Civic Intelligence

Pace Group Inc.

990EZ • Fiscal year 2021 • EIN 56-2016907

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 14, 2021

PO Box 1485Thomasville, NC 27361

(336) 476-1597

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

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

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

52nd percentile

0.00x

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

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Net Margin

82nd percentile

45%

Higher net margin than 82% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Asset Growth

54th percentile

8.1%

Faster asset growth than 54% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

43rd percentile

-6.2%

Faster revenue growth than 43% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$206,361

Up $15,527 (+8.1%) from 2020

Net Assets

Up

$206,361

Up $15,527 (+8.1%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$34,852

Down $2,286 (-6.2%) from 2020

Expenses

Down

$19,325

Down $45,062 (-70%) from 2020

Net Income

Up

$15,527

Up $42,776 (+157%) from 2020

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

2021

Assets$206,361
Liabilities$0
Net Assets$206,361

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

2021

Revenue$34,852
Expenses$19,325
Net Income$15,527
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 14, 2021
Return Version
2020v4.0
Gross Receipts
$36,196
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.$9,200$13,419
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG ELLIOTTPresident-$0--
PAXTON TAYLORVice Preside-$0--
ELIZABETH HINKLESecretary-$0--
VICKIE HOLDERTreasurer-$0--
CORY TOBINAsst Treasur-$0--
SARA FAULKNERMember-$0--
JIM GREGORYMember-$0--
SUE HUNTERMember-$0--
GRACE KANOYMember-$0--
MARTHA LARSONMember-$0--
NICOLETTE JACOBSENMember-$0--
BERTA RILEYMember-$0--
BEN WATFORDMember-$0--
BOBBY GOLDINGMember-$0--
RITA JUPINMember-$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
2021-10-14

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

Pace group incurred and paid 12,240 in renovation costs for the current downtown revitalization project which began during a prior fiscal year.

Form 990-ez, Part I, Line 10

Name: 1 facade grant local businesses address: e & w main st thomasville, nc 27360 cash contribution: 7,200

Form 990-ez, Part I, Line 16

Expenses office expenses 33 insurance 1,330 board retreat 210 dues & subscriptions 831 e-store merchandise 1,390 miscellaneous 50 special event pace movie 1,700 taxes & licenses 52 total 5,596

Form 990-ez, Part II, Line 24

Building/renovation costs in process 122,154 134,394 total 122,154 134,394

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 Appendix211 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3VICKIE HOLDER
CompensationExplanation/CompensationExplanationGrp/PersonNm4CORY TOBIN
CompensationExplanation/CompensationExplanationGrp/PersonNm5SARA FAULKNER
CompensationExplanation/CompensationExplanationGrp/PersonNm6JIM GREGORY
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherExpensesTotalAmt05596
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IRS990EZ/PrimaryExemptPurposeTxt0TO 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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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PACETHOMASVILLE.ORG
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PACE GROUP INCURRED AND PAID 12,240 IN RENOVATION COSTS FOR THE CURRENT DOWNTOWN REVITALIZATION PROJECT WHICH BEGAN DURING A PRIOR FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: 1 FACADE GRANT LOCAL BUSINESSES ADDRESS: E & W MAIN ST THOMASVILLE, NC 27360 CASH CONTRIBUTION: 7,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES OFFICE EXPENSES 33 INSURANCE 1,330 BOARD RETREAT 210 DUES & SUBSCRIPTIONS 831 E-STORE MERCHANDISE 1,390 MISCELLANEOUS 50 SPECIAL EVENT PACE MOVIE 1,700 TAXES & LICENSES 52 TOTAL 5,596
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUILDING/RENOVATION COSTS IN PROCESS 122,154 134,394 TOTAL 122,154 134,394
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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
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/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKIE HOLDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-14
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/PreparerFirmGrp/PreparerFirmEIN0562105122
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALLARD SURRATT & CO PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 SALEM ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0THOMASVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0273603945
ReturnHeader/PreparerPersonGrp/PhoneNum03364723434
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS A BALLARD
ReturnHeader/ReturnTs02021-10-21T09:45:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VICKIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOLDER
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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