Civic Intelligence

Garner Elite

990 • Fiscal year 2021 • EIN 83-4276035

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 30, 2022

4809 Kure CourtRaleigh, NC 27603

(919) 661-8777

Siviq Scores

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

Liabilities / Assets

77th percentile

0.00x

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

2021 filings • NTEE N63 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

0.00x

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

2021 filings • NTEE N63 • <$500k nonprofits • Source year 2021

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

2021 filings • NTEE N63 • <$500k nonprofits • Source year 2021

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2021 filings • NTEE N63 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$29,471

No earlier filing loaded for comparison.

Net Assets

$29,471

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$106,337

No earlier filing loaded for comparison.

Expenses

$93,219

No earlier filing loaded for comparison.

Net Income

$13,118

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2021: $29,471Liabilities 2021: $0Net Assets 2021: $29,4712021Assets 2022: $23,460Liabilities 2022: $0Net Assets 2022: $23,4602022Assets 2023: $3,324Liabilities 2023: $0Net Assets 2023: $3,3242023Assets 2024: $1,104Liabilities 2024: $0Net Assets 2024: $1,1042024

Highlighted filing

2021

Assets$29,471
Liabilities$0
Net Assets$29,471

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $106,337Expenses 2021: $93,219Net Income 2021: $13,1182021Revenue 2022: $87,713Expenses 2022: $93,724Net Income 2022: -$6,0112022Revenue 2023: $53,226Expenses 2023: $73,362Net Income 2023: -$20,1362023Revenue 2024: $66,662Expenses 2024: $68,882Net Income 2024: -$2,2202024

Highlighted filing

2021

Revenue$106,337
Expenses$93,219
Net Income$13,118
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 30, 2022
Return Version
2021v4.0
Gross Receipts
$106,337
Mission and Program Overview

Mission

To assist young people in their physical and emotional development through team sports

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$16,353$29,471▲ $13,118
Rtn Earn Endowment Incm Other Fnds$16,353$29,471▲ $13,118
Total Assets$16,353$29,471▲ $13,118
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,353$29,471▲ $13,118
Total Liabilities and Net Assets / Fund Balance$16,353$29,471▲ $13,118
Compensation and Service Providers

Board Members and Trustees

NameTitle
William OatesPresident
Lori MeyerSecretary
Donna StephensTreasurer
Jody StephensVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$21,499
Program Service Revenue
$84,838
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$13,118
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,219
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$86,607--$86,607
Insurance$2,646--$2,646
Advertising$2,391--$2,391
Office Expenses$1,575--$1,575
Total Functional Expenses$93,219$0$0$93,219
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Garner Elite Inc
EIN
83-4276035
Address
4809 KURE COURT, RALEIGH, NC 27603

Signing Officer

Name
William Oates
Title
President
Signed
2022-04-30

Organization Details

Principal Officer
William Oates
Formed
2019
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
0
Employees
0

Preparer

Firm
Laura English CPA
Address
32 OLD JOHNSON RD, WENDELL, NC 27591
Preparer
Laura a English
Phone
9193499146
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

SPORTS PROGRAMS

Form 990, Part IX, Line 11G

Sports equipment 19,559 0 0 tournament and player fees 54,811 0 0 dues and subscriptions 1,322 0 0 bank charges 30 0 0 prizes 3,308 0 0 supplies 3,951 0 0 meals 3,626 0 0 total 86,607 0 0

Raw XML Appendix246 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SPORTS EQUIPMENT 19,559 0 0 TOURNAMENT AND PLAYER FEES 54,811 0 0 DUES AND SUBSCRIPTIONS 1,322 0 0 BANK CHARGES 30 0 0 PRIZES 3,308 0 0 SUPPLIES 3,951 0 0 MEALS 3,626 0 0 TOTAL 86,607 0 0
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-30
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ReturnHeader/Filer/EIN0834276035
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ReturnHeader/ReturnTs02022-05-06T05:17:11-05:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings