Civic Intelligence

Flora Macdonald Legacy Foundation

EIN 43-2091117 • 501(c)3 • Red Springs, NC

Pub. 78 EligibleNTEE A23

Profile

To provide educational assistance through donor contributions.

200 North College StreetRed Springs, NC 28377

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

87th percentile

43%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

66th percentile

7.8%

Faster asset growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

35%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$166,864

Up $12,070 (+7.8%) from 2023

Liabilities

Down

$0

Down $7,000 (-100%) from 2023

Net Assets

Up

$166,864

Up $19,070 (+13%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin87th percentile

Revenue

Up

$28,387

Up $7,374 (+35%) from 2023

Expenses

Up

$16,317

Up $8,177 (+100%) from 2023

Net Income

Down

$12,070

Down $803 (-6.2%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$200K$150K$100K$50K$0Assets 2015: $3,895Liabilities 2015: $02015Assets 2017: $5,812Net Assets 2017: $5,8122017Assets 2018: $22,697Net Assets 2018: $22,6972018Assets 2019: $35,289Net Assets 2019: $35,2892019Assets 2020: $49,601Liabilities 2020: $7,000Net Assets 2020: $42,6012020Assets 2021: $119,898Liabilities 2021: $7,000Net Assets 2021: $112,8982021Assets 2022: $141,921Liabilities 2022: $7,000Net Assets 2022: $134,9212022Assets 2023: $154,794Liabilities 2023: $7,000Net Assets 2023: $147,7942023Assets 2024: $166,864Liabilities 2024: $0Net Assets 2024: $166,8642024

Highlighted filing

2024

Assets$166,864
Liabilities$0
Net Assets$166,864
Open 2024 Filing

Operations Trend

Revenue Growth80th percentile

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

$100K$50K$0-$50KRevenue 2015: $67,207Expenses 2015: $63,312Net Income 2015: $3,8952015Revenue 2017: $16,379Expenses 2017: $17,671Net Income 2017: -$1,2922017Revenue 2018: $24,787Expenses 2018: $7,902Net Income 2018: $16,8852018Revenue 2019: $16,964Expenses 2019: $4,372Net Income 2019: $12,5922019Revenue 2020: $19,501Expenses 2020: $12,189Net Income 2020: $7,3122020Revenue 2021: $84,378Expenses 2021: $14,081Net Income 2021: $70,2972021Revenue 2022: $28,161Expenses 2022: $6,138Net Income 2022: $22,0232022Revenue 2023: $21,013Expenses 2023: $8,140Net Income 2023: $12,8732023Revenue 2024: $28,387Expenses 2024: $16,317Net Income 2024: $12,0702024

Highlighted filing

2024

Revenue$28,387
Expenses$16,317
Net Income$12,070
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$166,864
Liabilities
$0
Net assets
$166,864
Revenue
$28,387
Expenses
$16,317
Net income
$12,070
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.28$0.16$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.55$0.07$1.48$0.21$0.08$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.42$0.07$1.35$0.28$0.06$0.22
2021Detailed filing. Detailed filing data is available for this year.$1.20$0.07$1.13$0.84$0.14$0.70
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.07$0.43$0.20$0.12$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.35$0.17$0.04$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.23$0.25$0.08$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.16$0.18$0.01
2015Summary only. Only limited summary data is available for this year.$0.04$0.00$0.67$0.63$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 5, 2025
Return Version
2024v5.1
Gross Receipts
$28,387
Mission and Program Overview

Mission

To provide educational assistance through donor contributions.

To provide educational assistance

Program Services

DescriptionGrantsExpenses
TO PROVIDE EDUCATIONAL ASSISTANCE TO HIGHLAND ACADEMY THROUGH DONOR CONTRIBUTIONS. DONATED 32 COMPUTERS TO HIGHLAND ACADEMY IN 2024.-$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MOYE LOWEChairmanPT$0--
ALEX WATSONVice Chair-$0--
BETS WOODARD HANDYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Flora Macdonald Legacy Foundation
EIN
43-2091117
In Care Of
% ALEX WATSON
Phone
9108434995
Address
200 NORTH COLLEGE STREET, RED SPRINGS, NC 28377

Signing Officer

Name
Alex Watson
Title
Vice Chair
Phone
9108434995
Signed
2025-06-05
Discuss with paid preparer
No

Preparer

Firm
Alan J Asbury CPA PLLC
Address
121 South Main Street, Raeford, NC 28376
Preparer
Tiffany Flack
Phone
9108753290
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity SCHOLARSHIPS Grantee HIGHLAND ACADEMY Amount 1,600”

Description of other expenses Part I line 16

“Description AmountINSURANCE 1,637SUPPLIES 1,441COMPUTERS 6,960”

Raw XML Appendix157 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum09108434995
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RED SPRINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028377
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0154794
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0166864
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IRS990EZ/ExcessOrDeficitForYearAmt012070
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0615
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0154794
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IRS990EZ/GrossReceiptsAmt028387
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0760
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0154794
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0166864
IRS990EZ/OccupancyRentUtltsAndMaintAmt0464
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MOYE LOWE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALEX WATSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BETS WOODARD HANDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt010038
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL ASSISTANCE
IRS990EZ/PrintingPublicationsPostageAmt01150
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02450
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016317
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt028387
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt027627
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04095
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt017100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0113446
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0760
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0643
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0760
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03048
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97380
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IRS990ScheduleA/PublicSupportTotal509Amt0113446
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt017100
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0116494
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity SCHOLARSHIPS Grantee HIGHLAND ACADEMY Amount 1,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountINSURANCE 1,637SUPPLIES 1,441COMPUTERS 6,960
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEX WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum09108434995
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORA MACDONALD LEGACY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0432091117
ReturnHeader/Filer/InCareOfNm0% ALEX WATSON
ReturnHeader/Filer/PhoneNum09108434995
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 NORTH COLLEGE STREET
ReturnHeader/Filer/USAddress/CityNm0RED SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028377
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475681621
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028376
ReturnHeader/PreparerPersonGrp/PhoneNum09108753290
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIFFANY FLACK
ReturnHeader/ReturnTs02025-06-10T15:15:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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