Civic Intelligence

Shallow Ford Foundation Inc

EIN 04-3795285 • 501(c)3 • Clemmons, NC

Profile

To provide charitable assistance to local, national, and international charitable service activities, including making of distributions to organizations that qualify as exempt under sec 501(c)(3) and 170(c)(2)

PO Box 567Clemmons, NC 27012-0567

www.shallowfordfoundation.org

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

14th percentile

0.02x

Higher debt load relative to revenue than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

87th percentile

46%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

32%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$18,155,000

Up $1,950,914 (+12%) from 2023

Liabilities

Up

$40,462

Up $28,979 (+252%) from 2023

Net Assets

Up

$18,114,538

Up $1,921,935 (+12%) from 2023

Revenue

Up

$1,850,289

Up $445,028 (+32%) from 2023

Expenses

Up

$1,008,223

Up $142,421 (+16%) from 2023

Net Income

Up

$842,066

Up $302,607 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $108,231Liabilities 2011: $8,8912011Assets 2012: $83,399Liabilities 2012: $02012Assets 2013: $1,008,005Liabilities 2013: $0Net Assets 2013: $1,008,0052013Assets 2014: $1,063,957Liabilities 2014: $0Net Assets 2014: $1,063,9572014Assets 2015: $1,099,937Liabilities 2015: $15,000Net Assets 2015: $1,084,9372015Assets 2016: $2,109,897Liabilities 2016: $17,379Net Assets 2016: $2,092,5182016Assets 2017: $12,499,884Liabilities 2017: $622Net Assets 2017: $12,499,2622017Assets 2018: $13,496,567Liabilities 2018: $5,518Net Assets 2018: $13,491,0492018Assets 2019: $13,940,309Liabilities 2019: $17,002Net Assets 2019: $13,923,3072019Assets 2020: $14,151,499Liabilities 2020: $12,899Net Assets 2020: $14,138,6002020Assets 2021: $16,710,912Liabilities 2021: $13,792Net Assets 2021: $16,697,1202021Assets 2022: $14,996,692Liabilities 2022: $14,289Net Assets 2022: $14,982,4032022Assets 2023: $16,204,086Liabilities 2023: $11,483Net Assets 2023: $16,192,6032023Assets 2024: $18,155,000Liabilities 2024: $40,462Net Assets 2024: $18,114,5382024

Highlighted filing

2024

Assets$18,155,000
Liabilities$40,462
Net Assets$18,114,538

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $66,701Expenses 2011: $61,480Net Income 2011: $5,2212011Revenue 2012: $5,117Expenses 2012: $21,058Net Income 2012: -$15,9412012Revenue 2013: $946,608Expenses 2013: $17,774Net Income 2013: $928,8342013Revenue 2014: $206,500Expenses 2014: $150,548Net Income 2014: $55,9522014Revenue 2015: $158,277Expenses 2015: $137,297Net Income 2015: $20,9802015Revenue 2016: $1,053,721Expenses 2016: $79,434Net Income 2016: $974,2872016Revenue 2017: $9,976,082Expenses 2017: $100,857Net Income 2017: $9,875,2252017Revenue 2018: $616,960Expenses 2018: $332,901Net Income 2018: $284,0592018Revenue 2019: $977,852Expenses 2019: $545,594Net Income 2019: $432,2582019Revenue 2020: $698,730Expenses 2020: $721,818Net Income 2020: -$23,0882020Revenue 2021: $2,245,323Expenses 2021: $946,984Net Income 2021: $1,298,3392021Revenue 2022: $1,795,921Expenses 2022: $917,685Net Income 2022: $878,2362022Revenue 2023: $1,405,261Expenses 2023: $865,802Net Income 2023: $539,4592023Revenue 2024: $1,850,289Expenses 2024: $1,008,223Net Income 2024: $842,0662024

