Liabilities / Assets
8th percentile
Higher debt load relative to assets than 8% of similar nonprofits.
990 • Fiscal year 2023 • EIN 20-8548088
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
8th percentile
Higher debt load relative to assets than 8% of similar nonprofits.
Liabilities / Revenue
15th percentile
Higher debt load relative to revenue than 15% of similar nonprofits.
Net Margin
80th percentile
Higher net margin than 80% of similar nonprofits.
Top Officer Pay
25th percentile
Higher top officer pay than 25% of similar nonprofits.
Top officer pay equals 3.3% of source-year revenue.
Asset Growth
67th percentile
Faster asset growth than 67% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Up$14,990,048
Up $1,350,548 (+9.9%) from 2022
Net Assets
Up$14,939,778
Up $1,327,339 (+9.8%) from 2022
Liabilities
Up$50,270
Up $23,209 (+86%) from 2022
Revenue
Up$1,097,592
Up $1,213,078 (+1050%) from 2022
Expenses
Up$713,314
Up $268,809 (+60%) from 2022
Net Income
Up$384,278
Up $944,269 (+169%) from 2022
To fund, through grants, public education and economic development in forsyth county and surrounding areas.
To fund public education and economic development in forsyth county and surrounding areas.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $13,068,832 | $14,486,113 | ▲ $1,417,281 |
| Cash and Non-Interest-Bearing Accounts | $570,449 | $498,146 | ▼ $72,303 |
| Prepaid Expenses and Deferred Charges | - | $4,242 | - |
| Accounts Receivable | $219 | $1,547 | ▲ $1,328 |
| Total Assets | $13,639,500 | $14,990,048 | ▲ $1,350,548 |
| Liabilities | |||
| Grants Payable | $25,000 | $50,000 | ▲ $25,000 |
| Accounts Payable and Accrued Expenses | $2,061 | $270 | ▼ $1,791 |
| Total Liabilities | $27,061 | $50,270 | ▲ $23,209 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $13,612,439 | $14,939,778 | ▲ $1,327,339 |
| Total Net Assets Fund Balance | $13,612,439 | $14,939,778 | ▲ $1,327,339 |
| Total Liabilities and Net Assets / Fund Balance | $13,639,500 | $14,990,048 | ▲ $1,350,548 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Robert Egleston | Executive Di | PT | $36,000 | $36,000 |
| Name | Title |
|---|---|
| Ralph Womble | Chair |
| Andy Dreyfuss | Past Chair |
| Mamie Sutphin | Vice Chair/t |
| Betsy Brown | Director |
| Bob Leak | Director |
| Carol Davis | Director |
| Damon Sanders-pratt | Director |
| Deborah Best | Director |
| Greg Brewer | Director |
| Melvin Scales | Director |
| Penn Broyhill | Director |
| Sandra Fishel-booth | Director |
| Vivian Perez Chandler | Director |
| Robert Clark | 2nd Past CHA |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $580,530 |
| Other Expenses | $96,784 |
| Salaries, Compensation, and Employee Benefits | $36,000 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | - | - | - | $580,530 |
| Current Officers, Directors, Trustees, and Key Employees | - | - | - | $36,000 |
| Fees for Service Investment Mgmnt Fees | - | - | - | $35,482 |
| Fees for Services Accounting | - | - | - | $19,800 |
| Occupancy | - | - | - | $4,264 |
| Insurance | - | - | - | $3,833 |
| Conferences and Meetings | - | - | - | $3,173 |
| Information Technology | - | - | - | $3,166 |
| Office Expenses | - | - | - | $1,552 |
| Other Expenses | - | - | - | $386 |
| Total Functional Expenses | $0 | $0 | $0 | $713,314 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $713,314 |
| Expenses per Audited Statements | $677,832 |
| Total Expenses per Audited Statements | $677,832 |
| Expenses Not Reported on Financial Statements | $35,482 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Forsyth Technical Community College | Winstonsalem, NC | 501c3 | Education | $87,000 |
| Winston Starts | Winstonsalem, NC | 501c3 | Economic Development | $38,530 |
| Winston-salem Center for Education | Winstonsalem, NC | 501c3 | Education | $35,000 |
| Empower Tech Scholarship Fund | Winstonsalem, NC | 501c3 | Education | $30,000 |
| Greater W-s Development Corp | Winstonsalem, NC | 501c3 | Economic Development | $30,000 |
| Piedmont Triad Partnership | Greensboro, NC | 501c3 | Economic Development | $30,000 |
| The Do School | Winstonsalem, NC | 501c3 | Education | $30,000 |
| Winston-salem Mixxer Inc | Winstonsalem, NC | 501c3 | Economic Development | $30,000 |
| Abc of North Carolina | Winstonsalem, NC | 501c3 | Education | $28,000 |
| Habitat for Humanity of Forsyth | Winstonsalem, NC | 501c3 | Economic Development | $25,000 |
| Salem Academy & College | Winstonsalem, NC | 501c3 | Education | $25,000 |
| Sg Atkins Community Development | Winstonsalem, NC | 501c3 | Economic Development | $25,000 |
| World Relief Corp of National Assoc | Winstonsalem, NC | 501c3 | Education | $25,000 |
| Winston-salem Police Foundation | Winstonsalem, NC | 501c3 | Economic Development | $21,500 |
| Moji Coffee and More | Winstonsalem, NC | 501c3 | Economic Development | $20,000 |
| National Black Repertory Co Inc | Winstonsalem, NC | 501c3 | Education | $20,000 |
| Southside Rides Foundation Inc | Winstonsalem, NC | 501c3 | Education | $20,000 |
| Downtown Winston-salem Partnership | Winstonsalem, NC | 501c3 | Economic Development | $15,000 |
| Forsyth Med Center Foundation | Winstonsalem, NC | 501c3 | Education | $15,000 |
| A Bed and a Book | Winstonsalem, NC | 501c3 | Education | $10,500 |
| Dress for Success Winston-salem | Winstonsalem, NC | 501c3 | Economic Development | $10,000 |
| Neighbors for Better Neighborhoods | Winstonsalem, NC | 501c3 | Economic Development | $10,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Twin city development foundation uses robert egleston and lisa venable, both independent contractors, to perform the administrative/management functions of the foundation.”
“The governing body (board of directors) does not review the 990. The 990 is reviewed by lisa venable, an independent contractor.”
“We do not accept nor solicit funds from the public; therefore, we do not make our documents available for public inspection.”
“The foundation is a not-for-profit organization and is exempt from income taxes under section 501(c)(6) of the internal revenue code. Accordingly, income tax expense is limited to activities that are deemed by the internal revenue service to be unrelated to their exempt purpose. The foundation's primary tax positions relate to its status as a not-for profit entity exempt from income taxes and classification of activities related to its exempt purpose. It is the opinion of management that the foundation has no uncertain tax positions that would be subject to change upon examination. The foundation is required to file a federal exempt organization tax return (form 990) annually to retain its exempt status. The foundation is also required to file an exempt organization business income tax return (form 990-t) for any year gross unrelated business income exceeds 1,000. The foundation's form 990 filings are generally subject to examination by the internal revenue service for three years after they are filed.”
“Rental expenses netted with revenue 0”
