Civic Intelligence

Tie Carolinas

990EZ • Fiscal year 2022 • EIN 56-2232049

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 21, 2023

Organization Profilecarolinas.tie.org
11010 Lake Grove Road PMB 205Morrisville, NC 27560

(408) 203-1105

Siviq Scores

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

Liabilities / Assets

69th percentile

0.00x

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

2022 filings • NTEE Y • <$500k nonprofits • Source year 2022

Liabilities / Revenue

69th percentile

0.00x

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

2022 filings • NTEE Y • <$500k nonprofits • Source year 2022

Net Margin

42nd percentile

-1.7%

Higher net margin than 42% of similar nonprofits.

2022 filings • NTEE Y • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2022 filings • NTEE Y • <$500k nonprofits • Source year 2022

Asset Growth

50th percentile

-0.6%

Faster asset growth than 50% of similar nonprofits.

2022 filings • NTEE Y • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-54%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • NTEE Y • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$73,353

Down $462 (-0.6%) from 2021

Net Assets

Down

$73,353

Down $462 (-0.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin42nd percentile

Revenue

Down

$27,943

Down $33,297 (-54%) from 2021

Expenses

Down

$28,405

Down $12,993 (-31%) from 2021

Net Income

Down

-$462

Down $20,304 (-102%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$80K$60K$40K$20K$0Assets 2011: $32,828Liabilities 2011: $02011Assets 2012: $21,718Liabilities 2012: $02012Assets 2013: $4,514Liabilities 2013: $0Net Assets 2013: $4,5142013Assets 2014: $1,943Liabilities 2014: $0Net Assets 2014: $1,9432014Assets 2015: $2,208Liabilities 2015: $0Net Assets 2015: $2,2082015Assets 2016: $15,805Liabilities 2016: $0Net Assets 2016: $15,8052016Assets 2017: $16,117Liabilities 2017: $0Net Assets 2017: $16,1172017Assets 2018: $22,760Liabilities 2018: $0Net Assets 2018: $22,7602018Assets 2019: $35,695Liabilities 2019: $0Net Assets 2019: $35,6952019Assets 2020: $53,973Liabilities 2020: $0Net Assets 2020: $53,9732020Assets 2021: $73,815Liabilities 2021: $0Net Assets 2021: $73,8152021Assets 2022: $73,353Liabilities 2022: $0Net Assets 2022: $73,3532022

Highlighted filing

2022

Assets$73,353
Liabilities$0
Net Assets$73,353
Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

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

$100K$50K$0-$50KRevenue 2011: $52,230Expenses 2011: $74,150Net Income 2011: -$21,9202011Revenue 2012: $39,399Expenses 2012: $50,509Net Income 2012: -$11,1102012Revenue 2013: $38,750Expenses 2013: $55,668Net Income 2013: -$16,9182013Revenue 2014: $7,412Expenses 2014: $9,983Net Income 2014: -$2,5712014Revenue 2015: $14,852Expenses 2015: $14,587Net Income 2015: $2652015Revenue 2016: $36,096Expenses 2016: $22,499Net Income 2016: $13,5972016Revenue 2017: $34,623Expenses 2017: $34,311Net Income 2017: $3122017Revenue 2018: $32,916Expenses 2018: $26,273Net Income 2018: $6,6432018Revenue 2019: $39,432Expenses 2019: $26,497Net Income 2019: $12,9352019Revenue 2020: $51,093Expenses 2020: $32,815Net Income 2020: $18,2782020Revenue 2021: $61,240Expenses 2021: $41,398Net Income 2021: $19,8422021Revenue 2022: $27,943Expenses 2022: $28,405Net Income 2022: -$4622022

Highlighted filing

2022

Revenue$27,943
Expenses$28,405
Net Income-$462
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 21, 2023
Return Version
2022v5.0
Gross Receipts
$27,943
Mission and Program Overview

Mission

Mentoring and education programs to foster entrepreneurship-The organization provides seminars and workshops designed to help entrepreneurs learnhow to start and grow their business ventures. We provide education, networking and mentoring opportunities to 150 members and over 1000 nonmembers enlighten entrepreneurs in our community.

