Civic Intelligence

The War Memorial Foundation

990 • Fiscal year 2012 • EIN 26-2187703

Oct 01, 2011 to Sep 30, 2012 • Filed on Aug 12, 2013

600 North Regional Road27409
Siviq Scores

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

Liabilities / Assets

40th percentile

0.02x

Higher debt load relative to assets than 40% of similar nonprofits.

2012 filings • NTEE A • $500k-$1M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$479,009

No earlier filing loaded for comparison.

Net Assets

$471,492

No earlier filing loaded for comparison.

Liabilities

$7,517

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$91,752

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $479,009Liabilities 2012: $7,517Net Assets 2012: $471,4922012Assets 2013: $1,628,210Liabilities 2013: $630,075Net Assets 2013: $998,1352013Assets 2014: $69,345Liabilities 2014: $0Net Assets 2014: $69,3452014Assets 2015: $91,351Liabilities 2015: $0Net Assets 2015: $91,3512015Assets 2016: $74,963Liabilities 2016: $0Net Assets 2016: $74,9632016Assets 2017: $85,242Liabilities 2017: $0Net Assets 2017: $85,2422017Assets 2018: $51,737Liabilities 2018: $0Net Assets 2018: $51,7372018

Highlighted filing

2012

Assets$479,009
Liabilities$7,517
Net Assets$471,492

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $91,7522012Expenses 2013: $719,3992013Revenue 2014: $942,441Expenses 2014: $1,871,231Net Income 2014: -$928,7902014Revenue 2015: $330,645Expenses 2015: $308,639Net Income 2015: $22,0062015Revenue 2016: $64,805Expenses 2016: $81,193Net Income 2016: -$16,3882016Revenue 2017: $84,197Expenses 2017: $73,918Net Income 2017: $10,2792017Revenue 2018: $38,233Expenses 2018: $71,738Net Income 2018: -$33,5052018

Highlighted filing

2012

Revenue-
Expenses$91,752
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Aug 12, 2013
Return Version
2011v1.5
Gross Receipts
$572,145
Mission and Program Overview

Mission

The war memorial foundation, inc. ("the foundation"), was chartered by the state of north carolina in 2009. The foundation is organized exclusively for benevolent, historic and education purposes within the meaning of section 501(c)(3) of the internal revenue code, including, for such purposes, the making of distributions to organizations that also qualify as section 501(c)(3) exempt organizations. The foundation pursues projects that specifically honor the service men and women of the united states armed forces and their families. All funds, whether income or principal, and whether acquired by gift or contribution or otherwise, are devoted to said purpose. The foundation's revenues are generated from grants, donations and fund raising activities. The foundation was organized for the following purposes: 1.the war memorial foundation is organized exclusively for benevolent, historic and educational purposes and shall pursue projects that specifically honor the service men and women of t

