Civic Intelligence

Native Opportunity Way Community Development Corporation Inc.

990EZ • Fiscal year 2021 • EIN 56-2168658

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 08, 2022

PO Box 9Hollister, NC 27844

(252) 586-7913

Siviq Scores

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

Liabilities / Assets

76th percentile

0.79x

Higher debt load relative to assets than 76% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

4.40x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Net Margin

91st percentile

76%

Higher net margin than 91% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$1,946

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2021 filings • NTEE L • <$500k nonprofits • Source year 2021

Asset Growth

75th percentile

14%

Faster asset growth than 75% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

96th percentile

240%

Faster revenue growth than 96% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$346,311

Up $41,972 (+14%) from 2020

Net Assets

Up

$72,835

Up $47,403 (+186%) from 2020

Liabilities

Down

$273,476

Down $5,431 (-1.9%) from 2020

Revenue

Up

$62,189

Up $43,886 (+240%) from 2020

Expenses

Up

$14,786

Up $2,727 (+23%) from 2020

Net Income

Up

$47,403

Up $41,159 (+659%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $376,915Liabilities 2011: $430,4852011Assets 2012: $366,527Liabilities 2012: $424,9032012Assets 2013: $350,667Liabilities 2013: $407,6152013Assets 2014: $339,389Liabilities 2014: $379,0732014Assets 2015: $319,133Liabilities 2015: $356,2862015Assets 2016: $305,967Liabilities 2016: $328,0982016Assets 2017: $293,015Liabilities 2017: $317,7822017Assets 2018: $291,239Liabilities 2018: $316,789Net Assets 2018: -$25,5502018Assets 2019: $295,289Liabilities 2019: $276,101Net Assets 2019: $19,1882019Assets 2020: $304,339Liabilities 2020: $278,907Net Assets 2020: $25,4322020Assets 2021: $346,311Liabilities 2021: $273,476Net Assets 2021: $72,8352021Assets 2022: $343,823Liabilities 2022: $272,108Net Assets 2022: $71,7152022Assets 2023: $349,027Liabilities 2023: $284,646Net Assets 2023: $64,3812023Assets 2024: $521,500Liabilities 2024: $240,466Net Assets 2024: $281,0342024

Highlighted filing

2021

Assets$346,311
Liabilities$273,476
Net Assets$72,835

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $13,104Expenses 2011: $8,974Net Income 2011: $4,1302011Revenue 2012: $15,356Expenses 2012: $20,162Net Income 2012: -$4,8062012Revenue 2013: $15,663Expenses 2013: $14,235Net Income 2013: $1,4282013Revenue 2014: $27,498Expenses 2014: $10,234Net Income 2014: $17,2642014Revenue 2015: $23,998Expenses 2015: $13,467Net Income 2015: $10,5312015Revenue 2016: $22,036Expenses 2016: $7,014Net Income 2016: $15,0222016Revenue 2017: $5,300Expenses 2017: $7,936Net Income 2017: -$2,6362017Revenue 2018: $8,057Expenses 2018: $8,840Net Income 2018: -$7832018Revenue 2019: $69,358Expenses 2019: $24,620Net Income 2019: $44,7382019Revenue 2020: $18,303Expenses 2020: $12,059Net Income 2020: $6,2442020Revenue 2021: $62,189Expenses 2021: $14,786Net Income 2021: $47,4032021Revenue 2022: $24,148Expenses 2022: $25,268Net Income 2022: -$1,1202022Revenue 2023: $48,012Expenses 2023: $42,946Net Income 2023: $5,0662023Revenue 2024: $264,195Expenses 2024: $47,542Net Income 2024: $216,6532024

Highlighted filing

2021

Revenue$62,189
Expenses$14,786
Net Income$47,403
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 8, 2022
Return Version
2021v4.0
Gross Receipts
$62,189
Mission and Program Overview

Mission

To promote the social and economic self-sufficiency of its service area through housing, job creation, training, education, social services, loan programs, health projects, business development and advocacy.

Program Services

DescriptionGrantsExpenses
PROMOTED THE SOCIAL AND ECONOMIC SELF-SUFFICIENCY OF THE AREA.-$14,786
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARRY RICHARDSONPresident /PT$1,946-$1,946
MARY BARNESBoard Chair-$0--
AVA RICHARDSONSecretary-$0--
STACEY RICHARDSONDirector-$0--
BECKY RICHARDSONDirector-$0--
MIKE RICHARDSONDirector-$0--
JASMINE SILVER-WILSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Native Opportunity Way Cdc Inc
EIN
56-2168658
Phone
2525867913
Address
PO BOX 9, HOLLISTER, NC 27844

Signing Officer

Name
Barry Richardson
Title
President / CEO
Phone
2525867913
Signed
2022-02-08
Discuss with paid preparer
Yes

