Liabilities / Assets
5th percentile
Tied with the lowest-debt nonprofits in its peer group.
990 • Fiscal year 2011 • EIN 27-0635624
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
5th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
$207,159
No earlier filing loaded for comparison.
Net Assets
$207,159
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Revenue
-
No earlier filing loaded for comparison.
Expenses
$6,956,107
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
The Foundations mission is to protect pine trees which are endangered or at risk, and teach youth particularly disadvantaged youth how to become agribusiness entrepreneurs, creating sustainable green jobs, particularly in poorer and/or rural communities, while simultaneously nurturing the environment so current and future generations can enjoy it.
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/AccountantCompileOrReview | 0 | true |
| IRS990/ActivitiesConductedPartnership | 0 | false |
| IRS990/Activity2/Description | 0 | Over 1,000 acres of pine trees were protected. The Foundation is working with state forestry rangers to develop a youth teaching program about how to properly care for pine trees to both protect them and make them a sustainable source of revenue for creating minority and rural jobs without endangering the trees. The Board was unable to secure any steady sources of revenue for continuing efforts, but is working with a grant writer to develop some sources of revenue for the tree protection program as well as grants or conservation donations to protect more acreage where urban sprawl is endangering the trees. |
| IRS990/Activity2/Expense | 0 | 2566544 |
| IRS990/Activity3/Description | 0 | Once steady agriculture revenue sources from the youth entrepreneurship lab were developed, the Foundation Board was able to set up a basic office. We began to develop a public relations effort to make people aware of the Foundations mission and goals, and to discuss long term plans. The independent directors were asked to check with similar foundations and develop a proposal for appropriate compensation for the Executive Director, who remains unpaid until such independent review is completed, debated by the Board, and eventually approved. The Board hopes to have several other related startup policy issues in place within the next 12 months related to appropriate infrastructure, contracts for services, committee structure, and similar administrative concerns. |
| IRS990/Activity3/Expense | 0 | 91123 |
| IRS990/ActivityOrMissionDescription | 0 | The Foundations two-fold mission is to protect and nuture the environment, particularly endangered species of pine trees, while teaching disadvantaged youth how to create jobs and become agribusiness entrepreneurs, and thus mentor the next generation on improving lives and the environment simultaneously. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | 108 Cottonwood Drive |
| IRS990/AddressPrincipalOfficerUS/City | 0 | Jamestown |
| IRS990/AddressPrincipalOfficerUS/State | 0 | NC |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 27282 |
| IRS990/Advertising/Total | 0 | 35 |
| IRS990/AllOtherExpenses/ManagementAndGeneral | 0 | 23384 |
| IRS990/AllOtherExpenses/ProgramServices | 0 | 611654 |
| IRS990/AllOtherExpenses/Total | 0 | 635038 |
| IRS990/AnnualDisclosureCoveredPersons | 0 | true |
| IRS990/AuditCommittee | 0 | false |
| IRS990/BenefitsPaidToMembersCY | 0 | 0 |
| IRS990/BenefitsToMembers/Total | 0 | 0 |
| IRS990/BsnssRltnshpThruFamilyMember | 0 | true |
| IRS990/BsnssRltnshpWithOrganization | 0 | true |
| IRS990/CashNonInterestBearing/BOY | 0 | 1000 |
| IRS990/CashNonInterestBearing/EOY | 0 | 63920 |
| IRS990/ChangesToOrganizingDocs | 0 | false |
| IRS990/CollectionsOfArt | 0 | false |
| IRS990/CompCurrentOfficersDirectors/Total | 0 | 0 |
| IRS990/CompDisqualPersons/Total | 0 | 0 |
| IRS990/CompensationFromOtherSources | 0 | true |
| IRS990/CompensationProcessCEO | 0 | true |
| IRS990/CompensationProcessOther | 0 | true |
| IRS990/ComplianceWithBackupWitholding | 0 | true |
