Civic Intelligence

Neuse Enterprises Inc.

990 • Fiscal year 2019 • EIN 58-1466367

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 28, 2019

PO Box 1715Kinston, NC 28503

(252) 523-0817

Siviq Scores

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

Liabilities / Assets

36th percentile

0.06x

Higher debt load relative to assets than 36% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.04x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Net Margin

33rd percentile

-1.1%

Higher net margin than 33% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

41st percentile

$68,431

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2019 filings • NTEE P • $1M-$5M nonprofits • Source year 2019

Asset Growth

33rd percentile

-1.3%

Faster asset growth than 33% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-1.8%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,716,500

Down $22,657 (-1.3%) from 2018

Net Assets

Down

$1,608,514

Down $23,155 (-1.4%) from 2018

Liabilities

Up

$107,986

Up $498 (+0.5%) from 2018

Revenue

Down

$2,635,646

Down $49,503 (-1.8%) from 2018

Expenses

Down

$2,665,505

Down $9,031 (-0.3%) from 2018

Net Income

Down

-$29,859

Down $40,472 (-381%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,126,290Liabilities 2011: $39,594Net Assets 2011: $2,086,6962011Assets 2012: $2,065,710Liabilities 2012: $75,224Net Assets 2012: $1,990,4862012Assets 2013: $2,023,696Liabilities 2013: $84,292Net Assets 2013: $1,939,4042013Assets 2014: $2,032,930Liabilities 2014: $92,733Net Assets 2014: $1,940,1972014Assets 2015: $1,996,060Liabilities 2015: $91,127Net Assets 2015: $1,904,9332015Assets 2016: $1,769,526Liabilities 2016: $101,444Net Assets 2016: $1,668,0822016Assets 2017: $1,715,703Liabilities 2017: $84,452Net Assets 2017: $1,631,2512017Assets 2018: $1,739,157Liabilities 2018: $107,488Net Assets 2018: $1,631,6692018Assets 2019: $1,716,500Liabilities 2019: $107,986Net Assets 2019: $1,608,5142019Assets 2020: $2,187,630Liabilities 2020: $549,026Net Assets 2020: $1,638,6042020Assets 2021: $2,377,342Liabilities 2021: $81,788Net Assets 2021: $2,295,5542021Assets 2022: $2,631,999Liabilities 2022: $71,016Net Assets 2022: $2,560,9832022Assets 2023: $2,775,386Liabilities 2023: $59,599Net Assets 2023: $2,715,7872023

Highlighted filing

2019

Assets$1,716,500
Liabilities$107,986
Net Assets$1,608,514

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,181,9872011Revenue 2012: $2,089,833Expenses 2012: $2,173,596Net Income 2012: -$83,7632012Expenses 2013: $2,254,1902013Revenue 2014: $2,192,469Expenses 2014: $2,204,541Net Income 2014: -$12,0722014Revenue 2015: $2,420,312Expenses 2015: $2,451,357Net Income 2015: -$31,0452015Revenue 2016: $2,421,953Expenses 2016: $2,651,318Net Income 2016: -$229,3652016Revenue 2017: $2,669,009Expenses 2017: $2,721,019Net Income 2017: -$52,0102017Revenue 2018: $2,685,149Expenses 2018: $2,674,536Net Income 2018: $10,6132018Revenue 2019: $2,635,646Expenses 2019: $2,665,505Net Income 2019: -$29,8592019Revenue 2020: $2,445,970Expenses 2020: $2,410,965Net Income 2020: $35,0052020Revenue 2021: $2,829,735Expenses 2021: $2,172,785Net Income 2021: $656,9502021Revenue 2022: $2,262,446Expenses 2022: $1,997,017Net Income 2022: $265,4292022Revenue 2023: $2,156,860Expenses 2023: $2,010,483Net Income 2023: $146,3772023

Highlighted filing

2019

Revenue$2,635,646
Expenses$2,665,505
Net Income-$29,859
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$2,647,941
Mission and Program Overview

Mission

Job training for the handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$643,157$618,668▼ $24,489
Savings and Temporary Cash Investments$466,565$449,960▼ $16,605
Accounts Receivable$278,705$258,443▼ $20,262
Cash and Non-Interest-Bearing Accounts$172,658$201,264▲ $28,606
Investments in Publicly Traded Securities$171,369$181,236▲ $9,867
Total Assets$1,739,157$1,716,500▼ $22,657
Other Assets Total$6,703$6,929▲ $226
Liabilities
Accounts Payable and Accrued Expenses$107,488$107,986▲ $498
Total Liabilities$107,488$107,986▲ $498
Net Assets / Fund Balance
Unrestricted Net Assets$1,631,669$1,608,514▼ $23,155
Total Net Assets Fund Balance$1,631,669$1,608,514▼ $23,155
Total Liabilities and Net Assets / Fund Balance$1,739,157$1,716,500▼ $22,657

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$437,771$648,706$1,086,477
Equipment$63,021$555,793$618,814
Land$117,876-$117,876
Other Assets Org$2,856--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leon DeansExec DirectorFT$68,431$68,431
Tina JonesOEI DirectorFT$48,650$48,650

Board Members and Trustees

NameTitle
Gerald RobersonChairman
Donald JoynerVice Chairman
Anthony KingDirector
Donna WilfongDirector
Hattie StricklandDirector
Jimette GrahamDirector
Judy EllisDirector
Sarone CannonDirector
Bill FarrowBuildingGrounds
Rebekah StarkMarketing
Al GoldTreasuruer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,559,135
Investment Income
$6,177
Other Revenue
$70,334
Change in Net Assets
$-29,859

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,635,646
Revenue Not Reported on Form 990
$6,704
Total Revenue per Audited Statements
$2,642,350
Total Revenue per Form 990
$2,635,646
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,330,019
Other Expenses$335,486
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,665,687$203,192-$1,868,879
Other Employee Benefits$156,439$30,079-$186,518
Payroll Taxes$110,070$21,164-$131,234
Current Officers, Directors, Trustees, and Key Employees-$117,081-$117,081
All Other Expenses$82,065$4,714-$86,779
Occupancy$55,750$6,866-$62,616
Depreciation Depletion$41,828$5,704-$47,532
Insurance$12,982$24,214-$37,196
Pension Plan Contributions$22,064$4,243-$26,307
Fees for Services Accounting$2,479$9,915-$12,394
Office Expenses$7,298$5,075-$12,373
Advertising$1,078$719-$1,797
Other Expenses$512$768-$1,280
Travel-$409-$409
Interest-$358-$358
Total Functional Expenses$2,214,021$451,484$0$2,665,505

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,665,505
Total Expenses per Audited Statements$2,665,505
Total Expenses per Form 990$2,665,505
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization is organized as a non profit corporation.

Form 990 governing body review Part VI line 11

The Executive Director does a thorough review of the Form 990 on behalf of the governing body before he signs the return.

Conflict of interest policy compliance Part VI line 12C

The Executive Director monitors and enforces compliance with the written conflict of interest policy.

Governing documents etc available to public Part VI line 19

The organizations documents are open to public inspection upon request at the organizations site during regular business hours.

Filing and Contact Details

Filer

Filer Name
Neuse Enterprises Inc
EIN
58-1466367
Address
PO Box 1715, Kinston, NC 28503

Signing Officer

Name
Leon Deans
Title
Executive Direc
Phone
2525230817
Signed
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald Roberson
Formed
1981
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
303

