Civic Intelligence

Mount Eagle Foundation

990 • Fiscal year 2016 • EIN 27-5292009

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 20, 2017

Organization Profile
470 W Hanes Mill RoadWinston Salem, NC 27105

(336) 283-5191

Siviq Scores

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

Liabilities / Assets

97th percentile

1.03x

Higher debt load relative to assets than 97% of similar nonprofits.

2016 filings • NTEE J • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

100th percentile

270%

Higher net margin than 100% of similar nonprofits.

2016 filings • NTEE J • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

2016 filings • NTEE J • $1M-$5M nonprofits • Source year 2016

Asset Growth

19th percentile

-3.2%

Faster asset growth than 19% of similar nonprofits.

2016 filings • NTEE J • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$1,867,828

Down $61,790 (-3.2%) from 2015

Net Assets

Down

-$62,851

Down $20,812 (-50%) from 2015

Liabilities

Down

$1,930,679

Down $40,978 (-2.1%) from 2015

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Up

-$7,712

Up $17,526 (+69%) from 2015

Expenses

Up

$13,100

Up $12,575 (+2395%) from 2015

Net Income

Up

-$20,812

Up $4,951 (+19%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$2.0M$1.0M$0-$1.0MAssets 2014: $1,973,407Liabilities 2014: $1,990,965Net Assets 2014: -$17,5582014Assets 2015: $1,929,618Liabilities 2015: $1,971,657Net Assets 2015: -$42,0392015Assets 2016: $1,867,828Liabilities 2016: $1,930,679Net Assets 2016: -$62,8512016Assets 2017: $1,812,840Liabilities 2017: $1,879,027Net Assets 2017: -$66,1872017Assets 2018: $1,761,003Liabilities 2018: $1,659,631Net Assets 2018: $101,3722018Assets 2019: $1,754,055Liabilities 2019: $1,836,868Net Assets 2019: -$82,8132019Assets 2020: $1,694,298Liabilities 2020: $1,787,563Net Assets 2020: -$93,2652020Assets 2021: $1,763,644Liabilities 2021: $85,915Net Assets 2021: $1,677,7292021Assets 2022: $1,762,267Liabilities 2022: $85,915Net Assets 2022: $1,676,3522022Assets 2023: $1,544,780Liabilities 2023: $60,915Net Assets 2023: $1,483,8652023Assets 2024: $1,387,695Liabilities 2024: $43,036Net Assets 2024: $1,344,6592024

Highlighted filing

2016

Assets$1,867,828
Liabilities$1,930,679
Net Assets-$62,851
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: -$7,261Expenses 2014: $15,300Net Income 2014: -$22,5612014Revenue 2015: -$25,238Expenses 2015: $525Net Income 2015: -$25,7632015Revenue 2016: -$7,712Expenses 2016: $13,100Net Income 2016: -$20,8122016Revenue 2017: -$1,816Expenses 2017: $1,520Net Income 2017: -$3,3362017Revenue 2018: $600Expenses 2018: $0Net Income 2018: $6002018Revenue 2019: $1,000Expenses 2019: $52,811Net Income 2019: -$51,8112019Revenue 2020: -$8,209Expenses 2020: $2,243Net Income 2020: -$10,4522020Revenue 2021: $1,778,877Expenses 2021: $7,883Net Income 2021: $1,770,9942021Revenue 2022: $1,500Expenses 2022: $2,877Net Income 2022: -$1,3772022Revenue 2023: -$132,109Expenses 2023: $60,378Net Income 2023: -$192,4872023Revenue 2024: $64,456Expenses 2024: $203,662Net Income 2024: -$139,2062024

Highlighted filing

2016

Revenue-$7,712
Expenses$13,100
Net Income-$20,812
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 20, 2017
Return Version
2016v3.0
Gross Receipts
$97,575
Mission and Program Overview

Mission

see schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,916,667$1,865,397▼ $51,270
Loans From Officers Directors$134,075$134,075→ $0
Prepaid Expenses and Deferred Charges$6,475--
Cash and Non-Interest-Bearing Accounts$4,786$1,261▼ $3,525
Intangible Assets$1,690$1,170▼ $520
Rtn Earn Endowment Incm Other Fnds$-42,039$-62,851▼ $20,812
Total Assets$1,929,618$1,867,828▼ $61,790
Liabilities
Other Liabilities$1,837,582$1,796,604▼ $40,978
Total Liabilities$1,971,657$1,930,679▼ $40,978
Net Assets / Fund Balance
Total Net Assets Fund Balance$-42,039$-62,851▼ $20,812
Total Liabilities and Net Assets / Fund Balance$1,929,618$1,867,828▼ $61,790

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,865,397$134,603$2,000,000
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Jennifer WillardDirector
Timothy P FlavinDirector
Larry JohnsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,425
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-17,137
All Other Contributions
$9,425
Change in Net Assets
$-20,812
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,100
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$12,500--$12,500
Fees for Services Accounting-$600-$600
Total Functional Expenses$12,500$600$0$13,100
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$134,075$134,075→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$1,796,604
Note Payable HPU-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Organizations Process is to review form 990. Form 990 is reviewed by the Board of Directors an the next meeting after the completion of the 990.”

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

“Enforcement of comflicts policy- Board conflicts of interest are identified annually and, if required, are cleared immediately after identification per by-laws of the organization”

Form 990, Part VI, Section C, Line 19

“Governing documents disclose explanation -Governing documents are kept on file at the organizationss main office and are made available upon request”

Filing and Contact Details

Filer

Filer Name
Mount Eagle Foundation
EIN
27-5292009
Phone
3362835191
Address
470 W Hanes Mill Road, Winston Salem, NC 27105

Signing Officer

Name
Larry Johns
Title
Treasurer
Phone
3369978601
Signed
2017-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Johns
Formed
2011
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
5

Preparer

Firm
Preston Sims & Darden PA
Address
3410 Healy Drive Ste 201-K, WinstonSalem, NC 27103
Preparer
Mark T Preston
Phone
3367940662
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

“To empower students, faculty and trhe underserved community to reach teir academic, professional and self-sufficiency goals through community programs, schlolarship support, career and acedemic counceling, workforce and professional development training.”

Form 990, Part I, Line 6

“All persons performing duties for the organization work on a volunteer basis. The administrative functions and eventuall grant writing and fundraising activities will be performed by volunteers.”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0To empower students, faculty and trhe underserved community to reach teir academic, professional and self-sufficiency goals through community programs, schlolarship support, career and acedemic counceling, workforce and professional development training.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All persons performing duties for the organization work on a volunteer basis. The administrative functions and eventuall grant writing and fundraising activities will be performed by volunteers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Organizations Process is to review form 990. Form 990 is reviewed by the Board of Directors an the next meeting after the completion of the 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Enforcement of comflicts policy- Board conflicts of interest are identified annually and, if required, are cleared immediately after identification per by-laws of the organization
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents disclose explanation -Governing documents are kept on file at the organizationss main office and are made available upon request
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part I, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
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IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Larry Johns
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03369978601
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mount Eagle Foundation
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0275292009
ReturnHeader/Filer/PhoneNum03362835191
ReturnHeader/Filer/USAddress/AddressLine1Txt0470 W Hanes Mill Road
ReturnHeader/Filer/USAddress/CityNm0Winston Salem
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027105
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04C0E684699A9C9FF1CAE2109C6833069264A3A31
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04C0E684699A9C9FF1CAE2109C6833069264A3A31
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0104.138.221.233
ReturnHeader/FilingSecurityInformation/IPDt02017-10-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm019:37:20
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Preston Sims & Darden PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03410 Healy Drive Ste 201-K
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WinstonSalem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027103
ReturnHeader/PreparerPersonGrp/PhoneNum03367940662
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark T Preston
ReturnHeader/ReturnTs02017-10-20T03:37:53-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,867,828
Liabilities
$1,930,679
Net assets
-$62,851
Revenue
-$7,712
Expenses
$13,100
Net income
-$20,812
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.39$0.04$1.34$0.06$0.20$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.54$0.06$1.48$0.13$0.06$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.09$1.68$0.00$0.00$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.09$1.68$1.78$0.01$1.77
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$1.79$0.09$0.01$0.00$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$1.84$0.08$0.00$0.05$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$1.66$0.10$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$1.88$0.07$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.87$1.93$0.06$0.01$0.01$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$1.97$0.04$0.03$0.00$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.97$1.99$0.02$0.01$0.02$0.02