Civic Intelligence

Southeast Education Alliance Foundation Inc.

990 • Fiscal year 2022 • EIN 47-1997713

Jul 01, 2021 to Jun 30, 2022 • Filed on Jun 06, 2023

PO Box 1116Sneads Ferry, NC 28460

(910) 330-2441

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

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

2022 filings • NTEE B • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

36th percentile

0.00x

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

2022 filings • NTEE B • $500k-$1M nonprofits • Source year 2022

Net Margin

33rd percentile

0.2%

Higher net margin than 33% of similar nonprofits.

2022 filings • NTEE B • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2022 filings • NTEE B • $500k-$1M nonprofits • Source year 2022

Asset Growth

42nd percentile

0.1%

Faster asset growth than 42% of similar nonprofits.

2022 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-4.3%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$537,900

Up $298 (+0.1%) from 2021

Net Assets

Up

$537,900

Up $298 (+0.1%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$192,340

Down $8,661 (-4.3%) from 2021

Expenses

Up

$192,042

Up $85,437 (+80%) from 2021

Net Income

Down

$298

Down $94,098 (-100%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $302,732Liabilities 2017: $0Net Assets 2017: $302,7322017Assets 2018: $403,696Liabilities 2018: $0Net Assets 2018: $403,6962018Assets 2019: $462,708Liabilities 2019: $0Net Assets 2019: $462,7082019Assets 2020: $443,206Liabilities 2020: $0Net Assets 2020: $443,2062020Assets 2021: $537,602Liabilities 2021: $0Net Assets 2021: $537,6022021Assets 2022: $537,900Liabilities 2022: $0Net Assets 2022: $537,9002022Assets 2023: $582,779Liabilities 2023: $0Net Assets 2023: $582,7792023Assets 2024: $618,259Liabilities 2024: $0Net Assets 2024: $618,2592024Assets 2025: $583,361Liabilities 2025: $0Net Assets 2025: $583,3612025

Highlighted filing

2022

Assets$537,900
Liabilities$0
Net Assets$537,900

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2017: $360,524Expenses 2017: $57,792Net Income 2017: $302,7322017Revenue 2018: $205,160Expenses 2018: $104,196Net Income 2018: $100,9642018Revenue 2019: $188,457Expenses 2019: $129,445Net Income 2019: $59,0122019Revenue 2020: $155,031Expenses 2020: $174,533Net Income 2020: -$19,5022020Revenue 2021: $201,001Expenses 2021: $106,605Net Income 2021: $94,3962021Revenue 2022: $192,340Expenses 2022: $192,042Net Income 2022: $2982022Revenue 2023: $173,750Expenses 2023: $128,871Net Income 2023: $44,8792023Revenue 2024: $177,250Expenses 2024: $141,770Net Income 2024: $35,4802024Revenue 2025: $151,675Expenses 2025: $186,573Net Income 2025: -$34,8982025

Highlighted filing

2022

Revenue$192,340
Expenses$192,042
Net Income$298
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jun 6, 2023
Return Version
2021v4.0
Gross Receipts
$192,340
Mission and Program Overview

Mission

The corporation is organized exclusively for charitable, educational and scientific objects and purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$537,602$537,900▲ $298
Total Assets$537,602$537,900▲ $298
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$537,602$537,900▲ $298
Total Net Assets Fund Balance$537,602$537,900▲ $298
Total Liabilities and Net Assets / Fund Balance$537,602$537,900▲ $298
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim MarkleyChairman
Rick StoutVice-chairma
Kathy SpencerSecretary
Austin ObasohanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$192,340
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$298
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$97,576--$97,576
Fees for Services Management$86,666--$86,666
Fees for Services Accounting$7,800--$7,800
Total Functional Expenses$192,042$0$0$192,042
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Southeast Education Alliance Founda
EIN
47-1997713
Phone
9103302441
Address
PO BOX 1116, SNEADS FERRY, NC 28460

Signing Officer

Name
Kathy Spencer
Title
Secretary
Phone
9103302441
Signed
2023-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Spencer
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
20

Preparer

Firm
Banks Gray & Crumpler Pllc
Address
PO BOX 10553, GOLDSBORO, NC 27532
Preparer
Brandon R Gray CPA
Phone
9197356300
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Teacher education symposium and training

Raw XML Appendix244 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.

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Filings