Civic Intelligence

Carolina Rise

990 • Fiscal year 2020 • EIN 26-4065488

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 31, 2021

240 Chestnut ParkwayIndian Trail, NC 28079

(704) 882-1115

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

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

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.00x

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

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Net Margin

40th percentile

-6.0%

Higher net margin than 40% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2020 filings • NTEE N • <$500k nonprofits • Source year 2020

Asset Growth

17th percentile

-30%

Faster asset growth than 17% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

20th percentile

-69%

Faster revenue growth than 20% of similar nonprofits.

2020 filings • NTEE N • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$19,750

Down $8,590 (-30%) from 2019

Net Assets

Down

$19,750

Down $8,590 (-30%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$143,807

Down $315,034 (-69%) from 2019

Expenses

Down

$152,397

Down $280,033 (-65%) from 2019

Net Income

Down

-$8,590

Down $35,001 (-133%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $18,855Liabilities 2013: $0Net Assets 2013: $18,8552013Assets 2014: $31,876Liabilities 2014: $0Net Assets 2014: $31,8762014Assets 2018: $1,929Liabilities 2018: $0Net Assets 2018: $1,9292018Assets 2019: $28,340Liabilities 2019: $0Net Assets 2019: $28,3402019Assets 2020: $19,750Liabilities 2020: $0Net Assets 2020: $19,7502020Assets 2021: $64,245Liabilities 2021: $22,488Net Assets 2021: $41,7572021Assets 2022: $28,581Liabilities 2022: $2,809Net Assets 2022: $25,7722022Assets 2023: $26,471Liabilities 2023: $9,578Net Assets 2023: $16,8932023Assets 2024: $17,094Liabilities 2024: $13,495Net Assets 2024: $3,5992024

Highlighted filing

2020

Assets$19,750
Liabilities$0
Net Assets$19,750

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $69,608Expenses 2013: $58,335Net Income 2013: $11,2732013Revenue 2014: $183,701Expenses 2014: $170,680Net Income 2014: $13,0212014Revenue 2018: $448,936Expenses 2018: $457,738Net Income 2018: -$8,8022018Revenue 2019: $458,841Expenses 2019: $432,430Net Income 2019: $26,4112019Revenue 2020: $143,807Expenses 2020: $152,397Net Income 2020: -$8,5902020Revenue 2021: $385,673Expenses 2021: $363,666Net Income 2021: $22,0072021Revenue 2022: $518,712Expenses 2022: $534,697Net Income 2022: -$15,9852022Revenue 2023: $691,696Expenses 2023: $700,575Net Income 2023: -$8,8792023Revenue 2024: $724,702Expenses 2024: $737,996Net Income 2024: -$13,2942024

Highlighted filing

2020

Revenue$143,807
Expenses$152,397
Net Income-$8,590
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 31, 2021
Return Version
2020v4.0
Gross Receipts
$143,807
Mission and Program Overview

Mission

Carolina courts will provide a positive, energetic environment for athletes of all ages to learn the game of basketball and / or volleyball through healthy competition, excellent instruction and experienced coaching that focuses on the building of self confidence and self esteem. While developing young athletes, we will continously strive to teach life lessons and values that go beyond the game of basketball and / or volleyball. Our vision is to develop young athletes physically, mentally, and spiritually.our goal is to provide nationally recorgnized camps, programs, clinics and speakers that are tailored for the development of youth and adult athletes in the game of basketball and volleyball. Coupled with a first class facility, we will strive for both parents and children to have 100% satisfaction in all the programs and services we offer. Our program allowed many girls to play competitive volleyball and many boys and girls to compete in basketball across the state of nc and the sout

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$28,340$19,750▼ $8,590
Rtn Earn Endowment Incm Other Fnds$28,340$19,750▼ $8,590
Total Assets$28,340$19,750▼ $8,590
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$28,340$19,750▼ $8,590
Total Liabilities and Net Assets / Fund Balance$28,340$19,750▼ $8,590

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,670$1,670
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian MorrisExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$46,461
Program Service Revenue
$97,346
Investment Income
$0
Other Revenue
$0
All Other Contributions
$27,453
Change in Net Assets
$-8,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$152,397
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$132,751--$132,751
Occupancy$19,646--$19,646
Total Functional Expenses$152,397$0$0$152,397
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
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Carolina Rise
EIN
26-4065488
Phone
7048821115
Address
240 CHESTNUT PARKWAY, INDIAN TRAIL, NC 28079

Signing Officer

Name
Brian Morris
Title
Executive Director
Phone
7048821115
Signed
2021-01-31

Organization Details

Principal Officer
Brian Morris
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Collins Boike & Moore Pa
Address
1800 DICKERSON BLVD, MONROE, NC 28110
Preparer
Robert M Moore
Phone
9803138245
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Carolina courts will provide a positive, energetic environment for athletes of all ages to learn the game of basketball and / or volleyball through healthy competition, excellent instruction and experienced coaching that focuses on the building of self confidence and self esteem. While developing young athletes, we will continously strive to teach life lessons and values that go beyond the game of basketball and / or volleyball. Our vision is to develop young athletes physically, mentally, and spiritually.our goal is to provide nationally recorgnized camps, programs, clinics and speakers that are tailored for the development of youth and adult athletes in the game of basketball and volleyball. Coupled with a first class facility, we will strive for both parents and children to have 100% satisfaction in all the programs and services we offer. Our program allowed many girls to play competitive volleyball and many boys and girls to compete in basketball across the state of nc and the southeast region. These tournaments allowed many of our athletes in our program to get noticed by colleges, with several leading to offers of scholarship to many fine universities. In addition, our program allowed our athletes a place to improve their volleyball and / or basketball skills in a positive, safe and clean environment. Information regarding personal benefit contracts: the organization did not, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefits contract.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CAROLINA COURTS WILL PROVIDE A POSITIVE, ENERGETIC ENVIRONMENT FOR ATHLETES OF ALL AGES TO LEARN THE GAME OF BASKETBALL AND / OR VOLLEYBALL THROUGH HEALTHY COMPETITION, EXCELLENT INSTRUCTION AND EXPERIENCED COACHING THAT FOCUSES ON THE BUILDING OF SELF CONFIDENCE AND SELF ESTEEM. WHILE DEVELOPING YOUNG ATHLETES, WE WILL CONTINOUSLY STRIVE TO TEACH LIFE LESSONS AND VALUES THAT GO BEYOND THE GAME OF BASKETBALL AND / OR VOLLEYBALL. OUR VISION IS TO DEVELOP YOUNG ATHLETES PHYSICALLY, MENTALLY, AND SPIRITUALLY.OUR GOAL IS TO PROVIDE NATIONALLY RECORGNIZED CAMPS, PROGRAMS, CLINICS AND SPEAKERS THAT ARE TAILORED FOR THE DEVELOPMENT OF YOUTH AND ADULT ATHLETES IN THE GAME OF BASKETBALL AND VOLLEYBALL. COUPLED WITH A FIRST CLASS FACILITY, WE WILL STRIVE FOR BOTH PARENTS AND CHILDREN TO HAVE 100% SATISFACTION IN ALL THE PROGRAMS AND SERVICES WE OFFER. OUR PROGRAM ALLOWED MANY GIRLS TO PLAY COMPETITIVE VOLLEYBALL AND MANY BOYS AND GIRLS TO COMPETE IN BASKETBALL ACROSS THE STATE OF NC AND THE SOUTHEAST REGION. THESE TOURNAMENTS ALLOWED MANY OF OUR ATHLETES IN OUR PROGRAM TO GET NOTICED BY COLLEGES, WITH SEVERAL LEADING TO OFFERS OF SCHOLARSHIP TO MANY FINE UNIVERSITIES. IN ADDITION, OUR PROGRAM ALLOWED OUR ATHLETES A PLACE TO IMPROVE THEIR VOLLEYBALL AND / OR BASKETBALL SKILLS IN A POSITIVE, SAFE AND CLEAN ENVIRONMENT. INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS: THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFITS CONTRACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONROE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028110
ReturnHeader/PreparerPersonGrp/PhoneNum09803138245
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT M MOORE
ReturnHeader/ReturnTs02021-03-05T15:24:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JONES
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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