Civic Intelligence

Ron Brown Scholar Fund Fka Cap Charitable Foundation USA

990 • Fiscal year 2023 • EIN 54-1832314

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization Profilewww.ronbrown.org

View Organization Page

2410 Old Ivy Road 200Charlottesville, VA 22903

(804) 964-1588

Siviq Scores

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

Liabilities / Assets

34th percentile

0.07x

Higher debt load relative to assets than 34% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.47x

Higher debt load relative to revenue than 66% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

7th percentile

-43%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

85th percentile

$362,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

51st percentile

6.5%

Faster asset growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-6.8%

Faster revenue growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$22,271,327

Up $1,367,586 (+6.5%) from 2022

Net Assets

Up

$20,672,333

Up $1,048,370 (+5.3%) from 2022

Liabilities

Up

$1,598,994

Up $319,216 (+25%) from 2022

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin7th percentile

Revenue

Down

$3,391,324

Down $245,703 (-6.8%) from 2022

Expenses

Up

$4,860,079

Up $865,290 (+22%) from 2022

Net Income

Down

-$1,468,755

Down $1,110,993 (-311%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$30M$20M$10M$0Assets 2014: $15,764,287Liabilities 2014: $480,202Net Assets 2014: $15,284,0852014Assets 2015: $16,002,167Liabilities 2015: $564,802Net Assets 2015: $15,437,3652015Assets 2016: $16,517,718Liabilities 2016: $597,721Net Assets 2016: $15,919,9972016Assets 2017: $20,072,992Liabilities 2017: $604,945Net Assets 2017: $19,468,0472017Assets 2018: $17,914,915Liabilities 2018: $574,837Net Assets 2018: $17,340,0782018Assets 2019: $19,377,229Liabilities 2019: $669,933Net Assets 2019: $18,707,2962019Assets 2020: $22,480,186Liabilities 2020: $831,217Net Assets 2020: $21,648,9692020Assets 2021: $25,312,598Liabilities 2021: $1,110,902Net Assets 2021: $24,201,6962021Assets 2022: $20,903,741Liabilities 2022: $1,279,778Net Assets 2022: $19,623,9632022Assets 2023: $22,271,327Liabilities 2023: $1,598,994Net Assets 2023: $20,672,3332023Assets 2024: $22,795,225Liabilities 2024: $2,329,900Net Assets 2024: $20,465,3252024

Highlighted filing

2023

Assets$22,271,327
Liabilities$1,598,994
Net Assets$20,672,333
Open 2023 Filing

Operations Trend

Revenue Growth28th percentile

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

$10M$5.0M$0-$5.0MRevenue 2014: $2,320,565Expenses 2014: $2,040,888Net Income 2014: $279,6772014Revenue 2015: $3,086,391Expenses 2015: $2,104,550Net Income 2015: $981,8412015Revenue 2016: $1,828,906Expenses 2016: $2,351,147Net Income 2016: -$522,2412016Revenue 2017: $7,472,850Expenses 2017: $2,517,780Net Income 2017: $4,955,0702017Revenue 2018: $2,999,492Expenses 2018: $3,078,891Net Income 2018: -$79,3992018Revenue 2019: $2,256,191Expenses 2019: $3,172,081Net Income 2019: -$915,8902019Revenue 2020: $4,268,717Expenses 2020: $2,632,562Net Income 2020: $1,636,1552020Revenue 2021: $7,712,005Expenses 2021: $3,157,728Net Income 2021: $4,554,2772021Revenue 2022: $3,637,027Expenses 2022: $3,994,789Net Income 2022: -$357,7622022Revenue 2023: $3,391,324Expenses 2023: $4,860,079Net Income 2023: -$1,468,7552023Revenue 2024: $4,117,367Expenses 2024: $5,614,112Net Income 2024: -$1,496,7452024

Highlighted filing

2023

Revenue$3,391,324
Expenses$4,860,079
Net Income-$1,468,755
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$8,360,626
Mission and Program Overview

Mission

The mission of the Ron Brown Scholar Program is to accelerate the progress of African Americans into the mainstream of leadership in business, education, government, and a wide spectrum of professions while instilling a strong dedication to leadership and public service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$19,590,360$20,391,320▲ $800,960
Savings and Temporary Cash Investments$1,026,731$1,648,776▲ $622,045
Pledges and Grants Receivable$196,667$165,000▼ $31,667
Cash and Non-Interest-Bearing Accounts$89,983$66,231▼ $23,752
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$20,903,741$22,271,327▲ $1,367,586
Other Assets Total-$0-
Liabilities
Grants Payable$866,918$1,176,014▲ $309,096
Other Liabilities$344,583$367,708▲ $23,125
Accounts Payable and Accrued Expenses$68,277$55,272▼ $13,005
Total Liabilities$1,279,778$1,598,994▲ $319,216
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$15,084,057$15,621,357▲ $537,300
Net Assets With Donor Restrictions$4,539,906$5,050,976▲ $511,070
Total Net Assets Fund Balance$19,623,963$20,672,333▲ $1,048,370
Total Liabilities and Net Assets / Fund Balance$20,903,741$22,271,327▲ $1,367,586

