Civic Intelligence

Davidson Progress Inc

990EZ • Fiscal year 2016 • EIN 56-1874123

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 03, 2016

Organization ProfileNA
PO Box 2013Lexington, NC 27293

(336) 243-1900

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

7th percentile

-39%

Higher net margin than 7% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

11th percentile

-30%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

37%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$63,940

Down $26,969 (-30%) from 2015

Net Assets

$63,940

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin7th percentile

Revenue

Up

$68,729

Up $18,514 (+37%) from 2015

Expenses

Up

$95,698

Up $60,428 (+171%) from 2015

Net Income

Down

-$26,969

Down $41,914 (-280%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$300K$200K$100K$0Assets 2010: $260,511Net Assets 2010: $260,5112010Assets 2012: $195,255Liabilities 2012: $0Net Assets 2012: $195,2552012Assets 2013: $169,091Liabilities 2013: $02013Assets 2014: $75,964Liabilities 2014: $02014Assets 2015: $90,909Liabilities 2015: $02015Assets 2016: $63,940Liabilities 2016: $0Net Assets 2016: $63,9402016Assets 2017: $85,946Liabilities 2017: $0Net Assets 2017: $85,9462017Assets 2018: $83,245Liabilities 2018: $0Net Assets 2018: $83,2452018Assets 2019: $72,979Liabilities 2019: $0Net Assets 2019: $72,9792019Assets 2020: $70,012Liabilities 2020: $0Net Assets 2020: $70,0122020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2016

Assets$63,940
Liabilities$0
Net Assets$63,940
Open 2016 Filing

Operations Trend

Revenue Growth89th percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2010: $8,440Expenses 2010: $36,811Net Income 2010: -$28,3712010Revenue 2012: $4,836Expenses 2012: $31,534Net Income 2012: -$26,6982012Revenue 2013: $1,254Expenses 2013: $27,418Net Income 2013: -$26,1642013Revenue 2014: $11,257Expenses 2014: $104,384Net Income 2014: -$93,1272014Revenue 2015: $50,215Expenses 2015: $35,270Net Income 2015: $14,9452015Revenue 2016: $68,729Expenses 2016: $95,698Net Income 2016: -$26,9692016Revenue 2017: $74,622Expenses 2017: $52,616Net Income 2017: $22,0062017Revenue 2018: $22,720Expenses 2018: $25,421Net Income 2018: -$2,7012018Revenue 2019: $274Expenses 2019: $10,540Net Income 2019: -$10,2662019Revenue 2020: $143Expenses 2020: $3,110Net Income 2020: -$2,9672020Revenue 2021: $105Expenses 2021: $70,117Net Income 2021: -$70,0122021

Highlighted filing

2016

Revenue$68,729
Expenses$95,698
Net Income-$26,969
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 3, 2016
Return Version
2015v2.1
Gross Receipts
$68,729
Mission and Program Overview

Mission

Support industrial development in dc nc

Program Services

DescriptionGrantsExpenses
SUPPORT OF DAVIDSON EDC--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBIN TEAMChairman-$0--
TOM SMITHVice Chairman-$0--
WALTER ROUSESecretary-$0--
ED JORDANTreasurer-$0--
WAYNE WILKINSDirector-$0--
DIXIE KEARNSDirector-$0--
MARVIN SMITHDirector-$0--
TOMMY HEDRICKDirector-$0--
STEVE GOOGEDirector-$0--
MARY RITTLINGDirector-$0--
BURR SULLIVANDirector-$0--
RON SINKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Davidson Progress Inc
EIN
56-1874123
Address
PO BOX 2013, LEXINGTON, NC 27293

Signing Officer

Name
Robin Team
Title
Chairman
Phone
3362431900
Signed
2016-11-03
Discuss with paid preparer
Yes

Preparer

Firm
Eddie Carrick CPA PC
Address
151 Young Drive, Lexington, NC 27292
Preparer
Eddie Carrick CPA
Phone
3362492545
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description amountinsurance 576funding to davidson edc 25,000reimbursements for economic develop 68,822”

Raw XML Appendix161 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LEXINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027293
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090909
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBIN TEAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TOM SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WALTER ROUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ED JORDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WAYNE WILKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DIXIE KEARNS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MARVIN SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7TOMMY HEDRICK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10BURR SULLIVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11RON SINK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt094398
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT INDUSTRIAL DEVELOPMENT IN DC NC
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SUPPORT OF DAVIDSON EDC
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IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTINSURANCE 576FUNDING TO DAVIDSON EDC 25,000REIMBURSEMENTS FOR ECONOMIC DEVELOP 68,822
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBIN TEAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03362431900
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAVIDSON PROGRESS INC
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0561874123
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2013
ReturnHeader/Filer/USAddress/CityNm0LEXINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027293
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0451563674
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eddie Carrick CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0151 Young Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027292
ReturnHeader/PreparerPersonGrp/PhoneNum03362492545
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Eddie Carrick CPA
ReturnHeader/ReturnTs02016-11-03T09:40:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,940
Liabilities
$0
Net assets
$63,940
Revenue
$68,729
Expenses
$95,698
Net income
-$26,969
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.70$0.70
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.00$0.03$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.00$0.11$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.23$0.25$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.75$0.53$0.22
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.69$0.96$0.27
2015Summary only. Only limited summary data is available for this year.$0.91$0.00$0.50$0.35$0.15
2014Summary only. Only limited summary data is available for this year.$0.76$0.00$0.11$1.04$0.93
2013Summary only. Only limited summary data is available for this year.$1.69$0.00$0.01$0.27$0.26
2012Summary only. Only limited summary data is available for this year.$1.95$0.00$1.95$0.05$0.32$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$2.61$0.08$0.37$0.28