Civic Intelligence

Boyd-Glenn Foundation Inc.

990PF • Fiscal year 2023 • EIN 56-1855689

Jan 01, 2023 to Dec 31, 2023 • Filed on May 04, 2024

320 Chapman RdMontreat, NC 28757

(704) 622-2410

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Higher debt load relative to assets than 31% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

30th percentile

0.00x

Higher debt load relative to revenue than 30% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Net Margin

95th percentile

86%

Higher net margin than 95% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Asset Growth

89th percentile

38%

Faster asset growth than 89% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

82nd percentile

50%

Faster revenue growth than 82% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,420,129

Up $394,515 (+38%) from 2022

Net Assets

Up

$1,420,129

Up $394,515 (+38%) from 2022

Liabilities

Flat

$1

Flat from 2022

Revenue

Up

$355,661

Up $118,224 (+50%) from 2022

Expenses

Up

$51,137

Up $14,404 (+39%) from 2022

Net Income

Up

$304,524

Up $103,820 (+52%) from 2022

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $602,918Liabilities 2011: $0Net Assets 2011: $602,9182011Assets 2012: $608,664Liabilities 2012: $0Net Assets 2012: $608,6642012Assets 2013: $644,233Liabilities 2013: $1Net Assets 2013: $644,2332013Assets 2014: $667,645Liabilities 2014: $1Net Assets 2014: $667,6452014Assets 2015: $605,374Liabilities 2015: $1Net Assets 2015: $605,3742015Assets 2016: $643,725Liabilities 2016: $0Net Assets 2016: $643,7252016Assets 2017: $628,828Liabilities 2017: $0Net Assets 2017: $628,8282017Assets 2018: $582,153Liabilities 2018: $0Net Assets 2018: $582,1532018Assets 2019: $642,095Liabilities 2019: $1Net Assets 2019: $642,0952019Assets 2020: $666,597Liabilities 2020: $1Net Assets 2020: $666,5972020Assets 2021: $903,584Liabilities 2021: $1Net Assets 2021: $903,5842021Assets 2022: $1,025,614Liabilities 2022: $1Net Assets 2022: $1,025,6142022Assets 2023: $1,420,129Liabilities 2023: $1Net Assets 2023: $1,420,1292023Assets 2024: $7,634,482Liabilities 2024: $0Net Assets 2024: $7,634,4822024

Highlighted filing

2023

Assets$1,420,129
Liabilities$1
Net Assets$1,420,129

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $26,1832011Expenses 2012: $29,7372012Revenue 2013: $29,789Expenses 2013: $32,298Net Income 2013: -$2,5092013Revenue 2014: $47,846Expenses 2014: $32,357Net Income 2014: $15,4892014Revenue 2015: $62,291Expenses 2015: $36,386Net Income 2015: $25,9052015Revenue 2016: $42,518Expenses 2016: $34,823Net Income 2016: $7,6952016Revenue 2017: $34,074Expenses 2017: $33,673Net Income 2017: $4012017Revenue 2018: $45,382Expenses 2018: $34,651Net Income 2018: $10,7312018Revenue 2019: $51,480Expenses 2019: $35,122Net Income 2019: $16,3582019Revenue 2020: $43,227Expenses 2020: $33,966Net Income 2020: $9,2612020Revenue 2021: $329,126Expenses 2021: $40,228Net Income 2021: $288,8982021Revenue 2022: $237,437Expenses 2022: $36,733Net Income 2022: $200,7042022Revenue 2023: $355,661Expenses 2023: $51,137Net Income 2023: $304,5242023Revenue 2024: $6,159,500Expenses 2024: $68,962Net Income 2024: $6,090,5382024

Highlighted filing

2023

Revenue$355,661
Expenses$51,137
Net Income$304,524
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 4, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIEL M BOYD IIITrustee-$0--
MARY HORNBAKERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Boyd-glenn Foundation
EIN
56-1855689
Phone
7046222410
Address
320 CHAPMAN RD, MONTREAT, NC 28757

Signing Officer

Name
Daniel M Boyd
Title
Trustee
Signed
2024-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Arrowood & Associates PA
Address
1546A Union Road, Gastonia, NC 28054
Preparer
William W Arrowood
Phone
7048611420
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InvestmentsGovtObligationsSch/USGovtObligationsEOYFMVAmt0107001
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt041457
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IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt0-10796
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
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IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt01775
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IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt0325000
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt041457
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IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0304524
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt0286377
IRS990PF/AnalysisOfRevenueAndExpenses/InterestNetInvstIncmAmt013
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt013
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0-10796
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IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt06218
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt0207
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IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt06438
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt051137
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt041457
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0355661
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IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt06438
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt08213
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt02000-01-01
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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt02023-12-31
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IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt089991
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IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt01420129
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt059126
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt059126
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt059126
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IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt0487
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt01254
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt01741
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt0487
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt0487
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt01741
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IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt01025614
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt01420129
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IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt049466
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt049466
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt0206667
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt0395937
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYFMVAmt0395937
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt0543708
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0767071
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt0767071
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
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IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt0100654
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IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt01025614
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt01420129
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt01420129
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt01025614
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt01420129
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt01025614
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt01420129
IRS990PF/Form990PFBalanceSheetsGrp/USGovernmentObligationsBOYAmt0160741
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IRS990PF/Form990PFBalanceSheetsGrp/USGovtObligationsEOYFMVAmt0107001
IRS990PF/MethodOfAccountingCashInd0X
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt091878
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt01118537
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt018156
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt059613
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt01192259
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt01210415
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.63$0.00$7.63$6.16$0.07$6.09
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.36$0.05$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.24$0.04$0.20
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.33$0.04$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.04$0.03$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.05$0.04$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.05$0.03$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.03$0.03$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.06$0.04$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.05$0.03$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.03$0.03$0.00
2012Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$0.03
2011Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.03