Civic Intelligence

North Carolina Educational

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.

P O Box 58785Raleigh, NC 27658

n/A

Siviq Scores

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

Liabilities / Assets

71st percentile

0.00x

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

NTEE B • <$500k nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.00x

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

NTEE B • <$500k nonprofits • Source year 2025

Net Margin

73rd percentile

29%

Higher net margin than 73% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2025

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

NTEE B • <$500k nonprofits • Source year 2025

Asset Growth

74th percentile

27%

Faster asset growth than 74% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

71st percentile

27%

Faster revenue growth than 71% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2024 to 2025

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

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2015: $79,505Net Assets 2015: $79,5052015Assets 2016: $76,433Net Assets 2016: $76,4332016Assets 2017: $92,649Net Assets 2017: $92,6492017Assets 2018: $117,405Net Assets 2018: $117,4052018Assets 2019: $102,239Net Assets 2019: $102,2392019Assets 2020: $171,607Net Assets 2020: $171,6072020Assets 2021: $159,713Net Assets 2021: $159,7132021Assets 2022: $162,884Net Assets 2022: $162,8842022Assets 2023: $190,930Liabilities 2023: $02023

Highlighted filing

2023

Assets$190,930
Liabilities$0
Net Assets-

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $83,241Expenses 2015: $37,056Net Income 2015: $46,1852015Revenue 2016: $65,714Expenses 2016: $68,787Net Income 2016: -$3,0732016Revenue 2017: $81,931Expenses 2017: $65,716Net Income 2017: $16,2152017Revenue 2018: $117,875Expenses 2018: $93,119Net Income 2018: $24,7562018Revenue 2019: $122,951Expenses 2019: $138,119Net Income 2019: -$15,1682019Revenue 2020: $107,200Expenses 2020: $37,832Net Income 2020: $69,3682020Revenue 2021: $69,070Expenses 2021: $80,963Net Income 2021: -$11,8932021Revenue 2022: $106,148Expenses 2022: $102,978Net Income 2022: $3,1702022Revenue 2023: $136,817Expenses 2023: $108,771Net Income 2023: $28,0462023

Highlighted filing

2023

Revenue$136,817
Expenses$108,771
Net Income$28,046

Filings

Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 25, 2022
Return Version
2021v4.0
Gross Receipts
$76,170
Mission and Program Overview

Mission

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.

Program Services

DescriptionGrantsExpenses
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
L MCNEIL CHESTNUTPresident &-$0--
DAVID CLEGGVice Chair/S-$0--
BETH KNOXDirector/Ass-$0--
C WAYNE HICKSVice Pres, T-$0--
DANA STEPHENSON DIXONAssistant Se-$0--
JULIES CAULDE FIELDS ESQOfficer-$0--
KATE PEACOCK SMITHOfficer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$20,325$20,325$3,195$17,130
Total Events$20,325$20,325$3,195$17,130
Filing and Contact Details

Filer

Filer Name
North Carolina Educational
EIN
20-2227646
Address
P O BOX 58785, RALEIGH, NC 27658

Signing Officer

Name
L Mcneil Chestnut
Title
President & Chairman
Signed
2022-02-25
Discuss with paid preparer
Yes

Preparer

Firm
Norton Collar Lund Lilley Pllc
Address
7701 SIX FORKS RD STE 100, RALEIGH, NC 27615
Preparer
Melanie Lilley
Phone
9198411000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

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

Form 990-ez, Part I, Line 16

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

Form 990-ez, Part III

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.

Raw XML Appendix172 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR/ASS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6OFFICER
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0TO 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/PrintingPublicationsPostageAmt0248
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH 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/ExplanationTxt1EXPENSES 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/ExplanationTxt2TO 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/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0L MCNEIL CHESTNUT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH CAROLINA EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOLARSHIP FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0202227646
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 58785
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027658
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562034483
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NORTON COLLAR LUND LILLEY PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07701 SIX FORKS RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027615
ReturnHeader/PreparerPersonGrp/PhoneNum09198411000
ReturnHeader/PreparerPersonGrp/PreparationDt02022-02-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELANIE LILLEY
ReturnHeader/ReturnTs02022-03-14T07:18:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0L MCNEIL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHESTNUT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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