Old Wilmington Riverfront

990EZ • Fiscal year 2015 • EIN 56-1250545

Jan 01, 2015 to Dec 31, 2015 • Filed on Jan 18, 2017

Organization Profile WILMINGTONRIVERFEST.COM

PO Box 7735Wilmington, NC 28406

(910) 233-0372

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-29%

Higher net margin than 12% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-60%

Faster asset growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

2.5%

Faster revenue growth than 52% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$16,720

Down $25,110 (-60%) from 2014

Net Assets

Down

$16,720

Down $25,110 (-60%) from 2014

Liabilities

Flat

Flat from 2014

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin12th percentile

Revenue

$88,105

Up $2,129 (+2.5%) from 2014

Expenses

$113,215

Up $44,920 (+66%) from 2014

Net Income

Down

-$25,110

Down $42,791 (-242%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

Highlighted filing

2015

Assets$16,720

Liabilities$0

Net Assets$16,720

Open 2015 Filing

Operations Trend

Revenue Growth52nd percentile

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

Highlighted filing

2015

Revenue$88,105

Expenses$113,215

Net Income-$25,110

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2015 to Dec 31, 2015
Signed: Jan 18, 2017
Return Version: 2015v3.0
Gross Receipts: $92,788

Mission and Program Overview

Mission

Promoting wilmington and cape fear river

Provide scholarships to students

Program Services

Description	Grants	Expenses
SUPPORT STUDENTS STUDYING MARINE SCIENCE THRU SCHOLARSHIPS	-	-

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
CHRISTOPHER D SNOWDEN	President	PT	$0	-	-
KAREN DANIELS	Secretary	-	$0	-	-
PC SNOWDEN	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Old Wilmington Riverfront
EIN: 56-1250545
Address: PO BOX 7735, Wilmington, NC 28406

Signing Officer

Name: Pc Snowden
Title: President
Phone: 9102330372
Signed: 2017-01-18
Discuss with paid preparer: No

Preparer

Firm: Goodson & Taylor CPAs
Address: 771 S Kerr Ave, Wilmington, NC 28403
Preparer: Clement E Goodson
Phone: 9103924650

Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity MARINE TECHNOLOGY SCHOLARSHIP Grantee CAPE FEAR COMM COLLEGE FOUNDATION Street 411 NORTH FRONT ST City, State, Zip Wilmington, NC 28401Amount 5,000”

Description of other expenses Part I line 16

“Description AmountADVERTISING 22,092APPRECIATION EXPENSE 1,142ARTWORK 1,572BANK FEE 1,529BUSINESS REGISTRATION & EXPENSE 5,159EQUIPMENT RENTAL & MAINTENANCE 3,191INSURANCE 9,421PARKING 3,125FIREWORKS 9,325GENERAL EXPENSE 1,523KIDS ZONE 9,875LOGISTICS 1,680MEETINS & DINNER 2,423OFFICE EXPENSE 69SUPPLIES 420TELEPHONE 446SECURITY 2,722SPECIAL EVENT 85TRAVEL 940WEBSITE 366ARTS & CRAFTS 215BEER GARDEN 21,667CONCESSIONS 8,367”

Description of other assets Part II line 24

“Category Beginning of Year End of YearACCOUNTS RECEIVABLE 0 2,750”

Raw XML Appendix135 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	PC SNOWDEN
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9102330372
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	238 GREENWICH LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Wilmington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	28409
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	41830
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	13970
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	9450
IRS990EZ/CostOfGoodsSoldAmt	0	4683
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-25110
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	353
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	41830
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	16720
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	5000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt	0	-1266
IRS990EZ/GrossReceiptsAmt	0	92788
IRS990EZ/GrossSalesOfInventoryAmt	0	3417
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	41830
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	16720
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	41830
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	16720
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	2.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	CHRISTOPHER D SNOWDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	KAREN DANIELS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	PC SNOWDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	2750
IRS990EZ/OtherExpensesTotalAmt	0	107354
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVIDE SCHOLARSHIPS TO STUDENTS
IRS990EZ/PrintingPublicationsPostageAmt	0	508
IRS990EZ/ProgramServiceRevenueAmt	0	79921
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	SUPPORT STUDENTS STUDYING MARINE SCIENCE THRU SCHOLARSHIPS
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	113215
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	88105
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WILMINGTONRIVERFEST.COM
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	0	SUPPORTED ORGANIZATION DOES NOT APPOINT DIRECTORS OR TRUSTEES. DONATIONS ARE GIVENG TO ORGANIZATION TO USE AS NEEDED.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	1	DIRECTORS OR TRUSTEES OF ORGANIZATION ARE NOT DIRECTORS OR TRUSTEES OF SUPPORTED ORGANIZATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	2	ORGANIZATION GIVES DONATIONS TO SUPPORTED ORGANIZATION
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt	3	PROVIDE SCHOLARSHIPS TO STUDENTS AT CFCC
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	0	Power to regularly appoint Part IV Sect B line 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	1	Majority of directors or trustees Part IV Sect C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	2	Appointed of elected Part IV Sect D line 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc	3	Support government entity Part IV Sect E line 1c
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	9450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	25150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	34600
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	34600
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	9450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	25150
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	34600
IRS990ScheduleA/TotalSupportAmt	0	34600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Activity MARINE TECHNOLOGY SCHOLARSHIP Grantee CAPE FEAR COMM COLLEGE FOUNDATION Street 411 NORTH FRONT ST City, State, Zip Wilmington, NC 28401Amount 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description AmountADVERTISING 22,092APPRECIATION EXPENSE 1,142ARTWORK 1,572BANK FEE 1,529BUSINESS REGISTRATION & EXPENSE 5,159EQUIPMENT RENTAL & MAINTENANCE 3,191INSURANCE 9,421PARKING 3,125FIREWORKS 9,325GENERAL EXPENSE 1,523KIDS ZONE 9,875LOGISTICS 1,680MEETINS & DINNER 2,423OFFICE EXPENSE 69SUPPLIES 420TELEPHONE 446SECURITY 2,722SPECIAL EVENT 85TRAVEL 940WEBSITE 366ARTS & CRAFTS 215BEER GARDEN 21,667CONCESSIONS 8,367
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Category Beginning of Year End of YearACCOUNTS RECEIVABLE 0 2,750
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Description of other assets Part II line 24
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	PC SNOWDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9102330372
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-01-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	OLD WILMINGTON RIVERFRONT
ReturnHeader/Filer/BusinessNameControlTxt	0	OLDW
ReturnHeader/Filer/EIN	0	561250545
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 7735
ReturnHeader/Filer/USAddress/CityNm	0	Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NC
ReturnHeader/Filer/USAddress/ZIPCd	0	28406
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	561909514
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	Goodson & Taylor CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	771 S Kerr Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Wilmington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	28403
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9103924650
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2017-01-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	CLEMENT E GOODSON
ReturnHeader/ReturnTs	0	2017-01-19T09:12:12-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2015-01-01
ReturnHeader/TaxPeriodEndDt	0	2015-12-31
ReturnHeader/TaxYr	0	2015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $16,720
Liabilities: $0
Net assets: $16,720
Revenue: $88,105
Expenses: $113,215
Net income: -$25,110

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.13	$0.00	$0.13		$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.10	$0.00	$0.10	$0.05	$0.03	$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.08	$0.00	$0.08	$0.83	$0.73	$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.02	$0.04	$0.02	$0.95	$0.97	$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.00	$0.00	$0.00	$0.94	$1.10	$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.16	$0.00	$0.16	$1.11	$1.11	$0.01
2015Detailed filing. Detailed filing data is available for this year.	$0.17	$0.00	$0.17	$0.88	$1.13	$0.25
2014Detailed filing. Detailed filing data is available for this year.	$0.42	$0.00	$0.42	$0.86	$0.68	$0.18
2013Detailed filing. Detailed filing data is available for this year.	$0.24	$0.00	$0.24	$0.74	$0.82	$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.32	$0.00	$0.32	$0.74	$0.94	$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.53	$0.00	$0.53		$1.15
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.24	$0.00	$0.24		$1.09