Civic Intelligence

Scotland County Economic Development Corporation

990 • Fiscal year 2017 • EIN 26-2016762

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 08, 2017

Organization Profilewww.scotlandcounty.edc.org
16800 US Highway 401 BypassLaurinburg, NC 28352

(910) 266-4326

Siviq Scores

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

Liabilities / Assets

70th percentile

0.24x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

1.02x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Net Margin

98th percentile

74%

Higher net margin than 98% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

2017 filings • NTEE J • $1M-$5M nonprofits • Source year 2017

Asset Growth

94th percentile

79%

Faster asset growth than 94% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

275%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$4,200,393

Up $1,850,520 (+79%) from 2016

Net Assets

Up

$3,200,712

Up $851,578 (+36%) from 2016

Liabilities

Up

$999,681

Up $998,942 (+135175%) from 2016

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin98th percentile

Revenue

Up

$979,100

Up $718,086 (+275%) from 2016

Expenses

Up

$253,182

Up $142,351 (+128%) from 2016

Net Income

Up

$725,918

Up $575,735 (+383%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$6.0M$4.0M$2.0M$0Assets 2016: $2,349,873Liabilities 2016: $739Net Assets 2016: $2,349,1342016Assets 2017: $4,200,393Liabilities 2017: $999,681Net Assets 2017: $3,200,7122017Assets 2018: $4,329,278Liabilities 2018: $1,908,356Net Assets 2018: $2,420,9222018Assets 2019: $5,146,114Liabilities 2019: $1,948,167Net Assets 2019: $3,197,9472019Assets 2020: $5,152,270Liabilities 2020: $1,609,760Net Assets 2020: $3,542,5102020Assets 2021: $4,999,760Liabilities 2021: $1,349,250Net Assets 2021: $3,650,5102021Assets 2022: $5,488,276Liabilities 2022: $1,537,506Net Assets 2022: $3,950,7702022

Highlighted filing

2017

Assets$4,200,393
Liabilities$999,681
Net Assets$3,200,712
Open 2017 Filing

Operations Trend

Revenue Growth99th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $261,014Expenses 2016: $110,831Net Income 2016: $150,1832016Revenue 2017: $979,100Expenses 2017: $253,182Net Income 2017: $725,9182017Revenue 2018: $682,731Expenses 2018: $1,564,947Net Income 2018: -$882,2162018Revenue 2019: $995,099Expenses 2019: $218,074Net Income 2019: $777,0252019Revenue 2020: $625,552Expenses 2020: $280,989Net Income 2020: $344,5632020Revenue 2021: $413,362Expenses 2021: $305,362Net Income 2021: $108,0002021Revenue 2022: $568,214Expenses 2022: $267,954Net Income 2022: $300,2602022

Highlighted filing

2017

Revenue$979,100
Expenses$253,182
Net Income$725,918
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 8, 2017
Return Version
2016v3.0
Gross Receipts
$979,100
Mission and Program Overview

Mission

To promote the growth of the local economy of Scotland County and City of Laurinburg through job creation, the investment in business property and infrastructure to facilitate economic growth and job creation.

Promoted growth of local economy by recruiting new business, increasing jobs and infrastructure investment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,016,907$3,462,700▲ $1,445,793
Other Notes and Loans Receivable, Net$51,041$371,308▲ $320,267
Cash and Non-Interest-Bearing Accounts$279,152$365,151▲ $85,999
Prepaid Expenses and Deferred Charges$2,773$0▼ $2,773
Accounts Receivable-$1,234-
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,349,873$4,200,393▲ $1,850,520
Other Assets Total-$0-
Liabilities
Other Liabilities-$972,717-
Accounts Payable and Accrued Expenses$739$24,164▲ $23,425
Deferred Revenue-$2,800-
Total Liabilities$739$999,681▲ $998,942
Net Assets / Fund Balance
Unrestricted Net Assets$2,182,134$3,174,806▲ $992,672
Temporarily Rstr Net Assets$167,000$25,906▼ $141,094
Total Net Assets Fund Balance$2,349,134$3,200,712▲ $851,578
Total Liabilities and Net Assets / Fund Balance$2,349,873$4,200,393▲ $1,850,520

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,485,140$141,779-
Land$1,969,892--
Equipment$7,668$12,235-
Compensation and Service Providers
Top Officer Pay15th percentile

Board Members and Trustees

NameTitle
Bob DavisChairman
Curtis LeakVice Chair
Carol McCallDirector
Drew WilliamsonDirector
Guy McCookDirector
Kevin PattersonDirector
Mark WardExecutive Director
Charles NicholsSecretary
Beth HobbsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$861,361
Program Service Revenue
$71,823
Investment Income
$533
Other Revenue
$45,383
All Other Contributions
$50,259
Change in Net Assets
$725,918

