Civic Intelligence

Oak City Shredders

EIN 86-1657450 • 501(c)3 • Pittsboro, NC

Profile

To organize host support and foster international Onewheel and personal electrical vehicle PEV racing and trick competitions and to educate the public about Onewheel and Personal Electric Vehicle safe riding. Program activities included the 2nd annual PEV fundraiser and competition safe riding and racing and trick clinics and group rides as well as supporting top competitors with competition expenses.

633 Chapel Ridge DrivePittsboro, NC 27312

http: oakcityshredders.org

Siviq Scores

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

Liabilities / Assets

68th percentile

0.00x

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

NTEE N70 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.00x

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

NTEE N70 • <$500k nonprofits • Source year 2024

Net Margin

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

NTEE N70 • <$500k nonprofits • Source year 2024

Top Officer Pay

90th percentile

$4,000

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

NTEE N70 • <$500k nonprofits • Source year 2024

Asset Growth

67th percentile

31%

Faster asset growth than 67% of similar nonprofits.

NTEE N70 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

502%

Faster revenue growth than 97% of similar nonprofits.

NTEE N70 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$26,555

Up $6,323 (+31%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$26,555

Up $6,323 (+31%) from 2023

Operations
Liabilities / Revenue69th percentileNet Margin75th percentile

Revenue

Up

$29,005

Up $24,186 (+502%) from 2023

Expenses

Up

$22,682

Up $17,735 (+359%) from 2023

Net Income

Up

$6,323

Up $6,451 (+5040%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

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

$30K$20K$10K$0Assets 2022: $20,360Liabilities 2022: $0Net Assets 2022: $20,3602022Assets 2023: $20,232Liabilities 2023: $0Net Assets 2023: $20,2322023Assets 2024: $26,555Liabilities 2024: $0Net Assets 2024: $26,5552024

Highlighted filing

2024

Assets$26,555
Liabilities$0
Net Assets$26,555
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

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

$30K$20K$10K$0-$10KRevenue 2022: $15,769Expenses 2022: $0Net Income 2022: $15,7692022Revenue 2023: $4,819Expenses 2023: $4,947Net Income 2023: -$1282023Revenue 2024: $29,005Expenses 2024: $22,682Net Income 2024: $6,3232024

Highlighted filing

2024

Revenue$29,005
Expenses$22,682
Net Income$6,323
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$26,555
Liabilities
$0
Net assets
$26,555
Revenue
$29,005
Expenses
$22,682
Net income
$6,323
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$26.6$0.00$26.6$29.0$22.7$6.32
2023Detailed filing. Detailed filing data is available for this year.$20.2$0.00$20.2$4.82$4.95$0.13
2022Detailed filing. Detailed filing data is available for this year.$20.4$0.00$20.4$15.8$0.00$15.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 22, 2025
Return Version
2024v5.1
Gross Receipts
$137,940
Mission and Program Overview

Mission

To organize host support and foster international Onewheel and personal electrical vehicle PEV racing and trick competitions and to educate the public about Onewheel and Personal Electric Vehicle safe riding. Program activities included the 2nd annual PEV fundraiser and competition safe riding and racing and trick clinics and group rides as well as supporting top competitors with competition expenses.

Program Services

DescriptionGrantsExpenses
Oak City Shred Fest is an annual event that provides an opportunity for one wheel and other PEV riders to compete in races trick competitions and attend clinics$0$0
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joshua ChristensenPresidentPT$4,000-$4,000
David WolfTreasurerPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ocsf 5$118,319$113,828$52,569$61,259
Event 2$0$0$0$0
Total Events$118,319$113,828$90,306$23,522
Filing and Contact Details

Filer

Filer Name
Oak City Shredders
EIN
86-1657450
In Care Of
% Joshua Christensen
Address
633 Chapel Ridge Drive, Pittsboro, NC 27312

Signing Officer

Name
Joshua Christensen
Title
President
Signed
2025-05-22
Supplemental Narrative

Additional Explanations

Part I, line 10

“| Grants And Similar Amounts Paid:, Amount:| Samaritans Purse, $430| Raleigh Parks, $70|”

Part I, line 16

“| Other Expenses:, Amount:| Accounting Fees, $469| Merchant Fees for online transactions, $1393| Marketing, $2623| Software Apps Website expenses, $2388| Office Supplies, $95| Bank Fees, $10| Fuel and Gas, $310| Sound video and computer equipment, $9427|”

Part II, line 24

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|”

Part II, line 26

“| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|”

Raw XML Appendix239 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/ExplanationTxt0| Grants And Similar Amounts Paid:, Amount:| Samaritans Purse, $430| Raleigh Parks, $70|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Other Expenses:, Amount:| Accounting Fees, $469| Merchant Fees for online transactions, $1393| Marketing, $2623| Software Apps Website expenses, $2388| Office Supplies, $95| Bank Fees, $10| Fuel and Gas, $310| Sound video and computer equipment, $9427|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Explanation:, BOYAmount:, EOYAmount:| Other assets, $0, $0|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II, line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part II, line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Joshua Christensen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OAK CITY SHREDDERS
ReturnHeader/Filer/BusinessNameControlTxt0OAKC
ReturnHeader/Filer/EIN0861657450
ReturnHeader/Filer/ForeignPhoneNum09168128652
ReturnHeader/Filer/InCareOfNm0% Joshua Christensen
ReturnHeader/Filer/USAddress/AddressLine1Txt0633 Chapel Ridge Drive
ReturnHeader/Filer/USAddress/CityNm0Pittsboro
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027312
ReturnHeader/ReturnTs02025-05-21T20:03:44-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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