Civic Intelligence

Tri-County Industries Inc.

990 • Fiscal year 2013 • EIN 56-0859662

Jul 01, 2012 to Jun 30, 2013 • Filed on Jan 08, 2014

1250 Atlantic Avenue27801-2710
Siviq Scores

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

Liabilities / Assets

67th percentile

0.30x

Higher debt load relative to assets than 67% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

17th percentile

-6.6%

Faster asset growth than 17% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$2,158,769

Down $151,455 (-6.6%) from 2012

Net Assets

Down

$1,503,713

Down $149,776 (-9.1%) from 2012

Liabilities

Down

$655,056

Down $1,679 (-0.3%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$3,186,633

Down $24,448 (-0.8%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,375,016Liabilities 2011: $683,870Net Assets 2011: $1,691,1462011Assets 2012: $2,310,224Liabilities 2012: $656,735Net Assets 2012: $1,653,4892012Assets 2013: $2,158,769Liabilities 2013: $655,056Net Assets 2013: $1,503,7132013Assets 2014: $2,307,461Liabilities 2014: $763,371Net Assets 2014: $1,544,0902014Assets 2015: $2,348,997Liabilities 2015: $869,489Net Assets 2015: $1,479,5082015Assets 2016: $2,143,678Liabilities 2016: $807,013Net Assets 2016: $1,336,6652016Assets 2017: $2,839,812Liabilities 2017: $664,336Net Assets 2017: $2,175,4762017Assets 2018: $2,977,489Liabilities 2018: $599,920Net Assets 2018: $2,377,5692018Assets 2019: $3,242,394Liabilities 2019: $459,253Net Assets 2019: $2,783,1412019Assets 2020: $3,991,691Liabilities 2020: $1,377,460Net Assets 2020: $2,614,2312020Assets 2021: $4,445,060Liabilities 2021: $523,276Net Assets 2021: $3,921,7842021Assets 2022: $4,090,641Liabilities 2022: $405,145Net Assets 2022: $3,685,4962022Assets 2023: $4,343,580Liabilities 2023: $425,209Net Assets 2023: $3,918,3712023Assets 2024: $6,598,063Liabilities 2024: $683,732Net Assets 2024: $5,914,3312024

Highlighted filing

2013

Assets$2,158,769
Liabilities$655,056
Net Assets$1,503,713

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $3,192,101Expenses 2011: $3,074,907Net Income 2011: $117,1942011Revenue 2012: $3,193,703Expenses 2012: $3,211,081Net Income 2012: -$17,3782012Expenses 2013: $3,186,6332013Revenue 2014: $3,306,685Expenses 2014: $3,311,429Net Income 2014: -$4,7442014Revenue 2015: $3,518,904Expenses 2015: $3,571,191Net Income 2015: -$52,2872015Revenue 2016: $3,503,344Expenses 2016: $3,622,996Net Income 2016: -$119,6522016Revenue 2017: $4,240,979Expenses 2017: $3,340,029Net Income 2017: $900,9502017Revenue 2018: $3,452,376Expenses 2018: $3,261,333Net Income 2018: $191,0432018Revenue 2019: $3,723,576Expenses 2019: $3,380,838Net Income 2019: $342,7382019Revenue 2020: $3,299,227Expenses 2020: $3,166,206Net Income 2020: $133,0212020Revenue 2021: $4,296,291Expenses 2021: $2,475,999Net Income 2021: $1,820,2922021Revenue 2022: $2,747,218Expenses 2022: $2,275,065Net Income 2022: $472,1532022Revenue 2023: $2,759,644Expenses 2023: $2,736,965Net Income 2023: $22,6792023Revenue 2024: $4,869,263Expenses 2024: $3,273,520Net Income 2024: $1,595,7432024

Highlighted filing

2013

Revenue-
Expenses$3,186,633
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Jan 8, 2014
Return Version
2012v2.1
Gross Receipts
$4,965,340
Mission and Program Overview

Mission

Tci is dedicated to making a positive impact on the lives of those who have diabilities or disadvantages by providing work assessment, job training and job placement services.

