Civic Intelligence

Triad Local First Inc

990 • Fiscal year 2013 • EIN 27-0909315

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 11, 2014

405 Battleground Avenue27401

(336) 314-2787

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2013 filings • NTEE S20 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

47th percentile

0.00x

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

2013 filings • NTEE S20 • <$500k nonprofits • Source year 2013

Net Margin

15th percentile

-27%

Higher net margin than 15% of similar nonprofits.

2013 filings • NTEE S20 • <$500k nonprofits • Source year 2013

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2013 filings • NTEE S • <$500k nonprofits • Source year 2013

Asset Growth

17th percentile

-26%

Faster asset growth than 17% of similar nonprofits.

2013 filings • NTEE S20 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$23,759

Down $8,336 (-26%) from 2012

Net Assets

Down

$23,759

Down $8,336 (-26%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$30,782

No earlier filing loaded for comparison.

Expenses

Up

$39,118

Up $28,394 (+265%) from 2012

Net Income

-$8,336

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2012: $32,095Liabilities 2012: $0Net Assets 2012: $32,0952012Assets 2013: $23,759Liabilities 2013: $0Net Assets 2013: $23,7592013Assets 2019: $19,456Net Assets 2019: $19,4562019Assets 2024: $22,073Net Assets 2024: $22,0732024

Highlighted filing

2013

Assets$23,759
Liabilities$0
Net Assets$23,759

Operations Trend

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

$100K$50K$0-$50KExpenses 2012: $10,7242012Revenue 2013: $30,782Expenses 2013: $39,118Net Income 2013: -$8,3362013Revenue 2019: $75,583Expenses 2019: $89,204Net Income 2019: -$13,6212019Revenue 2024: $45,670Expenses 2024: $45,094Net Income 2024: $5762024

Highlighted filing

2013

Revenue$30,782
Expenses$39,118
Net Income-$8,336
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 11, 2014
Return Version
2013v3.0
Gross Receipts
$37,898
Mission and Program Overview

Mission

To educate and advocate local businesses

The mission of triad local first, a network of locally owned and independent businesses in north carolina's triad, is to share a commitment to building a strong local economy and a vibrant, unique community. Purpose: bring together local, independently owned businesses.goals: to share ideas and network to promote locally owned businesses, to educate consumers and to encourage investment in our community by keeping more spending local.values: to create a unique community that is vibrant and attracts entrepreneurs and skilled workers to the triad.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$32,095$23,759▼ $8,336
Total Assets$32,095$23,759▼ $8,336
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$32,095$23,759▼ $8,336
Total Net Assets Fund Balance$32,095$23,759▼ $8,336
Total Liabilities and Net Assets / Fund Balance$32,095$23,759▼ $8,336
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maribeth HudginsPresident
Aysim WiscoBoard Member
Catherine DunhamBoard Member
Diane CabbellBoard Member
Dottie CookeBoard Member
Evan MorrisonBoard Member
Holly RaulstonBoard Member
Kerri SiglerBoard Member
Tyler QuinnBoard Member
Wayne AbrahamBoard Member
Luck DavidsonExecutive Director
Trang TrinhSecretary
Clark BeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$18,772
Program Service Revenue
$1,510
Investment Income
$66
Other Revenue
$10,434
All Other Contributions
$2,865
Change in Net Assets
$-8,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,118
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
Information Technology$3,721$3,100-$6,821
Advertising$2,273$3,827-$6,100
All Other Expenses$2,807$2,342-$5,149
Occupancy-$4,140-$4,140
Conferences and Meetings-$3,587-$3,587
Other Expenses$1,756--$1,756
Insurance-$956-$956
Total Functional Expenses$21,166$17,952$0$39,118
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,550
Fundraising Direct Expenses$7,116
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$17,550$17,550$5,518$12,032
Total Events$17,550$17,550$7,116$10,434
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 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, Part VI, Section A, Line 8B

Triad local first did not have any committeees during the 2012 tax year. Therefore, there were no meetings held for which documentation was needed.

Form 990, Part VI, Section B, Line 11

The treasurer completes the 990 and gives a copy to each board member to review. The board members were given one week to provide feedback to the treasurer. Necessary changes are then made to the 990, and the return is filed.

Form 990, Part VI, Section C, Line 19

None of these documents were available to the public during the tax year.