Preparer

Firm
Petway Mills & Pearson Pa
Address
PO BOX 1036, ZEBULON, NC 27597-1036
Preparer
James a Ridoutt
Phone
9192697405
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses communications 758 bank charges 215 postage & shipping 259 travel 232 fundrailsing expenses 1,433 gr scholarship 1,000 taxes & fees 270 supplies 299 public relations 2,290 refund building deposit 625 utilities 2,839 repairs & maint 1,690 miccelleanous 42 non-investment depreciation 423 total 12,375

Form 990-ez, Part II, Line 24

Doe spun improvements 0 50,785 less accumulated depreciation 0 423 total 0 50,362

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 0 15,000 due to essex auto & hardware 54,276 40,276 due to essex plaza crc 181,589 176,090 due to bethlehem recreation 9,500 9,500 due to barry richardson 0 68 n/p ava richardson 33,542 32,542

Form 990-ez, Part III

To promote the social and economic self-sufficiency of its service area through housing, job creation, training, education, social services, loan programs, health projects, business development and advocacy.

Raw XML Appendix174 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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IRS990EZ/OtherAssetsTotalDetail/EOYAmt050362
IRS990EZ/OtherExpensesTotalAmt012375
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE SOCIAL AND ECONOMIC SELF-SUFFICIENCY OF ITS SERVICE AREA THROUGH HOUSING, JOB CREATION, TRAINING, EDUCATION, SOCIAL SERVICES, LOAN PROGRAMS, HEALTH PROJECTS, BUSINESS DEVELOPMENT AND ADVOCACY.
IRS990EZ/ProgramServiceRevenueAmt033
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES COMMUNICATIONS 758 BANK CHARGES 215 POSTAGE & SHIPPING 259 TRAVEL 232 FUNDRAILSING EXPENSES 1,433 GR SCHOLARSHIP 1,000 TAXES & FEES 270 SUPPLIES 299 PUBLIC RELATIONS 2,290 REFUND BUILDING DEPOSIT 625 UTILITIES 2,839 REPAIRS & MAINT 1,690 MICCELLEANOUS 42 NON-INVESTMENT DEPRECIATION 423 TOTAL 12,375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOE SPUN IMPROVEMENTS 0 50,785 LESS ACCUMULATED DEPRECIATION 0 423 TOTAL 0 50,362
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNSECURED NOTES AND LOANS PAYABLE 0 15,000 DUE TO ESSEX AUTO & HARDWARE 54,276 40,276 DUE TO ESSEX PLAZA CRC 181,589 176,090 DUE TO BETHLEHEM RECREATION 9,500 9,500 DUE TO BARRY RICHARDSON 0 68 N/P AVA RICHARDSON 33,542 32,542
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROMOTE THE SOCIAL AND ECONOMIC SELF-SUFFICIENCY OF ITS SERVICE AREA THROUGH HOUSING, JOB CREATION, TRAINING, EDUCATION, SOCIAL SERVICES, LOAN PROGRAMS, HEALTH PROJECTS, BUSINESS DEVELOPMENT AND ADVOCACY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY RICHARDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT / CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum02525867913
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATIVE OPPORTUNITY WAY CDC INC
ReturnHeader/Filer/BusinessNameControlTxt0NATI
ReturnHeader/Filer/EIN0562168658
ReturnHeader/Filer/PhoneNum02525867913
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ReturnHeader/Filer/USAddress/ZIPCd027844
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202102404
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PETWAY MILLS & PEARSON PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1036
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ZEBULON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0275971036
ReturnHeader/PreparerPersonGrp/PhoneNum09192697405
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES A RIDOUTT
ReturnHeader/ReturnTs02022-02-08T14:51:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RICHARDSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.22$2.40$2.81$2.64$0.48$2.17
2023Detailed filing. Detailed filing data is available for this year.$3.49$2.85$0.64$0.48$0.43$0.05
2022Detailed filing. Detailed filing data is available for this year.$3.44$2.72$0.72$0.24$0.25$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.46$2.73$0.73$0.62$0.15$0.47
2020Detailed filing. Detailed filing data is available for this year.$3.04$2.79$0.25$0.18$0.12$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.95$2.76$0.19$0.69$0.25$0.45
2018Detailed filing. Detailed filing data is available for this year.$2.91$3.17$0.26$0.08$0.09$0.01
2017Summary only. Only limited summary data is available for this year.$2.93$3.18$0.05$0.08$0.03
2016Summary only. Only limited summary data is available for this year.$3.06$3.28$0.22$0.07$0.15
2015Summary only. Only limited summary data is available for this year.$3.19$3.56$0.24$0.13$0.11
2014Summary only. Only limited summary data is available for this year.$3.39$3.79$0.27$0.10$0.17
2013Summary only. Only limited summary data is available for this year.$3.51$4.08$0.16$0.14$0.01
2012Summary only. Only limited summary data is available for this year.$3.67$4.25$0.15$0.20$0.05
2011Summary only. Only limited summary data is available for this year.$3.77$4.30$0.13$0.09$0.04