Civic Intelligence

Clearpath Foundation Inc

990 • Fiscal year 2015 • EIN 46-3891359

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

Organization ProfileCLEARPATH.ORG

View Organization Page

1355 Greenwood Cliff Drive Ste 301Charlotte, NC 28204

(704) 945-0487

Siviq Scores

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

Liabilities / Assets

2nd percentile

0.00x

Higher debt load relative to assets than 2% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Liabilities / Revenue

3rd percentile

0.00x

Higher debt load relative to revenue than 3% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Net Margin

1st percentile

-227%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Top Officer Pay

33rd percentile

$336,304

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2015

Asset Growth

25th percentile

-2.4%

Faster asset growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Revenue Growth

1st percentile

-97%

Faster revenue growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Down

$161,923,207

Down $3,962,587 (-2.4%) from 2014

Net Assets

Down

$161,902,130

Down $3,456,037 (-2.1%) from 2014

Liabilities

Down

$21,077

Down $506,550 (-96%) from 2014

Revenue And Expenses
Liabilities / Revenue3rd percentileNet Margin1st percentile

Revenue

Down

$5,284,086

Down $160,315,857 (-97%) from 2014

Expenses

Up

$17,277,505

Up $17,035,729 (+7046%) from 2014

Net Income

Down

-$11,993,419

Down $177,351,586 (-107%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$200M$150M$100M$50M$0Assets 2013: $1Liabilities 2013: $02013Assets 2014: $165,885,794Liabilities 2014: $527,627Net Assets 2014: $165,358,1672014Assets 2015: $161,923,207Liabilities 2015: $21,077Net Assets 2015: $161,902,1302015Assets 2016: $158,459,709Liabilities 2016: $510,636Net Assets 2016: $157,949,0732016Assets 2017: $164,364,006Liabilities 2017: $71,890Net Assets 2017: $164,292,1162017Assets 2018: $143,472,057Liabilities 2018: $176,782Net Assets 2018: $143,295,2752018Assets 2019: $154,056,662Liabilities 2019: $312,319Net Assets 2019: $153,744,3432019Assets 2020: $147,048,612Liabilities 2020: $622,831Net Assets 2020: $146,425,7812020Assets 2021: $132,102,350Liabilities 2021: $345,292Net Assets 2021: $131,757,0582021Assets 2022: $107,868,029Liabilities 2022: $185,087Net Assets 2022: $107,682,9422022Assets 2023: $100,049,962Liabilities 2023: $399,218Net Assets 2023: $99,650,7442023Assets 2024: $90,780,888Liabilities 2024: $107,519Net Assets 2024: $90,673,3692024

Highlighted filing

2015

Assets$161,923,207
Liabilities$21,077
Net Assets$161,902,130
Open 2015 Filing

Operations Trend

Revenue Growth1st percentile

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

$200M$150M$100M$50M$0-$50MRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $165,599,943Expenses 2014: $241,776Net Income 2014: $165,358,1672014Revenue 2015: $5,284,086Expenses 2015: $17,277,505Net Income 2015: -$11,993,4192015Revenue 2016: $8,818,559Expenses 2016: $12,706,630Net Income 2016: -$3,888,0712016Revenue 2017: $783,835Expenses 2017: $12,231,863Net Income 2017: -$11,448,0282017Revenue 2018: $5,370,855Expenses 2018: $13,731,407Net Income 2018: -$8,360,5522018Revenue 2019: -$396,101Expenses 2019: $14,375,568Net Income 2019: -$14,771,6692019Revenue 2020: $13,339,292Expenses 2020: $22,299,480Net Income 2020: -$8,960,1882020Revenue 2021: $2,340,203Expenses 2021: $20,966,936Net Income 2021: -$18,626,7332021Revenue 2022: -$421,090Expenses 2022: $17,286,494Net Income 2022: -$17,707,5842022Revenue 2023: $392,925Expenses 2023: $16,517,816Net Income 2023: -$16,124,8912023Revenue 2024: $805,127Expenses 2024: $14,695,873Net Income 2024: -$13,890,7462024

Highlighted filing

2015

Revenue$5,284,086
Expenses$17,277,505
Net Income-$11,993,419
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$180,487,970
Mission and Program Overview

Mission

Accelerate america's clean energy future with conservative solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$165,358,167$161,902,130▼ $3,456,037
Investments Other Securities$97,760,957$97,210,498▼ $550,459
Investments in Publicly Traded Securities$35,554,299$46,453,608▲ $10,899,309
Cash and Non-Interest-Bearing Accounts$28,446,298$17,502,435▼ $10,943,863
Savings and Temporary Cash Investments$3,046,860--
Land, Buildings, and Equipment, Net$435,724$593,078▲ $157,354
Loans From Officers Directors$521,463$0▼ $521,463
Intangible Assets$425,263$16,500▼ $408,763
Accounts Receivable-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$165,885,794$161,923,207▼ $3,962,587
Other Assets Total$216,393$147,088▼ $69,305
Liabilities
Accounts Payable and Accrued Expenses-$21,077-
Other Liabilities$6,164$0▼ $6,164
Total Liabilities$527,627$21,077▼ $506,550
Net Assets / Fund Balance
Total Net Assets Fund Balance$165,358,167$161,902,130▼ $3,456,037
Total Liabilities and Net Assets / Fund Balance$165,885,794$161,923,207▼ $3,962,587

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$332,934$14,153$347,087
Other Land Buildings$186,424$70,093$256,517
Equipment$73,720$32,823$106,543
Other Securities$97,210,498--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard PowellCOOFT$326,184$10,120$336,304
Bradford P PendergrassInvestment AdvisorFT$101,523$11,996$113,519

Board Members and Trustees

NameTitle
Jay W FaisonPresident
Holly Welch StubbingBoard Member
Marye LordBoard Member
Sam ThurmstromBoard Member
David LewisSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
AnthroMarketing455 1ST STREET, Brooklyn, NY 11215$271,668
Watermark ServicesAccounting1355 GREENWOOD CLIFF SUITE 300, Charlotte, NC 28204$156,946
Bpp CapitalInvestment Advisory1355 GREENWOOD CLIFF SUITE 300, Charlotte, NC 28204$136,049
Seismic PartnersConsulting809 W HILL ST SUITE D, Charlotte, NC 28208$127,690
Korn Ferry InternationalRecruitingPO BOX 1450, Minneapolis, MN 55485$100,800
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5,284,086
Other Revenue
$0
Change in Net Assets
$-11,993,419
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,476,685
Other Expenses$7,995,213
Salaries, Compensation, and Employee Benefits$805,607
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,471,685--$8,471,685
Fees for Services Other$3,101,897$615,337-$3,717,234
Fees for Service Investment Mgmnt Fees-$1,063,295-$1,063,295
Fees for Services Accounting$481,969--$481,969
Other Salaries and Wages$301,352$80,482-$381,834
Current Officers, Directors, Trustees, and Key Employees$268,934$67,370-$336,304
Travel$192,116$5,209-$197,325
Advertising$178,861--$178,861
Fees for Services Legal-$142,677-$142,677
Occupancy$89,718$23,961-$113,679
Information Technology$74,138$19,800-$93,938
Depreciation Depletion-$60,283-$60,283
Payroll Taxes$40,683$10,865-$51,548
Office Expenses$36,569$9,766-$46,335
Other Employee Benefits$28,350$7,571-$35,921
All Other Expenses$12,330$4,624-$16,954
Other Expenses$10,958$42,081-$10,958
Foreign Grants$5,000--$5,000
Total Functional Expenses$15,124,184$2,153,321$0$17,277,505
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Foundation for the CarolinasCharlotte, NC501c(3)Support Clean Energy Initiatives$6,468,935
EcoamericaWashington, DC501c(3)Support Clean Energy Initiatives$1,000,000
The National Christian FoundationAlpharetta, GA501c(3)Support Clean Energy Initiatives$257,000
The Niskanen Center IncWashington, DC501c(3)Support for Greenhouse Gas Education Efforts$250,000
American Action Forum IncWashington, DC501c(3)Support for Conservative Clean Energy Policy Program$200,000
Mit Joint ProgramCambridge, MA501c(3)Support Work on Modeling the Global Energy and Atmospheric System$150,000
World Resource InstituteWashington, DC501c(3)Support for Efforts to Understand Impacts of Rising Sea Levels on Coastal Communities$60,000
Climate Central IncPrinceton, NJ501c(3)Greenhouse Gas Education$25,000
R Street InstituteWashington, DC501c(3)Support for Conservative Clean Energy Policy Program$25,000
The Heartland InstituteArlington Heights, IL501c(3)General Support$25,000
The Institute for the Public TrustRaleigh, NC501c(3)General Support$10,000
Charlotte Mecklenburg Library FoundationCharlotte, NC501c(3)General Support$750

