Civic Intelligence

Kfbsf Inc.

990EZ • Fiscal year 2015 • EIN 20-8071163

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 25, 2016

Campus Box 3490 Mccoll BuildingChapel Hill, NC 27599-3440

(919) 962-7158

Siviq Scores

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

Liabilities / Assets

79th percentile

0.00x

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

2015 filings • NTEE B11 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.00x

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

2015 filings • NTEE B11 • <$500k nonprofits • Source year 2015

Net Margin

93rd percentile

76%

Higher net margin than 93% of similar nonprofits.

2015 filings • NTEE B11 • <$500k nonprofits • Source year 2015

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2015 filings • NTEE B11 • <$500k nonprofits • Source year 2015

Asset Growth

80th percentile

39%

Faster asset growth than 80% of similar nonprofits.

2015 filings • NTEE B11 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

79th percentile

32%

Faster revenue growth than 79% of similar nonprofits.

2015 filings • NTEE B11 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$465,290

Up $129,344 (+39%) from 2014

Net Assets

Up

$465,290

Up $129,344 (+39%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$170,982

Up $41,688 (+32%) from 2014

Expenses

Down

$41,638

Down $30,895 (-43%) from 2014

Net Income

Up

$129,344

Up $72,583 (+128%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $152,810Liabilities 2011: $02011Assets 2012: $191,307Liabilities 2012: $0Net Assets 2012: $191,3072012Assets 2013: $279,185Liabilities 2013: $0Net Assets 2013: $279,1852013Assets 2014: $335,946Liabilities 2014: $0Net Assets 2014: $335,9462014Assets 2015: $465,290Liabilities 2015: $0Net Assets 2015: $465,2902015Assets 2016: $581,315Liabilities 2016: $0Net Assets 2016: $581,3152016Assets 2017: $694,969Liabilities 2017: $0Net Assets 2017: $694,9692017Assets 2018: $1,281,463Liabilities 2018: $0Net Assets 2018: $1,281,4632018Assets 2019: $994,319Liabilities 2019: $0Net Assets 2019: $994,3192019Assets 2020: $462,193Liabilities 2020: $0Net Assets 2020: $462,1932020Assets 2021: $521,688Liabilities 2021: $3,725Net Assets 2021: $517,9632021Assets 2022: $365,233Liabilities 2022: $3,725Net Assets 2022: $361,5082022Assets 2023: $348,446Liabilities 2023: $3,725Net Assets 2023: $344,7212023Assets 2024: $552,911Liabilities 2024: $3,725Net Assets 2024: $549,1862024Assets 2025: $498,503Liabilities 2025: $3,725Net Assets 2025: $494,7782025

Highlighted filing

2015

Assets$465,290
Liabilities$0
Net Assets$465,290

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $143,512Expenses 2011: $64,604Net Income 2011: $78,9082011Revenue 2012: $150,241Expenses 2012: $111,744Net Income 2012: $38,4972012Revenue 2013: $108,466Expenses 2013: $20,588Net Income 2013: $87,8782013Revenue 2014: $129,294Expenses 2014: $72,533Net Income 2014: $56,7612014Revenue 2015: $170,982Expenses 2015: $41,638Net Income 2015: $129,3442015Revenue 2016: $126,303Expenses 2016: $10,278Net Income 2016: $116,0252016Revenue 2017: $184,477Expenses 2017: $70,823Net Income 2017: $113,6542017Revenue 2018: $595,840Expenses 2018: $9,346Net Income 2018: $586,4942018Revenue 2019: $689,624Expenses 2019: $976,768Net Income 2019: -$287,1442019Revenue 2020: $161,429Expenses 2020: $693,555Net Income 2020: -$532,1262020Revenue 2021: $136,757Expenses 2021: $80,987Net Income 2021: $55,7702021Revenue 2022: $517,523Expenses 2022: $673,978Net Income 2022: -$156,4552022Revenue 2023: $102,480Expenses 2023: $119,267Net Income 2023: -$16,7872023Revenue 2024: $237,983Expenses 2024: $33,518Net Income 2024: $204,4652024Revenue 2025: $68,577Expenses 2025: $122,985Net Income 2025: -$54,4082025

Highlighted filing

2015

Revenue$170,982
Expenses$41,638
Net Income$129,344
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 25, 2016
Return Version
2014v6.0
Gross Receipts
$170,982
Mission and Program Overview

Mission

Provided funds to support educational investment programs for mba students at the university of north carolina at chapel hill.

Kfbsf, inc. Is organized and operated to support the kenan-flagler business school at the university of north carolina at chapel hill. Kfbsf, inc. Was formed to serve as the general partner of limited partnerships established as educational programs for mba students attending the business school. The partnerships will enhance the educational opportunities available to the students by providing hands-on experience in operating private funds.

Program Services

DescriptionGrantsExpenses
PROVIDED FUNDS TO SUPPORT EDUCATIONAL INVESTMENT PROGRAMS FOR MBA STUDENTS AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.$0$13,128
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOUGLAS A SHACKELFORDChair-$0--
LEONARD WOODDirector-$0--
JEFFREY ALAN ALLREDDirector-$0--
H CLAY HAMNERDirector-$0--
DAVID W STEVENSSec/Treasurer-$0--
DAVID HARTZELLDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kfbsf Inc
EIN
20-8071163
Phone
9199627158
Address
CAMPUS BOX 3490 MCCOLL BUILDING, CHAPEL HILL, NC 27599-3440

Signing Officer

Name
David W Stevens
Title
Treasurer
Phone
9199627158
Signed
2016-03-25
Discuss with paid preparer
Yes

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Rhonda F Skiles
Phone
3362944494
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 1,397.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: travel. Amount: 5,000. Description: meetings and conferences. Amount: 1,660. Description: loss on pass-through investment. Amount: 3,786. Description: miscellaneous. Amount: 392. Total to form 990-ez, line 16: 10,838.

Form 990-ez, Part II, Line 24 - Other Assets

Description: investment in private equity fund i lp. Beg. Of year amount: 6,657. End of year amount: 5,608. Description: investment in real estate fund lp. Beg. Of year amount: 5,352. End of year amount: 1,450. Description: investment in private equity fund ii lp. Beg. Of year amount: 22,681. End of year amount: 14,608. Description: investment in real estate fund ii lp. Beg. Of year amount: 21,782. End of year amount: 50,227. Description: investment in private equity fund iii lp. Beg. Of year amount: 0. End of year amount: 2,818. Description: investment in real estate fund iii lp. Beg. Of year amount: 0. End of year amount: 10,799. Description: due from real estate fund iii. Beg. Of year amount: 3,900. End of year amount: 24,375.

Raw XML Appendix170 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/PersonNm0DOUGLAS A SHACKELFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LEONARD WOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFFREY ALAN ALLRED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3H CLAY HAMNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID W STEVENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DAVID HARTZELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SEC/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt060372
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0109885
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt010838
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0KFBSF, INC. IS ORGANIZED AND OPERATED TO SUPPORT THE KENAN-FLAGLER BUSINESS SCHOOL AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. KFBSF, INC. WAS FORMED TO SERVE AS THE GENERAL PARTNER OF LIMITED PARTNERSHIPS ESTABLISHED AS EDUCATIONAL PROGRAMS FOR MBA STUDENTS ATTENDING THE BUSINESS SCHOOL. THE PARTNERSHIPS WILL ENHANCE THE EDUCATIONAL OPPORTUNITIES AVAILABLE TO THE STUDENTS BY PROVIDING HANDS-ON EXPERIENCE IN OPERATING PRIVATE FUNDS.
IRS990EZ/ProgramServiceRevenueAmt0123389
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED FUNDS TO SUPPORT EDUCATIONAL INVESTMENT PROGRAMS FOR MBA STUDENTS AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt023258
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt023258
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1,397.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRAVEL. AMOUNT: 5,000. DESCRIPTION: MEETINGS AND CONFERENCES. AMOUNT: 1,660. DESCRIPTION: LOSS ON PASS-THROUGH INVESTMENT. AMOUNT: 3,786. DESCRIPTION: MISCELLANEOUS. AMOUNT: 392. TOTAL TO FORM 990-EZ, LINE 16: 10,838.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENT IN PRIVATE EQUITY FUND I LP. BEG. OF YEAR AMOUNT: 6,657. END OF YEAR AMOUNT: 5,608. DESCRIPTION: INVESTMENT IN REAL ESTATE FUND LP. BEG. OF YEAR AMOUNT: 5,352. END OF YEAR AMOUNT: 1,450. DESCRIPTION: INVESTMENT IN PRIVATE EQUITY FUND II LP. BEG. OF YEAR AMOUNT: 22,681. END OF YEAR AMOUNT: 14,608. DESCRIPTION: INVESTMENT IN REAL ESTATE FUND II LP. BEG. OF YEAR AMOUNT: 21,782. END OF YEAR AMOUNT: 50,227. DESCRIPTION: INVESTMENT IN PRIVATE EQUITY FUND III LP. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,818. DESCRIPTION: INVESTMENT IN REAL ESTATE FUND III LP. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 10,799. DESCRIPTION: DUE FROM REAL ESTATE FUND III. BEG. OF YEAR AMOUNT: 3,900. END OF YEAR AMOUNT: 24,375.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID W STEVENS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09199627158
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KFBSF INC
ReturnHeader/Filer/BusinessNameControlTxt0KFBS
ReturnHeader/Filer/EIN0208071163
ReturnHeader/Filer/PhoneNum09199627158
ReturnHeader/Filer/USAddress/AddressLine1Txt0CAMPUS BOX 3490 MCCOLL BUILDING
ReturnHeader/Filer/USAddress/CityNm0CHAPEL HILL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0275993440
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560571159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD ROBINSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 19608
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0274199608
ReturnHeader/PreparerPersonGrp/PhoneNum03362944494
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RHONDA F SKILES
ReturnHeader/ReturnTs02016-03-31T10:57:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.49$0.07$0.12$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.24$0.03$0.20
2023Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.34$0.10$0.12$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.36$0.52$0.67$0.16
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$0.14$0.08$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.16$0.69$0.53
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.69$0.98$0.29
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.60$0.01$0.59
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.18$0.07$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.13$0.01$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.17$0.04$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.13$0.07$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.28$0.11$0.02$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.15$0.11$0.04
2011Summary only. Only limited summary data is available for this year.$0.15$0.00$0.14$0.06$0.08