Civic Intelligence

High Point Community Foundation

990 • Fiscal year 2013 • EIN 56-1695787

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 12, 2014

PO Box 516627262
Siviq Scores

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

Liabilities / Assets

21st percentile

0.08x

Higher debt load relative to assets than 21% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

8th percentile

-6.4%

Faster asset growth than 8% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$55,539,078

Down $3,808,687 (-6.4%) from 2012

Net Assets

Down

$51,065,492

Down $3,991,580 (-7.2%) from 2012

Liabilities

Up

$4,473,586

Up $182,893 (+4.3%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$10,461,512

Up $4,871,857 (+87%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $63,825,516Liabilities 2011: $4,632,250Net Assets 2011: $59,193,2662011Assets 2012: $59,347,765Liabilities 2012: $4,290,693Net Assets 2012: $55,057,0722012Assets 2013: $55,539,078Liabilities 2013: $4,473,586Net Assets 2013: $51,065,4922013Assets 2014: $62,463,894Liabilities 2014: $4,699,742Net Assets 2014: $57,764,1522014Assets 2015: $68,094,641Liabilities 2015: $5,222,059Net Assets 2015: $62,872,5822015Assets 2016: $68,639,987Liabilities 2016: $4,896,604Net Assets 2016: $63,743,3832016Assets 2017: $79,665,704Liabilities 2017: $5,045,675Net Assets 2017: $74,620,0292017Assets 2018: $115,543,555Liabilities 2018: $5,169,526Net Assets 2018: $110,374,0292018Assets 2019: $113,315,150Liabilities 2019: $5,179,465Net Assets 2019: $108,135,6852019Assets 2020: $114,170,503Liabilities 2020: $5,127,813Net Assets 2020: $109,042,6902020Assets 2021: $116,708,881Liabilities 2021: $6,348,061Net Assets 2021: $110,360,8202021Assets 2022: $96,266,363Liabilities 2022: $5,532,565Net Assets 2022: $90,733,7982022Assets 2023: $106,439,974Liabilities 2023: $5,832,329Net Assets 2023: $100,607,6452023Assets 2024: $115,428,557Liabilities 2024: $5,819,805Net Assets 2024: $109,608,7522024

Highlighted filing

2013

Assets$55,539,078
Liabilities$4,473,586
Net Assets$51,065,492

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2011: $12,502,453Expenses 2011: $4,375,857Net Income 2011: $8,126,5962011Revenue 2012: $4,002,451Expenses 2012: $5,589,655Net Income 2012: -$1,587,2042012Expenses 2013: $10,461,5122013Revenue 2014: $9,911,925Expenses 2014: $3,538,845Net Income 2014: $6,373,0802014Revenue 2015: $8,909,739Expenses 2015: $3,801,309Net Income 2015: $5,108,4302015Revenue 2016: $12,989,799Expenses 2016: $12,118,998Net Income 2016: $870,8012016Revenue 2017: $15,457,446Expenses 2017: $4,580,800Net Income 2017: $10,876,6462017Revenue 2018: $47,855,334Expenses 2018: $9,992,112Net Income 2018: $37,863,2222018Revenue 2019: $15,972,681Expenses 2019: $19,689,844Net Income 2019: -$3,717,1632019Revenue 2020: $14,778,667Expenses 2020: $14,093,224Net Income 2020: $685,4432020Revenue 2021: $15,683,587Expenses 2021: $29,189,185Net Income 2021: -$13,505,5982021Revenue 2022: $12,506,191Expenses 2022: $17,623,339Net Income 2022: -$5,117,1482022Revenue 2023: $11,126,941Expenses 2023: $6,610,213Net Income 2023: $4,516,7282023Revenue 2024: $1,204,514Expenses 2024: $7,279,355Net Income 2024: -$6,074,8412024

Highlighted filing

2013

Revenue-
Expenses$10,461,512
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 12, 2014
Return Version
2012v2.1
Gross Receipts
$6,179,048
Mission and Program Overview

Mission

The high point community foundation is a funded and directed endowment that provides services to donors, not-for-profit agencies, and the general community by "serving the donors' interests and the community's needs." this is accomplished by building a permanent base of philanthropic funds to serve as a vehicle to meet the specific charitable objectives of individuals, organizations and institutions for the betterment of the greater high point community.charitable investments are made in the areas of health, human services, social justice, youth development, diversity issues, education, aid to the economically disadvantaged, and the arts. The foundation relies heavily upon the collective experience and knowledge of it's board of trustees to identify and respond to current and future needs that will directly affect the quality of life of all members of our community.

