Civic Intelligence

Education Endowment Fund

990EZ • Fiscal year 2017 • EIN 54-0915942

May 01, 2016 to Apr 30, 2017 • Filed on Jan 12, 2018

Organization ProfileTWCRICHMOND.ORG
211 East Franklin StreetRichmond, VA 23219

(804) 643-2847

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

9th percentile

-44%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

16th percentile

-27%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

40th percentile

-5.2%

Faster revenue growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$4,251

Down $1,579 (-27%) from 2016

Net Assets

Down

$4,251

Down $1,579 (-27%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin9th percentile

Revenue

Down

$3,595

Down $196 (-5.2%) from 2016

Expenses

Up

$5,174

Up $2,479 (+92%) from 2016

Net Income

Down

-$1,579

Down $2,675 (-244%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$15K$10K$5.0K$0Assets 2012: $9,624Liabilities 2012: $02012Assets 2013: $5,128Liabilities 2013: $02013Assets 2014: $10,023Liabilities 2014: $02014Assets 2015: $4,734Liabilities 2015: $0Net Assets 2015: $4,7342015Assets 2016: $5,830Liabilities 2016: $0Net Assets 2016: $5,8302016Assets 2017: $4,251Liabilities 2017: $0Net Assets 2017: $4,2512017Assets 2018: $6,906Liabilities 2018: $0Net Assets 2018: $6,9062018Assets 2019: $6,880Liabilities 2019: $0Net Assets 2019: $6,8802019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$4,251
Liabilities$0
Net Assets$4,251
Open 2017 Filing

Operations Trend

Revenue Growth40th percentile

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

$15K$10K$5.0K$0-$5.0K-$10KRevenue 2012: $7,963Expenses 2012: $2,717Net Income 2012: $5,2462012Revenue 2013: $7,415Expenses 2013: $11,911Net Income 2013: -$4,4962013Revenue 2014: $7,276Expenses 2014: $2,381Net Income 2014: $4,8952014Revenue 2015: $3,854Expenses 2015: $9,143Net Income 2015: -$5,2892015Revenue 2016: $3,791Expenses 2016: $2,695Net Income 2016: $1,0962016Revenue 2017: $3,595Expenses 2017: $5,174Net Income 2017: -$1,5792017Revenue 2018: $5,217Expenses 2018: $2,562Net Income 2018: $2,6552018Revenue 2019: $1,869Expenses 2019: $1,895Net Income 2019: -$262019Revenue 2020: $8Expenses 2020: $6,888Net Income 2020: -$6,8802020

Highlighted filing

2017

Revenue$3,595
Expenses$5,174
Net Income-$1,579
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Jan 12, 2018
Return Version
2016v3.0
Gross Receipts
$3,595
Mission and Program Overview

Mission

The education endowment fund helps graduating high school students or adult-learners in the metro-richmond area attain a better education by providing scholarships.

Program Services

DescriptionGrantsExpenses
PERIODICALLY, THE EDUCATION ENDOWMENT FUND MAKES IRREVOCABLE CONTRIBUTIONS TO THE COMMUNITY FOUNDATION TO SUPPORT EDUCATION SCHOLARSHIPS WHICH ARE AWARDED TO GRADUATING HIGH SCHOOL SENIORS AND ADULT-LEARNERS IN THE METRO RICHMOND AREA. THE COMMUNITY FOUNDATION SELECTS CANDIDATES WHICH ARE PRESENTED TO THE BOARD FOR APPROVAL. CONTRIBUTIONS OF $2,695 WERE MADE TO THE COMMUNITY FOUNDATION DURING THE FISCAL YEAR ENDED APRIL 30, 2017. FIVE SCHOLARSHIPS TOTALING $10,000 WERE AWARDED DURING THE YEAR WHICH WERE PAID FROM THE FUNDS HELD BY THE COMMUNITY FOUNDATION.$2,695$2,695
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADRIENNE S CARNEYPresident-$0--
NANCY C LIPSCOMBSecretary-$0--
ELIZABETH R HARRISONDirector-$0--
JANE H MATTHEWSDirector-$0--
ROSE LANE L NIMMODirector-$0--
Filing and Contact Details

Filer

Filer Name
Education Endowment Fund
EIN
54-0915942
Phone
8046432847
Address
211 EAST FRANKLIN STREET, RICHMOND, VA 23219

Signing Officer

Name
Nancy C Lipscomb
Title
President
Phone
8046432847
Signed
2018-01-12
Discuss with paid preparer
Yes

Preparer

Firm
Hansen Smith Cone & Robertello Pc
Address
9211 FOREST HILL AVENUE SUITE 203, RICHMOND, VA 23235
Preparer
Dale H Cone
Phone
8043303890
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest income . Amount: 4.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: the community foundation. Grantee address: 7501 boulders view dr., suite 110 richmond, va 23225. Property description: cash. Date of gift: 04/30/17. Amount given: 2,695.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: taxes & licenses . Amount: 25.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: pledges receivable. Beg. Of year amount: 50. End of year amount: 0.”