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$34,265$34,265
Equipment-$1,988$1,988
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael A MalloryPresident & CEOFT$329,600$32,400$362,000

Board Members and Trustees

NameTitle
Nicole BatesChair
Dane HolmesTrusteeChairman
Meredith EggersVice-Chair
Vanessa EvansAsst Secretary
Brian SiegalSecretary
Jordan GoldbergTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,884,585
Program Service Revenue
$0
Investment Income
$443,410
Other Revenue
$63,329
All Other Contributions
$2,884,585
Change in Net Assets
$-1,468,755

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Securities Publicly Traded$116,464Cost
Total Noncash Contributions$116,464-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,370,624
Revenue Not Reported on Financial Statements
$20,700
Revenue Not Reported on Form 990
$-2,610,566
Other Revenue Adjustments
$20,700
Total Revenue per Audited Statements
$760,058
Total Revenue per Form 990
$3,391,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,718,834
Salaries, Compensation, and Employee Benefits$1,716,405
Other Expenses$1,424,840
Total Fundraising Expense$606,560
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,718,834--$1,718,834
Other Salaries and Wages$946,139$93,335$169,576$1,209,050
Current Officers, Directors, Trustees, and Key Employees$144,800$72,400$144,800$362,000
Travel$188,310$26,923$51,070$266,303
Insurance$130,049$19,757$37,476$187,282
Office Expenses$109,624$12,042$22,843$144,509
Payroll Taxes$70,698$10,740$20,373$101,811
Fees for Services Other$45,810$38,109$13,201$97,120
Fees for Services Accounting-$77,010-$77,010
Fees for Service Investment Mgmnt Fees$58,040$5,623$9,078$72,741
Information Technology$48,066--$48,066
Advertising$37,190$2,518$4,776$44,484
Pension Plan Contributions$30,237$4,594$8,713$43,544
Occupancy$35,176$2,641$4,437$42,254
Other Expenses$19,803$3,008$5,707$28,518
All Other Expenses$10,255$1,525$3,035$14,815
Total Functional Expenses$3,877,835$375,684$606,560$4,860,079

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,860,079
Total Expenses per Form 990$4,860,079
Total Expenses per Audited Statements$4,787,338
Expenses Not Reported on Form 990$-72,741
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred revenue$367,708
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 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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

“Reviewed by Treasurer”

Form 990, Part VI, Section B, Line 12C

“Annual conflict of interest disclosure statement required to be completed and signed by all board members and employees.”

Form 990, Part VI, Section B, Line 15A

“Annual review by compensation committee.”

Form 990, Part VI, Section B, Line 15B

“Annual review by compensation committee.”

Form 990, Part VI, Section C, Line 19

“No documents available to public.”

Filing and Contact Details

Filer

Filer Name
Ron Brown Scholar Fund
EIN
54-1832314
Phone
8049641588
Address
2410 Old Ivy Road 200, Charlottesville, VA 22903

Signing Officer

Name
Michael Mallory
Title
President & CEO
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
De
Voting Board Members
21
Independent Board Members
20
Employees
24

Preparer

Firm
Sabal & Associates
Address
293 Eisenhower Parkway, Livingston, NJ 07039
Preparer
Stuart M Sabal
Phone
9734221040
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Pass-thru entity Highwood Capital Ptrs = -$20700”

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Pass-thru entity Highwood Capital Ptrs $20700”

