Civic Intelligence

Boll Weevil Eradication Foundation of North Carolina Inc

990 • Fiscal year 2023 • EIN 56-1374044

Jan 01, 2023 to Dec 31, 2023 • Filed on May 22, 2024

PO Box 656Nashville, NC 27856-0656

(252) 459-3130

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Higher debt load relative to assets than 29% of similar nonprofits.

2023 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.01x

Higher debt load relative to revenue than 41% of similar nonprofits.

2023 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2023

Net Margin

6th percentile

-21%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2023 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2023

Asset Growth

45th percentile

3.5%

Faster asset growth than 45% of similar nonprofits.

2023 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

16th percentile

-9.4%

Faster revenue growth than 16% of similar nonprofits.

2023 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$4,013,061

Up $136,200 (+3.5%) from 2022

Net Assets

Up

$4,009,878

Up $152,813 (+4.0%) from 2022

Liabilities

Down

$3,183

Down $16,613 (-84%) from 2022

Revenue

Down

$439,636

Down $45,432 (-9.4%) from 2022

Expenses

Down

$531,720

Down $42,872 (-7.5%) from 2022

Net Income

Down

-$92,084

Down $2,560 (-2.9%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,476,937Liabilities 2011: $419,832Net Assets 2011: $5,057,1052011Assets 2012: $5,192,923Liabilities 2012: $5,008Net Assets 2012: $5,187,9152012Assets 2013: $5,368,153Liabilities 2013: $4,960Net Assets 2013: $5,363,1932013Assets 2014: $5,373,421Liabilities 2014: $3,258Net Assets 2014: $5,370,1632014Assets 2015: $5,304,568Liabilities 2015: $3,192Net Assets 2015: $5,301,3762015Assets 2016: $5,485,359Liabilities 2016: $7,189Net Assets 2016: $5,478,1702016Assets 2017: $5,693,407Liabilities 2017: $97,419Net Assets 2017: $5,595,9882017Assets 2018: $5,550,647Liabilities 2018: $139,829Net Assets 2018: $5,410,8182018Assets 2019: $5,822,430Liabilities 2019: $34,778Net Assets 2019: $5,787,6522019Assets 2020: $4,538,466Liabilities 2020: $87,419Net Assets 2020: $4,451,0472020Assets 2021: $4,508,023Liabilities 2021: $5,654Net Assets 2021: $4,502,3692021Assets 2022: $3,876,861Liabilities 2022: $19,796Net Assets 2022: $3,857,0652022Assets 2023: $4,013,061Liabilities 2023: $3,183Net Assets 2023: $4,009,8782023Assets 2024: $4,083,326Liabilities 2024: $8,267Net Assets 2024: $4,075,0592024

Highlighted filing

2023

Assets$4,013,061
Liabilities$3,183
Net Assets$4,009,878

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $867,645Expenses 2011: $912,127Net Income 2011: -$44,4822011Revenue 2012: $595,119Expenses 2012: $464,523Net Income 2012: $130,5962012Revenue 2013: $585,716Expenses 2013: $410,438Net Income 2013: $175,2782013Revenue 2014: $643,435Expenses 2014: $636,465Net Income 2014: $6,9702014Revenue 2015: $422,875Expenses 2015: $491,662Net Income 2015: -$68,7872015Revenue 2016: $586,059Expenses 2016: $409,265Net Income 2016: $176,7942016Revenue 2017: $604,062Expenses 2017: $486,244Net Income 2017: $117,8182017Revenue 2018: $332,216Expenses 2018: $517,386Net Income 2018: -$185,1702018Revenue 2019: $975,028Expenses 2019: $598,194Net Income 2019: $376,8342019Revenue 2020: $413,554Expenses 2020: $1,780,159Net Income 2020: -$1,366,6052020Revenue 2021: $504,045Expenses 2021: $452,723Net Income 2021: $51,3222021Revenue 2022: $485,068Expenses 2022: $574,592Net Income 2022: -$89,5242022Revenue 2023: $439,636Expenses 2023: $531,720Net Income 2023: -$92,0842023Revenue 2024: $391,322Expenses 2024: $587,802Net Income 2024: -$196,4802024

Highlighted filing

2023

Revenue$439,636
Expenses$531,720
Net Income-$92,084
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 22, 2024
Return Version
2023v5.0
Gross Receipts
$835,620
Mission and Program Overview

Mission

The purpose of the organization is to carry out agricultural programs involving the eradication of the boll weevil in north carolina

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,643,986$3,808,534▲ $164,548
Savings and Temporary Cash Investments$178,530$138,057▼ $40,473
Accounts Receivable$25,087$50,084▲ $24,997
Cash and Non-Interest-Bearing Accounts$27,616$16,386▼ $11,230
Land, Buildings, and Equipment, Net$1,642--
Total Assets$3,876,861$4,013,061▲ $136,200
Liabilities
Accounts Payable and Accrued Expenses$19,796$3,183▼ $16,613
Total Liabilities$19,796$3,183▼ $16,613
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,857,065$4,009,878▲ $152,813
Total Net Assets Fund Balance$3,857,065$4,009,878▲ $152,813
Total Liabilities and Net Assets / Fund Balance$3,876,861$4,013,061▲ $136,200

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$9,982$9,982
Compensation and Service Providers

Board Members and Trustees

NameTitle
Allen MclaurinChairman
Bill FooteBoard Member
David ParrishCEO
David GrantTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$281,389
Investment Income
$158,247
Other Revenue
$0
Change in Net Assets
$-92,084
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$531,720
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$252,228--$252,228
Payments to Affiliates$196,875--$196,875
Fees for Services Management$38,156--$38,156
Fees for Service Investment Mgmnt Fees-$24,324-$24,324
Fees for Services Accounting-$14,540-$14,540
Travel$1,653$184-$1,837
Fees for Services Legal-$750-$750
Conferences and Meetings$641$71-$712
Office Expenses-$339-$339
Depreciation Depletion$226--$226
Other Expenses$85$28-$113
Total Functional Expenses$489,864$41,856$0$531,720
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the board of directors prior to filing

Form 990, Page 6, Part VI, Line 19

Form 990 and other governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Boll Weevil Eradication Foundation
EIN
56-1374044
Phone
2524593130
Address
PO BOX 656, NASHVILLE, NC 27856-0656

Signing Officer

Name
David Grant
Title
Treasurer
Phone
2524593130
Signed
2024-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allen Mclaurin
Formed
1983
Legal Domicile
Nc
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
James a Lucas and Company Llp
Address
4909 WESTERN BLVD STE 200, RALEIGH, NC 27606
Preparer
Joellen H Wilkes
Phone
9198514696
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contractor payments 190,792 0 0 quality control contractor pa 61,436 0 0 total 252,228 0 0

Financial Statement Notes

Schedule D, Page 3, Part X

Management has evaluated the effect of the guidance provided by u.s. Generally accepted accounting principles on accounting for uncertainty in income taxes. The organization's policy is to record a liability for any tax position taken that is beneficial to the organization, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes that the organization continues to satisfy the requirements of a tax-exempt organization at december 31, 2023. Management has evaluated all other tax positions that could have a significant effect on the financial statements and determined the organization had no uncertain income tax positions at december 31, 2023 and, accordingly, no liability has been accrued. The organization's federal exempt organization business income tax returns (form 990) for 2022, 2021, and 2022 are subject to examination by the irs, generally for three years after they were filed.