Highlighted filing

2024

Revenue$1,850,289
Expenses$1,008,223
Net Income$842,066

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.2$0.04$18.1$1.85$1.01$0.84
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.2$0.01$16.2$1.41$0.87$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$0.01$15.0$1.80$0.92$0.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$0.01$16.7$2.25$0.95$1.30
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$14.2$0.01$14.1$0.70$0.72$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$0.02$13.9$0.98$0.55$0.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$0.01$13.5$0.62$0.33$0.28
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.5$0.00$12.5$9.98$0.10$9.88
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.02$2.09$1.05$0.08$0.97
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.02$1.08$0.16$0.14$0.02
2014Summary only. Only limited summary data is available for this year.$1.06$0.00$1.06$0.21$0.15$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.95$0.02$0.93
2012Summary only. Only limited summary data is available for this year.$0.08$0.00$0.01$0.02$0.02
2011Summary only. Only limited summary data is available for this year.$0.11$0.01$0.07$0.06$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,850,289
Mission and Program Overview

Mission

To unlock the full philanthropic potential of our communities to address needs and interests with resources for transformational solutions and strategies.

To unlock the full philanthropic potential of our communities of clemmons, lewisville, and yadkin county. To address needs and interests with charitable resources toward transformational solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,743,069$17,671,697▲ $1,928,628
Savings and Temporary Cash Investments$26,771$249,569▲ $222,798
Cash and Non-Interest-Bearing Accounts$432,033$192,285▼ $239,748
Land, Buildings, and Equipment, Net$2,213$987▼ $1,226
Total Assets$16,204,086$18,155,000▲ $1,950,914
Other Assets Total-$40,462-
Liabilities
Other Liabilities-$40,462-
Accounts Payable and Accrued Expenses$11,483--
Total Liabilities$11,483$40,462▲ $28,979
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,192,603$18,114,538▲ $1,921,935
Total Net Assets Fund Balance$16,192,603$18,114,538▲ $1,921,935
Total Liabilities and Net Assets / Fund Balance$16,204,086$18,155,000▲ $1,950,914

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$987$5,145$6,132

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$12,900,715$14,440▲ $1,626,770-$13,710,632
2022$12,522,285$60,538▲ $1,046,158-$12,900,716
2021$15,063,253$12,378▼ $1,785,856-$12,522,285
2020$12,936,248$122,840▲ $2,821,961-$15,063,253
2019$13,010,705$132,659▲ $443,912-$12,936,248
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandi ScannelliCEOFT$133,596$4,008$137,604

Board Members and Trustees

NameTitle
Robert Sipprell JrChair
Ronnie Lee WillardVice Chair
Bowen HouffDirector
Brett HogeDirector
Dan PughDirector
Emmy CornDirector
Jennifer JohnsonDirector
Kim HensonDirector
Robin PaulDirector
Stacy MayhewDirector
Victoria CrissmanDirector
William LawlerDirector
Tim W BellImmed Past C
Holly GroceSecretary
Bradley GrayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$863,458
Program Service Revenue
$0
Investment Income
$986,831
Other Revenue
$0
All Other Contributions
$813,458
Change in Net Assets
$842,066

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other2$251,671Appraisal of Fair Market Value (FMV)
Securities Publicly Traded11$225,443Avg High/low Price on Day
Total Noncash Contributions13$477,114-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,775,175
Revenue Not Reported on Financial Statements
$75,114
Revenue Not Reported on Form 990
$1,079,868
Total Revenue per Audited Statements
$2,855,043
Total Revenue per Form 990
$1,850,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$473,456
Salaries, Compensation, and Employee Benefits$319,810
Other Expenses$214,957
Total Fundraising Expense$21,698
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$473,456--$473,456
Other Salaries and Wages$123,194$26,510$6,238$155,942
Current Officers, Directors, Trustees, and Key Employees$105,541$22,711$5,344$133,596
Fees for Service Investment Mgmnt Fees$75,114--$75,114
All Other Expenses$20,487$5,384$3,688$29,559
Payroll Taxes$17,498$3,765$886$22,149
Occupancy$12,087$2,601$612$15,300
Other Employee Benefits$6,417$1,381$325$8,123
Office Expenses$6,413$1,332$345$8,090
Other Expenses$13,033$6,827$3,875$6,827
Fees for Services Accounting-$6,200-$6,200
Information Technology$2,733$588$139$3,460
Travel$2,572$684$120$3,376
Insurance$1,544$1,261$78$2,883
Advertising$1,485--$1,485
Depreciation Depletion$969$208$48$1,225
Total Functional Expenses$894,596$91,929$21,698$1,008,223

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,008,223
Expenses per Audited Statements$933,109
Total Expenses per Audited Statements$933,109
Expenses Not Reported on Financial Statements$75,114
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Love Out LoudWinstonsalem, NC501c3Facility Program/sup$59,699
Yadkin County Public SchoolsYadkinville, NCGovInstructional Suppor$32,850
Cancer Services IncWinstonsalem, NC501c3Cancer Patient Suppo$28,660
Hands of Hope Medical ClinicYadkinville, NC501c3Medical Support Serv$16,500
Yadkin Arts CouncilYadkinville, NC501c3Arts Programming$12,250
Clemmons United Methodist ChurchClemmons, NC501c3Community Ministries$12,100
Magnify Ministries IncYadkinville, NC501c3Home Repairs$12,000
Threshold Retreat and FarmEast Bend, NC501c3Ag Training/food Dis$12,000
YveddiJonesville, NC501c3Facility Improvement$12,000
Yadkin County Rescue Squad and EmsYadkinville, NC501c3Rescue Equipment$11,300
University of North Carolina-chapelChapel Hill, NC501c3Student Scholarships$11,200
Animal Adoption & Rescue FoundationWinstonsalem, NC501c3Support to Seniors$10,000
Bloomsberg Commonwealth UniversityBloomsburg, PA501c3Student Scholarships$10,000
CHILDREN'S LAW CENTER OF CENTRAL NCWinstonsalem, NC501c3Childrens Legal Supp$10,000
Fostering Faith FoundationClemmons, NC501c3Support Foster Famil$10,000
Salem BandWinstonsalem, NC501c3Arts Program$8,900
Ymca of Northwest NcWinstonsalem, NC501c3Childrens Programs$7,925
Compassion Care CenterYadkinville, NC501c3Prenancy Support$7,016
CHILDREN'S CENTER OF NORTHWEST NCYadkinville, NC501c3CHILDREN'S ASSISTANC$7,000
Winston Salem FirstWinstonsalem, NC501c3Bldg Improvement$7,000
Appalachian State UniversityBoone, NC501c3Student Scholarships$6,000
New Horizons Adult Day Services IncYadkinville, NC501c3Adult Care Programs$6,000
Solus ChristusEast Bend, NC501c3Recovery Center Supp$6,000
Smart Start of Yadkin CountyYadkinville, NC501c3Program Support$5,200
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Lease Liability$40,462
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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, Page 6, Part VI, Line 11B

The completed 990 is reviewed by the board members prior to filing.

Form 990, Page 6, Part VI, Line 12C

All directors, staff, and volunteers are required annually to complete a form disclosing all interests. Further, these individuals are required to remove themselves from discussion and any voting if a conflict is identified. The treasurer and staff monitor disclosures and any potential conflict of interest, with reminder, if needed, of necessary recusal.

Form 990, Page 6, Part VI, Line 15A

Compensation is determined by the board based on a review of field salary survey reports (council on foundations), and local comparable positions, and candidate experience. The executive committee is charged with initiating the ceo's annual performance review and conducting the comp studies, which is completed annually.

Form 990, Page 6, Part VI, Line 19

The board has a policy to avail its governing documents, conflict of interest policy and financial statements available upon request. Further, the foundation is registered with the north carolina state solicitation licensing branch, where documents are also on file. No requests for any of these documents have been made.

Filing and Contact Details

Filer

Filer Name
Shallow Ford Foundation Inc
EIN
04-3795285
Phone
3366636794
Address
PO BOX 567, CLEMMONS, NC 27012-0567

Signing Officer

Name
Jennifer Johnson
Title
Chair
Phone
3366636794
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Johnson
Formed
2004
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
6
Volunteers
110

Preparer

Firm
Christen Souers LLC
Address
10347 DAWSONS CREEK BLVD STE C, FORT WAYNE, IN 46825-1905
Preparer
Anna M Collins CPA
Phone
2604840653
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers are used as needed

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The intended use of the endowment funds is for annual grant making from the investment earnings to fulfill the perpetual philanthropic intentions of the donors who created the fund.

Raw XML AppendixShowing 400 of 762 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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