Civic Intelligence

Disability Resource Center Inc

990 • Fiscal year 2022 • EIN 26-0684859

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 11, 2023

5041 New Center Drive 108Wilmington, NC 28403

(910) 815-6618

Siviq Scores

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

Liabilities / Assets

86th percentile

0.21x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • NTEE P99 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • NTEE P99 • <$500k nonprofits • Source year 2022

Net Margin

64th percentile

25%

Higher net margin than 64% of similar nonprofits.

2022 filings • NTEE P99 • <$500k nonprofits • Source year 2022

Top Officer Pay

96th percentile

$48,882

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2022 filings • NTEE P99 • <$500k nonprofits • Source year 2022

Asset Growth

88th percentile

139%

Faster asset growth than 88% of similar nonprofits.

2022 filings • NTEE P99 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

23rd percentile

-26%

Faster revenue growth than 23% of similar nonprofits.

2022 filings • NTEE P99 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$168,421

Up $97,873 (+139%) from 2021

Net Assets

Up

$133,207

Up $97,707 (+275%) from 2021

Liabilities

Up

$35,214

Up $166 (+0.5%) from 2021

Revenue

Down

$395,968

Down $138,252 (-26%) from 2021

Expenses

Down

$298,261

Down $223,030 (-43%) from 2021

Net Income

Up

$97,707

Up $84,778 (+656%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $24,140Liabilities 2010: $330Net Assets 2010: $23,8102010Assets 2011: $221,300Liabilities 2011: $94,633Net Assets 2011: $126,6672011Assets 2012: $119,506Liabilities 2012: $20,178Net Assets 2012: $99,3282012Assets 2013: $87,184Liabilities 2013: $15,490Net Assets 2013: $71,6942013Assets 2014: $31,441Liabilities 2014: $9,473Net Assets 2014: $21,9682014Assets 2015: $21,134Liabilities 2015: $25,394Net Assets 2015: -$4,2602015Assets 2016: $20,251Liabilities 2016: $8,590Net Assets 2016: $11,6612016Assets 2017: $26,984Liabilities 2017: $13,856Net Assets 2017: $13,1282017Assets 2018: $34,377Liabilities 2018: $9,415Net Assets 2018: $24,9622018Assets 2019: $34,138Liabilities 2019: $7,900Net Assets 2019: $26,2382019Assets 2020: $57,580Liabilities 2020: $35,009Net Assets 2020: $22,5712020Assets 2021: $70,548Liabilities 2021: $35,048Net Assets 2021: $35,5002021Assets 2022: $168,421Liabilities 2022: $35,214Net Assets 2022: $133,2072022Assets 2023: $436,232Liabilities 2023: $54,961Net Assets 2023: $381,2712023Assets 2024: $246,381Liabilities 2024: $39,970Net Assets 2024: $206,4112024

Highlighted filing

2022

Assets$168,421
Liabilities$35,214
Net Assets$133,207

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $161,138Expenses 2010: $154,446Net Income 2010: $6,6922010Expenses 2011: $376,2862011Expenses 2012: $339,0102012Expenses 2013: $290,6742013Revenue 2014: $219,617Expenses 2014: $269,343Net Income 2014: -$49,7262014Revenue 2015: $302,765Expenses 2015: $328,993Net Income 2015: -$26,2282015Revenue 2016: $363,283Expenses 2016: $347,362Net Income 2016: $15,9212016Revenue 2017: $341,360Expenses 2017: $339,893Net Income 2017: $1,4672017Revenue 2018: $275,474Expenses 2018: $263,640Net Income 2018: $11,8342018Revenue 2019: $310,922Expenses 2019: $309,646Net Income 2019: $1,2762019Revenue 2020: $425,082Expenses 2020: $428,749Net Income 2020: -$3,6672020Revenue 2021: $534,220Expenses 2021: $521,291Net Income 2021: $12,9292021Revenue 2022: $395,968Expenses 2022: $298,261Net Income 2022: $97,7072022Revenue 2023: $698,396Expenses 2023: $438,853Net Income 2023: $259,5432023Revenue 2024: $615,283Expenses 2024: $818,539Net Income 2024: -$203,2562024

Highlighted filing

2022

Revenue$395,968
Expenses$298,261
Net Income$97,707
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 11, 2023
Return Version
2021v4.2
Gross Receipts
$395,968
Mission and Program Overview

Mission

Center for independent living

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,392$132,327▲ $107,935
Accounts Receivable$42,811$34,054▼ $8,757
Prepaid Expenses and Deferred Charges$3,345$2,040▼ $1,305
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$70,548$168,421▲ $97,873
Liabilities
Accounts Payable and Accrued Expenses$35,048$35,214▲ $166
Total Liabilities$35,048$35,214▲ $166
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,500$133,207▲ $97,707
Total Net Assets Fund Balance$35,500$133,207▲ $97,707
Total Liabilities and Net Assets / Fund Balance$70,548$168,421▲ $97,873

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$69,914$69,914
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ashley McfaddenExecutive DirectorFT$48,882$48,882

Board Members and Trustees

NameTitle
Gail StaffordBoard Chair
Lorna TollVice Chair
Chiquita Gooding-egisterDirector
David BeauregardDirector
John RussDirector
Melany HansenDirector
Michelle BrownDirector
Suzanne GlascokSecretary
Steve RizzoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$395,968
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$10,629
Change in Net Assets
$97,707

Audited Revenue Reconciliation

Revenue per Audited Statements
$395,968
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$395,968
Total Revenue per Form 990
$395,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$190,404
Other Expenses$107,857
Total Fundraising Expense$112
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$141,522--$141,522
Current Officers, Directors, Trustees, and Key Employees$48,882--$48,882
Fees for Services Other$2,717$38,421$112$41,250
Fees for Services Management$15,014$12,488-$27,502
Occupancy$19,415--$19,415
Other Expenses$15,905--$15,905
Insurance$3,785--$3,785
Total Functional Expenses$247,240$50,909$112$298,261

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$298,261
Total Expenses per Audited Statements$298,261
Total Expenses per Form 990$298,261
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
Yes
Other officer compensation reviewed
Yes
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 990 is reviewed at a monthly board meeting before filing

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

Annual board members disclose any conflicts of interests.

Form 990, Part VI, Section B, Line 15

Board of directors determine salary for executive director and key employees.

Form 990, Part VI, Section C, Line 19

All documents of the organization are available for review upon contacting the office and making an offical request.

Filing and Contact Details

Filer

Filer Name
Disability Resource Center
EIN
26-0684859
Phone
9108156618
Address
5041 NEW CENTER DRIVE 108, WILMINGTON, NC 28403

Signing Officer

Name
Steve Rizzo
Title
Treasurer
Phone
9108156618
Signed
2023-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Rizzo
Formed
2007
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
7
Volunteers
0

Preparer

Firm
Thompson Price Scott Adams & Co
Address
4024 OLEANDER DRIVE SUITE 3, WILMINGTON, NC 28403
Preparer
Gregory S Adams
Phone
9107994872
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

01. Form 990 governing body review (part vi, line 11) the 990 is reviewed at a monthly board meeting before filing 02. Conflict of interest policy compliance (part vi, line 2c) annual board members disclose any conflicts of interests. 03. Ceo, executive director, top management comp (part vi, line 15a) board of directors determine salary for executive director 04. Other officer or key employee compensation (part vi, line 15b) board of directors determine salary for key employees 05. Governing documents, ect, available to public (part vi, line 19) all documents of the organization are available for review upon contacting the office and making an offical request

Form 990, Part IX, Line 11G

General operations: program service expenses 2,717. Management and general expenses 38,421. Fundraising expenses 112. Total expenses 41,250.

FORM 990, PART XII, LINE 2C:

The financial statements has been audited by an independent accountant.

