Civic Intelligence

Down East Connect Inc

EIN 45-2408145 • 501(c)5 • Whiteville, NC

Profile

Network allowing local farmers to locate individuals and businesses to purchase their crops

45 Gov Complex RdWhiteville, NC 28472

www.farmersfreshmarket.org/DOWNEAST

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.17x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.01x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2015

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

501(c)5 • <$500k nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

96th percentile

70%

Faster asset growth than 96% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

501(c)5 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$5,087

Up $2,086 (+70%) from 2014

Liabilities

Down

$888

Down $856 (-49%) from 2014

Net Assets

Up

$4,199

Up $2,942 (+234%) from 2014

Operations
Liabilities / Revenue75th percentileNet Margin53rd percentile

Revenue

Down

$60,939

Down $10,237 (-14%) from 2014

Expenses

Down

$58,026

Down $14,328 (-20%) from 2014

Net Income

Up

$2,913

Up $4,091 (+347%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

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

$30K$20K$10K$0Assets 2012: $26,713Liabilities 2012: $693Net Assets 2012: $26,0202012Assets 2013: $5,141Liabilities 2013: $2,746Net Assets 2013: $2,3952013Assets 2014: $3,001Liabilities 2014: $1,744Net Assets 2014: $1,2572014Assets 2015: $5,087Liabilities 2015: $888Net Assets 2015: $4,1992015

Highlighted filing

2015

Assets$5,087
Liabilities$888
Net Assets$4,199
Open 2015 Filing

Operations Trend

Revenue Growth17th percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $102,488Expenses 2012: $76,468Net Income 2012: $26,0202012Revenue 2013: $59,550Expenses 2013: $83,175Net Income 2013: -$23,6252013Revenue 2014: $71,176Expenses 2014: $72,354Net Income 2014: -$1,1782014Revenue 2015: $60,939Expenses 2015: $58,026Net Income 2015: $2,9132015

Highlighted filing

2015

Revenue$60,939
Expenses$58,026
Net Income$2,913
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,087
Liabilities
$888
Net assets
$4,199
Revenue
$60,939
Expenses
$58,026
Net income
$2,913
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.61$0.58$0.03
2014Summary only. Only limited summary data is available for this year.$0.03$0.02$0.01$0.71$0.72$0.01
2013Summary only. Only limited summary data is available for this year.$0.05$0.03$0.02$0.60$0.83$0.24
2012Summary only. Only limited summary data is available for this year.$0.27$0.01$0.26$1.02$0.76$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$60,939
Mission and Program Overview

Mission

Network allowing local farmers to locate individuals and businesses to purchase their crops

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION WAS ABLE TO CREAT AND MAINTAIN A NETWORK THAT PROVIDED OCAL FRAMERS A WAY TO SELL THEIR CROPS TO SURROUNDING INDIVIDUALS AND BUSINESSES.--
THE ORGANIZATION WAS ABLE TO CREAT AND MAINTAIN A NETWORK THAT PROVIDED LOCAL FARMERS A WAY TO SELL THEIR CROPS TO SURROUNDING INDIVIDUALS AND BUSINESSES.--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSHUA HEINBERGTreasurer-$1,000-$1,000
BOYD WORLEYPresident-$0--
HOWARD WALLACEVice Pres-$0--
HOWARD WALLACESecretary-$0--
BRUCE JOHNSONDirector-$0--
KEN BUCKDirector-$0--
CHRISTINE DEENERDirector-$0--
REBECCA WESTBROOKSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Down East Connect Inc
EIN
45-2408145
Phone
9107629304
Address
45 GOV COMPLEX RD, WHITEVILLE, NC 28472

Signing Officer

Name
Joshua Heinberg
Title
Treasurer
Phone
9107629304
Signed
2015-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Beth S Cribb CPA Pllc
Address
118 CASEYS DR, WHITEVILLE, NC 28472
Preparer
Beth S Cribb CPA
Phone
9106532791
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 1,285 office 285 meeting expenses 55 taxes - payroll & other 194 credit card processing fe 201 delivery truck expenses 4,595 crop sales owed to farmer 26,795 bank service charges 8 postage & delivery 250 non-investment depreciation 1,230 total 34,898”

Form 990-ez, Part I, Line 20

“Book / tax depreciation difference 29”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 0 444 10,773 10,773 less accumulated depreciation 7,772 8,973 total 3,001 2,244”

Form 990-ez, Part II, Line 26

“Payroll tax liablities 1,017 888 bank overdraft 727 0”

Form 990-ez, Part III

“Network allowing local farmers to locate individuals and businesses to purchase their crops”

Form 990-ez, Part III, Line 31

“The organization was able to creat and maintain a network that provided local farmers a way to sell their crops to surrounding individuals and businesses.”

Raw XML Appendix126 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOSHUA HEINBERG
IRS990EZ/BooksInCareOfDetail/PhoneNum09107629304
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 56
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILMINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028402
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02843
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt030000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02913
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03001
IRS990EZ/Form990TotalAssetsGrp/EOYAmt05087
IRS990EZ/GrossReceiptsAmt060939
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01257
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04199
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01257
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04199
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt31000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BOYD WORLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HOWARD WALLACE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HOWARD WALLACE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSHUA HEINBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRUCE JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KEN BUCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHRISTINE DEENER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7REBECCA WESTBROOKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03001
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02244
IRS990EZ/OtherChangesInNetAssetsAmt029
IRS990EZ/OtherExpensesTotalAmt034898
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0NETWORK ALLOWING LOCAL FARMERS TO LOCATE INDIVIDUALS AND BUSINESSES TO PURCHASE THEIR CROPS
IRS990EZ/ProgramServiceRevenueAmt030939
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION WAS ABLE TO CREAT AND MAINTAIN A NETWORK THAT PROVIDED OCAL FRAMERS A WAY TO SELL THEIR CROPS TO SURROUNDING INDIVIDUALS AND BUSINESSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ORGANIZATION WAS ABLE TO CREAT AND MAINTAIN A NETWORK THAT PROVIDED LOCAL FARMERS A WAY TO SELL THEIR CROPS TO SURROUNDING INDIVIDUALS AND BUSINESSES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt023128
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01744
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0888
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt058026
IRS990EZ/TotalRevenueAmt060939
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FARMERSFRESHMARKET.ORG/DOWNEAST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,285 OFFICE 285 MEETING EXPENSES 55 TAXES - PAYROLL & OTHER 194 CREDIT CARD PROCESSING FE 201 DELIVERY TRUCK EXPENSES 4,595 CROP SALES OWED TO FARMER 26,795 BANK SERVICE CHARGES 8 POSTAGE & DELIVERY 250 NON-INVESTMENT DEPRECIATION 1,230 TOTAL 34,898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE 29
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 0 444 10,773 10,773 LESS ACCUMULATED DEPRECIATION 7,772 8,973 TOTAL 3,001 2,244
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAX LIABLITIES 1,017 888 BANK OVERDRAFT 727 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NETWORK ALLOWING LOCAL FARMERS TO LOCATE INDIVIDUALS AND BUSINESSES TO PURCHASE THEIR CROPS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION WAS ABLE TO CREAT AND MAINTAIN A NETWORK THAT PROVIDED LOCAL FARMERS A WAY TO SELL THEIR CROPS TO SURROUNDING INDIVIDUALS AND BUSINESSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSHUA HEINBERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09107629304
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DOWN EAST CONNECT INC
ReturnHeader/Filer/BusinessNameControlTxt0DOWN
ReturnHeader/Filer/EIN0452408145
ReturnHeader/Filer/PhoneNum09107629304
ReturnHeader/Filer/USAddress/AddressLine1Txt045 GOV COMPLEX RD
ReturnHeader/Filer/USAddress/CityNm0WHITEVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028472
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582346860
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BETH S CRIBB CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0118 CASEYS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHITEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028472
ReturnHeader/PreparerPersonGrp/PhoneNum09106532791
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BETH S CRIBB CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-11-27T08:37:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-04-01
ReturnHeader/TaxPeriodEndDt02015-03-31
ReturnHeader/TaxYr02014

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