Civic Intelligence

S G Atkins Community Development Corporation

990 • Fiscal year 2022 • EIN 56-2087076

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

Organization ProfileWWW.SGACDC.ORG
1922 S Martin Luther King DriveWinstonsalem, NC 27107

(336) 734-6915

Siviq Scores

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

Liabilities / Assets

58th percentile

0.37x

Higher debt load relative to assets than 58% of similar nonprofits.

2022 filings • NTEE S • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

1.81x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • NTEE S • $5M-$10M nonprofits • Source year 2022

Net Margin

56th percentile

11%

Higher net margin than 56% of similar nonprofits.

2022 filings • NTEE S • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

30th percentile

$93,460

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

2022 filings • NTEE S • $5M-$10M nonprofits • Source year 2022

Asset Growth

51st percentile

3.2%

Faster asset growth than 51% of similar nonprofits.

2022 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

72nd percentile

35%

Faster revenue growth than 72% of similar nonprofits.

2022 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$5,237,337

Up $161,281 (+3.2%) from 2021

Net Assets

Up

$3,303,402

Up $122,265 (+3.8%) from 2021

Liabilities

Up

$1,933,935

Up $39,016 (+2.1%) from 2021

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin56th percentile

Revenue

Up

$1,070,705

Up $277,231 (+35%) from 2021

Expenses

Up

$947,974

Up $115,314 (+14%) from 2021

Net Income

Up

$122,731

Up $161,917 (+413%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,452,831Liabilities 2011: $513,724Net Assets 2011: $1,939,1072011Assets 2012: $3,005,996Liabilities 2012: $20,996Net Assets 2012: $2,985,0002012Assets 2013: $3,141,151Liabilities 2013: $23,206Net Assets 2013: $3,117,9452013Assets 2014: $3,315,679Liabilities 2014: $113,098Net Assets 2014: $3,202,5812014Assets 2015: $4,204,312Liabilities 2015: $107,233Net Assets 2015: $4,097,0792015Assets 2016: $5,041,524Liabilities 2016: $1,574,422Net Assets 2016: $3,467,1022016Assets 2017: $4,981,990Liabilities 2017: $1,585,990Net Assets 2017: $3,396,0002017Assets 2018: $5,627,763Liabilities 2018: $2,259,148Net Assets 2018: $3,368,6152018Assets 2019: $4,982,869Liabilities 2019: $1,740,946Net Assets 2019: $3,241,9232019Assets 2020: $5,009,813Liabilities 2020: $1,789,490Net Assets 2020: $3,220,3232020Assets 2021: $5,076,056Liabilities 2021: $1,894,919Net Assets 2021: $3,181,1372021Assets 2022: $5,237,337Liabilities 2022: $1,933,935Net Assets 2022: $3,303,4022022Assets 2023: $4,819,862Liabilities 2023: $1,768,474Net Assets 2023: $3,051,3882023Assets 2024: $4,658,977Liabilities 2024: $1,754,540Net Assets 2024: $2,904,4372024

Highlighted filing

2022

Assets$5,237,337
Liabilities$1,933,935
Net Assets$3,303,402
Open 2022 Filing

Operations Trend

Revenue Growth72nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,543,978Expenses 2011: $233,372Net Income 2011: $1,310,6062011Revenue 2012: $1,398,767Expenses 2012: $352,874Net Income 2012: $1,045,8932012Revenue 2013: $621,259Expenses 2013: $488,314Net Income 2013: $132,9452013Revenue 2014: $691,162Expenses 2014: $606,526Net Income 2014: $84,6362014Revenue 2015: $1,488,743Expenses 2015: $594,245Net Income 2015: $894,4982015Revenue 2016: $1,396,285Expenses 2016: $2,026,262Net Income 2016: -$629,9772016Revenue 2017: $561,538Expenses 2017: $638,383Net Income 2017: -$76,8452017Revenue 2018: $569,555Expenses 2018: $596,940Net Income 2018: -$27,3852018Revenue 2019: $510,379Expenses 2019: $629,639Net Income 2019: -$119,2602019Revenue 2020: $642,733Expenses 2020: $664,333Net Income 2020: -$21,6002020Revenue 2021: $793,474Expenses 2021: $832,660Net Income 2021: -$39,1862021Revenue 2022: $1,070,705Expenses 2022: $947,974Net Income 2022: $122,7312022Revenue 2023: $812,357Expenses 2023: $1,064,370Net Income 2023: -$252,0132023Revenue 2024: $1,093,151Expenses 2024: $1,240,102Net Income 2024: -$146,9512024

Highlighted filing

2022

Revenue$1,070,705
Expenses$947,974
Net Income$122,731
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$1,403,705
Mission and Program Overview

Mission

Housing restoration and overall economic development in east winston-salem, north carolina along the martin luther king jr. Drive corridor