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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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0298261
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0395968
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0298261
IRS990ScheduleD/TotalRevenuePerForm990Amt0395968
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0395968
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0298261
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt001. FORM 990 GOVERNING BODY REVIEW (PART VI, LINE 11) THE 990 IS REVIEWED AT A MONTHLY BOARD MEETING BEFORE FILING 02. CONFLICT OF INTEREST POLICY COMPLIANCE (PART VI, LINE 2C) ANNUAL BOARD MEMBERS DISCLOSE ANY CONFLICTS OF INTERESTS. 03. CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT COMP (PART VI, LINE 15A) BOARD OF DIRECTORS DETERMINE SALARY FOR EXECUTIVE DIRECTOR 04. OTHER OFFICER OR KEY EMPLOYEE COMPENSATION (PART VI, LINE 15B) BOARD OF DIRECTORS DETERMINE SALARY FOR KEY EMPLOYEES 05. GOVERNING DOCUMENTS, ECT, AVAILABLE TO PUBLIC (PART VI, LINE 19) ALL DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE FOR REVIEW UPON CONTACTING THE OFFICE AND MAKING AN OFFICAL REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED AT A MONTHLY BOARD MEETING BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL BOARD MEMBERS DISCLOSE ANY CONFLICTS OF INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS DETERMINE SALARY FOR EXECUTIVE DIRECTOR AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS OF THE ORGANIZATION ARE AVAILABLE FOR REVIEW UPON CONTACTING THE OFFICE AND MAKING AN OFFICAL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GENERAL OPERATIONS: PROGRAM SERVICE EXPENSES 2,717. MANAGEMENT AND GENERAL EXPENSES 38,421. FUNDRAISING EXPENSES 112. TOTAL EXPENSES 41,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FINANCIAL STATEMENTS HAS BEEN AUDITED BY AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt070548
IRS990/TotalAssetsEOYAmt0168421
IRS990/TotalAssetsGrp/BOYAmt070548
IRS990/TotalAssetsGrp/EOYAmt0168421
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0395968
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0112
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050909
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0247240
IRS990/TotalFunctionalExpensesGrp/TotalAmt0298261
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt035048
IRS990/TotalLiabilitiesEOYAmt035214
IRS990/TotalLiabilitiesGrp/BOYAmt035048
IRS990/TotalLiabilitiesGrp/EOYAmt035214
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt035500
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0133207
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0247240
IRS990/TotalReportableCompFromOrgAmt048882
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0395968
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt070548
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0168421
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05041 NEW CENTER DRIVE UNIT 108
IRS990/USAddress/CityNm0WILMINGTON
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028403
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0HTTPS://WWW.DRC-CIL.ORG/
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE RIZZO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09108156618
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DISABILITY RESOURCE CENTER
ReturnHeader/Filer/BusinessNameControlTxt0DISA
ReturnHeader/Filer/EIN0260684859
ReturnHeader/Filer/PhoneNum09108156618
ReturnHeader/Filer/USAddress/AddressLine1Txt05041 NEW CENTER DRIVE 108
ReturnHeader/Filer/USAddress/CityNm0WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028403
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561824665
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THOMPSON PRICE SCOTT ADAMS & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04024 OLEANDER DRIVE SUITE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028403
ReturnHeader/PreparerPersonGrp/PhoneNum09107994872
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY S ADAMS
ReturnHeader/ReturnTs02023-08-11T08:08:56-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEVE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RIZZO
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.46$0.40$2.06$6.15$8.19$2.03
2023Detailed filing. Detailed filing data is available for this year.$4.36$0.55$3.81$6.98$4.39$2.60
2022Detailed filing. Detailed filing data is available for this year.$1.68$0.35$1.33$3.96$2.98$0.98
2021Detailed filing. Detailed filing data is available for this year.$0.71$0.35$0.36$5.34$5.21$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.35$0.23$4.25$4.29$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.08$0.26$3.11$3.10$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.09$0.25$2.75$2.64$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.14$0.13$3.41$3.40$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.09$0.12$3.63$3.47$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.25$0.04$3.03$3.29$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.09$0.22$2.20$2.69$0.50
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.15$0.72$2.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.20$0.99$3.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.95$1.27$3.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.00$0.24$1.61$1.54$0.07
Peer Organizations

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