Civic Intelligence

Noroc Inc

990EZ • Fiscal year 2021 • EIN 75-2742723

Jan 01, 2021 to Dec 31, 2021 • Filed on May 09, 2022

200 Hedges DrAbilene, TX 79605

(325) 692-0284

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

19th percentile

-21%

Higher net margin than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

27th percentile

-8.3%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

4.9%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$289,104

Down $26,286 (-8.3%) from 2020

Net Assets

Down

$289,104

Down $26,286 (-8.3%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$126,724

Up $5,892 (+4.9%) from 2020

Expenses

Up

$153,010

Up $30,242 (+25%) from 2020

Net Income

Down

-$26,286

Down $24,350 (-1258%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $283,646Net Assets 2011: $283,6462011Assets 2012: $374,923Liabilities 2012: $0Net Assets 2012: $374,9232012Assets 2013: $320,864Liabilities 2013: $0Net Assets 2013: $320,8642013Assets 2014: $357,843Liabilities 2014: $0Net Assets 2014: $357,8432014Assets 2015: $358,271Liabilities 2015: $0Net Assets 2015: $358,2712015Assets 2016: $326,694Liabilities 2016: $0Net Assets 2016: $326,6942016Assets 2017: $317,738Liabilities 2017: $0Net Assets 2017: $317,7382017Assets 2018: $301,346Liabilities 2018: $0Net Assets 2018: $301,3462018Assets 2019: $317,326Liabilities 2019: $0Net Assets 2019: $317,3262019Assets 2020: $315,390Net Assets 2020: $315,3902020Assets 2021: $289,104Net Assets 2021: $289,1042021Assets 2022: $546,300Liabilities 2022: $0Net Assets 2022: $546,3002022Assets 2023: $469,202Liabilities 2023: $0Net Assets 2023: $469,2022023Assets 2024: $393,362Liabilities 2024: $0Net Assets 2024: $393,3622024

Highlighted filing

2021

Assets$289,104
Liabilities-
Net Assets$289,104

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $147,986Expenses 2011: $154,690Net Income 2011: -$6,7042011Expenses 2012: $118,2112012Revenue 2013: $267,786Expenses 2013: $321,845Net Income 2013: -$54,0592013Revenue 2014: $183,290Expenses 2014: $146,311Net Income 2014: $36,9792014Revenue 2015: $172,750Expenses 2015: $172,322Net Income 2015: $4282015Revenue 2016: $133,652Expenses 2016: $165,229Net Income 2016: -$31,5772016Revenue 2017: $185,071Expenses 2017: $194,027Net Income 2017: -$8,9562017Revenue 2018: $124,508Expenses 2018: $140,900Net Income 2018: -$16,3922018Revenue 2019: $162,990Expenses 2019: $147,010Net Income 2019: $15,9802019Revenue 2020: $120,832Expenses 2020: $122,768Net Income 2020: -$1,9362020Revenue 2021: $126,724Expenses 2021: $153,010Net Income 2021: -$26,2862021Revenue 2022: $499,489Expenses 2022: $242,293Net Income 2022: $257,1962022Revenue 2023: $268,126Expenses 2023: $345,224Net Income 2023: -$77,0982023Revenue 2024: $258,741Expenses 2024: $334,581Net Income 2024: -$75,8402024

Highlighted filing

2021

Revenue$126,724
Expenses$153,010
Net Income-$26,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.0
Gross Receipts
$126,724
Mission and Program Overview

Mission

Program for the care of romanian orphans

Program Services

DescriptionGrantsExpenses
FUNDING PROVIDED TO ROMANIAN MISSIONARIES TO PROVIDE THE FUNDING FOR THE CARE OF ROMANIAN ORPHANS$144,372-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REV MARY FERRISDirector-$0--
DR ANCA PACURARUDirector-$0--
BARBARA DAVISDirector-$0--
REV RICHARD SCHEMPPPresident-$0--
REV CLIFFORD STEWARTDirector-$0--
DR FRED WHITEDirector-$0--
REV JANICE SIXDirector-$0--
ROBIN DANIELSDirector-$0--
REV DANA MAYFIELDDirector-$0--
EVELYN STEWARTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Noroc Inc
EIN
75-2742723
Phone
3256920284
Address
200 HEDGES DR, ABILENE, TX 79605

