Civic Intelligence

Slover Library Foundation

990 • Fiscal year 2025 • EIN 26-3772819

Jul 01, 2024 to Jun 30, 2025

Organization ProfileSLOVERLIBRARY.ORG
235 E Plume StreetNorfolk, VA 23510

(757) 664-4320

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

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

2025 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

5th percentile

0.00x

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

2025 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

2nd percentile

-98%

Higher net margin than 2% of similar nonprofits.

2025 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

39th percentile

$153,000

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 44.7% of source-year revenue.

2025 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

59th percentile

6.9%

Faster asset growth than 59% of similar nonprofits.

2025 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

71st percentile

17%

Faster revenue growth than 71% of similar nonprofits.

2025 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets5th percentile

Assets

Up

$12,220,120

Up $787,785 (+6.9%) from 2024

Net Assets

Up

$12,220,120

Up $787,785 (+6.9%) from 2024

Liabilities

Flat

$0

Flat from 2024

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin2nd percentile

Revenue

Up

$342,172

Up $50,667 (+17%) from 2024

Expenses

Up

$679,074

Up $245,186 (+57%) from 2024

Net Income

Down

-$336,902

Down $194,519 (-137%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$40M$30M$20M$10M$0Assets 2012: $37,839,062Liabilities 2012: $3,257,346Net Assets 2012: $34,581,7162012Assets 2013: $23,155,075Liabilities 2013: $2,785,693Net Assets 2013: $20,369,3822013Assets 2017: $8,478,778Liabilities 2017: $356,143Net Assets 2017: $8,122,6352017Assets 2018: $8,892,931Liabilities 2018: $287,473Net Assets 2018: $8,605,4582018Assets 2019: $9,069,006Liabilities 2019: $95,590Net Assets 2019: $8,973,4162019Assets 2020: $9,043,797Liabilities 2020: $28,374Net Assets 2020: $9,015,4232020Assets 2021: $11,008,810Liabilities 2021: $27,227Net Assets 2021: $10,981,5832021Assets 2022: $9,941,575Liabilities 2022: $25,100Net Assets 2022: $9,916,4752022Assets 2023: $10,476,167Liabilities 2023: $0Net Assets 2023: $10,476,1672023Assets 2024: $11,432,335Liabilities 2024: $0Net Assets 2024: $11,432,3352024Assets 2025: $12,220,120Liabilities 2025: $0Net Assets 2025: $12,220,1202025

Highlighted filing

2025

Assets$12,220,120
Liabilities$0
Net Assets$12,220,120
Open 2025 Filing

Operations Trend

Revenue Growth71st percentile

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2012: $405,3382012Expenses 2013: $15,959,2272013Revenue 2017: $597,779Expenses 2017: $358,585Net Income 2017: $239,1942017Revenue 2018: $790,968Expenses 2018: $647,356Net Income 2018: $143,6122018Revenue 2019: $510,054Expenses 2019: $689,970Net Income 2019: -$179,9162019Revenue 2020: $660,719Expenses 2020: $735,957Net Income 2020: -$75,2382020Revenue 2021: $2,154,646Expenses 2021: $450,527Net Income 2021: $1,704,1192021Revenue 2022: $614,841Expenses 2022: $548,417Net Income 2022: $66,4242022Revenue 2023: $28,481Expenses 2023: $505,727Net Income 2023: -$477,2462023Revenue 2024: $291,505Expenses 2024: $433,888Net Income 2024: -$142,3832024Revenue 2025: $342,172Expenses 2025: $679,074Net Income 2025: -$336,9022025

Highlighted filing

2025

Revenue$342,172
Expenses$679,074
Net Income-$336,902
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 21, 2026
Return Version
2024v5.5
Gross Receipts
$973,993
Mission and Program Overview

Mission

The foundation's mission is to support the maintenance and operation of a central library for the city of norfolk.

Support for a central library for the city of norfolk.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,560,033$9,331,794▲ $771,761
Investments Other Securities$2,256,710$2,534,374▲ $277,664
Cash and Non-Interest-Bearing Accounts$615,592$353,952▼ $261,640
Total Assets$11,432,335$12,220,120▲ $787,785
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,345,955$12,177,560▲ $831,605
Net Assets With Donor Restrictions$86,380$42,560▼ $43,820
Total Net Assets Fund Balance$11,432,335$12,220,120▲ $787,785
Total Liabilities and Net Assets / Fund Balance$11,432,335$12,220,120▲ $787,785

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,534,374--
Compensation and Service Providers
Top Officer Pay39th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Paul D FraimChairman & PresidentFT$153,000$153,000

