Civic Intelligence

Farmville Development Partnership Inc

EIN 56-2092010 • 501(c)6 • Farmville, NC

Profile

To prepare current and long-term plans for the economic, industrial, downtown & residential development of farmville and to actively seek grants and other funds for programs and projects related to the development and marketing of farmville. Approximately 4800 residents served.

P O Box 774Farmville, NC 27828

n/A

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.02x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

4th percentile

-253%

Higher net margin than 4% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

11th percentile

-56%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-55%

Faster revenue growth than 9% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$30,184

Up $10,881 (+56%) from 2014

Liabilities

Down

$0

Down $481 (-100%) from 2014

Net Assets

Up

$30,184

Up $11,362 (+60%) from 2014

Operations
Liabilities / Revenue71st percentileNet Margin4th percentile

Revenue

Up

$210,750

Up $201,058 (+2074%) from 2014

Expenses

Up

$197,970

Up $163,767 (+479%) from 2014

Net Income

Up

$12,780

Up $37,291 (+152%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$100K$50K$0Assets 2011: $85,268Liabilities 2011: $1,6152011Assets 2012: $72,018Liabilities 2012: $5132012Assets 2013: $44,148Liabilities 2013: $815Net Assets 2013: $43,3332013Assets 2014: $19,303Liabilities 2014: $481Net Assets 2014: $18,8222014Assets 2024: $30,184Liabilities 2024: $0Net Assets 2024: $30,1842024

Highlighted filing

2024

Assets$30,184
Liabilities$0
Net Assets$30,184
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $58,168Expenses 2011: $71,689Net Income 2011: -$13,5212011Revenue 2012: $79,900Expenses 2012: $92,046Net Income 2012: -$12,1462012Revenue 2013: $21,468Expenses 2013: $49,641Net Income 2013: -$28,1732013Revenue 2014: $9,692Expenses 2014: $34,203Net Income 2014: -$24,5112014Revenue 2024: $210,750Expenses 2024: $197,970Net Income 2024: $12,7802024

Highlighted filing

2024

Revenue$210,750
Expenses$197,970
Net Income$12,780
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$30,184
Liabilities
$0
Net assets
$30,184
Revenue
$210,750
Expenses
$197,970
Net income
$12,780
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$2.11$1.98$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.10$0.34$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.01$0.43$0.21$0.50$0.28
2012Summary only. Only limited summary data is available for this year.$0.72$0.01$0.80$0.92$0.12
2011Summary only. Only limited summary data is available for this year.$0.85$0.02$0.58$0.72$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 6, 2025
Return Version
2023v6.0
Gross Receipts
$210,750
Mission and Program Overview

Mission

To prepare current and long-term plans for the economic, industrial, downtown & residential development of farmville and to actively seek grants and other funds for programs and projects related to the development and marketing of farmville. Approximately 4800 residents served.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,404$30,184▲ $12,780
Cap Stk Tr Prin Current Funds$17,404$30,184▲ $12,780
Total Assets$17,404$30,184▲ $12,780
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,404$30,184▲ $12,780
Total Liabilities and Net Assets / Fund Balance$17,404$30,184▲ $12,780
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Bert S Smith IiiChairman
Todd D EdwardsDirector
Michael B Dixon JrSecretarytreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$210,750
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$12,780
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,068
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$196,902--$196,902
Advertising$727--$727
Fees for Services Accounting$226--$226
Office Expenses$115--$115
Total Functional Expenses$197,970$0$0$197,970
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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 governing body review Part VI line 11

“The board of directors shall have the power to review the form 990 prior to filing but the chairman has the ability to sign the return without review by other directors.”

Form 990 availability to public Part VI line 18

“The board of directors shall have the power to determine which accounts, books and records of the corporation shall be open to inspection and shall have the power to pick reasonable rules and regulations, not in conflict with applicable law, for the inspection of such accounts, books and records, concerning such rights of inspection.”

Governing documents etc available to public Part VI line 19

“The board of directors shall have the power to determine which accounts, books and records of the corporation shall be open to inspection and shall have the power to pick reasonable rules and regulations, not in conflict with applicable law, for the inspection of such accounts, books and records, concerning such rights of inspection.”

Filing and Contact Details

Filer

Filer Name
Farmville Development Partnership Inc
EIN
56-2092010
Address
P O BOX 774, FARMVILLE, NC 27828

Signing Officer

Name
Michael B Dixon Jr
Title
Secretarytreas
Phone
2523274124
Signed
2025-02-06
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Taylor and Jones CPAs PA
Address
P O Box 725, Farmville, NC 27828
Preparer
Lynn A Jones CPA
Phone
2527535321
Raw XML Appendix234 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0210750
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/IRPDocumentCnt02
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IRS990/LoanOutstandingInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS SHALL HAVE THE POWER TO REVIEW THE FORM 990 PRIOR TO FILING BUT THE CHAIRMAN HAS THE ABILITY TO SIGN THE RETURN WITHOUT REVIEW BY OTHER DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS SHALL HAVE THE POWER TO DETERMINE WHICH ACCOUNTS, BOOKS AND RECORDS OF THE CORPORATION SHALL BE OPEN TO INSPECTION AND SHALL HAVE THE POWER TO PICK REASONABLE RULES AND REGULATIONS, NOT IN CONFLICT WITH APPLICABLE LAW, FOR THE INSPECTION OF SUCH ACCOUNTS, BOOKS AND RECORDS, CONCERNING SUCH RIGHTS OF INSPECTION.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL B DIXON JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARYTREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02523274124
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARMVILLE DEVELOPMENT PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0FARM
ReturnHeader/Filer/EIN0562092010
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 774
ReturnHeader/Filer/USAddress/CityNm0FARMVILLE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 725
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Farmville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027828
ReturnHeader/PreparerPersonGrp/PhoneNum02527535321
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lynn A Jones CPA
ReturnHeader/ReturnTs02025-02-27T08:39:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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