Civic Intelligence

The Perquimans County Schools Foundationinc

990EZ • Fiscal year 2015 • EIN 55-0788873

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 12, 2015

411 Edenton Road StreetHertford, NC 27944

(252) 426-5741

Siviq Scores

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

Liabilities / Assets

81st percentile

0.00x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • NTEE B112 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

0.00x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • NTEE B112 • <$500k nonprofits • Source year 2015

Net Margin

96th percentile

65%

Higher net margin than 96% of similar nonprofits.

2015 filings • NTEE B112 • <$500k nonprofits • Source year 2015

Top Officer Pay

98th percentile

$12,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 6.3% of source-year revenue.

2015 filings • NTEE B112 • <$500k nonprofits • Source year 2015

Asset Growth

82nd percentile

36%

Faster asset growth than 82% of similar nonprofits.

2015 filings • NTEE B112 • <$500k nonprofits • Annualized from 2013 to 2015

Revenue Growth

94th percentile

118%

Faster revenue growth than 94% of similar nonprofits.

2015 filings • NTEE B112 • <$500k nonprofits • Annualized from 2013 to 2015

Assets

Up

$280,539

Up $127,893 (+84%) from 2013

Net Assets

$280,080

No earlier filing loaded for comparison.

Liabilities

Up

$459

Up $459 from 2013

Revenue

Up

$191,385

Up $151,021 (+374%) from 2013

Expenses

Up

$66,537

Up $29,591 (+80%) from 2013

Net Income

Up

$124,848

Up $121,430 (+3553%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $134,133Liabilities 2012: $02012Assets 2013: $152,646Liabilities 2013: $02013Assets 2015: $280,539Liabilities 2015: $459Net Assets 2015: $280,0802015Assets 2016: $427,254Liabilities 2016: $230Net Assets 2016: $427,0242016Assets 2017: $680,478Liabilities 2017: $230Net Assets 2017: $680,2482017Assets 2018: $695,836Liabilities 2018: $230Net Assets 2018: $695,6062018Assets 2019: $740,823Liabilities 2019: $230Net Assets 2019: $740,5932019Assets 2020: $690,567Liabilities 2020: $1,019Net Assets 2020: $689,5482020Assets 2021: $911,954Liabilities 2021: $1,019Net Assets 2021: $910,9352021Assets 2022: $757,102Liabilities 2022: $1,019Net Assets 2022: $756,0832022Assets 2023: $993,387Liabilities 2023: $1,229Net Assets 2023: $992,1582023Assets 2024: $1,215,012Liabilities 2024: $1,529Net Assets 2024: $1,213,4832024Assets 2025: $1,333,075Liabilities 2025: $1,752Net Assets 2025: $1,331,3232025

Highlighted filing

2015

Assets$280,539
Liabilities$459
Net Assets$280,080

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $39,663Expenses 2012: $39,222Net Income 2012: $4412012Revenue 2013: $40,364Expenses 2013: $36,946Net Income 2013: $3,4182013Revenue 2015: $191,385Expenses 2015: $66,537Net Income 2015: $124,8482015Revenue 2016: $174,045Expenses 2016: $29,831Net Income 2016: $144,2142016Revenue 2017: $345,319Expenses 2017: $113,769Net Income 2017: $231,5502017Revenue 2018: $137,199Expenses 2018: $127,201Net Income 2018: $9,9982018Revenue 2019: $164,309Expenses 2019: $116,563Net Income 2019: $47,7462019Revenue 2020: $96,803Expenses 2020: $128,821Net Income 2020: -$32,0182020Revenue 2021: $229,691Expenses 2021: $128,622Net Income 2021: $101,0692021Revenue 2022: $410,996Expenses 2022: $413,065Net Income 2022: -$2,0692022Revenue 2023: $362,882Expenses 2023: $178,150Net Income 2023: $184,7322023Revenue 2024: $474,613Expenses 2024: $307,654Net Income 2024: $166,9592024Revenue 2025: $477,048Expenses 2025: $400,916Net Income 2025: $76,1322025

Highlighted filing

2015

Revenue$191,385
Expenses$66,537
Net Income$124,848
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$192,151
Mission and Program Overview

Mission

To promote and support academic achievement and scholarly research by students and school employees through scholarship and grant awards.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS PRESENTED TO STUDENTS DURING THE YEAR TO PROMOTE AND SUPPORT ACEDEMIC ACHIEVEMENT.-$32,350
VARIOUS PROJECTS FOR PERQUIMANS COUNTY SCHOOLS SUPPORTED SUCH AS LEAP FROG TECHNOLOGY FOR ALL 2ND GRADERS, SWIMMING LESSONS FOR ALL KINDERGARTEN STUDENTS, UPDATE PLAYGROUND AT CENTRAL SCHOOL, AND 2ND GRADE PLAY.-$19,281
AWARDS TO RECOGNIZE OUTSTANDING TEACHERS AND PRINCIPALS.-$400
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRENDA LASSITERSecretaryPT$12,000-$12,000
ROBERT CLINKSCALESPresident-$0--
TODD KEMPVpresident-$0--
PAM HURDLETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
The Perquimans County Schools
EIN
55-0788873
Phone
2524265741
Address
411 EDENTON ROAD STREET, HERTFORD, NC 27944

Signing Officer

Name
Robert Clinkscales
Title
President
Phone
2524265741
Signed
2015-11-12

Preparer

Firm
Gregory & Associates Cpas Pc
Address
1082 HARVEY POINT RD, HERTFORD, NC 27944
Preparer
Tammi Proctor
Phone
2524269200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 517 scholarships 32,350 grants to perq co schools 3,426 teacher awards 400 other grants 15,855 total 52,548

Form 990-ez, Part I, Line 20

Unrealized gain on investments -10,133

Form 990-ez, Part II, Line 26

Payroll liabilities 0 459

Form 990-ez, Part III

To promote and support academic achievement and scholarly research by students and school employees through scholarship and grant awards.

Raw XML Appendix174 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt119281
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 517 SCHOLARSHIPS 32,350 GRANTS TO PERQ CO SCHOOLS 3,426 TEACHER AWARDS 400 OTHER GRANTS 15,855 TOTAL 52,548
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN ON INVESTMENTS -10,133
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 0 459
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROMOTE AND SUPPORT ACADEMIC ACHIEVEMENT AND SCHOLARLY RESEARCH BY STUDENTS AND SCHOOL EMPLOYEES THROUGH SCHOLARSHIP AND GRANT AWARDS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT CLINKSCALES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02524265741
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PERQUIMANS COUNTY SCHOOLS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0PERQ
ReturnHeader/Filer/EIN0550788873
ReturnHeader/Filer/PhoneNum02524265741
ReturnHeader/Filer/USAddress/AddressLine1Txt0411 EDENTON ROAD STREET
ReturnHeader/Filer/USAddress/CityNm0HERTFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027944
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREGORY & ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01082 HARVEY POINT RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HERTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027944
ReturnHeader/PreparerPersonGrp/PhoneNum02524269200
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TAMMI PROCTOR
ReturnHeader/ReturnTs02015-11-16T13:43:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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Filings