Civic Intelligence

Tarboro Chamber of Commerce Inc

EIN 56-0424185 • 501(c)6 • Tarboro, NC

Profile

To promote businesses in edgecombe count

PO Box FTarboro, NC 27886

www.discoveredgecombe.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.02x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

81st percentile

21%

Higher net margin than 81% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$57,200

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 44.1% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

80th percentile

20%

Faster asset growth than 80% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$155,495

Up $26,402 (+20%) from 2023

Liabilities

Down

$1,980

Down $315 (-14%) from 2023

Net Assets

Up

$153,515

Up $26,717 (+21%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin81st percentile

Revenue

Up

$129,780

Up $21,452 (+20%) from 2023

Expenses

Down

$103,063

Down $2,209 (-2.1%) from 2023

Net Income

Up

$26,717

Up $23,661 (+774%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2010: $18,077Liabilities 2010: $1,202Net Assets 2010: $16,8752010Assets 2011: $12,025Liabilities 2011: $837Net Assets 2011: $11,1882011Assets 2013: $5,866Liabilities 2013: $0Net Assets 2013: $5,8662013Assets 2015: $50,075Liabilities 2015: $2,152Net Assets 2015: $47,9232015Assets 2016: $57,748Liabilities 2016: $1,859Net Assets 2016: $55,8892016Assets 2017: $76,438Liabilities 2017: $2,342Net Assets 2017: $74,0962017Assets 2018: $93,440Liabilities 2018: $2,414Net Assets 2018: $91,0262018Assets 2019: $107,990Liabilities 2019: $1,567Net Assets 2019: $106,4232019Assets 2020: $116,259Liabilities 2020: $1,942Net Assets 2020: $114,3172020Assets 2021: $130,531Liabilities 2021: $2,284Net Assets 2021: $128,2472021Assets 2022: $125,860Liabilities 2022: $2,118Net Assets 2022: $123,7422022Assets 2023: $129,093Liabilities 2023: $2,295Net Assets 2023: $126,7982023Assets 2024: $155,495Liabilities 2024: $1,980Net Assets 2024: $153,5152024

Highlighted filing

2024

Assets$155,495
Liabilities$1,980
Net Assets$153,515
Open 2024 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $110,644Expenses 2010: $109,628Net Income 2010: $1,0162010Revenue 2011: $93,460Expenses 2011: $98,470Net Income 2011: -$5,0102011Revenue 2013: $101,256Expenses 2013: $100,764Net Income 2013: $4922013Revenue 2015: $95,541Expenses 2015: $56,970Net Income 2015: $38,5712015Revenue 2016: $129,082Expenses 2016: $111,400Net Income 2016: $17,6822016Revenue 2017: $146,524Expenses 2017: $128,317Net Income 2017: $18,2072017Revenue 2018: $152,079Expenses 2018: $135,149Net Income 2018: $16,9302018Revenue 2019: $151,861Expenses 2019: $136,464Net Income 2019: $15,3972019Revenue 2020: $129,837Expenses 2020: $121,943Net Income 2020: $7,8942020Revenue 2021: $140,867Expenses 2021: $126,937Net Income 2021: $13,9302021Revenue 2022: $110,487Expenses 2022: $114,992Net Income 2022: -$4,5052022Revenue 2023: $108,328Expenses 2023: $105,272Net Income 2023: $3,0562023Revenue 2024: $129,780Expenses 2024: $103,063Net Income 2024: $26,7172024

Highlighted filing

2024

Revenue$129,780
Expenses$103,063
Net Income$26,717
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$155,495
Liabilities
$1,980
Net assets
$153,515
Revenue
$129,780
Expenses
$103,063
Net income
$26,717
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.02$1.54$1.30$1.03$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.02$1.27$1.08$1.05$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.02$1.24$1.10$1.15$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.02$1.28$1.41$1.27$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.02$1.14$1.30$1.22$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.02$1.06$1.52$1.36$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.02$0.91$1.52$1.35$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.02$0.74$1.47$1.28$0.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.02$0.56$1.29$1.11$0.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.02$0.48$0.96$0.57$0.39
2013Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$1.01$1.01$0.00
2011Summary only. Only limited summary data is available for this year.$0.12$0.01$0.11$0.93$0.98$0.05
2010Summary only. Only limited summary data is available for this year.$0.18$0.01$0.17$1.11$1.10$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 8, 2025
Return Version
2024v5.1
Gross Receipts
$139,354
Mission and Program Overview

