Civic Intelligence

Franklin Vance Warren Opportunity

990 • Fiscal year 2020 • EIN 56-0861261

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2020

Organization Profilen/a

View Organization Page

180 S Beckford DriveHenderson, NC 27536

(252) 492-0161

Siviq Scores

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

Liabilities / Assets

75th percentile

0.60x

Higher debt load relative to assets than 75% of similar nonprofits.

2020 filings • NTEE P • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.24x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • NTEE P • $5M-$10M nonprofits • Source year 2020

Net Margin

32nd percentile

-0.6%

Higher net margin than 32% of similar nonprofits.

2020 filings • NTEE P • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$90,222

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2020 filings • NTEE P • $5M-$10M nonprofits • Source year 2020

Asset Growth

81st percentile

41%

Faster asset growth than 81% of similar nonprofits.

2020 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-4.0%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • NTEE P • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$3,364,543

Up $983,325 (+41%) from 2019

Net Assets

Down

$1,336,525

Down $50,408 (-3.6%) from 2019

Liabilities

Up

$2,028,018

Up $1,033,733 (+104%) from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin32nd percentile

Revenue

Down

$8,388,319

Down $346,147 (-4.0%) from 2019

Expenses

Up

$8,438,727

Up $47,882 (+0.6%) from 2019

Net Income

Down

-$50,408

Down $394,029 (-115%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,728,406Liabilities 2011: $957,006Net Assets 2011: $1,771,4002011Assets 2012: $2,600,518Liabilities 2012: $1,224,622Net Assets 2012: $1,375,8962012Assets 2013: $3,003,217Liabilities 2013: $1,383,119Net Assets 2013: $1,620,0982013Assets 2014: $2,970,754Liabilities 2014: $1,145,932Net Assets 2014: $1,824,8222014Assets 2015: $2,432,314Liabilities 2015: $1,091,625Net Assets 2015: $1,340,6892015Assets 2016: $2,441,368Liabilities 2016: $1,283,704Net Assets 2016: $1,157,6642016Assets 2017: $2,333,667Liabilities 2017: $1,224,864Net Assets 2017: $1,108,8032017Assets 2018: $2,178,070Liabilities 2018: $1,134,758Net Assets 2018: $1,043,3122018Assets 2019: $2,381,218Liabilities 2019: $994,285Net Assets 2019: $1,386,9332019Assets 2020: $3,364,543Liabilities 2020: $2,028,018Net Assets 2020: $1,336,5252020Assets 2021: $4,057,269Liabilities 2021: $1,978,324Net Assets 2021: $2,078,9452021Assets 2022: $3,893,938Liabilities 2022: $1,381,800Net Assets 2022: $2,512,1382022Assets 2023: $3,742,128Liabilities 2023: $1,169,128Net Assets 2023: $2,573,0002023Assets 2024: $3,968,817Liabilities 2024: $1,574,435Net Assets 2024: $2,394,3822024

Highlighted filing

2020

Assets$3,364,543
Liabilities$2,028,018
Net Assets$1,336,525
Open 2020 Filing

Operations Trend

Revenue Growth30th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $9,969,251Expenses 2011: $9,826,735Net Income 2011: $142,5162011Revenue 2012: $8,933,516Expenses 2012: $9,329,020Net Income 2012: -$395,5042012Revenue 2013: $8,913,027Expenses 2013: $8,697,633Net Income 2013: $215,3942013Revenue 2014: $8,518,869Expenses 2014: $8,314,145Net Income 2014: $204,7242014Revenue 2015: $8,703,238Expenses 2015: $9,894,636Net Income 2015: -$1,191,3982015Revenue 2016: $8,616,928Expenses 2016: $8,799,953Net Income 2016: -$183,0252016Revenue 2017: $7,839,367Expenses 2017: $7,888,228Net Income 2017: -$48,8612017Revenue 2018: $7,796,957Expenses 2018: $7,862,448Net Income 2018: -$65,4912018Revenue 2019: $8,734,466Expenses 2019: $8,390,845Net Income 2019: $343,6212019Revenue 2020: $8,388,319Expenses 2020: $8,438,727Net Income 2020: -$50,4082020Revenue 2021: $9,956,290Expenses 2021: $9,213,870Net Income 2021: $742,4202021Revenue 2022: $8,890,505Expenses 2022: $8,457,228Net Income 2022: $433,2772022Revenue 2023: $10,022,578Expenses 2023: $9,961,716Net Income 2023: $60,8622023Revenue 2024: $10,395,027Expenses 2024: $10,573,645Net Income 2024: -$178,6182024

