Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Porter Foundation
990 • Fiscal year 2015 • EIN 27-0635624
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.20x
Liabilities / Revenue
18th percentile
Higher debt load relative to revenue than 18% of similar nonprofits.
Net Margin
70th percentile
Higher net margin than 70% of similar nonprofits.
Top Officer Pay
12th percentile
Higher top officer pay than 12% of similar nonprofits.
Top officer pay equals 0.2% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Balance Sheet
Assets
Up$3,051,286
Up $1,085,107 (+55%) from 2014
Net Assets
Up$2,445,409
Up $1,087,619 (+80%) from 2014
Liabilities
Down$605,877
Down $2,512 (-0.4%) from 2014
Revenue And Expenses
Revenue
Down$10,191,150
Down $695,634 (-6.4%) from 2014
Expenses
Down$9,103,531
Down $695,410 (-7.1%) from 2014
Net Income
Down$1,087,619
Down $224 (-0.0%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Aug 14, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $10,191,150
Mission and Program Overview
Mission
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.
The Foundations two-fold mission is to protect and nurture the environment, particularly endangered species of pine trees, while teaching disadvantaged young adults how to create jobs and become agribusiness entrepreneurs, caring for the environment in a sustainable way.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Inventories for Sale or Use | $372,915 | $1,517,676 | ▲ $1,144,761 |
| Accounts Receivable | $912,054 | $893,737 | ▼ $18,317 |
| Cash and Non-Interest-Bearing Accounts | $650,103 | $639,873 | ▼ $10,230 |
| Savings and Temporary Cash Investments | $31,107 | - | - |
| Total Assets | $1,966,179 | $3,051,286 | ▲ $1,085,107 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $608,389 | $605,877 | ▼ $2,512 |
| Total Liabilities | $608,389 | $605,877 | ▼ $2,512 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $1,357,790 | $2,445,409 | ▲ $1,087,619 |
| Total Net Assets Fund Balance | $1,357,790 | $2,445,409 | ▲ $1,087,619 |
| Total Liabilities and Net Assets / Fund Balance | $1,966,179 | $3,051,286 | ▲ $1,085,107 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Francis Logan Porter III | Executive Director | FT | $15,600 | $15,600 |
Board Members and Trustees
| Name | Title |
|---|---|
| Cam Tally | Trustee |
| Doris Porter | Trustee |
| Francis Logan Porter IV | Trustee |
| Jim Bray | Trustee |
| Tim Bret | Trustee |
Highest Paid Contractors
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Carolina Pine Straw LLC | minority labor svc | 30160 Lobby Lolly Court, Wagram, NC 28396 | $1,022,902 |
| Marlene Landscaping Corporation | land rentalpreser | 8401 Countryside Drive Apt 3, Charlotte, NC 28213 | $718,589 |
| WEH Trucking LLC | transport | 1252 Sutton Trail, Geneva, FL 32732 | $362,578 |
| Omega Pine Straw | rural labor svcs | 188 Omega Ellenton Road, Omega, GA 31775 | $284,119 |
| JRP Pine Straw LLC | rural poor labor | 16788 120 St, Live Oak, FL 32060 | $255,660 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $10,191,150
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $1,087,619
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $8,141,608 |
| Salaries, Compensation, and Employee Benefits | $961,923 |
| Total Fundraising Expense | $93,781 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $816,675 | $39,040 | $23,461 | $879,176 |
| All Other Expenses | $327,541 | $31,002 | $2,196 | $360,739 |
| Other Expenses | $307,964 | $17,811 | $17,811 | $307,964 |
| Fees for Services Management | $87,390 | $29,130 | $29,130 | $145,650 |
| Payroll Taxes | $33,573 | $16,787 | $16,787 | $67,147 |
| Current Officers, Directors, Trustees, and Key Employees | $9,360 | $3,120 | $3,120 | $15,600 |
| Travel | $10,000 | - | - | $10,000 |
| Occupancy | $6,000 | $1,276 | $1,276 | $8,552 |
| Fees for Services Accounting | - | $600 | - | $600 |
| Total Functional Expenses | $8,870,984 | $138,766 | $93,781 | $9,103,531 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Logan Porter IV | officer in management company | management company services | No | - |
| Logan Porter IV | owner of Banner Trucking LLC | Banner hauls & buys from Foundation | No | - |
| Logan Porter Sr Jr Doris Porter | minority owners in FLP Ptrs LLC | - | No | - |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Backup withholding compliance
- Yes
- 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
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- Yes
Governance Explanations
Officer directors etc family relationship Part VI line 2
“The Executive Director is related to two directors, Doris Porter and Logan Porter IV. They are each minority owners in an LLC which owns the warehouse and rents it to the Foundation at below market rates.In addition, Logan Porter IV owns both Executive Management Consulting Services LLC (which provides management services to the Foundation) and Banner Trucking LLC (a new company providing hauling services and which purchases agricultural products from the Foundation).”
