Civic Intelligence

101 Gardens

990 • Fiscal year 2018 • EIN 81-0707631

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

PO Box 221831Charlotte, NC 28222

(704) 313-8118

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.69x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

0.50x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Net Margin

15th percentile

-32%

Higher net margin than 15% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Top Officer Pay

78th percentile

$20,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2018 filings • NTEE C • <$500k nonprofits • Source year 2018

Asset Growth

77th percentile

30%

Faster asset growth than 77% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

33%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • NTEE C • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$70,995

Up $16,537 (+30%) from 2017

Net Assets

Down

$21,791

Down $31,209 (-59%) from 2017

Liabilities

Up

$49,204

Up $47,746 (+3275%) from 2017

Revenue

Up

$97,613

Up $24,433 (+33%) from 2017

Expenses

Up

$128,822

Up $82,787 (+180%) from 2017

Net Income

Down

-$31,209

Down $58,354 (-215%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $27,727Liabilities 2015: $8,9302015Assets 2016: $21,550Liabilities 2016: $400Net Assets 2016: $21,1502016Assets 2017: $54,458Liabilities 2017: $1,458Net Assets 2017: $53,0002017Assets 2018: $70,995Liabilities 2018: $49,204Net Assets 2018: $21,7912018Assets 2019: $66,759Liabilities 2019: $15,037Net Assets 2019: $51,7222019Assets 2020: $107,305Liabilities 2020: $28,232Net Assets 2020: $79,0732020Assets 2021: $113,313Liabilities 2021: $14,505Net Assets 2021: $98,8082021Assets 2022: $109,753Liabilities 2022: $7,149Net Assets 2022: $102,6042022Assets 2023: $244,390Liabilities 2023: $46,490Net Assets 2023: $197,9002023Assets 2024: $347,487Liabilities 2024: $37,196Net Assets 2024: $310,2912024

Highlighted filing

2018

Assets$70,995
Liabilities$49,204
Net Assets$21,791

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $25,602Expenses 2015: $6,805Net Income 2015: $18,7972015Revenue 2016: $40,643Expenses 2016: $38,290Net Income 2016: $2,3532016Revenue 2017: $73,180Expenses 2017: $46,035Net Income 2017: $27,1452017Revenue 2018: $97,613Expenses 2018: $128,822Net Income 2018: -$31,2092018Revenue 2019: $169,024Expenses 2019: $139,093Net Income 2019: $29,9312019Revenue 2020: $189,885Expenses 2020: $162,534Net Income 2020: $27,3512020Revenue 2021: $238,654Expenses 2021: $216,356Net Income 2021: $22,2982021Revenue 2022: $282,233Expenses 2022: $278,439Net Income 2022: $3,7942022Revenue 2023: $481,358Expenses 2023: $398,206Net Income 2023: $83,1522023Revenue 2024: $554,725Expenses 2024: $443,427Net Income 2024: $111,2982024

Highlighted filing

2018

Revenue$97,613
Expenses$128,822
Net Income-$31,209
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.0
Gross Receipts
$102,049
Mission and Program Overview

Mission

Provide exciting and engaged learning opportunities by implementing aquaponics programs in schools, institutions and in communities of need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$8,040$69,656▲ $61,616
Other Notes and Loans Receivable, Net$45,377$0▼ $45,377
Prepaid Expenses and Deferred Charges$1,041$1,194▲ $153
Accounts Receivable$0$145▲ $145
Total Assets$54,458$70,995▲ $16,537
Liabilities
Deferred Revenue-$44,076-
Accounts Payable and Accrued Expenses$1,458$5,128▲ $3,670
Other Liabilities-$0-
Total Liabilities$1,458$49,204▲ $47,746
Net Assets / Fund Balance
Unrestricted Net Assets$53,000$20,263▼ $32,737
Temporarily Rstr Net Assets$0$1,528▲ $1,528
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$53,000$21,791▼ $31,209
Total Liabilities and Net Assets / Fund Balance$54,458$70,995▲ $16,537
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sam FlemingExecutive DirectorFT$20,000$20,000

Board Members and Trustees

NameTitle
Britt WeaverChairman of the Board, President
Monty Richard ThompsonVice President, Director
Cynthia MarshalDirector
Mary DouglasDirector (through 6/2018)
Charles OliphantTreasurer, Director
Revenue and Support

