Civic Intelligence

2Xsalt Inc.

990 • Fiscal year 2014 • EIN 43-2023021

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization ProfileWWW.2XSALT.ORG
1900 Queen City DriveCharlotte, NC 28208

(704) 393-3939

Siviq Scores

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

Liabilities / Assets

41st percentile

0.12x

Higher debt load relative to assets than 41% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

2.02x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

5th percentile

-48%

Higher net margin than 5% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

28th percentile

$72,000

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 24.3% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

25th percentile

-2.7%

Faster asset growth than 25% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

13th percentile

-19%

Faster revenue growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets41st percentile

Assets

Down

$5,122,502

Down $143,753 (-2.7%) from 2013

Net Assets

Down

$4,522,502

Down $143,753 (-3.1%) from 2013

Liabilities

Flat

$600,000

Flat from 2013

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin5th percentile

Revenue

Down

$296,581

Down $70,200 (-19%) from 2013

Expenses

Down

$440,334

Down $7,553 (-1.7%) from 2013

Net Income

Down

-$143,753

Down $62,647 (-77%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $5,963,114Liabilities 2010: $1,800,000Net Assets 2010: $4,163,1142010Assets 2011: $5,314,781Liabilities 2011: $600,000Net Assets 2011: $4,714,7812011Assets 2012: $5,347,361Liabilities 2012: $600,000Net Assets 2012: $4,747,3612012Assets 2013: $5,266,255Liabilities 2013: $600,000Net Assets 2013: $4,666,2552013Assets 2014: $5,122,502Liabilities 2014: $600,000Net Assets 2014: $4,522,5022014Assets 2015: $5,202,364Liabilities 2015: $300,000Net Assets 2015: $4,902,3642015Assets 2016: $4,960,875Liabilities 2016: $300,000Net Assets 2016: $4,660,8752016Assets 2017: $3,114,441Liabilities 2017: $0Net Assets 2017: $3,114,4412017Assets 2018: $2,845,970Liabilities 2018: $0Net Assets 2018: $2,845,9702018Assets 2019: $2,438,280Liabilities 2019: $0Net Assets 2019: $2,438,2802019Assets 2020: $2,348,543Liabilities 2020: $8,073Net Assets 2020: $2,340,4702020Assets 2021: $2,267,833Liabilities 2021: $5,834Net Assets 2021: $2,261,9992021Assets 2022: $2,517,232Liabilities 2022: $6,100Net Assets 2022: $2,511,1322022Assets 2023: $2,320,925Liabilities 2023: $1,013Net Assets 2023: $2,319,9122023Assets 2024: $2,312,721Liabilities 2024: $2,890Net Assets 2024: $2,309,8312024

Highlighted filing

2014

Assets$5,122,502
Liabilities$600,000
Net Assets$4,522,502
Open 2014 Filing

Operations Trend

Revenue Growth13th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $827,817Expenses 2010: $569,946Net Income 2010: $257,8712010Revenue 2011: $1,160,266Expenses 2011: $608,599Net Income 2011: $551,6672011Expenses 2012: $570,1162012Revenue 2013: $366,781Expenses 2013: $447,887Net Income 2013: -$81,1062013Revenue 2014: $296,581Expenses 2014: $440,334Net Income 2014: -$143,7532014Revenue 2015: $791,821Expenses 2015: $411,959Net Income 2015: $379,8622015Revenue 2016: $116,282Expenses 2016: $357,771Net Income 2016: -$241,4892016Revenue 2017: -$1,239,963Expenses 2017: $306,471Net Income 2017: -$1,546,4342017Revenue 2018: $7,985Expenses 2018: $276,456Net Income 2018: -$268,4712018Revenue 2019: $13,331Expenses 2019: $262,916Net Income 2019: -$249,5852019Revenue 2020: $367,567Expenses 2020: $465,377Net Income 2020: -$97,8102020Revenue 2021: $631,783Expenses 2021: $710,254Net Income 2021: -$78,4712021Revenue 2022: $790,585Expenses 2022: $769,299Net Income 2022: $21,2862022Revenue 2023: $684,636Expenses 2023: $934,656Net Income 2023: -$250,0202023Revenue 2024: $483,857Expenses 2024: $560,557Net Income 2024: -$76,7002024

Highlighted filing

2014

Revenue$296,581
Expenses$440,334
Net Income-$143,753
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$296,581
Mission and Program Overview

Mission

2XSalt strives to combat juvenile delinquency by cultivating Christian character in the youth community through leadership, education, and athletic training that is founded on Christ-centered principles.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,161,088$5,072,196▼ $88,892
Cap Stk Tr Prin Current Funds$4,666,255$4,522,502▼ $143,753
Loans From Officers Directors$600,000$600,000→ $0
Cash and Non-Interest-Bearing Accounts$97,151$43,124▼ $54,027
Intangible Assets$5,915$4,969▼ $946
Savings and Temporary Cash Investments$2,101$2,213▲ $112
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$5,266,255$5,122,502▼ $143,753
Other Assets Total-$0-
Liabilities
Total Liabilities$600,000$600,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,666,255$4,522,502▼ $143,753
Total Liabilities and Net Assets / Fund Balance$5,266,255$5,122,502▼ $143,753

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,836,418-$2,836,418
Buildings$2,185,566$334,366$2,519,932
Other Land Buildings$43,384$149,611$192,995
Equipment$6,828$16,641$23,469
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Bart KofoedPresidentFT$72,000$72,000
Revenue and Support

Revenue Composition

Contributions and Grants
$294,975
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$1,606
All Other Contributions
$294,975
Change in Net Assets
$-143,753
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$271,145
Salaries, Compensation, and Employee Benefits$169,189
Total Fundraising Expense$22,161
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$88,066$2,751$1,834$92,651
Current Officers, Directors, Trustees, and Key Employees$54,000$9,000$9,000$72,000
Other Salaries and Wages$51,866$1,617$1,616$55,099
All Other Expenses$31,063$18,852$2,922$52,837
Other Employee Benefits$24,369$3,749$3,124$31,242
Interest$24,000--$24,000
Other Expenses$15,785$2,642$752$18,427
Payroll Taxes$8,461$1,302$1,085$10,848
Fees for Services Accounting$3,675$3,675-$7,350
Information Technology$987$71$353$1,411
Fees for Services Other$853$131$109$1,093
Advertising$279-$279$558
Total Functional Expenses$371,271$46,902$22,161$440,334
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$600,000$600,000→ $0
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Draft of Form 990 was reviewed by Board Members.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
2XSalt Inc
EIN
43-2023021
Phone
7043933939
Address
1900 Queen City Drive, Charlotte, NC 28208

Signing Officer

Name
Bart Kofoed
Title
President
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
0
Employees
3
Volunteers
500

Preparer

Firm
Miller Mcneish & Breedlove Pa
Address
309 S Laurel Ave, Charlotte, NC 28207
Preparer
William F Clark
Phone
7043768415
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

“BANK/CREDIT CHARGES: Column (A) - Total = $702; Column (B) - Program Services = $232; Column (C) - Management & General = $239; Column (D) - Fundraising = $231”

Form 990, Part IX, Line 24E: Other Expenses

“CORPORATE TAX: Column (A) - Total = $149; Column (B) - Program Services = $149; Column (C) - Management & General = $0; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“INSURANCE: Column (A) - Total = $17941; Column (B) - Program Services = $1840; Column (C) - Management & General = $15865; Column (D) - Fundraising = $236”

Form 990, Part IX, Line 24E: Other Expenses

“LICENSES AND PERMITS: Column (A) - Total = $175; Column (B) - Program Services = $0; Column (C) - Management & General = $175; Column (D) - Fundraising = $0”

Form 990, Part IX, Line 24E: Other Expenses

“REPAIRS & MAINTENANCE: Column (A) - Total = $10776; Column (B) - Program Services = $10237; Column (C) - Management & General = $323; Column (D) - Fundraising = $216”

Form 990, Part IX, Line 24E: Other Expenses

“SECURITY: Column (A) - Total = $863; Column (B) - Program Services = $820; Column (C) - Management & General = $26; Column (D) - Fundraising = $17”

Form 990, Part IX, Line 24E: Other Expenses

“TELEPHONE: Column (A) - Total = $8366; Column (B) - Program Services = $6693; Column (C) - Management & General = $837; Column (D) - Fundraising = $836”

Form 990, Part IX, Line 24E: Other Expenses

“TRANSPORTATION: Column (A) - Total = $13865; Column (B) - Program Services = $11092; Column (C) - Management & General = $1387; Column (D) - Fundraising = $1386”