Filing and Contact Details

Filer

EIN
27-0909315
Phone
3363142787

Signing Officer

Name
Luck Davidson
Title
Executive Director
Phone
3363142787
Signed
2014-11-11

Organization Details

Principal Officer
Luck Davidson
Formed
2010
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
20
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

City market vendors: program service expenses 1,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,200. Member meetings: program service expenses 876. Management and general expenses 0. Fundraising expenses 0. Total expenses 876. Other costs: program service expenses 0. Management and general expenses 685. Fundraising expenses 0. Total expenses 685. Subscriptions and memberships: program service expenses 300. Management and general expenses 300. Fundraising expenses 0. Total expenses 600. Supplies: program service expenses 0. Management and general expenses 521. Fundraising expenses 0. Total expenses 521. Memberships: program service expenses 0. Management and general expenses 400. Fundraising expenses 0. Total expenses 400. Postage and mailing services: program service expenses 0. Management and general expenses 377. Fundraising expenses 0. Total expenses 377. Writer/photography: program service expenses 225. Management and general expenses 0. Fundraising expenses 0. Total expenses 225. Entertaining: program service expenses 206. Management and general expenses 0. Fundraising expenses 0. Total expenses 206. Email services: program service expenses 0. Management and general expenses 59. Fundraising expenses 0. Total expenses 59.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt030619
IRS990ScheduleA/Total509Grp/TotalAmt068451
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt037898
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt030672
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt068570
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07116
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01598
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01598
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt017550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt017550
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0COMMUNITY TABLE
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010434
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05518
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05518
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0COMMUNITY TABLE IS THE SIGNATURE, ANNUAL FUNDRAISER FOR TRIAD LOCAL FIRST. LOCAL BUSINESSES ARE ABLE PARTICIPATE IN AN EVENT THAT RAISES AWARENESS OF THE IMPORTANCE OF BUYING LOCAL PRODUCTS, ESPECIALLY FOOD, AND OF SUPPORTING LOCALLY OWNED BUSSINESSES.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PART I, LINE 2B, COLUMN (V)
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRIAD LOCAL FIRST DID NOT HAVE ANY COMMITTEEES DURING THE 2012 TAX YEAR. THEREFORE, THERE WERE NO MEETINGS HELD FOR WHICH DOCUMENTATION WAS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TREASURER COMPLETES THE 990 AND GIVES A COPY TO EACH BOARD MEMBER TO REVIEW. THE BOARD MEMBERS WERE GIVEN ONE WEEK TO PROVIDE FEEDBACK TO THE TREASURER. NECESSARY CHANGES ARE THEN MADE TO THE 990, AND THE RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NONE OF THESE DOCUMENTS WERE AVAILABLE TO THE PUBLIC DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CITY MARKET VENDORS: PROGRAM SERVICE EXPENSES 1,200. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,200. MEMBER MEETINGS: PROGRAM SERVICE EXPENSES 876. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 876. OTHER COSTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 685. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 685. SUBSCRIPTIONS AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 300. MANAGEMENT AND GENERAL EXPENSES 300. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 600. SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 521. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 521. MEMBERSHIPS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 400. POSTAGE AND MAILING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 377. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 377. WRITER/PHOTOGRAPHY: PROGRAM SERVICE EXPENSES 225. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225. ENTERTAINING: PROGRAM SERVICE EXPENSES 206. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 206. EMAIL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 59. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt032095
IRS990/TotalAssetsEOYAmt023759
IRS990/TotalAssetsGrp/BOYAmt032095
IRS990/TotalAssetsGrp/EOYAmt023759
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt018772
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017952
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt021166
IRS990/TotalFunctionalExpensesGrp/TotalAmt039118
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt032095
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt023759
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt021166
IRS990/TotalProgramServiceRevenueAmt01510
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01510
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt030782
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt032095
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt023759
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt032095
IRS990/UnrestrictedNetAssetsGrp/EOYAmt023759
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101 INDEPENDENCE COURT
IRS990/USAddress/City0GREENSBORO
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode027408
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.TRIADLOCALFIRST.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LUCK DAVIDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03363142787
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine10TRIAD LOCAL FIRST INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIA
ReturnHeader/Filer/EIN0270909315
ReturnHeader/Filer/PhoneNum03363142787
ReturnHeader/Filer/USAddress/AddressLine10405 BATTLEGROUND AVENUE
ReturnHeader/Filer/USAddress/City0GREENSBORO
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode027401
ReturnHeader/ReturnTs02014-11-13T14:02:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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