Civic Intelligence

The Sequoyah Fund Inc

990 • Fiscal year 2019 • EIN 31-1619784

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 25, 2020

Organization ProfileWWW.SEQUOYAHFUND.ORG

View Organization Page

PO Box 1200Cherokee, NC 28719

(828) 359-5003

Siviq Scores

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

Liabilities / Assets

39th percentile

0.12x

Higher debt load relative to assets than 39% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.52x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$145,526

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Asset Growth

79th percentile

11%

Faster asset growth than 79% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

13%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$8,029,861

Up $778,644 (+11%) from 2018

Net Assets

Up

$7,098,984

Up $822,600 (+13%) from 2018

Liabilities

Down

$930,877

Down $43,956 (-4.5%) from 2018

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin88th percentile

Revenue

Up

$1,776,825

Up $201,446 (+13%) from 2018

Expenses

Up

$954,225

Up $22,715 (+2.4%) from 2018

Net Income

Up

$822,600

Up $178,731 (+28%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$15M$10M$5.0M$0Assets 2015: $6,399,850Liabilities 2015: $1,114,540Net Assets 2015: $5,285,3102015Assets 2016: $6,827,499Liabilities 2016: $1,144,956Net Assets 2016: $5,682,5432016Assets 2017: $6,662,143Liabilities 2017: $1,039,356Net Assets 2017: $5,622,7872017Assets 2018: $7,251,217Liabilities 2018: $974,833Net Assets 2018: $6,276,3842018Assets 2019: $8,029,861Liabilities 2019: $930,877Net Assets 2019: $7,098,9842019Assets 2021: $11,859,875Liabilities 2021: $1,819,441Net Assets 2021: $10,040,4342021Assets 2024: $14,705,671Liabilities 2024: $990,608Net Assets 2024: $13,715,0632024

Highlighted filing

2019

Assets$8,029,861
Liabilities$930,877
Net Assets$7,098,984
Open 2019 Filing

Operations Trend

Revenue Growth64th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $1,552,224Expenses 2015: $1,197,816Net Income 2015: $354,4082015Revenue 2016: $1,038,574Expenses 2016: $641,341Net Income 2016: $397,2332016Revenue 2017: $847,774Expenses 2017: $907,530Net Income 2017: -$59,7562017Revenue 2018: $1,575,379Expenses 2018: $931,510Net Income 2018: $643,8692018Revenue 2019: $1,776,825Expenses 2019: $954,225Net Income 2019: $822,6002019Revenue 2021: $2,285,697Expenses 2021: $787,716Net Income 2021: $1,497,9812021Revenue 2024: $4,920,415Expenses 2024: $1,598,257Net Income 2024: $3,322,1582024

Highlighted filing

2019

Revenue$1,776,825
Expenses$954,225
Net Income$822,600
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 25, 2020
Return Version
2019v5.0
Gross Receipts
$1,776,825
Mission and Program Overview

Mission

The organization serves economic and social improvement of the eastern band of cherokee indians.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,350,016$4,765,934▲ $415,918
Cash and Non-Interest-Bearing Accounts$2,351,243$2,389,353▲ $38,110
Savings and Temporary Cash Investments$401,026$406,976▲ $5,950
Accounts Receivable$60,954$346,997▲ $286,043
Receivable From Disqualified Prsn$10,504$66,672▲ $56,168
Receivables From Officers Etc$38,803$32,175▼ $6,628
Land, Buildings, and Equipment, Net$15,591$10,999▼ $4,592
Intangible Assets$9,461$8,005▼ $1,456
Pledges and Grants Receivable$7,000--
Other Notes and Loans Receivable, Net$4,569--
Inventories for Sale or Use$2,050$2,750▲ $700
Total Assets$7,251,217$8,029,861▲ $778,644
Liabilities
Mortgage Notes Payable Secured by Investment Property$875,613$835,604▼ $40,009
Other Liabilities$52,232$71,307▲ $19,075
Accounts Payable and Accrued Expenses$46,988$23,966▼ $23,022
Total Liabilities$974,833$930,877▼ $43,956
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,170,014$5,374,442▲ $1,204,428
Net Assets With Donor Restrictions$2,106,370$1,724,542▼ $381,828
Total Net Assets Fund Balance$6,276,384$7,098,984▲ $822,600
Total Liabilities and Net Assets / Fund Balance$7,251,217$8,029,861▲ $778,644