International Summary

Offices
0
Employees
0
Spending
$65,775,518

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investment in Passive Foreign Investment CompaniesN/a00$65,775,518
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
Loans from Officers, Directors, Trustees, and Key Employees$521,463$0▼ $521,463
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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 11

“The form 990 is reviewed by select officers and members of the board of directors and a copy is available upon request to the board of directors.”

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

“Management monitors conflict of interest through a monthly evaluation of all organization initiatives against our approved strategic plan. Initiatives are evaluated for impact against our strategic plan which is updated and presented at quarterly board meetings. Board members have the opportunity to evaluate all financial and business dealings that support the organization activities.”

Form 990, Part VI, Section B, Line 15

“The president reviews all salaries & compensation annually. The board of directors approves the budgets. Comparability data is used in the compensation planning process.”

Form 990, Part VI, Section C, Line 19

“The organization's documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Clearpath Foundation Inc
EIN
46-3891359
Phone
7049450487
Address
1355 GREENWOOD CLIFF DRIVE STE 301, CHARLOTTE, NC 28204

Signing Officer

Name
Jay W Faison
Title
President
Phone
7049450487
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay W Faison
Formed
2013
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
4
Employees
11
Volunteers
0

Preparer

Firm
Greerwalker Llp
Address
227 WEST TRADE ST SUITE 1100, CHARLOTTE, NC 28202
Preparer
Sandi O Thorman
Phone
7043770239
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“The organization provided financial assistance to support projects geared towards clean energy and information on benefits of clean energy solutions (see part iii, line 4a for additional information).”

Form 990, Part IX, Line 11G

“Website and technology consulting : program service expenses 1,588,363. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,588,363. Pr and communications consulting : program service expenses 1,502,627. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,502,627. Contract labor : program service expenses 0. Management and general expenses 259,977. Fundraising expenses 0. Total expenses 259,977. Other consulting : program service expenses 0. Management and general expenses 354,451. Fundraising expenses 0. Total expenses 354,451. Advisory board fees : program service expenses 7,502. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,502. Payroll services : program service expenses 3,405. Management and general expenses 909. Fundraising expenses 0. Total expenses 4,314.”

Raw XML AppendixShowing 400 of 636 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt021077
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0ACCELERATE AMERICA'S CLEAN ENERGY FUTURE WITH CONSERVATIVE SOLUTIONS.
IRS990/AdvertisingGrp/ProgramServicesAmt0178861
IRS990/AdvertisingGrp/TotalAmt0178861
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04624
IRS990/AllOtherExpensesGrp/ProgramServicesAmt012330
IRS990/AllOtherExpensesGrp/TotalAmt016954
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JAY W FAISON
IRS990/BooksInCareOfDetail/PhoneNum07049450487
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01355 GREENWOOD CLIFF DRIVE SUITE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHARLOTTE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028204
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt028446298
IRS990/CashNonInterestBearingGrp/EOYAmt017502435
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt067370
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0268934
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0336304
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0271668
IRS990/ContractorCompensationGrp/CompensationAmt1156946
IRS990/ContractorCompensationGrp/CompensationAmt2136049
IRS990/ContractorCompensationGrp/CompensationAmt3127690
IRS990/ContractorCompensationGrp/CompensationAmt4100800
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0455 1ST STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11355 GREENWOOD CLIFF SUITE 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt21355 GREENWOOD CLIFF SUITE 300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3809 W HILL ST SUITE D
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 1450
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BROOKLYN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1CHARLOTTE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2CHARLOTTE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3CHARLOTTE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4MINNEAPOLIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011215
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd128204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd228204
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd328208
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd455485
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0ANTHRO
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1WATERMARK SERVICES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2BPP CAPITAL
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3SEISMIC PARTNERS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4KORN FERRY INTERNATIONAL
IRS990/ContractorCompensationGrp/ServicesDesc0MARKETING
IRS990/ContractorCompensationGrp/ServicesDesc1ACCOUNTING
IRS990/ContractorCompensationGrp/ServicesDesc2INVESTMENT ADVISORY
IRS990/ContractorCompensationGrp/ServicesDesc3CONSULTING
IRS990/ContractorCompensationGrp/ServicesDesc4RECRUITING
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt08476685
IRS990/CYInvestmentIncomeAmt05284086
IRS990/CYOtherExpensesAmt07995213
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-11993419
IRS990/CYSalariesCompEmpBnftPaidAmt0805607
IRS990/CYTotalExpensesAmt017277505
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05284086
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt060283
IRS990/DepreciationDepletionGrp/TotalAmt060283
IRS990/Desc0THROUGH FINANCIAL ASSISTANCE AND EDUCATIONAL PROGRAMS, CLEARPATH FOUNDATION, INC. PROVIDED EXTENSIVE RESEARCH AND ANALYSIS TO THE GENERAL PUBLIC, FEDERAL AND STATE GOVERNMENT POLICY MAKERS ON THE BENEFITS OF CLEAN ENERGY SOLUTIONS, ENHANCED THE ABILITY OF FAITH-BASED PUBLIC CHARITIES TO SCALE UP THEIR SOCIAL IMPACT, AND SUPPORT CLEAN ENERGY PROGRAMS BY OTHER PUBLIC CHARITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt015124184
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0481969
IRS990/FeesForServicesAccountingGrp/TotalAmt0481969
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0142677
IRS990/FeesForServicesLegalGrp/TotalAmt0142677
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0615337
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03101897
IRS990/FeesForServicesOtherGrp/TotalAmt03717234
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt01063295
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt01063295
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt05000
IRS990/ForeignGrantsGrp/TotalAmt05000
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt510120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt611996
IRS990/Form990PartVIISectionAGrp/PersonNm0JAY W FAISON
IRS990/Form990PartVIISectionAGrp/PersonNm1MARYE LORD
IRS990/Form990PartVIISectionAGrp/PersonNm2SAM THURMSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm3HOLLY WELCH STUBBING
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm6BRADFORD P PENDERGRASS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5326184
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6101523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5COO
IRS990/Form990PartVIISectionAGrp/TitleTxt6INVESTMENT ADVISOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0897632
IRS990/GainOrLossGrp/SecuritiesAmt05616750
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt08476685
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt08471685
IRS990/GrantsToDomesticOrgsGrp/TotalAmt08471685
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0898045
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0180820221
IRS990/GrossReceiptsAmt0180487970
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt019800
IRS990/InformationTechnologyGrp/ProgramServicesAmt074138
IRS990/InformationTechnologyGrp/TotalAmt093938
IRS990/IntangibleAssetsGrp/BOYAmt0425263
IRS990/IntangibleAssetsGrp/EOYAmt016500
IRS990/InvestmentIncomeGrp/ExclusionAmt0-1298227
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0-1230296
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt067931
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt097760957
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt097210498
IRS990/InvestmentsPubTradedSecGrp/BOYAmt035554299
IRS990/InvestmentsPubTradedSecGrp/EOYAmt046453608
IRS990/IRPDocumentCnt043
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0117069
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0435724
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0593078
IRS990/LandBldgEquipCostOrOtherBssAmt0710147
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0413
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0175203471
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0521463
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ACCELERATE AMERICA'S CLEAN ENERGY FUTURE WITH CONSERVATIVE SOLUTIONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0165358167
IRS990/NetAssetsOrFundBalancesEOYAmt0161902130
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06514382
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06514382
IRS990/NetUnrelatedBusTxblIncmAmt060238
IRS990/NetUnrlzdGainsLossesInvstAmt08537382
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt023961
IRS990/OccupancyGrp/ProgramServicesAmt089718
IRS990/OccupancyGrp/TotalAmt0113679
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09766
IRS990/OfficeExpensesGrp/ProgramServicesAmt036569
IRS990/OfficeExpensesGrp/TotalAmt046335
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0216393
IRS990/OtherAssetsTotalGrp/EOYAmt0147088
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07571
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt028350
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035921
IRS990/OtherExpensesGrp/Desc0WEBSITE/PLATFORM
IRS990/OtherExpensesGrp/Desc1RESEARCH
IRS990/OtherExpensesGrp/Desc2RECRUITING FEES
IRS990/OtherExpensesGrp/Desc3SUBSCRIPTION EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042081
IRS990/OtherExpensesGrp/ProgramServicesAmt01362281
IRS990/OtherExpensesGrp/ProgramServicesAmt1309775
IRS990/OtherExpensesGrp/ProgramServicesAmt2157568
IRS990/OtherExpensesGrp/ProgramServicesAmt310958
IRS990/OtherExpensesGrp/TotalAmt01362281
IRS990/OtherExpensesGrp/TotalAmt1309775
IRS990/OtherExpensesGrp/TotalAmt2199649
IRS990/OtherExpensesGrp/TotalAmt310958
IRS990/OtherLiabilitiesGrp/BOYAmt06164
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt080482
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0301352
IRS990/OtherSalariesAndWagesGrp/TotalAmt0381834
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010865
IRS990/PayrollTaxesGrp/ProgramServicesAmt040683
IRS990/PayrollTaxesGrp/TotalAmt051548
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAY W FAISON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0N/A
IRS990/ProgSrvcAccomActy3Grp/Desc0N/A
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0165599943
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt015729
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0165358167
IRS990/PYSalariesCompEmpBnftPaidAmt0226047
IRS990/PYTotalExpensesAmt0241776
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0165599943
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-11993419
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0165358167
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0161902130
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03046860
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0566047886
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1581493949
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2203895611
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd27
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt06468935
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1257000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt21000000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FOUNDATION FOR THE CAROLINAS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1NATIONAL CHRISTIAN CHARITABLES FOUNDATION INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2ECOAMERICA
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt07725935
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt073720
IRS990ScheduleD/EquipmentGrp/DepreciationAmt032823
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106543
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0332934
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt014153
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0347087
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0186424
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070093
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0256517
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt097210498
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS IN VARIOUS NON-PUBLICLY TRADED PARTNERSHIPS AND CORPORATIONS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0593078
IRS990ScheduleD/TotalBookValueSecuritiesAmt097210498
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt065775518
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0N/A
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0INVESTMENT IN PASSIVE FOREIGN INVESTMENT COMPANIES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd01
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt065775518
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt065775518
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt1150000
IRS990ScheduleI/RecipientTable/CashGrantAmt26468935
IRS990ScheduleI/RecipientTable/CashGrantAmt31000000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/CashGrantAmt5250000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$161,923,207
Liabilities
$21,077
Net assets
$161,902,130
Revenue
$5,284,086
Expenses
$17,277,505
Net income
-$11,993,419
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$90.8$0.11$90.7$0.81$14.7$13.9
2023Detailed filing. Detailed filing data is available for this year.$100$0.40$99.7$0.39$16.5$16.1
2022Detailed filing. Detailed filing data is available for this year.$108$0.19$108$0.42$17.3$17.7
2021Detailed filing. Detailed filing data is available for this year.$132$0.35$132$2.34$21.0$18.6
2020Detailed filing. Detailed filing data is available for this year.$147$0.62$146$13.3$22.3$8.96
2019Detailed filing. Detailed filing data is available for this year.$154$0.31$154$0.40$14.4$14.8
2018Detailed filing. Detailed filing data is available for this year.$143$0.18$143$5.37$13.7$8.36
2017Detailed filing. Detailed filing data is available for this year.$164$0.07$164$0.78$12.2$11.4
2016Detailed filing. Detailed filing data is available for this year.$158$0.51$158$8.82$12.7$3.89
2015Detailed filing. Detailed filing data is available for this year.$162$0.02$162$5.28$17.3$12.0
2014Detailed filing. Detailed filing data is available for this year.$166$0.53$165$166$0.24$165
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00