Civic Intelligence

Bounty & Soul

990 • Fiscal year 2020 • EIN 46-4759362

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 27, 2021

999 Old US Hwy 70 WBlack Mountain, NC 28711

(828) 419-0533

Siviq Scores

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

Liabilities / Assets

38th percentile

0.03x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • NTEE K • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

2020 filings • NTEE K • $1M-$5M nonprofits • Source year 2020

Net Margin

46th percentile

15%

Higher net margin than 46% of similar nonprofits.

2020 filings • NTEE K • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

48th percentile

$52,058

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2020 filings • NTEE K • $1M-$5M nonprofits • Source year 2020

Asset Growth

93rd percentile

310%

Faster asset growth than 93% of similar nonprofits.

2020 filings • NTEE K • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

53%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • NTEE K • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$582,904

Up $440,756 (+310%) from 2019

Net Assets

Up

$566,528

Up $431,324 (+319%) from 2019

Liabilities

Up

$16,376

Up $9,432 (+136%) from 2019

Revenue

Up

$2,853,459

Up $983,328 (+53%) from 2019

Expenses

Up

$2,422,135

Up $600,486 (+33%) from 2019

Net Income

Up

$431,324

Up $382,842 (+790%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2014: $74,283Liabilities 2014: $02014Assets 2015: $88,683Liabilities 2015: $02015Assets 2016: $95,745Liabilities 2016: $335Net Assets 2016: $95,4102016Assets 2017: $104,507Liabilities 2017: $4,280Net Assets 2017: $100,2272017Assets 2018: $75,392Liabilities 2018: $3,750Net Assets 2018: $71,6422018Assets 2019: $142,148Liabilities 2019: $6,944Net Assets 2019: $135,2042019Assets 2020: $582,904Liabilities 2020: $16,376Net Assets 2020: $566,5282020Assets 2021: $759,613Liabilities 2021: $25,143Net Assets 2021: $734,4702021Assets 2022: $1,163,037Liabilities 2022: $176,888Net Assets 2022: $986,1492022Assets 2023: $1,595,566Liabilities 2023: $158,767Net Assets 2023: $1,436,7992023Assets 2024: $4,134,588Liabilities 2024: $498,548Net Assets 2024: $3,636,0402024

Highlighted filing

2020

Assets$582,904
Liabilities$16,376
Net Assets$566,528

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $88,042Expenses 2014: $25,002Net Income 2014: $63,0402014Revenue 2015: $148,494Expenses 2015: $134,094Net Income 2015: $14,4002015Revenue 2016: $557,033Expenses 2016: $586,142Net Income 2016: -$29,1092016Revenue 2017: $897,134Expenses 2017: $902,206Net Income 2017: -$5,0722017Revenue 2018: $969,574Expenses 2018: $998,159Net Income 2018: -$28,5852018Revenue 2019: $1,870,131Expenses 2019: $1,821,649Net Income 2019: $48,4822019Revenue 2020: $2,853,459Expenses 2020: $2,422,135Net Income 2020: $431,3242020Revenue 2021: $2,538,834Expenses 2021: $2,370,892Net Income 2021: $167,9422021Revenue 2022: $3,169,324Expenses 2022: $2,917,645Net Income 2022: $251,6792022Revenue 2023: $4,348,368Expenses 2023: $3,897,718Net Income 2023: $450,6502023Revenue 2024: $7,489,062Expenses 2024: $5,289,821Net Income 2024: $2,199,2412024

Highlighted filing

2020

Revenue$2,853,459
Expenses$2,422,135
Net Income$431,324
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 27, 2021
Return Version
2020v4.1
Gross Receipts
$2,853,459
Mission and Program Overview

Mission

Together we connect, share, and celebrate nutritious food, education and community.

Connecting people to food, education and each other.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$115,107$489,357▲ $374,250
Land, Buildings, and Equipment, Net$18,260$71,425▲ $53,165
Pledges and Grants Receivable$8,628$12,131▲ $3,503
Prepaid Expenses and Deferred Charges-$8,846-
Accounts Receivable$153$1,145▲ $992
Total Assets$142,148$582,904▲ $440,756
Liabilities
Accounts Payable and Accrued Expenses$6,944$16,376▲ $9,432
Total Liabilities$6,944$16,376▲ $9,432
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$80,371$473,951▲ $393,580
Net Assets With Donor Restrictions$54,833$92,577▲ $37,744
Total Net Assets Fund Balance$135,204$566,528▲ $431,324
Total Liabilities and Net Assets / Fund Balance$142,148$582,904▲ $440,756

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$56,769$42,503$99,272
Equipment$14,656$4,481$19,137
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ali CasparianExecutive DirectorFT$52,058$52,058

Board Members and Trustees

NameTitle
V Berdjette BarkerBoard Chair
Ben Aiken MDBoard Member
David CharltonBoard Member
Joellen MaurerBoard Member
William ScheuBoard Member
Mary LythSecretary
Rhonda DevanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,849,228
Program Service Revenue
$1,880
Investment Income
$0
Other Revenue
$2,351
All Other Contributions
$2,849,228
Change in Net Assets
$431,324