Highlighted filing

2020

Revenue$8,388,319
Expenses$8,438,727
Net Income-$50,408
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2020
Return Version
2019v5.0
Gross Receipts
$8,388,319
Mission and Program Overview

Mission

To take part in such education and charitable activities as may be necessary for advancing the general welfare of the people of franklin, vance and warren counties of north carolina

To take part in such education and charitable activites as may be necessary for advancing the general welfare of the people of franklin, vance and warren counties of north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$695,420$1,434,969▲ $739,549
Land, Buildings, and Equipment, Net$1,490,263$1,421,646▼ $68,617
Savings and Temporary Cash Investments$25,322$275,371▲ $250,049
Accounts Receivable$28,305$139,271▲ $110,966
Pledges and Grants Receivable$141,908$93,286▼ $48,622
Total Assets$2,381,218$3,364,543▲ $983,325
Liabilities
Mortgage Notes Payable Secured by Investment Property$694,180$814,330▲ $120,150
Other Liabilities-$648,547-
Accounts Payable and Accrued Expenses$162,902$410,299▲ $247,397
Deferred Revenue-$154,842-
Grants Payable$137,203--
Total Liabilities$994,285$2,028,018▲ $1,033,733
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,315,304$1,264,896▼ $50,408
Net Assets With Donor Restrictions$71,629$71,629→ $0
Total Net Assets Fund Balance$1,386,933$1,336,525▼ $50,408
Total Liabilities and Net Assets / Fund Balance$2,381,218$3,364,543▲ $983,325

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,230,933$480,041$1,710,974
Land$123,487-$123,487
Compensation and Service Providers
Top Officer Pay28th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Abdul RasheedCEOFT$89,502$720$90,222
Felicia GregoryCOOFT$66,258$8,378$74,636
Tanya BranchCFOPT$51,542-$51,542

Board Members and Trustees

NameTitle
Dr Tony CozartPresident
Diane CoxBoard Member
Gordon WilderBoard Member
James R JonesBoard Member
James SpeedBoard Member
Joseph FoggBoard Member
Minnie VaughanBoard Member
Rev James O VandergriftBoard Member
Sue HinmanBoard Member
Tiffany HarrisBoard Member
Tare Davis1st Vice Pre
Victor Hunt2nd Vice Pre
Helen LindseySecretary
Dr Richard HendersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,376,210
Program Service Revenue
$12,061
Investment Income
$48
Other Revenue
$0
All Other Contributions
$174,632
Change in Net Assets
$-50,408
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,448,357
Grants and Similar Amounts Paid$3,054,387
Other Expenses$1,935,983
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,054,387--$3,054,387
Other Salaries and Wages$2,319,636$332,844-$2,652,480
Other Employee Benefits$482,167$18,332-$500,499
Occupancy$368,546$6,838-$375,384
Fees for Services Management$186,972$67,486-$254,458
Payroll Taxes$208,635$26,442-$235,077
Other Expenses$97,024$31,644-$128,668
Office Expenses$77,797$20,503-$98,300
Fees for Services Accounting$39,422$32,622-$72,044
Depreciation Depletion$27,115$41,929-$69,044
Insurance$62,194$5,178-$67,372
Pension Plan Contributions$57,361$2,940-$60,301
Interest-$30,706-$30,706
Travel$21,365$8,993-$30,358
Conferences and Meetings$22,569$7,557-$30,126
All Other Expenses$8,662$3,485-$12,147
Advertising$4,155$53-$4,208
Total Functional Expenses$7,754,356$684,371$0$8,438,727
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
Ppp Loan$648,547
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 8B

“There are no committes with the authority to act on behalf of the governing body and therefore no meetings to document”

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

“Executive director reviews the form 990 with the audited financial statements before filing. The full board receives copy to review after filing”

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

“All involved are required by policy to acknowledge any conflicts with each program in which the organization disburses funds. If ther are any appearances of a conflict of interest, an individual who may benefit shall abstain from participating. The organization consistenly monitors contracts and pay requests to ensure compliance with this policy.”

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

“The organization uses a wage comparability study provided by the nc community action association to assist with salary scales. The board determines the salary for the ceo. The ceo determines all other salaries. Al discussions are documented in the meeting minutes.”

Form 990, Page 6, Part VI, Line 19

“All documents are held in the custody of the organization. Requests for public information are honored when received in writing.”

Filing and Contact Details

Filer

Filer Name
Franklin-vance-warren Opportunity
EIN
56-0861261
Address
180 S BECKFORD DRIVE, HENDERSON, NC 27536

Signing Officer

Name
Felicia Gregory
Title
COO
Phone
2524920161
Signed
2020-05-17

Organization Details

Principal Officer
Felicia Gregory
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
136

Preparer

Firm
Tanya S Branch Cpapa
Address
PO BOX 447, DURHAM, NC 27702-0338
Preparer
Tanya Branch
Phone
9194906682
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IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt08201578
IRS990/GrantAmt03054387
IRS990/GrantsPayableGrp/BOYAmt0137203
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03054387
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03054387
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt08388319
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05178
IRS990/InsuranceGrp/ProgramServicesAmt062194
IRS990/InsuranceGrp/TotalAmt067372
IRS990/InterestGrp/ManagementAndGeneralAmt030706
IRS990/InterestGrp/TotalAmt030706
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt048
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt096
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02244046
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01490263
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01421646
IRS990/LandBldgEquipCostOrOtherBssAmt03665692
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO TAKE PART IN SUCH EDUCATION AND CHARITABLE ACTIVITES AS MAY BE NECESSARY FOR ADVANCING THE GENERAL WELFARE OF THE PEOPLE OF FRANKLIN, VANCE AND WARREN COUNTIES OF NORTH CAROLINA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0694180
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0814330
IRS990/NetAssetsOrFundBalancesBOYAmt01386933
IRS990/NetAssetsOrFundBalancesEOYAmt01336525
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01315304
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01264896
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06838
IRS990/OccupancyGrp/ProgramServicesAmt0368546
IRS990/OccupancyGrp/TotalAmt0375384
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020503
IRS990/OfficeExpensesGrp/ProgramServicesAmt077797
IRS990/OfficeExpensesGrp/TotalAmt098300
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018332
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0482167
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0500499
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2MAINTENANCE EXP
IRS990/OtherExpensesGrp/Desc3CLIENT SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018415
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt128404
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt231644
IRS990/OtherExpensesGrp/ProgramServicesAmt0256902
IRS990/OtherExpensesGrp/ProgramServicesAmt1249385
IRS990/OtherExpensesGrp/ProgramServicesAmt2210062
IRS990/OtherExpensesGrp/ProgramServicesAmt397024
IRS990/OtherExpensesGrp/TotalAmt0275317
IRS990/OtherExpensesGrp/TotalAmt1249385
IRS990/OtherExpensesGrp/TotalAmt2238466
IRS990/OtherExpensesGrp/TotalAmt3128668
IRS990/OtherLiabilitiesGrp/EOYAmt0648547
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0332844
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02319636
IRS990/OtherSalariesAndWagesGrp/TotalAmt02652480
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026442
IRS990/PayrollTaxesGrp/ProgramServicesAmt0208635
IRS990/PayrollTaxesGrp/TotalAmt0235077
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02940
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt057361
IRS990/PensionPlanContributionsGrp/TotalAmt060301
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0141908
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt093286
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0FELICIA GREGORY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt012061
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012061
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt08679745
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt03034884
IRS990/PYOtherExpensesAmt01816282
IRS990/PYOtherRevenueAmt039409
IRS990/PYProgramServiceRevenueAmt015312
IRS990/PYRevenuesLessExpensesAmt0343621
IRS990/PYSalariesCompEmpBnftPaidAmt03539679
IRS990/PYTotalExpensesAmt08390845
IRS990/PYTotalRevenueAmt08734466
IRS990/ReconcilationRevenueExpnssAmt0-50408
