Civic Intelligence

Coats Area Chamber of Commerce

EIN 56-1652810 • 501(c)6 • Coats, NC

Profile

The chamber promotes growth for the town of coats

PO Box 667Coats, NC 27521

coatschamber.org

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.79x

Higher debt load relative to assets than 92% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

0.98x

Higher debt load relative to revenue than 96% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Net Margin

21st percentile

-16%

Higher net margin than 21% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

NTEE S41 • <$500k nonprofits • Source year 2024

Asset Growth

28th percentile

-12%

Faster asset growth than 28% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

19%

Faster revenue growth than 71% of similar nonprofits.

NTEE S41 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Down

$126,801

Down $18,049 (-12%) from 2023

Liabilities

Down

$100,206

Down $1,729 (-1.7%) from 2023

Net Assets

Down

$26,595

Down $16,320 (-38%) from 2023

Operations
Liabilities / Revenue96th percentileNet Margin21st percentile

Revenue

Up

$102,391

Up $16,488 (+19%) from 2023

Expenses

Up

$118,711

Up $31,689 (+36%) from 2023

Net Income

Down

-$16,320

Down $15,201 (-1358%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth28th percentile

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

$150K$100K$50K$0-$50KAssets 2011: $11,002Liabilities 2011: $18,110Net Assets 2011: -$7,1082011Assets 2012: $5,691Liabilities 2012: $22,840Net Assets 2012: -$17,1492012Assets 2013: $13,678Liabilities 2013: $1,420Net Assets 2013: $12,2582013Assets 2014: $17,566Liabilities 2014: $5,233Net Assets 2014: $12,3332014Assets 2015: $15,964Liabilities 2015: $4,137Net Assets 2015: $11,8272015Assets 2016: $12,814Liabilities 2016: $1,878Net Assets 2016: $10,9362016Assets 2017: $8,587Liabilities 2017: $936Net Assets 2017: $7,6512017Assets 2018: $37,019Liabilities 2018: $2,817Net Assets 2018: $34,2022018Assets 2019: $29,998Liabilities 2019: $1,261Net Assets 2019: $28,7372019Assets 2020: $46,340Liabilities 2020: $11,114Net Assets 2020: $35,2262020Assets 2021: $49,791Liabilities 2021: $1,936Net Assets 2021: $47,8552021Assets 2022: $147,820Liabilities 2022: $94,682Net Assets 2022: $53,1382022Assets 2023: $144,850Liabilities 2023: $101,935Net Assets 2023: $42,9152023Assets 2024: $126,801Liabilities 2024: $100,206Net Assets 2024: $26,5952024

Highlighted filing

2024

Assets$126,801
Liabilities$100,206
Net Assets$26,595
Open 2024 Filing

Operations Trend

Revenue Growth71st percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $37,363Expenses 2011: $41,850Net Income 2011: -$4,4872011Expenses 2012: $44,4492012Expenses 2013: $40,2682013Revenue 2014: $49,229Expenses 2014: $49,154Net Income 2014: $752014Revenue 2015: $37,046Expenses 2015: $35,824Net Income 2015: $1,2222015Revenue 2016: $46,276Expenses 2016: $51,886Net Income 2016: -$5,6102016Revenue 2017: $41,814Expenses 2017: $42,923Net Income 2017: -$1,1092017Revenue 2018: $72,545Expenses 2018: $45,994Net Income 2018: $26,5512018Revenue 2019: $40,386Expenses 2019: $50,711Net Income 2019: -$10,3252019Revenue 2020: $32,774Expenses 2020: $30,862Net Income 2020: $1,9122020Revenue 2021: $37,803Expenses 2021: $39,173Net Income 2021: -$1,3702021Revenue 2022: $70,790Expenses 2022: $75,531Net Income 2022: -$4,7412022Revenue 2023: $85,903Expenses 2023: $87,022Net Income 2023: -$1,1192023Revenue 2024: $102,391Expenses 2024: $118,711Net Income 2024: -$16,3202024

Highlighted filing

2024

Revenue$102,391
Expenses$118,711
Net Income-$16,320
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$126,801
Liabilities
$100,206
Net assets
$26,595
Revenue
$102,391
Expenses
$118,711
Net income
-$16,320
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$1.00$0.27$1.02$1.19$0.16
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$1.02$0.43$0.86$0.87$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.95$0.53$0.71$0.76$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.02$0.48$0.38$0.39$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.11$0.35$0.33$0.31$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.01$0.29$0.40$0.51$0.10
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.03$0.34$0.73$0.46$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.01$0.08$0.42$0.43$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.02$0.11$0.46$0.52$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.04$0.12$0.37$0.36$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.18$0.05$0.12$0.49$0.49$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.01$0.12$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.23$0.17$0.44
2011Summary only. Only limited summary data is available for this year.$0.11$0.18$0.07$0.37$0.42$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 15, 2025
Return Version
2023v6.0
Gross Receipts
$102,391
Mission and Program Overview

Mission

The chamber promotes growth for the town of coats

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$116,799$113,730▼ $3,069
Cash and Non-Interest-Bearing Accounts$28,051$13,071▼ $14,980
Total Assets$144,850$126,801▼ $18,049
Liabilities
Mortgage Notes Payable Secured by Investment Property$87,994$84,457▼ $3,537
Accounts Payable and Accrued Expenses$13,941$15,749▲ $1,808
Total Liabilities$101,935$100,206▼ $1,729
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$42,915$26,595▼ $16,320
Total Net Assets Fund Balance$42,915$26,595▼ $16,320
Total Liabilities and Net Assets / Fund Balance$144,850$126,801▼ $18,049

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$86,577$5,197$91,774
Leasehold Improvements$27,153$715$27,868
Compensation and Service Providers
Top Officer Pay83rd percentile

Board Members and Trustees

NameTitle
Tricia BristowExecutive Di
Vikki IngersollExecutive Di
Lynda ButlerSecretary
Ryan PopeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,755
Program Service Revenue
$44,770
Investment Income
$1
Other Revenue
$14,865
Change in Net Assets
$-16,320

Audited Revenue Reconciliation

Revenue per Audited Statements
$102,391
Total Revenue per Audited Statements
$102,391
Total Revenue per Form 990
$102,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,561
Salaries, Compensation, and Employee Benefits$33,150
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,740--$30,740
Occupancy$24,709--$24,709
Interest$5,169--$5,169
Insurance$3,560--$3,560
Depreciation Depletion$3,069--$3,069
Advertising$2,558--$2,558
Payroll Taxes$2,410--$2,410
Other Expenses$1,290--$1,290
Total Functional Expenses$118,711$0$0$118,711

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$118,711
Total Expenses per Audited Statements$118,711
Total Expenses per Form 990$118,711
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
Subject to proxy tax
No
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
No
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 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Coats Area Chamber of Commerce
EIN
56-1652810
Phone
9108976213
Address
PO BOX 667, COATS, NC 27521

Signing Officer

Name
Vikki Ingersoll
Title
Executive Director
Phone
9108976213
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynda Butler
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
1

Preparer

Firm
Danny B West Pllc
Address
PO BOX 985, DUNN, NC 28335-0985
Preparer
Danny B West CPA
Phone
9108920380
Supplemental Narrative

Additional Explanations

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

“The chamber promotes growth for the town of coats”

Raw XML Appendix279 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
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IRS990/AdvertisingGrp/TotalAmt02558
IRS990/BooksInCareOfDetail/PersonNm0VIKKI INGERSOLL
IRS990/BooksInCareOfDetail/PhoneNum09108976213
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0COATS
IRS990/BooksInCareOfDetail/USAddress/CityNm0COATS
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IRS990/BooksInCareOfDetail/USAddress/ZIPCd027521
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt028051
IRS990/CashNonInterestBearingGrp/EOYAmt013071
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt042755
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01
IRS990/CYOtherExpensesAmt085561
IRS990/CYOtherRevenueAmt014865
IRS990/CYProgramServiceRevenueAmt044770
IRS990/CYRevenuesLessExpensesAmt0-16320
IRS990/CYSalariesCompEmpBnftPaidAmt033150
IRS990/CYTotalExpensesAmt0118711
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0102391
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03069
IRS990/DepreciationDepletionGrp/TotalAmt03069
IRS990/Desc0THE CHAMBER PROMOTES GROWTH FOR THE TOWN OF COATS
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0TRICIA BRISTOW
IRS990/Form990PartVIISectionAGrp/PersonNm1LYNDA BUTLER
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IRS990/Form990PartVIISectionAGrp/PersonNm3RYAN POPE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt01425
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0102391
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03560
IRS990/InsuranceGrp/TotalAmt03560
IRS990/InterestGrp/ProgramServicesAmt05169
IRS990/InterestGrp/TotalAmt05169
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05912
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0116799
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0113730
IRS990/LandBldgEquipCostOrOtherBssAmt0119642
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt041330
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CHAMBER PROMOTES GROWTH FOR THE TOWN OF COATS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt087994
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt084457
IRS990/NetAssetsOrFundBalancesBOYAmt042915
IRS990/NetAssetsOrFundBalancesEOYAmt026595
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt042915
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt026595
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt024709
IRS990/OccupancyGrp/TotalAmt024709
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2RENT
IRS990/OtherExpensesGrp/Desc3MERCHANT FEES
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/RelatedEntityInd0false
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IRS990ScheduleD/TotalRevenuePerForm990Amt0102391
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IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHAMBER PROMOTES GROWTH FOR THE TOWN OF COATS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0126801
IRS990/TotalAssetsGrp/BOYAmt0144850
IRS990/TotalAssetsGrp/EOYAmt0126801
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalGrossUBIAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0126801
IRS990/TypeOfOrganizationOtherInd0X
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IRS990/USAddress/CityNm0COATS
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027521
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0VIKKI INGERSOLL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09108976213
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-15
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ReturnHeader/Filer/BusinessNameControlTxt0COAT
ReturnHeader/Filer/EIN0561652810
ReturnHeader/Filer/PhoneNum09108976213
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 667
ReturnHeader/Filer/USAddress/CityNm0COATS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027521
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454154123
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANNY B WEST PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 985
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DUNN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0283350985
ReturnHeader/PreparerPersonGrp/PhoneNum09108920380
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANNY B WEST CPA
ReturnHeader/ReturnTs02025-09-15T16:57:44-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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