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        <AssetsDistriOrExpnssPaidDesc>During the tax year, Pilot View Resource Conservation and Development, Inc. was the recipient of a $7,000,000 directed grant from the State of North Carolina under Session Law 2023134 OSBMDR Agreement No. FY24DG13405 for a stream restoration project on Bahnson Creek in Davie County, NC. Pursuant to a Notice of Termination dated March 26, 2025 from the NC Office of State Budget and Management, the State and Pilot View consented to terminate the grant. Pilot View closed out the grant, terminated any related subrecipient agreements, and returned essentially the entire $7,000,000, plus accrued interest, retaining only approved professional and administrative costs. This repayment caused the large decrease in net assets and is reported as an other change in net assets and return of grant funds.</AssetsDistriOrExpnssPaidDesc>
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        <FormAndLineReferenceDesc>Part III</FormAndLineReferenceDesc>
        <ExplanationTxt>| PartandLinenumber:,Explanation:| Part II Line 1,During the 2024 tax year Pilot View Resource Conservation and Development Inc. was the recipient of a $7,000,000 directed grant from the State of North Carolina under Session Law 2023134 OSBMDR Agreement No. FY24DG13405 for a stream restoration project on Bahnson Creek in Davie County NC. Pursuant to a Notice of Termination directed by Rep. Julia Howard and dated March 26 2025 from the NC Office of State Budget and Management the State terminated the grant. Pilot View closed out the grant terminated any related subrecipient agreements and returned essentially the entire $7,000,000 plus accrued interest retaining only approved professional and administrative costs. This repayment caused the large decrease in net assets and is reported as an other change in net assets and return of grant funds. For questions please contact us at Pilotviewrcdgmail.com|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I, line 16</FormAndLineReferenceDesc>
        <ExplanationTxt>| Other Expenses:, Amount:| Bank Charges $67.00 | Insurance $698.00 |Meetings $138.00 | Project Expenses $204,319.00 | Return of State Appropriation of Funding to NC State $7,179,291.00. Pilot View received notification of the termination of the grant received in 2024. Rep. Julia Howard of Davie County terminated the grant. If you have additional questions in reference to this matter please contact us at pilotviewrcd@gmail.com, $7381049|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I, line 20</FormAndLineReferenceDesc>
        <ExplanationTxt>| Explanation:, Amount:| Release of deferred revenue., $137697|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part II, line 24</FormAndLineReferenceDesc>
        <ExplanationTxt>| Explanation:, BOYAmount:, EOYAmount:| Accounts receivable, $29413, $0|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part II, line 26</FormAndLineReferenceDesc>
        <ExplanationTxt>| Explanation:, BOYAmount:, EOYAmount:| Accounts Payable $13,757.00 | Deferred revenue $153,353.00, $167110, $0|</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I, Line 18</FormAndLineReferenceDesc>
        <ExplanationTxt>| Explanation:| In 2024 Pilot View RCD was awarded $7 million to carry out a Stream Restoration project in Bermuda Run Davie County. Regrettably in March 2025 the NC Office of State Budget and Management rescinded these funds despite Pilot View RCD being up to date on all required reporting. If you would like to view a copy of the Bill that included the technical correction please dont hesitate to reach out to us.</ExplanationTxt>
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