Civic Intelligence

Backpack Blessings Inc.

990EZ • Fiscal year 2023 • EIN 46-2130254

Jul 01, 2022 to Jun 30, 2023 • Filed on Jan 09, 2024

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

65th percentile

0.00x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.00x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Net Margin

51st percentile

13%

Higher net margin than 51% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$15,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Asset Growth

53rd percentile

5.2%

Faster asset growth than 53% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

14%

Faster revenue growth than 52% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$310,231

Up $15,430 (+5.2%) from 2022

Net Assets

Up

$309,668

Up $20,440 (+7.1%) from 2022

Liabilities

Down

$563

Down $5,010 (-90%) from 2022

Revenue

Up

$161,145

Up $19,522 (+14%) from 2022

Expenses

Up

$140,704

Up $33,620 (+31%) from 2022

Net Income

Down

$20,441

Down $14,098 (-41%) from 2022

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

2023

Assets$310,231
Liabilities$563
Net Assets$309,668

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

2023

Revenue$161,145
Expenses$140,704
Net Income$20,441
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Jan 9, 2024
Return Version
2022v5.0
Gross Receipts
$161,145
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-$135,221
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RUTH POWERSCo-ExecutivePT$15,000-$15,000
JOANNE BOYLECo-ExecutivePT$5,000-$5,000
BECKY HUGHESPresident-$0--
MARY COLEMANVice Preside-$0--
ANTHONY G SALEMTreasurer-$0--
SHERON BENDERSecretary-$0--
SUSAN SAWYERBoard Member-$0--
CAROLE HARTBoard Member-$0--
REVA MARTINBoard Member-$0--
JACKIE ATTAWAYBoard Member-$0--
MICHELLE GASKINSBoard Member-$0--
LYNN MALETZKYBoard Member-$0--
JANE DAILBoard Member-$0--
STACY LEEBoard Member-$0--
STEVE DUTTRYBoard Member-$0--
NANCY DUTTRYBoard 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
2024-01-09
Discuss with paid preparer
Yes

Preparer

Firm
Salem Smith Register & Knott Pllc
Address
210 CRAVEN ST, NEW BERN, NC 28560-2152
Preparer
Roxianne R Register CPA
Phone
2526368780
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 438 stationery & office supplies 36 website maintenance 289 luncheon expenses 435 insurance 77 weekend food purchases 91,225 summer feeding - food 13,474 holiday blessings food 9,874 repairs and maintenance 400 miscellaneous 537 supplies 72 taxes and licenses 50 donation 50 non-investment depreciation 1,507 total 118,464

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 13,791 12,446 furniture and equipment 8,134 8,134 less accumulated depreciation 1,370 2,877 total 20,555 17,703

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,324 563 deferred revenue 4,250 0

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 ADVERTISING 438 STATIONERY & OFFICE SUPPLIES 36 WEBSITE MAINTENANCE 289 LUNCHEON EXPENSES 435 INSURANCE 77 WEEKEND FOOD PURCHASES 91,225 SUMMER FEEDING - FOOD 13,474 HOLIDAY BLESSINGS FOOD 9,874 REPAIRS AND MAINTENANCE 400 MISCELLANEOUS 537 SUPPLIES 72 TAXES AND LICENSES 50 DONATION 50 NON-INVESTMENT DEPRECIATION 1,507 TOTAL 118,464
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 13,791 12,446 FURNITURE AND EQUIPMENT 8,134 8,134 LESS ACCUMULATED DEPRECIATION 1,370 2,877 TOTAL 20,555 17,703
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,324 563 DEFERRED REVENUE 4,250 0
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/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY G SALEM
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ReturnHeader/BusinessOfficerGrp/PhoneNum02526368780
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-01-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BACKPACK BLESSINGS INC
ReturnHeader/Filer/BusinessNameControlTxt0BACK
ReturnHeader/Filer/EIN0462130254
ReturnHeader/Filer/PhoneNum02526368780
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ReturnHeader/Filer/USAddress/CityNm0NEW BERN
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 CRAVEN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW BERN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
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ReturnHeader/PreparerPersonGrp/PhoneNum02526368780
ReturnHeader/PreparerPersonGrp/PreparationDt02024-01-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROXIANNE R REGISTER CPA
ReturnHeader/ReturnTs02024-01-09T14:36:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANTHONY G
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SALEM
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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