Civic Intelligence

North Carolina Water Environment

EIN 58-1454018 • 501(c)3 • Raleigh, NC

Profile

Nc wea is dedicated to providing water education, training and leadership to protect public health and the environment.

2841 Plaza Place Suite 130Raleigh, NC 27612

www.ncsafewater.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.33x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE C • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

NTEE C • $500k-$1M nonprofits • Source year 2024

Net Margin

31st percentile

0.7%

Higher net margin than 31% of similar nonprofits.

NTEE C • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$121,003

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

NTEE C • $500k-$1M nonprofits • Source year 2024

Asset Growth

47th percentile

3.9%

Faster asset growth than 47% of similar nonprofits.

NTEE C • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-1.7%

Faster revenue growth than 32% of similar nonprofits.

NTEE C • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$518,638

Down $294,167 (-36%) from 2022

Liabilities

Down

$173,160

Down $193,134 (-53%) from 2022

Net Assets

Down

$345,478

Down $101,033 (-23%) from 2022

Revenue

Up

$892,994

Up $261,776 (+41%) from 2022

Expenses

Up

$886,947

Up $185,818 (+27%) from 2022

Net Income

Up

$6,047

Up $75,958 (+109%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $396,968Liabilities 2010: $0Net Assets 2010: $396,9682010Assets 2011: $414,025Liabilities 2011: $0Net Assets 2011: $414,0252011Assets 2012: $500,995Liabilities 2012: $0Net Assets 2012: $500,9952012Assets 2013: $663,399Liabilities 2013: $110,643Net Assets 2013: $552,7562013Assets 2014: $667,315Liabilities 2014: $74,034Net Assets 2014: $593,2812014Assets 2015: $561,148Liabilities 2015: $58,551Net Assets 2015: $502,5972015Assets 2016: $630,748Liabilities 2016: $107,020Net Assets 2016: $523,7282016Assets 2017: $726,787Liabilities 2017: $142,623Net Assets 2017: $584,1642017Assets 2018: $778,945Liabilities 2018: $240,855Net Assets 2018: $538,0902018Assets 2019: $845,911Liabilities 2019: $278,341Net Assets 2019: $567,5702019Assets 2020: $682,789Liabilities 2020: $231,676Net Assets 2020: $451,1132020Assets 2021: $779,629Liabilities 2021: $306,140Net Assets 2021: $473,4892021Assets 2022: $812,805Liabilities 2022: $366,294Net Assets 2022: $446,5112022Assets 2024: $518,638Liabilities 2024: $173,160Net Assets 2024: $345,4782024

Highlighted filing

2024

Assets$518,638
Liabilities$173,160
Net Assets$345,478

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $571,4492010Expenses 2011: $580,4682011Expenses 2012: $586,4052012Revenue 2013: $616,553Expenses 2013: $564,792Net Income 2013: $51,7612013Revenue 2014: $638,075Expenses 2014: $597,550Net Income 2014: $40,5252014Revenue 2015: $622,459Expenses 2015: $707,164Net Income 2015: -$84,7052015Revenue 2016: $683,575Expenses 2016: $677,406Net Income 2016: $6,1692016Revenue 2017: $715,943Expenses 2017: $686,926Net Income 2017: $29,0172017Revenue 2018: $745,060Expenses 2018: $770,024Net Income 2018: -$24,9642018Revenue 2019: $803,003Expenses 2019: $809,302Net Income 2019: -$6,2992019Revenue 2020: $362,959Expenses 2020: $513,363Net Income 2020: -$150,4042020Revenue 2021: $552,219Expenses 2021: $559,718Net Income 2021: -$7,4992021Revenue 2022: $631,218Expenses 2022: $701,129Net Income 2022: -$69,9112022Revenue 2024: $892,994Expenses 2024: $886,947Net Income 2024: $6,0472024

