Civic Intelligence

Drexel Foundation Inc

990EZ • Fiscal year 2014 • EIN 56-0579548

Jun 01, 2013 to May 31, 2014 • Filed on Sep 10, 2014

Organization ProfileN/A
233 Westwood Drive28655-8965

(828) 433-8788

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2014

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

72nd percentile

21%

Faster asset growth than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

32nd percentile

-11%

Faster revenue growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$103,413

Up $17,824 (+21%) from 2013

Net Assets

Up

$103,413

Up $17,824 (+21%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin78th percentile

Revenue

Down

$82,005

Down $9,625 (-11%) from 2013

Expenses

Down

$64,181

Down $5,464 (-7.8%) from 2013

Net Income

Down

$17,824

Down $4,161 (-19%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth72nd percentile

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

$150K$100K$50K$0Assets 2012: $63,604Net Assets 2012: $63,6042012Assets 2013: $85,589Net Assets 2013: $85,5892013Assets 2014: $103,413Net Assets 2014: $103,4132014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2014

Assets$103,413
Liabilities-
Net Assets$103,413
Open 2014 Filing

Operations Trend

Revenue Growth32nd percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $90,330Expenses 2012: $97,762Net Income 2012: -$7,4322012Revenue 2013: $91,630Expenses 2013: $69,645Net Income 2013: $21,9852013Revenue 2014: $82,005Expenses 2014: $64,181Net Income 2014: $17,8242014Revenue 2015: $356,347Expenses 2015: $459,760Net Income 2015: -$103,4132015

Highlighted filing

2014

Revenue$82,005
Expenses$64,181
Net Income$17,824
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Sep 10, 2014
Return Version
2013v3.1
Gross Receipts
$82,005
Mission and Program Overview

Mission

Providing a social, cultural, and

A social, cultural and recreational center for the community.

Program Services

DescriptionGrantsExpenses
FUNDED EDUCATIONAL SCHOLARSHIPS TO LOCAL COMMUNITY COLLEGE.--
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHERRILL L COLEPresident-$0--
MORRIS BAKERV. President-$0--
PHILIP N BYRDSec. Treasurer-$0--
WILLIAM C PARTONDirector-$0--
TERRY L COLEDirector-$0--
BENJAMIN S SUCCOPDirector-$0--
ANNE H RUDISILLDirector-$0--
BRUCE HAWKINSDirector-$0--
BLAIR PROPSTDirector-$0--
Filing and Contact Details

Filer

EIN
56-0579548
Phone
8284338788

Signing Officer

Name
Sherrill L Cole
Title
Sherrill L Cole
Phone
8284338788
Signed
2014-09-10
Discuss with paid preparer
Yes

Preparer

Preparer
Philip N Byrd CPA
Phone
8284338788
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Facility lease income 82000.”

Form 990EZ, Part I, Line 10

“Facility lease assistance lease town of drexel lessee 62000.”

Form 990EZ, Part I, Line 16

“Tax and accounting 645. Legal fees 888. Depreciation 648.”

Raw XML Appendix166 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PHILIP N BYRD CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum08284338788
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10233 Westwood Drive
IRS990EZ/BooksInCareOfDetail/USAddress/City0Morganton
IRS990EZ/BooksInCareOfDetail/USAddress/State0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode0286558965
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt046755
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt065227
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017824
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt085589
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0103413
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt062000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt082005
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LandAndBuildingsGrp/BOYAmt038834
IRS990EZ/LandAndBuildingsGrp/EOYAmt038186
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt085589
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0103413
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt085589
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0103413
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHERRILL L COLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MORRIS BAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PHILIP N BYRD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WILLIAM C PARTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TERRY L COLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BENJAMIN S SUCCOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANNE H RUDISILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BRUCE HAWKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BLAIR PROPST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V. President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Sec. Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02181
IRS990EZ/OtherRevenueTotalAmt082000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0A social, cultural and recreational center for the community.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDED EDUCATIONAL SCHOLARSHIPS TO LOCAL COMMUNITY COLLEGE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt064181
IRS990EZ/TotalRevenueAmt082005
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt082000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt082000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt082000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt082000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt082000
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0410000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt09627
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt09324
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt04566
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt04907
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt028424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt082000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt082000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt082000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt082000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt082000
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0410000
IRS990ScheduleA/InvestmentIncomeCYPct00.93520
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.06480
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt028424
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt09627
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09324
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04907
IRS990ScheduleA/Total509Grp/TotalAmt028424
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0438424
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FACILITY LEASE INCOME 82000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FACILITY LEASE ASSISTANCE LEASE TOWN OF DREXEL LESSEE 62000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX AND ACCOUNTING 645. LEGAL FEES 888. DEPRECIATION 648.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHERRILL L COLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SHERRILL L COLE
ReturnHeader/BusinessOfficerGrp/PhoneNum08284338788
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10Drexel Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0DREX
ReturnHeader/Filer/EIN0560579548
ReturnHeader/Filer/PhoneNum08284338788
ReturnHeader/Filer/USAddress/AddressLine10233 Westwood Drive
ReturnHeader/Filer/USAddress/City0Morganton
ReturnHeader/Filer/USAddress/State0NC
ReturnHeader/Filer/USAddress/ZIPCode0286558965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10PHILIP N BYRD CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10233 WESTWOOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MORGANTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0286558965
ReturnHeader/PreparerPersonGrp/PhoneNum08284338788
ReturnHeader/PreparerPersonGrp/PreparationDt02014-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHILIP N BYRD CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-09-10T01:14:39-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-06-01
ReturnHeader/TaxPeriodEndDt02014-05-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$103,413
Liabilities
-
Net assets
$103,413
Revenue
$82,005
Expenses
$64,181
Net income
$17,824
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.56$4.60$1.03
2014Detailed filing. Detailed filing data is available for this year.$1.03$1.03$0.82$0.64$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.86$0.92$0.70$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.64$0.90$0.98$0.07