Civic Intelligence

Outer Banks Sporting Events Inc.

990 • Fiscal year 2019 • EIN 38-3804133

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 10, 2020

Organization ProfileOBXSE.COM
PO Box 265Kill Devil Hills, NC 27948

(252) 255-6273

Siviq Scores

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

Liabilities / Assets

96th percentile

0.96x

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

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.15x

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

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$78,000

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2019 filings • NTEE N • $500k-$1M nonprofits • Source year 2019

Asset Growth

5th percentile

-34%

Faster asset growth than 5% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

89th percentile

45%

Faster revenue growth than 89% of similar nonprofits.

2019 filings • NTEE N • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$83,873

Down $43,065 (-34%) from 2018

Net Assets

Up

$3,719

Up $61,920 (+106%) from 2018

Liabilities

Down

$80,154

Down $104,985 (-57%) from 2018

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin71st percentile

Revenue

Up

$528,816

Up $165,364 (+45%) from 2018

Expenses

Down

$466,896

Down $97,032 (-17%) from 2018

Net Income

Up

$61,920

Up $262,396 (+131%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$1.0M$500K$0-$500KAssets 2011: $333,568Liabilities 2011: $288,806Net Assets 2011: $44,7622011Assets 2012: $774,754Liabilities 2012: $226,232Net Assets 2012: $548,5222012Assets 2013: $843,703Liabilities 2013: $285,373Net Assets 2013: $558,3302013Assets 2014: $859,570Liabilities 2014: $306,725Net Assets 2014: $552,8452014Assets 2015: $798,547Liabilities 2015: $255,138Net Assets 2015: $543,4092015Assets 2016: $349,098Liabilities 2016: $146,795Net Assets 2016: $202,3032016Assets 2017: $466,035Liabilities 2017: $323,760Net Assets 2017: $142,2752017Assets 2018: $126,938Liabilities 2018: $185,139Net Assets 2018: -$58,2012018Assets 2019: $83,873Liabilities 2019: $80,154Net Assets 2019: $3,7192019Assets 2020: $219,176Liabilities 2020: $208,099Net Assets 2020: $11,0772020Assets 2021: $195,912Liabilities 2021: $261,703Net Assets 2021: -$65,7912021Assets 2022: $187,296Liabilities 2022: $281,782Net Assets 2022: -$94,4862022Assets 2023: $91,427Liabilities 2023: $198,542Net Assets 2023: -$107,1152023Assets 2024: $31,269Liabilities 2024: $173,088Net Assets 2024: -$141,8192024

Highlighted filing

2019

Assets$83,873
Liabilities$80,154
Net Assets$3,719
Open 2019 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $916,555Expenses 2011: $926,738Net Income 2011: -$10,1832011Revenue 2012: $1,461,843Expenses 2012: $958,083Net Income 2012: $503,7602012Revenue 2013: $1,076,754Expenses 2013: $1,066,946Net Income 2013: $9,8082013Revenue 2014: $1,036,969Expenses 2014: $1,042,454Net Income 2014: -$5,4852014Revenue 2015: $923,996Expenses 2015: $939,520Net Income 2015: -$15,5242015Revenue 2016: $916,628Expenses 2016: $1,257,734Net Income 2016: -$341,1062016Revenue 2017: $768,456Expenses 2017: $828,484Net Income 2017: -$60,0282017Revenue 2018: $363,452Expenses 2018: $563,928Net Income 2018: -$200,4762018Revenue 2019: $528,816Expenses 2019: $466,896Net Income 2019: $61,9202019Revenue 2020: $163,977Expenses 2020: $156,619Net Income 2020: $7,3582020Revenue 2021: $98,176Expenses 2021: $163,187Net Income 2021: -$65,0112021Revenue 2022: $382,997Expenses 2022: $404,703Net Income 2022: -$21,7062022Revenue 2023: $291,177Expenses 2023: $303,806Net Income 2023: -$12,6292023Revenue 2024: $239,377Expenses 2024: $268,160Net Income 2024: -$28,7832024

Highlighted filing

2019

Revenue$528,816
Expenses$466,896
Net Income$61,920
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 10, 2020
Return Version
2019v5.1
Gross Receipts
$528,816
Mission and Program Overview

