE PRICE EXPLANATION
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-12-30
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0273866124
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum074444VAA8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt014825000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0PUBLIC FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0PURPOSE IS TO FUND THE PRE-CONSTRUCTION COSTS AND EXPENSES RELATED TO THE DEVELOPMENT OF A CONTINUIN
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt04186515
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0712999
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt03085826
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02015
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt08356260
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD IS RESPONSIBLE FOR ENSURING THERE ARE NO CONFLICTS OF INTEREST WITH BOARD MEMBERS. BOARD MEMBERS COMPLETE ANNUAL CONFLICT OF INTEREST STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE UPON REQUEST ONLY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0SPRINGSHIRE RETIREMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0200715337
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0LIFE CARE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt02304 WESVILL COURT SUITE 310
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0RALEIGH
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd027607
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt013194457
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt014825000
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05588866
IRS990/TotalAssetsEOYAmt04110576
IRS990/TotalAssetsGrp/BOYAmt05588866
IRS990/TotalAssetsGrp/EOYAmt04110576
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02262518
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02262518
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022937044
IRS990/TotalLiabilitiesEOYAmt023705655
IRS990/TotalLiabilitiesGrp/BOYAmt022937044
IRS990/TotalLiabilitiesGrp/EOYAmt023705655
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-17348178
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-19595079
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015617
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt015617
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05588866
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04110576
IRS990/TravelGrp/ManagementAndGeneralAmt070
IRS990/TravelGrp/TotalAmt070
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01030 HARTZELL STREET
IRS990/USAddress/CityNm0PACIFIC PALISADES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090272
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.SPRINGSHIRE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE O'GARRO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPRINGSHIRE RETIREMENT COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0SPRI
ReturnHeader/Filer/EIN0200715202
ReturnHeader/Filer/USAddress/AddressLine1Txt0230 NORTH ELM STREET
ReturnHeader/Filer/USAddress/CityNm0GREENSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027401
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561137607
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES A LUCAS AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04909 WESTERN BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027606
ReturnHeader/PreparerPersonGrp/PhoneNum09198514696
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOELLEN H WILKES
ReturnHeader/ReturnTs02021-11-15T13:55:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEORGE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OGARRO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,110,576
Liabilities
$23,705,655
Net assets
-$19,595,079
Revenue
$15,617
Expenses
$2,262,518
Net income
-$2,246,901
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$23.8$10.6$0.01$0.00$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$23.8$10.6$0.11$0.00$0.11
2022Detailed filing. Detailed filing data is available for this year.$13.1$23.8$10.7$0.01$0.00$0.01
2021Detailed filing. Detailed filing data is available for this year.$7.61$18.3$10.7$8.88$0.00$8.88
2020Detailed filing. Detailed filing data is available for this year.$4.11$23.7$19.6$0.02$2.26$2.25
2019Detailed filing. Detailed filing data is available for this year.$11.9$22.9$11.0$0.00$0.93$0.93
2018Detailed filing. Detailed filing data is available for this year.$10.7$20.8$10.1$0.00$1.19$1.19
2017Detailed filing. Detailed filing data is available for this year.$12.5$18.6$6.16$0.00$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$10.7$16.8$6.15$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$8.90$15.1$6.15$0.01$0.00$0.01
2014Summary only. Only limited summary data is available for this year.$2.27$11.9$9.58$0.00$1.75$1.75
2013Summary only. Only limited summary data is available for this year.$2.33$10.2$7.83$0.00$1.51$1.51
2012Summary only. Only limited summary data is available for this year.$2.48$8.80$6.32$0.00$1.32$1.32
2011Summary only. Only limited summary data is available for this year.$2.72$7.72$5.00$0.00$1.15$1.15