Civic Intelligence

Prosperity Unlimited Inc.

990 • Fiscal year 2019 • EIN 58-2108838

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

Organization Profilewww.prosperitycdc.org

View Organization Page

1660 Garnet StreetKannapolis, NC 28083

(704) 933-7405

Siviq Scores

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

Liabilities / Assets

19th percentile

0.03x

Higher debt load relative to assets than 19% of similar nonprofits.

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

Liabilities / Revenue

15th percentile

0.10x

Higher debt load relative to revenue than 15% of similar nonprofits.

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

Net Margin

94th percentile

48%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

64th percentile

$98,857

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

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

Asset Growth

90th percentile

16%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

95th percentile

72%

Faster revenue growth than 95% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$2,997,039

Up $416,334 (+16%) from 2018

Net Assets

Up

$2,899,427

Up $452,790 (+19%) from 2018

Liabilities

Down

$97,612

Down $36,456 (-27%) from 2018

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin94th percentile

Revenue

Up

$940,483

Up $393,938 (+72%) from 2018

Expenses

Up

$487,693

Up $45,400 (+10%) from 2018

Net Income

Up

$452,790

Up $348,538 (+334%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,147,429Liabilities 2011: $1,602,209Net Assets 2011: $1,545,2202011Assets 2012: $3,132,126Liabilities 2012: $1,382,033Net Assets 2012: $1,750,0932012Assets 2013: $2,893,090Liabilities 2013: $1,094,338Net Assets 2013: $1,798,7522013Assets 2014: $2,998,465Liabilities 2014: $1,045,954Net Assets 2014: $1,952,5112014Assets 2015: $2,984,812Liabilities 2015: $620,584Net Assets 2015: $2,364,2282015Assets 2016: $2,707,552Liabilities 2016: $465,801Net Assets 2016: $2,241,7512016Assets 2017: $2,639,328Liabilities 2017: $394,382Net Assets 2017: $2,244,9462017Assets 2018: $2,580,705Liabilities 2018: $134,068Net Assets 2018: $2,446,6372018Assets 2019: $2,997,039Liabilities 2019: $97,612Net Assets 2019: $2,899,4272019Assets 2020: $3,257,070Liabilities 2020: $780Net Assets 2020: $3,256,2902020Assets 2021: $3,287,662Liabilities 2021: $780Net Assets 2021: $3,286,8822021Assets 2022: $3,352,855Liabilities 2022: $780Net Assets 2022: $3,352,0752022Assets 2023: $3,484,893Liabilities 2023: $2,403Net Assets 2023: $3,482,4902023Assets 2024: $3,521,463Liabilities 2024: $2,906Net Assets 2024: $3,518,5572024

Highlighted filing

2019

Assets$2,997,039
Liabilities$97,612
Net Assets$2,899,427
Open 2019 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,202,475Expenses 2011: $1,211,341Net Income 2011: -$8,8662011Revenue 2012: $1,252,178Expenses 2012: $1,047,305Net Income 2012: $204,8732012Revenue 2013: $1,275,608Expenses 2013: $1,226,949Net Income 2013: $48,6592013Revenue 2014: $825,082Expenses 2014: $671,323Net Income 2014: $153,7592014Revenue 2015: $929,196Expenses 2015: $517,480Net Income 2015: $411,7162015Revenue 2016: $500,751Expenses 2016: $623,225Net Income 2016: -$122,4742016Revenue 2017: $918,888Expenses 2017: $780,400Net Income 2017: $138,4882017Revenue 2018: $546,545Expenses 2018: $442,293Net Income 2018: $104,2522018Revenue 2019: $940,483Expenses 2019: $487,693Net Income 2019: $452,7902019Revenue 2020: $790,193Expenses 2020: $433,330Net Income 2020: $356,8632020Revenue 2021: $512,735Expenses 2021: $482,143Net Income 2021: $30,5922021Revenue 2022: $548,872Expenses 2022: $483,679Net Income 2022: $65,1932022Revenue 2023: $582,780Expenses 2023: $452,365Net Income 2023: $130,4152023Revenue 2024: $478,985Expenses 2024: $442,918Net Income 2024: $36,0672024

Highlighted filing

2019

Revenue$940,483
Expenses$487,693
Net Income$452,790
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$940,483
Mission and Program Overview

Mission

To develop and empower communities through social and economic development which includes improving housing, jobs, culture, and education for low wealth citizens within Cabarrus county and surrounding communities

To develop and empower communities through social and economic development which includes improving housing, jobs, culture, and education for low wealth citizens within Cabarrus county and surrounding communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$492,950$915,428▲ $422,478
Savings and Temporary Cash Investments$1,064,160$905,883▼ $158,277
Cash and Non-Interest-Bearing Accounts$518,731$693,560▲ $174,829
Land, Buildings, and Equipment, Net$441,246$418,521▼ $22,725
Investments Other Securities$57,118$57,147▲ $29
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,580,705$2,997,039▲ $416,334
Other Assets Total$6,500$6,500→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$132,986$87,496▼ $45,490
Accounts Payable and Accrued Expenses-$9,336-
Other Liabilities$1,082$780▼ $302
Total Liabilities$134,068$97,612▼ $36,456
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,446,637$2,899,427▲ $452,790
Total Net Assets Fund Balance$2,446,637$2,899,427▲ $452,790
Total Liabilities and Net Assets / Fund Balance$2,580,705$2,997,039▲ $416,334

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$377,591$282,756$660,347
Equipment-$47,529$47,529
Land$40,930-$40,930
Other Land Buildings-$5,818$5,818
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Louise MackCEOFT$79,301$19,556$98,857

Board Members and Trustees

NameTitle
Octavia AlexanderChair
Kim MiddlebrooksVice Chair
Tim DietrichDirector
Joey EllingstonSecretary
Annise JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$577,522
Program Service Revenue
$358,102
Investment Income
$3,553
Other Revenue
$1,306
All Other Contributions
$51,908
Change in Net Assets
$452,790

Audited Revenue Reconciliation

Revenue per Audited Statements
$940,483
Total Revenue per Audited Statements
$940,483
Total Revenue per Form 990
$940,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$309,635
Other Expenses$178,058
Total Fundraising Expense$3,793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$122,495$5,403$600$128,498
Current Officers, Directors, Trustees, and Key Employees$88,971$8,897$989$98,857
Other Employee Benefits$52,836$3,573$397$56,806
Travel$36,600$2,475$275$39,350
Payroll Taxes$23,694$1,602$178$25,474
All Other Expenses$20,176$2,937$173$23,286
Depreciation Depletion$20,679$1,591$454$22,724
Fees for Services Other$17,868$840$240$18,948
Insurance$14,213$961$107$15,281
Office Expenses$6,747$381$42$7,170
Other Expenses$5,875$452$129$6,456
Occupancy$5,520--$5,520
Interest$3,891$655-$4,546
Total Functional Expenses$453,400$30,500$3,793$487,693

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$487,693
Total Expenses per Audited Statements$487,693
Total Expenses per Form 990$487,693
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$780
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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

Form 990, Part VI, Line 11B: Form 990 Review Process

“A draft of form 990 will be sent electronically to board members with one day allowed for questions or comments.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members are required to disclose affiliations and conflicts at board meetings and disclosures are noted in the meeting minutes.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The Board determines the CEO compensation based on the 2015 Nonprofit Organizations North Carolina State Salary and Benefits Survey for the role of President/CEO plus takes into consideration that the CEO also fills the role of Lead Pre-purchase Counselor and the Instructor of all non-foreclosure prevention workshops.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents are kept on file and made available upon request.”

Filing and Contact Details

Filer

Filer Name
Prosperity Unlimited Inc
EIN
58-2108838
Phone
7049337405
Address
1660 Garnet Street, Kannapolis, NC 28083

Signing Officer

Name
Louise Mack
Title
CEO
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louise Mack
Formed
1993
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
10
Volunteers
10

Preparer

Firm
C DeWitt Foard & Co PA CPAs
Address
817 E Morehead Street Ste 100, Charlotte, NC 28202
Preparer
Terry W Lancaster
Phone
7043721515
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1452
IRS990/OtherExpensesGrp/ProgramServicesAmt012251
IRS990/OtherExpensesGrp/ProgramServicesAmt112061
IRS990/OtherExpensesGrp/ProgramServicesAmt29523
IRS990/OtherExpensesGrp/ProgramServicesAmt35875
IRS990/OtherExpensesGrp/TotalAmt012251
IRS990/OtherExpensesGrp/TotalAmt112061
IRS990/OtherExpensesGrp/TotalAmt210465
IRS990/OtherExpensesGrp/TotalAmt36456
IRS990/OtherLiabilitiesGrp/BOYAmt01082
IRS990/OtherLiabilitiesGrp/EOYAmt0780
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01306
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01306
IRS990/OtherRevenueTotalAmt01306
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0600
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05403
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0122495
IRS990/OtherSalariesAndWagesGrp/TotalAmt0128498
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0492950
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0915428
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0178
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01602
IRS990/PayrollTaxesGrp/ProgramServicesAmt023694
IRS990/PayrollTaxesGrp/TotalAmt025474
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Louise Mack
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541990
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0Counseling
IRS990/ProgramServiceRevenueGrp/Desc1Development Fees
IRS990/ProgramServiceRevenueGrp/Desc2Program - Other
IRS990/ProgramServiceRevenueGrp/Desc3Program NCHFA
IRS990/ProgramServiceRevenueGrp/Desc4Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0119626
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt134320
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt258156
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3124300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt421700
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0119626
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt134320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt258156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3124300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt421700
IRS990/ProgSrvcAccomActy2Grp/Desc0The organization develops affordable housing units for low to moderate individuals for rental and/or purchase.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04058
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0477260
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0233123
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08047
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0154590
IRS990/PYOtherRevenueAmt0916
IRS990/PYProgramServiceRevenueAmt0304459
IRS990/PYRevenuesLessExpensesAmt0104252
IRS990/PYSalariesCompEmpBnftPaidAmt0287703
IRS990/PYTotalExpensesAmt0442293
IRS990/PYTotalRevenueAmt0546545
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0452790
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0428593
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01064160
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0905883
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0577522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0233123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0235650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0124513
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0339706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01510514
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03553
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015724
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01663
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt040564
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01871435
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01306
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0916
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04896
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07118
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86820
IRS990ScheduleA/PublicSupportPY170Pct00.82430
IRS990ScheduleA/PublicSupportTotal170Amt01352842
IRS990ScheduleA/SubstantialContributorsTotAmt0157672
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0577522
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0233123
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0235650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0124513
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0339706
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01510514
IRS990ScheduleA/TotalSupportAmt01558196
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0377591
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0282756
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0660347
IRS990ScheduleD/EquipmentGrp/DepreciationAmt047529
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047529
IRS990ScheduleD/ExpensesSubtotalAmt0487693
IRS990ScheduleD/LandGrp/BookValueAmt040930
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040930
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05818
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05818
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0780
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Other Liabilities
IRS990ScheduleD/RevenueSubtotalAmt0940483
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0418521
IRS990ScheduleD/TotalExpensesPerForm990Amt0487693
IRS990ScheduleD/TotalLiabilityAmt0780
IRS990ScheduleD/TotalRevenuePerForm990Amt0940483
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0940483
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0487693
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of form 990 will be sent electronically to board members with one day allowed for questions or comments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to disclose affiliations and conflicts at board meetings and disclosures are noted in the meeting minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board determines the CEO compensation based on the 2015 Nonprofit Organizations North Carolina State Salary and Benefits Survey for the role of President/CEO plus takes into consideration that the CEO also fills the role of Lead Pre-purchase Counselor and the Instructor of all non-foreclosure prevention workshops.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are kept on file and made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,997,039
Liabilities
$97,612
Net assets
$2,899,427
Revenue
$940,483
Expenses
$487,693
Net income
$452,790
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$0.00$3.52$0.48$0.44$0.04
2023Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.58$0.45$0.13
2022Detailed filing. Detailed filing data is available for this year.$3.35$0.00$3.35$0.55$0.48$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.51$0.48$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.79$0.43$0.36
2019Detailed filing. Detailed filing data is available for this year.$3.00$0.10$2.90$0.94$0.49$0.45
2018Detailed filing. Detailed filing data is available for this year.$2.58$0.13$2.45$0.55$0.44$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.64$0.39$2.24$0.92$0.78$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.71$0.47$2.24$0.50$0.62$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.98$0.62$2.36$0.93$0.52$0.41
2014Summary only. Only limited summary data is available for this year.$3.00$1.05$1.95$0.83$0.67$0.15
2013Summary only. Only limited summary data is available for this year.$2.89$1.09$1.80$1.28$1.23$0.05
2012Summary only. Only limited summary data is available for this year.$3.13$1.38$1.75$1.25$1.05$0.20
2011Summary only. Only limited summary data is available for this year.$3.15$1.60$1.55$1.20$1.21$0.01