Civic Intelligence

Blue Ridge Opportunity Commission Inc.

990 • Fiscal year 2019 • EIN 56-0857800

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 31, 2019

710 Veterans DriveNorth Wilkesboro, NC 28659

(336) 667-7174

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.00x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

0.48x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2019

Net Margin

36th percentile

0.5%

Higher net margin than 36% of similar nonprofits.

2019 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE P20 • $1M-$5M nonprofits • Source year 2019

Asset Growth

47th percentile

5.3%

Faster asset growth than 47% of similar nonprofits.

2019 filings • NTEE P20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

38th percentile

1.4%

Faster revenue growth than 38% of similar nonprofits.

2019 filings • NTEE P20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,625,369

Up $82,446 (+5.3%) from 2018

Net Assets

Flat

$0

Flat from 2018

Liabilities

Up

$1,625,369

Up $82,446 (+5.3%) from 2018

Revenue

Up

$3,420,627

Up $47,430 (+1.4%) from 2018

Expenses

Up

$3,404,309

Up $25,914 (+0.8%) from 2018

Net Income

Up

$16,318

Up $21,516 (+414%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,919,290Liabilities 2011: $1,919,290Net Assets 2011: $02011Assets 2012: $1,932,544Liabilities 2012: $1,932,544Net Assets 2012: $02012Assets 2013: $1,756,899Liabilities 2013: $1,756,899Net Assets 2013: $02013Assets 2014: $1,533,122Liabilities 2014: $1,533,122Net Assets 2014: $02014Assets 2015: $1,512,298Liabilities 2015: $1,512,298Net Assets 2015: $02015Assets 2016: $1,492,409Liabilities 2016: $1,492,409Net Assets 2016: $02016Assets 2017: $1,555,253Liabilities 2017: $1,555,253Net Assets 2017: $02017Assets 2018: $1,542,923Liabilities 2018: $1,542,923Net Assets 2018: $02018Assets 2019: $1,625,369Liabilities 2019: $1,625,369Net Assets 2019: $02019Assets 2020: $1,553,485Liabilities 2020: $1,553,485Net Assets 2020: $02020Assets 2021: $1,887,931Liabilities 2021: $1,887,931Net Assets 2021: $02021Assets 2022: $2,198,308Liabilities 2022: $2,198,308Net Assets 2022: $02022Assets 2023: $1,899,287Liabilities 2023: $1,899,287Net Assets 2023: $02023Assets 2024: $2,041,913Liabilities 2024: $2,041,913Net Assets 2024: $02024Assets 2025: $2,404,063Liabilities 2025: $2,404,063Net Assets 2025: $02025

Highlighted filing

2019

Assets$1,625,369
Liabilities$1,625,369
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,928,2532011Expenses 2012: $3,537,1222012Expenses 2013: $3,600,8602013Revenue 2014: $3,264,077Expenses 2014: $3,206,036Net Income 2014: $58,0412014Revenue 2015: $3,219,591Expenses 2015: $3,190,597Net Income 2015: $28,9942015Revenue 2016: $3,156,763Expenses 2016: $3,161,481Net Income 2016: -$4,7182016Revenue 2017: $3,211,120Expenses 2017: $3,263,396Net Income 2017: -$52,2762017Revenue 2018: $3,373,197Expenses 2018: $3,378,395Net Income 2018: -$5,1982018Revenue 2019: $3,420,627Expenses 2019: $3,404,309Net Income 2019: $16,3182019Revenue 2020: $3,507,848Expenses 2020: $3,407,044Net Income 2020: $100,8042020Revenue 2021: $4,313,946Expenses 2021: $3,900,921Net Income 2021: $413,0252021Revenue 2022: $4,660,898Expenses 2022: $3,928,452Net Income 2022: $732,4462022Revenue 2023: $4,464,018Expenses 2023: $4,152,892Net Income 2023: $311,1262023Revenue 2024: $4,224,339Expenses 2024: $4,218,153Net Income 2024: $6,1862024Revenue 2025: $4,633,633Expenses 2025: $4,086,817Net Income 2025: $546,8162025

Highlighted filing

2019

Revenue$3,420,627
Expenses$3,404,309
Net Income$16,318
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 31, 2019
Return Version
2018v3.1
Gross Receipts
$3,420,627
Mission and Program Overview

Mission

Broc is a non profit organization established to administer federal and state program grants in ashe, alleghany and wilkes county, nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$952,948$967,965▲ $15,017
Cash and Non-Interest-Bearing Accounts$301,562$347,157▲ $45,595
Pledges and Grants Receivable$94,588$164,778▲ $70,190
Accounts Receivable$188,768$137,530▼ $51,238
Prepaid Expenses and Deferred Charges$5,057$7,939▲ $2,882
Total Assets$1,542,923$1,625,369▲ $82,446
Liabilities
Other Liabilities$968,233$965,111▼ $3,122
Deferred Revenue$296,367$385,810▲ $89,443
Accounts Payable and Accrued Expenses$278,323$274,448▼ $3,875
Total Liabilities$1,542,923$1,625,369▲ $82,446
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$1,542,923$1,625,369▲ $82,446

