Liabilities / Assets
71st percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 20-2227646 • 501(c)3 • Raleigh, NC
Profile
To solicit, establish, maintain, and award scholarships to north carolina students in order that they may pursue post-secondary education including, but not limited to, trade and technical studies, undergraduate studies, graduate studies, and/or education at the professional school level.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
71st percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
72nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
74th percentile
Faster asset growth than 74% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Up$190,930
Up $28,046 (+17%) from 2022
Liabilities
$0
No earlier filing loaded for comparison.
Net Assets
-
No earlier filing loaded for comparison.
Revenue
Up$136,817
Up $30,669 (+29%) from 2022
Expenses
Up$108,771
Up $5,793 (+5.6%) from 2022
Net Income
Up$28,046
Up $24,876 (+785%) from 2022
Most recent year
2023 • Form 990EZSummary only. Only limited summary data is available for this year.
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.
To fund academic scholarships for the young people in the state of north carolina to pursue post-secondary education trade and technical studies, undergraduate studies and graduate studies.
To solicit, establish, maintain, and award scholarships to north carolina students in order that they may pursue post-secondary education including, but not limited to, trade and technical studies, undergraduate studies, graduate studies, and/or education at the professional school level.
| Description | Grants | Expenses |
|---|---|---|
| TO FUND ACADEMIC SCHOLARSHIPS FOR THE YOUNG PEOPLE IN THE STATE OF NORTH CAROLINA TO PURSUE POST-SECONDARY EDUCATION TRADE AND TECHNICAL STUDIES, UNDERGRADUATE STUDIES AND GRADUATE STUDIES. | $71,337 | $78,754 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| L MCNEIL CHESTNUT | President & | - | $0 | - | - |
| DAVID CLEGG | Vice Chair/S | - | $0 | - | - |
| BETH KNOX | Director/Ass | - | $0 | - | - |
| C WAYNE HICKS | Vice Pres, T | - | $0 | - | - |
| DANA STEPHENSON DIXON | Assistant Se | - | $0 | - | - |
| JULIES CAULDE FIELDS ESQ | Officer | - | $0 | - | - |
| KATE PEACOCK SMITH | Officer | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tournament | $20,325 | $20,325 | $3,195 | $17,130 |
| Total Events | $20,325 | $20,325 | $3,195 | $17,130 |
“Cash contribution: 44,837 class of activity: scholarship cash contribution: 6,200 relationship: none class of activity: scholarship cash contribution: 7,800 relationship: none class of activity: scholarship cash contribution: 12,500 relationship: none”
“Expenses miss nc tickets 4,200 vip reception 2,742 office supplies 239 liability insurance 475 license fees 103 miscellaneous expenses 834 total 8,593”
“To solicit, establish, maintain, and award scholarships to north carolina students in order that they may pursue post-secondary education including, but not limited to, trade and technical studies, undergraduate studies, graduate studies, and/or education at the professional school level.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | L MCNEIL CHESTNUT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9198466973 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 40598 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | RALEIGH |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27629 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 171606 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 159713 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 52547 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -11893 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 785 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 171606 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 159713 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 23621 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 71337 |
| IRS990EZ/GrossReceiptsAmt | 0 | 76170 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 171606 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 159713 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 171606 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 159713 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | L MCNEIL CHESTNUT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVID CLEGG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BETH KNOX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | C WAYNE HICKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DANA STEPHENSON DIXON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JULIES CAULDE FIELDS ESQ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | KATE PEACOCK SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT & |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE CHAIR/S |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR/ASS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRES, T |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | ASSISTANT SE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | OFFICER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 8593 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO SOLICIT, ESTABLISH, MAINTAIN, AND AWARD SCHOLARSHIPS TO NORTH CAROLINA STUDENTS IN ORDER THAT THEY MAY PURSUE POST-SECONDARY EDUCATION INCLUDING, BUT NOT LIMITED TO, TRADE AND TECHNICAL STUDIES, UNDERGRADUATE STUDIES, GRADUATE STUDIES, AND/OR EDUCATION AT THE PROFESSIONAL SCHOOL LEVEL. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 248 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO FUND ACADEMIC SCHOLARSHIPS FOR THE YOUNG PEOPLE IN THE STATE OF NORTH CAROLINA TO PURSUE POST-SECONDARY EDUCATION TRADE AND TECHNICAL STUDIES, UNDERGRADUATE STUDIES AND GRADUATE STUDIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 71337 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 78754 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 7100 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 16521 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 80963 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 78754 |
| IRS990EZ/TotalRevenueAmt | 0 | 69070 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER 4,500 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 52547 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 101266 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 98387 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 87992 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 70620 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 410812 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 16 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 13 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 57 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 124294 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2500 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2000 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 4500 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.81820 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.79890 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 339868 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 70944 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 52547 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 101266 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 98387 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 87992 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 70620 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 410812 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 415369 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 3195 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF TOURNAMENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 20325 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 20325 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 20325 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 20325 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 17130 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 3195 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 3195 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CASH CONTRIBUTION: 44,837 CLASS OF ACTIVITY: SCHOLARSHIP CASH CONTRIBUTION: 6,200 RELATIONSHIP: NONE CLASS OF ACTIVITY: SCHOLARSHIP CASH CONTRIBUTION: 7,800 RELATIONSHIP: NONE CLASS OF ACTIVITY: SCHOLARSHIP CASH CONTRIBUTION: 12,500 RELATIONSHIP: NONE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES MISS NC TICKETS 4,200 VIP RECEPTION 2,742 OFFICE SUPPLIES 239 LIABILITY INSURANCE 475 LICENSE FEES 103 MISCELLANEOUS EXPENSES 834 TOTAL 8,593 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO SOLICIT, ESTABLISH, MAINTAIN, AND AWARD SCHOLARSHIPS TO NORTH CAROLINA STUDENTS IN ORDER THAT THEY MAY PURSUE POST-SECONDARY EDUCATION INCLUDING, BUT NOT LIMITED TO, TRADE AND TECHNICAL STUDIES, UNDERGRADUATE STUDIES, GRADUATE STUDIES, AND/OR EDUCATION AT THE PROFESSIONAL SCHOOL LEVEL. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | L MCNEIL CHESTNUT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT & CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-02-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NORTH CAROLINA EDUCATIONAL |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | SCHOLARSHIP FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NORT |
| ReturnHeader/Filer/EIN | 0 | 202227646 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 58785 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27658 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 562034483 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NORTON COLLAR LUND LILLEY PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 7701 SIX FORKS RD STE 100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27615 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9198411000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-02-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MELANIE LILLEY |
| ReturnHeader/ReturnTs | 0 | 2022-03-14T07:18:33-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | L MCNEIL |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | CHESTNUT |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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