Filing and Contact Details

Filer

EIN
26-2187703
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IRS990/MissionDescription0THE WAR MEMORIAL FOUNDATION, INC. ("THE FOUNDATION"), WAS CHARTERED BY THE STATE OF NORTH CAROLINA IN 2009. THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR BENEVOLENT, HISTORIC AND EDUCATION PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT ALSO QUALIFY AS SECTION 501(C)(3) EXEMPT ORGANIZATIONS. THE FOUNDATION PURSUES PROJECTS THAT SPECIFICALLY HONOR THE SERVICE MEN AND WOMEN OF THE UNITED STATES ARMED FORCES AND THEIR FAMILIES. ALL FUNDS, WHETHER INCOME OR PRINCIPAL, AND WHETHER ACQUIRED BY GIFT OR CONTRIBUTION OR OTHERWISE, ARE DEVOTED TO SAID PURPOSE. THE FOUNDATION'S REVENUES ARE GENERATED FROM GRANTS, DONATIONS AND FUND RAISING ACTIVITIES. THE FOUNDATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.THE WAR MEMORIAL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR BENEVOLENT, HISTORIC AND EDUCATIONAL PURPOSES AND SHALL PURSUE PROJECTS THAT SPECIFICALLY HONOR THE SERVICE MEN AND WOMEN OF T
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IRS990ScheduleO/GeneralExplanation/Explanation0THE WAR MEMORIAL FOUNDATION, INC. ("THE FOUNDATION"), WAS CHARTERED BY THE STATE OF NORTH CAROLINA IN 2009. THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR BENEVOLENT, HISTORIC AND EDUCATION PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT ALSO QUALIFY AS SECTION 501(C)(3) EXEMPT ORGANIZATIONS. THE FOUNDATION PURSUES PROJECTS THAT SPECIFICALLY HONOR THE SERVICE MEN AND WOMEN OF THE UNITED STATES ARMED FORCES AND THEIR FAMILIES. ALL FUNDS, WHETHER INCOME OR PRINCIPAL, AND WHETHER ACQUIRED BY GIFT OR CONTRIBUTION OR OTHERWISE, ARE DEVOTED TO SAID PURPOSE. THE FOUNDATION'S REVENUES ARE GENERATED FROM GRANTS, DONATIONS AND FUND RAISING ACTIVITIES. THE FOUNDATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.THE WAR MEMORIAL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR BENEVOLENT, HISTORIC AND EDUCATIONAL PURPOSES AND SHALL PURSUE PROJECTS THAT SPECIFICALLY HONOR THE SERVICE MEN AND WOMEN OF THE UNITED STATES ARMED FORCES AND THEIR FAMILIES. 2.TO DEVELOP AND CONSTRUCT THE CAROLINA FIELD OF HONOR IN THE TRIAD PARK TO OFFER RECREATION AND EDUCATION FOR THE TRIAD REGION. THE CAROLINA FIELD OF HONOR WILL CONSIST OF A PARADE DECK, A MEMORIAL WITH A FOUNTAIN AND AN AMPHITHEATER.
IRS990ScheduleO/GeneralExplanation/Explanation1THE FOUNDATION WAS ORGANIZED FOR THE FOLLOWING PURPOSES: 1.THE WAR MEMORIAL FOUNDATION IS ORGANIZED EXCLUSIVELY FOR BENEVOLENT, HISTORIC AND EDUCATIONAL PURPOSES AND SHALL PURSUE PROJECTS THAT SPECIFICALLY HONOR THE SERVICE MEN AND WOMEN OF THE UNITED STATES ARMED FORCES AND THEIR FAMILIES. 2.TO DEVELOP AND CONSTRUCT THE CAROLINA FIELD OF HONOR IN THE TRIAD PARK TO OFFER RECREATION AND EDUCATION FOR THE TRIAD REGION. THE CAROLINA FIELD OF HONOR WILL CONSIST OF A PARADE DECK, A MEMORIAL WITH A FOUNTAIN AND AN AMPHITHEATER.
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IRS990/TotalNetAssetsFundBalances/BOY0-8901
IRS990/TotalNetAssetsFundBalances/EOY0471492
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense074080
IRS990/TotalRevenueCurrentYear0572145
IRS990/TotalRevenuePriorYear025120
IRS990/TotalRevenue/TotalRevenueColumn0572145
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY0-8901
IRS990/UnrestrictedNetAssets/EOY0471492
IRS990/UnsecuredNotesLoansPayable/BOY06000
IRS990/UponRequest0X
IRS990/WebSite0WWW.NCWMF.ORG
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation02009
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0262187703
ReturnHeader/Filer/Name/BusinessNameLine10THE WAR MEMORIAL FOUNDATION
ReturnHeader/Filer/NameControl0WARM
ReturnHeader/Filer/USAddress/AddressLine10600 NORTH REGIONAL ROAD
ReturnHeader/Filer/USAddress/City0GREENSBORO
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode027409
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-08-12
ReturnHeader/Officer/Name0WILLIAM H KNIGHT
ReturnHeader/Officer/Title0SECRETARY
ReturnHeader/Preparer/DatePrepared02013-08-13
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10O DOUGLAS COVINGTON
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine101031 SUMMIT AVE STE 2E1
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0GREENSBORO
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode027405
ReturnHeader/Preparer/Name0O DOUGLAS COVINGTON
ReturnHeader/Preparer/Phone03362725618
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02011-10-01
ReturnHeader/TaxPeriodEndDate02012-09-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-08-13T09:28:57-05:00

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