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$967,965$714,608$1,682,573
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dale BaldwinChairman
Joseph KilbyVice Chair
Agnus JoinesDirector
Angela DayDirector
Charlotte BlakeDirector
Don RoyalDirector
Eula Raye CookDirector
Gary JohnsonDirector
Gayle DrennenDirector
Jack JoinesDirector
James ParsonsDirector
Kim BarnesDirector
Michael ParlierDirector
Nancy MillerDirector
Nyla DuncanDirector
Pam GeorgeDirector
Rebecca AllenDirector
Robert DameronDirector
Shirley FarmerDirector
Sylvia MillerDirector
Todd McneilDirector
Keith ElmoreAsst Treasur
Elenor HolbrookSecretary
Mike TestermanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,287,748
Program Service Revenue
$132,879
Investment Income
$0
Other Revenue
$0
All Other Contributions
$387,275
Change in Net Assets
$16,318

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,420,627
Revenue Not Reported on Form 990
$812,913
Total Revenue per Audited Statements
$4,233,540
Total Revenue per Form 990
$3,420,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,039,453
Other Expenses$1,364,856
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,462,189$84,625-$1,546,814
Payroll Taxes$426,893$31,999-$458,892
All Other Expenses$161,130$7,128-$168,258
Occupancy$152,298$11,243-$163,541
Other Expenses$108,088$6,486-$108,088
Travel$102,808$263-$103,071
Insurance$56,288$2,831-$59,119
Fees for Services Other$55,877--$55,877
Current Officers, Directors, Trustees, and Key Employees-$33,747-$33,747
Fees for Services Accounting$29,804$1,696-$31,500
Total Functional Expenses$3,224,291$180,018$0$3,404,309

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,217,222
Expenses per Audited Statements$3,404,309
Total Expenses per Form 990$3,404,309
Expenses Not Reported on Form 990$812,913
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reversionary Interest- Grantors$965,111
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Cpa prepares the form 990 and delivers it to the executive director for her review. The executive director gives the 990 to the treasure of the board for his review, who then reports to the board. When authorized the cpa "e" file's the form 990 to the irs.

Form 990, Page 6, Part VI, Line 12C

The board annually reviews and signs the conflict of interest policy.

Form 990, Page 6, Part VI, Line 15A

The board of directors sets the executive director's salary using appropriate guidelines.

Form 990, Page 6, Part VI, Line 18

Form 990 is available for inspection at the agencies north wilkesboro office.

Form 990, Page 6, Part VI, Line 19

Form 990 is available for inspection at its north wilkesboro, north carolina office.

Filing and Contact Details

Filer

Filer Name
Blue Ridge Opportunity Commission
EIN
56-0857800
Phone
3366677174
Address
710 VETERANS DRIVE, NORTH WILKESBORO, NC 28659

Signing Officer

Name
Dare Stromer
Title
Executive Di
Phone
3366677174
Signed
2019-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dare Stromer
Formed
1966
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
90
Volunteers
1,578

Preparer

Firm
Thomas E Gatewood Jr CPA Pc
Address
2000 W FIRST ST STE 411, WINSTON SALEM, NC 27104-4224
Preparer
Thomas E Gatewood Jr
Phone
3367244446
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Provide assistance to the many communit action progams including head start

Form 990, Page 2, Part III, Line 4D

Weatherization assistance program, fema, harrp,duke energy, and local programs

Form 990, Part XI, Line 9

Reversionary iterest -16,318

Raw XML AppendixShowing 400 of 511 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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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.40$2.40$0.00$4.63$4.09$0.55
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$2.04$0.00$4.22$4.22$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.90$1.90$0.00$4.46$4.15$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.20$2.20$0.00$4.66$3.93$0.73
2021Detailed filing. Detailed filing data is available for this year.$1.89$1.89$0.00$4.31$3.90$0.41
2020Detailed filing. Detailed filing data is available for this year.$1.55$1.55$0.00$3.51$3.41$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.63$1.63$0.00$3.42$3.40$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$1.54$0.00$3.37$3.38$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$1.56$0.00$3.21$3.26$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.49$1.49$0.00$3.16$3.16$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.51$1.51$0.00$3.22$3.19$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.53$1.53$0.00$3.26$3.21$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$1.76$0.00$3.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$1.93$0.00$3.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$1.92$0.00$3.93
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • NTEE P20 • $1M-$5M nonprofits