Civic Intelligence

Bray Hollow Foundation a Time for Science

990 • Fiscal year 2023 • EIN 45-2872683

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 13, 2025

729 Dickenson AveGreenville, NC 27834

(252) 531-7203

Siviq Scores

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

Liabilities / Assets

70th percentile

0.14x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • NTEE C • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

82nd percentile

0.30x

Higher debt load relative to revenue than 82% of similar nonprofits.

2023 filings • NTEE C • $1M-$5M nonprofits • Source year 2023

Net Margin

89th percentile

58%

Higher net margin than 89% of similar nonprofits.

2023 filings • NTEE C • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2023 filings • NTEE C • $1M-$5M nonprofits • Source year 2023

Asset Growth

83rd percentile

35%

Faster asset growth than 83% of similar nonprofits.

2023 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

47th percentile

2.2%

Faster revenue growth than 47% of similar nonprofits.

2023 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,424,823

Up $633,736 (+35%) from 2022

Net Assets

Up

$2,073,382

Up $668,423 (+48%) from 2022

Liabilities

Down

$351,441

Down $34,687 (-9.0%) from 2022

Revenue

Up

$1,157,764

Up $25,459 (+2.2%) from 2022

Expenses

Up

$489,341

Up $45,671 (+10%) from 2022

Net Income

Down

$668,423

Down $20,212 (-2.9%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $947,293Liabilities 2014: $183Net Assets 2014: $947,1102014Assets 2015: $920,430Liabilities 2015: $52,946Net Assets 2015: $867,4842015Assets 2016: $984,548Liabilities 2016: $226,070Net Assets 2016: $758,4782016Assets 2018: $940,908Liabilities 2018: $207,805Net Assets 2018: $733,1032018Assets 2019: $1,144,003Liabilities 2019: $221,840Net Assets 2019: $922,1632019Assets 2021: $1,218,514Liabilities 2021: $502,190Net Assets 2021: $716,3242021Assets 2022: $1,791,087Liabilities 2022: $386,128Net Assets 2022: $1,404,9592022Assets 2023: $2,424,823Liabilities 2023: $351,441Net Assets 2023: $2,073,3822023Assets 2024: $2,461,653Liabilities 2024: $309,564Net Assets 2024: $2,152,0892024Assets 2025: $2,568,759Liabilities 2025: $275,032Net Assets 2025: $2,293,7272025

Highlighted filing

2023

Assets$2,424,823
Liabilities$351,441
Net Assets$2,073,382

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $1,089,433Expenses 2014: $142,323Net Income 2014: $947,1102014Revenue 2015: $174,535Expenses 2015: $254,161Net Income 2015: -$79,6262015Revenue 2016: $228,799Expenses 2016: $337,805Net Income 2016: -$109,0062016Revenue 2018: $304,384Expenses 2018: $367,291Net Income 2018: -$62,9072018Revenue 2019: $551,572Expenses 2019: $362,513Net Income 2019: $189,0592019Revenue 2021: $291,079Expenses 2021: $381,654Net Income 2021: -$90,5752021Revenue 2022: $1,132,305Expenses 2022: $443,670Net Income 2022: $688,6352022Revenue 2023: $1,157,764Expenses 2023: $489,341Net Income 2023: $668,4232023Revenue 2024: $765,244Expenses 2024: $686,537Net Income 2024: $78,7072024Revenue 2025: $819,766Expenses 2025: $678,128Net Income 2025: $141,6382025

Highlighted filing

2023

Revenue$1,157,764
Expenses$489,341
Net Income$668,423
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,157,764
Mission and Program Overview

Mission

To coordinate the talents of area volunteers and staff, to marshal public and private resources for support, and to provide activities, programs and a supporting environment with which to enable participants of all ages to become engaged in nature and in the experience of science while having fun in the process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,187,241$2,309,798▲ $1,122,557
Cash and Non-Interest-Bearing Accounts$598,341$93,542▼ $504,799
Prepaid Expenses and Deferred Charges$3,750$2,117▼ $1,633
Savings and Temporary Cash Investments$1,755$642▼ $1,113
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,791,087$2,424,823▲ $633,736
Other Assets Total-$18,724-
Liabilities
Other Liabilities$386,128$351,441▼ $34,687
Total Liabilities$386,128$351,441▼ $34,687
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,404,959$2,073,382▲ $668,423
Total Net Assets Fund Balance$1,404,959$2,073,382▲ $668,423
Total Liabilities and Net Assets / Fund Balance$1,791,087$2,424,823▲ $633,736

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,234,478-$1,234,478
Land$573,457-$573,457
Equipment$260,194$83,740$343,934
Leasehold Improvements$229,844-$229,844
Other Land Buildings$11,825-$11,825
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,062,767
Program Service Revenue
$94,960
Investment Income
$37
Other Revenue
$0
All Other Contributions
$1,062,767
Change in Net Assets
$668,423
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$350,089
Other Expenses$139,252
Total Fundraising Expense$2,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$211,757$118,865-$330,622
All Other Expenses$4,104$26,848$2,292$33,244
Payroll Taxes$10,294$9,173-$19,467
Insurance-$15,403-$15,403
Interest-$12,996-$12,996
Office Expenses-$8,172-$8,172
Other Expenses$18,170$7,150-$7,150
Advertising-$1,035-$1,035
Total Functional Expenses$244,325$242,724$2,292$489,341
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-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SBA Loan$152,900
Long Term Loan$100,000
Bb&t Loc$98,175
Payroll Liabilities$364
Credit Card$1
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Section B, Line 11B

Form 990, part vi, line 11b - organization's process to review form 990 form 990 draft provided to exective director and president for review before signing

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

Form 990, part vi, line 12c - enforcement of conflicts policy issues are covered at the monthly board meeting

Form 990, Part VI, Section B, Line 15A

Form 990, part vi, line 15a - compensation process for top official compensation for the executive director is reviewed and approved by the board of directors

Form 990, Part VI, Section B, Line 15B

Form 990, part vi, line 15b - compensation process for officers compensation for other key employees is reviewed and approved by the board of directors

Form 990, Part VI, Section C, Line 19

Form 990, part vi, line 19 - governing documents disclosure explanation governing documents are available for review at a time for science located at 949 contentnea lane grifton, nc 28530 upon request

Filing and Contact Details

Filer

Filer Name
Bray Hollow Foundation
EIN
45-2872683
Phone
2525317203
Address
729 Dickenson Ave, Greenville, NC 27834

Signing Officer

Name
Jerry Davis
Title
Treasurer
Signed
2025-04-13
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
12
Volunteers
25

Preparer

Firm
LF Consulting Inc
Address
4325 Southlea Dr, Winterville, NC 28590
Preparer
Leisa Fuller
Phone
7043026643
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