Civic Intelligence

Sonny Carter Foundation

990EZ • Fiscal year 2018 • EIN 45-5389067

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 05, 2018

PO Box 547Cornelius, NC 28031

(704) 402-8702

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

60th percentile

8.2%

Higher net margin than 60% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

89th percentile

$38,462

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 38.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

85th percentile

54%

Faster asset growth than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

61st percentile

8.5%

Faster revenue growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$23,537

Up $8,204 (+54%) from 2017

Net Assets

Up

$23,537

Up $8,204 (+54%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$100,325

Up $7,818 (+8.5%) from 2017

Expenses

Down

$92,121

Down $41,307 (-31%) from 2017

Net Income

Up

$8,204

Up $49,125 (+120%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $93,932Liabilities 2013: $432Net Assets 2013: $93,5002013Assets 2015: $130,874Net Assets 2015: $130,8742015Assets 2016: $56,254Liabilities 2016: $02016Assets 2017: $15,333Net Assets 2017: $15,3332017Assets 2018: $23,537Net Assets 2018: $23,5372018Assets 2019: $13,411Liabilities 2019: $02019Assets 2020: $5,504Liabilities 2020: $02020Assets 2021: $626Liabilities 2021: $3202021Assets 2022: $15,258Net Assets 2022: $15,2582022Assets 2023: $1,817Net Assets 2023: $1,8172023Assets 2024: $1,204Liabilities 2024: $02024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2018

Assets$23,537
Liabilities-
Net Assets$23,537

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $176,555Expenses 2013: $83,055Net Income 2013: $93,5002013Revenue 2015: $152,107Expenses 2015: $116,820Net Income 2015: $35,2872015Revenue 2016: $60,512Expenses 2016: $135,132Net Income 2016: -$74,6202016Revenue 2017: $92,507Expenses 2017: $133,428Net Income 2017: -$40,9212017Revenue 2018: $100,325Expenses 2018: $92,121Net Income 2018: $8,2042018Revenue 2019: $85,512Expenses 2019: $95,638Net Income 2019: -$10,1262019Revenue 2020: $56,771Expenses 2020: $64,679Net Income 2020: -$7,9082020Revenue 2021: $6,185Expenses 2021: $10,742Net Income 2021: -$4,5572021Revenue 2022: $25,861Expenses 2022: $10,909Net Income 2022: $14,9522022Revenue 2023: $20,016Expenses 2023: $33,457Net Income 2023: -$13,4412023Revenue 2024: $3,005Expenses 2024: $3,618Net Income 2024: -$6132024Revenue 2025: $10,000Expenses 2025: $10,839Net Income 2025: -$8392025

Highlighted filing

2018

Revenue$100,325
Expenses$92,121
Net Income$8,204
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 5, 2018
Return Version
2017v2.3
Gross Receipts
$100,325
Mission and Program Overview

Mission

Promote equality, enhance the visibility, education, and advancement of individuals facing social and socio-economic inequities, and provide scholarships for girls to participate in love progress park leadership programs.

Young elites provides expert programming for high school girls to inspire their intellectual, physical, and social growth while preparing them for a lifestyle of leadership.

Program Services

DescriptionGrantsExpenses
YOUNG ELITES PROVIDES THE OPPORTUNITY FOR YOUNG WOMEN TO ENGAGE IN A SERIES OF SEMINARS, PHYSICAL, MENTAL, AND TEAM BUILDING CHALLENGES, EXPERT SPEAKERS, SERVICE, AND LEADERSHIP OPPORTUNITIES THROUGHOUT THE COMMUNITY AND EXAMINE CORE PRINCIPLES: EXCELLENCE-LEADERSHIP-INITIATIVE-TENACITY- EXECUTION.$1,500$88,289
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER SHILEYPresidentFT$38,462-$38,462
ADAM BOATSMANTreasurer-$0--
KAREN WOLTERVice Preside-$0--
KATHIE FISHERDirector-$0--
LARRY JORDANDirector-$0--
PAMELA ABIRACHEDDirector-$0--
GREG O'CONNORDirector-$0--
ALLISON PHILLIPSDirector-$0--
HEATHER ROBERTSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Young Elites Inc
EIN
45-5389067
Address
PO BOX 547, CORNELIUS, NC 28031

Signing Officer

Name
Jennifer Shiley
Title
President
Phone
7044028702
Signed
2018-11-05
Discuss with paid preparer
Yes

Preparer

Firm
Bgw CPA Pllc
Address
1616 CAMDEN RD STE 510, CHARLOTTE, NC 28203-4756
Preparer
Rebecca J Cole
Phone
7045520553
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 2,044 office expense 2,378 travel 464 insurance 2,925 direct program expenses 21,280 guest speaker 1,652 staff development 50 interest expense 11 non-investment depreciation 1,108 total 31,912

Form 990-ez, Part II, Line 24

12,077 12,077 less accumulated depreciation 9,864 10,972 total 2,213 1,105

Form 990-ez, Part III

Young elites provides expert programming for high school girls to inspire their intellectual, physical, and social growth while preparing them for a lifestyle of leadership.

Form 990-ez, Part III, Line 28

Young elites provides the opportunity for young women to engage in a series of seminars, physical, mental, and team building challenges, expert speakers, service, and leadership opportunities throughout the community and examine core principles: excellence-leadership-initiative-tenacity- execution.

Raw XML Appendix157 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 2,044 OFFICE EXPENSE 2,378 TRAVEL 464 INSURANCE 2,925 DIRECT PROGRAM EXPENSES 21,280 GUEST SPEAKER 1,652 STAFF DEVELOPMENT 50 INTEREST EXPENSE 11 NON-INVESTMENT DEPRECIATION 1,108 TOTAL 31,912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt112,077 12,077 LESS ACCUMULATED DEPRECIATION 9,864 10,972 TOTAL 2,213 1,105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2YOUNG ELITES PROVIDES EXPERT PROGRAMMING FOR HIGH SCHOOL GIRLS TO INSPIRE THEIR INTELLECTUAL, PHYSICAL, AND SOCIAL GROWTH WHILE PREPARING THEM FOR A LIFESTYLE OF LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3YOUNG ELITES PROVIDES THE OPPORTUNITY FOR YOUNG WOMEN TO ENGAGE IN A SERIES OF SEMINARS, PHYSICAL, MENTAL, AND TEAM BUILDING CHALLENGES, EXPERT SPEAKERS, SERVICE, AND LEADERSHIP OPPORTUNITIES THROUGHOUT THE COMMUNITY AND EXAMINE CORE PRINCIPLES: EXCELLENCE-LEADERSHIP-INITIATIVE-TENACITY- EXECUTION.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER SHILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07044028702
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA J COLE
ReturnHeader/ReturnTs02018-11-07T12:31:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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Filings