Civic Intelligence

Ballantyne IT Professionals Inc

EIN 45-4217340 • 501(c)4 • Waxhaw, NC

990-N Coverage

Profile

Ballantyne it professional, inc. Primary goal is to provide a professional organization for persons in the field of information technology in the ballantyne area of charlotte, north carolina. We are focused on connecting it professionals, host speakers discussing it related topics and local it community topics, it related jobs, it user groups, it related events, it networking & fellowship and charitable events & participation.

2140 Lord Proprietor LaneWaxhaw, NC 28173

www.ballantyneit.com

Siviq Scores

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

Liabilities / Assets

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.01x

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

501(c)4 • <$500k nonprofits • Source year 2019

Net Margin

31st percentile

-9.3%

Higher net margin than 31% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2019

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$24,932

No earlier filing loaded for comparison.

Liabilities

$541

No earlier filing loaded for comparison.

Net Assets

$24,391

No earlier filing loaded for comparison.

Revenue

$40,573

No earlier filing loaded for comparison.

Expenses

$44,361

No earlier filing loaded for comparison.

Net Income

-$3,788

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2019: $24,932Liabilities 2019: $541Net Assets 2019: $24,3912019

Highlighted filing

2019

Assets$24,932
Liabilities$541
Net Assets$24,391

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2019: $40,573Expenses 2019: $44,361Net Income 2019: -$3,7882019

Highlighted filing

2019

Revenue$40,573
Expenses$44,361
Net Income-$3,788

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$24.9$0.54$24.4$40.6$44.4$3.79
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 25, 2020
Return Version
2019v5.1
Gross Receipts
$40,573
Mission and Program Overview

Mission

Ballantyne it professional, inc. Primary goal is to provide a professional organization for persons in the field of information technology in the ballantyne area of charlotte, north carolina. We are focused on connecting it professionals, host speakers discussing it related topics and local it community topics, it related jobs, it user groups, it related events, it networking & fellowship and charitable events & participation.

Program Services

DescriptionGrantsExpenses
OUR MISSION IS TO CONNECT IT, BUILD IT, CREATE IT AND GIVE BACK TO IT & OUR COMMUNITY. WE ACCOMPLISH THIS THROUGH PARTNERING WITH GREAT ORGANIZATIONS LIKE LEVINE CHILDREN'S HOSPITAL, ISABELLA SANTOS FOUNDATION, CHARLOTTE AREA TECHNOLOGY COUNSEL, AND INFRAGARD AMONG OTHERS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL CHAROBEEPresident & TreasurerPT$0--
ANGELA WYANTVice President-$0--
Filing and Contact Details

Filer

Filer Name
Ballantyne It Professionals Inc
EIN
45-4217340
Phone
9807296325
Address
2140 LORD PROPRIETOR LANE, WAXHAW, NC 28173

Signing Officer

Name
Michael Charobee
Title
President and Treasurer
Phone
9807296325
Signed
2020-06-25
Discuss with paid preparer
Yes

Preparer

Firm
Vance Flouhouse & Garges Pllc
Address
7725 BALLANTYNE COMMONS PKY STE103, CHARLOTTE, NC 28277
Preparer
Ronald G Vance
Phone
7043697200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: sales. Amount: 40,573.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising. Amount: 3,417. Description: cio roundtable events. Amount: 18,382. Description: computer & internet. Amount: 2,583. Description: dues & subscriptions. Amount: 1,614. Description: insurance - liability. Amount: 1,261. Description: meals and entertainment. Amount: 208. Description: promotional. Amount: 11,082. Description: quickbooks payments fees. Amount: 1,129. Description: supplies. Amount: 118. Description: wtac event. Amount: 391. Total to form 990-ez, line 16: 40,185.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: other adjustments. Amount: 28,179.

Form 990-ez, Part II, Line 24 - Other Assets

Description: pledges and donations receivable. Beg. Of year amount: 0. End of year amount: 4,300. Description: undeposited funds. Beg. Of year amount: 0. End of year amount: 5,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: american express spg card. Beg. Of year amount: 0. End of year amount: 541.

