Civic Intelligence

Cms Foundation

990 • Fiscal year 2023 • EIN 20-0258541

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 08, 2024

Organization ProfileWWW.CMS-FOUNDATION.ORG
4421 Stuart Andrew BoulevardCharlotte, NC 28217

(704) 973-4500

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

Higher debt load relative to assets than 25% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Net Margin

12th percentile

-28%

Higher net margin than 12% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

95th percentile

$314,887

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 24.4% of source-year revenue.

2023 filings • NTEE B • $1M-$5M nonprofits • Source year 2023

Asset Growth

26th percentile

-4.3%

Faster asset growth than 26% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-10%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets25th percentile

Assets

Down

$2,324,495

Down $104,514 (-4.3%) from 2022

Net Assets

Down

$2,319,495

Down $109,514 (-4.5%) from 2022

Liabilities

Up

$5,000

Up $5,000 from 2022

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin12th percentile

Revenue

Down

$1,292,506

Down $150,133 (-10%) from 2022

Expenses

Up

$1,653,238

Up $79,623 (+5.1%) from 2022

Net Income

Down

-$360,732

Down $229,756 (-175%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth26th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $221,487Liabilities 2012: $0Net Assets 2012: $221,4872012Assets 2013: $299,683Liabilities 2013: $0Net Assets 2013: $299,6832013Assets 2014: $625,780Liabilities 2014: $0Net Assets 2014: $625,7802014Assets 2015: $467,187Liabilities 2015: $0Net Assets 2015: $467,1872015Assets 2016: $496,521Liabilities 2016: $0Net Assets 2016: $496,5212016Assets 2017: $362,871Liabilities 2017: $0Net Assets 2017: $362,8712017Assets 2018: $454,404Liabilities 2018: $0Net Assets 2018: $454,4042018Assets 2019: $985,381Liabilities 2019: $0Net Assets 2019: $985,3812019Assets 2020: $2,035,073Liabilities 2020: $0Net Assets 2020: $2,035,0732020Assets 2021: $2,648,221Liabilities 2021: $0Net Assets 2021: $2,648,2212021Assets 2022: $2,429,009Liabilities 2022: $0Net Assets 2022: $2,429,0092022Assets 2023: $2,324,495Liabilities 2023: $5,000Net Assets 2023: $2,319,4952023Assets 2024: $3,353,867Liabilities 2024: $10,000Net Assets 2024: $3,343,8672024

Highlighted filing

2023

Assets$2,324,495
Liabilities$5,000
Net Assets$2,319,495
Open 2023 Filing

Operations Trend

Revenue Growth26th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2012: $255,222Expenses 2012: $258,295Net Income 2012: -$3,0732012Revenue 2013: $235,293Expenses 2013: $157,097Net Income 2013: $78,1962013Revenue 2014: $505,395Expenses 2014: $179,298Net Income 2014: $326,0972014Revenue 2015: $47,941Expenses 2015: $206,532Net Income 2015: -$158,5912015Revenue 2016: $253,007Expenses 2016: $223,675Net Income 2016: $29,3322016Revenue 2017: $557,820Expenses 2017: $808,892Net Income 2017: -$251,0722017Revenue 2018: $475,450Expenses 2018: $627,215Net Income 2018: -$151,7652018Revenue 2019: $1,446,568Expenses 2019: $812,849Net Income 2019: $633,7192019Revenue 2020: $2,685,676Expenses 2020: $1,430,220Net Income 2020: $1,255,4562020Revenue 2021: $3,841,369Expenses 2021: $3,256,557Net Income 2021: $584,8122021Revenue 2022: $1,442,639Expenses 2022: $1,573,615Net Income 2022: -$130,9762022Revenue 2023: $1,292,506Expenses 2023: $1,653,238Net Income 2023: -$360,7322023Revenue 2024: $2,587,340Expenses 2024: $1,706,391Net Income 2024: $880,9492024

Highlighted filing

2023

Revenue$1,292,506
Expenses$1,653,238
Net Income-$360,732
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 8, 2024
Return Version
2022v5.0
Gross Receipts
$1,335,508
Mission and Program Overview

Mission

The mission of the cms foundation is to leverage supplemental resources to maximize academic achievement by every student in every school in the charlotte mecklenburg school system.

