Civic Intelligence

First Colony Foundation

990EZ • Fiscal year 2021 • EIN 20-1017193

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 24, 2022

Refreshing map…

1501 Cole Mill RoadDurham, NC 27705

(919) 767-1050

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Net Margin

70th percentile

51%

Higher net margin than 70% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • NTEE A80 • <$500k nonprofits • Source year 2021

Asset Growth

67th percentile

21%

Faster asset growth than 67% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

66th percentile

69%

Faster revenue growth than 66% of similar nonprofits.

2021 filings • NTEE A80 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$161,921

Up $28,177 (+21%) from 2020

Net Assets

Up

$161,921

Up $28,177 (+21%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$55,085

Up $22,574 (+69%) from 2020

Expenses

Down

$26,908

Down $5,055 (-16%) from 2020

Net Income

Up

$28,177

Up $27,629 (+5042%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $36,773Net Assets 2010: $36,7732010Assets 2011: $49,850Net Assets 2011: $49,8502011Assets 2012: $62,115Net Assets 2012: $62,1152012Assets 2013: $83,971Net Assets 2013: $83,9712013Assets 2014: $74,151Net Assets 2014: $74,1512014Assets 2015: $78,673Net Assets 2015: $78,6732015Assets 2016: $70,324Net Assets 2016: $70,3242016Assets 2017: $109,744Net Assets 2017: $109,7442017Assets 2018: $113,122Liabilities 2018: $02018Assets 2019: $133,196Liabilities 2019: $0Net Assets 2019: $133,1962019Assets 2020: $133,744Liabilities 2020: $0Net Assets 2020: $133,7442020Assets 2021: $161,921Liabilities 2021: $0Net Assets 2021: $161,9212021Assets 2022: $164,331Liabilities 2022: $0Net Assets 2022: $164,3312022Assets 2023: $181,510Liabilities 2023: $02023

Highlighted filing

2021

Assets$161,921
Liabilities$0
Net Assets$161,921

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $25,662Expenses 2010: $18,411Net Income 2010: $7,2512010Revenue 2011: $19,105Expenses 2011: $6,028Net Income 2011: $13,0772011Revenue 2012: $28,542Expenses 2012: $16,277Net Income 2012: $12,2652012Revenue 2013: $35,780Expenses 2013: $13,924Net Income 2013: $21,8562013Revenue 2014: $21,834Expenses 2014: $31,654Net Income 2014: -$9,8202014Revenue 2015: $31,810Expenses 2015: $27,288Net Income 2015: $4,5222015Revenue 2016: $28,868Expenses 2016: $37,217Net Income 2016: -$8,3492016Revenue 2017: $89,508Expenses 2017: $50,088Net Income 2017: $39,4202017Revenue 2018: $23,909Expenses 2018: $20,531Net Income 2018: $3,3782018Revenue 2019: $60,068Expenses 2019: $39,994Net Income 2019: $20,0742019Revenue 2020: $32,511Expenses 2020: $31,963Net Income 2020: $5482020Revenue 2021: $55,085Expenses 2021: $26,908Net Income 2021: $28,1772021Revenue 2022: $36,733Expenses 2022: $34,323Net Income 2022: $2,4102022Revenue 2023: $33,694Expenses 2023: $16,515Net Income 2023: $17,1792023

Highlighted filing

2021

Revenue$55,085
Expenses$26,908
Net Income$28,177
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 24, 2022
Return Version
2021v4.1
Gross Receipts
$55,085
Mission and Program Overview

Mission

The mission of First Colony Foundation is to expand the database of historical knowledge relating to the first English settlements in the new world, with emphasis on the study of a series of settlement attempts on Roanoke Island, North Carolina, in the 1580's.

