Civic Intelligence

Carolina Rebuilding Ministry

990 • Fiscal year 2019 • EIN 47-2075714

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 10, 2020

PO Box 924Edenton, NC 27932-0924

(252) 482-3269

Siviq Scores

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

Liabilities / Assets

31st percentile

0.07x

Higher debt load relative to assets than 31% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

13th percentile

0.04x

Higher debt load relative to revenue than 13% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Net Margin

84th percentile

20%

Higher net margin than 84% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$73,061

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2019 filings • NTEE L • $500k-$1M nonprofits • Source year 2019

Asset Growth

95th percentile

58%

Faster asset growth than 95% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

91st percentile

42%

Faster revenue growth than 91% of similar nonprofits.

2019 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$298,882

Up $110,012 (+58%) from 2018

Net Assets

Up

$278,913

Up $93,699 (+51%) from 2018

Liabilities

Up

$19,969

Up $16,313 (+446%) from 2018

Revenue

Up

$550,737

Up $162,648 (+42%) from 2018

Expenses

Up

$442,888

Up $132,614 (+43%) from 2018

Net Income

Up

$107,849

Up $30,034 (+39%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2018: $188,870Liabilities 2018: $3,656Net Assets 2018: $185,2142018Assets 2019: $298,882Liabilities 2019: $19,969Net Assets 2019: $278,9132019Assets 2020: $225,145Liabilities 2020: $661Net Assets 2020: $224,4842020Assets 2021: $389,202Liabilities 2021: $7,351Net Assets 2021: $381,8512021Assets 2022: $305,769Liabilities 2022: $14,449Net Assets 2022: $291,3202022Assets 2023: $298,702Liabilities 2023: $39,581Net Assets 2023: $259,1212023Assets 2024: $387,617Liabilities 2024: $2,167Net Assets 2024: $385,4502024

Highlighted filing

2019

Assets$298,882
Liabilities$19,969
Net Assets$278,913

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $388,089Expenses 2018: $310,274Net Income 2018: $77,8152018Revenue 2019: $550,737Expenses 2019: $442,888Net Income 2019: $107,8492019Revenue 2020: $191,048Expenses 2020: $245,477Net Income 2020: -$54,4292020Revenue 2021: $339,912Expenses 2021: $182,545Net Income 2021: $157,3672021Revenue 2022: $383,159Expenses 2022: $473,690Net Income 2022: -$90,5312022Revenue 2023: $631,596Expenses 2023: $798,166Net Income 2023: -$166,5702023Revenue 2024: $1,141,422Expenses 2024: $1,015,093Net Income 2024: $126,3292024

Highlighted filing

2019

Revenue$550,737
Expenses$442,888
Net Income$107,849
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 10, 2020
Return Version
2019v5.1
Gross Receipts
$550,737
Mission and Program Overview

Mission

Strategic and itnentional justice ministry passionate to eliminate substandard housing on bahalf of low-income families that continue to struggle against economic depression, explotation and discrimination.

Strategic and intentional justice ministry passionate to eliminate substandard housing on behalf of low-income families that continue to struggle against economic depression, exploitation and discrimination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$142,137$189,260▲ $47,123
Cash and Non-Interest-Bearing Accounts$46,733$106,422▲ $59,689
Accounts Receivable-$3,200-
Total Assets$188,870$298,882▲ $110,012
Liabilities
Accounts Payable and Accrued Expenses$3,656$19,969▲ $16,313
Total Liabilities$3,656$19,969▲ $16,313
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$185,214$278,913▲ $93,699
Total Net Assets Fund Balance$185,214$278,913▲ $93,699
Total Liabilities and Net Assets / Fund Balance$188,870$298,882▲ $110,012

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$97,789$20,680$118,469
Leasehold Improvements$91,471$3,359$94,830
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jay ClarkExecutive DirectorFT$73,061$73,061
Susan CreedAssoc. Exec DirectorFT$51,193$51,193
Amanda HarrellTreasurer-$9,100$9,100

Board Members and Trustees

NameTitle
David PeeleChairman
AJ RiddleBoard Member
Gil WiseBoard Member
Hilda SwainBoard Member
Neal BrownBoard Member
Pam StallingsBoard Member
Ron WessonBoard Member
Sue AllenBoard Member
Sue KnowlesBoard Member
Tommy HardisonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$545,860
Program Service Revenue
$4,877
Investment Income
$0
Other Revenue
$0
All Other Contributions
$545,860
Change in Net Assets
$107,849

Audited Revenue Reconciliation

Revenue per Audited Statements
$550,737
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$550,737
Total Revenue per Form 990
$550,737
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$224,918
Salaries, Compensation, and Employee Benefits$217,970
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$124,254--$124,254
Other Salaries and Wages$50,752--$50,752
Other Employee Benefits$42,964--$42,964
Occupancy$14,655$8,585-$23,240
Depreciation Depletion$18,883--$18,883
Advertising$17,089--$17,089
Office Expenses$723$14,973-$15,696
Travel$14,344--$14,344
All Other Expenses$8,027$2,100-$10,127
Other Expenses$5,161$2,722-$7,883
Insurance$6,074--$6,074
Total Functional Expenses$400,821$42,067$0$442,888

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$442,888
Total Expenses per Audited Statements$442,888
Total Expenses per Form 990$442,888
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Part VI Line 2 - The treasurer is the daughter of the Organization's chairman.