Mission

To organize and promote sports competitions to provide financial resources for needed relief and support for education while contributing to economic development for the outer banks of north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,366$21,362▲ $1,996
Pledges and Grants Receivable$61,250$20,000▼ $41,250
Land, Buildings, and Equipment, Net$15,677$13,719▼ $1,958
Intangible Assets$11,559$10,187▼ $1,372
Inventories for Sale or Use$9,482$9,482→ $0
Accounts Receivable$7,104$6,623▼ $481
Savings and Temporary Cash Investments$2,500$2,500→ $0
Total Assets$126,938$83,873▼ $43,065
Liabilities
Accounts Payable and Accrued Expenses$122,870$30,484▼ $92,386
Deferred Revenue$61,061$28,462▼ $32,599
Unsecured Notes Loans Payable-$20,000-
Grants Payable$1,208$1,208→ $0
Total Liabilities$185,139$80,154▼ $104,985
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-58,201$3,719▲ $61,920
Total Net Assets Fund Balance$-58,201$3,719▲ $61,920
Total Liabilities and Net Assets / Fund Balance$126,938$83,873▼ $43,065

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,719$43,613-
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jenny AshExecutive Director-obseFT$78,000$78,000

Board Members and Trustees

NameTitle
David M TwiddyPresident
James KrandaVice President
Amy MontgomeryDirector
Sam CortezDirector
Tess R JudgeDirector
Amy B Sasscer IiiExecutive Director-def
Patty MckennaExecutive Director-obrf
Laurie GrahamSecretary
ANNA McGINNISTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,513
Program Service Revenue
$380,325
Investment Income
$4
Other Revenue
$29,974
All Other Contributions
$118,513
Change in Net Assets
$61,920
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$346,082
Salaries, Compensation, and Employee Benefits$110,814
Grants and Similar Amounts Paid$10,000
Total Fundraising Expense$6,606
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$39,000$35,100$3,900$78,000
Occupancy$26,326$4,936$1,645$32,907
Advertising$29,787--$29,787
Other Salaries and Wages$24,857--$24,857
Other Expenses$21,947$453-$22,400
Grants to Domestic Orgs$10,000--$10,000
Payroll Taxes$4,974$2,685$298$7,957
Insurance$5,051$947$316$6,314
Office Expenses$3,090$579$194$3,863
Depreciation Depletion$3,208$122-$3,330
Information Technology$2,259$424$141$2,824
Travel$1,100$206$69$1,375
Interest$689$129$43$861
Total Functional Expenses$414,709$45,581$6,606$466,896
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dare Education FoundationKitty Hawk, NC---
Outer Banks Relief FoundationNags Head, NC---
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Member election for additional members Part VI line 7A

“The two beneficiary organizations elect/appoint 3 board members adn 1 alternate each as terms expire. The governing body elects the 7th voting member.”

Form 990 governing body review Part VI line 11

“President, treasurer and executive director review 990 and subschedules prior to filing return.”

Conflict of interest policy compliance Part VI line 12C

“The organization has several board meetings during the year, and any conflict of interest, if exists, is communicated.”

CEO executive director top management comp Part VI line 15A

“The board of the outer banks sporting events, inc. Is made up of independent volunteers. The salary and compensation of the executive director and all employees is reviewed annually for the upcoming year. Their review includes comparing compensation level of other non-profit executives in the state of north carolina and across the us in similar organizations. The review also includes details on objectives met with respect to the executive directors memorandum of agreement for the job and the leadership with staff and volunteers and overall standing in the community. The review is documented and reviewed by the board of directors.”

Other officer or key employee compensation Part VI line 15B

“The exec director is responsible for determining each staff members compensation unless directed by the board of directors. The executive director oversees an annual review process which documents each employees compensation and expectations and is signed by the executive director and staff member after individual meetings. The board of directors determines the overall budget of staff compensation.”

Governing documents etc available to public Part VI line 19

“All documents, policies, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Outer Banks Sporting Events Inc
EIN
38-3804133
Address
PO BOX 265, Kill Devil Hills, NC 27948

Signing Officer

Name
Jenny Ash
Title
Executive Direc
Signed
2020-10-10
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
100

Preparer

Firm
Anna McGinnis
Address
PO Box 303, Nags Head, NC 27959
Preparer
Anna McGinnis
Phone
2524899222
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“SEE ATTACHED”

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IRS990/Desc0THE OUTER BANKS MARATHON/HALF MARATHON IS OUR SIGNATURE EVENT. THIS EVENT WEEKEND BRINGS OVER 5800 PARTICIPANTS ALONG WITH THEIR GUESTS WHICH TOTALS OVER 17,600. THIS EVENT IS RUN ON VETERANS DAY WEEKEND IN ORDER TO TAKE ADVANTAGE OF THE EXTRA LONG WEEKEND AND COOL FALL WEATHER. EVENTS INCLUE SOMETHING FOR EVERYONE. A FUN RUN, 5K, 10K, HALF AND FULL MARATHONS, AS WELL AS A DIAPER DASH. OBSE PARTNERS WITH GO FAR - AN ORGANIZATION WHICH PROMOTES AND COORDINATES HEALTHY YOUTH RUNNING TRAINING PROGRAMS, TO PARTICIPATE IN THE FUN RUN AND 5K EVENTS. THERE IS A CARNIVAL, FAMILY FRIENDLY ATMOSPHERE AROUND THE SATURDAY EVENTS WITH VENDORS AND KID-FRIENDLY ACTIVITIES AS WELL. THE POST RACE FESTIVAL ON SUNDAY CULMINATES IN THE TOWN OF MANTEO NC WITH TENS OF THOUSANDS GATHERING TO ENJOY THE MUSIC, FOOD, AND FUN, WHILE WATCHING RUNNERS FINISH THE HALF AND FULL MARATHONS.
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IRS990/MissionDesc0TO ORGANIZE AND PROMOTE SPORTS COMPETITIONS TO PROVIDE FINANCIAL RESOURCES FOR NEEDED RELIEF AND SUPPORT FOR EDUCATION WHILE CONTRIBUTING TO ECONOMIC DEVELOPMENT FOR THE OUTER BANKS OF NORTH CAROLINA
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt088
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt088
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/OccupancyGrp/FundraisingAmt01645
IRS990/OccupancyGrp/ManagementAndGeneralAmt04936
IRS990/OccupancyGrp/ProgramServicesAmt026326
IRS990/OccupancyGrp/TotalAmt032907
IRS990/OfficeExpensesGrp/FundraisingAmt0194
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0579
IRS990/OfficeExpensesGrp/ProgramServicesAmt03090
IRS990/OfficeExpensesGrp/TotalAmt03863
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0RACE HOSPITALITY
IRS990/OtherExpensesGrp/Desc1RACE SHIRTS MEDALS BIBS
IRS990/OtherExpensesGrp/Desc2COURSE SUPPORT AND TIMING
IRS990/OtherExpensesGrp/Desc3RACE EQUIPMENT AND SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0453
IRS990/OtherExpensesGrp/ProgramServicesAmt026029
IRS990/OtherExpensesGrp/ProgramServicesAmt193859
IRS990/OtherExpensesGrp/ProgramServicesAmt2122533
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IRS990/OtherExpensesGrp/TotalAmt026029
IRS990/OtherExpensesGrp/TotalAmt193859
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IRS990/OtherRevenueMiscGrp/Desc0SHIPPING
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IRS990/OtherRevenueTotalAmt040
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IRS990/OtherSalariesAndWagesGrp/TotalAmt024857
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PayrollTaxesGrp/ProgramServicesAmt04974
IRS990/PayrollTaxesGrp/TotalAmt07957
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt061250
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt020000
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0ENTRY FEES
IRS990/ProgramServiceRevenueGrp/Desc1VENDOR FEES
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13566
IRS990/ProgSrvcAccomActy2Grp/Desc0OUTER BANKS SPORTING EVENTS ORGANIZED THE INAUGURAL FLYING PIRATE HALF MARATHON AND FIRST FLIGHT 5K IN APRIL OF 2010 FOR THE PURPOSE OF BRINGING VISITORS TO THE OUTER BANKS FOR ECONOMIC DEVELOPMENT DURING A TYPICALLY SLOW PORTION OF THE TOURIST SEASON AS WELL AS TO FOSTER NATIONAL AND INTERNATIONAL AMATEUR SPORTS COMPETITION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0100040
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0139289
IRS990/ProgSrvcAccomActy3Grp/Desc0THE OUTER BANKS TRIATHLON IS A SERIES OF 3 TRIATHLONS WHICH OFFER SOMETHING FOR ATHLETES AT BEGINNING, INTERMEDIATE AND ADVANCED SKILL LEVELS. THE SERIES INCLUDES A SPRINT, OLYMPIC AND HALF TRIATHLON. THERE IS ALSO THE OPPORTUNITY TO COMPETE AS RELAY TEAMS WHICH GIVES ATHLETES THE CHANCE TO PAIR WITH OTHERS IN THEIR AREAS OF EXPERTISE/STRENGTH TO COMPLETE A TRIATHLON. THE TRIATHLON ENCOURAGES HEALTHY LIVING AND FITNESS AS A RUNNER, CYCLIST AND/OR SWIMMER. THIS EVENT BROUGHT OVER 800 ATHLETES HERE DURING SEPTEMBER, WHEN TOURISM STARTS TO WANE YET THE WEATHER AND WATERS ARE STILL WARM ENOUGH TO ENJOY. EXPOSURE TO THE BEAUTIFUL OUTER BANKS ENVIRONMENT DURING THIS TIME OF YEAR WILL ENCOURAGE VISITORS TO RETURN FOR A HOLIDAY OR LONGER VACATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt067854
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt073199
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE RUNNING OF THE LEPRACHAUNS IS HELD IN CONJUNCTION WITH THE CELEBRATED ST PATRICKS DAY PARADE AND INCLUDES A 5K RUN AS WELL AS A 10K RUN.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1BAND IN THE SAND (FORMALLY STORM THE BEACH) IS AN ADVENTURE RACE AND OBSTACLE COURSE ON THE BEACH. THIS EVENT CELEBRATED ITS INAUGURAL DEBUT IN JUNE 2013. THIS SERIES INCLUDES 3 DIVISIONS: 5 MILER, 3 MILER, AND FAMILY FRIENDLY .75 MILER. THERE IS OPPORTUNITY FOR INDIVIDUAL AND TEAM COMPETITION IN ALL DIVISIONS. TEAM WORK AND SUPPORT IS HIGHLY ENCOURAGED. THIS EVENT IS HELD IN LATE SPRING ONCE THE OCEAN IS WARM ENOUGH TO BE PARTICIPANT FRIENDLY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt010491
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt14157
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt09770
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt16365
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherExpensesAmt0415925
IRS990/PYOtherRevenueAmt02514
IRS990/PYProgramServiceRevenueAmt0284482
IRS990/PYRevenuesLessExpensesAmt0-200476
IRS990/PYSalariesCompEmpBnftPaidAmt0148003
IRS990/PYTotalExpensesAmt0563928
IRS990/PYTotalRevenueAmt0363452
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt061920
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt088
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0297422
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02500
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0118513
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt076350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0196522
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0180577
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0182981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0754943
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0767
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01107
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0230
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02213
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0402311
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0284482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0618845
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0706789
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0760043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02772470
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0767
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0230
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02213
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt031
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt093
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01783
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07574
IRS990ScheduleA/OtherIncome509Grp/TotalAmt09521
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99670
IRS990ScheduleA/PublicSupportPY509Pct00.99610
IRS990ScheduleA/PublicSupportTotal509Amt03527413
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0520824
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0360832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0815367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0887366
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0943024
IRS990ScheduleA/Total509Grp/TotalAmt03527413
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0520867
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0360969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0816227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0890256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0950828
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03539147
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt013719
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043613
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt057332
IRS990ScheduleD/TotalBookValueLandBuildingsAmt013719
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DARE EDUCATION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1OUTER BANKS RELIEF FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0010597318
IRS990ScheduleI/RecipientTable/RecipientEIN1562526271
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 959
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 545
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Kitty Hawk
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Nags Head
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd027949
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd127959
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TWO BENEFICIARY ORGANIZATIONS ELECT/APPOINT 3 BOARD MEMBERS ADN 1 ALTERNATE EACH AS TERMS EXPIRE. THE GOVERNING BODY ELECTS THE 7TH VOTING MEMBER.

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$83,873
Liabilities
$80,154
Net assets
$3,719
Revenue
$528,816
Expenses
$466,896
Net income
$61,920
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.17$0.14$0.24$0.27$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.20$0.11$0.29$0.30$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.28$0.09$0.38$0.40$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.26$0.07$0.10$0.16$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.21$0.01$0.16$0.16$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.00$0.53$0.47$0.06
2018Summary only. Only limited summary data is available for this year.$0.13$0.19$0.06$0.36$0.56$0.20
2017Summary only. Only limited summary data is available for this year.$0.47$0.32$0.14$0.77$0.83$0.06
2016Summary only. Only limited summary data is available for this year.$0.35$0.15$0.20$0.92$1.26$0.34
2015Summary only. Only limited summary data is available for this year.$0.80$0.26$0.54$0.92$0.94$0.02
2014Summary only. Only limited summary data is available for this year.$0.86$0.31$0.55$1.04$1.04$0.01
2013Summary only. Only limited summary data is available for this year.$0.84$0.29$0.56$1.08$1.07$0.01
2012Summary only. Only limited summary data is available for this year.$0.77$0.23$0.55$1.46$0.96$0.50
2011Summary only. Only limited summary data is available for this year.$0.33$0.29$0.04$0.92$0.93$0.01