Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
990 • Fiscal year 2012 • EIN 20-0371529
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
96th percentile
Higher debt load relative to assets than 96% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
30th percentile
Faster asset growth than 30% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Down$13,920,414
Down $285,334 (-2.0%) from 2011
Net Assets
Up-$905,573
Up $377,717 (+29%) from 2011
Liabilities
Down$14,825,987
Down $663,051 (-4.3%) from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Down$1,112,439
Down $17,290 (-1.5%) from 2011
Net Income
-
No earlier filing loaded for comparison.
The purpose of this nonprofit foundation is to seek alternative sources of support to strengthen the university of mount olive's outreach to students and the community.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReview | 0 | 0 |
| IRS990/AccountsPayableAccruedExpenses/BOY | 0 | 37131 |
| IRS990/AccountsPayableAccruedExpenses/EOY | 0 | 112635 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | The purpose of this nonprofit foundation is to seek alternate sources of support to strengthen Mount Olive College's outreach to students and the community. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 634 Henderson Street |
| IRS990/AddressPrincipalOfficerUS/City | 0 | Mount Olive |
| IRS990/AddressPrincipalOfficerUS/State | 0 | NC |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 28365 |
| IRS990/AllOtherContributions | 0 | 100 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | 1 |
| IRS990/AuditCommittee | 0 | 1 |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsPaidToMembersPriorYear | 0 | 0 |
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| IRS990/ChangesToOrganizingDocs | 0 | 0 |
| IRS990/CntrbtnsRprtdFundraisingEvents | 0 | 0 |
| IRS990/CollectionsOfArt | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | 0 |
| IRS990/CompensationProcessCEO | 0 | 1 |
| IRS990/CompensationProcessOther | 0 | 1 |
| IRS990/ComplianceWithBackupWitholding | 0 | 1 |
| IRS990/ConflictOfInterestPolicy | 0 | 1 |
| IRS990/ConservationEasements | 0 | 0 |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | 1 |
| IRS990/ContributionsGrantsCurrentYear | 0 | 100 |
| IRS990/ContributionsGrantsPriorYear | 0 | 0 |
| IRS990/CreditCounseling | 0 | 0 |
| IRS990/DecisionsSubjectToApproval | 0 | 0 |
| IRS990/DeductibleContributionsOfArt | 0 | 0 |
| IRS990/DeductibleNonCashContributions | 0 | 0 |
| IRS990/DelegationOfManagementDuties | 0 | 0 |
| IRS990/DepreciationDepletion/ProgramServices | 0 | 457540 |
| IRS990/DepreciationDepletion/Total | 0 | 457540 |
| IRS990/DescribedIn501C3 | 0 | 1 |
| IRS990/Description | 0 | To fulfill the obligations of the foundation-primarily interest from debt payments. |
| IRS990/DisregardedEntity | 0 | 0 |
| IRS990/DocumentRetentionPolicy | 0 | 1 |
| IRS990/DonorAdvisedFunds | 0 | 0 |
| IRS990/ElectionOfBoardMembers | 0 | 0 |
| IRS990/ExcessBenefitTransaction | 0 | 0 |
| IRS990/Expense | 0 | 1112439 |
| IRS990/FamilyOrBusinessRelationship | 0 | 0 |
| IRS990/FederalGrantAuditRequired | 0 | 0 |
| IRS990/FederatedCampaigns | 0 | 0 |
| IRS990/FinancialStatementBoth | 0 | X |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 0 |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 15 | 0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 16 | 0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 17 | 0 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 18 | 0 |
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| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 2 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 3 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 4 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 5 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 6 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 7 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 8 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 9 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 10 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 11 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 12 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 13 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 14 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 15 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 16 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 17 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 18 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 19 | X |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 0 | Lisa Atkinson |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 1 | Dr Philip P Kerstetter |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 2 | J Robert Greczyn |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 3 | C Darrell Horne |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 4 | W Robert Bizzell |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 5 | Jeff Etheridge |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine1 | 6 | William H Bryan |
