Civic Intelligence

Pace Group Inc.

EIN 56-2016907 • 501(c)3 • Thomasville, NC

Pub. 78 Eligible990-N CoverageNTEE S20

Profile

To establish an atmosphere of cooperation between the city of thomasville downtown merchants, property owners, officials and area residents, and create an environment suitable for revitalization of the city of thomasville downtown area.

PO Box 1485Thomasville, NC 27361

www.pacethomasville.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

74th percentile

19%

Higher net margin than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Revenue Growth

57th percentile

4.4%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2025

Assets

Up

$345,946

Up $9,053 (+2.7%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$345,946

Up $9,053 (+2.7%) from 2024

Revenue

Down

$46,996

Down $871 (-1.8%) from 2024

Expenses

Up

$37,943

Up $10,011 (+36%) from 2024

Net Income

Down

$9,053

Down $10,882 (-55%) from 2024

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $66,248Liabilities 2012: $02012Assets 2016: $171,751Liabilities 2016: $0Net Assets 2016: $171,7512016Assets 2017: $230,463Liabilities 2017: $0Net Assets 2017: $230,4632017Assets 2018: $193,232Liabilities 2018: $0Net Assets 2018: $193,2322018Assets 2019: $218,083Liabilities 2019: $0Net Assets 2019: $218,0832019Assets 2020: $190,834Liabilities 2020: $0Net Assets 2020: $190,8342020Assets 2021: $206,361Liabilities 2021: $0Net Assets 2021: $206,3612021Assets 2022: $236,990Liabilities 2022: $0Net Assets 2022: $236,9902022Assets 2023: $316,958Liabilities 2023: $0Net Assets 2023: $316,9582023Assets 2024: $336,893Liabilities 2024: $0Net Assets 2024: $336,8932024Assets 2025: $345,946Net Assets 2025: $345,9462025

Highlighted filing

2025

Assets$345,946
Liabilities-
Net Assets$345,946

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $36,709Expenses 2012: $33,863Net Income 2012: $2,8462012Revenue 2016: $84,089Expenses 2016: $14,860Net Income 2016: $69,2292016Revenue 2017: $66,384Expenses 2017: $7,672Net Income 2017: $58,7122017Revenue 2018: -$25,587Expenses 2018: $11,644Net Income 2018: -$37,2312018Revenue 2019: $35,638Expenses 2019: $10,787Net Income 2019: $24,8512019Revenue 2020: $37,138Expenses 2020: $64,387Net Income 2020: -$27,2492020Revenue 2021: $34,852Expenses 2021: $19,325Net Income 2021: $15,5272021Revenue 2022: $41,248Expenses 2022: $10,619Net Income 2022: $30,6292022Revenue 2023: $96,359Expenses 2023: $16,391Net Income 2023: $79,9682023Revenue 2024: $47,867Expenses 2024: $27,932Net Income 2024: $19,9352024Revenue 2025: $46,996Expenses 2025: $37,943Net Income 2025: $9,0532025

Highlighted filing

2025

Revenue$46,996
Expenses$37,943
Net Income$9,053

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 25, 2025
Return Version
2024v5.0
Gross Receipts
$47,843
Mission and Program Overview

Mission

To establish an atmosphere of cooperation between the city of thomasville downtown merchants, property owners, officials and area residents, and create an environment suitable for revitalization of the city of thomasville downtown area.

Program Services

DescriptionGrantsExpenses
REVITALIZATION AND COOPERATION PROGRAMS FOR THE DOWNTOWN AREA.$12,929$17,591
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEN WATFORDPresident-$0--
PRISCILLA OLDAKERVice Preside-$0--
ELIZABETH HINKLESecretary-$0--
VICKIE HOLDERTreasurer-$0--
CORY TOBINAsst Treasur-$0--
TAMARA JOYCEMember-$0--
JIM GREGORYMember-$0--
GRACE KANOYMember-$0--
NICOLETTE JACOBSENMember-$0--
STEVE TEGLASMember-$0--
JILL SIMPSONMember-$0--
Filing and Contact Details

Filer

Filer Name
The Pace Group Inc
EIN
56-2016907
Phone
3364761597
Address
PO BOX 1485, THOMASVILLE, NC 27361

Signing Officer

Name
Vickie Holder
Title
Treasurer
Phone
3364761597
Signed
2025-11-25

Preparer

Firm
Ballard Surratt & Co Pa
Address
100 SALEM ST, THOMASVILLE, NC 27360-3945
Preparer
Thomas a Ballard
Phone
3364723434
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Insurance claim 4,088 total 4,088

Form 990-ez, Part I, Line 10

Name: 1 facade grant local businesses address: east and west main st thomasville, nc 27360 cash contribution: 12,929

Form 990-ez, Part I, Line 16

Expenses advertising 880 office expenses 136 insurance 3,009 board retreat 146 dues & subscriptions 1,694 feasibility study 8,500 meals and entertainment 367 murals project 2,500 miscellaneous 483 painted piano project 1,672 special event pace movie 490 square fees 20 taxes & licenses 152 total 20,049

Form 990-ez, Part II, Line 24

Building/renovation costs in process 200,280 200,280 total 200,280 200,280

Form 990-ez, Part III

To establish an atmosphere of cooperation between the city of thomasville downtown merchants, property owners, officials and area residents, and create an environment suitable for revitalization of the city of thomasville downtown area.

Raw XML Appendix186 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSURANCE CLAIM 4,088 TOTAL 4,088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: 1 FACADE GRANT LOCAL BUSINESSES ADDRESS: EAST AND WEST MAIN ST THOMASVILLE, NC 27360 CASH CONTRIBUTION: 12,929
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 880 OFFICE EXPENSES 136 INSURANCE 3,009 BOARD RETREAT 146 DUES & SUBSCRIPTIONS 1,694 FEASIBILITY STUDY 8,500 MEALS AND ENTERTAINMENT 367 MURALS PROJECT 2,500 MISCELLANEOUS 483 PAINTED PIANO PROJECT 1,672 SPECIAL EVENT PACE MOVIE 490 SQUARE FEES 20 TAXES & LICENSES 152 TOTAL 20,049
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUILDING/RENOVATION COSTS IN PROCESS 200,280 200,280 TOTAL 200,280 200,280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ESTABLISH AN ATMOSPHERE OF COOPERATION BETWEEN THE CITY OF THOMASVILLE DOWNTOWN MERCHANTS, PROPERTY OWNERS, OFFICIALS AND AREA RESIDENTS, AND CREATE AN ENVIRONMENT SUITABLE FOR REVITALIZATION OF THE CITY OF THOMASVILLE DOWNTOWN AREA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKIE HOLDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03364761597
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PACE GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0PACE
ReturnHeader/Filer/EIN0562016907
ReturnHeader/Filer/PhoneNum03364761597
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALLARD SURRATT & CO PA
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ReturnHeader/PreparerPersonGrp/PhoneNum03364723434
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS A BALLARD
ReturnHeader/ReturnTs02025-12-02T08:32:39-05:00
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ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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