Signing Officer

Name
Fred White
Title
Director
Signed
2022-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Bibb & Associates Pc
Address
1165 LYTLE WAY STE A, ABILENE, TX 79602
Preparer
Randall W Bibb CPA
Phone
3256763446
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - NOROC, INC.ATTACHMENT TO FORM 990 AND 990EZYEAR ENDED DECEMBER 31, 2021TIN - 75-2742723INTEREST IN A FINANCIAL ACCOUNT IN A FOREIGN COUNTRYNOROC DOES NOT HAVE A BANK ACCOUNT IN ROMANIA. NOROC KEEPS ITS FUNDS IN A U.S. BANK ACCOUNT AT THE FIRST NATIONAL BANK OF BAIRD IN BAIRD, TEXAS. ROMANIAN MISSIONARIES WITHDRAW FUNDS FROM THE U.S. BANK ACCOUNT IN ROMANIA BY USING AN ATM CARD.

Other Expenses.1002

Office Expenses $186

Other Expenses.1005

Travel $10468

Other Expenses.1

LABOR ROMANIA $53361

Other Expenses.2

PROGRAM SUPPLIES $27483

Other Expenses.3

GENERAL SUPPLIES $4435

Other Expenses.4

Medical romanian kids $3910

Other Expenses.5

Meals romanian kids $3028

Other Expenses.6

Scholarship romania $2674

Other Expenses.7

TELEPHONE $2290

Other Expenses.8

BANK FEES $575

Other Expenses.9

TAXES ROMANAI $532

Other Expenses.10

Summer program supplies $482

Other Expenses.11

MISCELLANEOUS $478

Raw XML Appendix202 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0109902
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - NOROC, INC.ATTACHMENT TO FORM 990 AND 990EZYEAR ENDED DECEMBER 31, 2021TIN - 75-2742723INTEREST IN A FINANCIAL ACCOUNT IN A FOREIGN COUNTRYNOROC DOES NOT HAVE A BANK ACCOUNT IN ROMANIA. NOROC KEEPS ITS FUNDS IN A U.S. BANK ACCOUNT AT THE FIRST NATIONAL BANK OF BAIRD IN BAIRD, TEXAS. ROMANIAN MISSIONARIES WITHDRAW FUNDS FROM THE U.S. BANK ACCOUNT IN ROMANIA BY USING AN ATM CARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $10468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LABOR ROMANIA $53361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM SUPPLIES $27483
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GENERAL SUPPLIES $4435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEDICAL ROMANIAN KIDS $3910
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEALS ROMANIAN KIDS $3028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SCHOLARSHIP ROMANIA $2674
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TELEPHONE $2290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK FEES $575
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TAXES ROMANAI $532
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12SUMMER PROGRAM SUPPLIES $482
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MISCELLANEOUS $478
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ReturnHeader/ReturnTs02022-05-09T06:27:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WHITE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.93$0.00$3.93$2.59$3.35$0.76
2023Detailed filing. Detailed filing data is available for this year.$4.69$0.00$4.69$2.68$3.45$0.77
2022Detailed filing. Detailed filing data is available for this year.$5.46$0.00$5.46$4.99$2.42$2.57
2021Detailed filing. Detailed filing data is available for this year.$2.89$2.89$1.27$1.53$0.26
2020Detailed filing. Detailed filing data is available for this year.$3.15$3.15$1.21$1.23$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.17$0.00$3.17$1.63$1.47$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.01$0.00$3.01$1.25$1.41$0.16
2017Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$1.85$1.94$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$1.34$1.65$0.32
2015Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$1.73$1.72$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.58$0.00$3.58$1.83$1.46$0.37
2013Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.21$2.68$3.22$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$0.00$3.75$1.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$2.84$1.48$1.55$0.07