Civic Intelligence

North Carolina Poultry Federation Inc

990 • Fiscal year 2021 • EIN 56-0905018

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 09, 2022

Organization ProfileWWW.NCPOULTRY.ORG
4020 Barrett Drive Suite 102Raleigh, NC 27609

(919) 783-8218

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.01x

Higher debt load relative to revenue than 17% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

3rd percentile

-44%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

69th percentile

$193,476

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 78.3% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

11th percentile

-5.3%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-31%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets13th percentile

Assets

Down

$1,874,710

Down $105,776 (-5.3%) from 2020

Net Assets

Down

$1,872,823

Down $106,491 (-5.4%) from 2020

Liabilities

Up

$1,887

Up $715 (+61%) from 2020

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin3rd percentile

Revenue

Down

$246,942

Down $113,236 (-31%) from 2020

Expenses

Up

$354,870

Up $55,631 (+19%) from 2020

Net Income

Down

-$107,928

Down $168,867 (-277%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,391,332Liabilities 2011: $28,275Net Assets 2011: $1,363,0572011Assets 2012: $1,349,930Liabilities 2012: $4,050Net Assets 2012: $1,345,8802012Assets 2013: $1,327,897Liabilities 2013: $4,783Net Assets 2013: $1,323,1142013Assets 2014: $1,388,351Liabilities 2014: $351Net Assets 2014: $1,388,0002014Assets 2015: $1,487,030Liabilities 2015: $20,142Net Assets 2015: $1,466,8882015Assets 2016: $1,555,652Liabilities 2016: $24,362Net Assets 2016: $1,531,2902016Assets 2017: $1,705,744Liabilities 2017: $25,495Net Assets 2017: $1,680,2492017Assets 2018: $1,801,541Liabilities 2018: $19,251Net Assets 2018: $1,782,2902018Assets 2019: $1,923,877Liabilities 2019: $5,502Net Assets 2019: $1,918,3752019Assets 2020: $1,980,486Liabilities 2020: $1,172Net Assets 2020: $1,979,3142020Assets 2021: $1,874,710Liabilities 2021: $1,887Net Assets 2021: $1,872,8232021Assets 2022: $1,972,363Liabilities 2022: $3,323Net Assets 2022: $1,969,0402022Assets 2023: $2,111,526Liabilities 2023: $2,237Net Assets 2023: $2,109,2892023Assets 2024: $2,230,807Liabilities 2024: $3,455Net Assets 2024: $2,227,3522024

Highlighted filing

2021

Assets$1,874,710
Liabilities$1,887
Net Assets$1,872,823
Open 2021 Filing

Operations Trend

Revenue Growth7th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $421,007Expenses 2011: $341,606Net Income 2011: $79,4012011Revenue 2012: $374,499Expenses 2012: $391,676Net Income 2012: -$17,1772012Revenue 2013: $343,766Expenses 2013: $366,532Net Income 2013: -$22,7662013Revenue 2014: $457,124Expenses 2014: $392,238Net Income 2014: $64,8862014Revenue 2015: $436,670Expenses 2015: $357,782Net Income 2015: $78,8882015Revenue 2016: $434,534Expenses 2016: $370,132Net Income 2016: $64,4022016Revenue 2017: $473,363Expenses 2017: $324,404Net Income 2017: $148,9592017Revenue 2018: $451,942Expenses 2018: $349,901Net Income 2018: $102,0412018Revenue 2019: $494,265Expenses 2019: $358,180Net Income 2019: $136,0852019Revenue 2020: $360,178Expenses 2020: $299,239Net Income 2020: $60,9392020Revenue 2021: $246,942Expenses 2021: $354,870Net Income 2021: -$107,9282021Revenue 2022: $486,542Expenses 2022: $390,325Net Income 2022: $96,2172022Revenue 2023: $526,179Expenses 2023: $385,930Net Income 2023: $140,2492023Revenue 2024: $557,335Expenses 2024: $439,272Net Income 2024: $118,0632024

Highlighted filing

2021

Revenue$246,942
Expenses$354,870
Net Income-$107,928
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 9, 2022
Return Version
2021v4.0
Gross Receipts
$255,727
Mission and Program Overview

