Civic Intelligence

North Carolina Lions Visually Impaired Persons Fishing Tournamen

990 • Fiscal year 2019 • EIN 56-1782118

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 17, 2020

Post Office Box 8Kill Devil Hills, NC 27948

(252) 441-8909

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

45th percentile

1.4%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

52nd percentile

3.0%

Faster asset growth than 52% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

3.4%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$264,532

Up $7,778 (+3.0%) from 2018

Net Assets

Up

$259,927

Up $4,333 (+1.7%) from 2018

Liabilities

Up

$4,605

Up $3,445 (+297%) from 2018

Revenue

Up

$315,705

Up $10,262 (+3.4%) from 2018

Expenses

Up

$311,372

Up $10,624 (+3.5%) from 2018

Net Income

Down

$4,333

Down $362 (-7.7%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $60,846Liabilities 2014: $11,634Net Assets 2014: $49,2122014Assets 2015: $78,329Liabilities 2015: $5,523Net Assets 2015: $72,8062015Assets 2016: $145,670Liabilities 2016: $4,251Net Assets 2016: $141,4192016Assets 2017: $252,339Liabilities 2017: $1,434Net Assets 2017: $250,9052017Assets 2018: $256,754Liabilities 2018: $1,160Net Assets 2018: $255,5942018Assets 2019: $264,532Liabilities 2019: $4,605Net Assets 2019: $259,9272019Assets 2020: $242,397Liabilities 2020: $723Net Assets 2020: $241,6742020Assets 2021: $234,577Liabilities 2021: $1,960Net Assets 2021: $232,6172021Assets 2022: $233,360Liabilities 2022: $5,271Net Assets 2022: $228,0892022Assets 2023: $200,093Liabilities 2023: $3,042Net Assets 2023: $197,0512023Assets 2024: $224,613Liabilities 2024: $2,647Net Assets 2024: $221,9662024

Highlighted filing

2019

Assets$264,532
Liabilities$4,605
Net Assets$259,927

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $151,987Expenses 2014: $144,417Net Income 2014: $7,5702014Revenue 2015: $300,895Expenses 2015: $280,333Net Income 2015: $20,5622015Revenue 2016: $353,135Expenses 2016: $284,522Net Income 2016: $68,6132016Revenue 2017: $407,039Expenses 2017: $297,553Net Income 2017: $109,4862017Revenue 2018: $305,443Expenses 2018: $300,748Net Income 2018: $4,6952018Revenue 2019: $315,705Expenses 2019: $311,372Net Income 2019: $4,3332019Revenue 2020: $42,692Expenses 2020: $60,945Net Income 2020: -$18,2532020Revenue 2021: $62,546Expenses 2021: $71,603Net Income 2021: -$9,0572021Revenue 2022: $310,870Expenses 2022: $315,398Net Income 2022: -$4,5282022Revenue 2023: $325,026Expenses 2023: $356,064Net Income 2023: -$31,0382023Revenue 2024: $132,758Expenses 2024: $107,844Net Income 2024: $24,9142024

Highlighted filing

2019

Revenue$315,705
Expenses$311,372
Net Income$4,333
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 17, 2020
Return Version
2019v5.0
Gross Receipts
$322,499
Mission and Program Overview

Mission

To provide a three-day event for educational, recreational, and personal growth opportunities to serve north carolina visually impaired persons, and to provide a venue for an international fishing tournament.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$140,094$140,164▲ $70
Cash and Non-Interest-Bearing Accounts$102,081$107,307▲ $5,226
Inventories for Sale or Use$7,893$7,655▼ $238
Prepaid Expenses and Deferred Charges-$2,500-
Land, Buildings, and Equipment, Net$2,028$2,277▲ $249
Intangible Assets$173--
Total Assets$256,754$264,532▲ $7,778
Other Assets Total$4,485$4,629▲ $144
Liabilities
Other Liabilities$1,160$4,605▲ $3,445
Total Liabilities$1,160$4,605▲ $3,445
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$255,594$259,927▲ $4,333
Total Net Assets Fund Balance$255,594$259,927▲ $4,333
Total Liabilities and Net Assets / Fund Balance$256,754$264,532▲ $7,778

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,277$75,544$77,821
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$181,937
Program Service Revenue
$63,280
Investment Income
$70
Other Revenue
$70,418
All Other Contributions
$139,425
Change in Net Assets
$4,333

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 Amount
Other Non Cash Contri Table1$139,425
Total Noncash Contributions1$139,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$315,705
Total Revenue per Audited Statements
$315,705
Total Revenue per Form 990
$315,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$296,391
Total Fundraising Expense$32,934
Salaries, Compensation, and Employee Benefits$14,981
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,844$1,356$26,111$30,311
Occupancy$15,989$941$1,881$18,811
Other Salaries and Wages$11,829$696$1,392$13,917
Travel$10,840$464$2,238$13,542
All Other Expenses$11,656--$11,656
Other Expenses$6,250--$6,250
Fees for Services Accounting$5,741--$5,741
Office Expenses$1,170$226$1,206$2,602
Insurance$793$1,057-$1,850
Conferences and Meetings$1,452--$1,452
Depreciation Depletion$1,150--$1,150
Payroll Taxes$905$53$106$1,064
Information Technology-$270-$270
Total Functional Expenses$273,375$5,063$32,934$311,372

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$311,372
Total Expenses per Audited Statements$311,372
Total Expenses per Form 990$311,372
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$59,699
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Eve$59,699$59,699-$59,699
Total Events$59,699$59,699-$59,699
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Withholding$3,320
Credit Card$946
Sales Tax Payable$249
Participation Fee Deposits$90
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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

The 990 form was reviewed at a board of directors meeting before it was filed.

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
North Carolina Lions Visually
EIN
56-1782118
Phone
2524418909
Address
POST OFFICE BOX 8, KILL DEVIL HILLS, NC 27948

Signing Officer

Name
Robert a Christensen
Title
Treasurer
Phone
2524418909
Signed
2020-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert a Christensen
Voting Board Members
14
Independent Board Members
14
Employees
1
Volunteers
188

Preparer

Firm
Burgess Lowman & Lay Pa
Address
PO BOX 990, KITTY HAWK, NC 27949-0990
Preparer
Charles Kearns Lowman CPA
Phone
2522551040
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IRS990/PYTotalRevenueAmt0305443
IRS990/ReconcilationRevenueExpnssAmt04333
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0140094
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0140164
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0181937
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0142613
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0250715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0196272
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0147420
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0918957
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL WITHHOLDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PARTICIPATION FEE DEPOSITS
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IRS990ScheduleD/TotalExpensesPerForm990Amt0311372
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IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 FORM WAS REVIEWED AT A BOARD OF DIRECTORS MEETING BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/TotalAssetsBOYAmt0256754
IRS990/TotalAssetsEOYAmt0264532
IRS990/TotalAssetsGrp/BOYAmt0256754
IRS990/TotalAssetsGrp/EOYAmt0264532
IRS990/TotalCompGreaterThan150KInd0false

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