Form 990, Part VI, Section B, line 11B

Line 11b. Our CPA provided a draft copy of the completed Form 990 for review and approval by the Chairman and Treasurer before submission of the final Form 990. The Form 990 filed with the IRS is available if other board members request a copy.

Form 990, Part VI, Section C, line 19

The Organization's governing documents and financial statements are available to the public upon request. The Organization does not have a conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Cross Coalition Ltd
EIN
47-2075714
Phone
2524823269
Address
PO Box 924, Edenton, NC 27932-0924
Doing Business As
Carolina Rebuilding Ministry

Signing Officer

Name
David Peele
Title
Chairman
Phone
2524823269
Signed
2020-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Peele
Formed
2014
Legal Domicile
Nc
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
320

Preparer

Firm
Cumbee Taylor & Shook PA
Address
PO Box 869, Williamston, NC 27892
Preparer
Karen S Shook CPA
Phone
2527926081
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

Miscellaneous : Program service expenses 4,667. Management and general expenses 1,305. Fundraising expenses 0. Total expenses 5,972. Repairs and maintenance : Program service expenses 3,360. Management and general expenses 795. Fundraising expenses 0. Total expenses 4,155.

Form 990, Part XI, line 9:

Change from cash to accrual method adjustment to comply with FASB 958 -14,150.

Raw XML AppendixShowing 400 of 414 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0388089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0215684
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01149633
IRS990ScheduleA/TotalSupportAmt01154510
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt097789
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020680
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0118469
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0442888
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt091471
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03359
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt094830
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0550737
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0189260
IRS990ScheduleD/TotalExpensesPerForm990Amt0442888
IRS990ScheduleD/TotalRevenuePerForm990Amt0550737
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0550737
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0442888
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part VI Line 2 - The treasurer is the daughter of the Organization's chairman.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Line 11b. Our CPA provided a draft copy of the completed Form 990 for review and approval by the Chairman and Treasurer before submission of the final Form 990. The Form 990 filed with the IRS is available if other board members request a copy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization's governing documents and financial statements are available to the public upon request. The Organization does not have a conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Miscellaneous : Program service expenses 4,667. Management and general expenses 1,305. Fundraising expenses 0. Total expenses 5,972. Repairs and maintenance : Program service expenses 3,360. Management and general expenses 795. Fundraising expenses 0. Total expenses 4,155.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Change from cash to accrual method adjustment to comply with FASB 958 -14,150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0188870
IRS990/TotalAssetsEOYAmt0298882
IRS990/TotalAssetsGrp/BOYAmt0188870
IRS990/TotalAssetsGrp/EOYAmt0298882
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0545860
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042067
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0400821
IRS990/TotalFunctionalExpensesGrp/TotalAmt0442888
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03656
IRS990/TotalLiabilitiesEOYAmt019969
IRS990/TotalLiabilitiesGrp/BOYAmt03656
IRS990/TotalLiabilitiesGrp/EOYAmt019969
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0185214
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0278913
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt04877
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt04877
IRS990/TotalProgramServiceExpensesAmt0400821
IRS990/TotalProgramServiceRevenueAmt04877
IRS990/TotalReportableCompFromOrgAmt0133354
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04877
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0550737
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0320
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0188870
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0298882
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014344
IRS990/TravelGrp/TotalAmt014344
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 924
IRS990/USAddress/CityNm0Edenton
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027932
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0http://crosscoalition.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0David Peele
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum02524823269
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Cross Coalition Ltd
ReturnHeader/Filer/BusinessNameControlTxt0CROS
ReturnHeader/Filer/EIN0472075714
ReturnHeader/Filer/PhoneNum02524823269
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 924
ReturnHeader/Filer/USAddress/CityNm0Edenton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0279320924
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07581870F1FD53F5CE39893C07B1044E2E9BBF794
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId066F662A852C4B9F1FEA38AF27024FC3FF50BAAB3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.180.146.103
ReturnHeader/FilingSecurityInformation/IPDt02020-07-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:49:10

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