Civic Intelligence

Sandhills Cooperation Association

990 • Fiscal year 2021 • EIN 81-0754596

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 28, 2023

348 N Main StreetTroy, NC 27371

(910) 573-7370

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

23rd percentile

-3.2%

Higher net margin than 23% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

144%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$214,980

Down $29,868 (-12%) from 2020

Net Assets

Down

$214,980

Down $29,868 (-12%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$967,671

Up $571,236 (+144%) from 2020

Expenses

Up

$998,229

Up $836,857 (+519%) from 2020

Net Income

Down

-$30,558

Down $265,621 (-113%) from 2020

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2020: $244,848Liabilities 2020: $0Net Assets 2020: $244,8482020Assets 2021: $214,980Liabilities 2021: $0Net Assets 2021: $214,9802021Assets 2022: $35,988Net Assets 2022: $35,9882022

Highlighted filing

2021

Assets$214,980
Liabilities$0
Net Assets$214,980

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2020: $396,435Expenses 2020: $161,372Net Income 2020: $235,0632020Revenue 2021: $967,671Expenses 2021: $998,229Net Income 2021: -$30,5582021Revenue 2022: $114,201Expenses 2022: $291,755Net Income 2022: -$177,5542022

Highlighted filing

2021

Revenue$967,671
Expenses$998,229
Net Income-$30,558
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 28, 2023
Return Version
2021v4.0
Gross Receipts
$967,671
Mission and Program Overview

Mission

The primary exempt purpose of the Sandhills Cooperation Association is to promote social and economic self-sufficiency in marginalized communities. To achieve this the organization focuses on providing resources tools and inspiration to individuals who are interested in exploring cooperative models and creating sustainable lifestyles for themselves. We offer community conversations and financial education opportunities to help people develop the skills they need to gain economic independence and autonomy. We also work with organizations and businesses to create structural changes toward more sustainable enterprises. Our ultimate goal is to create thriving communities where people have the power to make a positive difference in their own lives as well as the lives of those around them.

To engage empower activate and support individual actions to live a life giving their God-given and to support communities increasing their self-reliance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$245,538$214,980▼ $30,558
Rtn Earn Endowment Incm Other Fnds$245,538$214,980▼ $30,558
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$245,538$214,980▼ $30,558
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$245,538$214,980▼ $30,558
Total Liabilities and Net Assets / Fund Balance$245,538$214,980▼ $30,558
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sherri AllgoodExecutive Director
Mary HouseAdministrative Assistant
Cindy TaylorCommunity Project Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$967,671
Investment Income
$0
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-30,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$708,670
Salaries, Compensation, and Employee Benefits$279,059
Grants and Similar Amounts Paid$10,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$422,395$0$0$422,395
Current Officers, Directors, Trustees, and Key Employees$0$260,591$0$260,591
Office Expenses$181,417$11,416$0$192,833
Fees for Services Accounting$0$60,051$0$60,051
Payroll Taxes$0$18,468$0$18,468
Occupancy$5,050$9,760$0$14,810
Grants to Domestic Orgs$10,000--$10,500
Conferences and Meetings$5,479$929$0$6,408
Travel$5,563$0$0$5,563
Advertising$1,981$3,270$0$5,251
Insurance$0$1,188$0$1,188
Information Technology$107$64$0$171
Total Functional Expenses$631,992$365,737$0$998,229
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Blue Angel Outreach IncPinehurst, NC501(c)(3)Food Program$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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

Part VI, Section B, Line 11B

The Sandhills Cooperation Association first ensures that all the information provided on the form is accurate. This includes verifying the financial data organizational activities and other relevant matters reported by the filer. Additionally they review any attachments to ensure the accuracy and completeness of their audits. Finally they analyze the data for overall compliance with the IRS requirements.

Part VI, Section B, Line 12C

The Sandhills Cooperation Association SCA is committed to transparency and ethical decision-making in all aspects of its operations. As such the organization closely monitors proposed or ongoing transactions for potential conflicts of interest resulting from any relationship between a party involved in the transaction and an SCA director officer employee volunteer or spouse. In order to detect and manage potential and actual conflicts of interest the SCA has established procedures for screening transactions. This includes having at least one independent party review any proposed or ongoing transaction to determine if there is a conflict of interest as well as requiring that any director officer employee or volunteer who has a personal relationship with a party involved in the transaction recuse themselves from voting on or approving the transaction.

Part VI, Section B, Line 15

| Name of the Person:, The process used to establish compensation of the person who served in:|, The year in which this process was last undertaken:| Zondra Harris, The Sandhills Cooperation Association established its process for compensating the person who serves in positions of the organization at the time of hiring. This process is based on a compensation framework that takes into account multiple factors including skillset and experience scope of responsibilities performance expectations contribution to outcomes achieved and other relevant criteria. The individual's total compensation is determined based on a review of these factors. Additionally the association takes into account market rate compensation for similar positions in the region to ensure that it is paying competitive wages. The association also reviews and adjusts this process periodically to ensure accuracy and fairness., 2020|

Part VI, Section C, Line 19

The Sandhills Cooperation Association is subject to the laws and regulations of the United States governing nonprofit organizations. As such their governing documents including articles of incorporation and bylaws conflict of interest policy and financial statements are available to the general public for review during a given tax year. This information may be requested directly from the organization's office.

Filing and Contact Details

Filer

Filer Name
Sandhills Cooperation Association
EIN
81-0754596
In Care Of
% Sherri Allgood
Address
348 N Main Street, Troy, NC 27371

Signing Officer

Name
Sherri Allgood
Title
Executive Director
Signed
2023-06-28
Discuss with paid preparer
No

Organization Details

Formed
2015
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Youth veteran community gardening and summer entrepreneur program., $33021, $0, $3000| Mushroom Grow Room entrepreneur model and training., $28738, $0, $0| Increase the number of individuals who are Black Indigenous and People of Color BIPOC and from other historically marginalized populations* receiving COVID-19 vaccinations across the state of North Carolina., $28454, $0, $30000| Assisting and mentoring new and existing businesses., $19685, $0, $5650| Healthy foods program for marginalized communities, $17770, $0, $0| Teaching youth in marginalized communities how to cook healthy meals. Provide resources and assistance to help support individuals and families in achieving their goals of financial stability and long-term success through community conversations., $15884, $0, $0| Provide families with financial literacy classes. Community conversations to address strategies for self-reliance., $11545, $0, $0|

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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018468
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt018468
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Sherri Allgood
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624210
IRS990/ProgramServiceRevenueGrp/BusinessCd1923120
IRS990/ProgramServiceRevenueGrp/BusinessCd2561499
IRS990/ProgramServiceRevenueGrp/BusinessCd3624110
IRS990/ProgramServiceRevenueGrp/Desc0624210
IRS990/ProgramServiceRevenueGrp/Desc1923120
IRS990/ProgramServiceRevenueGrp/Desc2561499
IRS990/ProgramServiceRevenueGrp/Desc3624110
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0929021
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25650
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0929021
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25650
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgSrvcAccomActy2Grp/Desc0Focuses on increasing access to fresh healthy foods in communities where it is often difficult to buy such products. The program aims to combat food insecurity by enabling people with limited resources to grow fruits and vegetables for their own consumption.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046629
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0This program teaches healthy eating and provides education on the benefits of healthy food choices.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt037962
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07700
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IRS990/PYGrantsAndSimilarPaidAmt01295
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
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IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0160077
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0388735
IRS990/PYRevenuesLessExpensesAmt0235063
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0161372
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0396435
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-30558
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0929021
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0245538
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0214980
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt030021
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0445223
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99
IRS990ScheduleA/PublicSupportPY170Pct01.00
IRS990ScheduleA/PublicSupportTotal170Amt029721
IRS990ScheduleA/SubstantialContributorsTotAmt0300
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016121
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt030021
IRS990ScheduleA/TotalSupportAmt030021
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000

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