Civic Intelligence

North Carolina Educational Scholarship Fund Inc.

990EZ • Fiscal year 2018 • EIN 20-2227646

Jan 01, 2018 to Dec 31, 2018 • Filed on May 29, 2019

Organization ProfileN/A
P O Box 40598Raleigh, NC 27629

(919) 846-6973

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

73rd percentile

21%

Higher net margin than 73% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Asset Growth

75th percentile

27%

Faster asset growth than 75% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

44%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$117,405

Up $24,756 (+27%) from 2017

Net Assets

Up

$117,405

Up $24,756 (+27%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin73rd percentile

Revenue

Up

$117,875

Up $35,944 (+44%) from 2017

Expenses

Up

$93,119

Up $27,403 (+42%) from 2017

Net Income

Up

$24,756

Up $8,541 (+53%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$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

2018

Assets$117,405
Liabilities-
Net Assets$117,405
Open 2018 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$117,875
Expenses$93,119
Net Income$24,756
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 29, 2019
Return Version
2018v3.1
Gross Receipts
$120,430
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.$79,237$90,717
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
L MCNEIL CHESTNUTPresident-$0--
DAVID CLEGGDirector-$0--
BETH KNOXDirector-$0--
WAYNE HICKSDirector-$0--
DANA STEPHENSON DIXONDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$23,156$23,156$2,517$20,639
Allen Brothers$6,766$6,766$38$6,728
Total Events$29,922$29,922$2,555$27,367
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
2019-05-29
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 10

“Cash contribution: 79,237”

Form 990-ez, Part I, Line 16

“Expenses bank service charges 3 office supplies 483 license fees 52 miscellaneous expenses 776 ticket expense 6,705 total 8,019”

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 Appendix165 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0L MCNEIL CHESTNUT
IRS990EZ/BooksInCareOfDetail/PhoneNum09198466973
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 40598
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027629
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt092649
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0117405
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt087992
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt024756
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt092649
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0117405
IRS990EZ/FundraisingGrossIncomeAmt029922
IRS990EZ/GrantsAndSimilarAmountsPaidAmt079237
IRS990EZ/GrossReceiptsAmt0120430
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt016
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt092649
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0117405
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt092649
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0117405
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0L MCNEIL CHESTNUT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID CLEGG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BETH KNOX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WAYNE HICKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DANA STEPHENSON DIXON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt08019
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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/PrintingPublicationsPostageAmt0363
IRS990EZ/ProgramServiceRevenueAmt02500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO 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/GrantsAndAllocationsAmt079237
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090717
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt02555
IRS990EZ/SpecialEventsNetIncomeLossAmt027367
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt093119
IRS990EZ/TotalProgramServiceExpensesAmt090717
IRS990EZ/TotalRevenueAmt0117875
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER 22,061
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt087992
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt070620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt067669
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0282132
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt051251
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02500
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt015561
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022061
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80890
IRS990ScheduleA/PublicSupportPY170Pct00.79890
IRS990ScheduleA/PublicSupportTotal170Amt0246148
IRS990ScheduleA/SubstantialContributorsTotAmt035984
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt087992
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt055851
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt067669
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0282132
IRS990ScheduleA/TotalSupportAmt0304287
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02555
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ALLEN BROTHERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023156
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt06766
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029922
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023156
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06766
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029922
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027367
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02555
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02517
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 79,237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK SERVICE CHARGES 3 OFFICE SUPPLIES 483 LICENSE FEES 52 MISCELLANEOUS EXPENSES 776 TICKET EXPENSE 6,705 TOTAL 8,019
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0L MCNEIL CHESTNUT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH CAROLINA EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOLARSHIP FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0202227646
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 40598
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027629
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07E6047328611D69CC12385D9C24E8BC64CC5D677
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08F6F50FBC9B33C6DF79BC09E41D95DF0DDA10CBC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.200.187.64
ReturnHeader/FilingSecurityInformation/IPDt02019-07-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm006:35:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562034483
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PLC ROUSE NORTON 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/PreparationDt02019-05-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELANIE LILLEY
ReturnHeader/ReturnTs02019-07-12T06:35:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$117,405
Liabilities
-
Net assets
$117,405
Revenue
$117,875
Expenses
$93,119
Net income
$24,756
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.91$0.00$1.37$1.09$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$1.63$1.06$1.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.60$1.60$0.69$0.81$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$1.72$1.07$0.38$0.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$1.02$1.23$1.38$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.17$1.17$1.18$0.93$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.93$0.82$0.66$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.76$0.66$0.69$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.80$0.80$0.83$0.37$0.46