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IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-32571
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-32571
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02537825
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt015084057
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt015621357
IRS990/NoncashContributionsAmt0116464
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt04437
IRS990/OccupancyGrp/ManagementAndGeneralAmt02641
IRS990/OccupancyGrp/ProgramServicesAmt035176
IRS990/OccupancyGrp/TotalAmt042254
IRS990/OfficeExpensesGrp/FundraisingAmt022843
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012042
IRS990/OfficeExpensesGrp/ProgramServicesAmt0109624
IRS990/OfficeExpensesGrp/TotalAmt0144509
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-20700
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Event Expenses
IRS990/OtherExpensesGrp/Desc1Misc
IRS990/OtherExpensesGrp/Desc2Postage and Shipping
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt034131
IRS990/OtherExpensesGrp/FundraisingAmt169945
IRS990/OtherExpensesGrp/FundraisingAmt27399
IRS990/OtherExpensesGrp/FundraisingAmt35707
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01558
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13901
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23008
IRS990/OtherExpensesGrp/ProgramServicesAmt0243029
IRS990/OtherExpensesGrp/ProgramServicesAmt116099
IRS990/OtherExpensesGrp/ProgramServicesAmt225676
IRS990/OtherExpensesGrp/ProgramServicesAmt319803
IRS990/OtherExpensesGrp/TotalAmt0277160
IRS990/OtherExpensesGrp/TotalAmt187602
IRS990/OtherExpensesGrp/TotalAmt236976
IRS990/OtherExpensesGrp/TotalAmt328518
IRS990/OtherLiabilitiesGrp/BOYAmt0344583
IRS990/OtherLiabilitiesGrp/EOYAmt0367708
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Highwood Capital
IRS990/OtherRevenueMiscGrp/Desc1Other Income
IRS990/OtherRevenueMiscGrp/Desc2Sales-Scholar Names List
IRS990/OtherRevenueMiscGrp/ExclusionAmt019757
IRS990/OtherRevenueMiscGrp/ExclusionAmt1129
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt042500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1129
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt242500
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0943
IRS990/OtherRevenueTotalAmt063329
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0169576
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt093335
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0946139
IRS990/OtherSalariesAndWagesGrp/TotalAmt01209050
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt020373
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010740
IRS990/PayrollTaxesGrp/ProgramServicesAmt070698
IRS990/PayrollTaxesGrp/TotalAmt0101811
IRS990/PensionPlanContributionsGrp/FundraisingAmt08713
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04594
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt030237
IRS990/PensionPlanContributionsGrp/TotalAmt043544
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0196667
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0165000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt03166045
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01148869
IRS990/PYInvestmentIncomeAmt0442173
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01214677
IRS990/PYOtherRevenueAmt028809
IRS990/PYRevenuesLessExpensesAmt0-357762
IRS990/PYSalariesCompEmpBnftPaidAmt01631243
IRS990/PYTotalExpensesAmt03994789
IRS990/PYTotalRevenueAmt03637027
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1468755
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01026731
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01648776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02786121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03166045
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02562699
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03232005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01461152
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013208022
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0475981
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0456831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0307921
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0278840
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0358936
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01878509
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt063329
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt028809
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt088888
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0395016
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt086270
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0662312
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83870
IRS990ScheduleA/PublicSupportPY170Pct00.81380
IRS990ScheduleA/PublicSupportTotal170Amt013208022
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02786121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03166045
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02562699
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03232005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01461152
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013208022
IRS990ScheduleA/TotalSupportAmt015748843
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01988
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01988
IRS990ScheduleD/ExpensesNotReportedAmt0-72741
IRS990ScheduleD/ExpensesSubtotalAmt04860079
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2537825
IRS990ScheduleD/OtherExpensesIncludedAmt0-72741
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034265
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt034265
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0367708
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Deferred revenue
IRS990ScheduleD/OtherRevenueAmt0-72741
IRS990ScheduleD/OtherRevenuesNotIncludedAmt020700
IRS990ScheduleD/RevenueNotReportedAmt0-2610566
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt020700
IRS990ScheduleD/RevenueSubtotalAmt03370624
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Pass-thru entity Highwood Capital Ptrs $20700
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueSecuritiesAmt020391320
IRS990ScheduleD/TotalExpensesPerForm990Amt04860079
IRS990ScheduleD/TotalLiabilityAmt0367708
IRS990ScheduleD/TotalRevenuePerForm990Amt03391324
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0760058
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04787338
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt01961915
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1-295403
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt220000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt39576
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt410000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt51189
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt611557
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarship Grants - Current Yr.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Prior Year Grants Forfeited
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2UVA Award

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,271,327
Liabilities
$1,598,994
Net assets
$20,672,333
Revenue
$3,391,324
Expenses
$4,860,079
Net income
-$1,468,755
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.8$2.33$20.5$4.12$5.61$1.50
2023Detailed filing. Detailed filing data is available for this year.$22.3$1.60$20.7$3.39$4.86$1.47
2022Detailed filing. Detailed filing data is available for this year.$20.9$1.28$19.6$3.64$3.99$0.36
2021Detailed filing. Detailed filing data is available for this year.$25.3$1.11$24.2$7.71$3.16$4.55
2020Detailed filing. Detailed filing data is available for this year.$22.5$0.83$21.6$4.27$2.63$1.64
2019Detailed filing. Detailed filing data is available for this year.$19.4$0.67$18.7$2.26$3.17$0.92
2018Detailed filing. Detailed filing data is available for this year.$17.9$0.57$17.3$3.00$3.08$0.08
2017Detailed filing. Detailed filing data is available for this year.$20.1$0.60$19.5$7.47$2.52$4.96
2016Detailed filing. Detailed filing data is available for this year.$16.5$0.60$15.9$1.83$2.35$0.52
2015Detailed filing. Detailed filing data is available for this year.$16.0$0.56$15.4$3.09$2.10$0.98
2014Detailed filing. Detailed filing data is available for this year.$15.8$0.48$15.3$2.32$2.04$0.28