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,158,458$4,030,142▼ $128,316
Cash and Non-Interest-Bearing Accounts$422,652$533,043▲ $110,391
Inventories for Sale or Use$318,544$318,544→ $0
Pledges and Grants Receivable$34,063$86,377▲ $52,314
Accounts Receivable$26,843$19,630▼ $7,213
Total Assets$5,076,056$5,237,337▲ $161,281
Other Assets Total$115,496$249,601▲ $134,105
Liabilities
Other Liabilities$1,813,090$1,843,205▲ $30,115
Accounts Payable and Accrued Expenses$81,829$90,730▲ $8,901
Total Liabilities$1,894,919$1,933,935▲ $39,016
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,131,137$3,053,402▼ $77,735
Net Assets With Donor Restrictions$50,000$250,000▲ $200,000
Total Net Assets Fund Balance$3,181,137$3,303,402▲ $122,265
Total Liabilities and Net Assets / Fund Balance$5,076,056$5,237,337▲ $161,281

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,786,574$1,088,442$4,875,016
Equipment$28,568$217,638$246,206
Land$215,000-$215,000
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Carol DavisExecutive DirectorFT$93,460$93,460

Board Members and Trustees

NameTitle
Virginia HardestyPresident
Reverend Randell CainVice-president
Evelyn AcreeDirector
Jason ThielDirector
Jill KeithDirector
Katrina Mccoy ScottDirector
Marian Anderson-bookerDirector
Reverend Derwin MontgomeryDirector
Richard G Moye PhdDirector
Timothy McmullenDirector
Tonya McdanielDirector
Kenya ThorntonSecretary
Constance MalletteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$693,275
Program Service Revenue
$332,491
Investment Income
$-9,078
Other Revenue
$54,017
All Other Contributions
$523,670
Change in Net Assets
$122,731

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,070,705
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$90,257
Total Revenue per Audited Statements
$1,160,962
Total Revenue per Form 990
$1,070,705
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$550,223
Salaries, Compensation, and Employee Benefits$372,691
Grants and Similar Amounts Paid$25,060
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$275,228$66,910-$342,138
Depreciation Depletion$129,657$4,010-$133,667
Office Expenses$61,004$131-$61,135
Fees for Services Accounting$14,395$18,000-$32,395
Payroll Taxes$23,095$7,458-$30,553
Grants to Domestic Individuals$25,060--$25,060
Insurance$12,375--$12,375
All Other Expenses$10,101$1,106-$11,207
Travel$10,029--$10,029
Other Expenses$6,949--$6,949
Advertising$2,468$2,094-$4,562
Total Functional Expenses$848,265$99,709$0$947,974

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,038,231
Expenses per Audited Statements$947,974
Total Expenses per Form 990$947,974
Expenses Not Reported on Form 990$90,257
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Note Payable$1,584,000
Note Payable$139,276
Construction Loan$108,770
Security Deposits$11,159
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Organization's process to review form 990 management, board, and certain funding organizations review prior to filing”

Form 990, Part VI, Section C, Line 19

“Documents disclosure explanation all pertinent documents are available for inspection at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Sg Atkins Community Development
EIN
56-2087076
Phone
3367346915
Address
1922 S MARTIN LUTHER KING DRIVE, WINSTONSALEM, NC 27107

Signing Officer

Name
Carol Davis
Title
Executive Director
Phone
3367346915
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Davis
Formed
1998
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
17
Volunteers
0

Preparer

Firm
Dmjps Pllc
Address
703 GREEN VALLEY ROAD SUITE 201, GREENSBORO, NC 27408
Preparer
Amy B Thabet CPA
Phone
3362759886
Supplemental Narrative

Additional Explanations

Form 990, Part XII Line 2C.

“The organization has not changed its process for oversight of the audit or selection for an independent accountant from the prior tax year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from income taxes under internal revenue code (irc) section 501(c)(3). Therefore, no provision for income taxes has been recorded. The organization accounts for uncertain income tax positions by prescribing a minimum probability threshold a tax position must meet before a financial statement income tax benefit is recognized. The minimum threshold is defined as a tax position, based solely on its technical merits, that would more likely than not be sustained upon examination by the relevant tax authority with knowledge of the same facts. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than 50% likely of being realized upon ultimate resolution. Based on all known facts and circumstances and current tax law, the project believes the total amount of uncertain income tax position liabilities and related accrued interest are not material to its financial position. As of june 30, 2022 and including the previous three years considering extensions, the organizations income tax returns are open and subject to examination by tax authorities with relevant jurisdiction. Should such an examination take place, management does not anticipate any significant issues related to the open years.”

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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0565
IRS990/MissionDesc0HOUSING RESTORATION AND OVERALL ECONOMIC DEVELOPMENT IN EAST WINSTON-SALEM, NORTH CAROLINA ALONG THE MARTIN LUTHER KING JR. DRIVE CORRIDOR
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt03303402
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-9101
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IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0131
IRS990/OfficeExpensesGrp/ProgramServicesAmt061004
IRS990/OfficeExpensesGrp/TotalAmt061135
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0115496
IRS990/OtherAssetsTotalGrp/EOYAmt0249601
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ENTERPRISE PROJECT EXPE
IRS990/OtherExpensesGrp/Desc1KITCHEN EXPENSES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3PROJECTS
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IRS990/OtherExpensesGrp/ProgramServicesAmt180917
IRS990/OtherExpensesGrp/ProgramServicesAmt259325
IRS990/OtherExpensesGrp/ProgramServicesAmt36949
IRS990/OtherExpensesGrp/TotalAmt0137662
IRS990/OtherExpensesGrp/TotalAmt180917
IRS990/OtherExpensesGrp/TotalAmt259325
IRS990/OtherExpensesGrp/TotalAmt36949
IRS990/OtherLiabilitiesGrp/BOYAmt01813090
IRS990/OtherLiabilitiesGrp/EOYAmt01843205
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/BusinessCd1532000
IRS990/OtherRevenueMiscGrp/BusinessCd2532000
IRS990/OtherRevenueMiscGrp/Desc0KITCHEN INCOME
IRS990/OtherRevenueMiscGrp/Desc1SELLING FEE - CITY OF
IRS990/OtherRevenueMiscGrp/Desc2GARDEN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt031552
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt116195
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt25705
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031552
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt116195
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt25705
IRS990/OtherRevenueTotalAmt054017
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt066910
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0275228
IRS990/OtherSalariesAndWagesGrp/TotalAmt0342138
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07458
IRS990/PayrollTaxesGrp/ProgramServicesAmt023095
IRS990/PayrollTaxesGrp/TotalAmt030553
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt034063
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt086377
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CAROL DAVIS
IRS990/PriorPeriodAdjustmentsAmt0-466
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1CONFERENCE CENTER INCO
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL INCOME SOHS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0172776
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1123275
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt236440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0172776
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1123275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt236440
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0122731
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0376842
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0693275
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0523894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0345585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0149073
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0260310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01972137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt055
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0141
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0507725
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0507725
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79520
IRS990ScheduleA/PublicSupportTotal170Amt01972137
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0693275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0523894
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0345585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0149073
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0260310
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01972137
IRS990ScheduleA/TotalSupportAmt02480003
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03786574
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01088442
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04875016
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt090257
IRS990ScheduleD/DonatedServicesUseFcltsAmt090257
IRS990ScheduleD/EquipmentGrp/BookValueAmt028568
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0217638
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0246206
IRS990ScheduleD/ExpensesNotReportedAmt090257
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0947974
IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1139276
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2108770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt311159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CONSTRUCTION LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt090257
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01070705
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. THE ORGANIZATION ACCOUNTS FOR UNCERTAIN INCOME TAX POSITIONS BY PRESCRIBING A MINIMUM PROBABILITY THRESHOLD A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT INCOME TAX BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION, BASED SOLELY ON ITS TECHNICAL MERITS, THAT WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY THE RELEVANT TAX AUTHORITY WITH KNOWLEDGE OF THE SAME FACTS. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE RESOLUTION. BASED ON ALL KNOWN FACTS AND CIRCUMSTANCES AND CURRENT TAX LAW, THE PROJECT BELIEVES THE TOTAL AMOUNT OF UNCERTAIN INCOME TAX POSITION LIABILITIES AND RELATED ACCRUED INTEREST ARE NOT MATERIAL TO ITS FINANCIAL POSITION. AS OF JUNE 30, 2022 AND INCLUDING THE PREVIOUS THREE YEARS CONSIDERING EXTENSIONS, THE ORGANIZATIONS INCOME TAX RETURNS ARE OPEN AND SUBJECT TO EXAMINATION BY TAX AUTHORITIES WITH RELEVANT JURISDICTION. SHOULD SUCH AN EXAMINATION TAKE PLACE, MANAGEMENT DOES NOT ANTICIPATE ANY SIGNIFICANT ISSUES RELATED TO THE OPEN YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0947974
IRS990ScheduleD/TotalLiabilityAmt01843205
IRS990ScheduleD/TotalRevenuePerForm990Amt01070705
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01160962
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01038231
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt025060
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0CASH

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,237,337
Liabilities
$1,933,935
Net assets
$3,303,402
Revenue
$1,070,705
Expenses
$947,974
Net income
$122,731
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$1.75$2.90$1.09$1.24$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.82$1.77$3.05$0.81$1.06$0.25
2022Detailed filing. Detailed filing data is available for this year.$5.24$1.93$3.30$1.07$0.95$0.12
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.08$1.89$3.18$0.79$0.83$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.01$1.79$3.22$0.64$0.66$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.98$1.74$3.24$0.51$0.63$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.63$2.26$3.37$0.57$0.60$0.03
2017Summary only. Only limited summary data is available for this year.$4.98$1.59$3.40$0.56$0.64$0.08
2016Detailed filing. Detailed filing data is available for this year.$5.04$1.57$3.47$1.40$2.03$0.63
2015Summary only. Only limited summary data is available for this year.$4.20$0.11$4.10$1.49$0.59$0.89
2014Summary only. Only limited summary data is available for this year.$3.32$0.11$3.20$0.69$0.61$0.08
2013Summary only. Only limited summary data is available for this year.$3.14$0.02$3.12$0.62$0.49$0.13
2012Summary only. Only limited summary data is available for this year.$3.01$0.02$2.99$1.40$0.35$1.05
2011Summary only. Only limited summary data is available for this year.$2.45$0.51$1.94$1.54$0.23$1.31