Civic Intelligence

Global Transpark Foundation Inc

EIN 56-1796362 • 501(c)3 • Kinston, NC

Profile

Fundraising/promoting global transpark region

PO Box 1635Kinston, NC 28503-1635

www.ncgtp.com

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

NTEE S • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

14th percentile

0.05x

Higher debt load relative to revenue than 14% of similar nonprofits.

NTEE S • $10M-$25M nonprofits • Source year 2025

Net Margin

76th percentile

42%

Higher net margin than 76% of similar nonprofits.

NTEE S • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

NTEE S • $10M-$25M nonprofits • Source year 2025

Asset Growth

54th percentile

4.5%

Faster asset growth than 54% of similar nonprofits.

NTEE S • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

65th percentile

8.8%

Faster revenue growth than 65% of similar nonprofits.

NTEE S • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$10,041,061

Up $429,366 (+4.5%) from 2024

Liabilities

Up

$30,092

Up $9,040 (+43%) from 2024

Net Assets

Up

$10,010,969

Up $420,326 (+4.4%) from 2024

Revenue

Up

$647,125

Up $52,102 (+8.8%) from 2024

Expenses

Up

$376,329

Up $55,697 (+17%) from 2024

Net Income

Down

$270,796

Down $3,595 (-1.3%) from 2024

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $9,313,596Liabilities 2011: $4,484Net Assets 2011: $9,309,1122011Assets 2012: $9,107,689Liabilities 2012: $5,600Net Assets 2012: $9,102,0892012Assets 2013: $8,997,996Liabilities 2013: $3,246Net Assets 2013: $8,994,7502013Assets 2014: $9,098,613Liabilities 2014: $38,699Net Assets 2014: $9,059,9142014Assets 2015: $9,163,807Liabilities 2015: $17,995Net Assets 2015: $9,145,8122015Assets 2016: $9,200,994Liabilities 2016: $1,687Net Assets 2016: $9,199,3072016Assets 2017: $9,303,394Liabilities 2017: $64,240Net Assets 2017: $9,239,1542017Assets 2018: $9,154,605Liabilities 2018: $1,085Net Assets 2018: $9,153,5202018Assets 2019: $9,451,579Liabilities 2019: $178Net Assets 2019: $9,451,4012019Assets 2020: $9,834,640Liabilities 2020: $2,000Net Assets 2020: $9,832,6402020Assets 2021: $9,144,402Liabilities 2021: $175Net Assets 2021: $9,144,2272021Assets 2022: $8,995,889Liabilities 2022: $29,239Net Assets 2022: $8,966,6502022Assets 2023: $9,257,296Liabilities 2023: $30,974Net Assets 2023: $9,226,3222023Assets 2024: $9,611,695Liabilities 2024: $21,052Net Assets 2024: $9,590,6432024Assets 2025: $10,041,061Liabilities 2025: $30,092Net Assets 2025: $10,010,9692025

Highlighted filing

2025

Assets$10,041,061
Liabilities$30,092
Net Assets$10,010,969

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2011: $311,447Expenses 2011: $387,370Net Income 2011: -$75,9232011Revenue 2012: $277,177Expenses 2012: $484,200Net Income 2012: -$207,0232012Revenue 2013: $288,530Expenses 2013: $395,869Net Income 2013: -$107,3392013Revenue 2014: $323,462Expenses 2014: $258,298Net Income 2014: $65,1642014Revenue 2015: $327,374Expenses 2015: $241,476Net Income 2015: $85,8982015Revenue 2016: $332,805Expenses 2016: $279,310Net Income 2016: $53,4952016Revenue 2017: $332,390Expenses 2017: $292,543Net Income 2017: $39,8472017Revenue 2018: $371,252Expenses 2018: $445,545Net Income 2018: -$74,2932018Revenue 2019: $483,729Expenses 2019: $271,768Net Income 2019: $211,9612019Revenue 2020: $419,127Expenses 2020: $228,983Net Income 2020: $190,1442020Revenue 2021: $628,764Expenses 2021: $1,251,782Net Income 2021: -$623,0182021Revenue 2022: $460,197Expenses 2022: $228,162Net Income 2022: $232,0352022Revenue 2023: $237,641Expenses 2023: $259,854Net Income 2023: -$22,2132023Revenue 2024: $595,023Expenses 2024: $320,632Net Income 2024: $274,3912024Revenue 2025: $647,125Expenses 2025: $376,329Net Income 2025: $270,7962025

Highlighted filing

2025

Revenue$647,125
Expenses$376,329
Net Income$270,796

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$0.03$10.0$0.65$0.38$0.27
2024Detailed filing. Detailed filing data is available for this year.$9.61$0.02$9.59$0.60$0.32$0.27
2023Detailed filing. Detailed filing data is available for this year.$9.26$0.03$9.23$0.24$0.26$0.02
2022Detailed filing. Detailed filing data is available for this year.$9.00$0.03$8.97$0.46$0.23$0.23
2021Detailed filing. Detailed filing data is available for this year.$9.14$0.00$9.14$0.63$1.25$0.62
2020Detailed filing. Detailed filing data is available for this year.$9.83$0.00$9.83$0.42$0.23$0.19
2019Detailed filing. Detailed filing data is available for this year.$9.45$0.00$9.45$0.48$0.27$0.21
2018Detailed filing. Detailed filing data is available for this year.$9.15$0.00$9.15$0.37$0.45$0.07
2017Detailed filing. Detailed filing data is available for this year.$9.30$0.06$9.24$0.33$0.29$0.04
2016Summary only. Only limited summary data is available for this year.$9.20$0.00$9.20$0.33$0.28$0.05
2015Summary only. Only limited summary data is available for this year.$9.16$0.02$9.15$0.33$0.24$0.09
2014Summary only. Only limited summary data is available for this year.$9.10$0.04$9.06$0.32$0.26$0.07
2013Summary only. Only limited summary data is available for this year.$9.00$0.00$8.99$0.29$0.40$0.11
2012Summary only. Only limited summary data is available for this year.$9.11$0.01$9.10$0.28$0.48$0.21
2011Summary only. Only limited summary data is available for this year.$9.31$0.00$9.31$0.31$0.39$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Aug 26, 2025
Return Version
2024v5.0
Gross Receipts
$4,073,688
Mission and Program Overview

Mission

Fundraising/promoting global transpark region

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,984,152$6,787,516▲ $803,364
Land, Buildings, and Equipment, Net$2,568,896$2,356,445▼ $212,451
Other Notes and Loans Receivable, Net$814,035$738,082▼ $75,953
Savings and Temporary Cash Investments$244,612$159,018▼ $85,594
Total Assets$9,611,695$10,041,061▲ $429,366
Liabilities
Deferred Revenue-$30,092-
Accounts Payable and Accrued Expenses$21,052--
Total Liabilities$21,052$30,092▲ $9,040
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,590,643$10,010,969▲ $420,326
Total Net Assets Fund Balance$9,590,643$10,010,969▲ $420,326
Total Liabilities and Net Assets / Fund Balance$9,611,695$10,041,061▲ $429,366

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,356,445$6,141,619$8,498,064
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$361,098
Investment Income
$286,027
Other Revenue
$0
Change in Net Assets
$270,796

Audited Revenue Reconciliation

Revenue per Audited Statements
$647,125
Revenue Not Reported on Form 990
$149,530
Total Revenue per Audited Statements
$796,655
Total Revenue per Form 990
$647,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$376,329
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$212,451--$212,451
Fees for Services Legal-$14,375-$14,375
Fees for Services Accounting-$5,700-$5,700
Other Expenses$142,328$1,475-$1,475
Total Functional Expenses$354,779$21,550$0$376,329

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$376,329
Total Expenses per Audited Statements$376,329
Total Expenses per Form 990$376,329
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Conflict-of-interest policy
Yes
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 president reviews the form before filing. The form is submitted to board members upon request.

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

All such matters are reviewed by counsel who provides guidance to management.

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

The foundation currently has no employees. However, the board approves the hiring of all employees and their respective salaries.

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

SAME PROCEDURE AS ABOVE.

Form 990, Page 6, Part VI, Line 19

Government documents are maintained by the board of directors and made available to the public by request.

Filing and Contact Details

Filer

Filer Name
Global Transpark Foundation Inc
EIN
56-1796362
Phone
2525224929
Address
PO BOX 1635, KINSTON, NC 28503-1635

Signing Officer

Name
V Rob Jones
Title
President
Signed
2025-08-26

Organization Details

Principal Officer
V Rob Jones
Formed
1992
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
0

Preparer

Firm
Barrow Parris & Davenport Pa
Address
PO BOX 6069, KINSTON, NC 28501-0069
Preparer
L Dock Davenport Ii CPA
Phone
2525225200
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IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE TR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE SE
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT REVIEWS THE FORM BEFORE FILING. THE FORM IS SUBMITTED TO BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL SUCH MATTERS ARE REVIEWED BY COUNSEL WHO PROVIDES GUIDANCE TO MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION CURRENTLY HAS NO EMPLOYEES. HOWEVER, THE BOARD APPROVES THE HIRING OF ALL EMPLOYEES AND THEIR RESPECTIVE SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAME PROCEDURE AS ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNMENT DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND MADE AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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