Filing and Contact Details

Filer

EIN
56-1695787
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IRS990/Description0THE HIGH POINT COMMUNITY FOUNDATION SERVES THE COMMUNITY OF GREATER HIGH POINT BY RAISING AN UNRESTRICTED ENDOWMENT THAT DIRECTLY UNDERWRITES ESSENTIAL NON-PROFIT ORGANIZATIONS AND CRITICAL COMMUNITY INITIATIVES THROUGH AN ANNUAL GRANTING PROGRAM THAT HAS TO-DATE GIVEN OVER $3,660,000 TO 200 ORGANIZATIONS. IN ADDITION TO THIS, THE FOUNDATION MANAGES A DIVERSE COLLECTION OF DONOR ADVISED FUNDS THAT HAVE INVESTED MILLIONS OF DOLLARS AND TREMENDOUS LEADERSHIP BACK INTO THE COMMUNITY THROUGH THEIR MONETARY ADVISEMENTS AND THEIR VISION FOR THE CREATION OF SOCIAL CAPITAL AND THE ENHANCEMENT OF THE QUALITY OF LIFE IN HIGH POINT. FINALLY, THE FOUNDATION HAS, IN THE LAST FOURTEEN YEARS, BECOME A LEADING ADVOCATE AND INITIATOR OF SOCIAL CAUSES THAT DRAMATICALLY IMPACT THOSE IN OUR COMMUNITY WHO DO NOT HAVE A STRONG VOICE, LARGE RESOURCES, OR HOPE.
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IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities00
IRS990/Gaming00
IRS990/Grants09498178
IRS990/GrantsAndSimilarAmntsCY09498178
IRS990/GrantsAndSimilarAmntsPriorYear04652684
IRS990/GrantsPayable/BOY0128932
IRS990/GrantsPayable/EOY073932
IRS990/GrantsToDomesticOrgs/ProgramServices09498178
IRS990/GrantsToDomesticOrgs/Total09498178
IRS990/GrantsToIndividuals00
IRS990/GrantsToOrganizations01
IRS990/GrantToRelatedPerson00
IRS990/GrossReceipts06179048
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/InformationTechnology/Fundraising03211
IRS990/InformationTechnology/ManagementAndGeneral0268
IRS990/InformationTechnology/ProgramServices01873
IRS990/InformationTechnology/Total05352
IRS990/Insurance/ManagementAndGeneral05476
IRS990/Insurance/ProgramServices0288
IRS990/Insurance/Total05764
IRS990/InvestmentIncomeCurrentYear04629826
IRS990/InvestmentIncome/ExclusionAmount04629826
IRS990/InvestmentIncomePriorYear01518930
IRS990/InvestmentIncome/TotalRevenueColumn04629826
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsPubTradedSecurities/BOY055462965
IRS990/InvestmentsPubTradedSecurities/EOY053548589
IRS990/LandBldgEquipmentAccumDeprec059593
IRS990/LandBuildingsEquipmentBasis066960
IRS990/LandBuildingsEquipmentBasisNet/BOY012619
IRS990/LandBuildingsEquipmentBasisNet/EOY07367
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders01
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0THE HIGH POINT COMMUNITY FOUNDATION IS A FUNDED AND DIRECTED ENDOWMENT THAT PROVIDES SERVICES TO DONORS, NOT-FOR-PROFIT AGENCIES, AND THE GENERAL COMMUNITY BY "SERVING THE DONORS' INTERESTS AND THE COMMUNITY'S NEEDS." THIS IS ACCOMPLISHED BY BUILDING A PERMANENT BASE OF PHILANTHROPIC FUNDS TO SERVE AS A VEHICLE TO MEET THE SPECIFIC CHARITABLE OBJECTIVES OF INDIVIDUALS, ORGANIZATIONS AND INSTITUTIONS FOR THE BETTERMENT OF THE GREATER HIGH POINT COMMUNITY.CHARITABLE INVESTMENTS ARE MADE IN THE AREAS OF HEALTH, HUMAN SERVICES, SOCIAL JUSTICE, YOUTH DEVELOPMENT, DIVERSITY ISSUES, EDUCATION, AID TO THE ECONOMICALLY DISADVANTAGED, AND THE ARTS. THE FOUNDATION RELIES HEAVILY UPON THE COLLECTIVE EXPERIENCE AND KNOWLEDGE OF IT'S BOARD OF TRUSTEES TO IDENTIFY AND RESPOND TO CURRENT AND FUTURE NEEDS THAT WILL DIRECTLY AFFECT THE QUALITY OF LIFE OF ALL MEMBERS OF OUR COMMUNITY.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0PAUL LESSARD
IRS990/NbrIndependentVotingMembers034
IRS990/NbrVotingGoverningBodyMembers034
IRS990/NbrVotingMembersGoverningBody034
IRS990/NetAssetsOrFundBalancesBOY055057072
IRS990/NetAssetsOrFundBalancesEOY051065492
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NoncashContributions0203758
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith109600
IRS990/NumberIndependentVotingMembers034
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees04
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising03064
IRS990/Occupancy/ManagementAndGeneral01225
IRS990/Occupancy/ProgramServices01838
IRS990/Occupancy/Total06127
IRS990/OfficeExpenses/Fundraising05399
IRS990/OfficeExpenses/ManagementAndGeneral01655
IRS990/OfficeExpenses/ProgramServices02481
IRS990/OfficeExpenses/Total09535
IRS990/OfficerEntityWithBsnssRltnshp00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$5.82$110$1.20$7.28$6.07
2023Detailed filing. Detailed filing data is available for this year.$106$5.83$101$11.1$6.61$4.52
2022Detailed filing. Detailed filing data is available for this year.$96.3$5.53$90.7$12.5$17.6$5.12
2021Detailed filing. Detailed filing data is available for this year.$117$6.35$110$15.7$29.2$13.5
2020Detailed filing. Detailed filing data is available for this year.$114$5.13$109$14.8$14.1$0.69
2019Detailed filing. Detailed filing data is available for this year.$113$5.18$108$16.0$19.7$3.72
2018Detailed filing. Detailed filing data is available for this year.$116$5.17$110$47.9$9.99$37.9
2017Detailed filing. Detailed filing data is available for this year.$79.7$5.05$74.6$15.5$4.58$10.9
2016Detailed filing. Detailed filing data is available for this year.$68.6$4.90$63.7$13.0$12.1$0.87
2015Summary only. Only limited summary data is available for this year.$68.1$5.22$62.9$8.91$3.80$5.11
2014Detailed filing. Detailed filing data is available for this year.$62.5$4.70$57.8$9.91$3.54$6.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.5$4.47$51.1$10.5
2012Summary only. Only limited summary data is available for this year.$59.3$4.29$55.1$4.00$5.59$1.59
2011Summary only. Only limited summary data is available for this year.$63.8$4.63$59.2$12.5$4.38$8.13