Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
990EZ • Fiscal year 2020 • EIN 27-4002746
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Up$101,601
Up $54,109 (+114%) from 2015
Net Assets
Up$96,648
Up $50,856 (+111%) from 2015
Liabilities
Up$4,953
Up $3,253 (+191%) from 2015
Revenue
Up$197,378
Up $45,918 (+30%) from 2015
Expenses
Down$94,557
Down $28,183 (-23%) from 2015
Net Income
Up$102,821
Up $74,101 (+258%) from 2015
EDUCATION
| Description | Grants | Expenses |
|---|---|---|
| ONLINE EDUCATIONAL PROGRAMMING, CONNECTED WITH LIFELONG LEARNING AND COLLEGE SCHOLARSHIPS, WITH A REACH SINCE OUR FOUNDING OF MORE THAN 100,000 STUDENTS | - | $28,364 |
| IN-PERSON LEADERSHIP DEVELOPMENT PROGRAMMING, INCLUDING EDUCATIONAL ROUNDTABLES, LIFE-ON-LIFE PROGRAMS, PROJECTS AND SPECIAL EVENTS, AND RELATED PRINT AND ONLINE PUBLICATIONS THAT HAVE PREPARED HUNDREDS OF PARTICIPANTS TO EXCEL IN CIVIC SERVICE. | - | $28,364 |
| DEVELOPMENT OF AGRI-THERAPY FACILITIES AND FARMING PROGRAMS TAILORED FOR THE SPECIAL NEEDS COMMUNITY, PROVIDING OUTREACH AND ENGAGEMENT FOR PEOPLE THROUGH CENTRAL NORTH CAROLINA. | - | $28,364 |
| OTHER EDUCATIONAL EXPERIENCES | - | $9,455 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JAMES P VAN EERDEN | Director | PT | $0 | - | - |
“Corrected program service revenue breakdown and statement. Total gross receipts did not change.”
“Expenses advertising & promotion 950 video production 950 telephone 81 utilities 1,520 office expense 2,601 office supplies 2,316 web service fees 11,354 hosting/url/webmail 2,232 computer expense 437 travel 11,751 insurance 2,890 donations 15,023 internships 10,870 scholarships 1,500 taxes & licenses 250 bank & credit card fees 786 ambassador programs 419 hospitatlity 914 miscellaneous 45 building/venue expense 12,623 total 79,512”
“Prior period adjustment to cash -15,975”
“Construction in progress 0 7,195 total 0 7,195”
“Loan from the cause art fdn 6,733 4,953”
“In-person leadership development programming, including educational roundtables, life-on-life programs, projects and special events, and related print and online publications that have prepared hundreds of participants to excel in civic service.”
“Other educational experiences”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | JAMES P VAN EERDEN |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JAMES P VAN EERDEN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3364273900 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 528 LINDLEY RD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GREENSBORO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27410 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 16535 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 4406 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 193854 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 102821 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 12019 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 16535 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 101601 |
| IRS990EZ/GrossReceiptsAmt | 0 | 197378 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 90000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 9802 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 96648 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 9802 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 96648 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES P VAN EERDEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 7195 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -15975 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 79512 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATION |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 3026 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 3524 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ONLINE EDUCATIONAL PROGRAMMING, CONNECTED WITH LIFELONG LEARNING AND COLLEGE SCHOLARSHIPS, WITH A REACH SINCE OUR FOUNDING OF MORE THAN 100,000 STUDENTS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | IN-PERSON LEADERSHIP DEVELOPMENT PROGRAMMING, INCLUDING EDUCATIONAL ROUNDTABLES, LIFE-ON-LIFE PROGRAMS, PROJECTS AND SPECIAL EVENTS, AND RELATED PRINT AND ONLINE PUBLICATIONS THAT HAVE PREPARED HUNDREDS OF PARTICIPANTS TO EXCEL IN CIVIC SERVICE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | DEVELOPMENT OF AGRI-THERAPY FACILITIES AND FARMING PROGRAMS TAILORED FOR THE SPECIAL NEEDS COMMUNITY, PROVIDING OUTREACH AND ENGAGEMENT FOR PEOPLE THROUGH CENTRAL NORTH CAROLINA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 3 | OTHER EDUCATIONAL EXPERIENCES |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 28364 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 28364 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 28364 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 3 | 9455 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 6733 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 4953 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 94557 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 94547 |
| IRS990EZ/TotalRevenueAmt | 0 | 197378 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FREETHINKU.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 193854 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 52069 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 84570 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 144884 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 171576 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 646953 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 193854 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 52069 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 84570 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 144884 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 171576 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 646953 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 3524 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 3524 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 3524 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 3524 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.99460 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 646953 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 650477 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 197378 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 52069 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 84570 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 144884 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 171576 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 650477 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 193854 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 52069 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 84570 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 144884 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 171576 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 646953 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 650477 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 197378 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 52069 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 84570 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 144884 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 171576 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 650477 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CORRECTED PROGRAM SERVICE REVENUE BREAKDOWN AND STATEMENT. TOTAL GROSS RECEIPTS DID NOT CHANGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES ADVERTISING & PROMOTION 950 VIDEO PRODUCTION 950 TELEPHONE 81 UTILITIES 1,520 OFFICE EXPENSE 2,601 OFFICE SUPPLIES 2,316 WEB SERVICE FEES 11,354 HOSTING/URL/WEBMAIL 2,232 COMPUTER EXPENSE 437 TRAVEL 11,751 INSURANCE 2,890 DONATIONS 15,023 INTERNSHIPS 10,870 SCHOLARSHIPS 1,500 TAXES & LICENSES 250 BANK & CREDIT CARD FEES 786 AMBASSADOR PROGRAMS 419 HOSPITATLITY 914 MISCELLANEOUS 45 BUILDING/VENUE EXPENSE 12,623 TOTAL 79,512 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PRIOR PERIOD ADJUSTMENT TO CASH -15,975 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | CONSTRUCTION IN PROGRESS 0 7,195 TOTAL 0 7,195 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | LOAN FROM THE CAUSE ART FDN 6,733 4,953 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | IN-PERSON LEADERSHIP DEVELOPMENT PROGRAMMING, INCLUDING EDUCATIONAL ROUNDTABLES, LIFE-ON-LIFE PROGRAMS, PROJECTS AND SPECIAL EVENTS, AND RELATED PRINT AND ONLINE PUBLICATIONS THAT HAVE PREPARED HUNDREDS OF PARTICIPANTS TO EXCEL IN CIVIC SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | OTHER EDUCATIONAL EXPERIENCES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, ITEM B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 29 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JAMES P VAN EERDEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3364273900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-01-21 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MAGNALIA HOMESTEAD FOUNDATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | JAMES P VAN EERDEN |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MAGN |
| ReturnHeader/Filer/EIN | 0 | 274002746 |
| ReturnHeader/Filer/PhoneNum | 0 | 3364273900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 559 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | STOKESDALE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27357 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 823116843 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCOTT CORNELIUS CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 211 W LEXINGTON AVE STE 106 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HIGH POINT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 27262 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3368855100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-01-25 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEFF M MCLAURIN |
| ReturnHeader/ReturnTs | 0 | 2022-02-07T10:34:01-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | JAMES P |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | VAN EERDEN |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.