Mission

To promote business in edgecombe county

To promote businesses in edgecombe count

Program Services

DescriptionGrantsExpenses
TO PROMOTE BUSINESSES IN EDGECOMBE COUNTY-$0
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK D SHARPEExeuctive DirectorFT$57,200-$57,200
TROY LEWISTreasurer-$0--
TINA PARKERDirector-$0--
ERIC EVANSDirector-$0--
PATRICK HEINSDirector-$0--
TOM THORNEChairman Of The Board-$0--
GREGORY MCLEODDirector-$0--
LAURA EVANSDirector-$0--
DAVID HARRELSONDirector-$0--
MORGAN EVANSDirector-$0--
ANDREW BRYANDirector-$0--
MARK COCKRELLDirector-$0--
JAY CUTLERDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Admin Prof D$7,375$7,375-$7,375
Total Events$7,375$7,375$3,049$4,326
Filing and Contact Details

Filer

Filer Name
Tarboro Chamber of Commerce Inc
EIN
56-0424185
In Care Of
% PATRICK D SHARPE
Phone
2528237241
Address
PO BOX F, TARBORO, NC 27886

Signing Officer

Name
Patrick D Sharpe
Title
Executive Director
Phone
2528237241
Signed
2025-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Warren Accounting Group Inc
Address
PO BOX 46, PINETOPS, NC 27864
Preparer
Bonnie R Allen
Phone
2528275259
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountinsurance commissions 935erc proceeds 16,552”

Description of other expenses Part I line 16

“Description amountaccounting 5,295advertising 4,123bank and credit fees 645dues and subs 6,697insurance 2,689meals and entertainment 1,622office and computer supplies 715property taxes 6travel allowance 1,742payroll taxes 5,666”

Description of other assets Part II line 24

“Category beginning of year end of yeareqiupment 3,139 3,139”

Description of total liabilities Part II line 26

“Category beginning of year end of yearpayroll taxes 2,295 1,980”

Raw XML Appendix186 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum02528275259
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PINETOPS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027864
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IRS990EZ/ExcessOrDeficitForYearAmt026717
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IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt016925
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt01037
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt083555
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0126798
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0153515
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0126798
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0153515
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt757200
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TROY LEWIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TINA PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PATRICK HEINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TOM THORNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5GREGORY MCLEOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LAURA EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7PATRICK D SHARPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DAVID HARRELSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9MORGAN EVANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10ANDREW BRYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11MARK COCKRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12JAY CUTLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CHAIRMAN OF THE BOARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7EXEUCTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt03139
IRS990EZ/OtherAssetsTotalDetail/EOYAmt03139
IRS990EZ/OtherExpensesTotalAmt029200
IRS990EZ/OtherRevenueTotalAmt017487
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE BUSINESSES IN EDGECOMBE COUNT
IRS990EZ/PrintingPublicationsPostageAmt0944
IRS990EZ/ProgramServiceRevenueAmt020350
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE BUSINESSES IN EDGECOMBE COUNTY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt072800
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02295
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01980
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0103063
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03049
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ADMIN PROF D
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03049
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04326
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE COMMISSIONS 935ERC PROCEEDS 16,552
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTACCOUNTING 5,295ADVERTISING 4,123BANK AND CREDIT FEES 645DUES AND SUBS 6,697INSURANCE 2,689MEALS AND ENTERTAINMENT 1,622OFFICE AND COMPUTER SUPPLIES 715PROPERTY TAXES 6TRAVEL ALLOWANCE 1,742PAYROLL TAXES 5,666
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEAREQIUPMENT 3,139 3,139
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAXES 2,295 1,980
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK D SHARPE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02528237241
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
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ReturnHeader/Filer/BusinessNameControlTxt0TARB
ReturnHeader/Filer/EIN0560424185
ReturnHeader/Filer/InCareOfNm0% PATRICK D SHARPE
ReturnHeader/Filer/PhoneNum02528237241
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ReturnHeader/Filer/USAddress/CityNm0TARBORO
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ReturnHeader/Filer/USAddress/ZIPCd027886
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822074809
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 46
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PINETOPS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027864
ReturnHeader/PreparerPersonGrp/PhoneNum02528275259
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BONNIE R ALLEN
ReturnHeader/ReturnTs02025-05-13T17:00:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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