Civic Intelligence

East Carolina Development Co Inc

EIN 56-2044953 • 501(c)3 • Kinston, NC

Profile

EXPAND SMALL BUSINESSES

2910 W Vernon AvenueKinston, NC 28504

n/A

Siviq Scores

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

Liabilities / Assets

100th percentile

847945.00x

Higher debt load relative to assets than 100% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2017

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2017

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets100th percentile

Assets

Flat

$0

Flat from 2016

Liabilities

Up

$847,945

Up $135,437 (+19%) from 2016

Net Assets

Down

-$847,945

Down $135,437 (-19%) from 2016

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $121,150 (-100%) from 2016

Expenses

Down

$0

Down $477 (-100%) from 2016

Net Income

Down

$0

Down $120,673 (-100%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth49th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $5,698,409Liabilities 2010: $5,195,121Net Assets 2010: $503,2882010Assets 2011: $5,635,070Liabilities 2011: $5,237,161Net Assets 2011: $397,9092011Assets 2012: $4,504,885Liabilities 2012: $4,843,545Net Assets 2012: -$338,6602012Assets 2013: $4,371,312Liabilities 2013: $4,603,022Net Assets 2013: -$231,7102013Assets 2014: $3,877,849Liabilities 2014: $4,117,428Net Assets 2014: -$239,5792014Assets 2015: $0Liabilities 2015: $834,447Net Assets 2015: -$834,4472015Assets 2016: $0Liabilities 2016: $712,508Net Assets 2016: -$712,5082016Assets 2017: $0Liabilities 2017: $847,945Net Assets 2017: -$847,9452017

Highlighted filing

2017

Assets$0
Liabilities$847,945
Net Assets-$847,945
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

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

$1.0M$500K$0Expenses 2010: $468,7722010Expenses 2011: $326,0702011Expenses 2012: $918,2302012Revenue 2013: $249,214Expenses 2013: $160,697Net Income 2013: $88,5172013Revenue 2014: $104,118Expenses 2014: $92,410Net Income 2014: $11,7082014Revenue 2015: $19,497Expenses 2015: $1,950Net Income 2015: $17,5472015Revenue 2016: $121,150Expenses 2016: $477Net Income 2016: $120,6732016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017

Highlighted filing

2017

Revenue$0
Expenses$0
Net Income$0
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$847,945
Net assets
-$847,945
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.85$0.85$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.71$0.71$0.12$0.00$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.83$0.83$0.02$0.00$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.88$4.12$0.24$0.10$0.09$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.37$4.60$0.23$0.25$0.16$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.50$4.84$0.34$0.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.64$5.24$0.40$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.70$5.20$0.50$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jul 31, 2018
Return Version
2016v3.0
Mission and Program Overview

Mission

EXPAND SMALL BUSINESSES

Program Services

DescriptionGrantsExpenses
USDA funds for the purpose of expanding small business were transferred to a similar agency with the approval of the USDA in a prior tax year (FYE 9-30-2015).--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LLOYD MOODYChairman-$0--
MISTY CHASEDirector-$0--
CHAD KORNEGAYDirector-$0--
Filing and Contact Details

Filer

Filer Name
East Carolina Development Co Inc
EIN
56-2044953
Phone
2525222966
Address
2910 W VERNON AVENUE, KINSTON, NC 28504

Signing Officer

Name
Lloyd Moody
Title
Chairman
Signed
2018-07-31
Discuss with paid preparer
Yes

Preparer

Firm
Lloyd Moody CPA
Address
2910 W Vernon Ave, Kinston, NC 28504
Preparer
Lloyd Moody
Phone
2525222966
Supplemental Narrative

Additional Explanations

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $40369 Accounts Payable and Accrued Expenses - Ending $0”

Total Liabilities.1007

“Secured Mortgages and Notes Payable - Beginning $672139 Secured Mortgages and Notes Payable - Ending $0”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $847945”

Raw XML Appendix126 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LLOYD MOODY
IRS990EZ/BooksInCareOfDetail/PhoneNum02525222966
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02910 WEST VERNON AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KINSTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028504
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-712508
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-847945
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-712508
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-847945
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LLOYD MOODY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MISTY CHASE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHAD KORNEGAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-135437
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EXPAND SMALL BUSINESSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0USDA funds for the purpose of expanding small business were transferred to a similar agency with the approval of the USDA in a prior tax year (FYE 9-30-2015).
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0712508
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0847945
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt077640
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0100335
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012117
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt031741
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018618
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt062476
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0121150
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt056130
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt065958
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt080218
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0323456
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0100335
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022695
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt077640
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0100335
IRS990ScheduleA/TotalSupportAmt0486267
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Accounts Payable and Accrued Expenses - Beginning $40369 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Secured Mortgages and Notes Payable - Beginning $672139 Secured Mortgages and Notes Payable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $847945
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.1008
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lloyd Moody
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAST CAROLINA DEVELOPMENT CO INC
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0562044953
ReturnHeader/Filer/PhoneNum02525222966
ReturnHeader/Filer/USAddress/AddressLine1Txt02910 W VERNON AVENUE
ReturnHeader/Filer/USAddress/CityNm0KINSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028504
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lloyd Moody CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02910 W Vernon Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kinston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028504
ReturnHeader/PreparerPersonGrp/PhoneNum02525222966
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lloyd Moody
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-08-07T05:23:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

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