Raw XML AppendixShowing 400 of 417 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc02XSalt strives to combat juvenile delinquency by cultivating Christian character in the youth community through leadership, education, and athletic training that is founded on Christ-centered principles.
IRS990/AdvertisingGrp/FundraisingAmt0279
IRS990/AdvertisingGrp/ProgramServicesAmt0279
IRS990/AdvertisingGrp/TotalAmt0558
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0294975
IRS990/AllOtherExpensesGrp/FundraisingAmt02922
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt018852
IRS990/AllOtherExpensesGrp/ProgramServicesAmt031063
IRS990/AllOtherExpensesGrp/TotalAmt052837
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0BART KOFOED
IRS990/BooksInCareOfDetail/PhoneNum07043933939
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01900 Queen City Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0Charlotte
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028209
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt04666255
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt04522502
IRS990/CashNonInterestBearingGrp/BOYAmt097151
IRS990/CashNonInterestBearingGrp/EOYAmt043124
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt09000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt054000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt072000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0294975
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0271145
IRS990/CYOtherRevenueAmt01606
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-143753
IRS990/CYSalariesCompEmpBnftPaidAmt0169189
IRS990/CYTotalExpensesAmt0440334
IRS990/CYTotalFundraisingExpenseAmt022161
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0296581
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt01834
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02751
IRS990/DepreciationDepletionGrp/ProgramServicesAmt088066
IRS990/DepreciationDepletionGrp/TotalAmt092651
IRS990/Desc0Operated widely attended basketball/sports camps; hosted coaching clinics and sponsored basketball leagues and tournaments with Christian witness; provided training for sport specific skills and Christian leadership and development.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0371271
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03675
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt03675
IRS990/FeesForServicesAccountingGrp/TotalAmt07350
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0109
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0131
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0853
IRS990/FeesForServicesOtherGrp/TotalAmt01093
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0BART KOFOED
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt072000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0296581
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0353
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt071
IRS990/InformationTechnologyGrp/ProgramServicesAmt0987
IRS990/InformationTechnologyGrp/TotalAmt01411
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt05915
IRS990/IntangibleAssetsGrp/EOYAmt04969
IRS990/InterestGrp/ProgramServicesAmt024000
IRS990/InterestGrp/TotalAmt024000
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0500618
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05161088
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05072196
IRS990/LandBldgEquipCostOrOtherBssAmt05572814
IRS990/LegalDomicileStateCd0NC
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0600000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0600000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc02XSalt strives to combat juvenile delinquency by cultivating Christian character in the youth community through leadership, education, and athletic training that is founded on Christ-centered principles.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04666255
IRS990/NetAssetsOrFundBalancesEOYAmt04522502
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03124
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03749
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt024369
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031242
IRS990/OtherExpensesGrp/Desc0UTILITIES/CABLE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2OUTSIDE LABOR
IRS990/OtherExpensesGrp/Desc3MEALS/MEETINGS
IRS990/OtherExpensesGrp/FundraisingAmt0668
IRS990/OtherExpensesGrp/FundraisingAmt1419
IRS990/OtherExpensesGrp/FundraisingAmt2752
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01001
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1419
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21692
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32642
IRS990/OtherExpensesGrp/ProgramServicesAmt031703
IRS990/OtherExpensesGrp/ProgramServicesAmt119811
IRS990/OtherExpensesGrp/ProgramServicesAmt216353
IRS990/OtherExpensesGrp/ProgramServicesAmt315785
IRS990/OtherExpensesGrp/TotalAmt033372
IRS990/OtherExpensesGrp/TotalAmt120649
IRS990/OtherExpensesGrp/TotalAmt218797
IRS990/OtherExpensesGrp/TotalAmt318427
IRS990/OtherRevenueMiscGrp/Desc0NC SALES TAX REFUND
IRS990/OtherRevenueMiscGrp/ExclusionAmt01606
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01606
IRS990/OtherRevenueTotalAmt01606
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01616
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01617
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt051866
IRS990/OtherSalariesAndWagesGrp/TotalAmt055099
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01085
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01302
IRS990/PayrollTaxesGrp/ProgramServicesAmt08461
IRS990/PayrollTaxesGrp/TotalAmt010848
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0350184
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0281
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0293824
IRS990/PYOtherRevenueAmt016316
IRS990/PYRevenuesLessExpensesAmt0-81106
IRS990/PYSalariesCompEmpBnftPaidAmt0154063
IRS990/PYTotalExpensesAmt0447887
IRS990/PYTotalRevenueAmt0366781
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-143753
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02213
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0294975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0350184
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0574310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0941814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0760300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02921583
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0281
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0-428
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0-246
