Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Carolina Fuel Institute Inc
EIN 56-1341886 • 501(c)6 • Raleigh, NC
Profile
Carolina fuel institute incorporated was established for the purpose of promoting the merits of fuel oil and that continues to be its sole purpose.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.03x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
16th percentile
Higher net margin than 16% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
25th percentile
Faster asset growth than 25% of similar nonprofits.
Revenue Growth
94th percentile
Faster revenue growth than 94% of similar nonprofits.
Balance Sheet
Assets
Down$57,487
Down $16,691 (-23%) from 2023
Liabilities
Down$1,650
Down $5,958 (-78%) from 2023
Net Assets
Down$55,837
Down $10,733 (-16%) from 2023
Revenue
Up$32,905
Up $14,905 (+83%) from 2023
Expenses
Down$43,638
Down $29,408 (-40%) from 2023
Net Income
Up-$10,733
Up $44,313 (+81%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $57,487
- Liabilities
- $1,650
- Net assets
- $55,837
- Revenue
- $32,905
- Expenses
- $43,638
- Net income
- -$10,733
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Aug 12, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $32,905
Mission and Program Overview
Mission
Carolina fuel institute incorporated was begun for the purpose of promoting the merits of fuel oil and that continues to be its sole purpose.
Carolina fuel institute incorporated was established for the purpose of promoting the merits of fuel oil and that continues to be its sole purpose.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| CAROLINA FUEL INSTITUTE INCORPORATED WAS ESTABLISHED FOR THE PURPOSE OF PROMOTING THE MERITS OF FUEL OIL AND THAT CONTINUES TO BE ITS SOLE PURPOSE. | $0 | $28,031 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HAL JOHNSON | Chairman | - | $0 | - | - |
| WILL BERRY | Board Member | - | $0 | - | - |
| SAM METZLER | Board Member | - | $0 | - | - |
| KEVIN GARRISON | Board Member | - | $0 | - | - |
| JIMMY MCDONALD | Board Member | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Carolina Fuel Institute Inc
- EIN
- 56-1341886
- Phone
- 9197824411
- Address
- 7300 GLENWOOD AVE, RALEIGH, NC 27612
Signing Officer
- Name
- Gary Harris
- Title
- Executive Director
- Phone
- 9197824411
- Signed
- 2025-08-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Stancil PC
- Address
- 4909 Windy Hill Drive, Raleigh, NC 27609
- Preparer
- Nicholas Lombardi Jr
- Phone
- 9198721260
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: OFFICE EXPENSES. Amount: 172. Description: EQUIPMENT REBATES. Amount: 9,000. Description: FUEL OIL PROMOTION. Amount: 14,681. Description: MISCELLANEOUS EXPENSES. Amount: 3,677. Description: ADMINISTRATIVE EXPENSES PAID TO RELATED PARTY. Amount: 4,350. Description: VEHICLE EXPENSE. Amount: 5,807. Description: MEALS. Amount: 1,223. Description: TRAINING BUILDING. Amount: 228. Total to Form 990-EZ, line 16: 39,138.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: CONTRIBUTIONS RECEIVABLE- RELATED PARTY. Beg. of Year Amount: 18,000. End of Year Amount: 18,000.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: CREDIT CARD PAYABLE. Beg. of Year Amount: 2,738. End of Year Amount: 1,650. Description: ACCRUED EXPENSES-RELATED PARTY. Beg. of Year Amount: 4,870. End of Year Amount: 0.”
Raw XML Appendix128 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 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | TIMOTHY LAUGHLIN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9197824411 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 7300 GLENWOOD AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27612 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 56178 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 39487 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 32905 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10733 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4500 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 74178 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 57487 |
| IRS990EZ/GrossReceiptsAmt | 0 | 32905 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 66570 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 55837 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 66570 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 55837 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HAL JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | WILL BERRY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SAM METZLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KEVIN GARRISON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JIMMY MCDONALD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 18000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 18000 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39138 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | CAROLINA FUEL INSTITUTE INCORPORATED WAS ESTABLISHED FOR THE PURPOSE OF PROMOTING THE MERITS OF FUEL OIL AND THAT CONTINUES TO BE ITS SOLE PURPOSE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CAROLINA FUEL INSTITUTE INCORPORATED WAS ESTABLISHED FOR THE PURPOSE OF PROMOTING THE MERITS OF FUEL OIL AND THAT CONTINUES TO BE ITS SOLE PURPOSE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 28031 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 7608 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1650 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 43638 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 28031 |
| IRS990EZ/TotalRevenueAmt | 0 | 32905 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: OFFICE EXPENSES. Amount: 172. Description: EQUIPMENT REBATES. Amount: 9,000. Description: FUEL OIL PROMOTION. Amount: 14,681. Description: MISCELLANEOUS EXPENSES. Amount: 3,677. Description: ADMINISTRATIVE EXPENSES PAID TO RELATED PARTY. Amount: 4,350. Description: VEHICLE EXPENSE. Amount: 5,807. Description: MEALS. Amount: 1,223. Description: TRAINING BUILDING. Amount: 228. Total to Form 990-EZ, line 16: 39,138. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: CONTRIBUTIONS RECEIVABLE- RELATED PARTY. Beg. of Year Amount: 18,000. End of Year Amount: 18,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: CREDIT CARD PAYABLE. Beg. of Year Amount: 2,738. End of Year Amount: 1,650. Description: ACCRUED EXPENSES-RELATED PARTY. Beg. of Year Amount: 4,870. End of Year Amount: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARY HARRIS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9197824411 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CAROLINA FUEL INSTITUTE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CARO |
| ReturnHeader/Filer/EIN | 0 | 561341886 |
| ReturnHeader/Filer/PhoneNum | 0 | 9197824411 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 7300 GLENWOOD AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27612 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 561131459 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Stancil PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4909 Windy Hill Drive |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Raleigh |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27609 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9198721260 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-05 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Nicholas Lombardi Jr |
| ReturnHeader/ReturnTs | 0 | 2025-08-12T12:33:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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