Civic Intelligence

Net-Works Inc.

990 • Fiscal year 2019 • EIN 56-1844934

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 15, 2020

Organization ProfileWWW.NETWORKSBASKETBALL.COM
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

87th percentile

0.20x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Liabilities / Revenue

72nd percentile

0.01x

Higher debt load relative to revenue than 72% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Net Margin

21st percentile

-9.9%

Higher net margin than 21% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Top Officer Pay

99th percentile

$71,765

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 25.0% of source-year revenue.

2019 filings • NTEE N • <$500k nonprofits • Source year 2019

Asset Growth

3rd percentile

-73%

Faster asset growth than 3% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • NTEE N • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$10,718

Down $29,040 (-73%) from 2018

Net Assets

Down

$8,564

Down $28,302 (-77%) from 2018

Liabilities

Down

$2,154

Down $738 (-26%) from 2018

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin21st percentile

Revenue

Up

$286,581

Up $33,034 (+13%) from 2018

Expenses

Up

$314,883

Up $36,257 (+13%) from 2018

Net Income

Down

-$28,302

Down $3,223 (-13%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

2019

Assets$10,718
Liabilities$2,154
Net Assets$8,564
Open 2019 Filing

Operations Trend

Revenue Growth68th percentile

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

2019

Revenue$286,581
Expenses$314,883
Net Income-$28,302
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 15, 2020
Return Version
2019v5.1
Gross Receipts
$286,581
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$36,866$8,564▼ $28,302
Investments Other Securities$6,800$6,800→ $0
Cash and Non-Interest-Bearing Accounts$32,958$3,918▼ $29,040
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$39,758$10,718▼ $29,040
Liabilities
Other Liabilities$2,179$2,145▼ $34
Accounts Payable and Accrued Expenses$713$9▼ $704
Total Liabilities$2,892$2,154▼ $738
Net Assets / Fund Balance
Total Net Assets Fund Balance$36,866$8,564▼ $28,302
Total Liabilities and Net Assets / Fund Balance$39,758$10,718▼ $29,040

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$11,491-
Other Securities$6,800--
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Michael HollisPresidentFT$71,765$71,765

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
$64,500
Program Service Revenue
$222,079
Investment Income
$2
Other Revenue
$0
All Other Contributions
$64,500
Change in Net Assets
$-28,302
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$227,876
Other Expenses$86,810
Grants and Similar Amounts Paid$197
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$68,562$71,436-$139,998
Current Officers, Directors, Trustees, and Key Employees$57,412$14,353-$71,765
Payroll Taxes$9,836$6,277-$16,113
Advertising$13,422--$13,422
Insurance-$6,365-$6,365
All Other Expenses$3,096$568-$3,664
Fees for Services Accounting$861$2,582-$3,443
Other Expenses$9,872$3,177-$3,177
Office Expenses-$2,840-$2,840
Grants to Domestic Orgs$197--$197
Total Functional Expenses$194,681$120,202$0$314,883
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$2,132
Payroll Liabilities$13
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, 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 11B

“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

Filer Name
Networks Inc
EIN
56-1844934
Phone
9192338801
Address
PO BOX 448, APEX, NC 27502-0448

Signing Officer

Name
Michael Hollis
Title
President
Phone
9192338801
Signed
2020-06-15
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
13
Volunteers
0

