Civic Intelligence

Global Transpark Foundation Inc.

990 • Fiscal year 2020 • EIN 56-1796362

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 25, 2020

PO Box 1635Kinston, NC 28503-1635

(252) 522-4929

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

7th percentile

0.00x

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

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2020 filings • NTEE S • $5M-$10M nonprofits • Source year 2020

Asset Growth

56th percentile

4.1%

Faster asset growth than 56% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-13%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$9,834,640

Up $383,061 (+4.1%) from 2019

Net Assets

Up

$9,832,640

Up $381,239 (+4.0%) from 2019

Liabilities

Up

$2,000

Up $1,822 (+1024%) from 2019

Revenue

Down

$419,127

Down $64,602 (-13%) from 2019

Expenses

Down

$228,983

Down $42,785 (-16%) from 2019

Net Income

Down

$190,144

Down $21,817 (-10%) from 2019

Historical Trend

Balance Sheet Trend

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

$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

2020

Assets$9,834,640
Liabilities$2,000
Net Assets$9,832,640

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$419,127
Expenses$228,983
Net Income$190,144
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 25, 2020
Return Version
2019v5.0
Gross Receipts
$7,099,445
Mission and Program Overview

Mission

Fundraising/promoting global transpark region

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,798,586$5,419,042▼ $379,544
Land, Buildings, and Equipment, Net$3,631,154$3,418,702▼ $212,452
Savings and Temporary Cash Investments$21,839$996,896▲ $975,057
Total Assets$9,451,579$9,834,640▲ $383,061
Liabilities
Accounts Payable and Accrued Expenses$178$2,000▲ $1,822
Total Liabilities$178$2,000▲ $1,822
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,451,401$9,832,640▲ $381,239
Total Net Assets Fund Balance$9,451,401$9,832,640▲ $381,239
Total Liabilities and Net Assets / Fund Balance$9,451,579$9,834,640▲ $383,061

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,418,702$5,079,362$8,498,064
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$306,021
Investment Income
$113,106
Other Revenue
$0
Change in Net Assets
$190,144

Audited Revenue Reconciliation

Revenue per Audited Statements
$419,127
Total Revenue per Audited Statements
$419,127
Total Revenue per Form 990
$419,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$228,983
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$212,452--$212,452
Fees for Services Legal-$8,739-$8,739
Fees for Services Accounting-$5,000-$5,000
Other Expenses-$2,792-$2,792
Total Functional Expenses$212,452$16,531$0$228,983

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$228,983
Total Expenses per Audited Statements$228,983
Total Expenses per Form 990$228,983
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 executive director 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
Phone
2525224929
Signed
2020-08-25

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/NetAssetsOrFundBalancesEOYAmt09832640
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt013238
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt013238
IRS990/NetUnrlzdGainsLossesInvstAmt0191095
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt09451401
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09832640
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02792
IRS990/OtherExpensesGrp/TotalAmt02792
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0V ROB JONES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MAC BUILDING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0306021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0306021
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0155700
IRS990/PYOtherExpensesAmt0271768
IRS990/PYProgramServiceRevenueAmt0328029
IRS990/PYRevenuesLessExpensesAmt0211961
IRS990/PYTotalExpensesAmt0271768
IRS990/PYTotalRevenueAmt0483729
IRS990/ReconcilationRevenueExpnssAmt0190144
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0306021
IRS990/SavingsAndTempCashInvstGrp/BOYAmt021839
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0996896
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt099868
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0126926
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt049267
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017696
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt018111
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0311868
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0306021
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0328029
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0320250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0314694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0314694
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01583688
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt099868
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0126926
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt049267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017696
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt018111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0311868
IRS990ScheduleA/InvestmentIncomeCYPct00.16000
IRS990ScheduleA/InvestmentIncomePYPct00.12000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.83550
IRS990ScheduleA/PublicSupportPY509Pct00.87630
IRS990ScheduleA/PublicSupportTotal509Amt01583688
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0306021
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0328029
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0320250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0314694
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0314694
IRS990ScheduleA/Total509Grp/TotalAmt01583688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0405889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0454955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0369517
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0332390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0332805
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01895556
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03418702
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05079362
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08498064
IRS990ScheduleD/ExpensesSubtotalAmt0228983
IRS990ScheduleD/RevenueSubtotalAmt0419127
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03418702
IRS990ScheduleD/TotalExpensesPerForm990Amt0228983
IRS990ScheduleD/TotalRevenuePerForm990Amt0419127
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0419127
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0228983
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0WARD & SMITH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt0WARD & SMITH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ASST. SEC/TREAS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LEGAL SERVICES
IRS990/ScheduleORequiredInd0true
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 EXECUTIVE DIRECTOR 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09451579
IRS990/TotalAssetsEOYAmt09834640
IRS990/TotalAssetsGrp/BOYAmt09451579
IRS990/TotalAssetsGrp/EOYAmt09834640
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016531
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0212452
IRS990/TotalFunctionalExpensesGrp/TotalAmt0228983
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0178
IRS990/TotalLiabilitiesEOYAmt02000
IRS990/TotalLiabilitiesGrp/BOYAmt0178
IRS990/TotalLiabilitiesGrp/EOYAmt02000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09451401
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09832640
IRS990/TotalProgramServiceExpensesAmt0212452
IRS990/TotalProgramServiceRevenueAmt0306021
IRS990/TotalRevenueGrp/ExclusionAmt099868
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0319259
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0419127
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09451579
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09834640

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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