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,999$126,664$137,663
Investment Program Related Org$4,765,934--
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Russ SeagleExecutive DiFT$124,950$20,576$145,526
Emily BreedloveTreasurer-$7,725-$7,725
John L BurgessPresident-$6,450-$6,450
Nancy MartinBoard Member-$6,450-$6,450
Brad LettsBoard Member-$6,300-$6,300
Yona WadeVice Preside-$6,100-$6,100
Tonya CarrollSecretary-$6,040-$6,040
Eddie SwimmerBoard Member-$6,000-$6,000
Jimmy BurnsBoard Member-$6,000-$6,000
Michell HicksBoard Member-$6,000-$6,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,381,875
Program Service Revenue
$384,284
Investment Income
$450
Other Revenue
$10,216
All Other Contributions
$506,875
Change in Net Assets
$822,600

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,764,080
Revenue Not Reported on Financial Statements
$12,745
Revenue Not Reported on Form 990
$6,000
Other Revenue Adjustments
$12,745
Total Revenue per Audited Statements
$1,770,080
Total Revenue per Form 990
$1,776,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$490,939
Salaries, Compensation, and Employee Benefits$463,286
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,057$64,680-$208,737
Current Officers, Directors, Trustees, and Key Employees$180,763$21,829-$202,592
Travel$66,592$11,751-$78,343
Fees for Services Other$47,408$15,749-$63,157
Office Expenses$34,369$5,252-$39,621
Advertising$36,559--$36,559
Fees for Services Accounting$25,296$4,464-$29,760
Payroll Taxes$18,683$6,228-$24,911
Information Technology$17,866$3,153-$21,019
Fees for Services Legal$17,214$3,038-$20,252
Other Employee Benefits$13,344$6,328-$19,672
All Other Expenses$12,090$2,134-$14,224
Other Expenses$12,745--$12,745
Interest$8,756--$8,756
Pension Plan Contributions$4,883$2,491-$7,374
Occupancy$5,883$1,038-$6,921
Insurance$5,243$925-$6,168
Depreciation Depletion$5,142$908-$6,050
Total Functional Expenses$804,257$149,968$0$954,225

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$954,225
Total Expenses per Audited Statements$947,480
Expenses per Audited Statements$941,480
Expenses Not Reported on Financial Statements$12,745
Other Expense Adjustments$12,745
Expenses Not Reported on Form 990$6,000
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
Receivables from Disqualified Persons$10,504$66,672▲ $56,168
Receivables from Officers, Directors, Trustees, and Key Employees$38,803$32,175▼ $6,628
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liability$71,307
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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, Page 6, Part VI, Line 11B

“The return was prepared by an independent accountant with assistance and oversight by management. Following review by the executive director, the return was provided to each current voting board member prior to filing with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Board members have a duty to disclose any interests in a transaction involving the organization. Prior to any loan authorization discussion, members are asked whether an interest could exist, and interested members leave the room during discussion. Votes on loans containing a conflict are voted on in the absense of any interested member.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for the executive director was determined by the personnel subcommittee and approved by vote of the full board.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, financial statements, and conflict of interest policy are available upon request at the organization's administrative office.”

Filing and Contact Details

Filer

Filer Name
The Sequoyah Fund Inc
EIN
31-1619784
Phone
8283595003
Address
PO BOX 1200, CHEROKEE, NC 28719

Signing Officer

Name
Russ Seagle
Title
Executive Director
Phone
8283595002
Signed
2020-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yona Wade
Formed
1998
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
7
Employees
6
Volunteers
9

Preparer

Firm
Carter P C
Address
16 BILTMORE AVE SUITE 200, ASHEVILLE, NC 28801-3617
Preparer
Rufus W Dollar
Phone
8282599900
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is exempt from federal income taxes under sec 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. The organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions material to the financial statements. The organization's return of organization exempt from income tax (form 990) for the years ended december 31, 2018, 2017, and 2016, are subject to examination by the irs, generally for three years after they were filed.”

Schedule D, Page 4, Part XI, Line 4B

“WRITE OFF LOANS 12,745”

Schedule D, Page 4, Part XII, Line 4B

“WRITE OFF LOANS 12,745”

