Civic Intelligence

Power Foundation Inc.

990 • Fiscal year 2018 • EIN 27-3284156

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 19, 2019

Organization Profile
106 Assembly DrPiedmont, SC 29673

(864) 676-2171

Siviq Scores

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

Liabilities / Assets

81st percentile

0.51x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

1.17x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

39th percentile

-0.2%

Higher net margin than 39% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

40th percentile

$29,416

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

68th percentile

7.3%

Faster asset growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

8.6%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$2,375,741

Up $162,341 (+7.3%) from 2017

Net Assets

Down

$1,169,341

Down $1,703 (-0.1%) from 2017

Liabilities

Up

$1,206,400

Up $164,044 (+16%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin39th percentile

Revenue

Up

$1,028,130

Up $81,462 (+8.6%) from 2017

Expenses

Up

$1,029,833

Up $40,083 (+4.0%) from 2017

Net Income

Up

-$1,703

Up $41,379 (+96%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$3.0M$2.0M$1.0M$0Assets 2013: $564,071Liabilities 2013: $381,057Net Assets 2013: $183,0142013Assets 2014: $1,049,847Liabilities 2014: $520,961Net Assets 2014: $528,8862014Assets 2015: $2,120,439Liabilities 2015: $803,696Net Assets 2015: $1,316,7432015Assets 2016: $2,336,520Liabilities 2016: $1,122,394Net Assets 2016: $1,214,1262016Assets 2017: $2,213,400Liabilities 2017: $1,042,356Net Assets 2017: $1,171,0442017Assets 2018: $2,375,741Liabilities 2018: $1,206,400Net Assets 2018: $1,169,3412018Assets 2019: $2,503,035Liabilities 2019: $1,157,947Net Assets 2019: $1,345,0882019Assets 2020: $2,390,195Liabilities 2020: $288,685Net Assets 2020: $2,101,5102020Assets 2021: $2,773,175Liabilities 2021: $107,972Net Assets 2021: $2,665,2032021Assets 2022: $2,667,749Liabilities 2022: $4,677Net Assets 2022: $2,663,0722022Assets 2023: $2,581,863Liabilities 2023: $21,404Net Assets 2023: $2,560,4592023Assets 2024: $2,620,811Liabilities 2024: $26,604Net Assets 2024: $2,594,2072024

Highlighted filing

2018

Assets$2,375,741
Liabilities$1,206,400
Net Assets$1,169,341
Open 2018 Filing

Operations Trend

Revenue Growth60th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $356,165Expenses 2013: $374,793Net Income 2013: -$18,6282013Revenue 2014: $785,445Expenses 2014: $439,570Net Income 2014: $345,8752014Revenue 2015: $1,521,181Expenses 2015: $732,667Net Income 2015: $788,5142015Revenue 2016: $854,434Expenses 2016: $957,051Net Income 2016: -$102,6172016Revenue 2017: $946,668Expenses 2017: $989,750Net Income 2017: -$43,0822017Revenue 2018: $1,028,130Expenses 2018: $1,029,833Net Income 2018: -$1,7032018Revenue 2019: $1,211,021Expenses 2019: $1,067,736Net Income 2019: $143,2852019Revenue 2020: $1,926,173Expenses 2020: $1,169,751Net Income 2020: $756,4222020Revenue 2021: $1,686,399Expenses 2021: $1,172,906Net Income 2021: $513,4932021Revenue 2022: $1,287,874Expenses 2022: $1,290,005Net Income 2022: -$2,1312022Revenue 2023: $1,176,097Expenses 2023: $1,278,710Net Income 2023: -$102,6132023Revenue 2024: $1,203,850Expenses 2024: $1,168,901Net Income 2024: $34,9492024

Highlighted filing

2018

Revenue$1,028,130
Expenses$1,029,833
Net Income-$1,703
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 19, 2019
Return Version
2018v3.1
Gross Receipts
$1,028,130
Mission and Program Overview

Mission

Supporting the development and sustainment of Christian radio broadcasting. The organizaion has constructed a network of radio stations to broadcast Christian content under the name The Life FM.

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$1,404,826$1,569,826▲ $165,000
Land, Buildings, and Equipment, Net$709,083$723,483▲ $14,400
Accounts Receivable$35,750$46,010▲ $10,260
Cash and Non-Interest-Bearing Accounts$60,639$33,320▼ $27,319
Total Assets$2,213,400$2,375,741▲ $162,341
Other Assets Total$3,102$3,102→ $0
Liabilities
Unsecured Notes Loans Payable$785,857$979,757▲ $193,900
Mortgage Notes Payable Secured by Investment Property$194,617$134,105▼ $60,512
Accounts Payable and Accrued Expenses$61,882$92,538▲ $30,656
Total Liabilities$1,042,356$1,206,400▲ $164,044
Net Assets / Fund Balance
Unrestricted Net Assets$1,171,044$1,169,341▼ $1,703
Total Net Assets Fund Balance$1,171,044$1,169,341▼ $1,703
Total Liabilities and Net Assets / Fund Balance$2,213,400$2,375,741▲ $162,341

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$383,263$463,808$847,071
Buildings$218,346$46,127$264,473
Land$119,000-$119,000
Leasehold Improvements$2,874$771$3,645
Other Assets Org$3,102--
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth K McClureDirectorFT$29,416$29,416

Board Members and Trustees

NameTitle
John R McClure JrPresident
Christopher DavisDirector
Eric WoodDirector
Carolyn L RobinsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$566,365
Program Service Revenue
$461,743
Investment Income
$22
Other Revenue
$0
All Other Contributions
$566,365
Change in Net Assets
$-1,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$765,576
Salaries, Compensation, and Employee Benefits$264,157
Grants and Similar Amounts Paid$100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$321,906--$321,906
Other Salaries and Wages$221,180--$221,180
Information Technology$80,002--$80,002
Advertising$76,009--$76,009
Depreciation Depletion$70,975--$70,975
Fees for Services Other$69,242--$69,242
Occupancy$60,066--$60,066
Interest$35,767--$35,767
Current Officers, Directors, Trustees, and Key Employees$29,416--$29,416
Office Expenses$26,312--$26,312
Payroll Taxes$13,561--$13,561
Insurance$10,876--$10,876
Fees for Services Legal$8,582$2,000-$10,582
Travel$2,839--$2,839
Fees for Services Accounting$200$800-$1,000
Grants to Domestic Orgs$100--$100
Total Functional Expenses$1,027,033$2,800$0$1,029,833
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

“John R. McClure, Jr. and Elizabeth K. McClure are married. John R. McClure, Jr. and Carolyn L. Robinson are siblings.”

Form 990 governing body review Part VI line 11

“The tax return is reviewed prior to submission.”

CEO executive director top management comp Part VI line 15A

“The Board determines officer compensation and benefits package annually.”

Other officer or key employee compensation Part VI line 15B

“The Board determines officer compensation and benefits package annually.”

Governing documents etc available to public Part VI line 19

“The income tax return is made available to the public.”

Filing and Contact Details

Filer

Filer Name
The Power Foundation
EIN
27-3284156
Address
106 Assembly Dr, Piedmont, SC 29673

Signing Officer

Name
John R McClure JR
Title
President
Signed
2019-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John R McClure Jr
Formed
2010
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
3
Employees
7

Preparer

Firm
Cheryl L Borum CPA PA
Address
862 S Pleasantburg Dr Ste E, Greenville, SC 29607
Preparer
Cheryl L Borum
Phone
8642335070
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Fees paid for network contract services = 86,324”

Raw XML Appendix384 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt061882
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt092538
IRS990/AccountsReceivableGrp/BOYAmt035750
IRS990/AccountsReceivableGrp/EOYAmt046010
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Supporting the development and sustainment of Christian radio broadcasting. The organizaion has constructed a network of radio stations to broadcast Christian content under the name The Life FM.
IRS990/AdvertisingGrp/ProgramServicesAmt076009
IRS990/AdvertisingGrp/TotalAmt076009
IRS990/AllOtherContributionsAmt0566365
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0John R McClure Jr
IRS990/BooksInCareOfDetail/PhoneNum08646762171
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07 Woodsmoke Ct
IRS990/BooksInCareOfDetail/USAddress/CityNm0Greenville
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029607
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt060639
IRS990/CashNonInterestBearingGrp/EOYAmt033320
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt029416
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt029416
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0566365
IRS990/CYGrantsAndSimilarPaidAmt0100
IRS990/CYInvestmentIncomeAmt022
IRS990/CYOtherExpensesAmt0765576
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0461743
IRS990/CYRevenuesLessExpensesAmt0-1703
IRS990/CYSalariesCompEmpBnftPaidAmt0264157
IRS990/CYTotalExpensesAmt01029833
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01028130
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt070975
IRS990/DepreciationDepletionGrp/TotalAmt070975
IRS990/Desc0Supporting the development and sustainment of Christain radio broadcasting. The organizataion has constructed a network of radio stations that broadcast Christian content under the name The Life FM.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01027033
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0800
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0200
IRS990/FeesForServicesAccountingGrp/TotalAmt01000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt08582
IRS990/FeesForServicesLegalGrp/TotalAmt010582
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt069242
IRS990/FeesForServicesOtherGrp/TotalAmt069242
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Elizabeth K McClure
IRS990/Form990PartVIISectionAGrp/PersonNm1Eric Wood
IRS990/Form990PartVIISectionAGrp/PersonNm2Christopher Davis
IRS990/Form990PartVIISectionAGrp/PersonNm3John R McClure Jr
IRS990/Form990PartVIISectionAGrp/PersonNm4Carolyn L Robinson
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt029416
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0100
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01028130
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt080002
IRS990/InformationTechnologyGrp/TotalAmt080002
IRS990/InsuranceGrp/ProgramServicesAmt010876
IRS990/InsuranceGrp/TotalAmt010876
IRS990/IntangibleAssetsGrp/BOYAmt01404826
IRS990/IntangibleAssetsGrp/EOYAmt01569826
IRS990/InterestGrp/ProgramServicesAmt035767
IRS990/InterestGrp/TotalAmt035767
IRS990/InvestmentIncomeGrp/ExclusionAmt022
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt022
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0510706
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0709083
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0723483
IRS990/LandBldgEquipCostOrOtherBssAmt01234189
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Supporting the development and sustainment of Christian radio broadcasting. The organizaion has constructed a network of radio stations to broadcast Christian content under the name The Life FM.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0194617
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0134105
IRS990/NetAssetsOrFundBalancesBOYAmt01171044
IRS990/NetAssetsOrFundBalancesEOYAmt01169341
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt010000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt060066
IRS990/OccupancyGrp/TotalAmt060066
IRS990/OfficeExpensesGrp/ProgramServicesAmt026312
IRS990/OfficeExpensesGrp/TotalAmt026312
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03102
IRS990/OtherAssetsTotalGrp/EOYAmt03102
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Network station operations
IRS990/OtherExpensesGrp/ProgramServicesAmt0321906
IRS990/OtherExpensesGrp/TotalAmt0321906
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0221180
IRS990/OtherSalariesAndWagesGrp/TotalAmt0221180
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt013561
IRS990/PayrollTaxesGrp/TotalAmt013561
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0John R McClure Jr
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0515100
IRS990/ProgramServiceRevenueGrp/Desc0Program sponsor
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0461743
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0461743
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0485108
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0555
IRS990/PYInvestmentIncomeAmt0151
IRS990/PYOtherExpensesAmt0725346
IRS990/PYProgramServiceRevenueAmt0461409
IRS990/PYRevenuesLessExpensesAmt0-43082
IRS990/PYSalariesCompEmpBnftPaidAmt0263849
IRS990/PYTotalExpensesAmt0989750
IRS990/PYTotalRevenueAmt0946668
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1703
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0461743
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0566365
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0485108
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0314830
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0335615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0421722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02123640
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0151
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0173
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0461743
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0461409
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0539603
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0386566
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0288723
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt02138044
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0173
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04261684
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01028108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0946517
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0854433
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0722181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0710445
IRS990ScheduleA/Total509Grp/TotalAmt04261684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01028130
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0946668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0854433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0722181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0710445
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04261857
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0218346
IRS990ScheduleD/BuildingsGrp/DepreciationAmt046127
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0264473
IRS990ScheduleD/EquipmentGrp/BookValueAmt0383263
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0463808
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0847071
IRS990ScheduleD/LandGrp/BookValueAmt0119000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0119000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt02874
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0771
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt03645
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03102
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0security deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0723483
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03102
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0John R. McClure, Jr. and Elizabeth K. McClure are married. John R. McClure, Jr. and Carolyn L. Robinson are siblings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax return is reviewed prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board determines officer compensation and benefits package annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board determines officer compensation and benefits package annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The income tax return is made available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Fees paid for network contract services = 86,324
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02213400
IRS990/TotalAssetsEOYAmt02375741
IRS990/TotalAssetsGrp/BOYAmt02213400
IRS990/TotalAssetsGrp/EOYAmt02375741
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0566365
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02800
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01027033
IRS990/TotalFunctionalExpensesGrp/TotalAmt01029833
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01042356
IRS990/TotalLiabilitiesEOYAmt01206400
IRS990/TotalLiabilitiesGrp/BOYAmt01042356
IRS990/TotalLiabilitiesGrp/EOYAmt01206400
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01171044
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01169341
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01027033
IRS990/TotalProgramServiceRevenueAmt0461743
IRS990/TotalReportableCompFromOrgAmt029416
IRS990/TotalRevenueGrp/ExclusionAmt022
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0461743
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01028130
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02213400
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02375741
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02839
IRS990/TravelGrp/TotalAmt02839
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01171044
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01169341
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0785857
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0979757
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07 Woodsmoke Ct
IRS990/USAddress/CityNm0Greenville
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029607
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0John R McClure JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Power Foundation
ReturnHeader/Filer/BusinessNameControlTxt0POWE
ReturnHeader/Filer/EIN0273284156
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 Assembly Dr
ReturnHeader/Filer/USAddress/CityNm0Piedmont
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029673
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B55D18975C7BF9ABD4AF330DC7BA69E7AF8F6FC1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B55D18975C7BF9ABD4AF330DC7BA69E7AF8F6FC1
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05756482019175pe5piot
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-06-24
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.85.112.13
ReturnHeader/FilingSecurityInformation/IPDt02019-06-24
ReturnHeader/FilingSecurityInformation/IPTm013:40:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571095870
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cheryl L Borum CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0862 S Pleasantburg Dr Ste E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Greenville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029607
ReturnHeader/PreparerPersonGrp/PhoneNum08642335070
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cheryl L Borum
ReturnHeader/ReturnTs02019-06-24T08:45:18-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,375,741
Liabilities
$1,206,400
Net assets
$1,169,341
Revenue
$1,028,130
Expenses
$1,029,833
Net income
-$1,703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.03$2.59$1.20$1.17$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.58$0.02$2.56$1.18$1.28$0.10
2022Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.66$1.29$1.29$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.77$0.11$2.67$1.69$1.17$0.51
2020Detailed filing. Detailed filing data is available for this year.$2.39$0.29$2.10$1.93$1.17$0.76
2019Detailed filing. Detailed filing data is available for this year.$2.50$1.16$1.35$1.21$1.07$0.14
2018Detailed filing. Detailed filing data is available for this year.$2.38$1.21$1.17$1.03$1.03$0.00
2017Detailed filing. Detailed filing data is available for this year.$2.21$1.04$1.17$0.95$0.99$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.34$1.12$1.21$0.85$0.96$0.10
2015Detailed filing. Detailed filing data is available for this year.$2.12$0.80$1.32$1.52$0.73$0.79
2014Detailed filing. Detailed filing data is available for this year.$1.05$0.52$0.53$0.79$0.44$0.35
2013Detailed filing. Detailed filing data is available for this year.$0.56$0.38$0.18$0.36$0.37$0.02