Civic Intelligence

Norfolk Collegiate Educational Foundation Inc.

990 • Fiscal year 2017 • EIN 54-1893594

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

7336 Granby StreetNorfolk, VA 23505

(757) 480-2885

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

34th percentile

-2.9%

Higher net margin than 34% 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

2nd percentile

-95%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

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

Assets

Down

$304

Down $5,801 (-95%) from 2016

Net Assets

Down

$304

Down $5,801 (-95%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$198,096

Up $37,136 (+23%) from 2016

Expenses

Up

$203,897

Up $29,254 (+17%) from 2016

Net Income

Up

-$5,801

Up $7,882 (+58%) from 2016

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $665,001Liabilities 2010: $238,509Net Assets 2010: $426,4922010Assets 2011: $2,669Liabilities 2011: $0Net Assets 2011: $2,6692011Assets 2012: $1,442Liabilities 2012: $0Net Assets 2012: $1,4422012Assets 2013: $12,346Liabilities 2013: $2,878Net Assets 2013: $9,4682013Assets 2014: $5,378Liabilities 2014: $0Net Assets 2014: $5,3782014Assets 2015: $19,788Liabilities 2015: $0Net Assets 2015: $19,7882015Assets 2016: $6,105Liabilities 2016: $0Net Assets 2016: $6,1052016Assets 2017: $304Liabilities 2017: $0Net Assets 2017: $3042017Assets 2018: $5,886Liabilities 2018: $0Net Assets 2018: $5,8862018Assets 2019: $41,945Liabilities 2019: $0Net Assets 2019: $41,9452019Assets 2020: $6,975Liabilities 2020: $0Net Assets 2020: $6,9752020Assets 2021: $1,061Liabilities 2021: $1,200Net Assets 2021: -$1392021Assets 2022: $18,955Liabilities 2022: $7,600Net Assets 2022: $11,3552022Assets 2023: $12,648Liabilities 2023: $9,100Net Assets 2023: $3,5482023Assets 2024: $11,290Liabilities 2024: $0Net Assets 2024: $11,2902024

Highlighted filing

2017

Assets$304
Liabilities$0
Net Assets$304

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $20,0002010Expenses 2011: $423,7282011Expenses 2012: $12,5802012Expenses 2013: $98,0782013Revenue 2014: $166,146Expenses 2014: $170,236Net Income 2014: -$4,0902014Revenue 2015: $157,504Expenses 2015: $143,094Net Income 2015: $14,4102015Revenue 2016: $160,960Expenses 2016: $174,643Net Income 2016: -$13,6832016Revenue 2017: $198,096Expenses 2017: $203,897Net Income 2017: -$5,8012017Revenue 2018: $282,040Expenses 2018: $276,458Net Income 2018: $5,5822018Revenue 2019: $201,437Expenses 2019: $165,378Net Income 2019: $36,0592019Revenue 2020: $98,087Expenses 2020: $133,057Net Income 2020: -$34,9702020Revenue 2021: $1Expenses 2021: $7,115Net Income 2021: -$7,1142021Revenue 2022: $19,092Expenses 2022: $7,598Net Income 2022: $11,4942022Revenue 2023: $55Expenses 2023: $7,862Net Income 2023: -$7,8072023Revenue 2024: $15,806Expenses 2024: $8,064Net Income 2024: $7,7422024

Highlighted filing

2017

Revenue$198,096
Expenses$203,897
Net Income-$5,801
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$198,096
Mission and Program Overview

Mission

Fundraising for providing scholarship assistance for low-income & impoverished students, maintenance of endowment funds, & distribution of funds to such other organizations described in section 501(c)(3) of the internal revenue code to further the exempt purpose of the organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$6,105$304▼ $5,801
Total Assets$6,105$304▼ $5,801
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$6,105$304▼ $5,801
Total Net Assets Fund Balance$6,105$304▼ $5,801
Total Liabilities and Net Assets / Fund Balance$6,105$304▼ $5,801
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betsy MasonPresident
Henry U Harris IiiVice President
William W KingVice President
Neal P BrodskySecretary
Gary D BonnewellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$198,089
Program Service Revenue
$0
Investment Income
$7
Other Revenue
$0
All Other Contributions
$198,089
Change in Net Assets
$-5,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$198,009
Other Expenses$5,888
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$198,009--$198,009
Fees for Services Accounting$5,500--$5,500
Other Expenses$388--$388
Total Functional Expenses$203,897$0$0$203,897
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Norfolk Collegiate SchoolNorfolk, VA501(c)(3)Scholarships$192,500
Boonsboro Elementary SchoolLynchburg, VA501(c)(3)Scholarships$5,509
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
Yes
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The foundation has board members.

Form 990, Part VI, Section A, Line 7A

The foundation has members who may elect other members.

Form 990, Part VI, Section A, Line 7B

The decisions of the board are subject to approval by the memebers of the board.

Form 990, Part VI, Section B, Line 11B

The board reviews the 990 before submitting.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Norfolk Collegiate Educational
EIN
54-1893594
Phone
7574802885
Address
7336 GRANBY STREET, NORFOLK, VA 23505

Signing Officer

Name
Betsy N Mason
Title
Vice President
Phone
7574802885
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betsy Mason
Formed
1997
Legal Domicile
Va
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Wall Einhorn & Chernitzer Pc
Address
150 W MAIN ST SUITE 1200, NORFOLK, VA 23510
Preparer
Angela Kerns
Phone
7576254700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. Internal revenue code section 513(a) defines an unrelated trade of business of an exempt organization as any trade or business which is not substantially related to the exercise or performance of its exempt purpose. Currently the organization has no obligation for any unrelated business income tax. The foundation believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements; however any penalties and interest incurred as a result of uncertain tax positions would be recorded in miscellaneous and interest expense, respectively.