Major Activities

Activity 2
Adult development and vocational program (advp) serves individuals with significant developmental disabilities. This is a long-term program that provides work training, compensatory education, volunteer opportunities and senior services. Served 53 individuals. See statement 2
Activity 3
Production activities provide work training, including assembly, inspection, material handling and housekeeping, to persons with disabilities and disadvantages. Clients perform work for area industries such as abb, draka elevator products, ati, advantage wiping, rocky mount cord, schneider, morrisette, and the north carolina department of transportation. This past fiscal year clients earned a total of 280,268. The average work day is 7.75 hours/4 days/week. Production activities not only provide some income for individuals, it is the means to teach appropriate work behaviors and good quality. Clients are paid on a piece-rate basis through a special wage certificate from us department of labor. See statement 3
Filing and Contact Details

Filer

EIN
56-0859662
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IRS990/Activity3/Description0PRODUCTION ACTIVITIES PROVIDE WORK TRAINING, INCLUDING ASSEMBLY, INSPECTION, MATERIAL HANDLING AND HOUSEKEEPING, TO PERSONS WITH DISABILITIES AND DISADVANTAGES. CLIENTS PERFORM WORK FOR AREA INDUSTRIES SUCH AS ABB, DRAKA ELEVATOR PRODUCTS, ATI, ADVANTAGE WIPING, ROCKY MOUNT CORD, SCHNEIDER, MORRISETTE, AND THE NORTH CAROLINA DEPARTMENT OF TRANSPORTATION. THIS PAST FISCAL YEAR CLIENTS EARNED A TOTAL OF 280,268. THE AVERAGE WORK DAY IS 7.75 HOURS/4 DAYS/WEEK. PRODUCTION ACTIVITIES NOT ONLY PROVIDE SOME INCOME FOR INDIVIDUALS, IT IS THE MEANS TO TEACH APPROPRIATE WORK BEHAVIORS AND GOOD QUALITY. CLIENTS ARE PAID ON A PIECE-RATE BASIS THROUGH A SPECIAL WAGE CERTIFICATE FROM US DEPARTMENT OF LABOR. SEE STATEMENT 3
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IRS990/RevenuesLessExpensesPriorYear0-17378
IRS990/SalariesEtcCurrentYear02002731
IRS990/SalariesEtcPriorYear02007221
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYear02065003
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus1Year01965378
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus2Years01988972
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus3Years01363512
IRS990ScheduleA/AmtsFromSubstContributors/CurrentTaxYearMinus4Years01624746
IRS990ScheduleA/AmtsFromSubstContributors/Total09007611
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear01606704
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year01731132
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years01828689
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years01726152
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years01684284
IRS990ScheduleA/GiftsGrantsContribReceived509/Total08576961
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYear06580
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus1Year05340
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus2Years014962
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus3Years018111
IRS990ScheduleA/GrossInvestmentIncome509/CurrentTaxYearMinus4Years022817
IRS990ScheduleA/GrossInvestmentIncome509/Total067810
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear03352016
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IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years03125848
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years02340475
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years02500495
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total014753023
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear06580
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year05340
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years014962
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years018111
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years022817
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IRS990ScheduleA/InvestmentIncomePercentage00.00000
IRS990ScheduleA/PriorYearSupportPercentage00.48960
IRS990ScheduleA/PriorYrInvestIncomePercentage00.01000
IRS990ScheduleA/PubliclySupportedOrg509a20X
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IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus2Years01988972
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus3Years01363512
IRS990ScheduleA/SupportFromDQPsEtc/CurrentTaxYearMinus4Years01624746
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IRS990ScheduleA/ThirtyThreePercntTestsCY5090X
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IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years04954537
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years04066627
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years04184779
IRS990ScheduleA/Total509/Total023329984
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear04965300
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year05170661
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years04969499
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years04084738
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years04207596

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.60$0.68$5.91$4.87$3.27$1.60
2023Detailed filing. Detailed filing data is available for this year.$4.34$0.43$3.92$2.76$2.74$0.02
2022Detailed filing. Detailed filing data is available for this year.$4.09$0.41$3.69$2.75$2.28$0.47
2021Detailed filing. Detailed filing data is available for this year.$4.45$0.52$3.92$4.30$2.48$1.82
2020Detailed filing. Detailed filing data is available for this year.$3.99$1.38$2.61$3.30$3.17$0.13
2019Detailed filing. Detailed filing data is available for this year.$3.24$0.46$2.78$3.72$3.38$0.34
2018Detailed filing. Detailed filing data is available for this year.$2.98$0.60$2.38$3.45$3.26$0.19
2017Detailed filing. Detailed filing data is available for this year.$2.84$0.66$2.18$4.24$3.34$0.90
2016Detailed filing. Detailed filing data is available for this year.$2.14$0.81$1.34$3.50$3.62$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.35$0.87$1.48$3.52$3.57$0.05
2014Summary only. Only limited summary data is available for this year.$2.31$0.76$1.54$3.31$3.31$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.66$1.50$3.19
2012Summary only. Only limited summary data is available for this year.$2.31$0.66$1.65$3.19$3.21$0.02
2011Summary only. Only limited summary data is available for this year.$2.38$0.68$1.69$3.19$3.07$0.12