Civic Intelligence

Fayetteville Area Cultural

EIN 30-0403842 • 501(c)3 • Fayetteville, NC

Profile

We provide college scholarships to deserving students.

3414 Bennet DriveFayetteville, NC 28301-3026
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P30 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

72nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE P30 • <$500k nonprofits • Source year 2025

Net Margin

64th percentile

17%

Higher net margin than 64% of similar nonprofits.

NTEE P30 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE P30 • <$500k nonprofits • Source year 2025

Asset Growth

61st percentile

3.6%

Faster asset growth than 61% of similar nonprofits.

NTEE P30 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

86th percentile

103%

Faster revenue growth than 86% of similar nonprofits.

NTEE P30 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$94,866

Up $94,866 from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$94,866

Up $94,866 from 2023

Operations
Liabilities / Revenue72nd percentileNet Margin64th percentile

Revenue

Up

$36,574

Up $9,709 (+36%) from 2023

Expenses

Up

$33,291

Up $10,736 (+48%) from 2023

Net Income

Down

$3,283

Down $1,027 (-24%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth61st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $61,198Liabilities 2010: $0Net Assets 2010: $61,1982010Assets 2014: $82,567Liabilities 2014: $46,931Net Assets 2014: $35,6362014Assets 2017: $87,540Liabilities 2017: $0Net Assets 2017: $87,5402017Assets 2018: $87,160Liabilities 2018: $0Net Assets 2018: $87,1602018Assets 2019: $86,484Liabilities 2019: $0Net Assets 2019: $86,4842019Assets 2020: $86,290Liabilities 2020: $0Net Assets 2020: $86,2902020Assets 2021: $85,463Liabilities 2021: $0Net Assets 2021: $85,4632021Assets 2022: $88,899Liabilities 2022: $0Net Assets 2022: $88,8992022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $94,866Liabilities 2024: $0Net Assets 2024: $94,8662024

Highlighted filing

2024

Assets$94,866
Liabilities$0
Net Assets$94,866
Open 2024 Filing

Operations Trend

Revenue Growth86th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KExpenses 2010: $14,7672010Revenue 2014: $55,305Expenses 2014: $46,931Net Income 2014: $8,3742014Revenue 2017: $532Expenses 2017: $1,077Net Income 2017: -$5452017Revenue 2018: $510Expenses 2018: $890Net Income 2018: -$3802018Revenue 2019: $5,505Expenses 2019: $6,182Net Income 2019: -$6772019Revenue 2020: $6Expenses 2020: $200Net Income 2020: -$1942020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $40,008Expenses 2022: $38,423Net Income 2022: $1,5852022Revenue 2023: $26,865Expenses 2023: $22,555Net Income 2023: $4,3102023Revenue 2024: $36,574Expenses 2024: $33,291Net Income 2024: $3,2832024

Highlighted filing

2024

Revenue$36,574
Expenses$33,291
Net Income$3,283
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$94,866
Liabilities
$0
Net assets
$94,866
Revenue
$36,574
Expenses
$33,291
Net income
$3,283
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$94.9$0.00$94.9$36.6$33.3$3.28
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$26.9$22.6$4.31
2022Detailed filing. Detailed filing data is available for this year.$88.9$0.00$88.9$40.0$38.4$1.59
2021Detailed filing. Detailed filing data is available for this year.$85.5$0.00$85.5$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$86.3$0.00$86.3$0.01$0.20$0.19
2019Detailed filing. Detailed filing data is available for this year.$86.5$0.00$86.5$5.51$6.18$0.68
2018Detailed filing. Detailed filing data is available for this year.$87.2$0.00$87.2$0.51$0.89$0.38
2017Detailed filing. Detailed filing data is available for this year.$87.5$0.00$87.5$0.53$1.08$0.55
2014Detailed filing. Detailed filing data is available for this year.$82.6$46.9$35.6$55.3$46.9$8.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.2$0.00$61.2$14.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 1, 2025
Return Version
2024v5.0
Gross Receipts
$36,574
Mission and Program Overview

Mission

The organization provides college scholarships to deserving students.

Our mission is to award scholarships to graduating seniors who want to continue their educatiobal pursuits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$60,000$61,729▲ $1,729
Cash and Non-Interest-Bearing Accounts$32,527$33,137▲ $610
Total Assets$92,527$94,866▲ $2,339
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$92,527$94,866▲ $2,339
Net Assets Without Donor Restrictions$92,527$94,866▲ $2,339
Total Net Assets Fund Balance$92,527$94,866▲ $2,339
Total Liabilities and Net Assets / Fund Balance$92,527$94,866▲ $2,339
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Sophia PiercePresident
A PattersonFin Sec
W HumphreySecretary
M MorrowTreasurer
B McclellanVP
Revenue and Support

Revenue Composition

Contributions and Grants
$34,865
Program Service Revenue
$0
Investment Income
$1,709
Other Revenue
$0
Change in Net Assets
$3,283
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,291
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---$5,116
Fees for Services Accounting---$160
Total Functional Expenses$0$0$0$33,291
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cotillion----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Fayetteville Area Cultural
EIN
30-0403842
Phone
9108224642
Address
3414 BENNET DRIVE, FAYETTEVILLE, NC 28301-3026

Signing Officer

Name
Margaret Morrow
Title
Treasurer
Phone
9103916717
Signed
2025-04-01
Discuss with paid preparer
No

Organization Details

Principal Officer
Margaret Morrow
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Dobbins Tax Service
Address
592 PINE TREE LANE, SPRING LAKE, NC 28390
Preparer
Larry Dobbins
Phone
9104970520
Supplemental Narrative

Additional Explanations

Part 1 Line 8

“Interest from cd ($1729.00) and inactivity charge from bank (-$60.00) net amount of $1709.00”

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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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