Audited Revenue Reconciliation

Revenue per Audited Statements
$979,100
Revenue Not Reported on Form 990
$125,660
Total Revenue per Audited Statements
$1,104,760
Total Revenue per Form 990
$979,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$253,182
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
All Other Expenses$41,894$58,247-$100,141
Other Expenses$17,027$37,272-$17,027
Total Functional Expenses$157,663$95,519$0$253,182

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$253,182
Total Expenses per Audited Statements$253,182
Total Expenses per Form 990$253,182
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note payable$972,717
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“Election of members and their rights---The members of the Board are appointed. Currently, there are five voting members and four non-voting members. Three members are appointed by the sitting chairman of the Scotland County Board of Commissioners and two are appointed by the City Council from the City of Laurinburg. The members serve one year terms but can be reappointed annually. All voting members must hold an elected office and be citizens of Scotland County. The Non-voting members are the Scotland County Manager, City Manager and the President/Director of the Scotland County Economic Development Corporation.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“The Board of Directors shall manage the business and affairs of the Corporation. The Executive Director is responsible for the implementation of policies of the Board and has the authority over general management of the corporation. The Executive Director also has the authority to sign and execute documents, contracts and loans that have been authorized by the Board of Directors.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The Executive Director and Treasurer review form 990 and a copy is made available to the Board members for their review.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“There is no compensation paid to any Officer or member of the Board of Directors. The Executive Director is paid by a related organization.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are made available upon request.”

Filing and Contact Details

Filer

Filer Name
Scotland County Economic Development
EIN
26-2016762
Phone
9102664326
Address
16800 US HIGHWAY 401 BYPASS, Laurinburg, NC 28352

Signing Officer

Name
Elizabeth T Hobbs
Title
Treasurer
Signed
2017-09-08
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Roche Head & Associates PLLC
Address
103 McRae St, Laurinburg, NC 28352-4145
Preparer
Carl L Head CPA
Phone
9102763985
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“Advertising marketing: Column (A) - Total = $13632; Column (B) - Program Services = $13632; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Bank charges: Column (A) - Total = $289; Column (B) - Program Services = $0; Column (C) - Management & General = $289; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Donations to Organizations: Column (A) - Total = $14473; Column (B) - Program Services = $14473; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Dues and Subscriptions: Column (A) - Total = $2303; Column (B) - Program Services = $0; Column (C) - Management & General = $2303; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Insurance: Column (A) - Total = $3630; Column (B) - Program Services = $0; Column (C) - Management & General = $3630; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Interest discount amortizaton: Column (A) - Total = $8377; Column (B) - Program Services = $0; Column (C) - Management & General = $8377; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Meals and entertainment: Column (A) - Total = $2948; Column (B) - Program Services = $0; Column (C) - Management & General = $2948; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Office supplies: Column (A) - Total = $2567; Column (B) - Program Services = $0; Column (C) - Management & General = $2567; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Other taxes and licenses: Column (A) - Total = $891; Column (B) - Program Services = $0; Column (C) - Management & General = $891; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Property taxes: Column (A) - Total = $13452; Column (B) - Program Services = $0; Column (C) - Management & General = $13452; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Repairs and maintenance: Column (A) - Total = $11275; Column (B) - Program Services = $11275; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Repairs and maintenance: Column (A) - Total = $4816; Column (B) - Program Services = $0; Column (C) - Management & General = $4816; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Travel: Column (A) - Total = $4473; Column (B) - Program Services = $2514; Column (C) - Management & General = $1959; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“Utilities: Column (A) - Total = $17015; Column (B) - Program Services = $0; Column (C) - Management & General = $17015; Column (D) - Fundraising = $0”

Other Changes In Net Assets Or Fund Balances - Other Increases

“Amortization of Note payable discount = $125660”

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Discount on Notes payable $125660”

