Civic Intelligence

First Rung Partners Inc

990PF • Fiscal year 2024 • EIN 84-4692633

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 31, 2025

Organization Profile
304 Orange StreetBeaufort, NC 28516-1821

(919) 323-9870

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2024 filings • NTEE S • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • NTEE S • <$500k nonprofits • Source year 2024

Net Margin

94th percentile

80%

Higher net margin than 94% of similar nonprofits.

2024 filings • NTEE S • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2024 filings • NTEE S • <$500k nonprofits • Source year 2024

Asset Growth

82nd percentile

43%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

78th percentile

41%

Faster revenue growth than 78% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$188,233

Up $56,379 (+43%) from 2023

Net Assets

Up

$188,233

Up $56,379 (+43%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin94th percentile

Revenue

Up

$70,385

Up $20,337 (+41%) from 2023

Expenses

Up

$14,006

Up $3,574 (+34%) from 2023

Net Income

Up

$56,379

Up $16,763 (+42%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$200K$150K$100K$50K$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $73,064Liabilities 2021: $0Net Assets 2021: $73,0642021Assets 2022: $92,238Liabilities 2022: $0Net Assets 2022: $92,2382022Assets 2023: $131,854Liabilities 2023: $0Net Assets 2023: $131,8542023Assets 2024: $188,233Liabilities 2024: $0Net Assets 2024: $188,2332024

Highlighted filing

2024

Assets$188,233
Liabilities$0
Net Assets$188,233
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

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

$80K$60K$40K$20K$0Revenue 2020: $2,489Expenses 2020: $2,489Net Income 2020: $02020Revenue 2021: $76,548Expenses 2021: $3,484Net Income 2021: $73,0642021Revenue 2022: $29,635Expenses 2022: $10,461Net Income 2022: $19,1742022Revenue 2023: $50,048Expenses 2023: $10,432Net Income 2023: $39,6162023Revenue 2024: $70,385Expenses 2024: $14,006Net Income 2024: $56,3792024

Highlighted filing

2024

Revenue$70,385
Expenses$14,006
Net Income$56,379
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAURA J S BENSONPresidentPT$0--
WALTER J SLIVA JRVice PresidentPT$0--
KENDALL E SLIVASecretary/TreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
First Rung Partners Inc
EIN
84-4692633
Phone
9193239870
Address
304 ORANGE STREET, BEAUFORT, NC 28516-1821

Signing Officer

Name
Laura Benson
Title
President
Phone
9193239870
Signed
2025-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Bernard Robinson & Company Llp
Address
100 E CUMBERLAND STREET, DUNN, NC 28334
Preparer
Jeremy S Bass CPA
Phone
9108921021
Raw XML Appendix328 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2KENDALL E SLIVA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2SECRETARY/TREASURER
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0CONTINUED COLLABORATION WITH CARTERET COMMUNITY COLLEGE'S SMALL BUSINESS CENTER TO IMPROVE CRITERIA AND REQUIREMENTS FOR ELIGIBLE APPLICANTS
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0SEE APPLICATION AT HTTPS://FIRSTRUNGFUND.ORG.
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0LAURA BENSON
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0FIRST RUNG PROVIDES LOW-INTEREST (PRIME RATE) MICRO-LOANS UP TO $25,000 TO YOUNG ENTREPRENEURS (AGES 21-50) WHO PLAN TO START OR CURRENTLY HAVE A SMALL BUSINESS LOCATED IN CARTERET COUNTY. FUNDS MUST BE USED FOR APPROVED BUSINESS-RELATED COSTS, SUCH AS SPACE, INVENTORY, EQUIPMENT, MARKETING, ADVERTISING, OR TECHNOLOGY. LOAN AMOUNTS ARE DETERMINED ON A CASE-BY-CASE BASIS DEPENDING ON THE BUSINESS NEEDS AND THE INTENDED PURPOSE FOR THE FUNDS. IF APPROVED, A SEPARATE PACKET OF LOAN DOCUMENTS MUST BE COMPLETED, INCLUDING A BUSINESS LOAN AGREEMENT, PROMISSORY NOTE, AND A SECURITY AGREEMENT.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NOT APPLICABLE.
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0LAURA J S BENSON
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1WALTER J SLIVA JR
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IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt026719
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0137634
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt062639
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt017529
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt030747
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt026719
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt083574
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt062639
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0137634
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt074995
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt0WALTER J SILVA JR AND LAURA JS BENSON
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1Txt1JAMES AND IRENE ROBERT
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorNum12
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt0304 ORANGE STREET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt1475 RIVER MOORINGS DRIVE
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0BEAUFORT
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1MERRITT ISLAND
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NC
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd1FL
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd028516
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd132953
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd1X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt030000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt110000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt074339
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0PROGRAM RELATED INVESTMENTS - LOAN FUND
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0134535
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0134535
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0WEB DEVELOPMENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3OFFICE SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4FUNDRAISING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5ACCOUNTING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0953
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt3121
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt237
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0953
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11306
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2219
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3121
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt48265
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt53125
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0WALTER J SLIVA JR AND LAURA JS BENS
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm1JAMES AND IRENE ROBERT
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt0304 ORANGE STREET
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt1475 RIVER MOORINGS DRIVE
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0BEAUFORT
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm1MERRITT ISLAND
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0NC
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd1FL
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd028516
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd132953
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA BENSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09193239870
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIRST RUNG PARTNERS INC
ReturnHeader/Filer/BusinessNameControlTxt0FIRS
ReturnHeader/Filer/EIN0844692633
ReturnHeader/Filer/PhoneNum09193239870
ReturnHeader/Filer/USAddress/AddressLine1Txt0304 ORANGE STREET
ReturnHeader/Filer/USAddress/CityNm0BEAUFORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0285161821
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560571159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD ROBINSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 E CUMBERLAND STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DUNN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028334
ReturnHeader/PreparerPersonGrp/PhoneNum09108921021
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEREMY S BASS CPA
ReturnHeader/ReturnTs02025-11-02T23:32:37-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$188,233
Liabilities
$0
Net assets
$188,233
Revenue
$70,385
Expenses
$14,006
Net income
$56,379
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.70$0.14$0.56
2023Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.50$0.10$0.40
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.30$0.10$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.77$0.03$0.73
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.02$0.02$0.00