Preparer

Firm
Connie H Huffman CPA PA
Address
PO Box 617, Pink Hill, NC 28572
Preparer
Connie H Huffman
Phone
2525682128
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IRS990/OtherAssetsTotalGrp/EOYAmt06929
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt030079
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0156439
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0186518
IRS990/OtherExpensesGrp/Desc0Telephone
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Vehicle & Transportation
IRS990/OtherExpensesGrp/Desc3Dues & Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02922
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13309
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210752
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3768
IRS990/OtherExpensesGrp/ProgramServicesAmt016561
IRS990/OtherExpensesGrp/ProgramServicesAmt139208
IRS990/OtherExpensesGrp/ProgramServicesAmt2512
IRS990/OtherExpensesGrp/TotalAmt019483
IRS990/OtherExpensesGrp/TotalAmt13309
IRS990/OtherExpensesGrp/TotalAmt249960
IRS990/OtherExpensesGrp/TotalAmt31280
IRS990/OtherRevenueMiscGrp/BusinessCd0624310
IRS990/OtherRevenueMiscGrp/Desc0Other Operating Rev
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt070334
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt070334
IRS990/OtherRevenueTotalAmt070334
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203192
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01665687
IRS990/OtherSalariesAndWagesGrp/TotalAmt01868879
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt021164
IRS990/PayrollTaxesGrp/ProgramServicesAmt0110070
IRS990/PayrollTaxesGrp/TotalAmt0131234
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04243
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022064
IRS990/PensionPlanContributionsGrp/TotalAmt026307
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Gerald Roberson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624310
IRS990/ProgramServiceRevenueGrp/BusinessCd1624310
IRS990/ProgramServiceRevenueGrp/BusinessCd2624310
IRS990/ProgramServiceRevenueGrp/BusinessCd3624310
IRS990/ProgramServiceRevenueGrp/BusinessCd4624310
IRS990/ProgramServiceRevenueGrp/Desc0Contract Services
IRS990/ProgramServiceRevenueGrp/Desc1Mental Health Revenue
IRS990/ProgramServiceRevenueGrp/Desc2NC Vocational Rehab
IRS990/ProgramServiceRevenueGrp/Desc3Alliance
IRS990/ProgramServiceRevenueGrp/Desc4Client Transportation
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0715691
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1678155
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2355443
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35718
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt428206
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0715691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1678155
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2355443
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35718
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt428206
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt021007
IRS990/PYOtherExpensesAmt0314350
IRS990/PYOtherRevenueAmt052711
IRS990/PYProgramServiceRevenueAmt02611431
IRS990/PYRevenuesLessExpensesAmt010613
IRS990/PYSalariesCompEmpBnftPaidAmt02360186
IRS990/PYTotalExpensesAmt02674536
IRS990/PYTotalRevenueAmt02685149
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-29859
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02629469
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0466565
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0449960
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt013916
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06710
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07228
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt06960
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt041103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02629469
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02611431
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02615525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02371004
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02365551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012592980
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt013916
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt06710
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt06960
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt041103
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt052711
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt046384
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt045539
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt043583
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0188217
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98210
IRS990ScheduleA/PublicSupportPY509Pct00.97910
IRS990ScheduleA/PublicSupportTotal509Amt012592980
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02629469
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02611431
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02615525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02371004
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02365551
IRS990ScheduleA/Total509Grp/TotalAmt012592980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02635758
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02678058
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02668619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02423771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02416094
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012822300
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0437771
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0648706
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01086477
IRS990ScheduleD/EquipmentGrp/BookValueAmt063021
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0555793
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0618814
IRS990ScheduleD/ExpensesSubtotalAmt02665505
IRS990ScheduleD/LandGrp/BookValueAmt0117876
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0117876
IRS990ScheduleD/NetUnrealizedGainsInvstAmt06704
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04073
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12856
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Prepaid Insurance
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits
IRS990ScheduleD/RevenueNotReportedAmt06704
IRS990ScheduleD/RevenueSubtotalAmt02635646
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0618668
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06929
IRS990ScheduleD/TotalExpensesPerForm990Amt02665505
IRS990ScheduleD/TotalRevenuePerForm990Amt02635646
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02642350

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.78$0.06$2.72$2.16$2.01$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.63$0.07$2.56$2.26$2.00$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.08$2.30$2.83$2.17$0.66
2020Detailed filing. Detailed filing data is available for this year.$2.19$0.55$1.64$2.45$2.41$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.72$0.11$1.61$2.64$2.67$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.74$0.11$1.63$2.69$2.67$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.72$0.08$1.63$2.67$2.72$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.77$0.10$1.67$2.42$2.65$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.00$0.09$1.90$2.42$2.45$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.09$1.94$2.19$2.20$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.08$1.94$2.25
2012Summary only. Only limited summary data is available for this year.$2.07$0.08$1.99$2.09$2.17$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.04$2.09$2.18