Civic Intelligence

The Golden L E a F Long-Term Economic Advancement Foundation In

990 • Fiscal year 2016 • EIN 52-2204473

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 11, 2016

Organization Profilewww.goldenleaf.org

Refreshing map…

301 N Winstead AvenueRocky Mount, NC 27804

(252) 442-7474

Siviq Scores

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

Liabilities / Assets

16th percentile

0.07x

Higher debt load relative to assets than 16% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

87th percentile

2.17x

Higher debt load relative to revenue than 87% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Net Margin

6th percentile

-25%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

6th percentile

$234,717

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Asset Growth

23rd percentile

-2.6%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-16%

Faster revenue growth than 13% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets16th percentile

Assets

Down

$916,425,827

Down $24,731,107 (-2.6%) from 2015

Net Assets

Down

$848,429,167

Down $23,232,943 (-2.7%) from 2015

Liabilities

Down

$67,996,660

Down $1,498,164 (-2.2%) from 2015

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin6th percentile

Revenue

Down

$31,281,508

Down $6,040,547 (-16%) from 2015

Expenses

Down

$39,104,679

Down $1,023,571 (-2.6%) from 2015

Net Income

Down

-$7,823,171

Down $5,016,976 (-179%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$2.0B$1.5B$1.0B$500M$0Assets 2011: $793,585,382Liabilities 2011: $92,950,403Net Assets 2011: $700,634,9792011Assets 2012: $793,382,903Liabilities 2012: $84,625,928Net Assets 2012: $708,756,9752012Assets 2013: $897,044,517Liabilities 2013: $87,667,715Net Assets 2013: $809,376,8022013Assets 2014: $956,849,074Liabilities 2014: $75,031,265Net Assets 2014: $881,817,8092014Assets 2015: $941,156,934Liabilities 2015: $69,494,824Net Assets 2015: $871,662,1102015Assets 2016: $916,425,827Liabilities 2016: $67,996,660Net Assets 2016: $848,429,1672016Assets 2017: $1,038,999,385Liabilities 2017: $171,651,037Net Assets 2017: $867,348,3482017Assets 2018: $1,129,837,199Liabilities 2018: $201,052,429Net Assets 2018: $928,784,7702018Assets 2019: $1,192,806,381Liabilities 2019: $196,863,993Net Assets 2019: $995,942,3882019Assets 2020: $1,207,394,628Liabilities 2020: $234,080,022Net Assets 2020: $973,314,6062020Assets 2021: $1,379,237,142Liabilities 2021: $154,263,791Net Assets 2021: $1,224,973,3512021Assets 2022: $1,203,014,453Liabilities 2022: $218,513,934Net Assets 2022: $984,500,5192022Assets 2023: $1,292,166,073Liabilities 2023: $214,502,164Net Assets 2023: $1,077,663,9092023Assets 2024: $1,403,937,165Liabilities 2024: $245,570,768Net Assets 2024: $1,158,366,3972024Assets 2025: $1,527,467,982Liabilities 2025: $199,859,409Net Assets 2025: $1,327,608,5732025

Highlighted filing

2016

Assets$916,425,827
Liabilities$67,996,660
Net Assets$848,429,167
Open 2016 Filing

Operations Trend

Revenue Growth13th percentile

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

$200M$100M$0-$100MExpenses 2011: $47,687,7082011Revenue 2012: $93,252,006Expenses 2012: $67,123,679Net Income 2012: $26,128,3272012Expenses 2013: $110,165,8682013Revenue 2014: $42,567,625Expenses 2014: $61,815,651Net Income 2014: -$19,248,0262014Revenue 2015: $37,322,055Expenses 2015: $40,128,250Net Income 2015: -$2,806,1952015Revenue 2016: $31,281,508Expenses 2016: $39,104,679Net Income 2016: -$7,823,1712016Revenue 2017: $87,246,987Expenses 2017: $138,890,436Net Income 2017: -$51,643,4492017Revenue 2018: $106,921,396Expenses 2018: $78,672,488Net Income 2018: $28,248,9082018Revenue 2019: $104,363,176Expenses 2019: $64,903,877Net Income 2019: $39,459,2992019Revenue 2020: $85,126,149Expenses 2020: $79,357,817Net Income 2020: $5,768,3322020Revenue 2021: $181,900,922Expenses 2021: $141,559,804Net Income 2021: $40,341,1182021Revenue 2022: $127,682,126Expenses 2022: $133,047,066Net Income 2022: -$5,364,9402022Revenue 2023: $57,758,666Expenses 2023: $63,535,535Net Income 2023: -$5,776,8692023Revenue 2024: $79,124,718Expenses 2024: $127,468,546Net Income 2024: -$48,343,8282024Revenue 2025: $171,537,614Expenses 2025: $169,872,591Net Income 2025: $1,665,0232025

Highlighted filing

2016

Revenue$31,281,508
Expenses$39,104,679
Net Income-$7,823,171
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$224,982,871
Mission and Program Overview

Mission

Golden leaf's mission is to promote the social welfare of north carolina's citizens and to receive and distribute funds for economic impact assistance to economically affected or tobacco-dependent regions of north carolina.

SEE PART III, LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$871,662,110$848,429,167▼ $23,232,943
Investments Other Securities$656,056,896$642,989,241▼ $13,067,655
Investments in Publicly Traded Securities$284,367,133$272,293,598▼ $12,073,535
Cash and Non-Interest-Bearing Accounts$423,895$869,099▲ $445,204
Other Notes and Loans Receivable, Net$203,318$174,211▼ $29,107
Prepaid Expenses and Deferred Charges$100,582$99,548▼ $1,034
Accounts Receivable$5,110$130▼ $4,980
Savings and Temporary Cash Investments$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$941,156,934$916,425,827▼ $24,731,107
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$69,359,585$67,837,353▼ $1,522,232
Accounts Payable and Accrued Expenses$135,239$159,307▲ $24,068
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$69,494,824$67,996,660▼ $1,498,164
Net Assets / Fund Balance
Total Net Assets Fund Balance$871,662,110$848,429,167▼ $23,232,943
Total Liabilities and Net Assets / Fund Balance$941,156,934$916,425,827▼ $24,731,107

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$24,633,387--
Compensation and Service Providers
Top Officer Pay6th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daniel J GerlachPresidentFT$194,169$40,548$234,717
Mark A SorrellsSenior Vice PresidentFT$179,063$34,613$213,676
Peter J CeraVice President-InvestmentsFT$162,195$37,309$199,504
Edward P LordVP Programs/Staff AttorneyFT$120,374$32,618$152,992
Patricia Cabe-CantrellVP Prog/Community AssistanceFT$106,032$25,708$131,740
Beth A EdmondsonControllerPT$98,339$24,912$123,251
Britt CobbDirector-$1,352-$1,352
Jerome VickDirector-$1,352-$1,352
Murchison BiggsDirector-$1,352-$1,352
Randy IsenhowerDirector- Vice Chair-$1,352-$1,352
S Lawrence DavenportDirector-$1,352-$1,352
Billy Ray HallDirector-$1,144-$1,144
Carolyn JusticeDirector-$1,144-$1,144
Johnathan Rhyne JrDirector-$1,144-$1,144
Ralph Strayhorn IIIDirector-$1,144-$1,144
Thomas J Hester JrDirector-Secretary-$1,040-$1,040
David L RoseDirector-$936-$936
David M StoverDirector-Assistant Secretary-$728-$728
Barry Z DodsonDirector-Board ChairPT$624-$624

Board Members and Trustees

NameTitle
Claudine GibsonDirector
Ruth SamuelsonDirector
Donald E FlowDirector-Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Silchester International InvestorsInvestment Mngmt780 Third Ave 42nd floor, New York, NY 10017$490,666
DrzInvestment Mngmt250 Park Ave South suite 250, Winter Park, FL 32789$445,865
Prime Buchholz Associates IncInvest. consulting25 Chestnut Street, Portsmouth, NH 03801$310,214
BNY Mellon Asset ServicingInvestment CustodialBNY Mellon Center, Pittsburgh, PA 15258$305,694
Stralem Company IncInvestment Mngmt645 madison ave 13th floor, New York, NY 10022$237,254
Revenue and Support

Revenue Composition

Contributions and Grants
$11,212,167
Program Service Revenue
$0
Investment Income
$20,066,009
Other Revenue
$3,332
All Other Contributions
$1,212,167
Change in Net Assets
$-7,823,171

Audited Revenue Reconciliation

Revenue per Audited Statements
$28,838,538
Revenue Not Reported on Financial Statements
$2,442,970
Revenue Not Reported on Form 990
$-21,830,949
Total Revenue per Audited Statements
$7,007,589
Total Revenue per Form 990
$31,281,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$34,160,735
Other Expenses$3,000,645
Salaries, Compensation, and Employee Benefits$1,943,299
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$34,160,735--$34,160,735
Fees for Service Investment Mgmnt Fees-$2,442,970$0$2,442,970
Current Officers, Directors, Trustees, and Key Employees$533,217$457,501$0$990,718
Other Salaries and Wages$481,983$165,649$0$647,632
Other Employee Benefits$85,717$52,951$0$138,668
Fees for Services Legal-$129,255$0$129,255
Payroll Taxes$65,692$36,013$0$101,705
Occupancy-$76,505$0$76,505
Pension Plan Contributions$47,922$16,654$0$64,576
Fees for Services Accounting-$63,265$0$63,265
Information Technology-$58,722$0$58,722
Travel$37,406$4,163$0$41,569
Office Expenses-$37,220$0$37,220
Insurance-$18,746$0$18,746
Conferences and Meetings$18,635-$0$18,635
Other Expenses-$10,036-$10,036
Advertising-$3,548$0$3,548
All Other Expenses-$2,837-$2,837
Total Functional Expenses$35,431,307$3,673,372$0$39,104,679

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$39,104,679
Expenses per Audited Statements$30,240,532
Total Expenses per Audited Statements$30,240,532
Expenses Not Reported on Financial Statements$8,864,147
Other Expense Adjustments$6,421,177
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Town of ClaytonClayton, NCGov't entitySee Part Iv$4,000,000
NC State Education Asst AuthResearch Trngl Pk, NCGov't entitySee Part Iv$2,356,000
Ctr for Creative LeadershipGreensboro, NCGov't EntitySee Part Iv$1,810,797
Jones County GovernmentTrenton, NCGov't EntitySee Part Iv$1,500,000
Pamlico CountyBayboro, NCGov't entitySee Part Iv$1,200,000
Tri-County Community CollegeMurphy, NCGov't EntitySee Part Iv$1,200,000
Transylvania CountyBrevard, NCGov't entitySee Part Iv$1,100,000
City of BelmontBelmont, NCGov't EntitySee Part Iv$1,098,000
Blue Ridge Community CollegeFlat Rock, NCEducationSee Part Iv$1,087,500
Junaluska Sanitary DistrictLake Junaluska, NCGov't EntitySee Part Iv$1,000,000
Jackson County Public SchoolsSylva, NCGov't EntitySee Part Iv$850,000
NC Community College SystemRaleigh, NCGov't EntitySee Part Iv$750,000
Town of SpindaleSpindale, NCGov't entitySee Part Iv$727,116
Isothermal Community CollegeSpindale, NC501(c)(3)See Part Iv$717,884
Blue Ridge Community CollegeFlat Rock, NCEducationSee Part Iv$550,000
Macon County SchoolsFranklin, NCGov't EntitySee Part Iv$550,000
City of New BernNew Bern, NCGov't EntitySee Part Iv$549,000
Duplin County SchoolsKenansville, NCGov't EntitySee Part Iv$530,000
Craven County SchoolsNew Bern, NCGov't EntitySee Part Iv$520,000
Lenoir County Public SchoolsKinston, NCGov't EntitySee Part Iv$515,000
Brunswick CountyBolivia, NCGov't EntitySee Part Iv$500,000
Madison County Public SchoolsMarshall, NCEducationSee Part Iv$500,000
Wayne Community CollegeGoldsboro, NCGov't EntitySee Part Iv$500,000
Town of Mars HillMars Hill, NCGov't entitySee Part Iv$487,650
Richmond County GovernmentRockingham, NCGov't entitySee Part Iv$475,000
Tuckaseigee Water & SewerSylva, NCGov't entitySee Part Iv$460,800
Rutherford County GovernmentRutherfordton, NCGov't entitySee Part Iv$415,000
Asheville-Buncombe Tech CCAsheville, NCEducationSee Part Iv$410,000
Carteret Co Public School SysBeaufort, NCGov't EntitySee Part Iv$377,800
Murphy Medical CenterMurphy, NC501(c)(3)See Part Iv$375,000
Southwestern Comm CollegeSylva, NCEducationSee Part Iv$370,000
Greene County SchoolsSnow Hill, NCEducationSee Part Iv$350,000
Onslow County SchoolsJacksonville, NCGov't EntitySee Part Iv$332,500
County of DuplinKenansville, NCGov't EntitySee Part Iv$325,000
Yancey CountyBurnsville, NCGov't EntitySee Part Iv$300,000
City of MonroeMonroe, NCGov't EntitySee Part Iv$280,000
NC Global Transpark AuthorityKinston, NCGov't entitySee Part Iv$251,800
Alamance Community CollegeGraham, NCEducationSee Part Iv$200,000
Camden County GovernmentCamden, NCGov't EntitySee Part Iv$200,000
Catawba Valley CCHickory, NCEducationSee Part Iv$200,000
Henderson County Public SchHendersonville, NCGov't EntitySee Part Iv$200,000
Hyde County SchoolsSwan Quarter, NCGov't EntitySee Part Iv$200,000
NC State UniversityRaleigh, NCEducationSee Part Iv$200,000
NC State UniversityRaleigh, NCEducationSee Part Iv$200,000
Pasquotank Public SchoolsElizabeth City, NCGov't EntitySee Part Iv$200,000
Roanoke Chowan Com Health CtrAhoskie, NC501(c)(3)See Part Iv$200,000
Stokes County SchoolsDanbury, NCGov't EntitySee Part Iv$200,000
Surry CC FouNdation IncDobson, NC501(c)(3)See Part Iv$200,000
Teach for AmericaDurham, NC501(c)(3)See Part Iv$200,000
NC State Univ-Friday InstRaleigh, NCEducationSee Part Iv$199,873
Yadkin Co Econ Dev PtrshpYadkinville, NC501(c)(3)See Part Iv$199,750
Alamance-Burlington Sch SysBurlington, NCGov't EntitySee Part Iv$196,396
BRITE at NC Central UnivDurham, NCGov't EntitySee Part Iv$185,000
Lenoir Community CollegeKinston, NCGov't EntitySee Part Iv$180,000
Weldon City SchoolsHalifax, NCGov't EntitySee Part Iv$175,000
NC Business Cmte for EducRaleigh, NC501(c)(3)See Part Iv$163,118
Halifax CountyHalifax, NCGov't EntitySee Part Iv$150,000
Springboard NC IncRocky Mount, NC501(c)(3)See Part Iv$150,000
Carteret CC Foundation IncMorehead City, NC501(c)(3)See Part Iv$140,000
The Ocracoke Foundation IncOcracoke, NC501(c)(3)See Part Iv$137,000
City of LumbertonLumberton, NCGov't EntitySee Part Iv$120,000
The Univ of NC at Chapel HillChapel Hill, NCEducationSee Part Iv$120,000
NC School of Science and MathChapel Hill, NCEducationSee Part Iv$115,000
Brevard CollegeBrevard, NC501(c)(3)See Part Iv$75,000
Nussbaum Ctr EntrepreneurshipGreensboro, NC501(c)(3)See Part Iv$67,517
Columbus CountyWhiteville, NCGov't EntitySee Part Iv$65,234

International Summary

Spending
$274,281,633

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments---$186,957,419
North AmericaInvestments---$44,764,606
Europe (Including Iceland and Greenland)Investments---$42,559,608
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

APPROVAL OF GOVERNING BODY DECiSIONS - FORM 990, PART VI, LINE 6,7A and 7B

“The foundation is governed by a board of directions comprised of fifteen directors. Five directors are appointed by the governor of the state of north carolina. Five directors are appointed by the president pro tempore of the north carolina senate. five directors are appointed by the speaker of the north carolina house of representatives.”

Form 990 Review Process - Form 990, Part VI, Line 11B

“A copy of Form 990 was provided to each member of the foundation's board of directors. The audit committee of the board reviewed the Form 990 and, prior to its filing, recommended approval to the full board.”

Conflicts of Interest - Form 990, Part VI, Line 12C

“The foundation'S board of directors and committees meet approximately six times per year. At each such meeting, or group of meetings, directors are asked to confirm their disclosure or make any new disclosures. When a director discloses an interest in a proposed transaction, the director does not participate in the discussion concerning, or the vote upon, the proposed transaction.”

Determining Compensation - Form 990, Part VI, Line 15

“The personnel committee of the board of directors reviewed salary and benefit information for positions comparable to the president at other north carolina foundations and endowments and reviewed the results of a salary study of nonprofit salaries prior to making a recommendation to the board regarding the president's salary and benefits. The board approved the salary and benefits of the president.”

Availability of Other Documents - Form 990, Part VI, Line 19

“The organization makes its governing documents and conflict of interest policy available upon request. The financial statements are made available on the organization's website and upon request.”

