Civic Intelligence

Salem Educational Foundation And

990 • Fiscal year 2017 • EIN 54-1253003

Jan 01, 2017 to Dec 31, 2017 • Filed on May 03, 2018

Organization ProfileSEFANDAA.ORG
PO Box 1461Salem, VA 24153

(540) 389-6021

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$435

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

28th percentile

-4.1%

Faster revenue growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$3,904,254

Up $383,273 (+11%) from 2016

Net Assets

Up

$3,904,254

Up $383,273 (+11%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin92nd percentile

Revenue

Down

$374,331

Down $15,964 (-4.1%) from 2016

Expenses

Up

$171,953

Up $6,422 (+3.9%) from 2016

Net Income

Down

$202,378

Down $22,386 (-10.0%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth69th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $2,410,589Liabilities 2011: $0Net Assets 2011: $2,410,5892011Assets 2012: $2,573,590Liabilities 2012: $0Net Assets 2012: $2,573,5902012Assets 2013: $3,031,132Liabilities 2013: $0Net Assets 2013: $3,031,1322013Assets 2014: $3,209,058Liabilities 2014: $0Net Assets 2014: $3,209,0582014Assets 2015: $3,208,034Liabilities 2015: $0Net Assets 2015: $3,208,0342015Assets 2016: $3,520,981Liabilities 2016: $0Net Assets 2016: $3,520,9812016Assets 2017: $3,904,254Liabilities 2017: $0Net Assets 2017: $3,904,2542017Assets 2018: $3,798,315Liabilities 2018: $0Net Assets 2018: $3,798,3152018Assets 2019: $4,431,901Liabilities 2019: $0Net Assets 2019: $4,431,9012019Assets 2020: $4,723,867Liabilities 2020: $0Net Assets 2020: $4,723,8672020Assets 2021: $5,510,575Liabilities 2021: $0Net Assets 2021: $5,510,5752021Assets 2022: $4,900,844Liabilities 2022: $0Net Assets 2022: $4,900,8442022Assets 2023: $5,301,948Liabilities 2023: $0Net Assets 2023: $5,301,9482023Assets 2024: $5,818,525Liabilities 2024: $0Net Assets 2024: $5,818,5252024

Highlighted filing

2017

Assets$3,904,254
Liabilities$0
Net Assets$3,904,254
Open 2017 Filing

Operations Trend

Revenue Growth28th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $210,403Expenses 2011: $177,594Net Income 2011: $32,8092011Revenue 2012: $164,228Expenses 2012: $129,669Net Income 2012: $34,5592012Revenue 2013: $296,697Expenses 2013: $201,115Net Income 2013: $95,5822013Revenue 2014: $189,565Expenses 2014: $361,800Net Income 2014: -$172,2352014Revenue 2015: $281,950Expenses 2015: $213,912Net Income 2015: $68,0382015Revenue 2016: $390,295Expenses 2016: $165,531Net Income 2016: $224,7642016Revenue 2017: $374,331Expenses 2017: $171,953Net Income 2017: $202,3782017Revenue 2018: $278,652Expenses 2018: $187,998Net Income 2018: $90,6542018Revenue 2019: $176,075Expenses 2019: $178,769Net Income 2019: -$2,6942019Revenue 2020: $94,227Expenses 2020: $135,659Net Income 2020: -$41,4322020Revenue 2021: $333,099Expenses 2021: $193,328Net Income 2021: $139,7712021Revenue 2022: $302,441Expenses 2022: $231,354Net Income 2022: $71,0872022Revenue 2023: $287,998Expenses 2023: $225,715Net Income 2023: $62,2832023Revenue 2024: $431,926Expenses 2024: $250,796Net Income 2024: $181,1302024

Highlighted filing

2017

Revenue$374,331
Expenses$171,953
Net Income$202,378
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 3, 2018
Return Version
2017v2.2
Gross Receipts
$692,862
Mission and Program Overview

Mission

Develop endowments with contributions from graduates of salem high school and other interested parties; encourage salem high school graduates to continue their educations by providing scholarships; create an alumni hall of fame to recognize salem high school graduates'outstanding achievements; promote the principles of good citizenship; encourage service-minded people to serve their community without personal financial reward.

Develop and maintain endowments with contributions from graduates of salem high school and other interested parties. Provide scholarships for graduating seniors of salem high school. Create an alumni hall of fame to recognize outstanding achievements by graduates of salem high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,305,049$3,735,763▲ $430,714
Rtn Earn Endowment Incm Other Fnds$312,947$696,220▲ $383,273
Savings and Temporary Cash Investments$215,932$168,491▼ $47,441
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,520,981$3,904,254▲ $383,273
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,520,981$3,904,254▲ $383,273
Total Liabilities and Net Assets / Fund Balance$3,520,981$3,904,254▲ $383,273

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$3,735,763--
Compensation and Service Providers
Top Officer Pay35th percentile

Employees

NameTitleBaseTotal
Missy LovingDirector & Secretary$435$435

Board Members and Trustees

NameTitle
Thomas M Mcdonald IiiDirector & President
Dr N Wayne TrippDirector & Vice President
Betsy B McclearnDirector
Buddy WardDirector
Chance CrawfordDirector
Christine L PoarchDirector
Douglas C DoweDirector
Dr Alan SeibertDirector
Dr Forest Jones JrDirector
Dr Griffin CrossDirector
Edward W LautenschlagerDirector
Jamie GarstDirector
John C GivensDirector
John Lamanca JrDirector
Kelly DelaskiDirector
Mg James ArcherDirector
Rev Adrian E DowellDirector
Robyn Smith EllisDirector
Wayne AtkinsDirector
James a RobertsonDirector & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$108,788
Program Service Revenue
$0
Investment Income
$265,543
Other Revenue
$0
All Other Contributions
$108,788
Change in Net Assets
$202,378
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$147,239
Other Expenses$24,279
Total Fundraising Expense$1,150
Salaries, Compensation, and Employee Benefits$435
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$147,239--$147,239
Fees for Service Investment Mgmnt Fees-$17,276-$17,276
Fees for Services Accounting-$2,000-$2,000
Occupancy-$173$1,150$1,323
Office Expenses-$1,211-$1,211
Insurance-$1,114-$1,114
Current Officers, Directors, Trustees, and Key Employees-$435-$435
Other Expenses-$25-$25
Total Functional Expenses$147,239$23,564$1,150$171,953
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
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, Part VI, Section B, Line 11B

“The form 990 will be distributed to the board of directors at the may 2018 meeting. The form 990 is reviewed (and adjusted if needed)and approved by the board of directors for filing.”

Form 990, Part VI, Section C, Line 19

“The organization provides requested returns, financial statemnts or governing documents to the public available upon request directed through our website (www.sefandaa.org) or by inquiry to any officer or director or by contacting the city of salem schools administrative offices.”

Filing and Contact Details

Filer

Filer Name
Salem Educational Foundation and
EIN
54-1253003
Phone
5403896021
Address
PO BOX 1461, SALEM, VA 24153

Signing Officer

Name
James a Robertson
Title
Treasurer
Phone
5403896021
Signed
2018-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas M Mcdonald Iii
Formed
1983
Legal Domicile
Va
Voting Board Members
21
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
319 MCCLANAHAN STREET SW, ROANOKE, VA 24014
Preparer
Charles F Equi Jr CPA
Phone
5403450936
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IRS990/ActivityOrMissionDesc0DEVELOP AND MAINTAIN ENDOWMENTS WITH CONTRIBUTIONS FROM GRADUATES OF SALEM HIGH SCHOOL AND OTHER INTERESTED PARTIES. PROVIDE SCHOLARSHIPS FOR GRADUATING SENIORS OF SALEM HIGH SCHOOL. CREATE AN ALUMNI HALL OF FAME TO RECOGNIZE OUTSTANDING ACHIEVEMENTS BY GRADUATES OF SALEM HIGH SCHOOL.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR & VICE PRESIDENT
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt070012
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03305049
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03735763
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0318531
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DEVELOP ENDOWMENTS WITH CONTRIBUTIONS FROM GRADUATES OF SALEM HIGH SCHOOL AND OTHER INTERESTED PARTIES; ENCOURAGE SALEM HIGH SCHOOL GRADUATES TO CONTINUE THEIR EDUCATIONS BY PROVIDING SCHOLARSHIPS; CREATE AN ALUMNI HALL OF FAME TO RECOGNIZE SALEM HIGH SCHOOL GRADUATES'OUTSTANDING ACHIEVEMENTS; PROMOTE THE PRINCIPLES OF GOOD CITIZENSHIP; ENCOURAGE SERVICE-MINDED PEOPLE TO SERVE THEIR COMMUNITY WITHOUT PERSONAL FINANCIAL REWARD.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03520981
IRS990/NetAssetsOrFundBalancesEOYAmt03904254
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0195531
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0195531
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0180895
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01150
IRS990/OccupancyGrp/ManagementAndGeneralAmt0173
IRS990/OccupancyGrp/TotalAmt01323
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01211
IRS990/OfficeExpensesGrp/TotalAmt01211
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BANK FEES
IRS990/OtherExpensesGrp/Desc1FOREIGN TAXES
IRS990/OtherExpensesGrp/Desc2STATE CORPORATION FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0784
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1546
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225
IRS990/OtherExpensesGrp/TotalAmt0784
IRS990/OtherExpensesGrp/TotalAmt1546
IRS990/OtherExpensesGrp/TotalAmt225
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0THOMAS M MCDONALD III
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0221296
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0145659
IRS990/PYInvestmentIncomeAmt0168999
IRS990/PYOtherExpensesAmt019872
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0224764
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0165531
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0390295
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0202378
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0312947
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0696220
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0215932
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0168491
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER PROGRAM SERVICE INCOME
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0108788
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0221296
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0210535
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0135019
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0243942
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0919580
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0279580
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0168999
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt065740
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt054546
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt052755
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0621620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0279580
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0168999
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt065740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt054546
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt052755
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0621620
IRS990ScheduleA/InvestmentIncomeCYPct00.40190
IRS990ScheduleA/InvestmentIncomePYPct00.29760
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05675
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05675
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.59450
IRS990ScheduleA/PublicSupportPY509Pct00.69520
IRS990ScheduleA/PublicSupportTotal509Amt0919580
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0108788
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0221296
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0210535
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0135019
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0243942
IRS990ScheduleA/Total509Grp/TotalAmt0919580
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0388368
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0390295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0281950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0189565
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0296697
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01546875
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03735763
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CATAWBA CAPITAL
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt03735763
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0147239
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR SALEM HIGH SCHOOL GRADUATES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0145
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RECIPIENTS MUST EITHER 1) HAVE THE COLLEGE OR UNIVERSITY FINANCIAL AID OFFICE BILL THE ORGANIZATION FOR THE AMOUNT OF THE SCHOLARSHIP AND CERTIFY THAT THE STUDENT IS ENROLLED IN THE INSTITUTION, OR 2) PROVIDE THE ORGANIZATION WITH PAID RECEIPTS FOR EDUCATIONAL EXPENSES (TUITION, ROOM AND BOARD, BOOKS, COMPUTERS, ETC.).
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS AT THE MAY 2018 MEETING. THE FORM 990 IS REVIEWED (AND ADJUSTED IF NEEDED)AND APPROVED BY THE BOARD OF DIRECTORS FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES REQUESTED RETURNS, FINANCIAL STATEMNTS OR GOVERNING DOCUMENTS TO THE PUBLIC AVAILABLE UPON REQUEST DIRECTED THROUGH OUR WEBSITE (WWW.SEFANDAA.ORG) OR BY INQUIRY TO ANY OFFICER OR DIRECTOR OR BY CONTACTING THE CITY OF SALEM SCHOOLS ADMINISTRATIVE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03520981
IRS990/TotalAssetsEOYAmt03904254
IRS990/TotalAssetsGrp/BOYAmt03520981
IRS990/TotalAssetsGrp/EOYAmt03904254
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0108788
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01150
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023564
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0147239

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$3,904,254
Liabilities
$0
Net assets
$3,904,254
Revenue
$374,331
Expenses
$171,953
Net income
$202,378
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.82$0.00$5.82$0.43$0.25$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.00$5.30$0.29$0.23$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.00$4.90$0.30$0.23$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.51$0.00$5.51$0.33$0.19$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.72$0.00$4.72$0.09$0.14$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.43$0.00$4.43$0.18$0.18$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.00$3.80$0.28$0.19$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$0.37$0.17$0.20
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$0.00$3.52$0.39$0.17$0.22
2015Summary only. Only limited summary data is available for this year.$3.21$0.00$3.21$0.28$0.21$0.07
2014Summary only. Only limited summary data is available for this year.$3.21$0.00$3.21$0.19$0.36$0.17
2013Summary only. Only limited summary data is available for this year.$3.03$0.00$3.03$0.30$0.20$0.10
2012Summary only. Only limited summary data is available for this year.$2.57$0.00$2.57$0.16$0.13$0.03
2011Summary only. Only limited summary data is available for this year.$2.41$0.00$2.41$0.21$0.18$0.03