Civic Intelligence

Mitchell County Development Foundation Inc.

990 • Fiscal year 2016 • EIN 56-2262436

Jan 01, 2016 to Dec 31, 2016

Spruce Pine, NC
Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Higher debt load relative to assets than 29% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.11x

Higher debt load relative to revenue than 64% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Source year 2016

Net Margin

7th percentile

-48%

Higher net margin than 7% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

34th percentile

-2.1%

Faster asset growth than 34% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

79th percentile

31%

Faster revenue growth than 79% of similar nonprofits.

2016 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$656,830

Down $14,000 (-2.1%) from 2015

Net Assets

Down

$653,813

Down $13,466 (-2.0%) from 2015

Liabilities

Down

$3,017

Down $534 (-15%) from 2015

Revenue

Up

$27,888

Up $6,663 (+31%) from 2015

Expenses

Down

$41,354

Down $6,343 (-13%) from 2015

Net Income

Up

-$13,466

Up $13,006 (+49%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $290,712Liabilities 2011: $12,5002011Assets 2012: $288,224Liabilities 2012: $10,6752012Assets 2013: $753,368Liabilities 2013: $40,000Net Assets 2013: $713,3682013Assets 2014: $696,847Liabilities 2014: $3,096Net Assets 2014: $693,7512014Assets 2015: $670,830Liabilities 2015: $3,551Net Assets 2015: $667,2792015Assets 2016: $656,830Liabilities 2016: $3,017Net Assets 2016: $653,8132016Assets 2017: $636,040Liabilities 2017: $3,403Net Assets 2017: $632,6372017Assets 2024: $912,007Liabilities 2024: $237Net Assets 2024: $911,7702024Assets 2025: $748,451Liabilities 2025: $590Net Assets 2025: $747,8612025

Highlighted filing

2016

Assets$656,830
Liabilities$3,017
Net Assets$653,813

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $148,610Expenses 2011: $144,307Net Income 2011: $4,3032011Revenue 2012: $49,216Expenses 2012: $42,073Net Income 2012: $7,1432012Revenue 2013: $58,007Expenses 2013: $92,135Net Income 2013: -$34,1282013Revenue 2014: $29,164Expenses 2014: $48,781Net Income 2014: -$19,6172014Revenue 2015: $21,225Expenses 2015: $47,697Net Income 2015: -$26,4722015Revenue 2016: $27,888Expenses 2016: $41,354Net Income 2016: -$13,4662016Revenue 2017: $20,442Expenses 2017: $41,618Net Income 2017: -$21,1762017Revenue 2024: $201,800Expenses 2024: $62,529Net Income 2024: $139,2712024Revenue 2025: $1,157,894Expenses 2025: $1,323,207Net Income 2025: -$165,3132025

Highlighted filing

2016

Revenue$27,888
Expenses$41,354
Net Income-$13,466
Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Mission and Program Overview

Mission

To promote in the economic development of local mitchell county communities

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings