Civic Intelligence

Edenton Street United Methodist Church

EIN 56-1030056 • 501(c)3 • Raleigh, NC

Profile

To provide high quality full-time child development services to pre-school children ages two through five.

228 West Edenton StreetRaleigh, NC 27603

www.esumc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-323442%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$13,286

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 69926.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$0

Down $452,190 (-100%) from 2021

Liabilities

Down

$0

Down $14,063 (-100%) from 2021

Net Assets

Down

$0

Down $438,127 (-100%) from 2021

Revenue

Down

$19

Down $685,065 (-100%) from 2021

Expenses

Down

$61,473

Down $516,866 (-89%) from 2021

Net Income

Down

-$61,454

Down $168,199 (-158%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $97,212Liabilities 2011: $0Net Assets 2011: $97,2122011Assets 2012: $122,279Liabilities 2012: $6,532Net Assets 2012: $115,7472012Assets 2013: $170,376Liabilities 2013: $8,022Net Assets 2013: $162,3542013Assets 2014: $185,868Liabilities 2014: $10,993Net Assets 2014: $174,8752014Assets 2015: $207,692Liabilities 2015: $15,067Net Assets 2015: $192,6252015Assets 2016: $190,620Liabilities 2016: $15,227Net Assets 2016: $175,3932016Assets 2017: $157,701Liabilities 2017: $22,413Net Assets 2017: $135,2882017Assets 2018: $212,954Liabilities 2018: $19,725Net Assets 2018: $193,2292018Assets 2019: $280,218Liabilities 2019: $11,332Net Assets 2019: $268,8862019Assets 2020: $347,782Liabilities 2020: $16,400Net Assets 2020: $331,3822020Assets 2021: $452,190Liabilities 2021: $14,063Net Assets 2021: $438,1272021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $533,890Expenses 2011: $527,771Net Income 2011: $6,1192011Revenue 2012: $570,367Expenses 2012: $557,180Net Income 2012: $13,1872012Revenue 2013: $622,983Expenses 2013: $576,376Net Income 2013: $46,6072013Revenue 2014: $597,654Expenses 2014: $585,133Net Income 2014: $12,5212014Revenue 2015: $636,530Expenses 2015: $618,780Net Income 2015: $17,7502015Revenue 2016: $614,131Expenses 2016: $631,363Net Income 2016: -$17,2322016Revenue 2017: $612,390Expenses 2017: $648,474Net Income 2017: -$36,0842017Revenue 2018: $763,131Expenses 2018: $705,190Net Income 2018: $57,9412018Revenue 2019: $864,340Expenses 2019: $788,683Net Income 2019: $75,6572019Revenue 2020: $743,164Expenses 2020: $668,667Net Income 2020: $74,4972020Revenue 2021: $685,084Expenses 2021: $578,339Net Income 2021: $106,7452021Revenue 2022: $19Expenses 2022: $61,473Net Income 2022: -$61,4542022

Highlighted filing

2022

Revenue$19
Expenses$61,473
Net Income-$61,454

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jun 16, 2023
Return Version
2021v4.2
Gross Receipts
$19
Mission and Program Overview

Mission

To provide high quality full-time child development services to pre-school children ages two through five.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$443,677$0▼ $443,677
Prepaid Expenses and Deferred Charges$3,015$0▼ $3,015
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$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-
Total Assets$452,190$0▼ $452,190
Other Assets Total$5,498$0▼ $5,498
Liabilities
Accounts Payable and Accrued Expenses$14,063--
Total Liabilities$14,063$0▼ $14,063
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$438,127$0▼ $438,127
Total Net Assets Fund Balance$438,127$0▼ $438,127
Total Liabilities and Net Assets / Fund Balance$452,190$0▼ $452,190
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paulette HighDirectorFT$13,286$13,286

Board Members and Trustees

NameTitle
Randy LedbetterChair
Dominique FrazierBoard Member
Lashawn PiquantBoard Member
William MckinneyBoard Member
Clint MorganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$19
Change in Net Assets
$-61,454
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$32,573
Salaries, Compensation, and Employee Benefits$28,900
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$19,934$2,215-$22,149
Fees for Services Accounting-$15,250-$15,250
Payroll Taxes$2,790$310-$3,100
Current Officers, Directors, Trustees, and Key Employees$2,707$301-$3,008
Office Expenses-$2,434-$2,434
Other Expenses$3,442$1,382-$1,382
Pension Plan Contributions$579$64-$643
Fees for Services Legal-$610-$610
Fees for Services Other-$586-$586
All Other Expenses$383--$383
Total Functional Expenses$36,223$25,250$0$61,473
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
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

All board members receive a draft copy of the form 990 prior to filing.

Form 990, Part VI, Section C, line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Edenton Street United Methodist Church
EIN
56-1030056
Phone
9198322029
Address
228 WEST EDENTON STREET, RALEIGH, NC 27603

Signing Officer

Name
Clint Morgan
Title
Board Treasurer
Phone
9198322029
Signed
2023-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Clint Morgan
Formed
1973
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
5
Employees
18
Volunteers
5

Preparer

Firm
Dean Dorton Allen Ford PLLC
Address
4060 Barrett Drive, Raleigh, NC 27609
Preparer
David Boyce
Phone
9197829265
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Transfer of assets to the church at the dissolution of the center -376,673.

Raw XML Appendix367 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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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Potential scholarship recipients must provide copies of the parent's last two paystubs as well as their most recent Form W-2 on an annual basis to indicate financial need. Determination for scholarships is based on the income eligibility guidelines established by the NC Department of Health and Human Services, which is based on federal poverty levels. Funds specifically restricted for scholarships are tracked separately in the Center's financial statements. Funds are held by the Center in its bank account and released monthly to income through a general journal entry.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL BOARD MEMBERS RECEIVE A DRAFT COPY OF THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRANSFER OF ASSETS TO THE CHURCH AT THE DISSOLUTION OF THE CENTER -376,673.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, line 9:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0452190
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0452190
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025250
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt036223
IRS990/TotalFunctionalExpensesGrp/TotalAmt061473
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014063
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt014063
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0438127
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt036223
IRS990/TotalReportableCompFromOrgAmt013286
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt019
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0452190
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0228 WEST EDENTON STREET
IRS990/USAddress/CityNm0RALEIGH
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027603
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.ESUMC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CLINT MORGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09198322029
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDENTON STREET UNITED METHODIST CHURCH
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CHILD DEVELOPMENT CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0EDEN
ReturnHeader/Filer/EIN0561030056
ReturnHeader/Filer/PhoneNum09198322029
ReturnHeader/Filer/USAddress/AddressLine1Txt0228 WEST EDENTON STREET
ReturnHeader/Filer/USAddress/CityNm0RALEIGH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027603
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273858252
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dean Dorton Allen Ford PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04060 Barrett Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Raleigh
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027609
ReturnHeader/PreparerPersonGrp/PhoneNum09197829265
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Boyce
ReturnHeader/ReturnTs02023-08-01T12:02:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CLINT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORGAN
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

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