Management duties delegation Part VI line 3
“The Foundation contracts for management services with Executive Management Consulting Services LLC to keep costs down.”
Form 990 governing body review Part VI line 11
“The majority of trustees are independent. They apply the written Conflict of Interest policy regarding all transactions with any member of the Porter family (the family which donated the Foundations initial assets).”
Conflict of interest policy compliance Part VI line 12C
“All Trustees who have any personal financial interest, either direct or indirect, are required to recuse themselves from voting, which they have throughout this past year. The independent Trustees determine all conflict of interest policy compliance, and serve as a defacto conflict of interest committee.”
CEO executive director top management comp Part VI line 15A
“The Executive Directors compensation was determined by talking with other area non-profits. However, the Executive Director has stated he does not want to be compensated at the prevailing rate, so the Board of Directors reduced his pay to the requested amount, which is far below comparable non-profits.”
Other officer or key employee compensation Part VI line 15B
“As noted in an earlier Schedule O entry, one of the Trustees, Logan Porter IV, works for the management firm the Foundation contracts with to manage daily operations.”
Governing documents etc available to public Part VI line 19
“Like most non-profits, the Foundations 990 form is available on Guidestar.”
Filing and Contact Details
Filer
- Filer Name
- Porter Foundation
- EIN
- 27-0635624
- Address
- 108 Cottonwood Drive, Jamestown, NC 27282
Signing Officer
- Name
- Francis Logan Porter III
- Title
- Executive Direc
- Signed
- 2016-08-14
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Francis Logan Porter III
- Formed
- 2009
- Legal Domicile
- Nc
- Voting Board Members
- 5
- Independent Board Members
- 3
- Employees
- 30
- Volunteers
- 6
Preparer
- Firm
- Kenneth R Lenz CPA
- Address
- PO Box 98, Pleasant Garden, NC 27313
- Preparer
- Kenneth Lenz
- Phone
- 3364574056
Raw XML AppendixShowing 400 of 401 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Desc | 0 | Agribusiness entrepreneurship training. During this year the Foundation hired a fulltime director of training programs, which has enabled the Foundation to greatly expand its training programs and to help an older age bracket, particularly among minorities. New training successes include work with boy scout troops, Vietnamese refugees, farmer and timber groups throughout North Carolina with plans to expand offerings to neighboring states next year. Also, we are beginning to offer education and coaching to teach potential new agribusiness entrepreneurs how to diversity to several services and product lines which can create more jobs among minority, younger, and disadvantaged people in both rural and urban areas. |
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| IRS990/OtherExpensesGrp/TotalAmt | 3 | 307964 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 23461 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 39040 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 816675 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 879176 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 16787 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 16787 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 33573 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 67147 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | Francis Logan Porter III |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 110000 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 110000 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | entrepreneurship traing |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Tree preservation |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5095575 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 5095575 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 5095575 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 5095575 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Tree preservation efforts. We have emphasized helping Hispanics while working with land owners in several states to preserve long leaf pine trees. Our initial efforts have included both educational efforts with some landowners plus leasing land to prevent development which would harm or destroy pine forests. However, we are beginning to supplement these efforts with discussions about conservation easements to provide more permanent preservation of pristine pine forest land. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 4387123 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 5095574 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Social responsibility projects.The Foundation has been exploring opportunities to work with a wider range of organizations to jointly bring self-employment opportunities and appreciation for preserving the environment to an ever-broader number of people. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 93985 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 9117620 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 10191149 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 178753 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 894776 |
| IRS990/PYTotalExpensesAmt | 0 | 10012396 |
| IRS990/PYTotalRevenueAmt | 0 | 10191149 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1087619 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| 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/RevenueAmt | 0 | 5095575 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 31107 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 10191149 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 10886784 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 9808037 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 8747900 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt | 0 | 6717585 |
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| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 10886784 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 9808037 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 8747900 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 10886784 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 9808037 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 8747900 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 6717585 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 46351455 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 0 | Logan Porter IV |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 1 | Logan Porter IV |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm | 2 | Logan Porter Sr Jr Doris Porter |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 0 | officer in management company |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 1 | owner of Banner Trucking LLC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt | 2 | minority owners in FLP Ptrs LLC |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 0 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 1 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd | 2 | false |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 0 | management company services |
| IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc | 1 | Banner hauls & buys from Foundation |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Executive Director is related to two directors, Doris Porter and Logan Porter IV. They are each minority owners in an LLC which owns the warehouse and rents it to the Foundation at below market rates.In addition, Logan Porter IV owns both Executive Management Consulting Services LLC (which provides management services to the Foundation) and Banner Trucking LLC (a new company providing hauling services and which purchases agricultural products from the Foundation). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Foundation contracts for management services with Executive Management Consulting Services LLC to keep costs down. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The majority of trustees are independent. They apply the written Conflict of Interest policy regarding all transactions with any member of the Porter family (the family which donated the Foundations initial assets). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | All Trustees who have any personal financial interest, either direct or indirect, are required to recuse themselves from voting, which they have throughout this past year. The independent Trustees determine all conflict of interest policy compliance, and serve as a defacto conflict of interest committee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Executive Directors compensation was determined by talking with other area non-profits. However, the Executive Director has stated he does not want to be compensated at the prevailing rate, so the Board of Directors reduced his pay to the requested amount, which is far below comparable non-profits. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | As noted in an earlier Schedule O entry, one of the Trustees, Logan Porter IV, works for the management firm the Foundation contracts with to manage daily operations. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Like most non-profits, the Foundations 990 form is available on Guidestar. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Officer directors etc family relationship Part VI line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Management duties delegation Part VI line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other officer or key employee compensation Part VI line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Governing documents etc available to public Part VI line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1966179 |
| IRS990/TotalAssetsEOYAmt | 0 | 3051286 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1966179 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 3051286 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalEmployeeCnt | 0 | 30 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 93781 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 138766 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 8870984 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 9103531 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 608389 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 605877 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 608389 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 605877 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 1357790 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2445409 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 8870984 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 10191150 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 15600 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 10191150 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 10191150 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 6 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1966179 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 3051286 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 10000 |
| IRS990/TravelGrp/TotalAmt | 0 | 10000 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 1357790 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 2445409 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 608389 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 605877 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2016-12-15 16:53:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Francis Logan Porter III |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Executive Direc |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-08-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Porter Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | PORT |
| ReturnHeader/Filer/EIN | 0 | 270635624 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 108 Cottonwood Drive |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Jamestown |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27282 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Kenneth R Lenz CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO Box 98 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Pleasant Garden |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27313 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3364574056 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-08-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Kenneth Lenz |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2016-08-14T22:12:43-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $3,051,286
- Liabilities
- $605,877
- Net assets
- $2,445,409
- Revenue
- $10,191,150
- Expenses
- $9,103,531
- Net income
- $1,087,619