Civic Intelligence

Triangle South Literacy Works Inc.

990EZ • Fiscal year 2017 • EIN 56-1626281

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 12, 2018

600 South Magnolia AveDunn, NC 28334

(910) 891-4111

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.09x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.02x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

2017 filings • NTEE B60 • <$500k nonprofits • Source year 2017

Top Officer Pay

90th percentile

$23,846

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 49.7% of source-year revenue.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-40%

Faster asset growth than 10% of similar nonprofits.

2017 filings • NTEE B60 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-5.5%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • NTEE B60 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$12,356

Down $8,380 (-40%) from 2016

Net Assets

Down

$11,280

Down $8,137 (-42%) from 2016

Liabilities

Down

$1,076

Down $243 (-18%) from 2016

Revenue

Down

$48,006

Down $2,785 (-5.5%) from 2016

Expenses

Up

$56,142

Up $5,092 (+10.0%) from 2016

Net Income

Down

-$8,136

Down $7,877 (-3041%) from 2016

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2012: $19,279Liabilities 2012: $8432012Assets 2013: $21,414Liabilities 2013: $9672013Assets 2014: $25,835Liabilities 2014: $1,173Net Assets 2014: $24,6622014Assets 2015: $20,879Liabilities 2015: $1,2012015Assets 2016: $20,736Liabilities 2016: $1,319Net Assets 2016: $19,4172016Assets 2017: $12,356Liabilities 2017: $1,076Net Assets 2017: $11,2802017Assets 2018: $12,289Liabilities 2018: $1,795Net Assets 2018: $10,4942018Assets 2019: $132Liabilities 2019: $2,706Net Assets 2019: -$2,5742019Assets 2020: $1,832Liabilities 2020: $6,349Net Assets 2020: -$4,5172020Assets 2021: $19,573Liabilities 2021: $5,807Net Assets 2021: $13,7662021Assets 2022: $3,452Liabilities 2022: $2,862Net Assets 2022: $5902022Assets 2023: $13,374Liabilities 2023: $2,318Net Assets 2023: $11,0562023Assets 2024: $17,012Liabilities 2024: $2,887Net Assets 2024: $14,1252024

Highlighted filing

2017

Assets$12,356
Liabilities$1,076
Net Assets$11,280

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2012: $49,996Expenses 2012: $55,772Net Income 2012: -$5,7762012Revenue 2013: $38,626Expenses 2013: $36,615Net Income 2013: $2,0112013Revenue 2014: $45,878Expenses 2014: $41,664Net Income 2014: $4,2142014Revenue 2015: $38,585Expenses 2015: $43,569Net Income 2015: -$4,9842015Revenue 2016: $50,791Expenses 2016: $51,050Net Income 2016: -$2592016Revenue 2017: $48,006Expenses 2017: $56,142Net Income 2017: -$8,1362017Revenue 2018: $52,153Expenses 2018: $52,939Net Income 2018: -$7862018Revenue 2019: $51,657Expenses 2019: $64,725Net Income 2019: -$13,0682019Revenue 2020: $21,024Expenses 2020: $22,965Net Income 2020: -$1,9412020Revenue 2021: $63,968Expenses 2021: $43,965Net Income 2021: $20,0032021Revenue 2022: $28,702Expenses 2022: $41,878Net Income 2022: -$13,1762022Revenue 2023: $52,847Expenses 2023: $42,381Net Income 2023: $10,4662023Revenue 2024: $36,946Expenses 2024: $33,877Net Income 2024: $3,0692024

Highlighted filing

2017

Revenue$48,006
Expenses$56,142
Net Income-$8,136
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 12, 2018
Return Version
2016v3.1
Gross Receipts
$48,218
Mission and Program Overview

Mission

Adult literacy and language instruction

Program Services

DescriptionGrantsExpenses
ADULT LITERACY CLASSES - TRAINED TUTORS PROVIDE READING AND WRITING INSTRUCTION AND OTHER RESOURCES INCLUDING INSTRUCTION AND MATERIALS TO ADULT BASIC EDUCATION STUDENTS.-$56,142
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHARON SYCKExec Director-$23,846-$23,846
CLAUDIA FARRPresident-$0--
FRANKIE MOODYVice Preside-$0--
GEORGE B WILLIAMSDirector-$0--
TABATHA MARTINTreasurer-$0--
BARBARA CROWLEYSecretary-$0--
MARY MUNGODirector-$0--
NINA FAISONDirector-$0--
MATTHEW T BEASLEYDirector-$0--
KAREN T BLACKMONDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Triangle South Literacy Works Inc
EIN
56-1626281
Phone
9108914111
Address
600 SOUTH MAGNOLIA AVE, DUNN, NC 28334

Signing Officer

Name
Barbara Crowley
Title
Secretary
Phone
9108914111
Signed
2018-02-12
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

BOOKS 40 TOTAL 40

Form 990-ez, Part I, Line 16

Expenses advertising/website 1,251 office expense 2,245 instructional materials 1,465 dues & subscriptions 609 workshops, training, travel 3,332 insurance 465 nc secretary of state 50 total 9,417

Form 990-ez, Part II, Line 26

Payroll taxes withheld 1,319 1,076

Form 990-ez, Part III, Line 28

Adult literacy classes - trained tutors provide reading and writing instruction and other resources including instruction and materials to adult basic education students.

Raw XML Appendix169 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXEC DIR.
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOOKS 40 TOTAL 40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING/WEBSITE 1,251 OFFICE EXPENSE 2,245 INSTRUCTIONAL MATERIALS 1,465 DUES & SUBSCRIPTIONS 609 WORKSHOPS, TRAINING, TRAVEL 3,332 INSURANCE 465 NC SECRETARY OF STATE 50 TOTAL 9,417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES WITHHELD 1,319 1,076
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADULT LITERACY CLASSES - TRAINED TUTORS PROVIDE READING AND WRITING INSTRUCTION AND OTHER RESOURCES INCLUDING INSTRUCTION AND MATERIALS TO ADULT BASIC EDUCATION STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBARA CROWLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09108914111
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRIANGLE SOUTH LITERACY WORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIA
ReturnHeader/Filer/EIN0561626281
ReturnHeader/Filer/PhoneNum09108914111
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 SOUTH MAGNOLIA AVE
ReturnHeader/Filer/USAddress/CityNm0DUNN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028334
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A43AD02CBAA59DB2CCAA6393897290132F779416
ReturnHeader/ReturnTs02018-05-11T13:30:09-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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Filings