Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
North Carolina Educational Scholarship Fund Inc.
990EZ • Fiscal year 2017 • EIN 20-2227646
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
72nd percentile
Higher net margin than 72% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
72nd percentile
Faster asset growth than 72% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Balance Sheet
Assets
Up$92,649
Up $16,216 (+21%) from 2016
Net Assets
Up$92,649
Up $16,216 (+21%) from 2016
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$81,931
Up $16,217 (+25%) from 2016
Expenses
Down$65,716
Down $3,071 (-4.5%) from 2016
Net Income
Up$16,215
Up $19,288 (+628%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Feb 12, 2018
- Return Version
- 2017v2.2
- Gross Receipts
- $89,433
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
| 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. | $45,205 | $57,944 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| L MCNEIL CHESTNUT | President | - | $0 | - | - |
| DAVID CLEGG | Director | - | $0 | - | - |
| BETH KNOX | Director | - | $0 | - | - |
| WAYNE HICKS | Director | - | $0 | - | - |
| DANA STEPHENSON DIXON | Director | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Golf Tournament | $7,870 | $7,870 | $1,006 | $6,864 |
| Luncheon | $6,785 | $6,785 | $4,888 | $1,897 |
| Total Events | $14,655 | $14,655 | $5,894 | $8,761 |
Filing and Contact Details
Filer
- Filer Name
- North Carolina Educational
- EIN
- 20-2227646
- Address
- P O BOX 40598, RALEIGH, NC 27629
Signing Officer
- Name
- L Mcneil Chestnut
- Title
- President
- Signed
- 2018-02-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Plc Rouse Norton 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 8
“Refund of penalty paid in py 50 total 50”
Form 990-ez, Part I, Line 10
“Cash contribution: 45,205”
Form 990-ez, Part I, Line 16
“Expenses tv commercial 5,000 bank service charges 3 office supplies 502 miss nc programs 5,895 donor appreciation event 2,269 license fees 150 miscellaneous expenses 985 ticket expense 500 total 15,304”
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 Appendix164 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.
| 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 | 76434 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 92649 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 70620 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 16215 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4945 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 76434 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 92649 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 16750 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 45205 |
| IRS990EZ/GrossReceiptsAmt | 0 | 89433 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 13 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 76434 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 92649 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 76434 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 92649 |
| 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/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/PersonNm | 0 | L MCNEIL CHESTNUT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVID CLEGG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BETH KNOX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | WAYNE HICKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | DANA STEPHENSON DIXON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 15304 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 50 |
| 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 | 262 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 2000 |
| 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 | 45205 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 57944 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 7502 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 9248 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 65716 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 57944 |
| IRS990EZ/TotalRevenueAmt | 0 | 81931 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | OTHER 19,561 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART II, LINE 10 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 70620 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55851 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67669 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 194140 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 13 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 54 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 11 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 78 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 18813 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 2000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15561 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 19561 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.79890 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.75550 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 170796 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 23344 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 70620 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 55851 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67669 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 194140 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 213779 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 5894 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | GOLF TOURNAMENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm | 0 | LUNCHEON |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 7870 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt | 0 | 6785 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 14655 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 7870 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt | 0 | 6785 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 14655 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 8761 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 5894 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 1006 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt | 0 | 4888 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | REFUND OF PENALTY PAID IN PY 50 TOTAL 50 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | CASH CONTRIBUTION: 45,205 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EXPENSES TV COMMERCIAL 5,000 BANK SERVICE CHARGES 3 OFFICE SUPPLIES 502 MISS NC PROGRAMS 5,895 DONOR APPRECIATION EVENT 2,269 LICENSE FEES 150 MISCELLANEOUS EXPENSES 985 TICKET EXPENSE 500 TOTAL 15,304 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | L MCNEIL CHESTNUT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-02-12 |
| 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 40598 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | RALEIGH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27629 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 46CF33ABC4418E2195A6A387671108A0D79BCFBF |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 22D045BF87A0E23D92581575C21045FE8A4E11F8 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.88.174.3 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-03-11 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:31:43 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 562034483 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PLC ROUSE NORTON 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 | 2018-02-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MELANIE LILLEY |
| ReturnHeader/ReturnTs | 0 | 2018-03-11T10:31:43-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $92,649
- Liabilities
- -
- Net assets
- $92,649
- Revenue
- $81,931
- Expenses
- $65,716
- Net income
- $16,215