Civic Intelligence

Flora Macdonald Legacy Foundation

990EZ • Fiscal year 2022 • EIN 43-2091117

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 10, 2023

Organization Profilewww.highlanderacademy.com/legacy-foundation
200 North College StreetRed Springs, NC 28377

(910) 843-4995

Siviq Scores

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

Liabilities / Assets

71st percentile

0.05x

Higher debt load relative to assets than 71% of similar nonprofits.

2022 filings • NTEE A23 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

84th percentile

0.25x

Higher debt load relative to revenue than 84% of similar nonprofits.

2022 filings • NTEE A23 • <$500k nonprofits • Source year 2022

Net Margin

90th percentile

78%

Higher net margin than 90% of similar nonprofits.

2022 filings • NTEE A23 • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2022 filings • NTEE A23 • <$500k nonprofits • Source year 2022

Asset Growth

68th percentile

18%

Faster asset growth than 68% of similar nonprofits.

2022 filings • NTEE A23 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

12th percentile

-67%

Faster revenue growth than 12% of similar nonprofits.

2022 filings • NTEE A23 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$141,921

Up $22,023 (+18%) from 2021

Net Assets

Up

$134,921

Up $22,023 (+20%) from 2021

Liabilities

Flat

$7,000

Flat from 2021

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin90th percentile

Revenue

Down

$28,161

Down $56,217 (-67%) from 2021

Expenses

Down

$6,138

Down $7,943 (-56%) from 2021

Net Income

Down

$22,023

Down $48,274 (-69%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$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

2022

Assets$141,921
Liabilities$7,000
Net Assets$134,921
Open 2022 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$28,161
Expenses$6,138
Net Income$22,023
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 10, 2023
Return Version
2022v5.0
Gross Receipts
$28,584
Mission and Program Overview

Mission

To provide educational assistance through donor contributions.

Program Services

DescriptionGrantsExpenses
Educational Assistance Provided$0$0
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Moye LoweChairmanPT$0--
Alex WatsonVice Chairman-$0--
Susan Dawkins LucasBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Day of Giving$23,009$23,009$423$22,586
Total Events$23,009$23,009$423$22,586
Filing and Contact Details

Filer

Filer Name
Flora MacDonald Legacy Foundation
EIN
43-2091117
Phone
9108434995
Address
200 North College Street, Red Springs, NC 28377

Signing Officer

Name
Alex Watson
Title
Chairman
Phone
9108434995
Signed
2023-10-10
Discuss with paid preparer
Yes

Preparer

Firm
Collins & Kemp CPAs PLLC
Address
305 E 21st St, Lumberton, NC 28358
Preparer
Tamara C Kemp
Phone
9106743364
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Program Expenses 446.”

Form 990EZ, Part I, Line 16

“Supplies 931.”

Form 990EZ, Part I, Line 16

“Office Expenses 2255.”

Form 990EZ, Part I, Line 16

“Advertising 1182.”

Form 990EZ, Part I, Line 16

“Bank Charges 6.”

Raw XML Appendix181 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/PhoneNum09103038111
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 North College Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Red Springs
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028377
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0119898
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0141921
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05423
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt022023
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0550
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0119898
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0141921
IRS990EZ/FundraisingGrossIncomeAmt023009
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt028584
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0152
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0112898
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0134921
IRS990EZ/OccupancyRentUtltsAndMaintAmt0689
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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/PersonNm2Susan Dawkins Lucas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04820
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide educational assistance through donor contributions.
IRS990EZ/PrintingPublicationsPostageAmt079
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Educational Assistance Provided
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0423
IRS990EZ/SpecialEventsNetIncomeLossAmt022586
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt07000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06138
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt028161
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.highlanderacademy.com/legacy-foundation
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03975
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt060649
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt017100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt016964
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt024787
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0123475
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01600
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01645
IRS990ScheduleA/InvestmentIncomeCYPct00.01310
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.98690
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt0123475
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03975
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt060649
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt017100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt016964
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt024787
IRS990ScheduleA/Total509Grp/TotalAmt0123475
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0125120
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0423
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Day of Giving
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023009
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt023009
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023009
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023009
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022586
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0423
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0423
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Expenses 446.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 931.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses 2255.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertising 1182.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Charges 6.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Alex Watson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum09108434995
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Flora MacDonald Legacy Foundation
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0432091117
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/PreparerFirmEIN0731690452
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Collins & Kemp CPAs PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0305 E 21st St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lumberton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028358
ReturnHeader/PreparerPersonGrp/PhoneNum09106743364
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tamara C Kemp
ReturnHeader/ReturnTs02023-10-10T08:14:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Alex
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Watson
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,921
Liabilities
$7,000
Net assets
$134,921
Revenue
$28,161
Expenses
$6,138
Net income
$22,023
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • NTEE A23 • <$500k nonprofits