Civic Intelligence

Ocracoke CIVIC and Business

EIN 56-1457493 • 501(c)4 • Ocracoke, NC

Profile

Tourism promotion & community services for ocracoke island, nc.

PO Box 456Ocracoke, NC 27960

www.visitocracokenc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.00x

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

NTEE S30 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

53rd percentile

0.00x

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

NTEE S30 • <$500k nonprofits • Source year 2025

Net Margin

63rd percentile

19%

Higher net margin than 63% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

NTEE S30 • <$500k nonprofits • Source year 2025

Asset Growth

40th percentile

-7.6%

Faster asset growth than 40% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

28th percentile

-35%

Faster revenue growth than 28% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$348,129

Down $28,463 (-7.6%) from 2024

Liabilities

Down

$0

Down $70,144 (-100%) from 2024

Net Assets

Up

$348,129

Up $41,681 (+14%) from 2024

Revenue

Down

$222,581

Down $118,841 (-35%) from 2024

Expenses

Up

$180,900

Up $72,476 (+67%) from 2024

Net Income

Down

$41,681

Down $191,317 (-82%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $64,700Liabilities 2011: $4172011Assets 2012: $75,146Liabilities 2012: $02012Assets 2013: $90,009Liabilities 2013: $02013Assets 2014: $55,008Liabilities 2014: $02014Assets 2016: $62,975Liabilities 2016: $02016Assets 2017: $114,799Net Assets 2017: $114,7992017Assets 2018: $355,561Liabilities 2018: $29,019Net Assets 2018: $326,5422018Assets 2019: $101,475Liabilities 2019: $3,942Net Assets 2019: $97,5332019Assets 2020: $81,996Liabilities 2020: $2,107Net Assets 2020: $79,8892020Assets 2021: $71,965Liabilities 2021: $150Net Assets 2021: $71,8152021Assets 2022: $75,516Net Assets 2022: $75,5162022Assets 2023: $73,450Net Assets 2023: $73,4502023Assets 2024: $376,592Liabilities 2024: $70,144Net Assets 2024: $306,4482024Assets 2025: $348,129Liabilities 2025: $0Net Assets 2025: $348,1292025

Highlighted filing

2025

Assets$348,129
Liabilities$0
Net Assets$348,129

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200K-$400KRevenue 2011: $14,483Expenses 2011: $40,447Net Income 2011: -$25,9642011Revenue 2012: $59,887Expenses 2012: $48,954Net Income 2012: $10,9332012Revenue 2013: $46,057Expenses 2013: $31,194Net Income 2013: $14,8632013Revenue 2014: $34,828Expenses 2014: $54,587Net Income 2014: -$19,7592014Revenue 2016: $57,441Expenses 2016: $49,139Net Income 2016: $8,3022016Revenue 2017: $195,758Expenses 2017: $143,934Net Income 2017: $51,8242017Revenue 2018: $500,673Expenses 2018: $288,930Net Income 2018: $211,7432018Revenue 2019: $167,493Expenses 2019: $396,502Net Income 2019: -$229,0092019Revenue 2020: $241,725Expenses 2020: $259,369Net Income 2020: -$17,6442020Revenue 2021: $35,786Expenses 2021: $43,860Net Income 2021: -$8,0742021Revenue 2022: $101,026Expenses 2022: $97,325Net Income 2022: $3,7012022Revenue 2023: $139,142Expenses 2023: $141,208Net Income 2023: -$2,0662023Revenue 2024: $341,422Expenses 2024: $108,424Net Income 2024: $232,9982024Revenue 2025: $222,581Expenses 2025: $180,900Net Income 2025: $41,6812025

Highlighted filing

2025

Revenue$222,581
Expenses$180,900
Net Income$41,681

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$0.00$3.48$2.23$1.81$0.42
2024Detailed filing. Detailed filing data is available for this year.$3.77$0.70$3.06$3.41$1.08$2.33
2023Detailed filing. Detailed filing data is available for this year.$0.73$0.73$1.39$1.41$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.76$0.76$1.01$0.97$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.36$0.44$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.82$0.02$0.80$2.42$2.59$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.01$0.04$0.98$1.67$3.97$2.29
2018Detailed filing. Detailed filing data is available for this year.$3.56$0.29$3.27$5.01$2.89$2.12
2017Detailed filing. Detailed filing data is available for this year.$1.15$1.15$1.96$1.44$0.52
2016Summary only. Only limited summary data is available for this year.$0.63$0.00$0.57$0.49$0.08
2014Summary only. Only limited summary data is available for this year.$0.55$0.00$0.35$0.55$0.20
2013Summary only. Only limited summary data is available for this year.$0.90$0.00$0.46$0.31$0.15
2012Summary only. Only limited summary data is available for this year.$0.75$0.00$0.60$0.49$0.11
2011Summary only. Only limited summary data is available for this year.$0.65$0.00$0.14$0.40$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 22, 2025
Return Version
2024v5.0
Gross Receipts
$222,581
Mission and Program Overview

Mission

Tourism promotion & community services.

Tourism promotion & community services for ocracoke island, nc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$313,610$292,586▼ $21,024
Cash and Non-Interest-Bearing Accounts$61,808$27,390▼ $34,418
Prepaid Expenses and Deferred Charges$1,174$2,440▲ $1,266
Total Assets$376,592$348,129▼ $28,463
Other Assets Total-$25,713-
Liabilities
Accounts Payable and Accrued Expenses$70,144--
Total Liabilities$70,144$0▼ $70,144
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$306,448$348,129▲ $41,681
Total Net Assets Fund Balance$306,448$348,129▲ $41,681
Total Liabilities and Net Assets / Fund Balance$376,592$348,129▼ $28,463

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$292,586$22,776$315,362
Other Assets Org$25,713--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob ChestnutPresident
Jeremy ReynoldsMember
Margarita GonzalezMember
Connie LeinbachSecretary
Lynn MurphreeTreasurer
Angela ToddVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$209,506
Program Service Revenue
$13,069
Investment Income
$6
Other Revenue
$0
All Other Contributions
$12,368
Change in Net Assets
$41,681
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$179,360
Grants and Similar Amounts Paid$1,540
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$51,970$12,993-$64,963
Depreciation Depletion$21,024--$21,024
All Other Expenses$9,620--$9,620
Insurance$6,473$813-$7,286
Fees for Services Accounting$3,437$3,438-$6,875
Other Expenses$3,674--$3,674
Fees for Services Other$1,830--$1,830
Grants to Domestic Orgs$1,540--$1,540
Advertising$1,506--$1,506
Office Expenses$562$564-$1,126
Information Technology$714$17-$731
Fees for Services Management$420--$420
Conferences and Meetings$93$94-$187
Total Functional Expenses$162,981$17,919$0$180,900
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
No
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 6

Per the organization's by-laws, a person or business may make a contribution to the organization and become a voting contributor.

Form 990, Page 6, Part VI, Line 7A

The members of the governing board are elected by the contributors to the organization.

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

A copy of the tax return is provided to members of the board for their review and approval before it is filed.

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

Board members are asked to disclose any conflict of interest at the beginning of every meeting. Members are required to recuse themselves from voting on any matter for which they have a conflict. Failure to disclose and recuse from voting subjects the member to disciplinary action by the board.

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

The officers and directors of the organization are not compensated.

Form 990, Page 6, Part VI, Line 19

Available upoon request. The tax return may be found on various public web sites.

Filing and Contact Details

Filer

Filer Name
Ocracoke Civic and Business
EIN
56-1457493
Phone
2529210231
Address
PO BOX 456, OCRACOKE, NC 27960

Signing Officer

Name
Lynn Murphree
Title
Treasurer
Phone
2529210144
Signed
2025-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Chestnut
Legal Domicile
Nc
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
10

Preparer

Firm
Saunders Matthews & Pfitzner Pllc
Address
327 WEST 21ST STREET SUITE 203, NORFOLK, VA 23517
Preparer
Charles T Saunders CPA
Phone
7576257849
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The organization promotes tourism and local business promotion via website banners, social media banners, direct contact with visitors via email, newsletters, phone inquiries, press releases and website updates (ocracokeisland.net). In fy 2024/2025 numerous events were coordinated by the ocracoke civic and business association (ocba). These included july 4th fireworks and festivities, the annual pirate jamboree, community holiday 1ighting and an island wide yard sale. In fy 2024/2025, funding grants totaling 197,138 were received from the hyde county ocracoke occupancy tax board (otb) and the hyde county ocracoke township tourism development authority. These grants were used to fund the various events which were coordinated by the ocba and the operation of the ocracoke public restroom facility which is managed by the ocba.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROMOTES TOURISM AND LOCAL BUSINESS PROMOTION VIA WEBSITE BANNERS, SOCIAL MEDIA BANNERS, DIRECT CONTACT WITH VISITORS VIA EMAIL, NEWSLETTERS, PHONE INQUIRIES, PRESS RELEASES AND WEBSITE UPDATES (OCRACOKEISLAND.NET). IN FY 2024/2025 NUMEROUS EVENTS WERE COORDINATED BY THE OCRACOKE CIVIC AND BUSINESS ASSOCIATION (OCBA). THESE INCLUDED JULY 4TH FIREWORKS AND FESTIVITIES, THE ANNUAL PIRATE JAMBOREE, COMMUNITY HOLIDAY 1IGHTING AND AN ISLAND WIDE YARD SALE. IN FY 2024/2025, FUNDING GRANTS TOTALING 197,138 WERE RECEIVED FROM THE HYDE COUNTY OCRACOKE OCCUPANCY TAX BOARD (OTB) AND THE HYDE COUNTY OCRACOKE TOWNSHIP TOURISM DEVELOPMENT AUTHORITY. THESE GRANTS WERE USED TO FUND THE VARIOUS EVENTS WHICH WERE COORDINATED BY THE OCBA AND THE OPERATION OF THE OCRACOKE PUBLIC RESTROOM FACILITY WHICH IS MANAGED BY THE OCBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PER THE ORGANIZATION'S BY-LAWS, A PERSON OR BUSINESS MAY MAKE A CONTRIBUTION TO THE ORGANIZATION AND BECOME A VOTING CONTRIBUTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE GOVERNING BOARD ARE ELECTED BY THE CONTRIBUTORS TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE TAX RETURN IS PROVIDED TO MEMBERS OF THE BOARD FOR THEIR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICT OF INTEREST AT THE BEGINNING OF EVERY MEETING. MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM VOTING ON ANY MATTER FOR WHICH THEY HAVE A CONFLICT. FAILURE TO DISCLOSE AND RECUSE FROM VOTING SUBJECTS THE MEMBER TO DISCIPLINARY ACTION BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE NOT COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AVAILABLE UPOON REQUEST. THE TAX RETURN MAY BE FOUND ON VARIOUS PUBLIC WEB SITES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0180900
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IRS990/TotalVolunteersCnt010
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IRS990/WebsiteAddressTxt0WWW.OCRACOKEISLAND.NET
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LYNN MURPHREE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02529210144
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OCRACOKE CIVIC AND BUSINESS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0OCRA
ReturnHeader/Filer/EIN0561457493
ReturnHeader/Filer/PhoneNum02529210231
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 456
ReturnHeader/Filer/USAddress/CityNm0OCRACOKE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027960
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203700655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SAUNDERS MATTHEWS & PFITZNER PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0327 WEST 21ST STREET SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023517
ReturnHeader/PreparerPersonGrp/PhoneNum07576257849
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES T SAUNDERS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-24T09:43:18-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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