Board Members and Trustees

NameTitle
Wayne WilbanksVice Chairman
Amanda Turner CheneyDirector
Blythe a ScottDirector
Conrad M HallDirector
David L BerndDirector
Deborah Butler PainterDirector
Frank Batten JrDirector
Frank T GadamsDirector
Jane P BattenDirector
Jordan E SloneDirector
Lisa F ChandlerDirector
Rev Harold J CobbDirector
Richard F Barry IiiDirector
Yvonne T AllmondDirector
Vincent J Mastracco JrSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,682
Program Service Revenue
$0
Investment Income
$223,490
Other Revenue
$0
All Other Contributions
$82,631
Change in Net Assets
$-336,902

Audited Revenue Reconciliation

Revenue per Audited Statements
$319,046
Revenue Not Reported on Financial Statements
$23,126
Revenue Not Reported on Form 990
$1,124,687
Total Revenue per Audited Statements
$1,443,733
Total Revenue per Form 990
$342,172
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$437,938
Salaries, Compensation, and Employee Benefits$241,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$145,600$7,400-$153,000
Other Salaries and Wages-$71,000-$71,000
Fees for Service Investment Mgmnt Fees-$23,126-$23,126
Fees for Services Accounting-$22,560-$22,560
Payroll Taxes$11,138$5,998-$17,136
Other Expenses$42,805$14,200-$14,200
Insurance$9,623--$9,623
Office Expenses-$913-$913
Total Functional Expenses$533,877$145,197$0$679,074

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$679,074
Expenses per Audited Statements$655,948
Total Expenses per Audited Statements$655,948
Expenses Not Reported on Financial Statements$23,126
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Jane p. Batten and frank batten, jr. Have a family relationship. Frank batten jr. And conrad m. Hall have business relationships.”

Form 990, Part VI, Section B, Line 11B

“The return is reviwed by an officer of the organization prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The foundation's officers and directors have been provided a copy of the written policy regarding conflicts of interest. The foundation engages in a limited number of transactions and the officers evaluate potential conflicts as new transactions are entered into.”

Form 990, Part VI, Section C, Line 19

“The foundation's governing documents,conflict of interest policy, and financial statements are made available upon request. Its financial statements are also available for viewing on the foundation's website.”

Filing and Contact Details

Filer

Filer Name
Slover Library Foundation
EIN
26-3772819
Phone
7576644320
Address
235 E PLUME STREET, NORFOLK, VA 23510

Signing Officer

Name
Vincent J Mastracco Jr
Title
Secretary & Treasurer
Phone
7576644320
Signed
2026-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul D Fraim
Formed
2008
Legal Domicile
Va
Voting Board Members
16
Independent Board Members
15
Employees
2
Volunteers
0

Preparer

Firm
Cavanaugh Nelson Plc
Address
999 WATERSIDE DRIVE SUITE 2250, NORFOLK, VA 23510
Preparer
Mark a Nelson
Phone
7575784900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

“The foundation uses the modified cash basis of accounting, modified to present investments and related accrued income at fair value. All other items of income and expense are presented on a cash basis.”

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is an organization described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes except with respect to unrelated business income (ubit) dervied from its investments in pass-through entities. The foundation's tax returns are generally subject to examination by authorities for a period of three years from the date they are filed and, accordingly,returns for the years ended june 30, 2022 and later remain subject to examination.”