“Rental expenses netted with revenue 0”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 2061 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 270 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 219 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1547 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO FUND PUBLIC EDUCATION AND ECONOMIC DEVELOPMENT IN FORSYTH COUNTY AND SURROUNDING AREAS. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | LISA VENABLE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3367773595 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 500 W 5TH STREET STE 800-28 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WINSTONSALEM |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27101 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 570449 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 498146 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 36000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 3173 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 580530 |
| IRS990/CYInvestmentIncomeAmt | 0 | 1097592 |
| IRS990/CYOtherExpensesAmt | 0 | 96784 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 384278 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 36000 |
| IRS990/CYTotalExpensesAmt | 0 | 713314 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1097592 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | true |
| IRS990/Desc | 0 | FUNDING, THROUGH GRANTS, EDUCATIONAL AND ECONOMIC DEVELOPMENT IN FORSYTH COUNTY AND SURROUNDING AREAS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 19800 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 35482 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 12.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 0.20 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ROBERT EGLESTON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | BETSY BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BOB LEAK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DEBORAH BEST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | GREG BREWER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | VIVIAN PEREZ CHANDLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | CAROL DAVIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAMON SANDERS-PRATT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SANDRA FISHEL-BOOTH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | PENN BROYHILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MELVIN SCALES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | ANDY DREYFUSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | MAMIE SUTPHIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | RALPH WOMBLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | ROBERT CLARK |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 36000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PAST CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VICE CHAIR/T |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | 2ND PAST CHA |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2007 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 683325 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 25000 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 50000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 580530 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 683325 |
| IRS990/GrossReceiptsAmt | 0 | 1097592 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 3166 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3833 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 414267 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 414267 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 13068832 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 14486113 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO FUND, THROUGH GRANTS, PUBLIC EDUCATION AND ECONOMIC DEVELOPMENT IN FORSYTH COUNTY AND SURROUNDING AREAS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 13612439 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 14939778 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 683325 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 683325 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 943061 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 13612439 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 14939778 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 4264 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1552 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 25128 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 386 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 4242 |
| IRS990/PrincipalOfficerNm | 0 | ROBERT EGLESTON |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 329000 |
| IRS990/PYInvestmentIncomeAmt | 0 | -87186 |
| IRS990/PYOtherExpensesAmt | 0 | 91505 |
| IRS990/PYOtherRevenueAmt | 0 | -28300 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -559991 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 24000 |
| IRS990/PYTotalExpensesAmt | 0 | 444505 |
| IRS990/PYTotalRevenueAmt | 0 | -115486 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 384278 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 35482 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 677832 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 35482 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 35482 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 943061 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 943061 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 35482 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1062110 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, INCOME TAX EXPENSE IS LIMITED TO ACTIVITIES THAT ARE DEEMED BY THE INTERNAL REVENUE SERVICE TO BE UNRELATED TO THEIR EXEMPT PURPOSE. THE FOUNDATION'S PRIMARY TAX POSITIONS RELATE TO ITS STATUS AS A NOT-FOR PROFIT ENTITY EXEMPT FROM INCOME TAXES AND CLASSIFICATION OF ACTIVITIES RELATED TO ITS EXEMPT PURPOSE. IT IS THE OPINION OF MANAGEMENT THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE FOUNDATION IS REQUIRED TO FILE A FEDERAL EXEMPT ORGANIZATION TAX RETURN (FORM 990) ANNUALLY TO RETAIN ITS EXEMPT STATUS. THE FOUNDATION IS ALSO REQUIRED TO FILE AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) FOR ANY YEAR GROSS UNRELATED BUSINESS INCOME EXCEEDS 1,000. THE FOUNDATION'S FORM 990 FILINGS ARE GENERALLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR THREE YEARS AFTER THEY ARE FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | RENTAL EXPENSES NETTED WITH REVENUE 0 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | RENTAL EXPENSES NETTED WITH REVENUE 0 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XI, LINE 2D |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | SCHEDULE D, PAGE 4, PART XII, LINE 2D |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 713314 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1097592 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 2005171 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 677832 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 15000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 