Civic Intelligence

Brick Capital Community Development Corporation

990 • Fiscal year 2018 • EIN 56-1706757

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileWWW.BC-CDC.ORG
P O Box 568Sanford, NC 27331-0568

(919) 775-2300

Siviq Scores

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

Liabilities / Assets

89th percentile

0.93x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

5.84x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Net Margin

8th percentile

-54%

Higher net margin than 8% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

41st percentile

$70,000

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2018 filings • NTEE S • $1M-$5M nonprofits • Source year 2018

Asset Growth

14th percentile

-11%

Faster asset growth than 14% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets89th percentile

Assets

Down

$1,674,562

Down $210,560 (-11%) from 2017

Net Assets

Down

$115,062

Down $143,247 (-55%) from 2017

Liabilities

Down

$1,559,500

Down $67,313 (-4.1%) from 2017

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin8th percentile

Revenue

Down

$267,221

Down $40,032 (-13%) from 2017

Expenses

Down

$410,468

Down $676,986 (-62%) from 2017

Net Income

Up

-$143,247

Up $636,954 (+82%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,447,081Liabilities 2011: $1,683,470Net Assets 2011: $1,763,6112011Assets 2012: $3,327,961Liabilities 2012: $1,700,042Net Assets 2012: $1,627,9192012Assets 2013: $3,188,113Liabilities 2013: $1,669,082Net Assets 2013: $1,519,0312013Assets 2014: $3,160,545Liabilities 2014: $1,754,598Net Assets 2014: $1,405,9472014Assets 2015: $2,992,413Liabilities 2015: $1,879,915Net Assets 2015: $1,112,4982015Assets 2016: $2,886,444Liabilities 2016: $1,736,422Net Assets 2016: $1,150,0222016Assets 2017: $1,885,122Liabilities 2017: $1,626,813Net Assets 2017: $258,3092017Assets 2018: $1,674,562Liabilities 2018: $1,559,500Net Assets 2018: $115,0622018Assets 2019: $1,627,458Liabilities 2019: $1,519,836Net Assets 2019: $107,6222019Assets 2020: $2,936,119Liabilities 2020: $753,511Net Assets 2020: $2,182,6082020Assets 2021: $3,435,000Liabilities 2021: $1,295,212Net Assets 2021: $2,139,7882021Assets 2022: $3,550,156Liabilities 2022: $1,483,040Net Assets 2022: $2,067,1162022Assets 2023: $3,586,290Liabilities 2023: $1,889,039Net Assets 2023: $1,697,2512023Assets 2024: $3,862,202Liabilities 2024: $2,957,274Net Assets 2024: $904,9282024

Highlighted filing

2018

Assets$1,674,562
Liabilities$1,559,500
Net Assets$115,062
Open 2018 Filing

Operations Trend

Revenue Growth19th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $450,791Expenses 2011: $425,352Net Income 2011: $25,4392011Revenue 2012: $335,801Expenses 2012: $449,757Net Income 2012: -$113,9562012Revenue 2013: $364,808Expenses 2013: $472,011Net Income 2013: -$107,2032013Revenue 2014: $334,368Expenses 2014: $447,452Net Income 2014: -$113,0842014Revenue 2015: $286,909Expenses 2015: $398,299Net Income 2015: -$111,3902015Revenue 2016: $455,493Expenses 2016: $417,969Net Income 2016: $37,5242016Revenue 2017: $307,253Expenses 2017: $1,087,454Net Income 2017: -$780,2012017Revenue 2018: $267,221Expenses 2018: $410,468Net Income 2018: -$143,2472018Revenue 2019: $234,565Expenses 2019: $413,341Net Income 2019: -$178,7762019Revenue 2020: $1,952,492Expenses 2020: $429,805Net Income 2020: $1,522,6872020Revenue 2021: $467,042Expenses 2021: $509,862Net Income 2021: -$42,8202021Revenue 2022: $448,682Expenses 2022: $521,354Net Income 2022: -$72,6722022Revenue 2023: $494,327Expenses 2023: $754,292Net Income 2023: -$259,9652023Revenue 2024: $1,887,519Expenses 2024: $1,883,714Net Income 2024: $3,8052024

Highlighted filing

2018

Revenue$267,221
Expenses$410,468
Net Income-$143,247
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$267,221
Mission and Program Overview

Mission

The organization, together with public and private investors, provides affordable housing, housing counseling, education, community, human and economic development to improve the quality of life in lee and surrounding counties of nc.

The organization, together with public and private investors, provides affordable housing, education, community, human and economic development to improve the quality of life in sanford, lee and surrounding counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,349,845$1,208,009▼ $141,836
Cash and Non-Interest-Bearing Accounts$149,252$334,678▲ $185,426
Investments Program Related$290,539--
Savings and Temporary Cash Investments$71,105$66,830▼ $4,275
Accounts Receivable$11,372$10,091▼ $1,281
Total Assets$1,885,122$1,674,562▼ $210,560
Other Assets Total$13,009$54,954▲ $41,945
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,528,135$1,469,623▼ $58,512
Other Liabilities$70,531$66,830▼ $3,701
Accounts Payable and Accrued Expenses$28,147$23,047▼ $5,100
Total Liabilities$1,626,813$1,559,500▼ $67,313
Net Assets / Fund Balance
Unrestricted Net Assets$258,309$115,062▼ $143,247
Total Net Assets Fund Balance$258,309$115,062▼ $143,247
Total Liabilities and Net Assets / Fund Balance$1,885,122$1,674,562▼ $210,560

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,126,807$762,449$1,889,256
Land$81,202-$81,202
Equipment-$52,136$52,136
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kathleen RumelyExecutive DiFT$70,000$70,000
Connie MorganFiscal OfficFT$22,000$22,000

Board Members and Trustees

NameTitle
Margaret MurchisonPresident
James FrenchDirector
Milton BurchDirector
Rev Freeman BrooksDirector
Terry McmillanDirector
Ulysses UpchurchDirector
Brenda JohnsonAssistant Se
Brenda WilliamsTreasurer
William T WilsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$4,043
Program Service Revenue
$201,922
Investment Income
$0
Other Revenue
$61,256
All Other Contributions
$4,043
Change in Net Assets
$-143,247

Audited Revenue Reconciliation

Revenue per Audited Statements
$267,221
Total Revenue per Audited Statements
$267,221
Total Revenue per Form 990
$267,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$301,418
Salaries, Compensation, and Employee Benefits$109,050
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$51,000$41,000-$92,000
Depreciation Depletion$66,746$10,866-$77,612
All Other Expenses$34,925$7,452-$42,377
Other Expenses$16,446$1,915-$16,446
Insurance$15,155$712-$15,867
Interest$12,101$374-$12,475
Office Expenses$8,370$3,138-$11,508
Payroll Taxes$5,700$4,664-$10,364
Fees for Services Accounting-$7,125-$7,125
Other Employee Benefits$3,677$3,009-$6,686
Travel$428$350-$778
Total Functional Expenses$296,014$114,454$0$410,468

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$410,468
Total Expenses per Audited Statements$410,468
Total Expenses per Form 990$410,468
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserve for Replacement$56,011
Escrow Deposits$10,819
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is presented to the board of directors for its review and approval prior to being filed.”

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

“Board members and employees are required to disclose conflicts of interest when they arise.”

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

“Each year at the time of evaluation of the executive director, the personnel committee of the board reviews the compensation of the executive director. If an increase in salary of the executive director is considered, then the committee compares the salary of other executives in similar production and size of community development corporations across the state.”

Form 990, Page 6, Part VI, Line 19

“Organizational and other documents are available upon written request to the organization's office.”

Filing and Contact Details

Filer

Filer Name
Brick Capital Community Development
EIN
56-1706757
Address
P O BOX 568, SANFORD, NC 27331-0568

Signing Officer

Name
Kerry Bashaw
Title
Executive Director
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kerry Bashaw
Formed
1990
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
6

Preparer

Firm
Romeo Wiggins & Company Llp
Address
8210 CREEDMOOR RD 202, RALEIGH, NC 27613
Preparer
J Kelly Lanier
Phone
9198705151
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Property taxes 11,038 1,353 0 pest control 7,523 0 0 other 0 6,099 0 reserve for replacement 5,750 0 0 trash removal 4,875 0 0 security 2,212 0 0 taxes, licenses 1,937 0 0 special projects 990 0 0 land development 600 0 0 total 34,925 7,452 0”

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IRS990/OtherExpensesGrp/TotalAmt130795
IRS990/OtherExpensesGrp/TotalAmt229948
IRS990/OtherExpensesGrp/TotalAmt316446
IRS990/OtherLiabilitiesGrp/BOYAmt070531
IRS990/OtherLiabilitiesGrp/EOYAmt066830
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1GAIN ON SALE OF FIXED ASSETS
IRS990/OtherRevenueMiscGrp/Desc2DEBT FORGIVENESS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt021985
IRS990/OtherRevenueMiscGrp/ExclusionAmt121628
IRS990/OtherRevenueMiscGrp/ExclusionAmt29000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021985
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt121628
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt29000
IRS990/OtherRevenueTotalAmt061256
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04664
IRS990/PayrollTaxesGrp/ProgramServicesAmt05700
IRS990/PayrollTaxesGrp/TotalAmt010364
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KERRY BASHAW
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SUPPORTIVE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2HOUSING COUNSELING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0158017
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21005
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0158017
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21005
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt045145
IRS990/PYOtherExpensesAmt0976902
IRS990/PYOtherRevenueAmt024571
IRS990/PYProgramServiceRevenueAmt0233537
IRS990/PYRevenuesLessExpensesAmt0-780201
IRS990/PYSalariesCompEmpBnftPaidAmt0110552
IRS990/PYTotalExpensesAmt01087454
IRS990/PYTotalRevenueAmt0307253
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-143247
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0201922
IRS990/SavingsAndTempCashInvstGrp/BOYAmt071105
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066830
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TIMBER SALE 51,731 OTHER INCOME 102,538
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt023005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt044146
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0133
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0253
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01243167
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt061256
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt024571
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06056
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010655
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt051731
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0154269
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.22220
IRS990ScheduleA/PublicSupportPY170Pct00.60470
IRS990ScheduleA/PublicSupportTotal170Amt044146
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04043
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt023005
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt044146
IRS990ScheduleA/TotalSupportAmt0198668
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01126807
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0762449
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01889256
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052136
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052136
IRS990ScheduleD/ExpensesSubtotalAmt0410468
IRS990ScheduleD/LandGrp/BookValueAmt081202
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt081202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056011
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0267221
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01208009
IRS990ScheduleD/TotalExpensesPerForm990Amt0410468
IRS990ScheduleD/TotalLiabilityAmt066830
IRS990ScheduleD/TotalRevenuePerForm990Amt0267221
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0267221
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0410468
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST WHEN THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR AT THE TIME OF EVALUATION OF THE EXECUTIVE DIRECTOR, THE PERSONNEL COMMITTEE OF THE BOARD REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR. IF AN INCREASE IN SALARY OF THE EXECUTIVE DIRECTOR IS CONSIDERED, THEN THE COMMITTEE COMPARES THE SALARY OF OTHER EXECUTIVES IN SIMILAR PRODUCTION AND SIZE OF COMMUNITY DEVELOPMENT CORPORATIONS ACROSS THE STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATIONAL AND OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROPERTY TAXES 11,038 1,353 0 PEST CONTROL 7,523 0 0 OTHER 0 6,099 0 RESERVE FOR REPLACEMENT 5,750 0 0 TRASH REMOVAL 4,875 0 0 SECURITY 2,212 0 0 TAXES, LICENSES 1,937 0 0 SPECIAL PROJECTS 990 0 0 LAND DEVELOPMENT 600 0 0 TOTAL 34,925 7,452 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0203350223
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTAT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0WICKER SCHOOL OF SANFORD INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0900 S VANCE STREET
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0SANFORD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd027330
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01885122
IRS990/TotalAssetsEOYAmt01674562
IRS990/TotalAssetsGrp/BOYAmt01885122
IRS990/TotalAssetsGrp/EOYAmt01674562
IRS990/TotalCompGreaterThan150KInd0false

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,674,562
Liabilities
$1,559,500
Net assets
$115,062
Revenue
$267,221
Expenses
$410,468
Net income
-$143,247
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.86$2.96$0.90$1.89$1.88$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.59$1.89$1.70$0.49$0.75$0.26
2022Detailed filing. Detailed filing data is available for this year.$3.55$1.48$2.07$0.45$0.52$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.44$1.30$2.14$0.47$0.51$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.94$0.75$2.18$1.95$0.43$1.52
2019Summary only. Only limited summary data is available for this year.$1.63$1.52$0.11$0.23$0.41$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.67$1.56$0.12$0.27$0.41$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.89$1.63$0.26$0.31$1.09$0.78
2016Detailed filing. Detailed filing data is available for this year.$2.89$1.74$1.15$0.46$0.42$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.99$1.88$1.11$0.29$0.40$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.16$1.75$1.41$0.33$0.45$0.11
2013Summary only. Only limited summary data is available for this year.$3.19$1.67$1.52$0.36$0.47$0.11
2012Summary only. Only limited summary data is available for this year.$3.33$1.70$1.63$0.34$0.45$0.11
2011Summary only. Only limited summary data is available for this year.$3.45$1.68$1.76$0.45$0.43$0.03