Raw XML Appendix167 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/BusinessName/BusinessNameLine1Txt0THE WOMAN'S CLUB
IRS990EZ/BooksInCareOfDetail/PhoneNum08046432847
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0211 EAST FRANKLIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023219
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05780
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/FiledScheduleAInd01
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ADRIENNE S CARNEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1NANCY C LIPSCOMB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ELIZABETH R HARRISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JANE H MATTHEWS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROSE LANE L NIMMO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt050
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt025
IRS990EZ/OtherRevenueTotalAmt04
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE EDUCATION ENDOWMENT FUND HELPS GRADUATING HIGH SCHOOL STUDENTS OR ADULT-LEARNERS IN THE METRO-RICHMOND AREA ATTAIN A BETTER EDUCATION BY PROVIDING SCHOLARSHIPS.
IRS990EZ/PrintingPublicationsPostageAmt0754
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PERIODICALLY, THE EDUCATION ENDOWMENT FUND MAKES IRREVOCABLE CONTRIBUTIONS TO THE COMMUNITY FOUNDATION TO SUPPORT EDUCATION SCHOLARSHIPS WHICH ARE AWARDED TO GRADUATING HIGH SCHOOL SENIORS AND ADULT-LEARNERS IN THE METRO RICHMOND AREA. THE COMMUNITY FOUNDATION SELECTS CANDIDATES WHICH ARE PRESENTED TO THE BOARD FOR APPROVAL. CONTRIBUTIONS OF $2,695 WERE MADE TO THE COMMUNITY FOUNDATION DURING THE FISCAL YEAR ENDED APRIL 30, 2017. FIVE SCHOLARSHIPS TOTALING $10,000 WERE AWARDED DURING THE YEAR WHICH WERE PAID FROM THE FUNDS HELD BY THE COMMUNITY FOUNDATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02695
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02695
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05174
IRS990EZ/TotalProgramServiceExpensesAmt02695
IRS990EZ/TotalRevenueAmt03595
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0TWCRICHMOND.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt025897
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt034
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99870
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03591
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07400
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt025897
IRS990ScheduleA/TotalSupportAmt025931
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME . AMOUNT: 4.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: THE COMMUNITY FOUNDATION. GRANTEE ADDRESS: 7501 BOULDERS VIEW DR., SUITE 110 RICHMOND, VA 23225. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 04/30/17. AMOUNT GIVEN: 2,695.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: TAXES & LICENSES . AMOUNT: 25.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PLEDGES RECEIVABLE. BEG. OF YEAR AMOUNT: 50. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY C LIPSCOMB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08046432847
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATION ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0540915942
ReturnHeader/Filer/PhoneNum08046432847
ReturnHeader/Filer/USAddress/AddressLine1Txt0211 EAST FRANKLIN STREET
ReturnHeader/Filer/USAddress/CityNm0RICHMOND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023219
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId012D7443BFFFE62728CB77B6D7391F45819E9C482
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D57056B233C02E04BA082CF280D46F1316014411
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.199.26.89
ReturnHeader/FilingSecurityInformation/IPDt02018-01-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm011:04:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541583103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HANSEN SMITH CONE & ROBERTELLO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09211 FOREST HILL AVENUE SUITE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RICHMOND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023235
ReturnHeader/PreparerPersonGrp/PhoneNum08043303890
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DALE H CONE
ReturnHeader/ReturnTs02018-01-16T20:37:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,251
Liabilities
$0
Net assets
$4,251
Revenue
$3,595
Expenses
$5,174
Net income
-$1,579
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$6.89$6.88
2019Detailed filing. Detailed filing data is available for this year.$6.88$0.00$6.88$1.87$1.90$0.03
2018Detailed filing. Detailed filing data is available for this year.$6.91$0.00$6.91$5.22$2.56$2.66
2017Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$3.60$5.17$1.58
2016Detailed filing. Detailed filing data is available for this year.$5.83$0.00$5.83$3.79$2.70$1.10
2015Detailed filing. Detailed filing data is available for this year.$4.73$0.00$4.73$3.85$9.14$5.29
2014Summary only. Only limited summary data is available for this year.$10.0$0.00$7.28$2.38$4.90
2013Summary only. Only limited summary data is available for this year.$5.13$0.00$7.42$11.9$4.50
2012Summary only. Only limited summary data is available for this year.$9.62$0.00$7.96$2.72$5.25