Civic Intelligence

Pace Group Inc.

990EZ • Fiscal year 2018 • EIN 56-2016907

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 03, 2018

PO Box 1485Thomasville, NC 27361

(336) 476-1597

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$193,232

Down $37,231 (-16%) from 2017

Net Assets

Down

$193,232

Down $37,231 (-16%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses

Revenue

Down

-$25,587

Down $91,971 (-139%) from 2017

Expenses

Up

$11,644

Up $3,972 (+52%) from 2017

Net Income

Down

-$37,231

Down $95,943 (-163%) from 2017

Historical Trend

Balance Sheet Trend

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

$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

2018

Assets$193,232
Liabilities$0
Net Assets$193,232

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue-$25,587
Expenses$11,644
Net Income-$37,231
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 3, 2018
Return Version
2017v2.3
Gross Receipts
$180,081
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.-$6,507
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM GREGORYPresident-$0--
BEN WATFORDVice Preside-$0--
ELIZABETH HINKLESecretary-$0--
VICKIE HOLDERTreasurer-$0--
BETTY ALMONDMember-$0--
NANCY HIGGINS HORNERMember-$0--
PETE DAVISMember-$0--
DOUG ELLIOTTMember-$0--
SARA FAULKNERMember-$0--
SUE HUNTERMember-$0--
GRACE KANOYMember-$0--
ALDEEN ROBBINSMember-$0--
BERTA RILEYMember-$0--
STEVE SWANEYMember-$0--
CORY TOBINMember-$0--
NEAL GRIMESMember-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Vickie Holder
Title
Treasurer
Signed
2018-10-03

Preparer

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

Additional Explanations

Form 990-ez

The three year downtown building revitalization project was completed this year. Proceeds from the project this year total 132,500. Previously capitalized renovation costs and closing costs have been expensed this year of 205,311. Revenues and expenses have been reported on the cash basis.

Form 990-ez, Part I, Line 16

Expenses office expenses 754 insurance 829 board retreat 100 courtyard expenses 140 facade grant- restricted 3,869 farmer's market other 811 meals & entertainment 302 miscellaneous 52 special event movie pace 790 total 7,647

Form 990-ez, Part II, Line 24

Building/renovation costs in process 182,042 0 total 182,042 0

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 Appendix196 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIM GREGORY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3VICKIE HOLDER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm15NEAL GRIMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE THREE YEAR DOWNTOWN BUILDING REVITALIZATION PROJECT WAS COMPLETED THIS YEAR. PROCEEDS FROM THE PROJECT THIS YEAR TOTAL 132,500. PREVIOUSLY CAPITALIZED RENOVATION COSTS AND CLOSING COSTS HAVE BEEN EXPENSED THIS YEAR OF 205,311. REVENUES AND EXPENSES HAVE BEEN REPORTED ON THE CASH BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE EXPENSES 754 INSURANCE 829 BOARD RETREAT 100 COURTYARD EXPENSES 140 FACADE GRANT- RESTRICTED 3,869 FARMER'S MARKET OTHER 811 MEALS & ENTERTAINMENT 302 MISCELLANEOUS 52 SPECIAL EVENT MOVIE PACE 790 TOTAL 7,647
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUILDING/RENOVATION COSTS IN PROCESS 182,042 0 TOTAL 182,042 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKIE HOLDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PACE GROUP INC
ReturnHeader/Filer/BusinessNameControlTxt0PACE
ReturnHeader/Filer/EIN0562016907
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1485
ReturnHeader/Filer/USAddress/CityNm0THOMASVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027361
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EC3CFB9FF873EC89FAAF1F420748751FA338FCC8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId089CA6AAFACC2D57C1577A673FD5D91879E0589D1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-10-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:34:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562105122
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALLARD SURRATT & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 SALEM STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0THOMASVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0273603945
ReturnHeader/PreparerPersonGrp/PhoneNum03364723434
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS A BALLARD
ReturnHeader/ReturnTs02018-10-09T13:34:42-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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