Civic Intelligence

Bermuda Run Cares Inc.

EIN 83-2878190 • 501(c)3 • Advance, NC

Pub. 78 Eligible990-N CoverageNTEE P12

Profile

Meet needs of community families & child

240 James WayAdvance, NC 27006

www.bermudaruncares.com

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

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

NTEE P12 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.00x

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

NTEE P12 • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-17%

Higher net margin than 18% of similar nonprofits.

NTEE P12 • <$500k nonprofits • Source year 2024

Top Officer Pay

97th percentile

$0

Higher top officer pay than 97% of similar nonprofits.

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

NTEE P12 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-24%

Faster asset growth than 25% of similar nonprofits.

NTEE P12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

-8.7%

Faster revenue growth than 44% of similar nonprofits.

NTEE P12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$6,089

Down $1,975 (-24%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$6,089

Down $1,975 (-24%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin18th percentile

Revenue

Down

$11,299

Down $1,075 (-8.7%) from 2023

Expenses

Up

$13,274

Up $7,844 (+144%) from 2023

Net Income

Down

-$1,975

Down $8,919 (-128%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$10K$5.0K$0Assets 2019: $998Liabilities 2019: $0Net Assets 2019: $9982019Assets 2021: $8,781Liabilities 2021: $0Net Assets 2021: $8,7812021Assets 2022: $1,120Liabilities 2022: $0Net Assets 2022: $1,1202022Assets 2023: $8,064Liabilities 2023: $0Net Assets 2023: $8,0642023Assets 2024: $6,089Liabilities 2024: $0Net Assets 2024: $6,0892024

Highlighted filing

2024

Assets$6,089
Liabilities$0
Net Assets$6,089
Open 2024 Filing

Operations Trend

Revenue Growth44th percentile

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

$60K$40K$20K$0-$20KRevenue 2019: $28,988Expenses 2019: $27,990Net Income 2019: $9982019Revenue 2021: $51,778Expenses 2021: $47,799Net Income 2021: $3,9792021Revenue 2022: $41,884Expenses 2022: $49,545Net Income 2022: -$7,6612022Revenue 2023: $12,374Expenses 2023: $5,430Net Income 2023: $6,9442023Revenue 2024: $11,299Expenses 2024: $13,274Net Income 2024: -$1,9752024

Highlighted filing

2024

Revenue$11,299
Expenses$13,274
Net Income-$1,975
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,089
Liabilities
$0
Net assets
$6,089
Revenue
$11,299
Expenses
$13,274
Net income
-$1,975
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.09$0.00$6.09$11.3$13.3$1.98
2023Detailed filing. Detailed filing data is available for this year.$8.06$0.00$8.06$12.4$5.43$6.94
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$41.9$49.5$7.66
2021Detailed filing. Detailed filing data is available for this year.$8.78$0.00$8.78$51.8$47.8$3.98
2019Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$29.0$28.0$1.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 4, 2025
Return Version
2024v5.0
Gross Receipts
$35,474
Mission and Program Overview

Mission

Meet needs of community families & child

Program Services

DescriptionGrantsExpenses
PAYMENTS MADE TO ORGANIZATIONS THAT PROVIDE THE ESSENTIAL NEEDS, RESOURCES, AND SUPORTIVE SERVICES TO THE FAMILIES AND CHILDREN WHO ARE IN NEED IN OUR COMMUNITY.$10,000$2,904
Compensation and Service Providers
Top Officer Pay97th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARRIE MCGUIREPresident-$0--
JENNIFER READERVice-President-$0--
BIBIANNA WILSONSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Talent Show$30,662$30,662$11,881$18,781
Total Events$30,662$30,662$24,175$6,487
Filing and Contact Details

Filer

Filer Name
Bermuda Run Cares Inc
EIN
83-2878190
In Care Of
% CARRIE MCGUIRE
Phone
3366185274
Address
240 JAMES WAY, ADVANCE, NC 27006

Signing Officer

Name
Carrie Mcguire
Title
President
Phone
3366185274
Signed
2025-02-04
Discuss with paid preparer
Yes

Preparer

Firm
Ledford Newsom PC
Address
P O Box 605, Mocksville, NC 27028-0605
Preparer
Allan Newsom
Phone
3367512374
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity CHARITABLE Grantee A STOREHOUSE FOR JESUS Street 675 LEXINGTON ROAD City, State, Zip Mocksville, NC 27028Amount 5,000Activity CHARITABLE Grantee DAVIE HIGH HUNGER FIGHTERS Street 180 WAR EAGLE DRIVE City, State, Zip MOCKSVILLE, NC 27028Amount 5,000Activity CHARITABLE Grantee SMALL GRANTS”

Description of other expenses Part I line 16

“Description AmountOFFICE EXPENSES 194PROGRAM SERVICE EXPENSES 2,690WEBSITE 20”

Raw XML Appendix158 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/PersonNm0CARRIE MCGUIRE
IRS990EZ/BooksInCareOfDetail/PhoneNum03366185274
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0240 JAMES WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ADVANCE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027006
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08064
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06089
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04812
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1975
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0370
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08064
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06089
IRS990EZ/FundraisingGrossIncomeAmt030662
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/GrossReceiptsAmt035474
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08064
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06089
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08064
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06089
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CARRIE MCGUIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNIFER READER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BIBIANNA WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt02904
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MEET NEEDS OF COMMUNITY FAMILIES & CHILD
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PAYMENTS MADE TO ORGANIZATIONS THAT PROVIDE THE ESSENTIAL NEEDS, RESOURCES, AND SUPORTIVE SERVICES TO THE FAMILIES AND CHILDREN WHO ARE IN NEED IN OUR COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02904
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt024175
IRS990EZ/SpecialEventsNetIncomeLossAmt06487
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013274
IRS990EZ/TotalProgramServiceExpensesAmt02904
IRS990EZ/TotalRevenueAmt011299
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BERMUDARUNCARES.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04812
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt014124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011621
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt037382
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt037382
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04812
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt014124
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06825
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IRS990ScheduleA/Total509Grp/TotalAmt037382
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04812
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt014124
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06825
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt011621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt037382
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt024175
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TALENT SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07590
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07590
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030662
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06487
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011881
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011881
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04704
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04704
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity CHARITABLE Grantee A STOREHOUSE FOR JESUS Street 675 LEXINGTON ROAD City, State, Zip Mocksville, NC 27028Amount 5,000Activity CHARITABLE Grantee DAVIE HIGH HUNGER FIGHTERS Street 180 WAR EAGLE DRIVE City, State, Zip MOCKSVILLE, NC 27028Amount 5,000Activity CHARITABLE Grantee SMALL GRANTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountOFFICE EXPENSES 194PROGRAM SERVICE EXPENSES 2,690WEBSITE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARRIE MCGUIRE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03366185274
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BERMUDA RUN CARES INC
ReturnHeader/Filer/BusinessNameControlTxt0BERM
ReturnHeader/Filer/EIN0832878190
ReturnHeader/Filer/InCareOfNm0% CARRIE MCGUIRE
ReturnHeader/Filer/PhoneNum03366185274
ReturnHeader/Filer/USAddress/AddressLine1Txt0240 JAMES WAY
ReturnHeader/Filer/USAddress/CityNm0ADVANCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027006
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0921183171
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ledford Newsom PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 605
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mocksville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0270280605
ReturnHeader/PreparerPersonGrp/PhoneNum03367512374
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLAN NEWSOM
ReturnHeader/ReturnTs02025-03-07T08:01:59-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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