Raw XML Appendix380 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FUNDRAISING FOR PROVIDING SCHOLARSHIP ASSISTANCE FOR LOW-INCOME & IMPOVERISHED STUDENTS, MAINTENANCE OF ENDOWMENT FUNDS, & DISTRIBUTION OF FUNDS TO SUCH OTHER ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
IRS990/AllOtherContributionsAmt0198089
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSEPH COLLINS
IRS990/BooksInCareOfDetail/PhoneNum07574802885
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07336 GRANBY STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORFOLK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd023505
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0198089
IRS990/CYGrantsAndSimilarPaidAmt0198009
IRS990/CYInvestmentIncomeAmt07
IRS990/CYOtherExpensesAmt05888
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-5801
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0203897
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0198096
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GRANTS TO SCHOOLS FOR NEED-BASED FINANCIAL AID.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0203897
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05500
IRS990/FeesForServicesAccountingGrp/TotalAmt05500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0BETSY MASON
IRS990/Form990PartVIISectionAGrp/PersonNm1HENRY U HARRIS III
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM W KING
IRS990/Form990PartVIISectionAGrp/PersonNm3GARY D BONNEWELL
IRS990/Form990PartVIISectionAGrp/PersonNm4NEAL P BRODSKY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0198009
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0198009
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0198009
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0198096
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt07
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FUNDRAISING FOR PROVIDING SCHOLARSHIP ASSISTANCE FOR LOW-INCOME & IMPOVERISHED STUDENTS, MAINTENANCE OF ENDOWMENT FUNDS, & DISTRIBUTION OF FUNDS TO SUCH OTHER ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt06105
IRS990/NetAssetsOrFundBalancesEOYAmt0304
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt0388
IRS990/OtherExpensesGrp/TotalAmt0388
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BETSY MASON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0160948
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0174416
IRS990/PYInvestmentIncomeAmt012
IRS990/PYOtherExpensesAmt0227
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-13683
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0174643
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0160960
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-5801
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0198096
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06105
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0198089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0160948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0157500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0166138
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0106100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0788775
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt07
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.57040
IRS990ScheduleA/PublicSupportPY170Pct00.60980
IRS990ScheduleA/PublicSupportTotal170Amt0449899
IRS990ScheduleA/SubstantialContributorsTotAmt0338876
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0198089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0160948
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0157500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0166138
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0106100
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0788775
IRS990ScheduleA/TotalSupportAmt0788810
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. INTERNAL REVENUE CODE SECTION 513(A) DEFINES AN UNRELATED TRADE OF BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. CURRENTLY THE ORGANIZATION HAS NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. THE FOUNDATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS; HOWEVER ANY PENALTIES AND INTEREST INCURRED AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD BE RECORDED IN MISCELLANEOUS AND INTEREST EXPENSE, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0192500
IRS990ScheduleI/RecipientTable/CashGrantAmt15509
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORFOLK COLLEGIATE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BOONSBORO ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0540806413
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07336 GRANBY STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11234 EAGLE CIRCLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NORFOLK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LYNCHBURG
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd023505
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd124503
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES ASSISTANCE AND GRANTS TO NORFOLK COLLEGIATE SCHOOL AND OTHER PARTNER SCHOOLS IN THE FORM OF FINANCIAL AID. THE ELIGIBILITY CRITERIA ARE DETERMINED BY NORFOLK COLLEGIATE SCHOOL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS MEMBERS WHO MAY ELECT OTHER MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DECISIONS OF THE BOARD ARE SUBJECT TO APPROVAL BY THE MEMEBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS THE 990 BEFORE SUBMITTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NORFOLK COLLEGIATE SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0540806413
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt07336 GRANBY STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NORFOLK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd023505
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0192500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NORFOLK COLLEGIATE SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06105
IRS990/TotalAssetsEOYAmt0304
IRS990/TotalAssetsGrp/BOYAmt06105
IRS990/TotalAssetsGrp/EOYAmt0304
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0198089
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203897
IRS990/TotalFunctionalExpensesGrp/TotalAmt0203897
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06105
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0304
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0203897
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0198096
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06105
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0304
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt06105
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0304
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07336 GRANBY STREET
IRS990/USAddress/CityNm0NORFOLK
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023505
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETSY N MASON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07574802885
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORFOLK COLLEGIATE EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NORF
ReturnHeader/Filer/EIN0541893594
ReturnHeader/Filer/PhoneNum07574802885
ReturnHeader/Filer/USAddress/AddressLine1Txt07336 GRANBY STREET
ReturnHeader/Filer/USAddress/CityNm0NORFOLK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023505
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08D4105B5BFF93E9737081DCE0E3212BC4B040387
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08F53CAB8DA7994E076C579F79CE7E778EA01C311
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.164.57.250
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:53:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541517420
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WALL EINHORN & CHERNITZER PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0150 W MAIN ST SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORFOLK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023510
ReturnHeader/PreparerPersonGrp/PhoneNum07576254700
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGELA KERNS
ReturnHeader/ReturnTs02018-05-15T15:47:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.16$0.08$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.13$0.09$0.04$0.00$0.08$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.08$0.11$0.19$0.08$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.00$0.00$0.07$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.98$1.33$0.35
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$2.01$1.65$0.36
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$2.82$2.76$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.98$2.04$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$1.61$1.75$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.58$1.43$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.66$1.70$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.03$0.09$0.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$4.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$2.39$4.26$0.20