Civic Intelligence

Garner Revitalization Association Inc.

990EZ • Fiscal year 2020 • EIN 41-2188619

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 15, 2020

Refreshing map…

120 East Main StreetGarner, NC 27529

(919) 773-4402

Siviq Scores

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

Liabilities / Assets

68th percentile

0.07x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

70th percentile

0.07x

Higher debt load relative to revenue than 70% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Net Margin

77th percentile

30%

Higher net margin than 77% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Asset Growth

63rd percentile

16%

Faster asset growth than 63% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

83rd percentile

47%

Faster revenue growth than 83% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$109,029

Up $14,961 (+16%) from 2019

Net Assets

Up

$101,159

Up $32,697 (+48%) from 2019

Liabilities

Down

$7,870

Down $17,736 (-69%) from 2019

Revenue

Up

$108,601

Up $34,802 (+47%) from 2019

Expenses

Up

$75,904

Up $29,725 (+64%) from 2019

Net Income

Up

$32,697

Up $5,077 (+18%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $72,750Liabilities 2012: $13,2252012Assets 2013: $63,639Liabilities 2013: $11,9142013Assets 2014: $55,344Liabilities 2014: $11,9142014Assets 2015: $51,803Liabilities 2015: $11,9732015Assets 2016: $51,476Liabilities 2016: $11,9142016Assets 2018: $81,798Liabilities 2018: $40,9552018Assets 2019: $94,068Liabilities 2019: $25,606Net Assets 2019: $68,4622019Assets 2020: $109,029Liabilities 2020: $7,870Net Assets 2020: $101,1592020Assets 2021: $123,773Net Assets 2021: $123,7732021Assets 2022: $101,047Net Assets 2022: $101,0472022Assets 2023: $116,974Net Assets 2023: $116,9742023Assets 2024: $95,967Net Assets 2024: $95,9672024Assets 2025: $77,091Net Assets 2025: $77,0912025

Highlighted filing

2020

Assets$109,029
Liabilities$7,870
Net Assets$101,159

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $80,387Expenses 2012: $85,503Net Income 2012: -$5,1162012Revenue 2013: $83,010Expenses 2013: $90,810Net Income 2013: -$7,8002013Revenue 2014: $79,632Expenses 2014: $87,927Net Income 2014: -$8,2952014Revenue 2015: $40,791Expenses 2015: $44,390Net Income 2015: -$3,5992015Revenue 2016: $13,799Expenses 2016: $14,067Net Income 2016: -$2682016Revenue 2018: $47,581Expenses 2018: $45,963Net Income 2018: $1,6182018Revenue 2019: $73,799Expenses 2019: $46,179Net Income 2019: $27,6202019Revenue 2020: $108,601Expenses 2020: $75,904Net Income 2020: $32,6972020Revenue 2021: $51,378Expenses 2021: $28,763Net Income 2021: $22,6152021Revenue 2022: $62,935Expenses 2022: $85,661Net Income 2022: -$22,7262022Revenue 2023: $50,003Expenses 2023: $34,076Net Income 2023: $15,9272023Revenue 2024: $53,660Expenses 2024: $74,667Net Income 2024: -$21,0072024Revenue 2025: $58,529Expenses 2025: $77,406Net Income 2025: -$18,8772025

Highlighted filing

2020

Revenue$108,601
Expenses$75,904
Net Income$32,697
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 15, 2020
Return Version
2019v5.0
Gross Receipts
$108,601
Mission and Program Overview

Mission

The garner revitalization association, inc. Of garner was created to help attract businesses to downtown garner, nc and create an awareness in the community to visit garner's downtown area for commerce and entertainment.

Program Services

DescriptionGrantsExpenses
TO AID AND PROMOTE THE REVITALIZATION, REDEVELOPMENT, IMPROVEMENT AND BEAUTIFICATION OF THE TOWN OF GARNER, NC.-$75,904
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARI HOWEDowntown Dev-$0--
MARY ELIZABETH TWIDDYDirector-$0--
JIHAN HODGESChairperson-$0--
MEG HUNTERSecretary-$0--
KATIE NEUMANNTreasurer-$0--
LORIE CLARKGpac Manager-$0--
KATHY BEHRINGERCouncil Liai-$0--
CHAD MASSENGILLDirector-$0--
CHAROLETTE WHITAKERDirector-$0--
TIM SNOVERDirector-$0--
DEMIAN DELLINGERDirector-$0--
RACHEL TOURDOTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Garner Revitalization Association
EIN
41-2188619
Phone
9197734402
Address
120 EAST MAIN STREET, GARNER, NC 27529

Signing Officer

Name
Mari Howe
Title
Downtown Dev Manager
Phone
9197734402
Signed
2020-10-15

Preparer

Firm
Ball & Minor CPA Pa
Address
1001 PROCURE ST SUITE 101, FUQUAY VARINA, NC 27526
Preparer
David W Ball CPA
Phone
9195521120
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,313 website 665 sponsorship drive 518 office supplies 432 bank fees 163 meals 692 travel 1,387 interest expense 124 insurance 1,430 gearworks 2,954 community engagement 962 holiday window painting 956 special events 7,522 resiliency fund expend. 48,625 downtown development 7,819 total 75,562

Form 990-ez, Part II, Line 24

Grants receivable 5,250 0 office furniture & equipment 3,386 3,386 less accumulated depreciation 3,386 3,386 total 5,250 0

Form 990-ez, Part II, Line 26

Deferred revenue 13,692 7,870 escrow account 11,914 0

Form 990-ez, Part III

The garner revitalization association, inc. Of garner was created to help attract businesses to downtown garner, nc and create an awareness in the community to visit garner's downtown area for commerce and entertainment.

Raw XML Appendix172 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/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARI HOWE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9TIM SNOVER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11RACHEL TOURDOT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,313 WEBSITE 665 SPONSORSHIP DRIVE 518 OFFICE SUPPLIES 432 BANK FEES 163 MEALS 692 TRAVEL 1,387 INTEREST EXPENSE 124 INSURANCE 1,430 GEARWORKS 2,954 COMMUNITY ENGAGEMENT 962 HOLIDAY WINDOW PAINTING 956 SPECIAL EVENTS 7,522 RESILIENCY FUND EXPEND. 48,625 DOWNTOWN DEVELOPMENT 7,819 TOTAL 75,562
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS RECEIVABLE 5,250 0 OFFICE FURNITURE & EQUIPMENT 3,386 3,386 LESS ACCUMULATED DEPRECIATION 3,386 3,386 TOTAL 5,250 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 13,692 7,870 ESCROW ACCOUNT 11,914 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GARNER REVITALIZATION ASSOCIATION, INC. OF GARNER WAS CREATED TO HELP ATTRACT BUSINESSES TO DOWNTOWN GARNER, NC AND CREATE AN AWARENESS IN THE COMMUNITY TO VISIT GARNER'S DOWNTOWN AREA FOR COMMERCE AND ENTERTAINMENT.
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/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARI HOWE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DOWNTOWN DEV MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum09197734402
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARNER REVITALIZATION ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0GARN
ReturnHeader/Filer/EIN0412188619
ReturnHeader/Filer/PhoneNum09197734402
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 EAST MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0GARNER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.57.15.58
ReturnHeader/FilingSecurityInformation/IPDt02020-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm009:35:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562031453
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALL & MINOR CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01001 PROCURE ST SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FUQUAY VARINA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027526
ReturnHeader/PreparerPersonGrp/PhoneNum09195521120
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W BALL CPA
ReturnHeader/ReturnTs02020-11-13T09:35:24-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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