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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/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To promote the growth of the local economy of Scotland County and City of Laurinburg through job creation, the investment in business property and infrastructure to facilitate economic growth and job creation.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt03200712
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt045383
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt045383
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
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IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
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IRS990/OtherChangesInNetAssetsAmt0125660
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Contracted services
IRS990/OtherExpensesGrp/Desc1Depreciation
IRS990/OtherExpensesGrp/Desc2Professional Fees
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037272
IRS990/OtherExpensesGrp/ProgramServicesAmt069261
IRS990/OtherExpensesGrp/ProgramServicesAmt129481
IRS990/OtherExpensesGrp/ProgramServicesAmt217027
IRS990/OtherExpensesGrp/TotalAmt069261
IRS990/OtherExpensesGrp/TotalAmt137272
IRS990/OtherExpensesGrp/TotalAmt229481
IRS990/OtherExpensesGrp/TotalAmt317027
IRS990/OtherLiabilitiesGrp/EOYAmt0972717
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt051041
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0371308
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02773
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Timber sale
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt071823
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt071823
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0220001
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0110831
IRS990/PYOtherRevenueAmt040354
IRS990/PYProgramServiceRevenueAmt0659
IRS990/PYRevenuesLessExpensesAmt0150183
IRS990/PYTotalExpensesAmt0110831
IRS990/PYTotalRevenueAmt0261014
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0725918
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0778102
IRS990/RentalIncomeOrLossGrp/RealAmt045383
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0861361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0220001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0436661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0135000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01576755
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03229778
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt045916
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt041013
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt043751
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt040206
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08724
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0179610
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94730
IRS990ScheduleA/PublicSupportPY170Pct00.93440
IRS990ScheduleA/PublicSupportTotal170Amt03229778
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0861361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0220001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0436661
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0135000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01576755
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03229778
IRS990ScheduleA/TotalSupportAmt03409388
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01485140
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0141779
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01626919
IRS990ScheduleD/EquipmentGrp/BookValueAmt07668
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012235
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt019903
IRS990ScheduleD/ExpensesSubtotalAmt0253182
IRS990ScheduleD/LandGrp/BookValueAmt01969892
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01969892
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0972717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Note payable
IRS990ScheduleD/OtherRevenueAmt0125660
IRS990ScheduleD/RevenueNotReportedAmt0125660
IRS990ScheduleD/RevenueSubtotalAmt0979100
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Discount on Notes payable $125660
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03462700
IRS990ScheduleD/TotalExpensesPerForm990Amt0253182
IRS990ScheduleD/TotalLiabilityAmt0972717
IRS990ScheduleD/TotalRevenuePerForm990Amt0979100
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01104760
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0253182
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Election of members and their rights---The members of the Board are appointed. Currently, there are five voting members and four non-voting members. Three members are appointed by the sitting chairman of the Scotland County Board of Commissioners and two are appointed by the City Council from the City of Laurinburg. The members serve one year terms but can be reappointed annually. All voting members must hold an elected office and be citizens of Scotland County. The Non-voting members are the Scotland County Manager, City Manager and the President/Director of the Scotland County Economic Development Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors shall manage the business and affairs of the Corporation. The Executive Director is responsible for the implementation of policies of the Board and has the authority over general management of the corporation. The Executive Director also has the authority to sign and execute documents, contracts and loans that have been authorized by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director and Treasurer review form 990 and a copy is made available to the Board members for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There is no compensation paid to any Officer or member of the Board of Directors. The Executive Director is paid by a related organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising marketing: Column (A) - Total = $13632; Column (B) - Program Services = $13632; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank charges: Column (A) - Total = $289; Column (B) - Program Services = $0; Column (C) - Management & General = $289; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Donations to Organizations: Column (A) - Total = $14473; Column (B) - Program Services = $14473; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Dues and Subscriptions: Column (A) - Total = $2303; Column (B) - Program Services = $0; Column (C) - Management & General = $2303; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Insurance: Column (A) - Total = $3630; Column (B) - Program Services = $0; Column (C) - Management & General = $3630; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Interest discount amortizaton: Column (A) - Total = $8377; Column (B) - Program Services = $0; Column (C) - Management & General = $8377; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Meals and entertainment: Column (A) - Total = $2948; Column (B) - Program Services = $0; Column (C) - Management & General = $2948; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Office supplies: Column (A) - Total = $2567; Column (B) - Program Services = $0; Column (C) - Management & General = $2567; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Other taxes and licenses: Column (A) - Total = $891; Column (B) - Program Services = $0; Column (C) - Management & General = $891; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Property taxes: Column (A) - Total = $13452; Column (B) - Program Services = $0; Column (C) - Management & General = $13452; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Repairs and maintenance: Column (A) - Total = $11275; Column (B) - Program Services = $11275; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Repairs and maintenance: Column (A) - Total = $4816; Column (B) - Program Services = $0; Column (C) - Management & General = $4816; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Travel: Column (A) - Total = $4473; Column (B) - Program Services = $2514; Column (C) - Management & General = $1959; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Utilities: Column (A) - Total = $17015; Column (B) - Program Services = $0; Column (C) - Management & General = $17015; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Amortization of Note payable discount = $125660
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0167000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$4,200,393
Liabilities
$999,681
Net assets
$3,200,712
Revenue
$979,100
Expenses
$253,182
Net income
$725,918
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$1.54$3.95$0.57$0.27$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$1.35$3.65$0.41$0.31$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$1.61$3.54$0.63$0.28$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$1.95$3.20$1.00$0.22$0.78
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.33$1.91$2.42$0.68$1.56$0.88
2017Detailed filing. Detailed filing data is available for this year.$4.20$1.00$3.20$0.98$0.25$0.73
2016Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.26$0.11$0.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits