Civic Intelligence

Education Endowment Fund

990EZ • Fiscal year 2018 • EIN 54-0915942

May 01, 2017 to Apr 30, 2018 • Filed on Jan 11, 2019

Organization ProfileWWW.TWCRICHMOND.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

54th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

87th percentile

62%

Faster asset growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

85th percentile

45%

Faster revenue growth than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$6,906

Up $2,655 (+62%) from 2017

Net Assets

Up

$6,906

Up $2,655 (+62%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin92nd percentile

Revenue

Up

$5,217

Up $1,622 (+45%) from 2017

Expenses

Down

$2,562

Down $2,612 (-50%) from 2017

Net Income

Up

$2,655

Up $4,234 (+268%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth87th 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

2018

Assets$6,906
Liabilities$0
Net Assets$6,906
Open 2018 Filing

Operations Trend

Revenue Growth85th 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

2018

Revenue$5,217
Expenses$2,562
Net Income$2,655
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Jan 11, 2019
Return Version
2017v2.3
Gross Receipts
$5,217
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.

The education endowment fund hleps 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 $0 WERE MADE TO THE COMMUNITY FOUNDATION DURING THE CURRENT YEAR. FIVE SCHOLARSHIPS TOTALING $10,000 WERE AWARDED DURING THE YEAR WHICH WERE PAID FROM THE FUNDS HELD BY THE COMMUNITY FOUNDATION.$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
CATHERINE M MELTONDirector-$0--
ALETA B RICHARDSDirector-$0--
JOANIE W ROBINSDirector-$0--
NANCY C LIPSCOMBPresident-$0--
HILARY H LONGSecretary-$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 Lipscomb
Title
President
Phone
8046432847
Signed
2019-01-11

Preparer

Firm
Frank Barcalow CPA Pllc
Address
108 WESTCHESTER, WILLIAMSBURG, VA 23188
Phone
7572206626
Supplemental Narrative

Additional Explanations

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

“Description: interest income. Amount: 6.”

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

“Description: taxes and fees. Amount: 25.”

Raw XML Appendix157 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 ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum08046432847
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0211 EAST FRANKLIN STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023219
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04251
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06906
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt05211
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt02655
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01800
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt06906
IRS990EZ/GrossReceiptsAmt05217
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CATHERINE M MELTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ALETA B RICHARDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOANIE W ROBINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NANCY C LIPSCOMB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4HILARY H LONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt025
IRS990EZ/OtherRevenueTotalAmt06
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE EDUCATION ENDOWMENT FUND HLEPS GRADUATING HIGH SCHOOL STUDENTS OR ADULT-LEARNERS IN THE METRO-RICHMOND AREA ATTAIN A BETTER EDUCATION BY PROVIDING SCHOLARSHIPS.
IRS990EZ/PrintingPublicationsPostageAmt0737
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 $0 WERE MADE TO THE COMMUNITY FOUNDATION DURING THE CURRENT YEAR. FIVE SCHOLARSHIPS TOTALING $10,000 WERE AWARDED DURING THE YEAR WHICH WERE PAID FROM THE FUNDS HELD BY THE COMMUNITY FOUNDATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
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/TotalExpensesAmt02562
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt05217
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.TWCRICHMOND.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05211
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03591
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03845
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt023708
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99890
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05211
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03591
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03845
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07273
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IRS990ScheduleA/TotalSupportAmt023733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 6.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TAXES AND FEES. AMOUNT: 25.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY LIPSCOMB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08046432847
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-11
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/AtSubmissionCreationDeviceId00F611C3E63C31B89591CDC4CD7B5EC8E40D58D0D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId00F611C3E63C31B89591CDC4CD7B5EC8E40D58D0D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.254.225.195
ReturnHeader/FilingSecurityInformation/IPDt02019-01-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm011:41:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0455310918
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANK BARCALOW CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0108 WESTCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLIAMSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023188
ReturnHeader/PreparerPersonGrp/PhoneNum07572206626
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-06
ReturnHeader/ReturnTs02019-01-11T10:41:14-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-05-01
ReturnHeader/TaxPeriodEndDt02018-04-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,906
Liabilities
$0
Net assets
$6,906
Revenue
$5,217
Expenses
$2,562
Net income
$2,655
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