Program Services

DescriptionGrantsExpenses
The organization provides seminars and workshops designed to help entrepreneurs learn how to start and grow their business ventures. Luminary speakers and mentors contribute their time and resources to enlighten entrepreneurs in our community. We provide education, networking and mentoring opportunities to 150 members and over 1000 nonmembers--
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Simmi PrasadPresident-$0--
Gautam AggarwalPresident Elect-$0--
Erik O BergerBoard Member-$0--
Latha PamarthiTreasurer-$0--
Mehul ShahBoard Member-$0--
Ajit DixitBoard Member-$0--
Arun SinghAdvisor-$0--
Khush DhaliwalExecutive Director-$0--
Reena MadanBoard Member-$0--
Hemal SurtiBoard Member-$0--
Rahul AggarwalBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
TIE Carolinas
EIN
56-2232049
Phone
4082031105
Address
11010 Lake Grove Road PMB 205, Morrisville, NC 27560

Signing Officer

Name
Gautam Aggarwal
Title
President Elect
Signed
2023-08-21
Discuss with paid preparer
Yes

Preparer

Firm
Mehdi CPA PLLC
Address
5408 Glorietta Circle, Raleigh, NC 27613
Preparer
Ashraf Mehdi
Phone
9195592227
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $345”

Other Expenses.1003

“Information Technology $150”

Other Expenses.1004

“Royalties $1795”

Other Expenses.1007

“Conferences, Conventions, and Meetings $24657”

Other Expenses.1012

“Insurance $758”

Other Expenses.1

“Awards & Tropies $180”

Other Expenses.2

“Bank Service Charges $20”

Raw XML Appendix147 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Gautam Aggarwal
IRS990EZ/BooksInCareOfDetail/PhoneNum04082031105
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011010 Lake Grove Road PMB 205
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Morrisville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027560
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt073815
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt073353
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-462
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt073815
IRS990EZ/Form990TotalAssetsGrp/EOYAmt073353
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt027943
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt027943
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt073815
IRS990EZ/NetAssetsOrFundBalancesEOYAmt073353
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt073815
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt073353
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt73.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt82.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt92.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt102.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Simmi Prasad
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gautam Aggarwal
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Erik O Berger
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Latha Pamarthi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Mehul Shah
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Ajit Dixit
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Arun Singh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Khush Dhaliwal
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Reena Madan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Hemal Surti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Rahul Aggarwal
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President Elect
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Advisor
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt027905
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Mentoring and education programs to foster entrepreneurship-The organization provides seminars and workshops designed to help entrepreneurs learnhow to start and grow their business ventures. We provide education, networking and mentoring opportunities to 150 members and over 1000 nonmembers enlighten entrepreneurs in our community.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization provides seminars and workshops designed to help entrepreneurs learn how to start and grow their business ventures. Luminary speakers and mentors contribute their time and resources to enlighten entrepreneurs in our community. We provide education, networking and mentoring opportunities to 150 members and over 1000 nonmembers
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt028405
IRS990EZ/TotalRevenueAmt027943
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0http://carolinas.tie.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $345
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Royalties $1795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $24657
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $758
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Awards & Tropies $180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Service Charges $20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Gautam Aggarwal
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President Elect
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TIE Carolinas
ReturnHeader/Filer/BusinessNameControlTxt0TIEC
ReturnHeader/Filer/EIN0562232049
ReturnHeader/Filer/PhoneNum04082031105
ReturnHeader/Filer/USAddress/AddressLine1Txt011010 Lake Grove Road PMB 205
ReturnHeader/Filer/USAddress/CityNm0Morrisville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027560
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263630421
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mehdi CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05408 Glorietta Circle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Raleigh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027613
ReturnHeader/PreparerPersonGrp/PhoneNum09195592227
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ashraf Mehdi
ReturnHeader/ReturnTs02023-08-21T10:05:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Gautam
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Aggarwal
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$73,353
Liabilities
$0
Net assets
$73,353
Revenue
$27,943
Expenses
$28,405
Net income
-$462
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$73.4$0.00$73.4$27.9$28.4$0.46
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.8$0.00$73.8$61.2$41.4$19.8
2020Detailed filing. Detailed filing data is available for this year.$54.0$0.00$54.0$51.1$32.8$18.3
2019Detailed filing. Detailed filing data is available for this year.$35.7$0.00$35.7$39.4$26.5$12.9
2018Detailed filing. Detailed filing data is available for this year.$22.8$0.00$22.8$32.9$26.3$6.64
2017Detailed filing. Detailed filing data is available for this year.$16.1$0.00$16.1$34.6$34.3$0.31
2016Detailed filing. Detailed filing data is available for this year.$15.8$0.00$15.8$36.1$22.5$13.6
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.00$2.21$14.9$14.6$0.27
2014Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$7.41$9.98$2.57
2013Detailed filing. Detailed filing data is available for this year.$4.51$0.00$4.51$38.8$55.7$16.9
2012Summary only. Only limited summary data is available for this year.$21.7$0.00$39.4$50.5$11.1
2011Summary only. Only limited summary data is available for this year.$32.8$0.00$52.2$74.2$21.9
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)6 • <$500k nonprofits