Civic Intelligence

Friends of Core Banks Inc

EIN 82-5236354 • 501(c)3 • Beaufort, NC

Profile

The primary mission of the organization is to provide a facility for all types of groups, particularly youth groups, to participate in outdoor activities such as fishing, hunting, boating, shelling and all other types of coastal activities. The activities are meant to foster and enhance an appreciation of the natural beauty and heritage of the surrounding coastal area.

688 Hwy 70 OtwayBeaufort, NC 28516

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.22x

Higher debt load relative to assets than 95% of similar nonprofits.

NTEE O99 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

NTEE O99 • <$500k nonprofits • Source year 2024

Asset Growth

59th percentile

0.0%

Faster asset growth than 59% of similar nonprofits.

NTEE O99 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Flat

$1,307

Flat from 2023

Liabilities

Flat

$1,600

Flat from 2023

Net Assets

Flat

-$293

Flat from 2023

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0K$1.5K$1.0K$500$0-$500Assets 2020: $1,052Liabilities 2020: $500Net Assets 2020: $5522020Assets 2021: $797Liabilities 2021: $600Net Assets 2021: $1972021Assets 2022: $1,547Liabilities 2022: $1,600Net Assets 2022: -$532022Assets 2023: $1,307Liabilities 2023: $1,600Net Assets 2023: -$2932023Assets 2024: $1,307Liabilities 2024: $1,600Net Assets 2024: -$2932024

Highlighted filing

2024

Assets$1,307
Liabilities$1,600
Net Assets-$293

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400$300$200$100$0Expenses 2020: $2252020Expenses 2021: $3552021Expenses 2022: $2502022Expenses 2023: $2402023

Latest loaded filing

2023

Revenue-
Expenses$240
Net Income-

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 28, 2025
Return Version
2024v5.0
Mission and Program Overview

Mission

The primary mission of the organization is to provide a facility for all types of groups, particularly youth groups, to participate in outdoor activities such as fishing, hunting, boating, shelling and all other types of coastal activities. The activities are meant to foster and enhance an appreciation of the natural beauty and heritage of the surrounding coastal area.

Program Services

DescriptionGrantsExpenses
TO FOSTER AND ENHANCE AN APPRECIATION OF THE NATURAL BEAUTY AND HERITAGE OF THE SURROUNDING COASTAL AREA.--
TO FOSTER AND ENHANCE AN APPRECIATION OF THE NATURAL BEAUTY AND HERITAGE OF THE SURROUNDING COASTAL AREA.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTOPHER CHADWICKDirector-$0--
MACK BESTDirector-$0--
GERALD COATESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Friends of Core Banks Inc
EIN
82-5236354
Phone
2527286960
Address
688 HWY 70 OTWAY, BEAUFORT, NC 28516

Signing Officer

Name
Christopher Chadwick
Title
Director
Phone
2527286960
Signed
2025-04-28
Discuss with paid preparer
Yes

Preparer

Firm
Bradford H Piner CPA Pa
Address
PO BOX 750, BEAUFORT, NC 28516
Preparer
Bradford H Piner
Phone
2527284832
Supplemental Narrative

Additional Explanations

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 1,600 1,600

Form 990-ez, Part III

The primary mission of the organization is to provide a facility for all types of groups, particularly youth groups, to participate in outdoor activities such as fishing, hunting, boating, shelling and all other types of coastal activities. The activities are meant to foster and enhance an appreciation of the natural beauty and heritage of the surrounding coastal area.

Form 990-ez, Part III, Line 31

To foster and enhance an appreciation of the natural beauty and heritage of the surrounding coastal area.

Raw XML Appendix102 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum02527286960
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0688 HWY 70 OTWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BEAUFORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028516
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01307
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01307
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-293
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-293
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-293
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTOPHER CHADWICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MACK BEST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GERALD COATES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY MISSION OF THE ORGANIZATION IS TO PROVIDE A FACILITY FOR ALL TYPES OF GROUPS, PARTICULARLY YOUTH GROUPS, TO PARTICIPATE IN OUTDOOR ACTIVITIES SUCH AS FISHING, HUNTING, BOATING, SHELLING AND ALL OTHER TYPES OF COASTAL ACTIVITIES. THE ACTIVITIES ARE MEANT TO FOSTER AND ENHANCE AN APPRECIATION OF THE NATURAL BEAUTY AND HERITAGE OF THE SURROUNDING COASTAL AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FOSTER AND ENHANCE AN APPRECIATION OF THE NATURAL BEAUTY AND HERITAGE OF THE SURROUNDING COASTAL AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO FOSTER AND ENHANCE AN APPRECIATION OF THE NATURAL BEAUTY AND HERITAGE OF THE SURROUNDING COASTAL AREA.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01600
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01600
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UNSECURED NOTES AND LOANS PAYABLE 1,600 1,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRIMARY MISSION OF THE ORGANIZATION IS TO PROVIDE A FACILITY FOR ALL TYPES OF GROUPS, PARTICULARLY YOUTH GROUPS, TO PARTICIPATE IN OUTDOOR ACTIVITIES SUCH AS FISHING, HUNTING, BOATING, SHELLING AND ALL OTHER TYPES OF COASTAL ACTIVITIES. THE ACTIVITIES ARE MEANT TO FOSTER AND ENHANCE AN APPRECIATION OF THE NATURAL BEAUTY AND HERITAGE OF THE SURROUNDING COASTAL AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO FOSTER AND ENHANCE AN APPRECIATION OF THE NATURAL BEAUTY AND HERITAGE OF THE SURROUNDING COASTAL AREA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRISTOPHER CHADWICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02527286960
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS OF CORE BANKS INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0825236354
ReturnHeader/Filer/PhoneNum02527286960
ReturnHeader/Filer/USAddress/AddressLine1Txt0688 HWY 70 OTWAY
ReturnHeader/Filer/USAddress/CityNm0BEAUFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028516
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271572893
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRADFORD H PINER CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 750
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEAUFORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028516
ReturnHeader/PreparerPersonGrp/PhoneNum02527284832
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADFORD H PINER
ReturnHeader/ReturnTs02025-05-12T16:45:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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