Disposal of Assets - Form 990, Part VI, Line 7B

“The foundation may not dispose of assets pursuant to the provisions of section 55a-12-02 of the north carolina general statutes without the approval of the north carolina general assembly. The foundation may not amend its articles of incorporation without the approval of the north carolina general assembly.”

Filing and Contact Details

Filer

Filer Name
The Golden LEAF Inc
EIN
52-2204473
In Care Of
% BETH EDMONDSON
Phone
2524427474
Address
301 N Winstead Avenue, Rocky Mount, NC 27804

Signing Officer

Name
Daniel J Gerlach
Title
President
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel J Gerlach
Formed
1999
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
16
Volunteers
0

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 8TH FLOOR, MCLEAN, VA 22102
Preparer
Marc Berger
Phone
7038930600
Supplemental Narrative

Additional Explanations

Changes in Net Assets - Form 990, Part XI, Line 9

“Cancelled grants 6,421,177”

Oversight/selection Process - Form 990, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

Form 990, Schedule D, Part XII, Line 4B

“Cancelled grants $6,241,177”

Raw XML AppendixShowing 400 of 1,505 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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IRS990/ContractorCompensationGrp/ContractorName/PersonNm1Silchester International Investors
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2Prime Buchholz Associates Inc
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IRS990/Desc0The primary purpose for which this Corporation was formed is to promote the social welfare and lessen the burdens of government by receiving and distributing funds to be used to provide economic impact assistance to economically affected or tobacco-dependent regions of North Carolina. In accordance with the consent decree and final judgment in state of north Carolina V. Phillip Morris Incorporated, ET AL., 98 CVS 14377. Activities in which the corporation may engage in the state of North Carolina include, but are not limited to, the following: 1. Education Assistance- provision of funds for educational programs for tobacco farmers and other workers impacted or projected to be impacted by the decline in demand for and/or production of tobacco or tobacco products. 2.Job training and employment assistance - Provision of loans and grants, to be used for job training and other employment-related programs to organizations assisting tobacco farmers and other workers dependent on tobacco farming, production and sales to transition to other sources of income. 3.Scientific research - Provision of funding for scientific research to develop new uses for tobacco or for the development of alternative cash crops. 4.Economic hardship assistance - Provision of direct grants, loans and other assistance programs to alleviate economic hardship, poverty or need experienced by tobacco farmers, quota owners, their families and others as a result of decline in quota and/or production of tobacco or tobacco products. 5.Public works and industrial recruitment - Provision of grants and loans to local governments for upgrading utilities, transportation, and other public service infrastructure to attract new businesses or for more general economic development purposes. 6.Health and human services - Provision of funding for improved health care and other social services needed to maintain the stability of tobacco-dependent communities. 7.Community assistance - Provision of direct grants and loans to economically depressed and deteriorating tobacco-dependent communities to be used exclusively for public purposes.
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IRS990/Form990PartVIISectionAGrp/PersonNm20Patricia Cabe-Cantrell
IRS990/Form990PartVIISectionAGrp/PersonNm21Beth A Edmondson
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Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$916,425,827
Liabilities
$67,996,660
Net assets
$848,429,167
Revenue
$31,281,508
Expenses
$39,104,679
Net income
-$7,823,171
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1,527$200$1,328$172$170$1.67
2024Summary only. Only limited summary data is available for this year.$1,404$246$1,158$79.1$127$48.3
2023Summary only. Only limited summary data is available for this year.$1,292$215$1,078$57.8$63.5$5.78
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,203$219$985$128$133$5.36
2021Summary only. Only limited summary data is available for this year.$1,379$154$1,225$182$142$40.3
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,207$234$973$85.1$79.4$5.77
2019Detailed filing. Detailed filing data is available for this year.$1,193$197$996$104$64.9$39.5
2018Detailed filing. Detailed filing data is available for this year.$1,130$201$929$107$78.7$28.2
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,039$172$867$87.2$139$51.6
2016Detailed filing. Detailed filing data is available for this year.$916$68.0$848$31.3$39.1$7.82
2015Detailed filing. Detailed filing data is available for this year.$941$69.5$872$37.3$40.1$2.81
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$957$75.0$882$42.6$61.8$19.2
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$897$87.7$809$110
2012Summary only. Only limited summary data is available for this year.$793$84.6$709$93.3$67.1$26.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$794$93.0$701$47.7
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $250M-$1B nonprofits