| IRS990/Form990PartVIISectionA/NameBusiness/BusinessNameLine2 | 0 | Mount Olive College |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | Wendy Crumpler |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | Luanne Johnson |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | E J Pope Jr |
| IRS990/Form990PartVIISectionA/NamePerson | 3 | Townsend Quinn |
| IRS990/Form990PartVIISectionA/NamePerson | 4 | Ray McDonald Jr |
| IRS990/Form990PartVIISectionA/NamePerson | 5 | George R Kornegay Jr |
| IRS990/Form990PartVIISectionA/NamePerson | 6 | Ralph Britt Jr |
| IRS990/Form990PartVIISectionA/NamePerson | 7 | Olivia B Holding |
| IRS990/Form990PartVIISectionA/NamePerson | 8 | Kenny Woodard |
| IRS990/Form990PartVIISectionA/NamePerson | 9 | William J Byrd |
| IRS990/Form990PartVIISectionA/NamePerson | 10 | Sandy Thompson |
| IRS990/Form990PartVIISectionA/NamePerson | 11 | John Blackwell |
| IRS990/Form990PartVIISectionA/NamePerson | 12 | Doug Wilkins |
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| IRS990/Form990PartVIISectionA/Title | 2 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 3 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 4 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 5 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 6 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 7 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 8 | Vice Chairman |
| IRS990/Form990PartVIISectionA/Title | 9 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 10 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 11 | Treasurer |
| IRS990/Form990PartVIISectionA/Title | 12 | Chairman |
| IRS990/Form990PartVIISectionA/Title | 13 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 14 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 15 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 16 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 17 | Board Member |
| IRS990/Form990PartVIISectionA/Title | 18 | Foundation President |
| IRS990/Form990PartVIISectionA/Title | 19 | Board Member |
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| IRS990/MissionDescription | 0 | The purpose of this nonprofit foundation is to seek alternate sources of support to strengthen Mount Olive College's outreach to students and the community. |
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| IRS990ScheduleA/GeneralExplanation | 0 | PART I , LINE 11-THE FOUNDATION WAS ESTABLISHED TO OBTAIN AND SERVICE THE DEBT RELATED TO THREE BUILDINGS CONSTRUCTED AND THEN RENTED TO THE COLLEGE. |
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| IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine1 | 0 | MOUNT OLIVE COLLEGE |
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| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | The Board of Directors evaluated the Foundation's tax positions and concluded that the Foundation had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of the Income Taxes Topic of the Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("FASB ASC"). With few exceptions, the Foundation is no longer subject to income tax examinations by the U.S federal, state, or local tax authorities for returns filed for fiscal years 2008 and prior. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | SchD_P10_S00_L02 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | Schedule D, Part X, Line 2 |
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| IRS990ScheduleD/OtherExpensesNotIncluded | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildings/BookValue | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildings/Depreciation | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildings/InvestmentCostOrOtherBasis | 0 | 0 |
| IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis | 0 | 0 |
| IRS990ScheduleD/OtherLiabilities/Amount | 0 | 3052 |
| IRS990ScheduleD/OtherLiabilities/Description | 0 | Due To Affiliate |
| IRS990ScheduleD/OtherRevenues | 0 | 0 |
| IRS990ScheduleD/OtherRevenuesNotIncluded | 0 | 0 |
| IRS990ScheduleD/PriorPeriodAdjustments | 0 | 0 |
| IRS990ScheduleD/PriorYearAdjustments | 0 | 0 |
| IRS990ScheduleD/RecoveriesOfPriorYearGrants | 0 | 0 |
| IRS990ScheduleD/RevenueNotRptdF990 | 0 | 0 |
| IRS990ScheduleD/RevenueNotRptdOnFinStmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotal | 0 | 1490156 |
| IRS990ScheduleD/TotalAdjustments | 0 | 0 |
| IRS990ScheduleD/TotalExpenses | 0 | 1112439 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 1112439 |
| IRS990ScheduleD/TotalOfAmounts | 0 | 3052 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 12863022 |
| IRS990ScheduleD/TotalRevenue | 0 | 1490156 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 1490156 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 1112439 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 1490156 |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BaseCompensationFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs | 0 | 211889 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg | 0 | 0 |
| IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs | 0 | 15000 |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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