Civic Intelligence

The Southeastern Partnership II

EIN 56-1974942 • 501(c)3 • Elizabethtown, NC

Profile

To maintain information system and assist with economic development in the region of southeeastern nc

Post Office Box 2556Elizabethtown, NC 28337

www.ncse.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

99th percentile

943%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

100th percentile

10250%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$1,112,439

Up $1,005,735 (+943%) from 2024

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Up

$1,112,439

Up $1,005,735 (+943%) from 2024

Operations
Liabilities / Revenue19th percentileNet Margin99th percentile

Revenue

Up

$1,035,195

Up $1,025,193 (+10250%) from 2024

Expenses

Up

$9,460

Up $7,382 (+355%) from 2024

Net Income

Up

$1,025,735

Up $1,017,811 (+12845%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $98,963Liabilities 2011: $2,320Net Assets 2011: $96,6432011Assets 2012: $58,506Net Assets 2012: $58,5062012Assets 2013: $175,442Liabilities 2013: $02013Assets 2014: $148,911Liabilities 2014: $7,700Net Assets 2014: $141,2112014Assets 2015: $124,197Liabilities 2015: $612Net Assets 2015: $123,5852015Assets 2016: $135,377Net Assets 2016: $135,3772016Assets 2017: $125,288Net Assets 2017: $125,2882017Assets 2018: $116,212Net Assets 2018: $116,2122018Assets 2019: $119,096Net Assets 2019: $119,0962019Assets 2020: $122,010Net Assets 2020: $122,0102020Assets 2021: $122,934Net Assets 2021: $122,9342021Assets 2022: $110,858Net Assets 2022: $110,8582022Assets 2023: $118,780Liabilities 2023: $02023Assets 2024: $106,704Net Assets 2024: $106,7042024Assets 2025: $1,112,439Liabilities 2025: $0Net Assets 2025: $1,112,4392025

Highlighted filing

2025

Assets$1,112,439
Liabilities$0
Net Assets$1,112,439
Open 2025 Filing

Operations Trend

Revenue Growth100th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $642Expenses 2011: $12,790Net Income 2011: -$12,1482011Revenue 2012: $257Expenses 2012: $38,394Net Income 2012: -$38,1372012Revenue 2013: $126,289Expenses 2013: $9,353Net Income 2013: $116,9362013Revenue 2014: $465,289Expenses 2014: $499,520Net Income 2014: -$34,2312014Revenue 2015: $70Expenses 2015: $17,696Net Income 2015: -$17,6262015Revenue 2016: $13,979Expenses 2016: $2,187Net Income 2016: $11,7922016Revenue 2017: $10,004Expenses 2017: $20,093Net Income 2017: -$10,0892017Revenue 2018: $5,003Expenses 2018: $14,079Net Income 2018: -$9,0762018Revenue 2019: $72,068Expenses 2019: $69,184Net Income 2019: $2,8842019Revenue 2020: $44,702Expenses 2020: $41,788Net Income 2020: $2,9142020Revenue 2021: $40,003Expenses 2021: $25,000Net Income 2021: $15,0032021Revenue 2022: $5,0022022Revenue 2023: $10,001Expenses 2023: $0Net Income 2023: $10,0012023Revenue 2024: $10,002Expenses 2024: $2,078Net Income 2024: $7,9242024Revenue 2025: $1,035,195Expenses 2025: $9,460Net Income 2025: $1,025,7352025

Highlighted filing

2025

Revenue$1,035,195
Expenses$9,460
Net Income$1,025,735
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,112,439
Liabilities
$0
Net assets
$1,112,439
Revenue
$1,035,195
Expenses
$9,460
Net income
$1,025,735
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$1.04$0.01$1.03
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.01$0.00$0.01
2023Summary only. Only limited summary data is available for this year.$0.12$0.00$0.01$0.00$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.04$0.03$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.04$0.04$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.07$0.07$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.01$0.01$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.01$0.02$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.01$0.00$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.00$0.02$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.47$0.50$0.03
2013Summary only. Only limited summary data is available for this year.$0.18$0.00$0.13$0.01$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.00$0.04$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.00$0.01$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 24, 2025
Return Version
2024v5.0
Gross Receipts
$1,035,195
Mission and Program Overview

Mission

To maintain information system and assist with economic development in the region of southeeastern nc

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$10,371$718,184▲ $707,813
Other Notes and Loans Receivable, Net-$300,000-
Land, Buildings, and Equipment, Net$96,333$94,255▼ $2,078
Total Assets$106,704$1,112,439▲ $1,005,735
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$106,704$1,112,439▲ $1,005,735
Total Net Assets Fund Balance$106,704$1,112,439▲ $1,005,735
Total Liabilities and Net Assets / Fund Balance$106,704$1,112,439▲ $1,005,735

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,398$104,923$132,321
Land$66,857-$66,857
Other Land Buildings-$28,001$28,001
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Steve YostPresident
Allen BryantDirector
Chris IsleyDirector
Deepal EliatambyDirector
Drew CovertDirector
Jason McleodDirector
Jeremy PhillipsDirector
Jimmy SmithDirector
John NelmnsDirector
Spence BroadhurstDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,013,000
Program Service Revenue
$0
Investment Income
$22,195
Other Revenue
$0
All Other Contributions
$1,013,000
Change in Net Assets
$1,025,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,460
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
Fees for Services Legal-$7,381-$7,381
Depreciation Depletion$2,079--$2,079
Total Functional Expenses$2,079$7,381$0$9,460
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
Backup withholding compliance
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Southeastern Partnership Ii
EIN
56-1974942
Phone
9108628511
Address
POST OFFICE BOX 2556, ELIZABETHTOWN, NC 28337

Signing Officer

Name
Steve Yost
Title
President
Phone
9108628511
Signed
2025-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Yost
Voting Board Members
51
Independent Board Members
51
Employees
0

Preparer

Firm
S Preston Douglas & Associates Llp
Address
PO BOX 860, WHITEVILLE, NC 28472-0860
Preparer
Matthew S Mclean
Phone
9106426692
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Transfers to sep, inc -20,000”

Raw XML Appendix297 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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IRS990/BooksInCareOfDetail/PersonNm0STEVE YOST
IRS990/BooksInCareOfDetail/PhoneNum09108628511
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0POST OFFICE BOX 2556
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0707 WEST BROAD STREET
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRANSFERS TO SEP, INC -20,000
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01112439
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2556
IRS990/USAddress/AddressLine2Txt0707 WEST BROAD STREET
IRS990/USAddress/CityNm0ELIZABETHTOWN
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028337
IRS990/VotingMembersGoverningBodyCnt051
IRS990/VotingMembersIndependentCnt051
IRS990/WebsiteAddressTxt0WWW.NCSE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE YOST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09108628511
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SOUTHEASTERN PARTNERSHIP II
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0561974942
ReturnHeader/Filer/PhoneNum09108628511
ReturnHeader/Filer/USAddress/AddressLine1Txt0POST OFFICE BOX 2556
ReturnHeader/Filer/USAddress/CityNm0ELIZABETHTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028337
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560731535
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0S PRESTON DOUGLAS & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 860
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHITEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0284720860
ReturnHeader/PreparerPersonGrp/PhoneNum09106426692
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW S MCLEAN
ReturnHeader/ReturnTs02025-11-21T09:08:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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