Civic Intelligence

Carolinas Memory Fund Uninc

990EZ • Fiscal year 2023 • EIN 56-6051965

Mar 01, 2022 to Feb 28, 2023 • Filed on Sep 26, 2023

Organization ProfileN/A
411 Sardis Rd NCharlotte, NC 28270

(704) 451-3595

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.10x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Net Margin

19th percentile

-88%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Top Officer Pay

90th percentile

$11,627

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2023 filings • 501(c)9 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-88%

Faster asset growth than 10% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-54%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)9 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$15,367

Down $113,769 (-88%) from 2022

Net Assets

Down

$13,835

Down $83,290 (-86%) from 2022

Liabilities

Down

$1,532

Down $30,479 (-95%) from 2022

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin19th percentile

Revenue

Down

$58,636

Down $67,631 (-54%) from 2022

Expenses

Down

$110,528

Down $15,367 (-12%) from 2022

Net Income

Down

-$51,892

Down $52,264 (-14049%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$300K$200K$100K$0Assets 2012: $188,104Liabilities 2012: $25,279Net Assets 2012: $162,8252012Assets 2013: $206,832Liabilities 2013: $28,827Net Assets 2013: $178,0052013Assets 2014: $220,094Liabilities 2014: $23,855Net Assets 2014: $196,2392014Assets 2015: $214,686Liabilities 2015: $25,634Net Assets 2015: $189,0522015Assets 2016: $242,472Liabilities 2016: $37,627Net Assets 2016: $204,8452016Assets 2017: $279,325Liabilities 2017: $40,658Net Assets 2017: $238,6672017Assets 2018: $207,965Liabilities 2018: $5,048Net Assets 2018: $202,9172018Assets 2019: $170,954Liabilities 2019: $27,922Net Assets 2019: $143,0322019Assets 2020: $158,757Liabilities 2020: $35,208Net Assets 2020: $123,5492020Assets 2021: $136,694Liabilities 2021: $39,941Net Assets 2021: $96,7532021Assets 2022: $129,136Liabilities 2022: $32,011Net Assets 2022: $97,1252022Assets 2023: $15,367Liabilities 2023: $1,532Net Assets 2023: $13,8352023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2023

Assets$15,367
Liabilities$1,532
Net Assets$13,835
Open 2023 Filing

Operations Trend

Revenue Growth16th percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $452,410Expenses 2012: $420,912Net Income 2012: $31,4982012Revenue 2013: $387,323Expenses 2013: $372,143Net Income 2013: $15,1802013Revenue 2014: $413,536Expenses 2014: $395,302Net Income 2014: $18,2342014Revenue 2015: $382,415Expenses 2015: $389,602Net Income 2015: -$7,1872015Revenue 2016: $409,022Expenses 2016: $393,229Net Income 2016: $15,7932016Revenue 2017: $395,377Expenses 2017: $361,555Net Income 2017: $33,8222017Revenue 2018: $325,179Expenses 2018: $360,929Net Income 2018: -$35,7502018Revenue 2019: $240,086Expenses 2019: $299,971Net Income 2019: -$59,8852019Revenue 2020: $177,048Expenses 2020: $196,531Net Income 2020: -$19,4832020Revenue 2021: $183,892Expenses 2021: $210,688Net Income 2021: -$26,7962021Revenue 2022: $126,267Expenses 2022: $125,895Net Income 2022: $3722022Revenue 2023: $58,636Expenses 2023: $110,528Net Income 2023: -$51,8922023Expenses 2024: $1,9292024

Highlighted filing

2023

Revenue$58,636
Expenses$110,528
Net Income-$51,892
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Mar 1, 2022 to Feb 28, 2023
Signed
Sep 26, 2023
Return Version
2022v5.0
Gross Receipts
$58,636
Mission and Program Overview

Mission

The purpose of the single program is to provide death benefits to the members named beneficiary

The purpose of the single program is to provide death benefits to the member's named beneficiary.

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THE SINGLE PROGRAM IS TO PROVIDE DEATH BENEFITS TO THE MEMBER'S NAMED BENEFICIARY.--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MONA HOWELLPast SecretaPT$11,627-$11,627
JC FAINChairmanPT$0--
JANE DISHMANBoard MemberPT$0--
LYNN MURPHYBoard MemberPT$0--
JOE WRIGHTSONBoard MemberPT$0--
SANDRA URQUHARTBoard MemberPT$0--
PAM WILLIAMSONPast Board MPT$0--
MILDRED POOLPast ChairPT$0--
Filing and Contact Details

Filer

Filer Name
Carolinas Memory Fund
EIN
56-6051965
Phone
7044513595
Address
411 SARDIS RD N, CHARLOTTE, NC 28270

Signing Officer

Name
Jc Fain
Title
Chairman
Phone
7044513595
Signed
2023-09-26

Preparer

Firm
DAVIES GOLDSTEIN & ASSOCIATES CPA'S
Address
PO BOX 156, MATTHEWS, NC 28106
Preparer
Jeffrey I Goldstein
Phone
7046840555
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office 1,456 total 1,456”

Form 990-ez, Part I, Line 20

“OTHER DECREASE -31,398”

Form 990-ez, Part II, Line 24

“Accounts receivable 60,174 0 total 60,174 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 32,011 1,532”

Form 990-ez, Part III

“The purpose of the single program is to provide death benefits to the member's named beneficiary.”

Raw XML Appendix126 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/AddressChangeInd0X
IRS990EZ/BenefitsPaidToOrForMembersAmt093339
IRS990EZ/BooksInCareOfDetail/PersonNm0JC FAIN
IRS990EZ/BooksInCareOfDetail/PhoneNum07044513595
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0411 SARDIS RD N
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028270
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068962
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt015367
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt058636
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-51892
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012011
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0129136
IRS990EZ/Form990TotalAssetsGrp/EOYAmt015367
IRS990EZ/GrossReceiptsAmt058636
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt097125
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013835
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt097125
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013835
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt65.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt75.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt511627
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JC FAIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JANE DISHMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LYNN MURPHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOE WRIGHTSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SANDRA URQUHART
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MONA HOWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6PAM WILLIAMSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MILDRED POOL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PAST SECRETA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PAST BOARD M
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7PAST CHAIR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt060174
IRS990EZ/OtherChangesInNetAssetsAmt0-31398
IRS990EZ/OtherExpensesTotalAmt01456
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE SINGLE PROGRAM IS TO PROVIDE DEATH BENEFITS TO THE MEMBER'S NAMED BENEFICIARY.
IRS990EZ/PrintingPublicationsPostageAmt03722
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSE OF THE SINGLE PROGRAM IS TO PROVIDE DEATH BENEFITS TO THE MEMBER'S NAMED BENEFICIARY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt032011
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01532
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0110528
IRS990EZ/TotalRevenueAmt058636
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 1,456 TOTAL 1,456
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER DECREASE -31,398
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 60,174 0 TOTAL 60,174 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 32,011 1,532
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PURPOSE OF THE SINGLE PROGRAM IS TO PROVIDE DEATH BENEFITS TO THE MEMBER'S NAMED BENEFICIARY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JC FAIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07044513595
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAROLINAS MEMORY FUND
ReturnHeader/Filer/BusinessNameControlTxt0CARO
ReturnHeader/Filer/EIN0566051965
ReturnHeader/Filer/PhoneNum07044513595
ReturnHeader/Filer/USAddress/AddressLine1Txt0411 SARDIS RD N
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028270
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262669494
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVIES GOLDSTEIN & ASSOCIATES CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 156
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MATTHEWS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028106
ReturnHeader/PreparerPersonGrp/PhoneNum07046840555
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY I GOLDSTEIN
ReturnHeader/ReturnTs02023-10-30T08:55:29-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FAIN
ReturnHeader/TaxPeriodBeginDt02022-03-01
ReturnHeader/TaxPeriodEndDt02023-02-28
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,367
Liabilities
$1,532
Net assets
$13,835
Revenue
$58,636
Expenses
$110,528
Net income
-$51,892
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.02$0.14$0.59$1.11$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.29$0.32$0.97$1.26$1.26$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.37$0.40$0.97$1.84$2.11$0.27
2020Summary only. Only limited summary data is available for this year.$1.59$0.35$1.24$1.77$1.97$0.19
2019Summary only. Only limited summary data is available for this year.$1.71$0.28$1.43$2.40$3.00$0.60
2018Summary only. Only limited summary data is available for this year.$2.08$0.05$2.03$3.25$3.61$0.36
2017Summary only. Only limited summary data is available for this year.$2.79$0.41$2.39$3.95$3.62$0.34
2016Summary only. Only limited summary data is available for this year.$2.42$0.38$2.05$4.09$3.93$0.16
2015Summary only. Only limited summary data is available for this year.$2.15$0.26$1.89$3.82$3.90$0.07
2014Summary only. Only limited summary data is available for this year.$2.20$0.24$1.96$4.14$3.95$0.18
2013Summary only. Only limited summary data is available for this year.$2.07$0.29$1.78$3.87$3.72$0.15
2012Summary only. Only limited summary data is available for this year.$1.88$0.25$1.63$4.52$4.21$0.31