Liabilities / Assets
55th percentile
Higher debt load relative to assets than 55% of similar nonprofits.
Smart Kinston City Project Foundation
990EZ • Fiscal year 2016 • EIN 46-3476101
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.03x
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$140,748
Down $75,078 (-35%) from 2015
Net Assets
Down$136,462
Down $75,824 (-36%) from 2015
Liabilities
Up$4,286
Up $746 (+21%) from 2015
Revenue And Expenses
Revenue
Down$4,429
Down $145,501 (-97%) from 2015
Expenses
Up$80,253
Up $25,952 (+48%) from 2015
Net Income
Down-$75,824
Down $171,453 (-179%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Sep 29, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $4,429
Mission and Program Overview
Mission
To allow the public and organizations to participate in the revitalization of certain downtown areas in order to attract certain creative workforces and cultural tourists.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| With relocation of first artists, smART Kinston has begun to see the fruits of its preparatory work. Applications continue to come in as we shape the Arts and Cultural District into the focal point of Kinston's revitalization efforts. Construction on Arts Riverwalk and neighborhood entrance has begun and will soon solidify district as a destination.Recruitment of artists continues. Promotion of project has received much local media attention, but soon will grow into regional and statewide publicity as scope of recruitment reach increases. Continued support from local businesses has broadened reach of recruitment efforts. Construction on public art entrance to neighborhood is complete and partnerships with legacy non-profits have led to proceeds sharing from local events and joint initiatives. The Arts Council, Cooperative Extension and public school system collaborating to make entrance part of school curricula. Donation from Committee of 100 shows willingness of local leaders of commerce toinvest in the district, which they view as an arts-based business incubator. Community college partnership continues to provide resource for artists starting their first businesses. Continued support from restaurateurs and other business owners, both financially and through promotion, has led to an upswing in tours of the neighborhood and conversations with additional stakeholders about future partnerships. | $0 | $80,253 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEPHEN B HILL | Chairman | - | $0 | - | - |
| GLENN GANNETT | Treasurer | - | $0 | - | - |
| STUART LINDLEY | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Smart Kinston City Project Foundation
- EIN
- 46-3476101
- Phone
- 2522082527
- Address
- 604 NORTH QUEEN STREET, KINSTON, NC 28504
Signing Officer
- Name
- Stephen B Hill
- Title
- President
- Phone
- 2522082527
- Signed
- 2017-09-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Dixon Hughes Goodman Llp
- Address
- 500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
- Preparer
- Amy Bibby
- Phone
- 8282542254
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: ARTIST RELOCATION. Grantee Name: INDIVIDUAL. Grantee Relationship: NONE. Amount Given: 9,192.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: OFFICE SUPPLIES. Amount: 1,068. Description: ADVERTISING. Amount: 1,940. Description: TRAVEL. Amount: 933. Description: MISCELLANEOUS. Amount: 67. Description: MEALS. Amount: 77. Total to Form 990-EZ, line 16: 4,085.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Other Depreciable Assets. Beg. of Year Amount: 3,068. End of Year Amount: 3,068.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: PAYROLL LIABILITIES. Beg. of Year Amount: 3,540. End of Year Amount: 4,286.”
Raw XML Appendix146 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | GLENN S GANNETT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2522082527 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 604 NORTH QUEEN STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | KINSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28502 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 212758 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 137680 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 4429 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -75824 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 23550 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 215826 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 140748 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 9192 |
| IRS990EZ/GrossReceiptsAmt | 0 | 4429 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 212286 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 136462 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 212286 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 136462 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1239 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEPHEN B HILL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GLENN GANNETT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STUART LINDLEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3068 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3068 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4085 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO ALLOW THE PUBLIC AND ORGANIZATIONS TO PARTICIPATE IN THE REVITALIZATION OF CERTAIN DOWNTOWN AREAS IN ORDER TO ATTRACT CERTAIN CREATIVE WORKFORCES AND CULTURAL TOURISTS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 309 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | With relocation of first artists, smART Kinston has begun to see the fruits of its preparatory work. Applications continue to come in as we shape the Arts and Cultural District into the focal point of Kinston's revitalization efforts. Construction on Arts Riverwalk and neighborhood entrance has begun and will soon solidify district as a destination.Recruitment of artists continues. Promotion of project has received much local media attention, but soon will grow into regional and statewide publicity as scope of recruitment reach increases. Continued support from local businesses has broadened reach of recruitment efforts. Construction on public art entrance to neighborhood is complete and partnerships with legacy non-profits have led to proceeds sharing from local events and joint initiatives. The Arts Council, Cooperative Extension and public school system collaborating to make entrance part of school curricula. Donation from Committee of 100 shows willingness of local leaders of commerce toinvest in the district, which they view as an arts-based business incubator. Community college partnership continues to provide resource for artists starting their first businesses. Continued support from restaurateurs and other business owners, both financially and through promotion, has led to an upswing in tours of the neighborhood and conversations with additional stakeholders about future partnerships. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 80253 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 41878 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3540 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4286 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 80253 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 80253 |
| IRS990EZ/TotalRevenueAmt | 0 | 4429 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 4429 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 149930 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 116657 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 271016 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 51856 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 219160 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 4429 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 149930 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 116657 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 271016 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 271016 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Classification: ARTIST RELOCATION. Grantee Name: INDIVIDUAL. Grantee Relationship: NONE. Amount Given: 9,192. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: OFFICE SUPPLIES. Amount: 1,068. Description: ADVERTISING. Amount: 1,940. Description: TRAVEL. Amount: 933. Description: MISCELLANEOUS. Amount: 67. Description: MEALS. Amount: 77. Total to Form 990-EZ, line 16: 4,085. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Other Depreciable Assets. Beg. of Year Amount: 3,068. End of Year Amount: 3,068. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: PAYROLL LIABILITIES. Beg. of Year Amount: 3,540. End of Year Amount: 4,286. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEPHEN B HILL |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2522082527 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-09-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SMART KINSTON CITY PROJECT FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SMAR |
| ReturnHeader/Filer/EIN | 0 | 463476101 |
| ReturnHeader/Filer/PhoneNum | 0 | 2522082527 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 604 NORTH QUEEN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KINSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28504 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | ADBFC64F84809A3D359AE279AE52D225AAF16287 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 12.25.12.224 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-09-29 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:09:10 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560747981 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DIXON HUGHES GOODMAN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 500 RIDGEFIELD COURT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ASHEVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28806 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8282542254 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-09-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Amy Bibby |
| ReturnHeader/ReturnTs | 0 | 2017-09-29T07:09:42-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $140,748
- Liabilities
- $4,286
- Net assets
- $136,462
- Revenue
- $4,429
- Expenses
- $80,253
- Net income
- -$75,824