See Schedule O

Program Services

DescriptionGrantsExpenses
A team of archaeolgist and volunteers contuned a systematic study of the site. A threatened area adjacent to an unstable bluff was surveyed by a ground penetrating radar.-$18,227
Three small excavations were conducted on National Park Service property as additional study of a site determined to be the location of a science workshop dating to 1585-86.-$6,301
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Phillip W EvansPresidentPT$0--
Alastair S MacdonaldTreasurerPT$0--
Robert E DavisSecretaryPT$0--
Eric C KlingelhoferResearch Vice PresidentPT$0--
Nick LucckettiResearch Vice PresidentPT$0--
James HornDirector-$0--
Gordon P Watts JrDirector-$0--
lebame HoustonDirector-$0--
Betty McCainDirector-$0--
J Eric DeetzDirector-$0--
Robert G Anthony JrDirector-$0--
Carter L HudginsDirector-$0--
Filing and Contact Details

Filer

Filer Name
First Colony Foundation
EIN
20-1017193
Address
1501 Cole Mill Road, Durham, NC 27705

Signing Officer

Name
Alastair Macdonald
Title
Treasurer
Phone
9197671050
Signed
2022-03-24
Discuss with paid preparer
Yes

Preparer

Firm
RCPA Inc
Address
1156-B Jamestown Road, Williamsburg, VA 23185
Preparer
Richard Paulk
Phone
7578973716
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountDepreciation from 4562 364Advertising & Fund Raising 434Bank Fees 217Professional Fees 250Office 230Website 750Taxes and Licenses 30Bertie 31BR49 TGOW 18,227Fort Raleigh General 6,301INH Book 105

Description of other assets Part II line 24

Category Beginning of Year End of YearMachinery & Equipment 598 234Research Collection 50,000 50,000Elizabethan Panelling 2,102 2,102

Part III response or note to any other line in Part III

Primary Exempt Purpose:The mission of First Colony Foundation is to expand the database of historical knowledge relating to the first English settlement in the new world, with emphasis on the study of a series of settlement attempts on Roanoke Island, NC, in the 1580s--------------------------------------------------------------------------------- Excavations at 31BR49, Bertie County Beach Access Road, $29,915.62:All resources were focused on this one project during 2021. A team of archaeologists and trained volunteers began a systematic study of the site, which had been located by survey in 2019. Upon completion of additional lab work and consultations, all evidence supports the conclusion that a small group of the 1587 Lost Colonists settled at this location for an indefinite but relatively short period of time.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 364Advertising & Fund Raising 434Bank Fees 217Professional Fees 250Office 230Website 750Taxes and Licenses 30Bertie 31BR49 TGOW 18,227Fort Raleigh General 6,301INH Book 105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearMachinery & Equipment 598 234Research Collection 50,000 50,000Elizabethan Panelling 2,102 2,102
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Primary Exempt Purpose:The mission of First Colony Foundation is to expand the database of historical knowledge relating to the first English settlement in the new world, with emphasis on the study of a series of settlement attempts on Roanoke Island, NC, in the 1580s--------------------------------------------------------------------------------- Excavations at 31BR49, Bertie County Beach Access Road, $29,915.62:All resources were focused on this one project during 2021. A team of archaeologists and trained volunteers began a systematic study of the site, which had been located by survey in 2019. Upon completion of additional lab work and consultations, all evidence supports the conclusion that a small group of the 1587 Lost Colonists settled at this location for an indefinite but relatively short period of time.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part III response or note to any other line in Part III
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard Paulk
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ReturnHeader/ReturnTs02022-03-25T10:19:30-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Alastair
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Macdonald
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.82$0.00$0.34$0.17$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.37$0.34$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.55$0.27$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.00$1.34$0.33$0.32$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.00$1.33$0.60$0.40$0.20
2018Summary only. Only limited summary data is available for this year.$1.13$0.00$0.24$0.21$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$1.10$0.90$0.50$0.39
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.70$0.29$0.37$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.32$0.27$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.74$0.22$0.32$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.84$0.84$0.36$0.14$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.62$0.29$0.16$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.50$0.19$0.06$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.37$0.26$0.18$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • <$500k nonprofits