Civic Intelligence

Littleton Acorn Center Inc

EIN 99-2736382 • 501(c)3 • Littleton, NC

Profile

Our mission is to provide and support facilities dedicated to arts education and instruction, while fostering knowledge and appreciation of the performing and theatrical arts. Through hosting musical and theatrical performances, we aim to inspire community engagement and promote a lifelong interest in the study and celebration of the arts.

225 Spring StreetLittleton, NC 27850
Siviq Scores

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

Liabilities / Assets

96th percentile

1.26x

Higher debt load relative to assets than 96% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

0.48x

Higher debt load relative to revenue than 90% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Net Margin

27th percentile

-9.4%

Higher net margin than 27% of similar nonprofits.

NTEE A • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$82,800

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

NTEE A • $500k-$1M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Assets

$210,359

No earlier filing loaded for comparison.

Liabilities

$265,323

No earlier filing loaded for comparison.

Net Assets

-$54,964

No earlier filing loaded for comparison.

Revenue

$549,318

No earlier filing loaded for comparison.

Expenses

$600,827

No earlier filing loaded for comparison.

Net Income

-$51,509

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2024: $210,359Liabilities 2024: $265,323Net Assets 2024: -$54,9642024

Highlighted filing

2024

Assets$210,359
Liabilities$265,323
Net Assets-$54,964

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2024: $549,318Expenses 2024: $600,827Net Income 2024: -$51,5092024

Highlighted filing

2024

Revenue$549,318
Expenses$600,827
Net Income-$51,509

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$579,476
Mission and Program Overview

Mission

Our mission is to provide and support facilities dedicated to arts education and instruction, while fostering knowledge and appreciation of the performing and theatrical arts. Through hosting musical and theatrical performances, we aim to inspire community engagement and promote a lifelong interest in the study and celebration of the arts.

Provide and support facilities for education and instruction in the arts and will advance knowledge and appreciation of performance and theatrical arts through the hosting of musical and theatrical performances. It will also promote interest in the study of the arts in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$194,615-
Accounts Receivable-$14,744-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net-$0-
Loans From Officers Directors-$0-
Rtn Earn Endowment Incm Other Fnds-$-54,964-
Total Assets$0$210,359▲ $210,359
Other Assets Total$0$1,000▲ $1,000
Liabilities
Accounts Payable and Accrued Expenses-$237,766-
Deferred Revenue-$26,557-
Other Liabilities$0$1,000▲ $1,000
Total Liabilities$0$265,323▲ $265,323
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-54,964▼ $54,964
Total Liabilities and Net Assets / Fund Balance$0$210,359▲ $210,359

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$16,509$16,509
Equipment$0$5,034$5,034
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth BranhamSecretaryFT$82,800$82,800

Board Members and Trustees

NameTitle
Debra FittsPresident
Edward FittsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$367,411
Program Service Revenue
$139,742
Investment Income
$0
Other Revenue
$42,165
All Other Contributions
$357,911
Change in Net Assets
$-51,509
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$397,545
Salaries, Compensation, and Employee Benefits$203,282
Total Fundraising Expense$34,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$62,209$30,594$9,178$101,981
Current Officers, Directors, Trustees, and Key Employees$50,508$24,840$7,452$82,800
Advertising$41,907$20,610$6,183$68,700
Fees for Services Accounting-$51,251-$51,251
Occupancy$21,954$10,797$3,239$35,990
Office Expenses$16,222$7,979$2,393$26,594
Fees for Services Legal-$22,880-$22,880
Depreciation Depletion$13,141$6,463$1,939$21,543
Payroll Taxes$10,176$5,004$1,501$16,681
Insurance$5,208$2,562$768$8,538
All Other Expenses$1,941$955$286$3,182
Other Expenses$1,701$839$251$2,791
Pension Plan Contributions$1,110$546$164$1,820
Travel$1,107$544$163$1,814
Fees for Services Other$0$100$0$100
Interest$7$4$1$12
Total Functional Expenses$379,139$187,662$34,026$600,827
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$1,000
Rental Deposits-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

Edward and Debra Fitts - Family relationship

Form 990, Part VI, Line 11B Review of form 990 by governing body

Ed, Deb, and Elizabeth will be provided a copy of the 990 from Forvis Mazars. They will review and ask questions as needed.

Form 990, Part VI, Line 12C Conflict of interest policy

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Board so that it may consider the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the Board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board members shall decide if a conflict of interest exists.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

Industry standard for performing arts venues.

Form 990, Part VI, Line 19 Required documents available to the public

Upon Request

Filing and Contact Details

Filer

Filer Name
Littleton Acorn Center Inc
EIN
99-2736382
Phone
4846803724
Address
225 Spring Street, Littleton, NC 27850

Signing Officer

Name
Debra Fitts
Title
President
Phone
4846803724
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
2024
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
2
Employees
27
Volunteers
21

Preparer

Firm
Forvis Mazars LLP
Address
4161 Piedmont Parkway Suite 310, Greensboro, NC 27410
Preparer
David Vogler
Phone
3368895156
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0498153
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0498153
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0498153
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0498153
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05034
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05034
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016509
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016509
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal Income Taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rental Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt01000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Edward and Debra Fitts - Family relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Ed, Deb, and Elizabeth will be provided a copy of the 990 from Forvis Mazars. They will review and ask questions as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Board so that it may consider the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the Board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board members shall decide if a conflict of interest exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Industry standard for performing arts venues.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Upon Request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2 Family/business relationships amongst interested persons
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b Review of form 990 by governing body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c Conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a Process to establish compensation of top management official
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19 Required documents available to the public
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0na
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0851734267
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0Restaurant
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0Bluejay Industries LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0225 Spring Street
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0Littleton
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd027850
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Ed Fitts Charitable Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Littleton Academy Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0201914665
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1863305014
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Charity
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0225 Spring Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1225 Spring Street
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Littleton
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Littleton
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd027850
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd127850
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false

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