Civic Intelligence

Surry County Economic Development

EIN 20-8561084 • 501(c)3 • Mount Airy, NC

Profile

To engage in charitable and educational efforts, and specifically to support and promote economic development and community development in surry county, north caolina, thereby lessening the burdens of local goverment and state government in their efforts to promote the public purposes of creating jobs, increasing the tax base, and improving the quality of life in the county.

PO Box 7128Mount Airy, NC 27030

n/A

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

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

NTEE S30 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.00x

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

NTEE S30 • <$500k nonprofits • Source year 2017

Net Margin

46th percentile

4.7%

Higher net margin than 46% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

NTEE S30 • <$500k nonprofits • Source year 2017

Asset Growth

61st percentile

4.2%

Faster asset growth than 61% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

83%

Faster revenue growth than 87% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$24,429

Up $983 (+4.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Up

$24,429

Up $983 (+4.2%) from 2016

Operations
Liabilities / Revenue53rd percentileNet Margin46th percentile

Revenue

Up

$21,033

Up $9,566 (+83%) from 2016

Expenses

Down

$20,051

Down $2,781 (-12%) from 2016

Net Income

Up

$982

Up $12,347 (+109%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

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

$200K$150K$100K$50K$0Assets 2010: $63,804Liabilities 2010: $1,105Net Assets 2010: $62,6992010Assets 2011: $159,081Liabilities 2011: $18,994Net Assets 2011: $140,0872011Assets 2012: $145,154Liabilities 2012: $997Net Assets 2012: $144,1572012Assets 2013: $168,008Liabilities 2013: $1,969Net Assets 2013: $166,0392013Assets 2014: $115,436Liabilities 2014: $1,439Net Assets 2014: $113,9972014Assets 2015: $34,811Liabilities 2015: $0Net Assets 2015: $34,8112015Assets 2016: $23,446Liabilities 2016: $0Net Assets 2016: $23,4462016Assets 2017: $24,429Liabilities 2017: $0Net Assets 2017: $24,4292017

Highlighted filing

2017

Assets$24,429
Liabilities$0
Net Assets$24,429
Open 2017 Filing

Operations Trend

Revenue Growth87th percentile

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

$400K$200K$0-$200KRevenue 2010: $73,239Expenses 2010: $15,540Net Income 2010: $57,6992010Expenses 2011: $391,5782011Revenue 2012: $108,376Expenses 2012: $104,306Net Income 2012: $4,0702012Expenses 2013: $122,1052013Revenue 2014: $193,833Expenses 2014: $245,875Net Income 2014: -$52,0422014Revenue 2015: $160,283Expenses 2015: $146,825Net Income 2015: $13,4582015Revenue 2016: $11,467Expenses 2016: $22,832Net Income 2016: -$11,3652016Revenue 2017: $21,033Expenses 2017: $20,051Net Income 2017: $9822017

Highlighted filing

2017

Revenue$21,033
Expenses$20,051
Net Income$982
Open 2017 Filing

Filings

Most recent year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,429
Liabilities
$0
Net assets
$24,429
Revenue
$21,033
Expenses
$20,051
Net income
$982
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.21$0.20$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$0.11$0.23$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$1.60$1.47$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.15$0.01$1.14$1.94$2.46$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.02$1.66$1.22
2012Summary only. Only limited summary data is available for this year.$1.45$0.01$1.44$1.08$1.04$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.19$1.40$3.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.01$0.63$0.73$0.16$0.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 20, 2018
Return Version
2016v3.0
Gross Receipts
$21,033
Mission and Program Overview

Mission

To engage in charitable and educational efforts, and specifically to support and promote economic development and community development in surry county, north caolina, thereby lessening the burdens of local goverment and state government in their efforts to promote the public purposes of creating jobs, increasing the tax base, and improving the quality of life in the county.

To engage in charitable and educational efforts, and specifically to support and promote economic development and community development in surry county, north carolina, thereby lessening the burdens of local goverment and state government in their efforts to promote the public purposes of creating jobs, increasing the tax base, and improving the quality of life in the county

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,990$20,958▲ $968
Savings and Temporary Cash Investments$3,456$3,471▲ $15
Total Assets$23,446$24,429▲ $983
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$23,446$24,429▲ $983
Total Net Assets Fund Balance$23,446$24,429▲ $983
Total Liabilities and Net Assets / Fund Balance$23,446$24,429▲ $983
Compensation and Service Providers
Top Officer Pay82nd percentile

Board Members and Trustees

NameTitle
John PriddyImmediate Past Chairman
Todd TuckerVice Chairman
Ercel CarterDirector
James LewisDirector
John HolcombDirector
Josh SmithDirector
Emily VenableSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$21,000
Program Service Revenue
$0
Investment Income
$33
Other Revenue
$0
All Other Contributions
$21,000
Change in Net Assets
$982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,051
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
Other Expenses$20,051--$20,051
Total Functional Expenses$20,051$0$0$20,051
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
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, Part VI, Section B, Line 11B

“The complete 990 is presented to the board members for review before signing and filing of the 990.”

Form 990, Part VI, Section B, Line 12C

“The board will review the conflict of interest policy every year at the first scheduled meeting of the calendar year. Potential conflicts of interest will be handled on a case by case basis.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Surry County Economic Development
EIN
20-8561084
Phone
3364019900
Address
PO BOX 7128, MOUNT AIRY, NC 27030

Signing Officer

Name
Todd Tucker
Title
President
Phone
3364019900
Signed
2018-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Tucker
Formed
2006
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
6

Preparer

Firm
Lba Haynes Strand Pllc
Address
PO BOX 1707, MOUNT AIRY, NC 27030
Preparer
Christopher W Bunting CPA
Phone
3367898989
Raw XML Appendix340 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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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPLETE 990 IS PRESENTED TO THE BOARD MEMBERS FOR REVIEW BEFORE SIGNING AND FILING OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD WILL REVIEW THE CONFLICT OF INTEREST POLICY EVERY YEAR AT THE FIRST SCHEDULED MEETING OF THE CALENDAR YEAR. POTENTIAL CONFLICTS OF INTEREST WILL BE HANDLED ON A CASE BY CASE BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023446
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt024429
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt020051
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt033
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt021033
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023446
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024429
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt023446
IRS990/UnrestrictedNetAssetsGrp/EOYAmt024429
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01218 STATE STREET
IRS990/USAddress/CityNm0MOUNT AIRY
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027030
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD TUCKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03364019900
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SURRY COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SURR
ReturnHeader/Filer/EIN0208561084
ReturnHeader/Filer/PhoneNum03364019900
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 7128
ReturnHeader/Filer/USAddress/CityNm0MOUNT AIRY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027030
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0269DE40331C24034E88BF2C76B2F362D33DC3722
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03C431C68C3D013449487CC98BA264FC69677B98F
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.106.171.34
ReturnHeader/FilingSecurityInformation/IPDt02018-02-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm014:22:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204759472
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LBA HAYNES STRAND PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1707
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOUNT AIRY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027030
ReturnHeader/PreparerPersonGrp/PhoneNum03367898989
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER W BUNTING CPA
ReturnHeader/ReturnTs02018-03-01T16:00:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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