Raw XML AppendixShowing 400 of 527 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/BOYAmt046988
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt023966
IRS990/AccountsReceivableGrp/BOYAmt060954
IRS990/AccountsReceivableGrp/EOYAmt0346997
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION SERVES ECONOMIC AND SOCIAL IMPROVEMENT OF THE EASTERN BAND OF CHEROKEE INDIANS.
IRS990/AdvertisingGrp/ProgramServicesAmt036559
IRS990/AdvertisingGrp/TotalAmt036559
IRS990/AllOtherContributionsAmt0506875
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02134
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012090
IRS990/AllOtherExpensesGrp/TotalAmt014224
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0RUSS SEAGLE
IRS990/BooksInCareOfDetail/PhoneNum08283595003
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0810 ACQUONI ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHEROKEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028719
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02351243
IRS990/CashNonInterestBearingGrp/EOYAmt02389353
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt021829
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0180763
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0202592
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01381875
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0450
IRS990/CYOtherExpensesAmt0490939
IRS990/CYOtherRevenueAmt010216
IRS990/CYProgramServiceRevenueAmt0384284
IRS990/CYRevenuesLessExpensesAmt0822600
IRS990/CYSalariesCompEmpBnftPaidAmt0463286
IRS990/CYTotalExpensesAmt0954225
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01776825
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0908
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05142
IRS990/DepreciationDepletionGrp/TotalAmt06050
IRS990/Desc0THE SEQUOYAH FUND WORKS TO SERVE ECONOMIC AND SOCIAL IMPROVEMENT OF THE EASTERN BAND OF CHEROKEE INDIANS. THE ORGANIZATION SUPPORTS NEW BUSINESS START-UPS, BUSINESS EXPANSION, AND OVERALL COMMUNITY DEVELOPMENT IN THE SEVEN FAR WESTERN COUNTIES OF NORTH CAROLINA AND ON THE QUALLA BOUNDARY. THE ORGANIZATION ALSO PROVIDES BUSINESS TRAINING AND TECHNICAL ASSISTANCE TO BUSINESS OWNERS THROUGH WORKSHOPS AND CLASSES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02106370
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01724542
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0804257
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04464
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt025296
IRS990/FeesForServicesAccountingGrp/TotalAmt029760
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03038
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt017214
IRS990/FeesForServicesLegalGrp/TotalAmt020252
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015749
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt047408
IRS990/FeesForServicesOtherGrp/TotalAmt063157
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt920576
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN L BURGESS
IRS990/Form990PartVIISectionAGrp/PersonNm1YONA WADE
IRS990/Form990PartVIISectionAGrp/PersonNm2EMILY BREEDLOVE
IRS990/Form990PartVIISectionAGrp/PersonNm3TONYA CARROLL
IRS990/Form990PartVIISectionAGrp/PersonNm4JIMMY BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHELL HICKS
IRS990/Form990PartVIISectionAGrp/PersonNm6BRAD LETTS
IRS990/Form990PartVIISectionAGrp/PersonNm7NANCY MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm8EDDIE SWIMMER
IRS990/Form990PartVIISectionAGrp/PersonNm9RUSS SEAGLE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27725
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt36040
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt46000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt66300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76450
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt86000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9124950
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0450
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0875000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0450
IRS990/GrossReceiptsAmt01776825
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03153
IRS990/InformationTechnologyGrp/ProgramServicesAmt017866
IRS990/InformationTechnologyGrp/TotalAmt021019
IRS990/InsuranceGrp/ManagementAndGeneralAmt0925
IRS990/InsuranceGrp/ProgramServicesAmt05243
IRS990/InsuranceGrp/TotalAmt06168
IRS990/IntangibleAssetsGrp/BOYAmt09461
IRS990/IntangibleAssetsGrp/EOYAmt08005
IRS990/InterestGrp/ProgramServicesAmt08756
IRS990/InterestGrp/TotalAmt08756
IRS990/InventoriesForSaleOrUseGrp/BOYAmt02050
IRS990/InventoriesForSaleOrUseGrp/EOYAmt02750
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt04350016
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04765934
IRS990/IRPDocumentCnt028
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0126664
IRS990/LandBldgEquipBasisNetGrp/BOYAmt015591
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010999
IRS990/LandBldgEquipCostOrOtherBssAmt0137663
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION SERVES ECONOMIC AND SOCIAL IMPROVEMENT OF THE EASTERN BAND OF CHEROKEE INDIANS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0875613
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0835604
IRS990/NetAssetsOrFundBalancesBOYAmt06276384
IRS990/NetAssetsOrFundBalancesEOYAmt07098984
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0450
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0450
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04170014
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05374442
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01038
IRS990/OccupancyGrp/ProgramServicesAmt05883
IRS990/OccupancyGrp/TotalAmt06921
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05252
IRS990/OfficeExpensesGrp/ProgramServicesAmt034369
IRS990/OfficeExpensesGrp/TotalAmt039621
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06328
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013344
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019672
IRS990/OtherExpensesGrp/Desc0TRAINING PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc1LOAN LOSS EXPENSE NET
IRS990/OtherExpensesGrp/Desc2WRITE OFF RLF LOAN
IRS990/OtherExpensesGrp/ProgramServicesAmt074137
IRS990/OtherExpensesGrp/ProgramServicesAmt173227
IRS990/OtherExpensesGrp/ProgramServicesAmt212745
IRS990/OtherExpensesGrp/TotalAmt074137
IRS990/OtherExpensesGrp/TotalAmt173227
IRS990/OtherExpensesGrp/TotalAmt212745
IRS990/OtherLiabilitiesGrp/BOYAmt052232
