Civic Intelligence

Regroup Carolinas

990EZ • Fiscal year 2021 • EIN 85-3371659

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 17, 2022

Organization ProfileN/A
2300 Tattersall DrCharlotte, NC 28210

(704) 309-7163

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

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

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

Liabilities / Revenue

33rd percentile

0.00x

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

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

Net Margin

56th percentile

6.6%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

89th percentile

57%

Faster asset growth than 89% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

70%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • NTEE L • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets36th percentile

Assets

Up

$1,080

Up $390 (+57%) from 2020

Net Assets

Up

$1,080

Up $390 (+57%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin56th percentile

Revenue

Up

$5,933

Up $2,437 (+70%) from 2020

Expenses

Up

$5,543

Up $2,737 (+98%) from 2020

Net Income

Down

$390

Down $300 (-43%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$300K$200K$100K$0Assets 2020: $690Liabilities 2020: $0Net Assets 2020: $6902020Assets 2021: $1,080Liabilities 2021: $0Net Assets 2021: $1,0802021Assets 2022: $47,132Liabilities 2022: $0Net Assets 2022: $47,1322022Assets 2023: $48,230Liabilities 2023: $0Net Assets 2023: $48,2302023Assets 2024: $293,088Liabilities 2024: $0Net Assets 2024: $293,0882024

Highlighted filing

2021

Assets$1,080
Liabilities$0
Net Assets$1,080
Open 2021 Filing

Operations Trend

Revenue Growth86th percentile

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

$600K$400K$200K$0Revenue 2020: $3,496Expenses 2020: $2,806Net Income 2020: $6902020Revenue 2021: $5,933Expenses 2021: $5,543Net Income 2021: $3902021Revenue 2022: $46,092Expenses 2022: $40Net Income 2022: $46,0522022Revenue 2023: $120,798Expenses 2023: $119,700Net Income 2023: $1,0982023Revenue 2024: $468,310Expenses 2024: $223,452Net Income 2024: $244,8582024

Highlighted filing

2021

Revenue$5,933
Expenses$5,543
Net Income$390
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 17, 2022
Return Version
2021v4.0
Gross Receipts
$5,933
Mission and Program Overview

Mission

The organization's charitable purpose is to raise money for public charities that operate in communities throughout the carolinas. To that end, the organization will engage in a variety of fundraising activities for the benefit of local charities.

Program Services

DescriptionGrantsExpenses
CHARLOTTE TOOLBANK IS A NONPROFIT TOOL-LENDING PROGRAM THAT PROVIDES CHARITABLE ORGANIZATIONS WITH YEAR-ROUND ACCESS TO AN INVENTORY OF TOOLS.$5,000$5,543
CHARLOTTE TOOLBANK IS A NONPROFIT TOOL-LENDING PROGRAM THAT PROVIDES CHARITABLE ORGANIZATIONS WITH YEAR-ROUND ACCESS TO AN INVENTORY OF TOOLS.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM RHODESChairman-$0--
JEFF TETTAMBELVice Chairma-$0--
PATRICK FAULKNERTreasurer-$0--
MATT BREWSTERSecretary-$0--
CHRIS SOCHABoard Member-$0--
MIKE TROPSHABoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Regroup Carolinas
EIN
85-3371659
Phone
7043097163
Address
2300 TATTERSALL DR, CHARLOTTE, NC 28210

Signing Officer

Name
Jim Rhodes
Title
Chairman
Phone
7049562218
Signed
2022-11-17

Preparer

Firm
Stewart & Company
Address
2940 N LYNNHAVEN RD, VIRGINIA BEACH, VA 23452
Preparer
William R Stewart
Phone
7574860114
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses banking fees 90 other expense 453 total 543”

Form 990-ez, Part III

“The organization's charitable purpose is to raise money for public charities that operate in communities throughout the carolinas. To that end, the organization will engage in a variety of fundraising activities for the benefit of local charities.”

Form 990-ez, Part III, Line 31

“Charlotte toolbank is a nonprofit tool-lending program that provides charitable organizations with year-round access to an inventory of tools.”

Raw XML Appendix128 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JIM RHODES
IRS990EZ/BooksInCareOfDetail/PhoneNum07049562218
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0357 CONCRESCERE PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DAVIDSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028036
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0690
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01080
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05933
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0390
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0690
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01080
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05000
IRS990EZ/GrossReceiptsAmt05933
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0690
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01080
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0690
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01080
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIM RHODES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFF TETTAMBEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PATRICK FAULKNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MATT BREWSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRIS SOCHA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MIKE TROPSHA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0543
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S CHARITABLE PURPOSE IS TO RAISE MONEY FOR PUBLIC CHARITIES THAT OPERATE IN COMMUNITIES THROUGHOUT THE CAROLINAS. TO THAT END, THE ORGANIZATION WILL ENGAGE IN A VARIETY OF FUNDRAISING ACTIVITIES FOR THE BENEFIT OF LOCAL CHARITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHARLOTTE TOOLBANK IS A NONPROFIT TOOL-LENDING PROGRAM THAT PROVIDES CHARITABLE ORGANIZATIONS WITH YEAR-ROUND ACCESS TO AN INVENTORY OF TOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CHARLOTTE TOOLBANK IS A NONPROFIT TOOL-LENDING PROGRAM THAT PROVIDES CHARITABLE ORGANIZATIONS WITH YEAR-ROUND ACCESS TO AN INVENTORY OF TOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt05000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05543
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05543
IRS990EZ/TotalProgramServiceExpensesAmt05543
IRS990EZ/TotalRevenueAmt05933
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03496
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09429
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt09429
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05933
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03496
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09429
IRS990ScheduleA/TotalSupportAmt09429
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANKING FEES 90 OTHER EXPENSE 453 TOTAL 543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S CHARITABLE PURPOSE IS TO RAISE MONEY FOR PUBLIC CHARITIES THAT OPERATE IN COMMUNITIES THROUGHOUT THE CAROLINAS. TO THAT END, THE ORGANIZATION WILL ENGAGE IN A VARIETY OF FUNDRAISING ACTIVITIES FOR THE BENEFIT OF LOCAL CHARITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHARLOTTE TOOLBANK IS A NONPROFIT TOOL-LENDING PROGRAM THAT PROVIDES CHARITABLE ORGANIZATIONS WITH YEAR-ROUND ACCESS TO AN INVENTORY OF TOOLS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReasonableCauseExplanation/ExplanationTxt0DUE TO COMPLICATIONS ARISING FROM THE IMPACT OF THE COVID-19 PANDEMIC, THE ORGANIZATION WAS UNABLE TO TIMELY GATHER ADEQUATE INFORMATION NECESSARY TO PREPARE COMPLETE BOOKS AND RECORDS SUFFICIENT FOR TAX RETURN PREPARATION.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM RHODES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07049562218
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REGROUP CAROLINAS
ReturnHeader/Filer/BusinessNameControlTxt0REGR
ReturnHeader/Filer/EIN0853371659
ReturnHeader/Filer/PhoneNum07043097163
ReturnHeader/Filer/USAddress/AddressLine1Txt02300 TATTERSALL DR
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541447170
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEWART & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02940 N LYNNHAVEN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VIRGINIA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023452
ReturnHeader/PreparerPersonGrp/PhoneNum07574860114
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM R STEWART
ReturnHeader/ReturnTs02022-11-17T14:27:55-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RHODES
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,080
Liabilities
$0
Net assets
$1,080
Revenue
$5,933
Expenses
$5,543
Net income
$390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$4.68$2.23$2.45
2023Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.21$1.20$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.46$0.00$0.46
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.06$0.06$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.03$0.03$0.01