Mission

To promote the Poultry industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,979,090$1,873,706▼ $105,384
Land, Buildings, and Equipment, Net$1,397$1,004▼ $393
Cash and Non-Interest-Bearing Accounts$-1--
Total Assets$1,980,486$1,874,710▼ $105,776
Liabilities
Other Liabilities$1,172$1,887▲ $715
Total Liabilities$1,172$1,887▲ $715
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,970,314$1,863,823▼ $106,491
Net Assets With Donor Restrictions$9,000$9,000→ $0
Total Net Assets Fund Balance$1,979,314$1,872,823▼ $106,491
Total Liabilities and Net Assets / Fund Balance$1,980,486$1,874,710▼ $105,776

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$71,003$71,003
Equipment$1,004$24,792$25,796
Other Land Buildings-$24,500$24,500
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert L FordExecutive DiFT$182,570$10,906$193,476
Robert L FordExecutive Director-$142,069$51,407$193,476

Board Members and Trustees

NameTitle
Dr Alice JohnsonPresident
Adam SmithDirector
Alex SimpsonDirector
Bill MasseyDirector
Bob JohnsonDirector
Chandler AdamsDirector
Charles RigdonDirector
Clay LindleyDirector
Connie OzmentDirector
Cowan JohnsonDirector
Darryl MooreDirector
David AndersonDirector
Jeff HancockDirector
John PopeDirector
Mark WhittDirector
Matthew WootenDirector
Michael MartinDirector
Mike TamimiDirector
Richard WilliamsDirector
Ronnie ParkerDirector
Scott PrestageDirector
Terry ManessDirector
Tim ThomasDirector
Todd HuneycuttDirector
Tommy FurloughDirector
Tommy Porter JrDirector
Willie JervisDirector
Scott Vanhoy1st Vice Pre
Jarrod Lowery2nd Vice Pre
Andrew BoylesImmediate Pa
Marty ParsonsSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$226,595
Program Service Revenue
$15,675
Investment Income
$2,417
Other Revenue
$2,255
Change in Net Assets
$-107,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$231,015
Other Expenses$123,855
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$154,780$38,695-$193,475
Fees for Services Lobbying$36,500$4,056-$40,556
Other Salaries and Wages$19,398$4,849-$24,247
Payroll Taxes$9,989$2,497-$12,486
Fees for Services Accounting$5,274$5,273-$10,547
Fees for Services Legal$9,266$1,030-$10,296
Other Expenses$6,936$1,432-$6,936
Insurance-$4,875-$4,875
Office Expenses$3,559$1,312-$4,871
Travel$3,178--$3,178
All Other Expenses$482$1,314-$1,796
Other Employee Benefits$646$161-$807
Depreciation Depletion$393--$393
Conferences and Meetings$80--$80
Total Functional Expenses$289,376$65,494$0$354,870
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,040
Fundraising Direct Expenses$8,785
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$40,556
Total Nondeductible Lobbying and Political Cost$40,556
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Payables$1,314
Credit Cards Payable$573
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“Provided to the executive director for review prior to filing”

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

“The board of directors determines compensation.”

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

“The board of directors determines compensation.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST ONLY”

Filing and Contact Details

Filer

Filer Name
North Carolina Poultry
EIN
56-0905018
Phone
9197838218
Address
4020 BARRETT DRIVE SUITE 102, RALEIGH, NC 27609

Signing Officer

Name
Robert L Ford
Title
Executive Director
Phone
9197838218
Signed
2022-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert L Ford
Formed
1968
Legal Domicile
Nc
Voting Board Members
30
Independent Board Members
30
Employees
2

Preparer

Firm
James a Lucas and Company Llp
Address
4909 WESTERN BLVD STE 200, RALEIGH, NC 27606
Preparer
Anna Hergenrader
Phone
9198514696
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt132ND VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt281ST VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
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IRS990/FormationYr01968
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IRS990/FundraisingGrossIncomeAmt011040
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Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,874,710
Liabilities
$1,887
Net assets
$1,872,823
Revenue
$246,942
Expenses
$354,870
Net income
-$107,928
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$0.00$2.23$0.56$0.44$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.53$0.39$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.49$0.39$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.87$0.00$1.87$0.25$0.35$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.36$0.30$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.92$0.01$1.92$0.49$0.36$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.80$0.02$1.78$0.45$0.35$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.71$0.03$1.68$0.47$0.32$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.56$0.02$1.53$0.43$0.37$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.02$1.47$0.44$0.36$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.46$0.39$0.06
2013Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.32$0.34$0.37$0.02
2012Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$0.37$0.39$0.02
2011Summary only. Only limited summary data is available for this year.$1.39$0.03$1.36$0.42$0.34$0.08