Civic Intelligence

Morgan Trace Homeowners Association

EIN 56-2073855 • 501(c)4 • Valdese, NC

Profile

Collect monthly due from homeowners pay monthly utilities insurance landscaping maintenance and other fees

PO Box 1236Valdese, NC 28690

n/A

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

54th percentile

3.6%

Higher net margin than 54% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

60th percentile

2.8%

Faster asset growth than 60% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

7.3%

Faster revenue growth than 63% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$129,243

Up $3,510 (+2.8%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$129,243

Up $3,510 (+2.8%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin54th percentile

Revenue

Up

$97,506

Up $6,616 (+7.3%) from 2023

Expenses

Down

$93,996

Down $853 (-0.9%) from 2023

Net Income

Up

$3,510

Up $7,469 (+189%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$150K$100K$50K$0Assets 2020: $46,859Net Assets 2020: $46,8592020Assets 2021: $62,015Net Assets 2021: $62,0152021Assets 2022: $89,711Net Assets 2022: $89,7112022Assets 2023: $125,733Net Assets 2023: $125,7332023Assets 2024: $129,243Net Assets 2024: $129,2432024

Highlighted filing

2024

Assets$129,243
Liabilities-
Net Assets$129,243
Open 2024 Filing

Operations Trend

Revenue Growth63rd percentile

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

$100K$50K$0-$50KRevenue 2020: $89,760Expenses 2020: $82,470Net Income 2020: $7,2902020Revenue 2021: $90,580Expenses 2021: $75,424Net Income 2021: $15,1562021Revenue 2022: $95,400Expenses 2022: $67,704Net Income 2022: $27,6962022Revenue 2023: $90,890Expenses 2023: $94,849Net Income 2023: -$3,9592023Revenue 2024: $97,506Expenses 2024: $93,996Net Income 2024: $3,5102024

Highlighted filing

2024

Revenue$97,506
Expenses$93,996
Net Income$3,510
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,243
Liabilities
-
Net assets
$129,243
Revenue
$97,506
Expenses
$93,996
Net income
$3,510
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.29$1.29$0.98$0.94$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.26$1.26$0.91$0.95$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.90$0.95$0.68$0.28
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.62$0.91$0.75$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.47$0.47$0.90$0.82$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 4, 2025
Return Version
2024v5.1
Gross Receipts
$97,506
Mission and Program Overview

Mission

Collect monthly due from homeowners pay monthly utilities insurance landscaping maintenance and other fees

Collect monthly dues from homeowners & pay montly utilities insurance landscaping maintenance and other fees

Program Services

DescriptionGrantsExpenses
COLLECT MONTHLY DUES FROM HOMEOWNERS & PAY MONTLY UTILITIES INSURANCE LANDSCAPING MAINTENANCE AND OTHER FEES - AMOUNT SHOWS THE NET INCREASE AFTER COLLECTIONS AND EXPENSES$0$3,510
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUG SCALISEPresident-$0--
GARY OGLEVice President-$0--
JACKIE STEELESecretary-$0--
PAT MOLLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Morgan Trace Homeowners Association
EIN
56-2073855
Address
PO Box 1236, VALDESE, NC 28690

Signing Officer

Name
Douglas
Title
Knight
Phone
8282015562
Signed
2025-11-04
Raw XML Appendix97 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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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Knight Accounting Services
IRS990EZ/BooksInCareOfDetail/PhoneNum08282015562
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0120 PHILIP AVE NE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALDESE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028690
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0125733
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0129243
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03510
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05046
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0125733
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0129243
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt097506
IRS990EZ/InvestmentIncomeAmt061
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt097445
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0125733
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0129243
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0125733
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0129243
IRS990EZ/OccupancyRentUtltsAndMaintAmt088621
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DOUG SCALISE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GARY OGLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JACKIE STEELE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAT MOLL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COLLECT MONTHLY DUES FROM HOMEOWNERS & PAY MONTLY UTILITIES INSURANCE LANDSCAPING MAINTENANCE AND OTHER FEES
IRS990EZ/PrintingPublicationsPostageAmt0329
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COLLECT MONTHLY DUES FROM HOMEOWNERS & PAY MONTLY UTILITIES INSURANCE LANDSCAPING MAINTENANCE AND OTHER FEES - AMOUNT SHOWS THE NET INCREASE AFTER COLLECTIONS AND EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03510
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt093996
IRS990EZ/TotalProgramServiceExpensesAmt03510
IRS990EZ/TotalRevenueAmt097506
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUGLAS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0KNIGHT
ReturnHeader/BusinessOfficerGrp/PhoneNum08282015562
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORGAN TRACE HOMEOWNERS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MORG
ReturnHeader/Filer/EIN0562073855
ReturnHeader/Filer/ForeignPhoneNum08282015562
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1236
ReturnHeader/Filer/USAddress/CityNm0VALDESE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028690
ReturnHeader/ReturnTs02025-11-03T12:01:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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