Civic Intelligence

North Carolina Commerce Trade and Development Fund Inc

EIN 56-2110048 • 501(c)6 • Raleigh, NC

Profile

To coordinate getting the private sector involved in economic development and trade endeavors that help tell north carolina's business story to the nation and world.

4310 Mail Service CenterRaleigh, NC 27699-4310

friendsofnc.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

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

Liabilities / Revenue

51st percentile

0.00x

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

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

Net Margin

18th percentile

-28%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

35th percentile

-11%

Faster asset growth than 35% of similar nonprofits.

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

Revenue Growth

7th percentile

-71%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Down

$213,050

Down $26,832 (-11%) from 2013

Liabilities

Flat

$0

Flat from 2013

Net Assets

Down

$213,050

Down $26,832 (-11%) from 2013

Revenue

Down

$95,166

Down $230,135 (-71%) from 2013

Expenses

Down

$121,998

Down $124,592 (-51%) from 2013

Net Income

Down

-$26,832

Down $105,543 (-134%) from 2013

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $146,188Liabilities 2011: $0Net Assets 2011: $146,1882011Assets 2012: $161,171Liabilities 2012: $0Net Assets 2012: $161,1712012Assets 2013: $239,882Liabilities 2013: $0Net Assets 2013: $239,8822013Assets 2014: $213,050Liabilities 2014: $0Net Assets 2014: $213,0502014

Highlighted filing

2014

Assets$213,050
Liabilities$0
Net Assets$213,050

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $366,552Expenses 2011: $377,085Net Income 2011: -$10,5332011Revenue 2012: $372,980Expenses 2012: $357,997Net Income 2012: $14,9832012Revenue 2013: $325,301Expenses 2013: $246,590Net Income 2013: $78,7112013Revenue 2014: $95,166Expenses 2014: $121,998Net Income 2014: -$26,8322014

Highlighted filing

2014

Revenue$95,166
Expenses$121,998
Net Income-$26,832

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 15, 2015
Return Version
2013v4.0
Gross Receipts
$95,166
Mission and Program Overview

Mission

To coordinate getting the private sector involved in economic development and trade endeavors that help tell north carolina's business story to the nation and world.

ECONOMIC DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$122,528$122,693▲ $165
Cash and Non-Interest-Bearing Accounts$117,354$90,357▼ $26,997
Total Assets$239,882$213,050▼ $26,832
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$239,882$213,050▼ $26,832
Total Net Assets Fund Balance$239,882$213,050▼ $26,832
Total Liabilities and Net Assets / Fund Balance$239,882$213,050▼ $26,832
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sharon DeckerPresident
Tom JohnsonVice Chairman
John GeibDirector
Debbie LillyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$95,000
Program Service Revenue
$0
Investment Income
$166
Other Revenue
$0
All Other Contributions
$95,000
Change in Net Assets
$-26,832
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$121,998
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
Conferences and Meetings---$112,734
Fees for Services Accounting---$8,342
Office Expenses---$790
Other Expenses---$132
Total Functional Expenses$0$0$0$121,998
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
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 11

The form 990 is reviewed by the board of directors before it is signed and filed.

Form 990, Part VI, Section C, line 19

The organization has a copy of its governing documents and financial statements available for inspection at their office.

Form 990, Part VII

DEBBIE LILLY - PO BOX 80756, Raleigh, NC 27623-0756. TOM JOHNSON - 134 WRIGHT BROTHERS DRIVE, FLETCHER, NC 28732. JOHN GEIB - PO BOX 21666, GREENSBORO, NC 27420. SHARON DECKER - 4301 Mail Service Center, Raleigh, NC 27699.

Filing and Contact Details

Filer

EIN
56-2110048
Phone
9197150019

Signing Officer

Name
Debbie Lilly
Title
Treasurer
Phone
9198407372
Signed
2015-05-15

Organization Details

Principal Officer
Debbie Lilly
Formed
1998
Legal Domicile
Nc
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Preparer
Alicia Wantz
Phone
9197828410
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The audit committee process of review has not changed from the prior year.

Raw XML Appendix259 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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IRS990/BooksInCareOfDetail/PhoneNum09197156556
IRS990/BooksInCareOfDetail/USAddress/AddressLine104310 MAIL SERVICE CENTER
IRS990/BooksInCareOfDetail/USAddress/City0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/State0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCode0276994310
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IRS990/CYRevenuesLessExpensesAmt0-26832
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0121998
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IRS990/CYTotalRevenueAmt095166
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
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IRS990/Desc0THE ORGANIZATION MAINTAINS AN ECONOMIC DEVELOPMENT PROGRAM WHOSE FUNCTION IS TO PROMOTE NORTH CAROLINA AS AN INDUSTRIAL LOCATION AND TOURISM DESTINATION.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0DEBBIE LILLY
IRS990/Form990PartVIISectionAGrp/PersonNm1TOM JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN GEIB
IRS990/Form990PartVIISectionAGrp/PersonNm3SHARON DECKER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt095166
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0166
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0166
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO COORDINATE GETTING THE PRIVATE SECTOR INVOLVED IN ECONOMIC DEVELOPMENT AND TRADE ENDEAVORS THAT HELP TELL NORTH CAROLINA'S BUSINESS STORY TO THE NATION AND WORLD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0239882
IRS990/NetAssetsOrFundBalancesEOYAmt0213050
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0790
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/TotalAmt0132
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DEBBIE LILLY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION PROVIDES A NATIONAL AND INTERNATIONAL EDUCATIONAL OUTREACH TO MAKE BUSINESSES IN OTHER STATES AND COUNTRIES AWARE OF BUSINESS OPPORTUNITIES IN NC.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION PROVIDES FUNDING FOR MEETINGS, SEMINARS AND SOCIAL EVENTS TO PROMOTE CONTACTS AND EXCHANGES OF OPINION BETWEEN BUSINESS AND GOVERNMENT LEADERS IN NC AND IN OTHER STATES AND COUNTRIES.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ORGANIZATION SUPPORTS THE EFFORTS OF ECOMONIC DEVELOPMENT ORGANIZATIONS IN NC TO PROMOTE AND DISSEMINATE INFORMATION ABOUT NC IN OTHER COUNTRIES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0325034
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0267
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IRS990/PYRevenuesLessExpensesAmt078711
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0246590
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0325301
IRS990/ReconcilationRevenueExpnssAmt0-26832
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A COPY OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR INSPECTION AT THEIR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEBBIE LILLY - PO BOX 80756, Raleigh, NC 27623-0756. TOM JOHNSON - 134 WRIGHT BROTHERS DRIVE, FLETCHER, NC 28732. JOHN GEIB - PO BOX 21666, GREENSBORO, NC 27420. SHARON DECKER - 4301 Mail Service Center, Raleigh, NC 27699.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AUDIT COMMITTEE PROCESS OF REVIEW HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XII, Line 2c:
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ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBBIE LILLY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09198407372
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine10NORTH CAROLINA COMMERCE TRADE AND
ReturnHeader/Filer/BusinessName/BusinessNameLine20DEVELOPMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0562110048
ReturnHeader/Filer/PhoneNum09197150019
ReturnHeader/Filer/USAddress/AddressLine104310 MAIL SERVICE CENTER
ReturnHeader/Filer/USAddress/City0RALEIGH
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode0276994310
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0710817652
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10FROST PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103605 Glenwood Ave Suite 370
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Raleigh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode027612
ReturnHeader/PreparerPersonGrp/PhoneNum09197828410
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alicia Wantz
ReturnHeader/ReturnTs02015-05-15T15:02:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits