Civic Intelligence

Goremont Inc

EIN 30-0177961 • 501(c)3 • Tabor City, NC

Profile

Goremont, inc. Provides housing to residents in the tabor city, nc area. The residents are mentally disabled.

11337 Joe Brown Hwy SouthTabor City, NC 28463

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

74th percentile

0.03x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

43rd percentile

-0.8%

Higher net margin than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

50th percentile

-1.7%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

58th percentile

4.9%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$304,641

Down $369 (-0.1%) from 2024

Liabilities

Flat

$1,274

Flat from 2024

Net Assets

Down

$303,367

Down $369 (-0.1%) from 2024

Operations
Liabilities / Revenue74th percentileNet Margin43rd percentile

Revenue

Up

$48,811

Up $1,241 (+2.6%) from 2024

Expenses

Down

$49,180

Down $3,351 (-6.4%) from 2024

Net Income

Up

-$369

Up $4,592 (+93%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$600K$400K$200K$0-$200KAssets 2012: $363,933Liabilities 2012: $377,569Net Assets 2012: -$13,6362012Assets 2013: $0Net Assets 2013: $02013Assets 2014: $345,233Liabilities 2014: $5,300Net Assets 2014: $339,9332014Assets 2015: $339,311Liabilities 2015: $5,300Net Assets 2015: $334,0112015Assets 2017: $350,660Liabilities 2017: $389,927Net Assets 2017: -$39,2672017Assets 2018: $356,559Liabilities 2018: $396,200Net Assets 2018: -$39,6412018Assets 2019: $366,324Liabilities 2019: $438,190Net Assets 2019: -$71,8662019Assets 2020: $333,306Liabilities 2020: $381,340Net Assets 2020: -$48,0342020Assets 2021: $327,624Liabilities 2021: $381,394Net Assets 2021: -$53,7702021Assets 2022: $320,499Liabilities 2022: $5,123Net Assets 2022: $315,3762022Assets 2023: $314,381Liabilities 2023: $1,273Net Assets 2023: $313,1082023Assets 2024: $305,010Liabilities 2024: $1,274Net Assets 2024: $303,7362024Assets 2025: $304,641Liabilities 2025: $1,274Net Assets 2025: $303,3672025

Highlighted filing

2025

Assets$304,641
Liabilities$1,274
Net Assets$303,367
Open 2025 Filing

Operations Trend

Revenue Growth58th percentile

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

$100K$50K$0-$50KExpenses 2012: $22,3272012Revenue 2013: $02013Expenses 2014: $6,1512014Expenses 2015: $5,9222015Revenue 2017: $28,172Expenses 2017: $37,976Net Income 2017: -$9,8042017Revenue 2018: $35,269Expenses 2018: $35,643Net Income 2018: -$3742018Revenue 2019: $35,052Expenses 2019: $67,277Net Income 2019: -$32,2252019Revenue 2020: $69,518Expenses 2020: $45,686Net Income 2020: $23,8322020Revenue 2021: $37,529Expenses 2021: $43,265Net Income 2021: -$5,7362021Revenue 2022: $42,315Expenses 2022: $49,469Net Income 2022: -$7,1542022Revenue 2023: $48,760Expenses 2023: $45,735Net Income 2023: $3,0252023Revenue 2024: $47,570Expenses 2024: $52,531Net Income 2024: -$4,9612024Revenue 2025: $48,811Expenses 2025: $49,180Net Income 2025: -$3692025

Highlighted filing

2025

Revenue$48,811
Expenses$49,180
Net Income-$369
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$304,641
Liabilities
$1,274
Net assets
$303,367
Revenue
$48,811
Expenses
$49,180
Net income
-$369
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.05$0.01$3.03$0.49$0.49$0.00
2024Detailed filing. Detailed filing data is available for this year.$3.05$0.01$3.04$0.48$0.53$0.05
2023Detailed filing. Detailed filing data is available for this year.$3.14$0.01$3.13$0.49$0.46$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.20$0.05$3.15$0.42$0.49$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.28$3.81$0.54$0.38$0.43$0.06
2020Detailed filing. Detailed filing data is available for this year.$3.33$3.81$0.48$0.70$0.46$0.24
2019Detailed filing. Detailed filing data is available for this year.$3.66$4.38$0.72$0.35$0.67$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.57$3.96$0.40$0.35$0.36$0.00
2017Detailed filing. Detailed filing data is available for this year.$3.51$3.90$0.39$0.28$0.38$0.10
2015Detailed filing. Detailed filing data is available for this year.$3.39$0.05$3.34$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.45$0.05$3.40$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$3.78$0.14$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 28, 2025
Return Version
2024v5.0
Gross Receipts
$48,811
Mission and Program Overview

Mission

Goremont, inc. Provides housing to residents in the tabor city, nc area. The residents are mentally disabled.

Program Services

DescriptionGrantsExpenses
GOREMONT, INC. PROVIDES HOUSING TO RESIDENTS IN THE TABOR CITY, NC AREA. THE RESIDENTS ARE MENTALLY DISABLED.-$49,180
GOREMONT, INC. PROVIDES HOUSING TO RESIDENTS IN THE TABOR CITY, NC AREA.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES FOSKEYChairman-$0--
BOBBY BRITTDirector-$0--
REV JIMMY F CUMMINGSTreasurer-$0--
DARLENE JACOBSSecretary-$0--
REV BOB MANGUMDirector-$0--
LINDA JOHNSONDirector-$0--
SHIRLEY E TOWNSENDDirector-$0--
REV KONG SUK NAMKUNGDirector-$0--
TANYA BULLARDExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Goremont Inc
EIN
30-0177961
Phone
9192653402
Address
11337 JOE BROWN HWY SOUTH, TABOR CITY, NC 28463

Signing Officer

Name
Tanya Bullard
Title
Executive Director
Phone
9192653402
Signed
2025-08-28
Discuss with paid preparer
Yes

Preparer

Firm
S Preston Douglas & Associates Llp
Address
6649 BEACH DRIVE SW SUITE 1, OCEAN ISLE BEACH, NC 28469
Preparer
John L Grissom Iii
Phone
9107397523
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses utilities 11,838 operating and maintenance 16,340 professional fees 5,232 vacancy loss 7,536 other 5,500 bank charges 50 total 46,496”

Form 990-ez, Part II, Line 24

“Miscellaneous other assets 732 0 total 732 0”

Form 990-ez, Part II, Line 26

“Tenant deposits 1,274 1,274 advances from asbury homes 0 0”

Form 990-ez, Part III

“Goremont, inc. Provides housing to residents in the tabor city, nc area. The residents are mentally disabled.”

Form 990-ez, Part III, Line 31

“Goremont, inc. Provides housing to residents in the tabor city, nc area. The residents are mentally disabled.”

Raw XML Appendix175 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES UTILITIES 11,838 OPERATING AND MAINTENANCE 16,340 PROFESSIONAL FEES 5,232 VACANCY LOSS 7,536 OTHER 5,500 BANK CHARGES 50 TOTAL 46,496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISCELLANEOUS OTHER ASSETS 732 0 TOTAL 732 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TENANT DEPOSITS 1,274 1,274 ADVANCES FROM ASBURY HOMES 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOREMONT, INC. PROVIDES HOUSING TO RESIDENTS IN THE TABOR CITY, NC AREA. THE RESIDENTS ARE MENTALLY DISABLED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOREMONT, INC. PROVIDES HOUSING TO RESIDENTS IN THE TABOR CITY, NC AREA. THE RESIDENTS ARE MENTALLY DISABLED.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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