Civic Intelligence

Goremont Inc.

990EZ • Fiscal year 2014 • EIN 30-0177961

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 28, 2015

Organization ProfileN/A
11337 Joe Brown Hwy South28463

(919) 265-3402

Siviq Scores

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

Liabilities / Assets

56th percentile

0.02x

Higher debt load relative to assets than 56% of similar nonprofits.

2014 filings • NTEE P • <$500k nonprofits • Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2014

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

2014 filings • NTEE P • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$345,233

Up $345,233 from 2013

Net Assets

Up

$339,933

Up $339,933 from 2013

Liabilities

$5,300

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$6,151

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2014

Assets$345,233
Liabilities$5,300
Net Assets$339,933
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue-
Expenses$6,151
Net Income-
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 28, 2015
Return Version
2013v4.0
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
THE ORGANIZATION PROVIDES HOUSING TO MENTALLY DISABLED RESIDENTS IN THE TABOR CITY, NC AREA.-$6,139
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES FOSKEYChairman-$0--
Filing and Contact Details

Filer

EIN
30-0177961
Phone
9192653402

Signing Officer

Name
Charles G Foskey
Title
Chairman
Phone
9192653402
Signed
2015-04-28
Discuss with paid preparer
Yes

Preparer

Preparer
William Isaac Norris Jr
Phone
9106536300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses non-investment depreciation 486 total 486”

Form 990-ez, Part II, Line 24

“Equipment 2,427 2,427 less accumulated depreciation 499 985 security deposit 1,273 1,273 total 3,201 2,715”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 5,300”

Form 990-ez, Part III

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

Raw XML Appendix110 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.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0CHARLES FOSKEY
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine10ISAAC NORRIS JR CPA PA
IRS990EZ/BooksInCareOfDetail/PhoneNum09106536300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10200 ORANGE ST
IRS990EZ/BooksInCareOfDetail/USAddress/City0TABOR CITY
IRS990EZ/BooksInCareOfDetail/USAddress/State0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode028463
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04928
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6151
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0372
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0346084
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0345233
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0342883
IRS990EZ/LandAndBuildingsGrp/EOYAmt0337590
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0346084
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0339933
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0346084
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0339933
IRS990EZ/OccupancyRentUtltsAndMaintAmt05293
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHARLES FOSKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03201
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02715
IRS990EZ/OtherExpensesTotalAmt0486
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GOREMONT, INC. PROVIDES HOUSING TO RESIDENTS IN THE TABOR CITY, NC AREA. THE RESIDENTS ARE MENTALLY DISABLED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION PROVIDES HOUSING TO MENTALLY DISABLED RESIDENTS IN THE TABOR CITY, NC AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06139
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05300
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06151
IRS990EZ/TotalProgramServiceExpensesAmt06139
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt017684
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt017684
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt017684
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt017684
IRS990ScheduleA/Total509Grp/TotalAmt017684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt017684
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt017684
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES NON-INVESTMENT DEPRECIATION 486 TOTAL 486
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 2,427 2,427 LESS ACCUMULATED DEPRECIATION 499 985 SECURITY DEPOSIT 1,273 1,273 TOTAL 3,201 2,715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 5,300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOREMONT, INC. PROVIDES HOUSING TO RESIDENTS IN THE TABOR CITY, NC AREA. THE RESIDENTS ARE MENTALLY DISABLED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES G FOSKEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09192653402
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine10GOREMONT INC
ReturnHeader/Filer/BusinessNameControlTxt0GORE
ReturnHeader/Filer/EIN0300177961
ReturnHeader/Filer/PhoneNum09192653402
ReturnHeader/Filer/USAddress/AddressLine1011337 JOE BROWN HWY SOUTH
ReturnHeader/Filer/USAddress/City0TABOR CITY
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode028463
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562226635
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ISAAC NORRIS JR CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 616
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0TABOR CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0284630616
ReturnHeader/PreparerPersonGrp/PhoneNum09106536300
ReturnHeader/PreparerPersonGrp/PreparationDt02015-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM ISAAC NORRIS JR
ReturnHeader/ReturnTs02015-04-28T07:47:56-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$345,233
Liabilities
$5,300
Net assets
$339,933
Revenue
-
Expenses
$6,151
Net income
-
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