Raw XML Appendix131 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL CHAROBEE
IRS990EZ/BooksInCareOfDetail/PhoneNum07045171194
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02140 LORD PROPRIETOR LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAXHAW
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028173
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015632
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-3788
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0559
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt024932
IRS990EZ/GrossReceiptsAmt040573
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024391
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024391
IRS990EZ/OccupancyRentUtltsAndMaintAmt03600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL CHAROBEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANGELA WYANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09300
IRS990EZ/OtherChangesInNetAssetsAmt028179
IRS990EZ/OtherExpensesTotalAmt040185
IRS990EZ/OtherRevenueTotalAmt040573
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0BALLANTYNE IT PROFESSIONAL, INC. PRIMARY GOAL IS TO PROVIDE A PROFESSIONAL ORGANIZATION FOR PERSONS IN THE FIELD OF INFORMATION TECHNOLOGY IN THE BALLANTYNE AREA OF CHARLOTTE, NORTH CAROLINA. WE ARE FOCUSED ON CONNECTING IT PROFESSIONALS, HOST SPEAKERS DISCUSSING IT RELATED TOPICS AND LOCAL IT COMMUNITY TOPICS, IT RELATED JOBS, IT USER GROUPS, IT RELATED EVENTS, IT NETWORKING & FELLOWSHIP AND CHARITABLE EVENTS & PARTICIPATION.
IRS990EZ/PrintingPublicationsPostageAmt017
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OUR MISSION IS TO CONNECT IT, BUILD IT, CREATE IT AND GIVE BACK TO IT & OUR COMMUNITY. WE ACCOMPLISH THIS THROUGH PARTNERING WITH GREAT ORGANIZATIONS LIKE LEVINE CHILDREN'S HOSPITAL, ISABELLA SANTOS FOUNDATION, CHARLOTTE AREA TECHNOLOGY COUNSEL, AND INFRAGARD AMONG OTHERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0541
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt044361
IRS990EZ/TotalRevenueAmt040573
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BALLANTYNEIT.COM
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt011000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt027000
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt027000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt011000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt027000
IRS990ScheduleA/TotalSupportAmt027000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: SALES. AMOUNT: 40,573.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ADVERTISING. AMOUNT: 3,417. DESCRIPTION: CIO ROUNDTABLE EVENTS. AMOUNT: 18,382. DESCRIPTION: COMPUTER & INTERNET. AMOUNT: 2,583. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 1,614. DESCRIPTION: INSURANCE - LIABILITY. AMOUNT: 1,261. DESCRIPTION: MEALS AND ENTERTAINMENT. AMOUNT: 208. DESCRIPTION: PROMOTIONAL. AMOUNT: 11,082. DESCRIPTION: QUICKBOOKS PAYMENTS FEES. AMOUNT: 1,129. DESCRIPTION: SUPPLIES. AMOUNT: 118. DESCRIPTION: WTAC EVENT. AMOUNT: 391. TOTAL TO FORM 990-EZ, LINE 16: 40,185.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER ADJUSTMENTS. AMOUNT: 28,179.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PLEDGES AND DONATIONS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 4,300. DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: AMERICAN EXPRESS SPG CARD. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 541.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CHAROBEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT AND TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09807296325
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BALLANTYNE IT PROFESSIONALS INC
ReturnHeader/Filer/BusinessNameControlTxt0BALL
ReturnHeader/Filer/EIN0454217340
ReturnHeader/Filer/PhoneNum09807296325
ReturnHeader/Filer/USAddress/AddressLine1Txt02140 LORD PROPRIETOR LANE
ReturnHeader/Filer/USAddress/CityNm0WAXHAW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028173
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0198B4B9B3F542666DE7DC71F803D43778556F0EF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.57.168.10
ReturnHeader/FilingSecurityInformation/IPDt02020-06-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:10:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260005391
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VANCE FLOUHOUSE & GARGES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07725 BALLANTYNE COMMONS PKY STE103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHARLOTTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028277
ReturnHeader/PreparerPersonGrp/PhoneNum07043697200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RONALD G VANCE
ReturnHeader/ReturnTs02020-07-01T14:32:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.