Civic Intelligence

Gorgons Head Lodge Inc

EIN 20-4940253 • 501(c)7 • Raleigh, NC

Profile

To give permanence to a social club composed primarily of students of the university of north carolina and to preserve historical club assets.

PO Box 12791Raleigh, NC 27601

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

2nd percentile

-76%

Higher net margin than 2% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

29th percentile

-2.5%

Faster asset growth than 29% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-4.5%

Faster revenue growth than 23% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Down

$783,207

Down $19,940 (-2.5%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$783,207

Down $19,940 (-2.5%) from 2023

Operations
Liabilities / Revenue33rd percentileNet Margin2nd percentile

Revenue

Down

$30,935

Down $1,449 (-4.5%) from 2023

Expenses

Down

$54,559

Down $7,639 (-12%) from 2023

Net Income

Up

-$23,624

Up $6,190 (+21%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $254,463Liabilities 2010: $0Net Assets 2010: $254,4632010Assets 2011: $624,871Liabilities 2011: $111,533Net Assets 2011: $513,3382011Assets 2012: $1,397,886Liabilities 2012: $641,632Net Assets 2012: $756,2542012Assets 2013: $1,271,123Liabilities 2013: $335,517Net Assets 2013: $935,6062013Assets 2014: $1,143,787Liabilities 2014: $112,126Net Assets 2014: $1,031,6612014Assets 2015: $1,060,169Liabilities 2015: $0Net Assets 2015: $1,060,1692015Assets 2016: $1,044,481Liabilities 2016: $0Net Assets 2016: $1,044,4812016Assets 2017: $1,003,771Liabilities 2017: $0Net Assets 2017: $1,003,7712017Assets 2018: $956,791Liabilities 2018: $0Net Assets 2018: $956,7912018Assets 2019: $929,267Liabilities 2019: $0Net Assets 2019: $929,2672019Assets 2020: $894,295Liabilities 2020: $0Net Assets 2020: $894,2952020Assets 2021: $881,656Liabilities 2021: $0Net Assets 2021: $881,6562021Assets 2022: $837,221Liabilities 2022: $11,999Net Assets 2022: $825,2222022Assets 2023: $803,147Liabilities 2023: $0Net Assets 2023: $803,1472023Assets 2024: $783,207Liabilities 2024: $0Net Assets 2024: $783,2072024

Highlighted filing

2024

Assets$783,207
Liabilities$0
Net Assets$783,207
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $109,5612010Expenses 2011: $36,9372011Expenses 2012: $110,1812012Revenue 2013: $281,148Expenses 2013: $101,603Net Income 2013: $179,5452013Revenue 2014: $209,982Expenses 2014: $113,927Net Income 2014: $96,0552014Revenue 2015: $114,781Expenses 2015: $84,968Net Income 2015: $29,8132015Revenue 2016: $71,357Expenses 2016: $84,890Net Income 2016: -$13,5332016Revenue 2017: $38,032Expenses 2017: $78,513Net Income 2017: -$40,4812017Revenue 2018: $44,658Expenses 2018: $91,235Net Income 2018: -$46,5772018Revenue 2019: $42,531Expenses 2019: $71,631Net Income 2019: -$29,1002019Revenue 2020: $23,379Expenses 2020: $55,124Net Income 2020: -$31,7452020Revenue 2021: $41,920Expenses 2021: $58,210Net Income 2021: -$16,2902021Revenue 2022: $19,866Expenses 2022: $61,321Net Income 2022: -$41,4552022Revenue 2023: $32,384Expenses 2023: $62,198Net Income 2023: -$29,8142023Revenue 2024: $30,935Expenses 2024: $54,559Net Income 2024: -$23,6242024

Highlighted filing

2024

Revenue$30,935
Expenses$54,559
Net Income-$23,624
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$783,207
Liabilities
$0
Net assets
$783,207
Revenue
$30,935
Expenses
$54,559
Net income
-$23,624
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.03$0.05$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.03$0.06$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.84$0.01$0.83$0.02$0.06$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.04$0.06$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.02$0.06$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.04$0.07$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.04$0.09$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.04$0.08$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.07$0.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.11$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.11$1.03$0.21$0.11$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.27$0.34$0.94$0.28$0.10$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.64$0.76$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.11$0.51$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.00$0.25$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$30,935
Mission and Program Overview

Mission

To give permanence to a social club composed primarily of students of the university of north carolina, and to preserve club assets.

To give permanence to a social club composed primarily of students of the university of north carolina and to preserve historical club assets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$703,898$675,758▼ $28,140
Investments in Publicly Traded Securities$87,268$97,505▲ $10,237
Cash and Non-Interest-Bearing Accounts$8,779$6,709▼ $2,070
Savings and Temporary Cash Investments$3,202$3,235▲ $33
Total Assets$803,147$783,207▼ $19,940
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$803,147$783,207▼ $19,940
Total Net Assets Fund Balance$803,147$783,207▼ $19,940
Total Liabilities and Net Assets / Fund Balance$803,147$783,207▼ $19,940

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$675,758$341,118$1,016,876
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Walker HobsonPresident
Bill RogersDirector
Billy ArmfieldDirector
John KerrDirector
John NashDirector
Johnston SiflyDirector
Macon CarrollDirector
Matthew CookDirector
Rixey ToddDirector
Rob RagsdaleDirector
Sam BrattonDirector
Stewart LittleDirector
Graham CarrollAlumni Liaso
Nat KluttzSecretary
Jordan GussenhovenTreasurer
Robbie CarrollVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$24,350
Program Service Revenue
$0
Investment Income
$6,585
Other Revenue
$0
All Other Contributions
$350
Change in Net Assets
$-23,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,559
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
Depreciation Depletion$28,139--$28,139
Occupancy$9,624--$9,624
Insurance$5,775--$5,775
Office Expenses-$200-$200
Other Expenses$894$7-$7
Total Functional Expenses$54,352$207$0$54,559
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
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

“The president, vice-president, and treasurer of the organization review form 990 and discuss any issues/questions that arise from review.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Gorgons Head Lodge Inc
EIN
20-4940253
Phone
9196210943
Address
PO BOX 12791, RALEIGH, NC 27601

Signing Officer

Name
Jordan Gussenhoven
Title
Treasurer
Phone
9196210943
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jordan Gussenhoven
Formed
2005
Legal Domicile
Nc
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Hodges & Hergenrader Llp
Address
5400 TRINITY ROAD SUITE 106, RALEIGH, NC 27607
Preparer
Gwendolyn D Hodges
Phone
9199108808
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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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IRS990/OtherExpensesGrp/Desc2PAYPAL FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07
IRS990/OtherExpensesGrp/ProgramServicesAmt09920
IRS990/OtherExpensesGrp/ProgramServicesAmt1894
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IRS990/OtherExpensesGrp/TotalAmt1894
IRS990/OtherExpensesGrp/TotalAmt27
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JORDAN GUSSENHOVEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt030025
IRS990/PYInvestmentIncomeAmt02359
IRS990/PYOtherExpensesAmt062198
IRS990/PYRevenuesLessExpensesAmt0-29814
IRS990/PYTotalExpensesAmt062198
IRS990/PYTotalRevenueAmt032384
IRS990/ReconcilationRevenueExpnssAmt0-23624
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03202
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03235
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0675758
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0341118
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01016876
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0675758
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT, VICE-PRESIDENT, AND TREASURER OF THE ORGANIZATION REVIEW FORM 990 AND DISCUSS ANY ISSUES/QUESTIONS THAT ARISE FROM REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0803147
IRS990/TotalAssetsEOYAmt0783207
IRS990/TotalAssetsGrp/BOYAmt0803147
IRS990/TotalAssetsGrp/EOYAmt0783207
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt024350
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0207
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt054352
IRS990/TotalFunctionalExpensesGrp/TotalAmt054559
IRS990/TotalGrossUBIAmt06585
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0803147
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0783207
IRS990/TotalProgramServiceExpensesAmt054352
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt030935
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt06585
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0803147
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0783207
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 12791
IRS990/USAddress/CityNm0RALEIGH
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027605
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JORDAN GUSSENHOVEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09196210943
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GORGONS HEAD LODGE INC
ReturnHeader/Filer/BusinessNameControlTxt0GORG
ReturnHeader/Filer/EIN0204940253
ReturnHeader/Filer/PhoneNum09196210943
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 12791
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027601
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0931364510
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HODGES & HERGENRADER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05400 TRINITY ROAD SUITE 106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027607
ReturnHeader/PreparerPersonGrp/PhoneNum09199108808
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GWENDOLYN D HODGES
ReturnHeader/ReturnTs02025-11-17T10:18:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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