IRS990/OtherLiabilitiesGrp/EOYAmt071307
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt010216
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010216
IRS990/OtherRevenueTotalAmt010216
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt064680
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0144057
IRS990/OtherSalariesAndWagesGrp/TotalAmt0208737
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04569
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06228
IRS990/PayrollTaxesGrp/ProgramServicesAmt018683
IRS990/PayrollTaxesGrp/TotalAmt024911
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02491
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04883
IRS990/PensionPlanContributionsGrp/TotalAmt07374
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0YONA WADE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1TRAINING PROGRAMS
IRS990/ProgramServiceRevenueGrp/Desc2LOAN FEES
IRS990/ProgramServiceRevenueGrp/Desc3CLIENT TRANING SF
IRS990/ProgramServiceRevenueGrp/Desc4ARTIST CONSIGNMENT PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0292780
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133472
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt229273
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt325324
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41892
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0292780
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133472
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt229273
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt325324
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41892
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01165500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0528396
IRS990/PYOtherRevenueAmt0-2054
IRS990/PYProgramServiceRevenueAmt0411933
IRS990/PYRevenuesLessExpensesAmt0643869
IRS990/PYSalariesCompEmpBnftPaidAmt0403114
IRS990/PYTotalExpensesAmt0931510
IRS990/PYTotalRevenueAmt01575379
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt010504
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt066672
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt038803
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt032175
IRS990/ReconcilationRevenueExpnssAmt0822600
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0384284
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0401026
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0406976
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 32,080
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01381875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01165500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0410000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0620000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04577375
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0182
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0893
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0832
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01907
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01220075
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt010216
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt013374
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt06718
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01772
IRS990ScheduleA/OtherIncome170Grp/TotalAmt032080
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99260
IRS990ScheduleA/PublicSupportPY170Pct00.99230
IRS990ScheduleA/PublicSupportTotal170Amt04577375
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01381875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01165500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0410000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0620000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01000000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04577375
IRS990ScheduleA/TotalSupportAmt04611362
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt06000
IRS990ScheduleD/DonatedServicesUseFcltsAmt06000
IRS990ScheduleD/EquipmentGrp/BookValueAmt010999
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0126664
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0137663
IRS990ScheduleD/ExpensesNotReportedAmt06000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012745
IRS990ScheduleD/ExpensesSubtotalAmt0941480
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04765934
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NET BUSINESS LOANS RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/OtherExpensesNotIncludedAmt012745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt071307
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITY
IRS990ScheduleD/OtherRevenuesNotIncludedAmt012745
IRS990ScheduleD/RevenueNotReportedAmt06000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt012745
IRS990ScheduleD/RevenueSubtotalAmt01764080
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SEC 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR THE YEARS ENDED DECEMBER 31, 2018, 2017, AND 2016, ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1WRITE OFF LOANS 12,745
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2WRITE OFF LOANS 12,745
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010999
IRS990ScheduleD/TotalBookValueProgramRltdAmt04765934
IRS990ScheduleD/TotalExpensesPerForm990Amt0954225
IRS990ScheduleD/TotalLiabilityAmt071307
IRS990ScheduleD/TotalRevenuePerForm990Amt01776825
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01770080
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0947480
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt048996
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt131881
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt217676
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt3294
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,029,861
Liabilities
$930,877
Net assets
$7,098,984
Revenue
$1,776,825
Expenses
$954,225
Net income
$822,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.7$0.99$13.7$4.92$1.60$3.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$1.82$10.0$2.29$0.79$1.50
2019Detailed filing. Detailed filing data is available for this year.$8.03$0.93$7.10$1.78$0.95$0.82
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.25$0.97$6.28$1.58$0.93$0.64
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.66$1.04$5.62$0.85$0.91$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.83$1.14$5.68$1.04$0.64$0.40
2015Detailed filing. Detailed filing data is available for this year.$6.40$1.11$5.29$1.55$1.20$0.35