Highlighted filing

2024

Revenue$892,994
Expenses$886,947
Net Income$6,047

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.19$1.73$3.45$8.93$8.87$0.06
2022Summary only. Only limited summary data is available for this year.$8.13$3.66$4.47$6.31$7.01$0.70
2021Summary only. Only limited summary data is available for this year.$7.80$3.06$4.73$5.52$5.60$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.83$2.32$4.51$3.63$5.13$1.50
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.46$2.78$5.68$8.03$8.09$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.79$2.41$5.38$7.45$7.70$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.27$1.43$5.84$7.16$6.87$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.31$1.07$5.24$6.84$6.77$0.06
2015Detailed filing. Detailed filing data is available for this year.$5.61$0.59$5.03$6.22$7.07$0.85
2014Detailed filing. Detailed filing data is available for this year.$6.67$0.74$5.93$6.38$5.98$0.41
2013Detailed filing. Detailed filing data is available for this year.$6.63$1.11$5.53$6.17$5.65$0.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.01$0.00$5.01$5.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$0.00$4.14$5.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.00$3.97$5.71
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 20, 2019
Return Version
2018v3.1
Gross Receipts
$748,555
Mission and Program Overview

Mission

Nc wea is dedicated to providing water education, training and leadership to protect public health and the environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$280,769$282,031▲ $1,262
Investments in Publicly Traded Securities$248,131$247,722▼ $409
Cash and Non-Interest-Bearing Accounts$189,988$243,504▲ $53,516
Land, Buildings, and Equipment, Net$7,899$5,688▼ $2,211
Total Assets$726,787$778,945▲ $52,158
Liabilities
Other Liabilities$142,623$240,855▲ $98,232
Total Liabilities$142,623$240,855▲ $98,232
Net Assets / Fund Balance
Unrestricted Net Assets$355,311$308,423▼ $46,888
Permanently Rstr Net Assets$167,239$194,751▲ $27,512
Temporarily Rstr Net Assets$61,614$34,916▼ $26,698
Total Net Assets Fund Balance$584,164$538,090▼ $46,074
Total Liabilities and Net Assets / Fund Balance$726,787$778,945▲ $52,158

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,688$28,334$34,022

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$248,131$29,951▼ $21,111-$247,720
2017$190,744$29,969▲ $31,418-$248,131
2016$155,808$25,475▲ $14,961-$190,744
2015$145,778$23,259▼ $5,979-$155,808
2014$124,095$21,016▲ $3,667-$145,778
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Catrice JonesExecutive DiPT$97,686$15,312$112,998

Board Members and Trustees

NameTitle
David SaundersChair
Jeff CogginsChair Elect
Ray CoxPast Chair
Kenny WaldroupVice Chair
Anthony MencomeBoard Member
Ben KearnsBoard Member
Betsy DrakeBoard Member
Chris BelkBoard Member
Courtney DriverBoard Member
Kevin IrbyBoard Member
Rachel MonscheinBoard Member
Ron HargroveBoard Member
Tom BachBoard Member
Steve HamiltonSecretary
Brian TrippTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,199
Program Service Revenue
$630,411
Investment Income
$1,316
Other Revenue
$26,134
All Other Contributions
$19,014
Change in Net Assets
$-24,964

Audited Revenue Reconciliation

Revenue per Audited Statements
$745,060
Revenue Not Reported on Form 990
$-21,110
Total Revenue per Audited Statements
$723,950
Total Revenue per Form 990
$745,060
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$566,707
Salaries, Compensation, and Employee Benefits$203,317
Total Fundraising Expense$10,055
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,715$19,125-$111,840
Fees for Services Other$70,387$3,418-$73,805
Current Officers, Directors, Trustees, and Key Employees$49,991$10,312-$60,303
Office Expenses$54,605$3,744-$58,349
All Other Expenses$49,281$3,923-$53,204
Travel$39,916$5,271-$45,187
Occupancy$25,620$5,316-$30,936
Other Expenses$13,227$144$9,725$22,952
Other Employee Benefits$12,526$2,500-$15,026
Fees for Services Accounting$8,810$1,821-$10,631
Payroll Taxes$7,221$1,490-$8,711
Pension Plan Contributions$6,165$1,272-$7,437
Insurance$4,836$1,005-$5,841
Depreciation Depletion$3,028$629-$3,657
Fees for Services Legal$661$137-$798
Total Functional Expenses$698,729$61,240$10,055$770,024