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IRS990/NetUnrlzdGainsLossesInvstAmt01124687
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011345955
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt012177560
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0913
IRS990/OfficeExpensesGrp/TotalAmt0913
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TECHNOLOGY INVESTMENTS
IRS990/OtherExpensesGrp/Desc1EXHIBIT AND EVENT SPONS
IRS990/OtherExpensesGrp/Desc2OTHER SUPPORT
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014200
IRS990/OtherExpensesGrp/ProgramServicesAmt0222723
IRS990/OtherExpensesGrp/ProgramServicesAmt1101988
IRS990/OtherExpensesGrp/ProgramServicesAmt242805
IRS990/OtherExpensesGrp/TotalAmt0222723
IRS990/OtherExpensesGrp/TotalAmt1101988
IRS990/OtherExpensesGrp/TotalAmt242805
IRS990/OtherExpensesGrp/TotalAmt314200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt071000
IRS990/OtherSalariesAndWagesGrp/TotalAmt071000
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05998
IRS990/PayrollTaxesGrp/ProgramServicesAmt011138
IRS990/PayrollTaxesGrp/TotalAmt017136
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0PAUL D FRAIM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0INVESTMENTS IN THE NORFOLK PUBLIC LIBRARY'S FACILITIES AND TECHNOLOGY IMPROVEMENTS TO SUPPORT ITS ONGOING MISSION AND ACTIVITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0222723
IRS990/ProgSrvcAccomActy3Grp/Desc0ACTIVITIES AND EVENTS IN THE COMMUNITY TO PROMOTE THE NORFOLK PUBLIC LIBRARY AND ITS PROGRAMS INCLUDING SPONSORSHIP OF EDUCATIONAL WORKSHOPS, DECORATION OF LIBRARY SPACE FOR HOLIDAY EVENTS, DEVELOPMENT OF INTERACTIVE APPLICATIONS FOR PATRONS, DISTRIBUTION OF PROMOTIONAL MATERIALS, AND SIMILAR ACTIVITES. INCLUDES CERTAIN PROGRAMS COORDINATED WITH THE VIRGINIA ARTS FESTIVAL, NAUTICUS FOUNDATION, VIRGINIA FOUNDATION FOR THE HUMANITIES AND OTHER NON-PROFIT ORGANIZATIONS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0209166
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0106055
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0185450
IRS990/PYOtherExpensesAmt0198673
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-142383
IRS990/PYSalariesCompEmpBnftPaidAmt0235215
IRS990/PYTotalExpensesAmt0433888
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0291505
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-336902
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0118682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0106055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt065044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt077005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0323298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0690084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0223490
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0184450
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-36563
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0201940
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0185668
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0758985
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0363437
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0363437
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.35880
IRS990ScheduleA/PublicSupportPY170Pct00.43990
IRS990ScheduleA/PublicSupportTotal170Amt0650334
IRS990ScheduleA/SubstantialContributorsTotAmt039750
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0118682
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0106055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt065044
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0323298
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0690084
IRS990ScheduleA/TotalSupportAmt01812506
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt023126
IRS990ScheduleD/ExpensesSubtotalAmt0655948
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt023126
IRS990ScheduleD/InvestmentExpensesNotIncldAmt023126
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01124687
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02534374
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LIMITED PARTNERSHIP INTERESTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt01124687
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt023126
IRS990ScheduleD/RevenueSubtotalAmt0319046
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES EXCEPT WITH RESPECT TO UNRELATED BUSINESS INCOME (UBIT) DERVIED FROM ITS INVESTMENTS IN PASS-THROUGH ENTITIES. THE FOUNDATION'S TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED AND, ACCORDINGLY,RETURNS FOR THE YEARS ENDED JUNE 30, 2022 AND LATER REMAIN SUBJECT TO EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt02534374
IRS990ScheduleD/TotalExpensesPerForm990Amt0679074
IRS990ScheduleD/TotalRevenuePerForm990Amt0342172
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01443733
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0655948
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0153000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PAUL D FRAIM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHAIRMAN & PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0153000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JANE P. BATTEN AND FRANK BATTEN, JR. HAVE A FAMILY RELATIONSHIP. FRANK BATTEN JR. AND CONRAD M. HALL HAVE BUSINESS RELATIONSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIWED BY AN OFFICER OF THE ORGANIZATION PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION'S OFFICERS AND DIRECTORS HAVE BEEN PROVIDED A COPY OF THE WRITTEN POLICY REGARDING CONFLICTS OF INTEREST. THE FOUNDATION ENGAGES IN A LIMITED NUMBER OF TRANSACTIONS AND THE OFFICERS EVALUATE POTENTIAL CONFLICTS AS NEW TRANSACTIONS ARE ENTERED INTO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOUNDATION'S GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. ITS FINANCIAL STATEMENTS ARE ALSO AVAILABLE FOR VIEWING ON THE FOUNDATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION USES THE MODIFIED CASH BASIS OF ACCOUNTING, MODIFIED TO PRESENT INVESTMENTS AND RELATED ACCRUED INCOME AT FAIR VALUE. ALL OTHER ITEMS OF INCOME AND EXPENSE ARE PRESENTED ON A CASH BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00

Document Assets

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Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,220,120
Liabilities
$0
Net assets
$12,220,120
Revenue
$342,172
Expenses
$679,074
Net income
-$336,902
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$12.2$0.00$12.2$0.34$0.68$0.34
2024Detailed filing. Detailed filing data is available for this year.$11.4$0.00$11.4$0.29$0.43$0.14
2023Detailed filing. Detailed filing data is available for this year.$10.5$0.00$10.5$0.03$0.51$0.48
2022Detailed filing. Detailed filing data is available for this year.$9.94$0.03$9.92$0.61$0.55$0.07
2021Detailed filing. Detailed filing data is available for this year.$11.0$0.03$11.0$2.15$0.45$1.70
2020Detailed filing. Detailed filing data is available for this year.$9.04$0.03$9.02$0.66$0.74$0.08
2019Detailed filing. Detailed filing data is available for this year.$9.07$0.10$8.97$0.51$0.69$0.18
2018Detailed filing. Detailed filing data is available for this year.$8.89$0.29$8.61$0.79$0.65$0.14
2017Detailed filing. Detailed filing data is available for this year.$8.48$0.36$8.12$0.60$0.36$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.2$2.79$20.4$16.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.8$3.26$34.6$0.41