Raw XML Appendix291 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019796
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03183
IRS990/AccountsReceivableGrp/BOYAmt025087
IRS990/AccountsReceivableGrp/EOYAmt050084
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO CARRY OUT AGRICULTURAL PROGRAMS INVOLVING THE ERADICATION OF THE BOLL WEEVIL IN NORTH CAROLINA
IRS990/BooksInCareOfDetail/PersonNm0DAVID PARRISH
IRS990/BooksInCareOfDetail/PhoneNum02524593130
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 656
IRS990/BooksInCareOfDetail/USAddress/CityNm0NASHVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027856
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt027616
IRS990/CashNonInterestBearingGrp/EOYAmt016386
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt071
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0641
IRS990/ConferencesMeetingsGrp/TotalAmt0712
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0158247
IRS990/CYOtherExpensesAmt0531720
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0281389
IRS990/CYRevenuesLessExpensesAmt0-92084
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0531720
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0439636
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0226
IRS990/DepreciationDepletionGrp/TotalAmt0226
IRS990/Desc0PROGRAM SERVICE REVENUE IS COMPOSED OF GROWER ASSESSMENTS. PROGRAM SERVICE EXPENSE IS THE EXPENSE ASSOCIATED WITH ALL AGRICULTURAL PROGRAMS INVOLVING THE ERADICATION OF THE BOLL WEEVIL IN NORTH CAROLINA.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0489864
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014540
IRS990/FeesForServicesAccountingGrp/TotalAmt014540
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0750
IRS990/FeesForServicesLegalGrp/TotalAmt0750
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt038156
IRS990/FeesForServicesManagementGrp/TotalAmt038156
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0252228
IRS990/FeesForServicesOtherGrp/TotalAmt0252228
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt024324
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt024324
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0BILL FOOTE
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm2ALLEN MCLAURIN
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID PARRISH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3CEO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-1416
IRS990/GainOrLossGrp/SecuritiesAmt08303
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0402871
IRS990/GrossReceiptsAmt0835620
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0151360
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0151360
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03643986
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03808534
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt074859
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01642
IRS990/LandBldgEquipCostOrOtherBssAmt074859
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01416
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0394568
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE OF THE ORGANIZATION IS TO CARRY OUT AGRICULTURAL PROGRAMS INVOLVING THE ERADICATION OF THE BOLL WEEVIL IN NORTH CAROLINA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03857065
IRS990/NetAssetsOrFundBalancesEOYAmt04009878
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08303
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1416
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06887
IRS990/NetUnrlzdGainsLossesInvstAmt0244897
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03857065
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04009878
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0339
IRS990/OfficeExpensesGrp/TotalAmt0339
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0FOREIGN TAX/INVESTMENTS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01160
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1460
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt228
IRS990/OtherExpensesGrp/ProgramServicesAmt085
IRS990/OtherExpensesGrp/TotalAmt01160
IRS990/OtherExpensesGrp/TotalAmt1460
IRS990/OtherExpensesGrp/TotalAmt2113
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0196875
IRS990/PaymentsToAffiliatesGrp/TotalAmt0196875
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ALLEN MCLAURIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0GROWER ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0281389
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0281389
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0132686
IRS990/PYOtherExpensesAmt0574592
IRS990/PYProgramServiceRevenueAmt0352382
IRS990/PYRevenuesLessExpensesAmt0-89524
IRS990/PYTotalExpensesAmt0574592
IRS990/PYTotalRevenueAmt0485068
IRS990/ReconcilationRevenueExpnssAmt0-92084
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0281389
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178530
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0138057
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09982
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09982
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE ORGANIZATION, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT DECEMBER 31, 2023. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2022, 2021, AND 2022 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 AND OTHER GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTRACTOR PAYMENTS 190,792 0 0 QUALITY CONTROL CONTRACTOR PA 61,436 0 0 TOTAL 252,228 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03876861
IRS990/TotalAssetsEOYAmt04013061
IRS990/TotalAssetsGrp/BOYAmt03876861
IRS990/TotalAssetsGrp/EOYAmt04013061
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041856
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0489864
IRS990/TotalFunctionalExpensesGrp/TotalAmt0531720
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019796
IRS990/TotalLiabilitiesEOYAmt03183
IRS990/TotalLiabilitiesGrp/BOYAmt019796
IRS990/TotalLiabilitiesGrp/EOYAmt03183
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03857065
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04009878
IRS990/TotalProgramServiceExpensesAmt0489864
IRS990/TotalProgramServiceRevenueAmt0281389
IRS990/TotalRevenueGrp/ExclusionAmt0159663
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0279973
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0439636
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03876861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04013061
IRS990/TravelGrp/ManagementAndGeneralAmt0184
IRS990/TravelGrp/ProgramServicesAmt01653
IRS990/TravelGrp/TotalAmt01837
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt017401 HARRY MALLOY ROAD
IRS990/USAddress/CityNm0LAURINBURG
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028352
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID GRANT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02524593130
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOLL WEEVIL ERADICATION FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF NORTH CAROLINA INC
ReturnHeader/Filer/BusinessNameControlTxt0BOLL
ReturnHeader/Filer/EIN0561374044
ReturnHeader/Filer/PhoneNum02524593130
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 656
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0278560656
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561137607
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES A LUCAS AND COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04909 WESTERN BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027606
ReturnHeader/PreparerPersonGrp/PhoneNum09198514696
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOELLEN H WILKES
ReturnHeader/ReturnTs02024-06-07T11:03:24-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DAVID
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRANT
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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.$4.08$0.01$4.08$0.39$0.59$0.20
2023Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$0.44$0.53$0.09
2022Detailed filing. Detailed filing data is available for this year.$3.88$0.02$3.86$0.49$0.57$0.09
2021Detailed filing. Detailed filing data is available for this year.$4.51$0.01$4.50$0.50$0.45$0.05
2020Detailed filing. Detailed filing data is available for this year.$4.54$0.09$4.45$0.41$1.78$1.37
2019Detailed filing. Detailed filing data is available for this year.$5.82$0.03$5.79$0.98$0.60$0.38
2018Detailed filing. Detailed filing data is available for this year.$5.55$0.14$5.41$0.33$0.52$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.69$0.10$5.60$0.60$0.49$0.12
2016Detailed filing. Detailed filing data is available for this year.$5.49$0.01$5.48$0.59$0.41$0.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.00$5.30$0.42$0.49$0.07
2014Detailed filing. Detailed filing data is available for this year.$5.37$0.00$5.37$0.64$0.64$0.01
2013Summary only. Only limited summary data is available for this year.$5.37$0.00$5.36$0.59$0.41$0.18
2012Summary only. Only limited summary data is available for this year.$5.19$0.01$5.19$0.60$0.46$0.13
2011Summary only. Only limited summary data is available for this year.$5.48$0.42$5.06$0.87$0.91$0.04