Civic Intelligence

Carolinas Chapter of Corenet Global

EIN 45-4557001 • 501(c)6 • Leesburg, VA

Profile

The mission of the carolinas chapter is to connect groups of professionals, end users and service providers in order to advance knowledge, promote personal excellence and add value to each individual and their respective enterprises. Our chapter accomplishes our mission through facilitating and sponsoring a variety of diversified programs that provide members educational and networking opportunities.

673 Potomac Station Dr 801Leesburg, VA 20176

carolinas.corenetglobal.org

Siviq Scores

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

Liabilities / Assets

94th percentile

0.75x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

0.73x

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

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

4th percentile

-218%

Higher net margin than 4% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

12th percentile

-60%

Faster asset growth than 12% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-83%

Faster revenue growth than 6% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$67,920

Down $102,708 (-60%) from 2023

Liabilities

Up

$50,965

Up $46,482 (+1037%) from 2023

Net Assets

Down

$16,955

Down $149,190 (-90%) from 2023

Revenue

Down

$69,923

Down $345,884 (-83%) from 2023

Expenses

Down

$222,060

Down $203,768 (-48%) from 2023

Net Income

Down

-$152,137

Down $142,116 (-1418%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $202,644Liabilities 2012: $57,800Net Assets 2012: $144,8442012Assets 2013: $291,797Liabilities 2013: $135,700Net Assets 2013: $156,0972013Assets 2014: $329,088Liabilities 2014: $122,981Net Assets 2014: $206,1072014Assets 2015: $344,046Liabilities 2015: $113,028Net Assets 2015: $231,0182015Assets 2016: $269,604Liabilities 2016: $71,513Net Assets 2016: $198,0912016Assets 2017: $221,852Liabilities 2017: $47,418Net Assets 2017: $174,4342017Assets 2018: $250,320Liabilities 2018: $51,118Net Assets 2018: $199,2022018Assets 2019: $255,360Liabilities 2019: $17,126Net Assets 2019: $238,2342019Assets 2020: $318,056Liabilities 2020: $33,416Net Assets 2020: $284,6402020Assets 2021: $419,306Liabilities 2021: $127,380Net Assets 2021: $291,9262021Assets 2022: $223,443Liabilities 2022: $48,538Net Assets 2022: $174,9052022Assets 2023: $170,628Liabilities 2023: $4,483Net Assets 2023: $166,1452023Assets 2024: $67,920Liabilities 2024: $50,965Net Assets 2024: $16,9552024

Highlighted filing

2024

Assets$67,920
Liabilities$50,965
Net Assets$16,955

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $246,139Expenses 2012: $206,548Net Income 2012: $39,5912012Revenue 2013: $239,463Expenses 2013: $226,311Net Income 2013: $13,1522013Revenue 2014: $255,491Expenses 2014: $207,377Net Income 2014: $48,1142014Revenue 2015: $261,765Expenses 2015: $235,633Net Income 2015: $26,1322015Revenue 2016: $325,922Expenses 2016: $360,169Net Income 2016: -$34,2472016Revenue 2017: $337,621Expenses 2017: $359,459Net Income 2017: -$21,8382017Revenue 2018: $388,578Expenses 2018: $363,810Net Income 2018: $24,7682018Revenue 2019: $459,772Expenses 2019: $420,518Net Income 2019: $39,2542019Revenue 2020: $190,179Expenses 2020: $144,540Net Income 2020: $45,6392020Revenue 2021: $257,573Expenses 2021: $250,258Net Income 2021: $7,3152021Revenue 2022: $460,172Expenses 2022: $583,534Net Income 2022: -$123,3622022Revenue 2023: $415,807Expenses 2023: $425,828Net Income 2023: -$10,0212023Revenue 2024: $69,923Expenses 2024: $222,060Net Income 2024: -$152,1372024

Highlighted filing

2024

Revenue$69,923
Expenses$222,060
Net Income-$152,137

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$69,923
Mission and Program Overview

Mission

The mission of the carolinas chapter is to connect groups of professionals, end users and service providers in or to advance knowledge, promote personal excellence and add value to each individual and their respective enterprises. Our chapter accomplishes our mission through facilitating and sponsoring a variety of diversified programs that provide members educational and networking opportunities.

The mission of the carolinas chapter is to connect groups of professionals, end users and service providers in order to advance knowledge, promote personal excellence and add value to each individual and their respective enterprises. Our chapter accomplishes our mission through facilitating and sponsoring a variety of diversified programs that provide members educational and networking opportunities.

Program Services

DescriptionGrantsExpenses
Mega 2024-$78,670
CoreAwards 2024-$23,078
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Paul ReadTreasurerPT$0--
Christy BennettDirectorPT$0--
Jason DoddPresidentPT$0--
Ben BaileySecretaryPT$0--
Harold HicksVice PresidentPT$0--
Meghan CaldwellDirectorPT$0--
Anna DeShazierDirectorPT$0--
Carl RoarkeDirectorPT$0--
Jen SizakDirectorPT$0--
James CanalesDirectorPT$0--
Patrick HoffmanDirectorPT$0--
Donald HaurnetDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Carolinas Chapter of CoreNet Global
EIN
45-4557001
Phone
7049407390
Address
673 Potomac Station Dr 801, Leesburg, VA 20176

Signing Officer

Name
Paul Read
Title
Current Treasurer
Signed
2025-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Foard and Company PA
Address
1347 Harding Place, Charlotte, NC 28204
Preparer
Terry W Lancaster
Phone
7043721515
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $2780

Other Expenses.1005

Travel $195

Other Expenses.1

Mega event expenses $78670

Other Expenses.2

Award dinner expense $23078

Other Expenses.3

Networking event expense $15827

Other Expenses.4

BOARD MEETINGS $6453

Other Expenses.5

PROGRAM MEETINGS $2921

Other Expenses.6

Dues and subscritions $2899

Other Expenses.7

QB FEES $1325

Other Expenses.8

SPONSORHIPS $1000

Other Expenses.9

Bank & credit card fees $870

Other Expenses.11

TELEPHONE EXPENSE $775

Other Expenses.12

G&A OTHER EXPENSES $420

Other Expenses.13

Global summit expenses $333

Other Expenses.14

INTEREST EXPENSE $250

Other Expenses.15

ELC EXPENSES $196

Other Assets.1005

Accounts Receivable - Beginning $16416 Accounts Receivable - Ending $14500

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $2000 Prepaid Expenses and Deferred Charges - Ending $0

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1203 Accounts Payable and Accrued Expenses - Ending $715

Total Liabilities.1003

Deferred Revenue - Beginning $3280 Deferred Revenue - Ending $20000

Total Liabilities.1

Assist. Loan - Beginning $0 Assist. Loan - Ending $30250

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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/EIN0454557001
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