Civic Intelligence

Border Memorial Folkmoot Fnd Inc

EIN 56-1675366 • 501(c)3 • Waynesville, NC

Profile

The foundation is established to provide ongoing support to the north carolina international folk festival inc. Which is a recognized 501(c)(3) organization.

P O Box 658Waynesville, NC 28786-0658

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-287%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

39th percentile

-9.3%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-58%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$378,892

Down $38,850 (-9.3%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$378,892

Down $38,850 (-9.3%) from 2020

Operations
Liabilities / Revenue61st percentileNet Margin5th percentile

Revenue

Down

$10,603

Down $14,843 (-58%) from 2020

Expenses

Up

$41,030

Up $14,262 (+53%) from 2020

Net Income

Down

-$30,427

Down $29,105 (-2202%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

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

$600K$400K$200K$0Assets 2011: $459,643Liabilities 2011: $0Net Assets 2011: $459,6432011Assets 2012: $480,867Liabilities 2012: $0Net Assets 2012: $480,8672012Assets 2013: $466,726Net Assets 2013: $466,7262013Assets 2014: $441,974Net Assets 2014: $441,9742014Assets 2015: $428,137Net Assets 2015: $428,1372015Assets 2016: $403,515Net Assets 2016: $403,5152016Assets 2017: $438,959Net Assets 2017: $438,9592017Assets 2018: $428,653Net Assets 2018: $428,6532018Assets 2019: $419,064Net Assets 2019: $419,0642019Assets 2020: $417,742Net Assets 2020: $417,7422020Assets 2021: $378,892Net Assets 2021: $378,8922021

Highlighted filing

2021

Assets$378,892
Liabilities-
Net Assets$378,892
Open 2021 Filing

Operations Trend

Revenue Growth14th percentile

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

$100K$50K$0-$50KExpenses 2011: $48,2872011Expenses 2012: $64,6012012Revenue 2013: $38,268Expenses 2013: $51,544Net Income 2013: -$13,2762013Revenue 2014: $21,442Expenses 2014: $61,696Net Income 2014: -$40,2542014Revenue 2015: $27,622Expenses 2015: $26,342Net Income 2015: $1,2802015Revenue 2016: $3,887Expenses 2016: $1,514Net Income 2016: $2,3732016Revenue 2017: $46,335Expenses 2017: $22,981Net Income 2017: $23,3542017Revenue 2018: $9,951Expenses 2018: $20,257Net Income 2018: -$10,3062018Revenue 2019: $11,125Expenses 2019: $20,713Net Income 2019: -$9,5882019Revenue 2020: $25,446Expenses 2020: $26,768Net Income 2020: -$1,3222020Revenue 2021: $10,603Expenses 2021: $41,030Net Income 2021: -$30,4272021

Highlighted filing

2021

Revenue$10,603
Expenses$41,030
Net Income-$30,427
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$378,892
Liabilities
-
Net assets
$378,892
Revenue
$10,603
Expenses
$41,030
Net income
-$30,427
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$3.79$3.79$0.11$0.41$0.30
2020Detailed filing. Detailed filing data is available for this year.$4.18$4.18$0.25$0.27$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.19$4.19$0.11$0.21$0.10
2018Detailed filing. Detailed filing data is available for this year.$4.29$4.29$0.10$0.20$0.10
2017Detailed filing. Detailed filing data is available for this year.$4.39$4.39$0.46$0.23$0.23
2016Detailed filing. Detailed filing data is available for this year.$4.04$4.04$0.04$0.02$0.02
2015Detailed filing. Detailed filing data is available for this year.$4.28$4.28$0.28$0.26$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.42$4.42$0.21$0.62$0.40
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$4.67$0.38$0.52$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$0.00$4.81$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$0.00$4.60$0.48
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Sep 10, 2022
Return Version
2020v4.0
Gross Receipts
$10,603
Mission and Program Overview

Mission

The foundation is established to provide ongoing support to the north carolina international folk festival, inc. Which is a recognized 501 (c) (3) organization.

The foundation is established to provide ongoing support to the north carolina international folk festival inc. Which is a recognized 501(c)(3) organization.

Program Services

DescriptionGrantsExpenses
THE BORDER MEMORIAL FOLKMOOT FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT FOR THE ANNUAL FOLKMOOT FESTIVAL AND OTHER CULTURAL PROGRAMS.$37,800$41,030
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
GLENN FIELDSExecutive Di-$0--
MICHAEL MCLEANOperations M-$0--
NEAL ENSLEYPresident-$0--
CHARLES UMBERGERTreasurer-$0--
PEGGY MELVILLEDirector-$0--
MARK BUMGARNERTreasurer-$0--
ELIZABETH TEAGUEDirector-$0--
DEREK WENZELDirector-$0--
Filing and Contact Details

Filer

Filer Name
Border Memorial Folkmoot Fnd Inc
EIN
56-1675366
Address
P O BOX 658, WAYNESVILLE, NC 28786-0658

Signing Officer

Name
Mark Bumgarner
Title
Treasurer
Phone
8284522997
Signed
2022-09-10
Discuss with paid preparer
Yes

Preparer

Firm
Ray Bumgarner Kingshill & Assoc Pa
Address
385 N HAYWOOD ST STE 3, WAYNESVILLE, NC 28786-5722
Preparer
Mark a Bumgarner CPA
Phone
8284524734
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: nc international folk festival, inc address: p.o. Box 658 waynesville, nc 28786 cash contribution: 37,800”

Form 990-ez, Part I, Line 16

“Expenses investment management fee 3,230 total 3,230”

Form 990-ez, Part I, Line 20

“Unrealized gains on investments 46,954 grant previously treated as loan -55,377”

Form 990-ez, Part II, Line 24

“Due from folkmoot 55,377 0 total 55,377 0”

Form 990-ez, Part III

“The foundation is established to provide ongoing support to the north carolina international folk festival inc. Which is a recognized 501(c)(3) organization.”

Raw XML Appendix168 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0GLENN FIELDS
CompensationExplanation/CompensationExplanationGrp/PersonNm1MICHAEL MCLEAN
CompensationExplanation/CompensationExplanationGrp/PersonNm2NEAL ENSLEY
CompensationExplanation/CompensationExplanationGrp/PersonNm3CHARLES UMBERGER
CompensationExplanation/CompensationExplanationGrp/PersonNm4PEGGY MELVILLE
CompensationExplanation/CompensationExplanationGrp/PersonNm5MARK BUMGARNER
CompensationExplanation/CompensationExplanationGrp/PersonNm6ELIZABETH TEAGUE
CompensationExplanation/CompensationExplanationGrp/PersonNm7DEREK WENZEL
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BRETT PINKSTON
IRS990EZ/BooksInCareOfDetail/PhoneNum08284522997
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 658
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAYNESVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028786
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0362365
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0378892
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-30427
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0417742
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0378892
IRS990EZ/GainOrLossFromSaleOfAssetsAmt04595
IRS990EZ/GrantsAndSimilarAmountsPaidAmt037800
IRS990EZ/GrossReceiptsAmt010603
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt06008
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0417742
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0378892
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0417742
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0378892
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
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/PersonNm0GLENN FIELDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL MCLEAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NEAL ENSLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARLES UMBERGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PEGGY MELVILLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MARK BUMGARNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ELIZABETH TEAGUE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DEREK WENZEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1OPERATIONS M
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt055377
IRS990EZ/OtherChangesInNetAssetsAmt0-8423
IRS990EZ/OtherExpensesTotalAmt03230
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION IS ESTABLISHED TO PROVIDE ONGOING SUPPORT TO THE NORTH CAROLINA INTERNATIONAL FOLK FESTIVAL INC. WHICH IS A RECOGNIZED 501(C)(3) ORGANIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE BORDER MEMORIAL FOLKMOOT FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT FOR THE ANNUAL FOLKMOOT FESTIVAL AND OTHER CULTURAL PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt037800
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt041030
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt04595
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041030
IRS990EZ/TotalProgramServiceExpensesAmt041030
IRS990EZ/TotalRevenueAmt010603
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0561369199
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt037800
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NC INTERNATIONAL FOLK FESTIVAL INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt037800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: NC INTERNATIONAL FOLK FESTIVAL, INC ADDRESS: P.O. BOX 658 WAYNESVILLE, NC 28786 CASH CONTRIBUTION: 37,800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INVESTMENT MANAGEMENT FEE 3,230 TOTAL 3,230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED GAINS ON INVESTMENTS 46,954 GRANT PREVIOUSLY TREATED AS LOAN -55,377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUE FROM FOLKMOOT 55,377 0 TOTAL 55,377 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION IS ESTABLISHED TO PROVIDE ONGOING SUPPORT TO THE NORTH CAROLINA INTERNATIONAL FOLK FESTIVAL INC. WHICH IS A RECOGNIZED 501(C)(3) ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK BUMGARNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08284522997
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BORDER MEMORIAL FOLKMOOT FND INC
ReturnHeader/Filer/BusinessNameControlTxt0BORD
ReturnHeader/Filer/EIN0561675366
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 658
ReturnHeader/Filer/USAddress/CityNm0WAYNESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0287860658
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561371036
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAY BUMGARNER KINGSHILL & ASSOC PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0385 N HAYWOOD ST STE 3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAYNESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0287865722
ReturnHeader/PreparerPersonGrp/PhoneNum08284524734
ReturnHeader/PreparerPersonGrp/PreparationDt02022-09-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK A BUMGARNER CPA
ReturnHeader/ReturnTs02022-09-10T09:37:12-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BUMGARNER
ReturnHeader/TaxPeriodBeginDt02020-11-01
ReturnHeader/TaxPeriodEndDt02021-10-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.