25000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 4 | 20000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 5 | 87000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 6 | 38530 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 7 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 8 | 15000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 9 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 10 | 25000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 11 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 12 | 20000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 13 | 21500 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 14 | 35000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 15 | 25000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 16 | 28000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 17 | 25000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 18 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 19 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 20 | 20000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 21 | 10500 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 3 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 4 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 5 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 6 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 7 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 8 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 9 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 10 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 11 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 12 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 13 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 14 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 15 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 16 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 17 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 18 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 19 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 20 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 21 | 501C3 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 3 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 4 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 5 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 6 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 7 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 8 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 9 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 10 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 11 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 12 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 13 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 14 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 15 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 16 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 17 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 18 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 19 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 20 | EDUCATION |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 21 | EDUCATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | DOWNTOWN WINSTON-SALEM PARTNERSHIP |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | PIEDMONT TRIAD PARTNERSHIP |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | SALEM ACADEMY & COLLEGE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 3 | GREATER W-S DEVELOPMENT CORP |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 4 | MOJI COFFEE AND MORE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 5 | FORSYTH TECHNICAL COMMUNITY COLLEGE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 6 | WINSTON STARTS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 7 | WINSTON-SALEM MIXXER INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 8 | FORSYTH MED CENTER FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 9 | EMPOWER TECH SCHOLARSHIP FUND |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 10 | SG ATKINS COMMUNITY DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 11 | THE DO SCHOOL |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 12 | SOUTHSIDE RIDES FOUNDATION INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 13 | WINSTON-SALEM POLICE FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 14 | WINSTON-SALEM CENTER FOR EDUCATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 15 | WORLD RELIEF CORP OF NATIONAL ASSOC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 16 | ABC OF NORTH CAROLINA |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 17 | HABITAT FOR HUMANITY OF FORSYTH |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 18 | NEIGHBORS FOR BETTER NEIGHBORHOODS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 19 | DRESS FOR SUCCESS WINSTON-SALEM |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 20 | NATIONAL BLACK REPERTORY CO INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 21 | A BED AND A BOOK |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt | 0 | FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt | 1 | CORP |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt | 2 | AND THE ARTS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt | 3 | OF EVANGELICALS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt | 4 | COUNTY |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 561945804 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 561750279 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 560530005 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 3 | 510436665 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 4 | 821323499 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 5 | 561070364 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 6 | 821573081 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 7 | 472272568 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 8 | 562120959 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 9 | 883758303 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 10 | 562087076 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 11 | 854351883 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 12 | 202790909 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 13 | 475289473 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 14 | 272462645 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 15 | 236393344 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 16 | 300111894 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 17 | 561448955 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 18 | 311598244 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 19 | 263973444 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 20 | 581518704 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 21 | 852699713 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 515 N CHERRY ST |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.