Civic Intelligence

Chatham Trades Inc.

990 • Fiscal year 2015 • EIN 56-1272201

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 02, 2015

PO Box 511Siler City, NC 27344

(919) 663-3481

Siviq Scores

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

Liabilities / Assets

75th percentile

0.28x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

58th percentile

0.07x

Higher debt load relative to revenue than 58% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

60th percentile

7.2%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$71,467

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

89th percentile

54%

Faster asset growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$222,623

Up $78,041 (+54%) from 2014

Net Assets

Up

$159,552

Up $61,857 (+63%) from 2014

Liabilities

Up

$63,071

Up $16,184 (+35%) from 2014

Revenue

Up

$860,863

Up $82,402 (+11%) from 2014

Expenses

Up

$799,006

Up $26,694 (+3.5%) from 2014

Net Income

Up

$61,857

Up $55,708 (+906%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $327,688Liabilities 2011: $136,482Net Assets 2011: $191,2062011Assets 2012: $202,341Liabilities 2012: $54,177Net Assets 2012: $148,1642012Assets 2013: $144,632Liabilities 2013: $53,086Net Assets 2013: $91,5462013Assets 2014: $144,582Liabilities 2014: $46,887Net Assets 2014: $97,6952014Assets 2015: $222,623Liabilities 2015: $63,071Net Assets 2015: $159,5522015Assets 2016: $187,892Liabilities 2016: $38,880Net Assets 2016: $149,0122016Assets 2017: $182,198Liabilities 2017: $42,104Net Assets 2017: $140,0942017Assets 2018: $830,467Liabilities 2018: $637,794Net Assets 2018: $192,6732018Assets 2019: $1,005,140Liabilities 2019: $640,542Net Assets 2019: $364,5982019Assets 2020: $1,240,018Liabilities 2020: $788,783Net Assets 2020: $451,2352020Assets 2021: $1,161,146Liabilities 2021: $633,998Net Assets 2021: $527,1482021Assets 2022: $941,578Liabilities 2022: $679,100Net Assets 2022: $262,4782022Assets 2023: $1,190,310Liabilities 2023: $758,883Net Assets 2023: $431,4272023Assets 2024: $1,075,422Liabilities 2024: $635,165Net Assets 2024: $440,2572024

Highlighted filing

2015

Assets$222,623
Liabilities$63,071
Net Assets$159,552

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $845,8292011Expenses 2012: $794,8692012Expenses 2013: $738,2002013Revenue 2014: $778,461Expenses 2014: $772,312Net Income 2014: $6,1492014Revenue 2015: $860,863Expenses 2015: $799,006Net Income 2015: $61,8572015Revenue 2016: $799,655Expenses 2016: $810,195Net Income 2016: -$10,5402016Revenue 2017: $762,857Expenses 2017: $771,775Net Income 2017: -$8,9182017Revenue 2018: $741,040Expenses 2018: $688,465Net Income 2018: $52,5752018Revenue 2019: $1,008,885Expenses 2019: $836,960Net Income 2019: $171,9252019Revenue 2020: $1,080,692Expenses 2020: $994,055Net Income 2020: $86,6372020Revenue 2021: $1,038,826Expenses 2021: $962,913Net Income 2021: $75,9132021Revenue 2022: $908,153Expenses 2022: $1,172,823Net Income 2022: -$264,6702022Revenue 2023: $911,158Expenses 2023: $1,075,847Net Income 2023: -$164,6892023Revenue 2024: $1,335,312Expenses 2024: $1,326,482Net Income 2024: $8,8302024

Highlighted filing

2015

Revenue$860,863
Expenses$799,006
Net Income$61,857
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 2, 2015
Return Version
2014v5.0
Gross Receipts
$860,863
Mission and Program Overview

Mission

Community rehabilitation program serving adults with physical, intellectual and developmental disabilities including evaluation, training, work activity, job development and job placement

Sheltered workshop for mentally and physically handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$69,995$80,158▲ $10,163
Savings and Temporary Cash Investments$14,433$78,749▲ $64,316
Land, Buildings, and Equipment, Net$33,643$62,187▲ $28,544
Prepaid Expenses and Deferred Charges$26,292$1,284▼ $25,008
Cash and Non-Interest-Bearing Accounts$219$245▲ $26
Total Assets$144,582$222,623▲ $78,041
Liabilities
Accounts Payable and Accrued Expenses$46,887$63,071▲ $16,184
Total Liabilities$46,887$63,071▲ $16,184
Net Assets / Fund Balance
Unrestricted Net Assets$97,695$159,552▲ $61,857
Total Net Assets Fund Balance$97,695$159,552▲ $61,857
Total Liabilities and Net Assets / Fund Balance$144,582$222,623▲ $78,041

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,730$213,337$225,067
Other Land Buildings$36,510$36,745$73,255
Equipment$1,755$54,674$56,429
Land$12,192-$12,192
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shawn PoeExecutive DirectorFT$71,467$71,467

Board Members and Trustees

NameTitle
Patrick BarnesPresident
Mike FisherVice President
Dawn TuckerBoard Member
Eliza SandersBoard Member
Herbert GainesBoard Member
Kenneth McphersonBoard Member
Lisa WrightBoard Member
Marc SandersBoard Member
Mary HarrisBoard Member
Sarah RiceSecretary
Richard CavinessTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$245,979
Program Service Revenue
$451,166
Investment Income
$88
Other Revenue
$163,630
All Other Contributions
$43,246
Change in Net Assets
$61,857

Audited Revenue Reconciliation

Revenue per Audited Statements
$860,863
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$860,863
Total Revenue per Form 990
$860,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$607,256
Other Expenses$191,750
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$353,317$68,704-$422,021
Other Employee Benefits$54,555$23,834-$78,389
Current Officers, Directors, Trustees, and Key Employees$14,293$57,174-$71,467
Payroll Taxes$25,799$9,580-$35,379
All Other Expenses$4,513$28,359-$32,872
Insurance$9,372$5,438-$14,810
Other Expenses$6,068$4,121-$10,189
Depreciation Depletion$4,066$3,163-$7,229
Fees for Services Accounting-$6,700-$6,700
Office Expenses-$3,822-$3,822
Conferences and Meetings$2,843$413-$3,256
Travel$1,688$177-$1,865
Advertising$140--$140
Total Functional Expenses$582,388$216,618$0$799,006

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$799,006
Total Expenses per Audited Statements$799,006
Total Expenses per Form 990$799,006
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$193
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7B

Items relating to personnel salaries, agency service policies, and purchases of items over $5,000 require board approval.

Form 990, Part VI, Section B, Line 11

A copy of the 990 was e-mailed to all board members for their approval.

Form 990, Part VI, Section C, Line 19

Governing documents (including form 990) may be viewed in the organizations business office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Chatham Trades Inc
EIN
56-1272201
Phone
9196633481
Address
PO BOX 511, SILER CITY, NC 27344

Signing Officer

Name
Shawn Poe
Title
Executive Director
Phone
9196633481
Signed
2015-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Poe
Formed
1980
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
67
Volunteers
0

Preparer

Firm
Ward & Foust Cpas Pa
Address
PO BOX 185, SILER CITY, NC 27344
Preparer
Donna S Foust
Phone
9196632311
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt080158
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026292
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01284
IRS990/PrincipalOfficerNm0SHAWN POE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624310
IRS990/ProgramServiceRevenueGrp/BusinessCd1624310
IRS990/ProgramServiceRevenueGrp/BusinessCd2624310
IRS990/ProgramServiceRevenueGrp/Desc0MEDICARE/MEDICAID
IRS990/ProgramServiceRevenueGrp/Desc1CARDINAL INNOVATION
IRS990/ProgramServiceRevenueGrp/Desc2SANDHILLS CENTER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0262602
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1172926
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0262602
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1172926
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215638
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0145287
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03
IRS990/PYOtherExpensesAmt0184039
IRS990/PYOtherRevenueAmt0153081
IRS990/PYProgramServiceRevenueAmt0480090
IRS990/PYRevenuesLessExpensesAmt06149
IRS990/PYSalariesCompEmpBnftPaidAmt0588273
IRS990/PYTotalExpensesAmt0772312
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0778461
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt061857
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0614603
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014433
IRS990/SavingsAndTempCashInvstGrp/EOYAmt078749
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0686693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0614752
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0695154
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0738977
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0626868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03362444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt088
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt049
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0258
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0498686
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08555
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09972
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06559
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04454
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03990
IRS990ScheduleA/OtherIncome170Grp/TotalAmt033530
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99010
IRS990ScheduleA/PublicSupportPY170Pct00.98990
IRS990ScheduleA/PublicSupportTotal170Amt03362444
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0686693
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0614752
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0695154
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0738977
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0626868
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03362444
IRS990ScheduleA/TotalSupportAmt03396232
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt011730
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0213337
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0225067
IRS990ScheduleD/EquipmentGrp/BookValueAmt01755
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054674
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056429
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0799006
IRS990ScheduleD/LandGrp/BookValueAmt012192
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt012192
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt036510
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt036745
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073255
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0860863
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062187
IRS990ScheduleD/TotalExpensesPerForm990Amt0799006
IRS990ScheduleD/TotalRevenuePerForm990Amt0860863
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0860863
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0799006
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ITEMS RELATING TO PERSONNEL SALARIES, AGENCY SERVICE POLICIES, AND PURCHASES OF ITEMS OVER $5,000 REQUIRE BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 WAS E-MAILED TO ALL BOARD MEMBERS FOR THEIR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS (INCLUDING FORM 990) MAY BE VIEWED IN THE ORGANIZATIONS BUSINESS OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0144582
IRS990/TotalAssetsEOYAmt0222623
IRS990/TotalAssetsGrp/BOYAmt0144582
IRS990/TotalAssetsGrp/EOYAmt0222623
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0245979
IRS990/TotalEmployeeCnt067
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0216618
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0582388
IRS990/TotalFunctionalExpensesGrp/TotalAmt0799006
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt046887
IRS990/TotalLiabilitiesEOYAmt063071
IRS990/TotalLiabilitiesGrp/BOYAmt046887
IRS990/TotalLiabilitiesGrp/EOYAmt063071

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.64$0.44$1.34$1.33$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.76$0.43$0.91$1.08$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.68$0.26$0.91$1.17$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.63$0.53$1.04$0.96$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.79$0.45$1.08$0.99$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.64$0.36$1.01$0.84$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.64$0.19$0.74$0.69$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.04$0.14$0.76$0.77$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.04$0.15$0.80$0.81$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.06$0.16$0.86$0.80$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.05$0.10$0.78$0.77$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.05$0.09$0.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.05$0.15$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.14$0.19$0.85
Peer Organizations

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