Civic Intelligence

Black Child Development Institute of Greensboro Incorporated

990 • Fiscal year 2021 • EIN 56-1524964

Jul 01, 2020 to Jun 30, 2021 • Filed on May 12, 2022

415 N Edgeworth St 230Greensboro, NC 27401

(336) 230-2138

Siviq Scores

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

Liabilities / Assets

66th percentile

0.19x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • NTEE P • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.06x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • NTEE P • $500k-$1M nonprofits • Source year 2021

Net Margin

36th percentile

5.5%

Higher net margin than 36% of similar nonprofits.

2021 filings • NTEE P • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

80th percentile

$82,166

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2021 filings • NTEE P • $500k-$1M nonprofits • Source year 2021

Asset Growth

65th percentile

28%

Faster asset growth than 65% of similar nonprofits.

2021 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

36%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$318,465

Up $69,018 (+28%) from 2020

Net Assets

Up

$257,893

Up $56,830 (+28%) from 2020

Liabilities

Up

$60,572

Up $12,188 (+25%) from 2020

Revenue

Up

$934,105

Up $244,732 (+36%) from 2020

Expenses

Up

$883,176

Up $169,283 (+24%) from 2020

Net Income

Up

$50,929

Up $75,449 (+308%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $274,412Liabilities 2011: $20,455Net Assets 2011: $253,9572011Assets 2012: $216,064Liabilities 2012: $52,900Net Assets 2012: $163,1642012Assets 2013: $201,627Liabilities 2013: $48,779Net Assets 2013: $152,8482013Assets 2014: $232,022Liabilities 2014: $70,773Net Assets 2014: $161,2492014Assets 2015: $456,745Liabilities 2015: $43,699Net Assets 2015: $413,0462015Assets 2016: $254,473Liabilities 2016: $30,114Net Assets 2016: $224,3592016Assets 2017: $184,526Liabilities 2017: $26,404Net Assets 2017: $158,1222017Assets 2018: $180,311Liabilities 2018: $27,345Net Assets 2018: $152,9662018Assets 2019: $258,534Liabilities 2019: $31,715Net Assets 2019: $226,8192019Assets 2020: $249,447Liabilities 2020: $48,384Net Assets 2020: $201,0632020Assets 2021: $318,465Liabilities 2021: $60,572Net Assets 2021: $257,8932021Assets 2022: $275,934Liabilities 2022: $69,317Net Assets 2022: $206,6172022Assets 2023: $277,334Liabilities 2023: $61,227Net Assets 2023: $216,1072023Assets 2024: $264,002Liabilities 2024: $46,488Net Assets 2024: $217,5142024

Highlighted filing

2021

Assets$318,465
Liabilities$60,572
Net Assets$257,893

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $661,401Expenses 2011: $578,484Net Income 2011: $82,9172011Revenue 2012: $508,692Expenses 2012: $598,290Net Income 2012: -$89,5982012Revenue 2013: $487,777Expenses 2013: $500,295Net Income 2013: -$12,5182013Revenue 2014: $486,385Expenses 2014: $481,412Net Income 2014: $4,9732014Revenue 2015: $856,438Expenses 2015: $604,412Net Income 2015: $252,0262015Revenue 2016: $396,165Expenses 2016: $583,182Net Income 2016: -$187,0172016Revenue 2017: $438,311Expenses 2017: $507,397Net Income 2017: -$69,0862017Revenue 2018: $498,653Expenses 2018: $505,005Net Income 2018: -$6,3522018Revenue 2019: $691,151Expenses 2019: $617,373Net Income 2019: $73,7782019Revenue 2020: $689,373Expenses 2020: $713,893Net Income 2020: -$24,5202020Revenue 2021: $934,105Expenses 2021: $883,176Net Income 2021: $50,9292021Revenue 2022: $901,489Expenses 2022: $948,262Net Income 2022: -$46,7732022Revenue 2023: $1,136,531Expenses 2023: $1,129,505Net Income 2023: $7,0262023Revenue 2024: $830,735Expenses 2024: $831,854Net Income 2024: -$1,1192024

Highlighted filing

2021

Revenue$934,105
Expenses$883,176
Net Income$50,929
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.0
Gross Receipts
$934,105
Mission and Program Overview

Mission

Dedicated volunteers who help educate their communities about national, state or local issues facing children and specifically, African American children. Provide direct services to children and youth as well as serves as an advocate for their concerns in public policy forums.

Provides direct services to children and youth and serves as an advocate for their concerns in public policy forums. Educates community about issues facing African-American and other children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$60,538$103,280▲ $42,742
Pledges and Grants Receivable$101,322$73,214▼ $28,108
Accounts Receivable$10,236$70,627▲ $60,391
Land, Buildings, and Equipment, Net$2,004$22,175▲ $20,171
Prepaid Expenses and Deferred Charges$5,861$15,147▲ $9,286
Cash and Non-Interest-Bearing Accounts$45,462$4,578▼ $40,884
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$249,447$318,465▲ $69,018
Other Assets Total$24,024$29,444▲ $5,420
Liabilities
Accounts Payable and Accrued Expenses$23,347$43,072▲ $19,725
Other Liabilities$25,037$17,500▼ $7,537
Total Liabilities$48,384$60,572▲ $12,188
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,495$141,458▲ $103,963
Net Assets With Donor Restrictions$163,568$116,435▼ $47,133
Total Net Assets Fund Balance$201,063$257,893▲ $56,830
Total Liabilities and Net Assets / Fund Balance$249,447$318,465▲ $69,018

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,175$30,989$53,164
Other Assets Org$1,723--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$22,768-▲ $6,378$947$27,721
2019$23,806$53▼ $642-$22,768
2018$24,461-▲ $725$927$23,806
2017$24,026-▲ $1,814$924$24,461
2016$22,053-▲ $3,360$944$24,026
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen ThompsonExecutive DirectorFT$72,371$9,795$82,166
Revenue and Support

Revenue Composition

Contributions and Grants
$933,644
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$461
All Other Contributions
$183,135
Change in Net Assets
$50,929

Audited Revenue Reconciliation

Revenue per Audited Statements
$934,105
Revenue Not Reported on Form 990
$5,901
Total Revenue per Audited Statements
$940,006
Total Revenue per Form 990
$934,105
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$665,599
Other Expenses$217,577
Total Fundraising Expense$23,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$462,066$27,990$13,995$504,051
Current Officers, Directors, Trustees, and Key Employees$83,657$5,067$2,534$91,258
Occupancy$45,401$2,750$1,375$49,526
Payroll Taxes$40,171$2,433$1,217$43,821
Other Employee Benefits$24,264$1,470$735$26,469
Office Expenses$17,840$1,081$540$19,461
Insurance$10,318$625$313$11,256
Fees for Services Accounting$1,690$9,365-$11,055
Travel$6,031$365$183$6,579
Other Expenses$5,050$394$197$5,050
Depreciation Depletion$3,656$222$111$3,989
All Other Expenses$3,417$207$104$3,728
Fees for Services Other$3,020--$3,020
Conferences and Meetings$2,608$158$79$2,845
Total Functional Expenses$801,839$57,345$23,992$883,176

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$883,176
Total Expenses per Audited Statements$883,176
Total Expenses per Form 990$883,176
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable advance$15,243
Other liabilities$2,257
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 form is submitted to the Finance Committee for review. Upon review, a copy of the 990 is submitted to the members of the Board of Directors.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annually, the Board of Directors reviews the conflict of interest policy as a part of the Organization's county contract.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Black Child Development
EIN
56-1524964
Phone
3362302138
Address
415 N Edgeworth St 230, Greensboro, NC 27401

Signing Officer

Name
Dana Brooks Valdes
Title
Treasurer
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Thompson
Voting Board Members
15
Independent Board Members
15
Employees
69

Preparer

Firm
Apple Koceja & Associates CPAS PA
Address
445 Dolley Madison Road Ste 202, Greensboro, NC 27410
Preparer
Jonathan L Apple CPA
Phone
3368348696
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Income from endowment fund can be used for operations of the Organization.

Part X : FIN48 Footnote

The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code except on net income derived from unrelated business activities. The Organization has evaluated all tax positions to identify any that might be uncertain. No material uncertain tax positions were identified for the year ended June 30,2021. Accordingly, no provision for income taxes has been recorded in the financial statements.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Leadership Rep
IRS990/Form990PartVIISectionAGrp/TitleTxt13President
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0934105
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IRS990/InsuranceGrp/FundraisingAmt0313
IRS990/InsuranceGrp/ManagementAndGeneralAmt0625
IRS990/InsuranceGrp/ProgramServicesAmt010318
IRS990/InsuranceGrp/TotalAmt011256
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
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IRS990/LandBldgEquipCostOrOtherBssAmt053164
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Provides direct services to children and youth and serves as an advocate for their concerns in public policy forums. Educates community about issues facing African-American and other children.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesBOYAmt0201063
IRS990/NetAssetsOrFundBalancesEOYAmt0257893
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/FundraisingAmt01375
IRS990/OccupancyGrp/ManagementAndGeneralAmt02750
IRS990/OccupancyGrp/ProgramServicesAmt045401
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IRS990/OfficeExpensesGrp/FundraisingAmt0540
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01081
IRS990/OfficeExpensesGrp/ProgramServicesAmt017840
IRS990/OfficeExpensesGrp/TotalAmt019461
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024024
IRS990/OtherAssetsTotalGrp/EOYAmt029444
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0735
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01470
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt026469
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/Desc3Program Expenditures
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IRS990/OtherExpensesGrp/FundraisingAmt1234
IRS990/OtherExpensesGrp/FundraisingAmt2197
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04751
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1467
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2394
IRS990/OtherExpensesGrp/ProgramServicesAmt078426
IRS990/OtherExpensesGrp/ProgramServicesAmt17713
IRS990/OtherExpensesGrp/ProgramServicesAmt26511
IRS990/OtherExpensesGrp/ProgramServicesAmt35050
IRS990/OtherExpensesGrp/TotalAmt085552
IRS990/OtherExpensesGrp/TotalAmt18414
IRS990/OtherExpensesGrp/TotalAmt27102
IRS990/OtherExpensesGrp/TotalAmt35050
IRS990/OtherLiabilitiesGrp/BOYAmt025037
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IRS990/OtherRevenueTotalAmt0461
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt013995
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027990
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0462066
IRS990/OtherSalariesAndWagesGrp/TotalAmt0504051
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01217
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02433
IRS990/PayrollTaxesGrp/ProgramServicesAmt040171
IRS990/PayrollTaxesGrp/TotalAmt043821
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0101322
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt073214
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05861
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015147
IRS990/PrincipalOfficerNm0Karen Thompson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0690821
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0149
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0175076
IRS990/PYOtherRevenueAmt0-2456
IRS990/PYProgramServiceRevenueAmt0859
IRS990/PYRevenuesLessExpensesAmt0-24520
IRS990/PYSalariesCompEmpBnftPaidAmt0538817
IRS990/PYTotalExpensesAmt0713893
IRS990/PYTotalRevenueAmt0689373
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt050929
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060538
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0933644
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0690821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0684194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0476928
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0399523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03185110
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0149
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt068

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.05$0.22$0.83$0.83$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.28$0.06$0.22$1.14$1.13$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.28$0.07$0.21$0.90$0.95$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.26$0.93$0.88$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.25$0.05$0.20$0.69$0.71$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.23$0.69$0.62$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.03$0.15$0.50$0.51$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.03$0.16$0.44$0.51$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.03$0.22$0.40$0.58$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.04$0.41$0.86$0.60$0.25
2014Summary only. Only limited summary data is available for this year.$0.23$0.07$0.16$0.49$0.48$0.00
2013Summary only. Only limited summary data is available for this year.$0.20$0.05$0.15$0.49$0.50$0.01
2012Summary only. Only limited summary data is available for this year.$0.22$0.05$0.16$0.51$0.60$0.09
2011Summary only. Only limited summary data is available for this year.$0.27$0.02$0.25$0.66$0.58$0.08