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1$1,975,984$1.69/lb
Securities Publicly Traded2$7,035Fair Market Value
Total Noncash Contributions3$1,983,019-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,853,459
Total Revenue per Audited Statements
$2,853,459
Total Revenue per Form 990
$2,853,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,975,984
Salaries, Compensation, and Employee Benefits$238,313
Other Expenses$185,059
Total Fundraising Expense$52,962
Professional Fundraising Fees$22,779

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,975,984--$1,975,984
Other Salaries and Wages$131,291$23,278$8,115$162,684
Current Officers, Directors, Trustees, and Key Employees$41,638$7,815$2,605$52,058
Fees for Services Other$41,625$1,737$0$43,362
Fees for Services Professional Fundraising--$22,779$22,779
Payroll Taxes$18,528$2,070$831$21,429
Occupancy$18,169$1,504$870$20,543
Depreciation Depletion$11,744$1,036$1,036$13,816
Office Expenses$2,741$515$6,900$10,156
Fees for Services Accounting$0$8,375$0$8,375
Insurance$4,364$2,853$0$7,217
Advertising$5,040$1,680$0$6,720
Information Technology$1,027$1,027$4,593$6,647
Other Expenses$6,157$0$0$6,157
Other Employee Benefits$1,803$339$0$2,142
Travel$0$40$0$40
Total Functional Expenses$2,313,348$55,825$52,962$2,422,135

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,422,135
Total Expenses per Audited Statements$2,422,135
Total Expenses per Form 990$2,422,135
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$22,779
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Bounty & Soul
EIN
46-4759362
Phone
8284190533
Address
999 Old US Hwy 70 W, Black Mountain, NC 28711

Signing Officer

Name
Rhonda Devan
Title
Treasurer
Phone
8284190533
Signed
2021-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Devan
Formed
2014
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
9
Volunteers
620

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Stephen C Corliss
Phone
8282360206
Supplemental Narrative

Additional Explanations

Pt XII, Line 1

The organization changed its accounting basis from modified cash to full GAAP accrual beginning January 1, 2019.

Pt VI, Line 11B

The 990 is prepared by a CPA firm, reviewed by management, presented to the board for review, proposed revisions and final approval.

Pt VI, Line 12C

Each board member is required complete the Conflict of Interest form, to report any potential conflicts. Any member with related conflicts will abstain from voting on related agenda items.

Pt VI, Line 15A

The Executive Director's performance is reviewed annually. Upon completion of the performance review, the Executive Director's compensation is adjusted accordingly by the board.

Financial Statement Notes

Pt XI, Line 2D

Fundraising Expenses

Pt XII, Line 2D

Fundraising Expenses

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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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IRS990/OtherSalariesAndWagesGrp/TotalAmt0162684
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0831
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02070
IRS990/PayrollTaxesGrp/ProgramServicesAmt018528
IRS990/PayrollTaxesGrp/TotalAmt021429
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt08628
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt012131
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08846
IRS990/PrincipalOfficerNm0Rhonda Devan
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0Green Apron Chefs Club
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01880
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Green Aprons is an health education program geared towards youth and provides classes, recipes, resources and activities. Latinx Engagement services our Latino community with culturally appropriate classes, recipes and demonstrations. We held: Zumba classes - 46 ESL classes - 30 Health classes - 22 Produced and distributed 103 spanish guides.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01867592
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0247
IRS990/PYOtherExpensesAmt01575285
IRS990/PYOtherRevenueAmt0779
IRS990/PYProgramServiceRevenueAmt01760
IRS990/PYRevenuesLessExpensesAmt048482
IRS990/PYSalariesCompEmpBnftPaidAmt0234941
IRS990/PYTotalExpensesAmt01821649
IRS990/PYTotalProfFndrsngExpnsAmt011176
IRS990/PYTotalRevenueAmt01870131
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0431324
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01880
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02849228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01867592
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0969574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0897134
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0557034
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07140562
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03640
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99090
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99280
IRS990ScheduleA/PublicSupportTotal170Amt07075622
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt064940
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02849228
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01867592
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0969574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0897134
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0557034
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07140562
IRS990ScheduleA/TotalSupportAmt07140562
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt014656
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04481
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019137
IRS990ScheduleD/ExpensesSubtotalAmt02422135
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt056769
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042503
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt099272
IRS990ScheduleD/RevenueSubtotalAmt02853459
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising Expenses
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt071425
IRS990ScheduleD/TotalExpensesPerForm990Amt02422135
IRS990ScheduleD/TotalRevenuePerForm990Amt02853459
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02853459
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02422135
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Food Distributed
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt01975984
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Food
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0110935
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Est per pound
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt01
IRS990ScheduleM/FoodInventoryGrp/MethodOfDeterminingRevenuesTxt0$1.69/lb
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt01975984
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0Fair Market Value
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt07035
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization changed its accounting basis from modified cash to full GAAP accrual beginning January 1, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is prepared by a CPA firm, reviewed by management, presented to the board for review, proposed revisions and final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each board member is required complete the Conflict of Interest form, to report any potential conflicts. Any member with related conflicts will abstain from voting on related agenda items.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive Director's performance is reviewed annually. Upon completion of the performance review, the Executive Director's compensation is adjusted accordingly by the board.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0142148
IRS990/TotalAssetsEOYAmt0582904
IRS990/TotalAssetsGrp/BOYAmt0142148
IRS990/TotalAssetsGrp/EOYAmt0582904
IRS990/TotalCompGreaterThan150KInd0false

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