Civic Intelligence

Nussbaum Center for Entrepreneurship Inc.

990 • Fiscal year 2013 • EIN 56-1577495

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

Organization ProfileWWW.NUSSBAUMCFE.COM
1451 S Elm-eugene Street Box 35Suite27406

(336) 379-5001

Siviq Scores

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

Liabilities / Assets

11th percentile

0.01x

Higher debt load relative to assets than 11% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

10th percentile

0.02x

Higher debt load relative to revenue than 10% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

19th percentile

$69,291

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Asset Growth

94th percentile

44%

Faster asset growth than 94% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

100th percentile

2324%

Faster revenue growth than 100% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets11th percentile

Assets

Up

$12,704,010

Up $3,896,257 (+44%) from 2012

Net Assets

Up

$12,609,205

Up $5,271,708 (+72%) from 2012

Liabilities

Down

$94,805

Down $1,375,451 (-94%) from 2012

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin99th percentile

Revenue

Up

$5,423,425

Up $5,199,719 (+2324%) from 2012

Expenses

Down

$151,717

Down $313,868 (-67%) from 2012

Net Income

Up

$5,271,708

Up $5,513,587 (+2279%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$15M$10M$5.0M$0Assets 2010: $6,252,853Liabilities 2010: $227,872Net Assets 2010: $6,024,9812010Assets 2011: $8,991,804Liabilities 2011: $1,412,428Net Assets 2011: $7,579,3762011Assets 2012: $8,807,753Liabilities 2012: $1,470,256Net Assets 2012: $7,337,4972012Assets 2013: $12,704,010Liabilities 2013: $94,805Net Assets 2013: $12,609,2052013Assets 2014: $12,298,504Liabilities 2014: $103,572Net Assets 2014: $12,194,9322014Assets 2015: $11,819,164Liabilities 2015: $113,586Net Assets 2015: $11,705,5782015Assets 2016: $11,463,332Liabilities 2016: $198,829Net Assets 2016: $11,264,5032016Assets 2017: $11,066,467Liabilities 2017: $109,765Net Assets 2017: $10,956,7022017Assets 2018: $5,891,747Liabilities 2018: $94,465Net Assets 2018: $5,797,2822018Assets 2019: $5,702,157Liabilities 2019: $136,952Net Assets 2019: $5,565,2052019Assets 2020: $5,072,703Liabilities 2020: $141,284Net Assets 2020: $4,931,4192020Assets 2021: $5,252,016Liabilities 2021: $71,604Net Assets 2021: $5,180,4122021Assets 2022: $7,131,350Liabilities 2022: $2,076,920Net Assets 2022: $5,054,4302022Assets 2023: $8,035,969Liabilities 2023: $2,877,239Net Assets 2023: $5,158,7302023Assets 2024: $12,658,905Liabilities 2024: $2,963,040Net Assets 2024: $9,695,8652024

Highlighted filing

2013

Assets$12,704,010
Liabilities$94,805
Net Assets$12,609,205
Open 2013 Filing

Operations Trend

Revenue Growth100th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $433,206Expenses 2010: $712,449Net Income 2010: -$279,2432010Revenue 2011: $2,262,932Expenses 2011: $708,537Net Income 2011: $1,554,3952011Revenue 2012: $223,706Expenses 2012: $465,585Net Income 2012: -$241,8792012Revenue 2013: $5,423,425Expenses 2013: $151,717Net Income 2013: $5,271,7082013Revenue 2014: $679,176Expenses 2014: $1,093,449Net Income 2014: -$414,2732014Revenue 2015: $635,203Expenses 2015: $1,124,557Net Income 2015: -$489,3542015Revenue 2016: $794,319Expenses 2016: $1,235,394Net Income 2016: -$441,0752016Revenue 2017: $1,009,643Expenses 2017: $1,317,444Net Income 2017: -$307,8012017Revenue 2018: $3,685,211Expenses 2018: $1,253,923Net Income 2018: $2,431,2882018Revenue 2019: $729,539Expenses 2019: $961,611Net Income 2019: -$232,0722019Revenue 2020: $796,478Expenses 2020: $880,264Net Income 2020: -$83,7862020Revenue 2021: $1,124,383Expenses 2021: $861,482Net Income 2021: $262,9012021Revenue 2022: $738,990Expenses 2022: $862,456Net Income 2022: -$123,4662022Revenue 2023: $1,232,525Expenses 2023: $1,127,585Net Income 2023: $104,9402023Revenue 2024: $7,416,594Expenses 2024: $1,253,718Net Income 2024: $6,162,8762024

Highlighted filing

2013

Revenue$5,423,425
Expenses$151,717
Net Income$5,271,708
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$5,423,425
Mission and Program Overview

Mission

Further economic development and social welfare in the city of greensboro and surrounding areas with emphasis on promoting and assisting the growth and development of small businesses.

Further economic development and social welfare in greensboro and surrounding areas with emphasis on promoting and assisting the growth and development of small businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$8,730,800$8,730,800→ $0
Land, Buildings, and Equipment, Net$4,733$4,432,844▲ $4,428,111
Accounts Receivable$2,173$137,555▲ $135,382
Cash and Non-Interest-Bearing Accounts$179,813$17,495▼ $162,318
Savings and Temporary Cash Investments$164$165▲ $1
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$8,807,753$12,704,010▲ $3,896,257
Other Assets Total$-109,930$-614,849▼ $504,919
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,350,000$75,000▼ $1,275,000
Accounts Payable and Accrued Expenses$120,256$19,805▼ $100,451
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,470,256$94,805▼ $1,375,451
Net Assets / Fund Balance
Unrestricted Net Assets$7,337,497$12,609,205▲ $5,271,708
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$7,337,497$12,609,205▲ $5,271,708
Total Liabilities and Net Assets / Fund Balance$8,807,753$12,704,010▲ $3,896,257

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,982,844$9,221$1,992,065
Buildings$1,938,172$0$1,938,172
Land$511,828-$511,828
Compensation and Service Providers
Top Officer Pay19th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sam FunchessPresidentFT$56,750$12,541$69,291

Board Members and Trustees

NameTitle
Charles E Melvin JrBoard Chairman
Pam CashBoard Vice Chairman
Charles P YounceBoard Member
David SarBoard Member
Gregory ChabonBoard Member
John Benjamin Brown JrBoard Member
John MerrillBoard Member
Judy MillerBoard Member
Kathy ElliottBoard Member
Laura BusseBoard Member
Leroy StokesBoard Member
Neil KayeBoard Member
Vic CochranBoard Secretary
Johnny WoodBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,761,685
Program Service Revenue
$48,819
Investment Income
$-389,932
Other Revenue
$2,853
All Other Contributions
$4,454,442
Change in Net Assets
$5,271,708

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$4,430,000Appraisal
Total Noncash Contributions1$4,430,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$126,815
Other Expenses$24,902
Total Fundraising Expense$4,251
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$51,968$13,858$3,465$69,291
Other Salaries and Wages$23,675$23,030$470$47,175
Payroll Taxes$5,054$2,630$253$7,937
Fees for Services Accounting-$6,500-$6,500
Occupancy$3,237$1-$3,238
Office Expenses$2,674$196-$2,870
Other Employee Benefits$707$1,705-$2,412
Other Expenses$2,389$2,794-$2,389
Depreciation Depletion$1,872$17-$1,889
Fees for Services Other$1,219$595$63$1,877
Travel$175$9-$184
Total Functional Expenses$96,131$51,335$4,251$151,717
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, SECTION B, LINE 11B

“The president, sam funchess, reviewed the form 990 prior to filing.”

PART VI, SECTION B, LINE 12C

“The president, sam funchess, monitors the policy and any conflicts are brought to the attention of the board of directors.”

PART VI, SECTION B, LINE 15A

“The board of directors determines the compensation of the president, sam funchess.”

Part VI, Schedule C, Line 19

“The organization makes its documents available to the public upon request.”

Filing and Contact Details

Filer

EIN
56-1577495
In Care Of
% SAM FUNCHESS
Phone
3363795001

Signing Officer

Name
Sam Funchess
Title
President
Phone
3362743700
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Funchess
Formed
1987
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
0

Preparer

Preparer
John E Kean
Phone
3362743700
Raw XML AppendixShowing 400 of 613 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0120256
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019805
IRS990/AccountsReceivableGrp/BOYAmt02173
IRS990/AccountsReceivableGrp/EOYAmt0137555
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FURTHER ECONOMIC DEVELOPMENT AND SOCIAL WELFARE IN GREENSBORO AND SURROUNDING AREAS WITH EMPHASIS ON PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt04454442
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SAM FUNCHESS
IRS990/BooksInCareOfDetail/PhoneNum03363795001
IRS990/BooksInCareOfDetail/USAddress/AddressLine101451 S ELM-EUGENE STREET BOX 35
IRS990/BooksInCareOfDetail/USAddress/City0GREENSBORO
IRS990/BooksInCareOfDetail/USAddress/State0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCode027406
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0179813
IRS990/CashNonInterestBearingGrp/EOYAmt017495
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03465
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt013858
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt051968
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt069291
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05761685
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-389932
IRS990/CYOtherExpensesAmt024902
IRS990/CYOtherRevenueAmt02853
IRS990/CYProgramServiceRevenueAmt048819
IRS990/CYRevenuesLessExpensesAmt05271708
IRS990/CYSalariesCompEmpBnftPaidAmt0126815
IRS990/CYTotalExpensesAmt0151717
IRS990/CYTotalFundraisingExpenseAmt04251
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05423425
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt017
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01872
IRS990/DepreciationDepletionGrp/TotalAmt01889
IRS990/Desc0OPERATES AN INCUBATOR FACILITY TO ASSIST NON-RETAIL EMERGING AND START-UP ENTERPRISES BY PROVIDING LOW COST, FURNISHED OFFICE AND LIGHT MANUFACTURING SPACE ALONG WITH SHARED SUPPORT SERVICES INCLUDING RECEPTIONIST, CONSULTING, AND SECRETARIAL SERVICES. BY ASSISTING THESE NEW BUSINESSES IN BECOMING SUCCESSFUL ENTITIES, THE CENTER OFFERS ENHANCED EMPLOYMENT OPPORTUNITES AND OTHER ECONOMIC BENEFITS TO THE GREATER GREENSBORO AREA.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt096131
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06500
IRS990/FeesForServicesAccountingGrp/TotalAmt06500
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/FundraisingAmt063
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0595
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01219
IRS990/FeesForServicesOtherGrp/TotalAmt01877
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1412541
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES P YOUNCE
IRS990/Form990PartVIISectionAGrp/PersonNm1GREGORY CHABON
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN BENJAMIN BROWN JR
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHY ELLIOTT
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLES E MELVIN JR
IRS990/Form990PartVIISectionAGrp/PersonNm5LEROY STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm6NEIL KAYE
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID SAR
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN MERRILL
IRS990/Form990PartVIISectionAGrp/PersonNm9JUDY MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm10PAM CASH
IRS990/Form990PartVIISectionAGrp/PersonNm11JOHNNY WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm12VIC COCHRAN
IRS990/Form990PartVIISectionAGrp/PersonNm13LAURA BUSSE
IRS990/Form990PartVIISectionAGrp/PersonNm14SAM FUNCHESS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1456750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt01307243
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05423425
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0114987
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0-504919
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0-389932
IRS990/InvestmentInJointVentureInd0true
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09221
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04733
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04432844
IRS990/LandBldgEquipCostOrOtherBssAmt04442065
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FURTHER ECONOMIC DEVELOPMENT AND SOCIAL WELFARE IN THE CITY OF GREENSBORO AND SURROUNDING AREAS WITH EMPHASIS ON PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01350000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt075000
IRS990/NetAssetsOrFundBalancesBOYAmt07337497
IRS990/NetAssetsOrFundBalancesEOYAmt012609205
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoncashContributionsAmt04430000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01
IRS990/OccupancyGrp/ProgramServicesAmt03237
IRS990/OccupancyGrp/TotalAmt03238
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0196
IRS990/OfficeExpensesGrp/ProgramServicesAmt02674
IRS990/OfficeExpensesGrp/TotalAmt02870
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0-109930
IRS990/OtherAssetsTotalGrp/EOYAmt0-614849
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01705
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0707
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02412
IRS990/OtherExpensesGrp/Desc0NEW FACILITY EXPENSES
IRS990/OtherExpensesGrp/Desc1VENDING EXPENSE
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL TRAINING PROGRAMS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02794
IRS990/OtherExpensesGrp/ProgramServicesAmt03161
IRS990/OtherExpensesGrp/ProgramServicesAmt12389
IRS990/OtherExpensesGrp/TotalAmt03161
IRS990/OtherExpensesGrp/TotalAmt12794
IRS990/OtherExpensesGrp/TotalAmt22389
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0VENDING MACHINE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02603
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02603
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1250
IRS990/OtherRevenueTotalAmt02853
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0470
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023030
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt023675
IRS990/OtherSalariesAndWagesGrp/TotalAmt047175
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt08730800
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08730800
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0253
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02630
IRS990/PayrollTaxesGrp/ProgramServicesAmt05054
IRS990/PayrollTaxesGrp/TotalAmt07937
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0SAM FUNCHESS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1CONSULTING INCOME
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06337
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137683
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24799
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06337
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137683
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24799
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt062317
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-204958
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0313806
IRS990/PYOtherRevenueAmt0159880
IRS990/PYProgramServiceRevenueAmt0206467
IRS990/PYRevenuesLessExpensesAmt0-241879
IRS990/PYSalariesCompEmpBnftPaidAmt0151779
IRS990/PYTotalExpensesAmt0465585
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0223706
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05271708
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt048819
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0164
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0165
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05761685
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt062317
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0206800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05716389
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011757191
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0114987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0124574
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0496
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03625
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0243845
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt048819
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0206467
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0465993
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0421062
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0495833
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01638174

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,704,010
Liabilities
$94,805
Net assets
$12,609,205
Revenue
$5,423,425
Expenses
$151,717
Net income
$5,271,708
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.7$2.96$9.70$7.42$1.25$6.16
2023Detailed filing. Detailed filing data is available for this year.$8.04$2.88$5.16$1.23$1.13$0.10
2022Detailed filing. Detailed filing data is available for this year.$7.13$2.08$5.05$0.74$0.86$0.12
2021Detailed filing. Detailed filing data is available for this year.$5.25$0.07$5.18$1.12$0.86$0.26
2020Detailed filing. Detailed filing data is available for this year.$5.07$0.14$4.93$0.80$0.88$0.08
2019Detailed filing. Detailed filing data is available for this year.$5.70$0.14$5.57$0.73$0.96$0.23
2018Detailed filing. Detailed filing data is available for this year.$5.89$0.09$5.80$3.69$1.25$2.43
2017Detailed filing. Detailed filing data is available for this year.$11.1$0.11$11.0$1.01$1.32$0.31
2016Detailed filing. Detailed filing data is available for this year.$11.5$0.20$11.3$0.79$1.24$0.44
2015Detailed filing. Detailed filing data is available for this year.$11.8$0.11$11.7$0.64$1.12$0.49
2014Detailed filing. Detailed filing data is available for this year.$12.3$0.10$12.2$0.68$1.09$0.41
2013Detailed filing. Detailed filing data is available for this year.$12.7$0.09$12.6$5.42$0.15$5.27
2012Summary only. Only limited summary data is available for this year.$8.81$1.47$7.34$0.22$0.47$0.24
2011Summary only. Only limited summary data is available for this year.$8.99$1.41$7.58$2.26$0.71$1.55
2010Summary only. Only limited summary data is available for this year.$6.25$0.23$6.02$0.43$0.71$0.28