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$770,024
Total Expenses per Audited Statements$770,024
Total Expenses per Form 990$770,024
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,863
Fundraising Direct Expenses$3,495
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$240,855
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

In 2010, the two related organizations, as disclosed on schedule r, entered into a management agreement in which american water works association north carolina section (ncawwa), an affiliate tax exempt organization with identical board members and officers, agreed to provide to north carolina water environment association, inc. (ncwea) all management and administrative services required for the operation of ncwea. At the conclusion of each fiscal year, ncwea agrees to pay ncawwa an amount equal to 50% of all administrative costs. See schedule r, part vii.

Form 990, Page 6, Part VI, Line 6

The organization along with its related organization nc american water works association has over 2,600 members.

Form 990, Page 6, Part VI, Line 7A

Per the organization bylaws, the general membership of the organization elects the board of directors.

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 is provided to the organization's governing body for review and approval before the 990 is filed.

Form 990, Page 6, Part VI, Line 12C

The organization requires a conflict of interest statement be signed annually verifying that the individual is free from any conflict of interest.

Form 990, Page 6, Part VI, Line 15A

American society of association executives, association executives of north carolina, and institute for non-profits at nc state are sources for non-profit executive salaries and compensation. Additionally, salaries of comparable awwa section and wea member association executives may be considered, along with similar non-profit statewide educational organizations.

Form 990, Page 6, Part VI, Line 15B

Compensation is determined by research and comparability to similar non-profit organizations in the same manner as described in line 15a.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Form 990, Part VII

The board of trustees members disclosed on part vii include those individuals who held office, were elected, or renewed their service terms during 2018 and held the position as of 12/31/18.

Filing and Contact Details

Filer

Filer Name
North Carolina Water Environment
EIN
58-1454018
Phone
9197849030
Address
2841 PLAZA PLACE SUITE 130, RALEIGH, NC 27612

Signing Officer

Name
David Saunders
Title
Chair
Phone
9197849030
Signed
2019-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catrice Jones
Formed
1928
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
250

Preparer

Firm
Langdon & Company Llp
Address
223 US HIGHWAY 70 EAST SUITE 100, GARNER, NC 27529-4051
Preparer
Anthony T Pandiscia
Phone
9196621001
Supplemental Narrative

Additional Explanations

Form 990

Part iv, line 12b & part xii, line 2b the organization is included in combined audited financial statements due to both an economic interest and a shared governing board.

Form 990, Page 2, Part III, Line 4D

Other program services include membership, national association and water for people/nc outreach. The organization serves as a vital continuing education resource for their membership. Engineers and operators for water and wastewater treatment facilities must be licensed because their work is essential for public health, and must complete continuing education to ensure that their knowledge and skills are maintained at the highest level. Nc awwa-wea is a recognized provider of quality continuing education, delivering more than 25 training seminars, workshops, week-long schools and multi-day conferences, including the academy and institute programs, throughout the year.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The nc safewater endowment funds was formed for the purpose of promoting safe water, increasing education through knowledge and understanding of safe water, and preserving and enhancing the water environment. The primary means for accomplishing this purpose is to provide scholarship funds to individuals who seek assistance in order to complete a course of study emphasizing the protection of public health by providing safe drinking water and/or protecting the quality and integrity of the water environment. In addition, the nc safewater endowment fund will award funds to assist educators in providing enhanced water environment education to registered students and/or the public. The board will consider specific donor restrictions on contributions of 25,000 or more.

Schedule D, Page 3, Part X

The association evaluates any uncertain tax positions. Accordingly, the association's policy is to record a liability for any tax position taken that is beneficial to the association, including any related interest and penalties, when it is more likely than not the position of management with respect to a transaction or class of transactions, will be overturned by a taxing authority upon examination. Management believes there are no such positions as of december 31, 2018 and 2017.

Schedule D, Page 4, Part XIII

Investments included in other assets on the combined statement of assets and net assets - modifed cash basis, consists of the association's nc safewater endowment fund. The endowment is managed by the triangle community foundation.

Raw XML AppendixShowing 400 of 629 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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