Civic Intelligence

Opera Carolina Endowment

990 • Fiscal year 2016 • EIN 20-2533756

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 02, 2017

Organization ProfileWWW.OPERACAROLINA.ORG
1600 Elizabeth AveCharlotte, NC 28204

(704) 332-7177

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

8.00x

Higher debt load relative to revenue than 99% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-3456%

Higher net margin than 1% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$125,162

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 4320.4% of source-year revenue.

2016 filings • NTEE A • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-2.4%

Faster asset growth than 33% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$2,924,609

Down $72,139 (-2.4%) from 2015

Net Assets

Down

$2,901,422

Down $72,701 (-2.4%) from 2015

Liabilities

Up

$23,187

Up $562 (+2.5%) from 2015

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Down

$2,897

Down $59,106 (-95%) from 2015

Expenses

Down

$103,016

Down $24,964 (-20%) from 2015

Net Income

Down

-$100,119

Down $34,142 (-52%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $2,315,010Liabilities 2012: $0Net Assets 2012: $2,315,0102012Assets 2013: $2,425,015Liabilities 2013: $0Net Assets 2013: $2,425,0152013Assets 2014: $3,086,003Liabilities 2014: $0Net Assets 2014: $3,086,0032014Assets 2015: $2,996,748Liabilities 2015: $22,625Net Assets 2015: $2,974,1232015Assets 2016: $2,924,609Liabilities 2016: $23,187Net Assets 2016: $2,901,4222016Assets 2017: $3,349,429Liabilities 2017: $23,280Net Assets 2017: $3,326,1492017Assets 2018: $3,662,476Liabilities 2018: $22,241Net Assets 2018: $3,640,2352018Assets 2019: $3,793,180Liabilities 2019: $21,557Net Assets 2019: $3,771,6232019Assets 2020: $4,003,076Liabilities 2020: $62,789Net Assets 2020: $3,940,2872020Assets 2021: $4,426,596Liabilities 2021: $0Net Assets 2021: $4,426,5962021Assets 2022: $4,163,276Liabilities 2022: $0Net Assets 2022: $4,163,2762022Assets 2023: $4,076,497Liabilities 2023: $0Net Assets 2023: $4,076,4972023Assets 2024: $3,902,772Liabilities 2024: $0Net Assets 2024: $3,902,7722024

Highlighted filing

2016

Assets$2,924,609
Liabilities$23,187
Net Assets$2,901,422
Open 2016 Filing

Operations Trend

Revenue Growth1st percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $64,785Expenses 2012: $75,367Net Income 2012: -$10,5822012Revenue 2013: $56,982Expenses 2013: $76,473Net Income 2013: -$19,4912013Revenue 2014: $596,790Expenses 2014: $143,070Net Income 2014: $453,7202014Revenue 2015: $62,003Expenses 2015: $127,980Net Income 2015: -$65,9772015Revenue 2016: $2,897Expenses 2016: $103,016Net Income 2016: -$100,1192016Revenue 2017: $560,600Expenses 2017: $203,428Net Income 2017: $357,1722017Revenue 2018: $357,800Expenses 2018: $76,801Net Income 2018: $280,9992018Revenue 2019: $155,888Expenses 2019: $59,280Net Income 2019: $96,6082019Revenue 2020: $275,087Expenses 2020: $85,846Net Income 2020: $189,2412020Revenue 2021: $264,517Expenses 2021: $100,529Net Income 2021: $163,9882021Revenue 2022: $16,145Expenses 2022: $0Net Income 2022: $16,1452022Revenue 2023: $61,912Expenses 2023: $150,207Net Income 2023: -$88,2952023Revenue 2024: $268,064Expenses 2024: $331,677Net Income 2024: -$63,6132024

Highlighted filing

2016

Revenue$2,897
Expenses$103,016
Net Income-$100,119
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 2, 2017
Return Version
2015v3.0
Gross Receipts
$2,897
Mission and Program Overview

Mission

To support the ongoing educational and cultural activities of opera carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,683,588$1,528,275▼ $155,313
Accounts Receivable$1,312,320$1,305,570▼ $6,750
Other Notes and Loans Receivable, Net-$90,100-
Cash and Non-Interest-Bearing Accounts$840$664▼ $176
Total Assets$2,996,748$2,924,609▼ $72,139
Liabilities
Accounts Payable and Accrued Expenses$22,625$23,187▲ $562
Total Liabilities$22,625$23,187▲ $562
Net Assets / Fund Balance
Unrestricted Net Assets$2,101,945$2,032,628▼ $69,317
Permanently Rstr Net Assets$815,288$815,288→ $0
Temporarily Rstr Net Assets$56,890$53,506▼ $3,384
Total Net Assets Fund Balance$2,974,123$2,901,422▼ $72,701
Total Liabilities and Net Assets / Fund Balance$2,996,748$2,924,609▼ $72,139

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,683,591$-172,624▲ $30,836-$1,528,289
2014$1,830,755$-145,501▲ $16,071-$1,683,591
2013$1,572,834$-7,067▲ $274,456-$1,830,755
2012$1,409,678$-18,472▲ $185,108-$1,572,834
2011$1,186,793$210,000▲ $26,557$9,877$1,409,678
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleOtherTotal
James MeenaPresident$125,162$125,162

Board Members and Trustees

NameTitle
Bill StatonDirector
George H Edmiston JrDirector
John SilviaDirector
Steve HershfieldDirector
Thomas HughesDirector
C Wells Hall IiiSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,897
Other Revenue
$0
Change in Net Assets
$-100,119

Audited Revenue Reconciliation

Revenue per Audited Statements
$-10,284
Revenue Not Reported on Financial Statements
$13,181
Revenue Not Reported on Form 990
$27,999
Total Revenue per Audited Statements
$17,715
Total Revenue per Form 990
$2,897
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$83,085
Other Expenses$19,931
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$83,085--$83,085
Fees for Service Investment Mgmnt Fees-$13,181-$13,181
Fees for Services Accounting-$6,750-$6,750
Total Functional Expenses$83,085$19,931$0$103,016

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$103,016
Total Expenses per Audited Statements$90,416
Expenses per Audited Statements$89,835
Expenses Not Reported on Financial Statements$13,181
Expenses Not Reported on Form 990$581
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Opera CarolinaCharlotte, NC3Support Opera Progra$83,085
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The chief financial officer reviews the 990. The document is then reviewed by the board of directors prior to filing.”

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

“The organization requires annual disclosure of any conflict of interest and reminds and educates board members of their duty to disclose any conflict of interest. Vendors are reviewed to ensure no known conflict exists.”

Form 990, Page 6, Part VI, Line 19

“All governing documents and financial statements may be examined upon request at the office location.”

Filing and Contact Details

Filer

Filer Name
Opera Carolina Endowment
EIN
20-2533756
Phone
7043327177
Address
1600 ELIZABETH AVE, CHARLOTTE, NC 28204

Signing Officer

Name
James Meena
Title
President
Phone
7043327177
Signed
2017-02-02

Organization Details

Principal Officer
James Meena
Formed
2004
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
10

Preparer

Firm
Bgw CPA Pllc
Address
1616 CAMDEN RD STE 510, CHARLOTTE, NC 28203-4756
Preparer
Carl R Conrad
Phone
7045520553
Supplemental Narrative

Additional Explanations

Form 990

“Schedule r part ii column b - opera carolina's mission is to inspire and entertain the region's diverse community through the presentation of excellent opera, operetta, music theatre and education outreach programs that elevate the quality of life in the carolinas.”

Form 990, Part XI, Line 9

“Service charges reported on f/s 581 service charges reported on f/s -581”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“The endowment investments are used to maximize the funds available to opera carolina for educational programs and opera productions.”

Schedule D, Page 3, Part X

“Opera carolina endowment is a not-for-profit corporations that is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes is required. The endowment uses a comprehensive model for the financial statement recognition, measurement, presentation and disclosure of income tax uncertainties with respect to positions, including tax-exempt status, taken or expected to be taken in income tax returns. The endowment has open tax years for reporting periods ended during the fiscal years ending 2013 through 2015.”

Schedule D, Page 4, Part XI, Line 2D

“Service charges reported on f/s 581”

Schedule D, Page 4, Part XII, Line 2D

“Service charges reported on f/s 581”

Raw XML AppendixShowing 400 of 423 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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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01572834
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0185108
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt03741
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01186793
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0210000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01409678
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt026557
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt09877
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0581
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt013181
IRS990ScheduleD/ExpensesSubtotalAmt089835
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt013181
IRS990ScheduleD/InvestmentExpensesNotIncldAmt013181
IRS990ScheduleD/NetUnrealizedGainsInvstAmt027418
IRS990ScheduleD/OtherExpensesIncludedAmt0581
IRS990ScheduleD/OtherRevenueAmt0581
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.53350
IRS990ScheduleD/RevenueNotReportedAmt027999
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt013181
IRS990ScheduleD/RevenueSubtotalAmt0-10284
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT INVESTMENTS ARE USED TO MAXIMIZE THE FUNDS AVAILABLE TO OPERA CAROLINA FOR EDUCATIONAL PROGRAMS AND OPERA PRODUCTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1OPERA CAROLINA ENDOWMENT IS A NOT-FOR-PROFIT CORPORATIONS THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. THE ENDOWMENT USES A COMPREHENSIVE MODEL FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, PRESENTATION AND DISCLOSURE OF INCOME TAX UNCERTAINTIES WITH RESPECT TO POSITIONS, INCLUDING TAX-EXEMPT STATUS, TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS. THE ENDOWMENT HAS OPEN TAX YEARS FOR REPORTING PERIODS ENDED DURING THE FISCAL YEARS ENDING 2013 THROUGH 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SERVICE CHARGES REPORTED ON F/S 581
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SERVICE CHARGES REPORTED ON F/S 581
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.46650
IRS990ScheduleD/TotalExpensesPerForm990Amt0103016
IRS990ScheduleD/TotalRevenuePerForm990Amt02897
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017715
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt090416
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt083085
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT OPERA PROGRA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OPERA CAROLINA
IRS990ScheduleI/RecipientTable/RecipientEIN0566019660
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01600 ELIZABETH AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHARLOTTE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd028204
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE CFO REVIEWS INCOMING GRANTS AND PREPARES AN OPERATING BUDGET FOR THE ENDOWMENT. THE OPERATING BUDGET IS THEN REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHEDULE R PART II COLUMN B - OPERA CAROLINA'S MISSION IS TO INSPIRE AND ENTERTAIN THE REGION'S DIVERSE COMMUNITY THROUGH THE PRESENTATION OF EXCELLENT OPERA, OPERETTA, MUSIC THEATRE AND EDUCATION OUTREACH PROGRAMS THAT ELEVATE THE QUALITY OF LIFE IN THE CAROLINAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHIEF FINANCIAL OFFICER REVIEWS THE 990. THE DOCUMENT IS THEN REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES ANNUAL DISCLOSURE OF ANY CONFLICT OF INTEREST AND REMINDS AND EDUCATES BOARD MEMBERS OF THEIR DUTY TO DISCLOSE ANY CONFLICT OF INTEREST. VENDORS ARE REVIEWED TO ENSURE NO KNOWN CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS MAY BE EXAMINED UPON REQUEST AT THE OFFICE LOCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SERVICE CHARGES REPORTED ON F/S 581 SERVICE CHARGES REPORTED ON F/S -581
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OPERA CAROLINA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0566019660
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE SCH O
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01600 ELIZABETH AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHARLOTTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd028204
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt083085
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt183085
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt282788
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3114672
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL CASH TRANSFER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL CASH TRANSFER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ACTUAL CASH TRANSFER
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0OPERA CAROLINA
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1OPERA CAROLINA
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2OPERA CAROLINA
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3OPERA CAROLINA
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1Q
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2R
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3O
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0true
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt056890
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt053506
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02996748
IRS990/TotalAssetsEOYAmt02924609
IRS990/TotalAssetsGrp/BOYAmt02996748
IRS990/TotalAssetsGrp/EOYAmt02924609
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019931
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt083085
IRS990/TotalFunctionalExpensesGrp/TotalAmt0103016
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022625
IRS990/TotalLiabilitiesEOYAmt023187
IRS990/TotalLiabilitiesGrp/BOYAmt022625
IRS990/TotalLiabilitiesGrp/EOYAmt023187
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02974123
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02901422
IRS990/TotalOtherCompensationAmt010490
IRS990/TotalProgramServiceExpensesAmt083085
IRS990/TotalRevenueGrp/ExclusionAmt02897
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02897
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02996748
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02924609
IRS990/TotReportableCompRltdOrgAmt0114672
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02101945
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02032628
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01600 ELIZABETH AVENUE
IRS990/USAddress/CityNm0CHARLOTTE
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028204
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.OPERACAROLINA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES MEENA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07043327177

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,924,609
Liabilities
$23,187
Net assets
$2,901,422
Revenue
$2,897
Expenses
$103,016
Net income
-$100,119
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$0.00$3.90$0.27$0.33$0.06
2023Summary only. Only limited summary data is available for this year.$4.08$0.00$4.08$0.06$0.15$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$0.00$4.16$0.02$0.00$0.02
2021Summary only. Only limited summary data is available for this year.$4.43$0.00$4.43$0.26$0.10$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.06$3.94$0.28$0.09$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.79$0.02$3.77$0.16$0.06$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.66$0.02$3.64$0.36$0.08$0.28
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.02$3.33$0.56$0.20$0.36
2016Detailed filing. Detailed filing data is available for this year.$2.92$0.02$2.90$0.00$0.10$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.00$0.02$2.97$0.06$0.13$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.60$0.14$0.45
2013Summary only. Only limited summary data is available for this year.$2.43$0.00$2.43$0.06$0.08$0.02
2012Summary only. Only limited summary data is available for this year.$2.32$0.00$2.32$0.06$0.08$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits