Civic Intelligence

Net-Works Inc.

990 • Fiscal year 2013 • EIN 56-1844934

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 25, 2014

PO Box 448Apex, NC 27502-0448

(919) 233-8801

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

33rd percentile

-3.9%

Higher net margin than 33% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

11th percentile

-41%

Faster asset growth than 11% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$15,326

Down $10,603 (-41%) from 2012

Net Assets

Down

$15,115

Down $10,540 (-41%) from 2012

Liabilities

Down

$211

Down $63 (-23%) from 2012

Revenue

$273,631

No earlier filing loaded for comparison.

Expenses

Up

$284,171

Up $13,578 (+5.0%) from 2012

Net Income

-$10,540

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $23,505Liabilities 2011: $509Net Assets 2011: $22,9962011Assets 2012: $25,929Liabilities 2012: $274Net Assets 2012: $25,6552012Assets 2013: $15,326Liabilities 2013: $211Net Assets 2013: $15,1152013Assets 2014: $21,558Liabilities 2014: $2,633Net Assets 2014: $18,9252014Assets 2015: $6,800Liabilities 2015: $914Net Assets 2015: $5,8862015Assets 2016: $75,095Liabilities 2016: $4,814Net Assets 2016: $70,2812016Assets 2017: $62,991Liabilities 2017: $1,046Net Assets 2017: $61,9452017Assets 2018: $39,758Liabilities 2018: $2,892Net Assets 2018: $36,8662018Assets 2019: $10,718Liabilities 2019: $2,154Net Assets 2019: $8,5642019Assets 2020: $12,479Liabilities 2020: $895Net Assets 2020: $11,5842020Assets 2021: $8,493Liabilities 2021: $1,036Net Assets 2021: $7,4572021Assets 2022: $9,165Liabilities 2022: $946Net Assets 2022: $8,2192022Assets 2023: $17,638Liabilities 2023: $1,088Net Assets 2023: $16,5502023Assets 2024: $23,758Liabilities 2024: $2,123Net Assets 2024: $21,6352024

Highlighted filing

2013

Assets$15,326
Liabilities$211
Net Assets$15,115

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $268,170Expenses 2011: $262,918Net Income 2011: $5,2522011Expenses 2012: $270,5932012Revenue 2013: $273,631Expenses 2013: $284,171Net Income 2013: -$10,5402013Revenue 2014: $310,729Expenses 2014: $306,919Net Income 2014: $3,8102014Revenue 2015: $311,012Expenses 2015: $324,051Net Income 2015: -$13,0392015Revenue 2016: $370,151Expenses 2016: $305,756Net Income 2016: $64,3952016Revenue 2017: $260,586Expenses 2017: $268,922Net Income 2017: -$8,3362017Revenue 2018: $253,547Expenses 2018: $278,626Net Income 2018: -$25,0792018Revenue 2019: $286,581Expenses 2019: $314,883Net Income 2019: -$28,3022019Revenue 2020: $231,607Expenses 2020: $228,587Net Income 2020: $3,0202020Revenue 2021: $185,631Expenses 2021: $189,758Net Income 2021: -$4,1272021Revenue 2022: $190,156Expenses 2022: $189,394Net Income 2022: $7622022Revenue 2023: $197,832Expenses 2023: $189,501Net Income 2023: $8,3312023Revenue 2024: $197,034Expenses 2024: $191,949Net Income 2024: $5,0852024

Highlighted filing

2013

Revenue$273,631
Expenses$284,171
Net Income-$10,540
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 25, 2014
Return Version
2013v3.0
Gross Receipts
$273,631
Mission and Program Overview

Mission

Provide instruction in basketball for children as a foundation for character development. Scholarships are provided for individuals unable to pay.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$25,655$15,115▼ $10,540
Cash and Non-Interest-Bearing Accounts$18,574$8,341▼ $10,233
Investments Other Securities$6,800$6,800→ $0
Land, Buildings, and Equipment, Net$555$185▼ $370
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$25,929$15,326▼ $10,603
Liabilities
Other Liabilities$274$211▼ $63
Total Liabilities$274$211▼ $63
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,655$15,115▼ $10,540
Total Liabilities and Net Assets / Fund Balance$25,929$15,326▼ $10,603

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$23,469-
Equipment$185$11,306-
Other Securities$6,800--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael HollisPresidentPT$49,150$2,011$51,161

Board Members and Trustees

NameTitle
Stanley WerbChairman
Jeff MonroeBoard Member
Rick KingBoard Member
Shavelik RandolphBoard Member
Robert MonroeSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,100
Program Service Revenue
$237,531
Investment Income
$0
Other Revenue
$0
All Other Contributions
$36,100
Change in Net Assets
$-10,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$177,237
Other Expenses$106,934
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,577$21,059-$115,636
Current Officers, Directors, Trustees, and Key Employees$24,575$24,575-$49,150
Advertising$27,572--$27,572
Payroll Taxes$9,037$3,414-$12,451
Insurance-$8,147-$8,147
All Other Expenses$3,473$3,155-$6,628
Other Expenses$5,048$5,380-$5,048
Fees for Services Accounting$639$1,916-$2,555
Office Expenses-$1,118-$1,118
Depreciation Depletion-$369-$369
Total Functional Expenses$207,134$77,037$0$284,171
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
Credit Card Payable$211
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Part VI, Section A, Line 2

The secretary/treasurer's son is on the board of directors, but is not an officer.

Form 990, Part VI, Section B, Line 11

This tax return is given to the president for review before finalization.

Form 990, Part VI, Section C, Line 19

The organization would supply a copy of the governing documents and finanical statements to the public if they were requested.

Filing and Contact Details

Filer

EIN
56-1844934
Phone
9192338801

Signing Officer

Name
Michael Hollis
Title
President
Phone
9192338801
Signed
2014-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Hollis
Formed
1993
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
2
Employees
30
Volunteers
0

Preparer

Preparer
John Lunsford
Phone
9197837073
Raw XML Appendix386 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.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0185
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011306
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt011491
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023469
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt023469
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0211
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt06800
IRS990ScheduleD/OtherSecuritiesGrp/Desc0GEORGIA BANCSHARES STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0185
IRS990ScheduleD/TotalBookValueSecuritiesAmt06800
IRS990ScheduleD/TotalLiabilityAmt0211
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SECRETARY/TREASURER'S SON IS ON THE BOARD OF DIRECTORS, BUT IS NOT AN OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THIS TAX RETURN IS GIVEN TO THE PRESIDENT FOR REVIEW BEFORE FINALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WOULD SUPPLY A COPY OF THE GOVERNING DOCUMENTS AND FINANICAL STATEMENTS TO THE PUBLIC IF THEY WERE REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt025929
IRS990/TotalAssetsEOYAmt015326
IRS990/TotalAssetsGrp/BOYAmt025929
IRS990/TotalAssetsGrp/EOYAmt015326
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt036100
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077037
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0207134
IRS990/TotalFunctionalExpensesGrp/TotalAmt0284171
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0274
IRS990/TotalLiabilitiesEOYAmt0211
IRS990/TotalLiabilitiesGrp/BOYAmt0274
IRS990/TotalLiabilitiesGrp/EOYAmt0211
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025655
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015115
IRS990/TotalOtherCompensationAmt02011
IRS990/TotalProgramServiceExpensesAmt0207134
IRS990/TotalProgramServiceRevenueAmt0237531
IRS990/TotalReportableCompFromOrgAmt049150
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0237531
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0273631
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt025929
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015326
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 448
IRS990/USAddress/City0APEX
IRS990/USAddress/State0NC
IRS990/USAddress/ZIPCode0275020448
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.NETWORKSBASKETBALL.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HOLLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09192338801
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-06-25
ReturnHeader/Filer/BusinessName/BusinessNameLine10NETWORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0NETW
ReturnHeader/Filer/EIN0561844934
ReturnHeader/Filer/PhoneNum09192338801
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 448
ReturnHeader/Filer/USAddress/City0APEX
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode0275020448
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570381582
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ELLIOTT DAVIS LLCPLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105410 TRINITY ROAD SUITE 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0276076003
ReturnHeader/PreparerPersonGrp/PhoneNum09197837073
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN LUNSFORD
ReturnHeader/ReturnTs02014-07-08T15:23:01-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.24$0.02$0.22$1.97$1.92$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$1.98$1.90$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.08$1.90$1.89$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$1.86$1.90$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.12$2.32$2.29$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.11$0.02$0.09$2.87$3.15$0.28
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.03$0.37$2.54$2.79$0.25
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$2.61$2.69$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.05$0.70$3.70$3.06$0.64
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$3.11$3.24$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.03$0.19$3.11$3.07$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$2.74$2.84$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$2.71
2011Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$2.68$2.63$0.05