| IRS990/ConferencesMeetings/Total | 0 | 0 |
| IRS990/ConflictOfInterestPolicy | 0 | true |
| IRS990/ConservationEasements | 0 | false |
| IRS990/ConsolidatedAuditFinancialStmt | 0 | false |
| IRS990/ContributionsGrantsCurrentYear | 0 | 0 |
| IRS990/ContributionsGrantsPriorYear | 0 | 1000 |
| IRS990/CreditCounseling | 0 | false |
| IRS990/DecisionsSubjectToApproval | 0 | false |
| IRS990/DeductibleContributionsOfArt | 0 | false |
| IRS990/DeductibleNonCashContributions | 0 | false |
| IRS990/DelegationOfManagementDuties | 0 | false |
| IRS990/DepreciationDepletion/Total | 0 | 0 |
| IRS990/DescribedIn501C3 | 0 | true |
| IRS990/Description | 0 | In this first year of program operations, the Foundation was able to create 100 green jobs in poor, rural areas. Most of these jobs went to minority youth from 18-26 years of age. In addition, the lab was developed for these youth to learn about entrepreneurship, agribusiness, and corporate social responsiblity goals. A psychologist was retained to help develop a comprehensive training program for these future entrepreneurs to learn how to create new green businesses. |
| IRS990/DisregardedEntity | 0 | false |
| IRS990/DistributionToDonor | 0 | false |
| IRS990/DocumentRetentionPolicy | 0 | false |
| IRS990/DonorAdvisedFunds | 0 | false |
| IRS990/ElectionOfBoardMembers | 0 | false |
| IRS990/EscrowAccount | 0 | false |
| IRS990/ExcessBenefitTransaction | 0 | false |
| IRS990/Expense | 0 | 4207282 |
| IRS990/FamilyOrBusinessRelationship | 0 | true |
| IRS990/FederalGrantAuditRequired | 0 | false |
| IRS990/FeesForServicesAccounting/ManagementAndGeneral | 0 | 12127 |
| IRS990/FeesForServicesAccounting/Total | 0 | 12127 |
| IRS990/FeesForServicesInvstMgmntFees/Total | 0 | 0 |
| IRS990/FeesForServicesLegal/Total | 0 | 0 |
| IRS990/FeesForServicesLobbying/Total | 0 | 0 |
| IRS990/FeesForServicesManagement/Total | 0 | 0 |
| IRS990/FeesForServicesOther/Total | 0 | 0 |
| IRS990/FinancialStatementSeparate | 0 | X |
| IRS990/FollowSFAS117 | 0 | X |
| IRS990/ForeignActivities | 0 | false |
| IRS990/ForeignFinancialAccount | 0 | false |
| IRS990/ForeignGrants/Total | 0 | 0 |
| IRS990/ForeignOffice | 0 | false |
| IRS990/Form8282PropertyDisposedOf | 0 | false |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 0 | 020.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 1 | 002.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 002.00 |
| IRS990/Form990PartVIISectionA/HighestCompensatedEmployee | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 0 | X |
| IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector | 1 | X |
| IRS990/Form990PartVIISectionA/KeyEmployee | 0 | X |
| IRS990/Form990PartVIISectionA/NamePerson | 0 | Francis Logan Porter III |
| IRS990/Form990PartVIISectionA/NamePerson | 1 | Doris Porter |
| IRS990/Form990PartVIISectionA/NamePerson | 2 | Francis Logan Porter IV |
| IRS990/Form990PartVIISectionA/Officer | 0 | X |
| IRS990/Form990PartVIISectionA/OtherCompensation | 0 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 1 | 0 |
| IRS990/Form990PartVIISectionA/OtherCompensation | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromOrganization | 2 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 0 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 1 | 0 |
| IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs | 2 | 0 |
| IRS990/Form990PartVIISectionA/Title | 0 | Executive Director |
| IRS990/Form990PartVIISectionA/Title | 1 | Director |
| IRS990/Form990PartVIISectionA/Title | 2 | Director |
| IRS990/Form990ProvidedToGoverningBody | 0 | true |
| IRS990/FormersListed | 0 | false |
| IRS990/FSAudited | 0 | false |
| IRS990/FundraisingActivities | 0 | false |
| IRS990/FundsToPayPremiums | 0 | false |
| IRS990/GainOrLoss/Other | 0 | 444681 |
| IRS990/Gaming | 0 | false |
| IRS990/GrantsAndSimilarAmntsCY | 0 | 0 |
| IRS990/GrantsToDomesticIndividuals/Total | 0 | 0 |
| IRS990/GrantsToDomesticOrgs/Total | 0 | 0 |
| IRS990/GrantsToIndividuals | 0 | false |
| IRS990/GrantsToOrganizations | 0 | false |
| IRS990/GrantToRelatedPerson | 0 | false |
| IRS990/GrossAmountSalesAssets/Other | 0 | 481311 |
| IRS990/GrossIncomeOtherSources | 0 | 7162266 |
| IRS990/GrossReceipts | 0 | 7198896 |
| IRS990/GroupReturnForAffiliates | 0 | false |
| IRS990/Hospital | 0 | false |
| IRS990/IndependentAuditFinancialStmt | 0 | false |
| IRS990/IndoorTanningServices | 0 | false |
| IRS990/InformationTechnology/Total | 0 | 0 |
| IRS990/Insurance/ProgramServices | 0 | 67639 |
| IRS990/Insurance/Total | 0 | 67639 |
| IRS990/Interest/ManagementAndGeneral | 0 | 18720 |
| IRS990/Interest/Total | 0 | 18720 |
| IRS990/InvestmentIncomeCurrentYear | 0 | 444681 |
| IRS990/InvestmentInJointVenture | 0 | false |
| IRS990/InvestTaxExemptBonds | 0 | false |
| IRS990/LandBldgEquipmentAccumDeprec | 0 | 13898 |
| IRS990/LandBuildingsEquipmentBasis | 0 | 13898 |
| IRS990/LessCostOthBasisSalesExpenses/Other | 0 | 36630 |
| IRS990/LoanToOfficerOrDQP | 0 | true |
| IRS990/LobbyingActivities | 0 | false |
| IRS990/LocalChapters | 0 | false |
| IRS990/MaterialDiversionOrMisuse | 0 | false |
| IRS990/MembersOrStockholders | 0 | false |
| IRS990/MethodOfAccountingAccrual | 0 | X |
| IRS990/MinutesOfCommittees | 0 | true |
| IRS990/MinutesOfGoverningBody | 0 | true |
| IRS990/MissionDescription | 0 | The Foundations mission is to protect pine trees which are endangered or at risk, and teach youth particularly disadvantaged youth how to become agribusiness entrepreneurs, creating sustainable green jobs, particularly in poorer and/or rural communities, while simultaneously nurturing the environment so current and future generations can enjoy it. |
| IRS990/MoreThan5000KToIndividuals | 0 | false |
| IRS990/MoreThan5000KToOrganizations | 0 | false |
| IRS990/NameOfPrincipalOfficerPerson | 0 | Francis Logan Porter III |
| IRS990/NbrIndependentVotingMembers | 0 | 2 |
| IRS990/NbrVotingGoverningBodyMembers | 0 | 5 |
| IRS990/NbrVotingMembersGoverningBody | 0 | 5 |
| IRS990/NetAssetsOrFundBalancesBOY | 0 | 1000 |
| IRS990/NetAssetsOrFundBalancesEOY | 0 | 207159 |
| IRS990/NetGainOrLossInvestments/TotalRevenueColumn | 0 | 444681 |
| IRS990/NoListedPersonsCompensated | 0 | X |
| IRS990/NonDeductibleContributions | 0 | true |
| IRS990/NonDeductibleDisclosure | 0 | true |
| IRS990/NumberFormsTransmittedWith1096 | 0 | 0 |
| IRS990/NumberIndependentVotingMembers | 0 | 2 |
| IRS990/NumberOfEmployees | 0 | 0 |
| IRS990/NumberW2GIncluded | 0 | 0 |
| IRS990/Occupancy/ManagementAndGeneral | 0 | 29750 |
| IRS990/Occupancy/Total | 0 | 29750 |
| IRS990/OfficeExpenses/ManagementAndGeneral | 0 | 6446 |
| IRS990/OfficeExpenses/Total | 0 | 6446 |
| IRS990/OfficerEntityWithBsnssRltnshp | 0 | true |
| IRS990/OfficerMailingAddress | 0 | false |
| IRS990/OnBehalfOfIssuer | 0 | false |
| IRS990/Organization501c3 | 0 | X |
| IRS990/OtherEmployeeBenefits/Total | 0 | 0 |
| IRS990/OtherExpensesCurrentYear | 0 | 6956107 |
| IRS990/OtherExpenses/Description | 0 | cost of land rental |
| IRS990/OtherExpenses/Description | 1 | pine tree recyclable materials |
| IRS990/OtherExpenses/Description | 2 | contract labor |
| IRS990/OtherExpenses/Description | 3 | fuel |
| IRS990/OtherExpenses/ProgramServices | 0 | 402600 |
| IRS990/OtherExpenses/ProgramServices | 1 | 2163944 |
| IRS990/OtherExpenses/ProgramServices | 2 | 3050228 |
| IRS990/OtherExpenses/ProgramServices | 3 | 568884 |
| IRS990/OtherExpenses/Total | 0 | 402600 |
| IRS990/OtherExpenses/Total | 1 | 2163944 |
| IRS990/OtherExpenses/Total | 2 | 3050228 |
| IRS990/OtherExpenses/Total | 3 | 568884 |
| IRS990/OtherRevenueCurrentYear | 0 | 0 |
| IRS990/OtherSalariesAndWages/Total | 0 | 0 |
| IRS990/PartialLiquidation | 0 | false |
| IRS990/PaymentsToAffiliates/Total | 0 | 0 |
| IRS990/PayrollTaxes/Total | 0 | 0 |
| IRS990/PensionPlanContributions/Total | 0 | 0 |
| IRS990/PoliticalActivities | 0 | false |
| IRS990/PremiumsPaid | 0 | false |
| IRS990/PriorExcessBenefitTransaction | 0 | false |
| IRS990/ProfessionalFundraising | 0 | false |
| IRS990/ProgramServiceRevenue/BusinessCode | 0 | 110000 |
| IRS990/ProgramServiceRevenueCY | 0 | 6717585 |
| IRS990/ProgramServiceRevenue/Description | 0 | Youth agribusiness entrepreneurial training |
| IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome | 0 | 6717585 |
| IRS990/ProgramServiceRevenue/TotalRevenueColumn | 0 | 6717585 |
| IRS990/ProhibitedTaxShelterTrans | 0 | false |
| IRS990/QuidProQuoContributions | 0 | false |
| IRS990/ReceivablesFromOfficersEtc/EOY | 0 | 112132 |
| IRS990/ReconcilationRevenueExpenses | 0 | 206159 |
| IRS990/RegularMonitoringEnforcement | 0 | true |
| IRS990/RelatedEntity | 0 | false |
| IRS990/RelatedOrgControlledEntity | 0 | false |
| IRS990/ReportFin48Footnote | 0 | false |
| IRS990/ReportInvestOthSecurities | 0 | false |
| IRS990/ReportLandBldgEquip | 0 | true |
| IRS990/ReportOtherAssets | 0 | false |
| IRS990/ReportOtherLiabilities | 0 | false |
| IRS990/ReportProgRelInvest | 0 | false |
| IRS990/Revenue | 0 | 6717585 |
| IRS990/RevenuesLessExpensesCY | 0 | 206159 |
| IRS990/RevenuesLessExpensesPriorYear | 0 | 1000 |
| IRS990/Royalties/Total | 0 | 0 |
| IRS990/SalariesEtcCurrentYear | 0 | 0 |
| IRS990/SavingsAndTempCashInvestments/EOY | 0 | 31107 |
| IRS990ScheduleA/First5Years170 | 0 | X |
| IRS990ScheduleA/First5Years509 | 0 | X |
| IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContribReceived170/Total | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContribReceived509/Total | 0 | 1000 |
| IRS990ScheduleA/GrossInvestmentIncome509/Total | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear | 0 | 6717585 |
| IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc | 0 | 6717585 |
| IRS990ScheduleA/GrossReceiptsFromAdmissions/Total | 0 | 6717585 |
| IRS990ScheduleA/InvestmentIncomePercentage | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBI/Total | 0 | 0 |
| IRS990ScheduleA/OtherIncome509/Total | 0 | 0 |
| IRS990ScheduleA/Post1975UBTI/Total | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2 | 0 | X |
| IRS990ScheduleA/PublicSupportPercentage509 | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportPertcentage170 | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 1000 |
| IRS990ScheduleA/PublicSupportTotal509 | 0 | 6718585 |
| IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years | 0 | 1000 |
| IRS990ScheduleA/Total170/Total | 0 | 1000 |
| IRS990ScheduleA/Total509/CurrentTaxYear | 0 | 6717585 |
| IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years | 0 | 1000 |
| IRS990ScheduleA/Total509/Total | 0 | 6718585 |
| IRS990ScheduleA/TotalSupport | 0 | 1000 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear | 0 | 6717585 |
| IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years | 0 | 1000 |
| IRS990ScheduleA/TotalSupportTotal/Total | 0 | 6718585 |
| IRS990/ScheduleBRequired | 0 | false |
| IRS990ScheduleD/Equipment/Depreciation | 0 | 13898 |
| IRS990ScheduleD/Equipment/OtherCostOrOtherBasis | 0 | 13898 |
| IRS990ScheduleD/IncludedOnFS | 0 | false |
| IRS990ScheduleJ/AnyNonFixedPayments | 0 | false |
| IRS990ScheduleJ/BoardOrCommitteeApproval | 0 | X |
| IRS990ScheduleJ/CompBasedNetEarningsFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedNetEarningsRelateOrgs | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFilingOrg | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueRelatedOrgs | 0 | false |
| IRS990ScheduleJ/CompensationCommittee | 0 | X |
| IRS990ScheduleJ/CompensationSurvey | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrangement | 0 | false |
| IRS990ScheduleJ/InitialContractException | 0 | false |
| IRS990/ScheduleJRequired | 0 | false |
| IRS990ScheduleJ/SeverancePayment | 0 | false |
| IRS990ScheduleJ/SubstantiationRequired | 0 | true |
| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | false |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 0 | 29750 |
| IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction | 1 | 1625068 |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 0 | below market rent TO foundation |
| IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction | 1 | purchases from fundation at full market rate |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine1 | 0 | FLP Partners LLC |
| IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine1 | 1 | Logan Porter Enterprises Inc |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 0 | landlord |
| IRS990ScheduleL/Form990ScheduleLPartIV/Relationship | 1 | produce purchaser |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 0 | false |
| IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues | 1 | false |
| IRS990ScheduleL/Form990ScheduleLPartV/Explanation | 0 | Executive Directors family provided warehouse facilities to further the Foundations mission. The rent charged was below market rates, providing a benefit to the Foundations youth program |
| IRS990ScheduleL/Form990ScheduleLPartV/Explanation | 1 | One director, Logan Porter IV, owns Logan Porter Enterprises, Inc., which purchased product from the youth agribusiness training program at full market rates that non-related party customers did in order to assure that the program had sufficient income to carry out its purpose. These purchases will be phased out over the next couple years as the program becomes fnancially self-sufficient. |
| IRS990ScheduleL/Form990ScheduleLPartV/Identifier | 0 | IV |
| IRS990ScheduleL/Form990ScheduleLPartV/Identifier | 1 | IV |
| IRS990ScheduleL/Form990ScheduleLPartV/ReturnReference | 0 | 1 |
| IRS990ScheduleL/Form990ScheduleLPartV/ReturnReference | 1 | 2 |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 0 | true |
| IRS990ScheduleL/LoanTable/BalanceDue | 0 | 112132 |
| IRS990ScheduleL/LoanTable/Default | 0 | false |
| IRS990ScheduleL/LoanTable/LoanToOrganization | 0 | X |
| IRS990ScheduleL/LoanTable/NameBusiness/BusinessNameLine1 | 0 | Logan Porter Enterprises Inc |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 0 | 112132 |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 0 | receivable not loan in regular course of purchasing product |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 0 | false |
| IRS990ScheduleL/TotalBalanceDue | 0 | 112132 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | The Foundation received free office space and administrative support from its Executive Director, who provided his time on a volunteer basis. The Foundations agricultural warehouse facility was rented at below-market rates from a company owned by the Executive Directors family. One board member, Logan Porter IV, has an interest in a company which purchased a portion of the product produced by the Foundations youth agribusiness learning centers. The purchase price was at full market rates paid by unrelated parties. Mr. Porter is planning to phase out these purchases once the Foundations agribusiness youth lab operations are able to sustain themselves financially. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | The receivable of 112,132 reflects the normal terms provided to all product purchasers of the youth pine straw products. The entire amount is due from Logan Porter Enterprises, Inc., and was subsequently paid for after the Foundations year end. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | Form 990 The Foundation received free office space and administrative support from its Executive Director, who provided his time on a volunteer basis. The Foundations agricultural warehouse facility was rented at below-market rates from a company owned by the Executive Directors family. One board member, Logan Porter IV, has an interest in a company which purchased a portion of the product produced by the Foundations youth agribusiness learning centers. The purchase price was at full market rates paid by unrelated parties. Mr. Porter is planning to phase out these purchases once the Foundations agribusiness youth lab operations are able to sustain themselves financially. Form 990 Part X Line 5B The receivable of 112,132 reflects the normal terms provided to all product purchasers of the youth pine straw products. The entire amount is due from Logan Porter Enterprises, Inc., and was subsequently paid for after the Foundations year end. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990 Part X |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | 5B |
| IRS990/ScheduleORequired | 0 | true |
| IRS990/School | 0 | false |
| IRS990/SignificantChange | 0 | false |
| IRS990/SignificantNewProgramServices | 0 | true |
| IRS990/StateLegalDomicile | 0 | NC |
| IRS990/TaxableDistributions | 0 | false |
| IRS990/TaxablePartyNotification | 0 | false |
| IRS990/TaxExemptBonds | 0 | false |
| IRS990/Terminated | 0 | false |
| IRS990/TermOrPermanentEndowments | 0 | false |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 108 Cottonwood Drive |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | Jamestown |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | NC |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 27282 |
| IRS990/TheBooksAreInCareOf/NamePerson | 0 | Logan Porter III |
| IRS990/TheBooksAreInCareOf/TelephoneNumber | 0 | 3365084112 |
| IRS990/TotalAssets/BOY | 0 | 1000 |
| IRS990/TotalAssetsBOY | 0 | 1000 |
| IRS990/TotalAssets/EOY | 0 | 207159 |
| IRS990/TotalAssetsEOY | 0 | 207159 |
| IRS990/TotalCompGT150K | 0 | false |
| IRS990/TotalExpensesCurrentYear | 0 | 6956107 |
| IRS990/TotalFunctionalExpenses/Fundraising | 0 | 0 |
| IRS990/TotalFunctionalExpenses/ManagementAndGeneral | 0 | 91123 |
| IRS990/TotalFunctionalExpenses/ProgramServices | 0 | 6864949 |
| IRS990/TotalFunctionalExpenses/Total | 0 | 6956107 |
| IRS990/TotalFundrsngExpCurrentYear | 0 | 0 |
| IRS990/TotalGrossUBI | 0 | 0 |
| IRS990/TotalLiabilities/BOY | 0 | 0 |
| IRS990/TotalLiabilities/EOY | 0 | 0 |
| IRS990/TotalLiabilitiesEOY | 0 | 0 |
| IRS990/TotalLiabNetAssetsFundBalances/BOY | 0 | 1000 |
| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 207159 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNbrVolunteers | 0 | 5 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 1000 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 207159 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 6864949 |
| IRS990/TotalProgramServiceRevenue | 0 | 6717585 |
| IRS990/TotalRevenueCurrentYear | 0 | 7162266 |
| IRS990/TotalRevenuePriorYear | 0 | 1000 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 6717585 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 7162266 |
| IRS990/TransactionRelatedEntity | 0 | false |
| IRS990/TransfersToExemptNonChrtblOrg | 0 | false |
| IRS990/TravelEntrtnmntPublicOfficials/Total | 0 | 0 |
| IRS990/Travel/ManagementAndGeneral | 0 | 696 |
| IRS990/Travel/Total | 0 | 696 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | false |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 1000 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | 207159 |
| IRS990/UponRequest | 0 | X |
| IRS990/WhistleblowerPolicy | 0 | false |
| IRS990/YearFormation | 0 | 2009 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 270635624 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | Porter Foundation |
| ReturnHeader/Filer/NameControl | 0 | PORT |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 108 Cottonwood Drive |
| ReturnHeader/Filer/USAddress/City | 0 | Jamestown |
| ReturnHeader/Filer/USAddress/State | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 27282 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2012-09-26 |
| ReturnHeader/Officer/Name | 0 | Logan Porter III |
| ReturnHeader/Officer/Title | 0 | Executive Director |
| ReturnHeader/Preparer/DatePrepared | 0 | 2012-09-26 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | Lenz Corp |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 822 N Elm St 104 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | Greensboro |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | NC |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 27401 |
| ReturnHeader/Preparer/Name | 0 | Kenneth Lenz |
| ReturnHeader/Preparer/Phone | 0 | 3362737227 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-12-31 |
| ReturnHeader/TaxYear | 0 | 2011 |
| ReturnHeader/Timestamp | 0 | 2012-09-26T18:19:51-00:00 |
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Displayed year
2011 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.