The cms foundation is the trusted bridge between cms and the donor community. We are dedicated to (1) people - cultivating a spirit of generosity and professional support for cms educators (2) power - being a catalyst for achieving system-wide dreams, goals and objectives. (3) purpose - developing a countywide culture of support for the children of cms.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,355,906$2,143,929▼ $211,977
Cash and Non-Interest-Bearing Accounts$72,103$180,566▲ $108,463
Pledges and Grants Receivable$1,000--
Total Assets$2,429,009$2,324,495▼ $104,514
Liabilities
Deferred Revenue-$5,000-
Total Liabilities$0$5,000▲ $5,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,366,683$2,039,116▼ $327,567
Net Assets Without Donor Restrictions$62,326$280,379▲ $218,053
Total Net Assets Fund Balance$2,429,009$2,319,495▼ $109,514
Total Liabilities and Net Assets / Fund Balance$2,429,009$2,324,495▼ $104,514

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,612,914--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$204,852$6,791▲ $16,504-$199,405
2021$237,167$4,145▼ $30,845-$204,852
2020$193,265$2,761▲ $44,732-$237,167
2019$201,878$6,826▲ $4,878-$193,265
2018$193,605$21,504▲ $7,352-$201,878
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleOtherTotal
Earnest WinstonSuperintendent (to 4/2022)$103,464$103,464

Board Members and Trustees

NameTitle
Adam BernsteinDirector
Ann B ClarkDirector
Courtney RameyDirector
Crystal HillDirector
David WebbDirector
Deidra Parish WilliamsDirector
Douglas W BensonDirector
Gerard CamachoDirector
Greg SkidmoreDirector
Julie Robinson ShefferDirector
Kathryn KissamDirector
Kobi BrinsonDirector
Lindsay H JonesDirector
Sandra HolubDirector
Sheila JordanDirector
Thomas M ScrivenerDirector
Sonja Gantt GibsonExecutive Director
Hugh HattabaughSuperintendent (from 4/2022)
Revenue and Support

Revenue Composition

Contributions and Grants
$1,149,089
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$143,417
All Other Contributions
$1,146,569
Change in Net Assets
$-360,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,300,178
Other Expenses$185,901
Salaries, Compensation, and Employee Benefits$167,159
Total Fundraising Expense$13,805
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,300,178--$1,300,178
Current Officers, Directors, Trustees, and Key Employees$74,703$85,920$6,536$167,159
Fees for Services Other$44,425$51,096$3,888$99,409
Fees for Service Investment Mgmnt Fees$10,607$12,200$928$23,735
Information Technology$2,360$2,714$206$5,280
Travel$514$592$45$1,151
Conferences and Meetings$447$514$39$1,000
Office Expenses$157$179$14$350
Other Expenses$112$128$10$250
Total Functional Expenses$1,457,960$181,473$13,805$1,653,238
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Charlotte Mecklenburg SchoolsCharlotte, NC170(c)(1)Education$1,300,178
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$75,000
Fundraising Direct Expenses$43,002
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Teacher Talks$77,520$75,000$9,489$65,511
Total Events$77,520$75,000$43,002$31,998
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
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
No
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, Part VI, Section A, Line 7A

“The right to appoint a majority of the directors vests exclusively in charlotte mecklenburg schools and the right to appoint the remaining directors vests exclusively in foundation for the carolinas.”

Form 990, Part VI, Section B, Line 11B

“A copy of the final form 990 was distributed to each voting member of the board prior to filing. The return is available for discussion at the next board meeting after the filing date.”

Form 990, Part VI, Section B, Line 12C

“Board members annually complete a conflict of interest form, in compliance with the cms foundation's ethics policy. The cms foundation staff collects and maintains the forms annually and monitors the process.”

Form 990, Part VI, Section C, Line 19

“The cms foundation's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Cms Foundation
EIN
20-0258541
Phone
7049734500
Address
4421 STUART ANDREW BOULEVARD, CHARLOTTE, NC 28217

Signing Officer

Name
Sonja Gantt Gibson
Title
Executive Director
Phone
7049734500
Signed
2024-04-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sonja Gantt Gibson
Formed
2003
Legal Domicile
Nc
Voting Board Members
17
Independent Board Members
15
Employees
0
Volunteers
14

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
1111 METROPOLITAN AVE STE 900, CHARLOTTE, NC 28204
Preparer
Amy Dosik
Phone
7043771678
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The foundation's endowment funds were created to establish a permanent legacy fund to support music education. The percentage reported for permanent endowments includes amounts that must be maintained in perpetuity as well as accumulated earnings on such amounts that have not yet been appropriated for expenditure.”