Revenue Composition

Contributions and Grants
$24,493
Program Service Revenue
$65,433
Investment Income
$0
Other Revenue
$7,687
All Other Contributions
$23,832
Change in Net Assets
$-31,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,032
Salaries, Compensation, and Employee Benefits$21,790
Total Fundraising Expense$8,022
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$48,829-$48,829
Current Officers, Directors, Trustees, and Key Employees$16,000$1,000$3,000$20,000
Occupancy$5,207$326$977$6,510
Fees for Services Management-$6,000-$6,000
Travel$2,644$165$496$3,305
Insurance$2,249$140$421$2,810
Advertising$1,275-$1,275$2,550
Office Expenses$1,277$180$807$2,264
Payroll Taxes$1,433$89$268$1,790
Information Technology$591$37$111$739
Fees for Services Legal-$600-$600
Other Expenses$102$0$102$204
Fees for Services Accounting-$75-$75
Total Functional Expenses$63,056$57,744$8,022$128,822
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,709
Fundraising Direct Expenses$3,434
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-officers are also directors of 101 Gardensloan - see supplemental info Sch ONo$48,829
-officers are also directors of 101 GardensrentNo$6,510
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

please see Form L Part V

Form 990, Part VI, Section B, Line 11B

Reviewed at board meetings and electronically distributed to board.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy is discussed at board meetings. Annual conflict of interest disclosure statements are reviewed by independent board members.

Form 990, Part VI, Section B, Line 15

Compensation of Executive Director position determined by the full board by review of comparable positions and organizations and analysis of the current market. the process performed during Q1, the compensation rate was established in May 2018.

Form 990, Part VI, Section C, Line 19

By-laws and Form 990 are available upon request. Articles of Incorporation are available on the North Carolina Secretary of State's website: https://www.sosnc.gov/online_services/search/by_title/_Business_Registration

Filing and Contact Details

Filer

Filer Name
101 Gardens
EIN
81-0707631
Phone
7043138118
Address
PO Box 221831, CHARLOTTE, NC 28222
Doing Business As
100 Gardens

Signing Officer

Name
Charles Oliphant
Title
Treasurer
Phone
7042666050
Signed
2019-11-15

Organization Details

Principal Officer
Britt Weaver
Formed
2015
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
3
Employees
1
Volunteers
42
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Bad debt expense - see note Schedule L Part V

Form 990, Part X, Line 7

see supplimental information on Schedule L Part V

Raw XML AppendixShowing 400 of 463 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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IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
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IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt065433
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023832
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011870
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011757
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt032830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt080289
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt065433
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt057786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt032065
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04220
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0159504
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0230293
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt09500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt09500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt09500
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt09500
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt089265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069656
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt043822
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt037050
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0239793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt089265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt069656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt043822
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt037050
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0239793
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/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0100 Gardens LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1100 Gardens LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0officers are also directors of 101 Gardens
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1officers are also directors of 101 Gardens
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt048829
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt16510
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0loan - see supplemental info Sch O
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1rent
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0101 Gardens paid rent and loaned funds to 100 Gardens, LLC. Three of the directors/employees of 101 Gardens (Fleming, Oliphant Thompson) were also officers 100 Gardens, LLC. The formation of 100 Gardens, LLC predated the formation of 101 Gardens and was created to sign a lease and purchase option on facilities for the benefit of 101 Gardens. Contrary to the lease obligations, the owner of the property did not maintain the roof. All demands to the owner to maintain the roof were refused. The deteriorating condition of the building prohibited successful sub-lessing to other tenants to the extent needed to cover the full lease obligations. In order to protect the purchase option, 101 Gardens loaned funds to 100 Gardens, LLC. to cover the balance of lease commitments. Third party funding was arranged to execute the purchase option and give 101 Gardens free or below market use of space. The landlord subsequently refused to honor the purchase option. 101 Gardens vacated the property and action to enforce the lease and purchase option was deemed economically unsound.. 100 Gardens LLC had no employees, paid no compensation or distribution to officers, had no other business activity and was dissolved in 2018. The loan was written off in 2018.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part IV
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0please see Form L Part V
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed at board meetings and electronically distributed to board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflict of interest policy is discussed at board meetings. Annual conflict of interest disclosure statements are reviewed by independent board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation of Executive Director position determined by the full board by review of comparable positions and organizations and analysis of the current market. the process performed during Q1, the compensation rate was established in May 2018.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4By-laws and Form 990 are available upon request. Articles of Incorporation are available on the North Carolina Secretary of State's website: https://www.sosnc.gov/online_services/search/by_title/_Business_Registration
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bad debt expense - see note Schedule L Part V
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6see supplimental information on Schedule L Part V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part X, Line 7
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01528
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt054458
IRS990/TotalAssetsEOYAmt070995
IRS990/TotalAssetsGrp/BOYAmt054458
IRS990/TotalAssetsGrp/EOYAmt070995
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt024493
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08022
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057744
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt063056
IRS990/TotalFunctionalExpensesGrp/TotalAmt0128822
IRS990/TotalGrossUBIAmt05275

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