Civic Intelligence

Backpack Blessings Inc.

990EZ • Fiscal year 2017 • EIN 46-2130254

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 02, 2017

210 Craven StreetNew Bern, NC 28560

(252) 636-8780

Siviq Scores

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

Liabilities / Assets

75th percentile

0.08x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

25th percentile

-8.4%

Higher net margin than 25% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

25th percentile

-13%

Faster asset growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

-8.3%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$82,257

Down $12,582 (-13%) from 2016

Net Assets

Down

$75,329

Down $10,582 (-12%) from 2016

Liabilities

Down

$6,928

Down $2,000 (-22%) from 2016

Revenue

Down

$126,033

Down $11,372 (-8.3%) from 2016

Expenses

Up

$136,615

Up $39,105 (+40%) from 2016

Net Income

Down

-$10,582

Down $50,477 (-127%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $43,203Liabilities 2014: $18,8522014Assets 2015: $47,468Liabilities 2015: $1,4522015Assets 2016: $94,839Liabilities 2016: $8,928Net Assets 2016: $85,9112016Assets 2017: $82,257Liabilities 2017: $6,928Net Assets 2017: $75,3292017Assets 2018: $103,427Liabilities 2018: $5,303Net Assets 2018: $98,1242018Assets 2019: $141,687Liabilities 2019: $3,8362019Assets 2020: $178,364Liabilities 2020: $2,649Net Assets 2020: $175,7152020Assets 2021: $256,013Liabilities 2021: $1,324Net Assets 2021: $254,6892021Assets 2022: $294,801Liabilities 2022: $5,573Net Assets 2022: $289,2282022Assets 2023: $310,231Liabilities 2023: $563Net Assets 2023: $309,6682023Assets 2024: $322,910Liabilities 2024: $3,023Net Assets 2024: $319,8872024Assets 2025: $316,354Liabilities 2025: $526Net Assets 2025: $315,8282025

Highlighted filing

2017

Assets$82,257
Liabilities$6,928
Net Assets$75,329

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2014: $86,855Expenses 2014: $62,888Net Income 2014: $23,9672014Revenue 2015: $110,277Expenses 2015: $88,613Net Income 2015: $21,6642015Revenue 2016: $137,405Expenses 2016: $97,510Net Income 2016: $39,8952016Revenue 2017: $126,033Expenses 2017: $136,615Net Income 2017: -$10,5822017Revenue 2018: $131,069Expenses 2018: $108,274Net Income 2018: $22,7952018Revenue 2019: $148,671Expenses 2019: $108,944Net Income 2019: $39,7272019Revenue 2020: $166,296Expenses 2020: $128,430Net Income 2020: $37,8662020Revenue 2021: $157,791Expenses 2021: $78,818Net Income 2021: $78,9732021Revenue 2022: $141,623Expenses 2022: $107,084Net Income 2022: $34,5392022Revenue 2023: $161,145Expenses 2023: $140,704Net Income 2023: $20,4412023Revenue 2024: $149,981Expenses 2024: $139,764Net Income 2024: $10,2172024Revenue 2025: $148,094Expenses 2025: $152,153Net Income 2025: -$4,0592025

Highlighted filing

2017

Revenue$126,033
Expenses$136,615
Net Income-$10,582
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 2, 2017
Return Version
2016v3.0
Gross Receipts
$126,033
Mission and Program Overview

Mission

The organization's present activity is to seek funding through individual and business contributions as well as grant writing to provide weekend nourishment throughout the year to needy students in craven county, pamlico county and jones county nc.

Program Services

DescriptionGrantsExpenses
PROVIDE NOURISHMENT TO NEEDY STUDENTS-$136,615
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANTHONY G SALEMTreasurer-$0--
JOANNE BOYLEPresident-$0--
MARY COLEMANVice Preside-$0--
LISA EDWARDSSecretary-$0--
SHERON BENDERBoard Member-$0--
BECKY HUGHESBoard Member-$0--
RICK DAVISBoard Member-$0--
GARY LEONARDBoard Member-$0--
JACKIE ATTAWAYBoard Member-$0--
CAROLE HARTBoard Member-$0--
CLAYTON GASKINSBoard Member-$0--
REVA MARTINBoard Member-$0--
LYNN MALETSKYBoard Member-$0--
SUSAN SAWYERBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Backpack Blessings Inc
EIN
46-2130254
Phone
2526368780
Address
210 CRAVEN STREET, NEW BERN, NC 28560

Signing Officer

Name
Anthony G Salem
Title
Treasurer
Phone
2526368780
Signed
2017-10-02
Discuss with paid preparer
Yes

Preparer

Firm
A G Salem & Associates Pllc
Address
210 CRAVEN STREET, NEW BERN, NC 28560-2152
Preparer
Anthony G Salem CPA
Phone
2526368780
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 149 website development 175 stationary & office suppl 140 luncheon expense 218 after school/evening clas 4,820 holiday blessings food 3,646 miscellaneous 451 summer feeding - food 10,620 supplies 1,893 tubs/ziploc bags 672 weekend food purchases 100,511 non-investment depreciation 102 total 123,397

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 16,514 18,462 713 713 less accumulated depreciation 8 110 total 17,219 19,065

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,178 2,178 deferred revenue 6,750 4,750

Form 990-ez, Part III

The organization's present activity is to seek funding through individual and business contributions as well as grant writing to provide weekend nourishment throughout the year to needy students in craven county, pamlico county and jones county nc.

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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 149 WEBSITE DEVELOPMENT 175 STATIONARY & OFFICE SUPPL 140 LUNCHEON EXPENSE 218 AFTER SCHOOL/EVENING CLAS 4,820 HOLIDAY BLESSINGS FOOD 3,646 MISCELLANEOUS 451 SUMMER FEEDING - FOOD 10,620 SUPPLIES 1,893 TUBS/ZIPLOC BAGS 672 WEEKEND FOOD PURCHASES 100,511 NON-INVESTMENT DEPRECIATION 102 TOTAL 123,397
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 16,514 18,462 713 713 LESS ACCUMULATED DEPRECIATION 8 110 TOTAL 17,219 19,065
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,178 2,178 DEFERRED REVENUE 6,750 4,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S PRESENT ACTIVITY IS TO SEEK FUNDING THROUGH INDIVIDUAL AND BUSINESS CONTRIBUTIONS AS WELL AS GRANT WRITING TO PROVIDE WEEKEND NOURISHMENT THROUGHOUT THE YEAR TO NEEDY STUDENTS IN CRAVEN COUNTY, PAMLICO COUNTY AND JONES COUNTY NC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY G SALEM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02526368780
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BACKPACK BLESSINGS INC
ReturnHeader/Filer/BusinessNameControlTxt0BACK
ReturnHeader/Filer/EIN0462130254
ReturnHeader/Filer/PhoneNum02526368780
ReturnHeader/Filer/USAddress/AddressLine1Txt0210 CRAVEN STREET
ReturnHeader/Filer/USAddress/CityNm0NEW BERN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028560
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203875548
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0A G SALEM & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 CRAVEN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW BERN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0285602152
ReturnHeader/PreparerPersonGrp/PhoneNum02526368780
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY G SALEM CPA
ReturnHeader/ReturnTs02017-10-02T16:22:49-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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