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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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1680677
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17192657
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18128672
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SUPERINTENDENT (TO 4/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt17SUPERINTENDENT (FROM 4/2022)
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt02520
IRS990/FundraisingDirectExpensesAmt043002
IRS990/FundraisingGrossIncomeAmt075000
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt01300178
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01300178
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01300178
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01335508
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0206
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02714
IRS990/InformationTechnologyGrp/ProgramServicesAmt02360
IRS990/InformationTechnologyGrp/TotalAmt05280
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt02355906
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02143929
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE CMS FOUNDATION IS TO LEVERAGE SUPPLEMENTAL RESOURCES TO MAXIMIZE ACADEMIC ACHIEVEMENT BY EVERY STUDENT IN EVERY SCHOOL IN THE CHARLOTTE MECKLENBURG SCHOOL SYSTEM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02429009
IRS990/NetAssetsOrFundBalancesEOYAmt02319495
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt031998
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt031998
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt096749
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt062326
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0280379
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt014
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0179
IRS990/OfficeExpensesGrp/ProgramServicesAmt0157
IRS990/OfficeExpensesGrp/TotalAmt0350
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SHARED EMPLOYEE EXPENSE
IRS990/OtherExpensesGrp/Desc1PROJECT EXPENSE
IRS990/OtherExpensesGrp/Desc2BOARD EXPENSES
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/FundraisingAmt01445
IRS990/OtherExpensesGrp/FundraisingAmt1673
IRS990/OtherExpensesGrp/FundraisingAmt221
IRS990/OtherExpensesGrp/FundraisingAmt310
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018999
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18849
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2282
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3128
IRS990/OtherExpensesGrp/ProgramServicesAmt016519
IRS990/OtherExpensesGrp/ProgramServicesAmt17693
IRS990/OtherExpensesGrp/ProgramServicesAmt2245
IRS990/OtherExpensesGrp/ProgramServicesAmt3112
IRS990/OtherExpensesGrp/TotalAmt036963
IRS990/OtherExpensesGrp/TotalAmt117215
IRS990/OtherExpensesGrp/TotalAmt2548
IRS990/OtherExpensesGrp/TotalAmt3250
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt0111419
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0111419
IRS990/OtherRevenueTotalAmt0111419
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SONJA GANTT GIBSON
IRS990/PriorPeriodAdjustmentsAmt0154469
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01372715
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01063118
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0347635
IRS990/PYOtherRevenueAmt069924
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-130976
IRS990/PYSalariesCompEmpBnftPaidAmt0162862
IRS990/PYTotalExpensesAmt01573615
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01442639
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-360732
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0566047886
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1566001074
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd16
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt11300178
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FOUNDATION FOR THE CAROLINAS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1CHARLOTTE MECKLENBURG SCHOOLS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01300178
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/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt01586
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0204852
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt06791
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0199405

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,324,495
Liabilities
$5,000
Net assets
$2,319,495
Revenue
$1,292,506
Expenses
$1,653,238
Net income
-$360,732
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.01$3.34$2.59$1.71$0.88
2023Detailed filing. Detailed filing data is available for this year.$2.32$0.01$2.32$1.29$1.65$0.36
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.43$0.00$2.43$1.44$1.57$0.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.00$2.65$3.84$3.26$0.58
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.00$2.04$2.69$1.43$1.26
2019Summary only. Only limited summary data is available for this year.$0.99$0.00$0.99$1.45$0.81$0.63
2018Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.48$0.63$0.15
2017Summary only. Only limited summary data is available for this year.$0.36$0.00$0.36$0.56$0.81$0.25
2016Summary only. Only limited summary data is available for this year.$0.50$0.00$0.50$0.25$0.22$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.05$0.21$0.16
2014Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.51$0.18$0.33
2013Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$0.24$0.16$0.08
2012Summary only. Only limited summary data is available for this year.$0.22$0.00$0.22$0.26$0.26$0.00