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025322
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0275371
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0237,639
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08376210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08769745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07719555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07532384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07977220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt040375114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0212
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt048
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt012061
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0237639
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0249700
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99380
IRS990ScheduleA/PublicSupportTotal170Amt040375114
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08376210
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08769745
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07719555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07532384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07977220
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt040375114
IRS990ScheduleA/TotalSupportAmt040625026
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/BuildingsGrp/BookValueAmt01230933
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0480041
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01710974
IRS990ScheduleD/LandGrp/BookValueAmt0123487
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0123487
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0648547
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP LOAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01354420
IRS990ScheduleD/TotalLiabilityAmt0648547
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02847289
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1140824
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt266274
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HUD VOUCHERS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1FINANCIAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2WEATHERIZATION
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY AND THEREFORE NO MEETINGS TO DOCUMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE DIRECTOR REVIEWS THE FORM 990 WITH THE AUDITED FINANCIAL STATEMENTS BEFORE FILING. THE FULL BOARD RECEIVES COPY TO REVIEW AFTER FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL INVOLVED ARE REQUIRED BY POLICY TO ACKNOWLEDGE ANY CONFLICTS WITH EACH PROGRAM IN WHICH THE ORGANIZATION DISBURSES FUNDS. IF THER ARE ANY APPEARANCES OF A CONFLICT OF INTEREST, AN INDIVIDUAL WHO MAY BENEFIT SHALL ABSTAIN FROM PARTICIPATING. THE ORGANIZATION CONSISTENLY MONITORS CONTRACTS AND PAY REQUESTS TO ENSURE COMPLIANCE WITH THIS POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION USES A WAGE COMPARABILITY STUDY PROVIDED BY THE NC COMMUNITY ACTION ASSOCIATION TO ASSIST WITH SALARY SCALES. THE BOARD DETERMINES THE SALARY FOR THE CEO. THE CEO DETERMINES ALL OTHER SALARIES. AL DISCUSSIONS ARE DOCUMENTED IN THE MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DOCUMENTS ARE HELD IN THE CUSTODY OF THE ORGANIZATION. REQUESTS FOR PUBLIC INFORMATION ARE HONORED WHEN RECEIVED IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,364,543
Liabilities
$2,028,018
Net assets
$1,336,525
Revenue
$8,388,319
Expenses
$8,438,727
Net income
-$50,408
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.97$1.57$2.39$10.4$10.6$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.74$1.17$2.57$10.0$9.96$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.89$1.38$2.51$8.89$8.46$0.43
2021Detailed filing. Detailed filing data is available for this year.$4.06$1.98$2.08$9.96$9.21$0.74
2020Detailed filing. Detailed filing data is available for this year.$3.36$2.03$1.34$8.39$8.44$0.05
2019Summary only. Only limited summary data is available for this year.$2.38$0.99$1.39$8.73$8.39$0.34
2018Detailed filing. Detailed filing data is available for this year.$2.18$1.13$1.04$7.80$7.86$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.33$1.22$1.11$7.84$7.89$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.44$1.28$1.16$8.62$8.80$0.18
2015Detailed filing. Detailed filing data is available for this year.$2.43$1.09$1.34$8.70$9.89$1.19
2014Summary only. Only limited summary data is available for this year.$2.97$1.15$1.82$8.52$8.31$0.20
2013Summary only. Only limited summary data is available for this year.$3.00$1.38$1.62$8.91$8.70$0.22
2012Summary only. Only limited summary data is available for this year.$2.60$1.22$1.38$8.93$9.33$0.40
2011Summary only. Only limited summary data is available for this year.$2.73$0.96$1.77$9.97$9.83$0.14