Civic Intelligence

Bermuda Run Cares Inc.

990EZ • Fiscal year 2023 • EIN 83-2878190

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 02, 2024

240 James WayAdvance, NC 27006

(336) 618-5274

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.00x

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

2023 filings • NTEE P12 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

71st percentile

0.00x

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

2023 filings • NTEE P12 • <$500k nonprofits • Source year 2023

Net Margin

77th percentile

56%

Higher net margin than 77% of similar nonprofits.

2023 filings • NTEE P12 • <$500k nonprofits • Source year 2023

Top Officer Pay

96th percentile

$0

Higher top officer pay than 96% of similar nonprofits.

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

2023 filings • NTEE P12 • <$500k nonprofits • Source year 2023

Asset Growth

95th percentile

620%

Faster asset growth than 95% of similar nonprofits.

2023 filings • NTEE P12 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-70%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • NTEE P12 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$8,064

Up $6,944 (+620%) from 2022

Net Assets

Up

$8,064

Up $6,944 (+620%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$12,374

Down $29,510 (-70%) from 2022

Expenses

Down

$5,430

Down $44,115 (-89%) from 2022

Net Income

Up

$6,944

Up $14,605 (+191%) from 2022

Historical Trend

Balance Sheet Trend

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

$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

2023

Assets$8,064
Liabilities$0
Net Assets$8,064

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$12,374
Expenses$5,430
Net Income$6,944
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 2, 2024
Return Version
2023v4.0
Gross Receipts
$14,124
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.$2,100$2,980
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARRIE MCGUIREPresident-$0--
JENNIFER READERVice-President-$0--
BIBIANNA WILSONSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Bermuda Run Cares Inc
EIN
83-2878190
Address
240 JAMES WAY, ADVANCE, NC 27006

Signing Officer

Name
Carrie Mcguire
Title
President
Phone
3366185274
Signed
2024-03-02
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 camp manna street 243 gibson way city, state, zip mocksville, nc 27028activity charitable grantee united way of davie county inc street 189 gaither street city, state, zip mocksville, nc 27028activity charitable grantee smart start of davie county street 1278 yadkinville road city, state, zip mocksville, nc 27028activity charitable grantee dragonfly house street 387 valley road city, state, zip mocksville, nc 27028activity charitable grantee small grants amount 2,100

Description of other expenses Part I line 16

Description amountmiscellaneous expenses 340office expenses 188program service expenses 1,964website 488

Raw XML Appendix139 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/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt012374
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BERMUDARUNCARES.COM
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt032570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CHARITABLE GRANTEE CAMP MANNA STREET 243 GIBSON WAY CITY, STATE, ZIP MOCKSVILLE, NC 27028ACTIVITY CHARITABLE GRANTEE UNITED WAY OF DAVIE COUNTY INC STREET 189 GAITHER STREET CITY, STATE, ZIP MOCKSVILLE, NC 27028ACTIVITY CHARITABLE GRANTEE SMART START OF DAVIE COUNTY STREET 1278 YADKINVILLE ROAD CITY, STATE, ZIP MOCKSVILLE, NC 27028ACTIVITY CHARITABLE GRANTEE DRAGONFLY HOUSE STREET 387 VALLEY ROAD CITY, STATE, ZIP MOCKSVILLE, NC 27028ACTIVITY CHARITABLE GRANTEE SMALL GRANTS AMOUNT 2,100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTMISCELLANEOUS EXPENSES 340OFFICE EXPENSES 188PROGRAM SERVICE EXPENSES 1,964WEBSITE 488
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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