Civic Intelligence

Backpack Blessings Inc.

990EZ • Fiscal year 2018 • EIN 46-2130254

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 16, 2018

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

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

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

Top Officer Pay

89th percentile

$12,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

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

Asset Growth

76th percentile

26%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

55th percentile

4.0%

Faster revenue growth than 55% of similar nonprofits.

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

Assets

Up

$103,427

Up $21,170 (+26%) from 2017

Net Assets

Up

$98,124

Up $22,795 (+30%) from 2017

Liabilities

Down

$5,303

Down $1,625 (-23%) from 2017

Revenue

Up

$131,069

Up $5,036 (+4.0%) from 2017

Expenses

Down

$108,274

Down $28,341 (-21%) from 2017

Net Income

Up

$22,795

Up $33,377 (+315%) from 2017

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

2018

Assets$103,427
Liabilities$5,303
Net Assets$98,124

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

2018

Revenue$131,069
Expenses$108,274
Net Income$22,795
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 16, 2018
Return Version
2017v2.3
Gross Receipts
$131,069
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-$108,239
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUTH POWERSExecutive DiFT$12,000-$12,000
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--
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
2018-01-16
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 bank service charges 35 website development 220 stationary & office suppl 445 luncheon expense 140 after school/evening clas 72 holiday blessings food 5,429 miscellaneous 275 summer feeding - food 8,425 supplies 60 tubs/ziploc bags 64 weekend food purchases 79,789 non-investment depreciation 102 total 95,056

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 18,462 3,502 713 713 less accumulated depreciation 110 212 total 19,065 4,003

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 2,178 2,178 deferred revenue 4,750 3,125

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.

Raw XML Appendix191 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE CHARGES 35 WEBSITE DEVELOPMENT 220 STATIONARY & OFFICE SUPPL 445 LUNCHEON EXPENSE 140 AFTER SCHOOL/EVENING CLAS 72 HOLIDAY BLESSINGS FOOD 5,429 MISCELLANEOUS 275 SUMMER FEEDING - FOOD 8,425 SUPPLIES 60 TUBS/ZIPLOC BAGS 64 WEEKEND FOOD PURCHASES 79,789 NON-INVESTMENT DEPRECIATION 102 TOTAL 95,056
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 18,462 3,502 713 713 LESS ACCUMULATED DEPRECIATION 110 212 TOTAL 19,065 4,003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,178 2,178 DEFERRED REVENUE 4,750 3,125
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY G SALEM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02526368780
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-16
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
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ReturnHeader/Filer/USAddress/ZIPCd028560
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:15:13
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/PreparationDt02018-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY G SALEM CPA
ReturnHeader/ReturnTs02018-11-06T13:15:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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