Civic Intelligence

Neuse Enterprises Inc.

990 • Fiscal year 2020 • EIN 58-1466367

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 13, 2020

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

58th percentile

0.25x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • NTEE P • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.22x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • NTEE P • $1M-$5M nonprofits • Source year 2020

Net Margin

40th percentile

1.4%

Higher net margin than 40% of similar nonprofits.

2020 filings • NTEE P • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$70,854

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2020 filings • NTEE P • $1M-$5M nonprofits • Source year 2020

Asset Growth

68th percentile

27%

Faster asset growth than 68% of similar nonprofits.

2020 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

29th percentile

-7.2%

Faster revenue growth than 29% of similar nonprofits.

2020 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,187,630

Up $471,130 (+27%) from 2019

Net Assets

Up

$1,638,604

Up $30,090 (+1.9%) from 2019

Liabilities

Up

$549,026

Up $441,040 (+408%) from 2019

Revenue

Down

$2,445,970

Down $189,676 (-7.2%) from 2019

Expenses

Down

$2,410,965

Down $254,540 (-9.5%) from 2019

Net Income

Up

$35,005

Up $64,864 (+217%) from 2019

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

2020

Assets$2,187,630
Liabilities$549,026
Net Assets$1,638,604

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

2020

Revenue$2,445,970
Expenses$2,410,965
Net Income$35,005
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$2,471,669
Mission and Program Overview

Mission

Job training for the handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$201,264$808,844▲ $607,580
Land, Buildings, and Equipment, Net$618,668$578,165▼ $40,503
Savings and Temporary Cash Investments$449,960$451,087▲ $1,127
Investments in Publicly Traded Securities$181,236$180,358▼ $878
Accounts Receivable$258,443$161,878▼ $96,565
Total Assets$1,716,500$2,187,630▲ $471,130
Other Assets Total$6,929$7,298▲ $369
Liabilities
Unsecured Notes Loans Payable-$461,189-
Accounts Payable and Accrued Expenses$107,986$87,837▼ $20,149
Total Liabilities$107,986$549,026▲ $441,040
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,608,514$1,638,604▲ $30,090
Total Net Assets Fund Balance$1,608,514$1,638,604▲ $30,090
Total Liabilities and Net Assets / Fund Balance$1,716,500$2,187,630▲ $471,130

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$412,570$680,582$1,093,152
Equipment$47,719$571,095$618,814
Land$117,876-$117,876
Other Assets Org$2,856--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leon DeansExec DirectorFT$70,854$70,854
Tina JonesOEI DirectorFT$37,798$37,798

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,439,967
Investment Income
$6,003
Other Revenue
$0
Change in Net Assets
$35,005

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,445,970
Revenue Not Reported on Form 990
$-4,915
Total Revenue per Audited Statements
$2,441,055
Total Revenue per Form 990
$2,445,970
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,086,986
Other Expenses$323,979
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,410,973$266,176-$1,677,149
Other Employee Benefits$123,487$32,806-$156,293
Payroll Taxes$97,767$25,972-$123,739
Current Officers, Directors, Trustees, and Key Employees-$108,651-$108,651
All Other Expenses$75,185$12,992-$88,177
Occupancy$52,131$6,366-$58,497
Depreciation Depletion$41,517$5,660-$47,177
Insurance$31,494$3,706-$35,200
Pension Plan Contributions$16,714$4,440-$21,154
Office Expenses$9,077$6,808-$15,885
Fees for Services Accounting$1,957$7,827-$9,784
Advertising$872$711-$1,583
Other Expenses$487$730-$1,217
Interest$744$131-$875
Travel-$814-$814
Total Functional Expenses$1,911,604$499,361$0$2,410,965

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,410,965
Total Expenses per Audited Statements$2,410,965
Total Expenses per Form 990$2,410,965
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 35% controlled entity
No
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
2020-11-13
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
291

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/OfficeExpensesGrp/ProgramServicesAmt09077
IRS990/OfficeExpensesGrp/TotalAmt015885
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06929
IRS990/OtherAssetsTotalGrp/EOYAmt07298
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt032806
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0123487
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0156293
IRS990/OtherExpensesGrp/Desc0Telephone
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Vehicle & Transportation
IRS990/OtherExpensesGrp/Desc3Dues & Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03029
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12299
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210243
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3730
IRS990/OtherExpensesGrp/ProgramServicesAmt017164
IRS990/OtherExpensesGrp/ProgramServicesAmt132035
IRS990/OtherExpensesGrp/ProgramServicesAmt2487
IRS990/OtherExpensesGrp/TotalAmt020193
IRS990/OtherExpensesGrp/TotalAmt12299
IRS990/OtherExpensesGrp/TotalAmt242278
IRS990/OtherExpensesGrp/TotalAmt31217
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0266176
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01410973
IRS990/OtherSalariesAndWagesGrp/TotalAmt01677149
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025972
IRS990/PayrollTaxesGrp/ProgramServicesAmt097767
IRS990/PayrollTaxesGrp/TotalAmt0123739
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04440
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016714
IRS990/PensionPlanContributionsGrp/TotalAmt021154
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/Desc1ADVP Program Revenue
IRS990/ProgramServiceRevenueGrp/Desc2NC Vocational Rehab
IRS990/ProgramServiceRevenueGrp/Desc3Day Support
IRS990/ProgramServiceRevenueGrp/Desc4Long Term Support & PSR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0615506
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1841484
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2282581
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3516587
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt479130
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0615506
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1841484
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2282581
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3516587
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt479130
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06177
IRS990/PYOtherExpensesAmt0335486
IRS990/PYOtherRevenueAmt070334
IRS990/PYProgramServiceRevenueAmt02559135
IRS990/PYRevenuesLessExpensesAmt0-29859
IRS990/PYSalariesCompEmpBnftPaidAmt02330019
IRS990/PYTotalExpensesAmt02665505
IRS990/PYTotalRevenueAmt02635646
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt035005
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02439967
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0449960
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0451087
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05111
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt013916
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt06710
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt07228
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt039254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02439967
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02629469
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02611431
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02615525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02371004
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012667396
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt013916
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt06710
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt07228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt039254
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt052711
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt046384
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt045539
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0144634
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98570
IRS990ScheduleA/PublicSupportPY509Pct00.98210
IRS990ScheduleA/PublicSupportTotal509Amt012667396
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02439967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02629469
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02611431
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02615525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02371004
IRS990ScheduleA/Total509Grp/TotalAmt012667396
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02445078
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02635758
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02678058
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02668619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02423771
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt012851284
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0412570
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0680582
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01093152
IRS990ScheduleD/EquipmentGrp/BookValueAmt047719
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0571095
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0618814
IRS990ScheduleD/ExpensesSubtotalAmt02410965
IRS990ScheduleD/LandGrp/BookValueAmt0117876
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0117876
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-4915
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04442
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12856
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Prepaid Insurance
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits
IRS990ScheduleD/RevenueNotReportedAmt0-4915
IRS990ScheduleD/RevenueSubtotalAmt02445970
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0578165
IRS990ScheduleD/TotalBookValueOtherAssetsAmt07298
IRS990ScheduleD/TotalExpensesPerForm990Amt02410965
IRS990ScheduleD/TotalRevenuePerForm990Amt02445970
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02441055
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02410965
IRS990/ScheduleJRequiredInd0false

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