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0-380
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01606
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt016316
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt019226
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt050725
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt050553
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0138426
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.57440
IRS990ScheduleA/PublicSupportPY170Pct00.53820
IRS990ScheduleA/PublicSupportTotal170Amt01846743
IRS990ScheduleA/SubstantialContributorsTotAmt01074840
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0294975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0350184
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0574310
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0941814
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0760300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02921583
IRS990ScheduleA/TotalSupportAmt03215248
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0155619
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0155619
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/BuildingsGrp/BookValueAmt02185566
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0334366
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02519932
IRS990ScheduleD/EquipmentGrp/BookValueAmt06828
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016641
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023469
IRS990ScheduleD/LandGrp/BookValueAmt02836418
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02836418
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043384
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0149611
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0192995
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05072196
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0600000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0To refinance existing bank mortgage.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01800000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Charles H Cotros
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0600000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Draft of Form 990 was reviewed by Board Members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK/CREDIT CHARGES: Column (A) - Total = $702; Column (B) - Program Services = $232; Column (C) - Management & General = $239; Column (D) - Fundraising = $231
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CORPORATE TAX: Column (A) - Total = $149; Column (B) - Program Services = $149; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE: Column (A) - Total = $17941; Column (B) - Program Services = $1840; Column (C) - Management & General = $15865; Column (D) - Fundraising = $236
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LICENSES AND PERMITS: Column (A) - Total = $175; Column (B) - Program Services = $0; Column (C) - Management & General = $175; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REPAIRS & MAINTENANCE: Column (A) - Total = $10776; Column (B) - Program Services = $10237; Column (C) - Management & General = $323; Column (D) - Fundraising = $216
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SECURITY: Column (A) - Total = $863; Column (B) - Program Services = $820; Column (C) - Management & General = $26; Column (D) - Fundraising = $17
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE: Column (A) - Total = $8366; Column (B) - Program Services = $6693; Column (C) - Management & General = $837; Column (D) - Fundraising = $836
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRANSPORTATION: Column (A) - Total = $13865; Column (B) - Program Services = $11092; Column (C) - Management & General = $1387; Column (D) - Fundraising = $1386
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05266255
IRS990/TotalAssetsEOYAmt05122502
IRS990/TotalAssetsGrp/BOYAmt05266255
IRS990/TotalAssetsGrp/EOYAmt05122502
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0294975
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022161
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt046902
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0371271
IRS990/TotalFunctionalExpensesGrp/TotalAmt0440334
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0600000
IRS990/TotalLiabilitiesEOYAmt0600000
IRS990/TotalLiabilitiesGrp/BOYAmt0600000
IRS990/TotalLiabilitiesGrp/EOYAmt0600000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04666255
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04522502
IRS990/TotalProgramServiceExpensesAmt0371271
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt072000
IRS990/TotalRevenueGrp/ExclusionAmt01606
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0296581
IRS990/TotalVolunteersCnt0500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05266255
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05122502
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.2XSALT.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BART KOFOED
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt02XSalt Inc
ReturnHeader/Filer/BusinessNameControlTxt02XSA
ReturnHeader/Filer/EIN0432023021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$5,122,502
Liabilities
$600,000
Net assets
$4,522,502
Revenue
$296,581
Expenses
$440,334
Net income
-$143,753
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.31$0.00$2.31$0.48$0.56$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$0.68$0.93$0.25
2022Detailed filing. Detailed filing data is available for this year.$2.52$0.01$2.51$0.79$0.77$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.27$0.01$2.26$0.63$0.71$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.35$0.01$2.34$0.37$0.47$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.44$0.01$0.26$0.25
2018Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.01$0.28$0.27
2017Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$1.24$0.31$1.55
2016Detailed filing. Detailed filing data is available for this year.$4.96$0.30$4.66$0.12$0.36$0.24
2015Detailed filing. Detailed filing data is available for this year.$5.20$0.30$4.90$0.79$0.41$0.38
2014Detailed filing. Detailed filing data is available for this year.$5.12$0.60$4.52$0.30$0.44$0.14
2013Detailed filing. Detailed filing data is available for this year.$5.27$0.60$4.67$0.37$0.45$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.60$4.75$0.57
2011Summary only. Only limited summary data is available for this year.$5.31$0.60$4.71$1.16$0.61$0.55
2010Summary only. Only limited summary data is available for this year.$5.96$1.80$4.16$0.83$0.57$0.26