Preparer

Firm
Elliott Davis Llcpllc
Address
5410 TRINITY ROAD SUITE 320, RALEIGH, NC 27607-6003
Preparer
John Lunsford
Phone
9197837073
Raw XML Appendix392 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0713
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE INSTRUCTION IN BASKETBALL FOR CHILDREN AS A FOUNDATION FOR CHARACTER DEVELOPMENT. SCHOLARSHIPS ARE PROVIDED FOR INDIVIDUALS UNABLE TO PAY.
IRS990/AdvertisingGrp/ProgramServicesAmt013422
IRS990/AdvertisingGrp/TotalAmt013422
IRS990/AllOtherContributionsAmt064500
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0568
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03096
IRS990/AllOtherExpensesGrp/TotalAmt03664
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BETH WURST
IRS990/BooksInCareOfDetail/PhoneNum09192338801
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 448
IRS990/BooksInCareOfDetail/USAddress/CityNm0APEX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027502
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt032958
IRS990/CashNonInterestBearingGrp/EOYAmt03918
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014353
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt057412
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt071765
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt064500
IRS990/CYGrantsAndSimilarPaidAmt0197
IRS990/CYInvestmentIncomeAmt02
IRS990/CYOtherExpensesAmt086810
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0222079
IRS990/CYRevenuesLessExpensesAmt0-28302
IRS990/CYSalariesCompEmpBnftPaidAmt0227876
IRS990/CYTotalExpensesAmt0314883
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0286581
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROVIDED CLINICS FOR CHILDREN TO DEVELOP BASKETBALL SKILLS, TO PROMOTE TEAMWORK AND INDIVIDUAL WORK ETHICS, AND PROVIDED A SAFE AND INSTRUCTIVE ENVIRONMENT OUTSIDE OF SCHOOL HOURS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0194681
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02582
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0861
IRS990/FeesForServicesAccountingGrp/TotalAmt03443
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt450.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0STANLEY WERB
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF MONROE
IRS990/Form990PartVIISectionAGrp/PersonNm2RICK KING
IRS990/Form990PartVIISectionAGrp/PersonNm3SHAVELIK RANDOLPH
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL HOLLIS
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT MONROE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt471765
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt0197
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0197
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0197
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0286581
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06365
IRS990/InsuranceGrp/TotalAmt06365
IRS990/InvestmentIncomeGrp/ExclusionAmt02
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06800
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt06800
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011491
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt011491
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE INSTRUCTION IN BASKETBALL FOR CHILDREN AS A FOUNDATION FOR CHARACTER DEVELOPMENT. SCHOLARSHIPS ARE PROVIDED FOR INDIVIDUALS UNABLE TO PAY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt036866
IRS990/NetAssetsOrFundBalancesEOYAmt08564
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02840
IRS990/OfficeExpensesGrp/TotalAmt02840
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FACILITY RENTAL
IRS990/OtherExpensesGrp/Desc1AUTO EXPENSES
IRS990/OtherExpensesGrp/Desc2BALL HANDLING CLUB EXPE
IRS990/OtherExpensesGrp/Desc3BANK/CREDIT CARD FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012604
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13177
IRS990/OtherExpensesGrp/ProgramServicesAmt031423
IRS990/OtherExpensesGrp/ProgramServicesAmt19872
IRS990/OtherExpensesGrp/TotalAmt031423
IRS990/OtherExpensesGrp/TotalAmt112604
IRS990/OtherExpensesGrp/TotalAmt29872
IRS990/OtherExpensesGrp/TotalAmt33177
IRS990/OtherLiabilitiesGrp/BOYAmt02179
IRS990/OtherLiabilitiesGrp/EOYAmt02145
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071436
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt068562
IRS990/OtherSalariesAndWagesGrp/TotalAmt0139998
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06277
IRS990/PayrollTaxesGrp/ProgramServicesAmt09836
IRS990/PayrollTaxesGrp/TotalAmt016113
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL HOLLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0BASKETBALL CLINICS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0222079
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0222079
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt021050
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0100
IRS990/PYInvestmentIncomeAmt0250
IRS990/PYOtherExpensesAmt071798
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0232247
IRS990/PYRevenuesLessExpensesAmt0-25079
IRS990/PYSalariesCompEmpBnftPaidAmt0206728
IRS990/PYTotalExpensesAmt0278626
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0253547
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-28302
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0222079
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt036866
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08564
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt064500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt021050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt097000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt036000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0221550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt021050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010050
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0101250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0237425
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0221934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0232247
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0250536
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0268901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0270482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01244100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85050
IRS990ScheduleA/PublicSupportPY509Pct00.85720
IRS990ScheduleA/PublicSupportTotal509Amt01259975
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt064500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt021050
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt097000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt036000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0221550
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0286434
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0253297
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0260586
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0370151
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0311057
IRS990ScheduleA/Total509Grp/TotalAmt01481525
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0286436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0253297
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0260586
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0370151
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0311057
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01481527
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011491
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt011491
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02132
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt113
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt06800
IRS990ScheduleD/OtherSecuritiesGrp/Desc0GEORGIA BANCSHARES STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt06800
IRS990ScheduleD/TotalLiabilityAmt02145
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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt039758
IRS990/TotalAssetsEOYAmt010718
IRS990/TotalAssetsGrp/BOYAmt039758
IRS990/TotalAssetsGrp/EOYAmt010718
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt064500
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0120202
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0194681
IRS990/TotalFunctionalExpensesGrp/TotalAmt0314883
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02892
IRS990/TotalLiabilitiesEOYAmt02154
IRS990/TotalLiabilitiesGrp/BOYAmt02892
IRS990/TotalLiabilitiesGrp/EOYAmt02154
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt036866
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08564
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0194681
IRS990/TotalProgramServiceRevenueAmt0222079
IRS990/TotalReportableCompFromOrgAmt071765
IRS990/TotalRevenueGrp/ExclusionAmt02
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0222079
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0286581
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt039758
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010718
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 448
IRS990/USAddress/CityNm0APEX
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd0275020448
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.NETWORKSBASKETBALL.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-11-06 18:47:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HOLLIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09192338801
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NETWORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0NETW
ReturnHeader/Filer/EIN0561844934
ReturnHeader/Filer/PhoneNum09192338801
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 448
ReturnHeader/Filer/USAddress/CityNm0APEX
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0275020448
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01D973A2CB9B8D2A73A891607673E20E967BE5998
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.129.204.105
ReturnHeader/FilingSecurityInformation/IPDt02020-06-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:08:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570381582
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELLIOTT DAVIS LLCPLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05410 TRINITY ROAD SUITE 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0276076003
ReturnHeader/PreparerPersonGrp/PhoneNum09197837073
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN LUNSFORD
ReturnHeader/ReturnTs02020-06-22T13:54:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,718
Liabilities
$2,154
Net assets
$8,564
Revenue
$286,581
Expenses
$314,883
Net income
-$28,302
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